PenderFund Capital Management Ltd.
SEC Form 13F institutional filer · CIK 0001706164
13F-HR · 22 reported holdings · 2026-03-31
Reported long-US-equity value
$0.02B
Top-10 concentration
83.3%
PenderFund Capital Management Ltd. — $18.4M AUM allocation strategy
PenderFund Capital Management Ltd. files SEC Form 13F and reports $18.4M of long US equity value across 22 reported holdings for 2026-03-31.
Its largest sector bet is Financials 26.7%, followed by Information Technology 19.3% and Industrials 15.0%.
The top 10 holdings account for 83% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
PenderFund Capital Management Ltd. — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$18.4M
total across 22 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
83% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$DECK +18.9K sh · +$1.88M+$KKR +9.6K sh · +$197K+$WBD +5.5K sh · +$128K
Biggest trims (shares)
−$IFF −16.6K sh · −$1.03M−$ADBE −10.9K sh · +$109K−$MCHP −7.1K sh · −$446K
Exited to nil (held last quarter, gone now)
$NVDA ($653K last qtr)$ON ($314K last qtr)$TXN ($312K last qtr)$MA ($285K last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Asset Management & Custody Banks14.8%—
- Heavy Electrical Equipment11.5%—
- Footwear11.4%—
- Consumer Staples Merchandise Retail11.0%—
- Investment Banking & Brokerage11.0%—
- Specialty Chemicals6.9%—
- Systems Software6.7%—
- Life Sciences Tools & Services4.8%—
- Other holdings22.1%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
10 of 10 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $KKR | KKR & Co. Inc | 29.3K | $2.71M | +9.6K | 14.7% |
| $GNRC | Generac Holdlings Inc | 10.8K | $2.12M | — | 11.5% |
| $DECK | Deckers Outdoor Corporation | 21K | $2.1M | +18.9K | 11.4% |
| $DLTR | Dollar Tree Inc | 18.5K | $2.03M | +0 | 11.0% |
| $MS | Morgan Stanley | 400K | $2.03M | — | 11.0% |
| $IFF | International Flavors & Fragrances Inc | 17.6K | $1.28M | -16.6K | 6.9% |
| $DHR | Danaher Corporation | 4.7K | $891K | +0 | 4.8% |
| $MSFT | Microsoft Corporation | 2.3K | $851K | — | 4.6% |
| $APH | Amphenol Corporation | 5.6K | $708K | — | 3.8% |
| $CAT | Caterpillar Inc | 900 | $638K | — | 3.5% |
…and 12 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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