PenderFund Capital Management Ltd. Q4 2025 Filing
Filed February 17, 2026
Portfolio Value
$634.7M
Holdings
219
Report Date
Q4 2025
Filing Type
13F-HR
All Holdings (219 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 101 | VCICVINE HILL CAP INVT CORP. | 25,000 | $269K | 0.04% | |
| 102 | BLFYBLUE FOUNDRY BANCORP | 21,600 | $268K | 0.04% | |
| 103 | CSGSCSG SYS INTL INC | 3,500 | $268K | 0.04% | |
| 104 | ALEXALEXANDER & BALDWIN INC NEW | 12,400 | $255K | 0.04% | |
| 105 | DHILDIAMOND HILL INVT GROUP INC | 1,500 | $254K | 0.04% | |
| 106 | VCICVINE HILL CAP INVTS CORP II | 25,000 | $250K | 0.04% | |
| 107 | GDOTGREEN DOT CORP | 19,500 | $249K | 0.04% | |
| 108 | CPACOPA HOLDINGS SA | 2,048 | $247K | 0.04% | |
| 109 | ISPOINSPIRATO INCORPORATED | 59,100 | $246K | 0.04% | |
| 110 | BELFABEL FUSE INC | 1,600 | $242K | 0.04% | |
| 111 | RTACRENATUS TACTICAL ACQUIS | 22,500 | $240K | 0.04% | |
| 112 | CGCTCARTESIAN GROWTH CORP III | 22,700 | $233K | 0.04% | |
| 113 | BLUWBLUE WTR ACQUISITION CORP. I | 22,500 | $232K | 0.04% | |
| 114 | IMXIINTERNATIONAL MNY EXPRESS IN | 15,100 | $231K | 0.04% | |
| 115 | GDENGOLDEN ENTMT INC | 8,500 | $231K | 0.04% | |
| 116 | PRAPROASSURANCE CORP | 9,401 | $227K | 0.04% | |
| 117 | 5TCTRUECAR INC | 97,100 | $219K | 0.03% | |
| 118 | DECKDECKERS OUTDOOR CORP | 2,110 | $218K | 0.03% | |
| 119 | SIMASIM ACQUISITION CORP. I | 20,400 | $216K | 0.03% | |
| 120 | SEMRSEMRUSH HLDGS INC | 18,023 | $214K | 0.03% | |
| 121 | CMACOMERICA INC | 2,397 | $208K | 0.03% | |
| 122 | KWKENNEDY-WILSON HOLDINGS INC | 21,200 | $205K | 0.03% | |
| 123 | ASTLALGOMA STL GROUP INC | 50,000 | $205K | 0.03% | |
| 124 | FTWEQV VENTURES AC CORP. II | 20,000 | $200K | 0.03% | |
| 125 | CDTXCIDARA THERAPEUTICS INC | 900 | $198K | 0.03% | |
| 126 | BHFBRIGHTHOUSE FINL INC | 2,900 | $187K | 0.03% | |
| 127 | NWENORTHWESTERN ENERGY GROUP IN | 2,900 | $187K | 0.03% | |
| 128 | WRNWESTERN COPPER & GOLD CORP | 68,500 | $183K | 0.03% | |
| 129 | HVMCHIGHVIEW MERGER CORP | 18,000 | $182K | 0.03% | |
| 130 | MKLYMCKINLEY ACQUISITION CORP | 18,000 | $181K | 0.03% | |
| 131 | LYTSLSI INDS INC OHIO | 9,730 | $178K | 0.03% | |
| 132 | WENNWEN ACQUISITION CORP | 17,600 | $177K | 0.03% | |
| 133 | —RANGE CAP ACQUISITION CORP I | 17,320 | $176K | 0.03% | |
| 134 | PLYMPLYMOUTH INDL REIT INC | 8,000 | $175K | 0.03% | |
| 135 | PACHPIONEER ACQUISITION I CORP | 17,400 | $175K | 0.03% | |
| 136 | JAMFJAMF HLDG CORP | 13,300 | $173K | 0.03% | |
| 137 | AVDLAVADEL PHARMACEUTICALS PLC | 8,004 | $172K | 0.03% | |
| 138 | CWANCLEARWATER ANALYTICS HLDGS I | 7,100 | $171K | 0.03% | |
| 139 | AM6AMICUS THERAPEUTICS INC | 11,900 | $169K | 0.03% | |
| 140 | JHGJANUS HENDERSON GROUP PLC | 3,500 | $166K | 0.03% | |
| 141 | EMSMART SH GLOBAL LTD | 131,500 | $153K | 0.02% | |
| 142 | ONTFON24 INC | 18,900 | $150K | 0.02% | |
| 143 | FONRFONAR CORP | 8,100 | $150K | 0.02% | |
| 144 | GIFIGULF IS FABRICATION INC | 12,522 | $149K | 0.02% | |
| 145 | FNFFIDELITY NATIONAL FINANCIAL | 2,694 | $147K | 0.02% | |
| 146 | NPACNEW PROVIDENCE ACQUISITION C | 13,765 | $141K | 0.02% | |
| 147 | MOFGMIDWESTONE FINL GROUP INC NE | 3,305 | $127K | 0.02% | |
| 148 | HOUSANYWHERE REAL ESTATE INC | 8,500 | $120K | 0.02% | |
