PenderFund Capital Management Ltd.
Annual return '25
+9.6%
SPY '25
+17.7%
Alpha
-8.2ptsvs SPY
Invested
$638.6M
Holdings
222
Trades YTD
0
Performance · Fund vs SPY
Cumulative return · quarterly snapshotsCoverage 98%. 4 quarters of 2025 measured against SPY adj-close benchmark.
Top holdings · current snapshot
Source: 13F-HR01
$AGCN 0.375 01/15
FIRST MAJESTIC SILVER CORP
Held since at least Q1 2024
8.5%
02
$NOG 3.625 04/15/
NORTHERN OIL & GAS INC
Held since at least Q1 2024
7.8%
03
$FLNC 2.25 06/15/
FLUENCE ENERGY INC
Held since at least Q1 2024
6.0%
04
$SO 4.5 06/15/27
SOUTHERN CO
Held since at least Q1 2024
5.3%
05
$NIO 4.625 10/15/
NIO INC
Held since at least Q1 2024
4.7%
06
$EQXCN 4.75 10/15
EQUINOX GOLD CORP
Held since at least Q1 2024
4.6%
07
$PPLT
ABRDN PLATINUM ETF TRUST
Held since at least Q1 2024
4.5%
08
$DUK 4.125 04/15/
DUKE ENERGY CORP NEW
Held since at least Q1 2024
4.4%
09
$NIO 3.875 10/15/
NIO INC
Held since at least Q1 2024
4.1%
10
$PPL 2.875 03/15/
PPL CAP FDG INC
Held since at least Q1 2024
4.1%
Recent trades · Last 90 days
No Form 4 / 13D / 13G trade events on file in the recent window. 13F filers report position snapshots quarterly rather than per-trade events, so this section is most useful for managers who also file Form 4 or 13D/G.
Convergence · Pattern Engine ships in v1.1
30-day windowIn development
Convergence participation lands with the Pattern Engine.
Once the Pattern Engine ships, this section will list every active convergence event this fund is named in — with the other named funds, the Congress members on the same name, and combined position size.
Source data: SEC EDGAR · 13F-HR filings · Performance through 2025-12-31 · Last refreshed 09:24 UTC.