| 149 | BSAABEST SPAC I ACQUISITION CORP | 11,800 | $119K | 0.02% | |
| 150 | MSOSADVISORSHARES TR | 23,100 | $109K | 0.02% | |
| 151 | RDAGREPUBLIC DIGITAL ACQUISITION | 10,600 | $107K | 0.02% | |
| 152 | GRAFGRAF GLOBAL CORP | 10,000 | $107K | 0.02% | |
| 153 | MBVIM3-BRIGADE ACQUISITION VI CO | 10,387 | $104K | 0.02% | |
| 154 | FERAFIFTH ERA ACQUISITION CORP I | 10,100 | $103K | 0.02% | |
| 155 | AHLASPEN INSURANCE HOLDINGS LTD | 2,800 | $103K | 0.02% | |
| 156 | CEPFCANTOR EQUITY PARTNERS IV IN | 10,000 | $102K | 0.02% | |
| 157 | BLZRTRAILBLAZER ACQUISITION CORP | 10,000 | $102K | 0.02% | |
| 158 | FRGEFORGE GLOBAL HOLDINGS INC | 2,300 | $102K | 0.02% | |
| 159 | LWACLIGHTWAVE ACQUISITION CORP | 10,196 | $102K | 0.02% | |
| 160 | CHECCHENGHE ACQUISITION III CO | 10,000 | $100K | 0.02% | |
| 161 | LATAGALATA ACQUISITION CORP II | 10,000 | $100K | 0.02% | |
| 162 | ITHAITHAX ACQUISITION CORP III | 10,000 | $99K | 0.02% | |
| 163 | AMWDAMERICAN WOODMARK CORPORATIO | 1,800 | $97K | 0.02% | |
| 164 | FROGJFROG LTD | 1,500 | $93K | 0.01% | |
| 165 | OBAOXLEY BRIDGE ACQ LTD | 9,100 | $91K | 0.01% | |
| 166 | FIGXUFIGX CAP ACQUISITION CORP. | 9,000 | $90K | 0.01% | |
| 167 | TGNATEGNA INC | 4,500 | $87K | 0.01% | |
| 168 | VACHVOYAGER ACQUISITION CORP | 7,900 | $84K | 0.01% | |
| 169 | ONLORION PROPERTIES INC | 37,000 | $83K | 0.01% | |
| 170 | PMTRPERIMETER ACQUISITION CORP I | 8,000 | $82K | 0.01% | |
| 171 | GTLBGITLAB INC | 2,100 | $78K | 0.01% | |
| 172 | CEPFCANTOR EQUITY PARTNERS III I | 7,200 | $73K | 0.01% | |
| 173 | PRNPROFOUND MED CORP | 9,400 | $73K | 0.01% | |
| 174 | HCMAHCM III ACQUISITION CORP | 7,200 | $72K | 0.01% | |
| 175 | FCRSFUTURECREST ACQUISITION CORP | 5,000 | $51K | 0.01% | |
| 176 | CEPFCANTOR EQUITY PARTNERS V INC | 5,000 | $51K | 0.01% | |
| 177 | ONCH1RT ACQUISITION CORP. | 5,000 | $51K | 0.01% | |
| 178 | LFACLEAPFROG ACQUISITION CORP | 5,000 | $50K | 0.01% | |
| 179 | IPCXINFLECTION PT ACQUISITION CO | 5,000 | $50K | 0.01% | |
| 180 | —SOCIAL COMM PARTNERS CORP | 5,000 | $50K | 0.01% | |
| 181 | CRANUCRANE HBR ACQUISITION CORP I | 5,000 | $50K | 0.01% | |
| 182 | IRHOUIRON HORSE ACQUISIT CORP II | 5,000 | $49K | 0.01% | |
| 183 | LPCVLAUNCHPAD CADENZA ACQUISITIO | 5,000 | $49K | 0.01% | |
| 184 | GOOSCANADA GOOSE HLDGS INC | 3,300 | $42K | 0.01% | |
| 185 | LNKBLINKBANCORP INC | 5,175 | $42K | 0.01% | |
| 186 | U6ZURANIUM ENERGY CORP | 3,300 | $38K | 0.01% | |
| 187 | ELLAUDER ESTEE COS INC | 355 | $37K | 0.01% | |
| 188 | GGENPACT LIMITED | 811 | $37K | 0.01% | |
| 189 | MCYMERCURY GENL CORP NEW | 390 | $36K | 0.01% | |
| 190 | MJAMPLIFY ETF TR | 1,200 | $35K | 0.01% | |
| 191 | EEFTEURONET WORLDWIDE INC | 440 | $33K | 0.01% | |
| 192 | BBUBROOKFIELD BUSINESS PARTNERS | 925 | $32K | 0.01% | |
| 193 | VRSNVERISIGN INC | 135 | $32K | 0.01% | |
| 194 | ITRIITRON INC | 340 | $31K | 0.00% | |
| 195 | BAHBOOZ ALLEN HAMILTON HLDG COR | 350 | $29K | 0.00% | |
| 196 | ARANTERO RESOURCES CORP | 800 | $27K | 0.00% | |
| 197 | CARTMAPLEBEAR INC | 595 | $26K | 0.00% | |
| 198 | CCXIUCHURCHILL CAP CORP XI | 2,500 | $25K | 0.00% | |
| 199 | OTGAOTG ACQUISITION CORP. I | 2,500 | $25K | 0.00% | |
| 200 | COOCOOPER COS INC | 300 | $24K | 0.00% |