Penderfund Capital Management 13F annual report

Penderfund Capital Management is an investment fund managing more than $170 billion ran by Gina Jones. There are currently 108 companies in Mrs. Jones’s portfolio. The largest investments include Sangoma Technologies Corp and Par Technology, together worth $38.5 billion.

$170 billion Assets Under Management (AUM)

As of 7th August 2024, Penderfund Capital Management’s top holding is 3,132,633 shares of Sangoma Technologies Corp currently worth over $21.2 billion and making up 12.5% of the portfolio value. In addition, the fund holds 268,309 shares of Par Technology worth $17.3 billion, whose value grew 6.6% in the past six months. The third-largest holding is Burford Cap Ltd worth $13.8 billion and the next is Nuveen Quality Muncp Income worth $9.96 billion, with 619,900 shares owned.

Currently, Penderfund Capital Management's portfolio is worth at least $170 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Penderfund Capital Management

The Penderfund Capital Management office and employees reside in Vancouver, British Columbia, Canada. According to the last 13-F report filed with the SEC, Gina Jones serves as the CFO at Penderfund Capital Management.

Recent trades

In the most recent 13F filing, Penderfund Capital Management revealed that it had opened a new position in Nuvei Corporation and bought 24,600 shares worth $1.09 billion.

The investment fund also strengthened its position in Abrdn Platinum Etf Trust by buying 50,000 additional shares. This makes their stake in Abrdn Platinum Etf Trust total 75,000 shares worth $9.39 billion.

On the other hand, there are companies that Penderfund Capital Management is getting rid of from its portfolio. Penderfund Capital Management closed its position in Peloton Interactive Inc on 14th August 2024. It sold the previously owned 337,090 shares for $1.96 billion. Gina Jones also disclosed a decreased stake in Sangoma Technologies Corp by approximately 0.1%. This leaves the value of the investment at $21.2 billion and 3,132,633 shares.

One of the smallest hedge funds

The two most similar investment funds to Penderfund Capital Management are Fairway Wealth and Members Advisory. They manage $170 billion and $170 billion respectively.


Gina Jones investment strategy

Penderfund Capital Management’s portfolio is diversified across 11 sectors. Currently, their heaviest sector is Technology — making up 20.0% of the total portfolio value. The fund focuses on investments in the United States as 33.3% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 6% of the total holdings value. On the other hand, small-cap stocks make up only 0.9% of the portfolio. The average market cap of the portfolio companies is close to $10.8 billion.

The complete list of Penderfund Capital Management trades based on 13F SEC filings

These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security Shares Owned Value Allocation
Sangoma Technologies Corp
5.31%
3,132,633
$21,176,599,000 12.48%
Par Technology Corp.
1.77%
268,309
$17,284,861,000 10.18%
Burford Cap Ltd
0.99%
771,713
$13,777,433,000 8.12%
Nuveen Quality Muncp Income
27.07%
619,900
$9,956,156,000 5.87%
Abrdn Platinum Etf Trust
200.00%
75,000
$9,385,165,000 5.53%
Nuveen Amt Free Qlty Mun Inc
17.05%
515,000
$8,074,094,000 4.76%
Docebo Inc.
No change
117,820
$6,224,431,000 3.67%
Nuveen Municipal Credit Inc
51.33%
365,500
$6,175,275,000 3.64%
Interactive Brokers Group In
12.81%
30,638
$5,138,695,000 3.03%
Western Ast Infl Lkd Opp I
2.34%
439,485
$5,116,531,000 3.01%
Aviat Networks Inc
No change
129,524
$5,083,733,000 3.00%
Zillow Group Inc
13.65%
74,947
$4,756,366,000 2.80%
Forum Energy Technologies In
No change
199,122
$4,592,813,000 2.71%
Kkr Co Inc
20.09%
31,420
$4,523,650,000 2.67%
Clarivate Plc Ord Shs
562.45%
502,800
$3,913,898,000 2.31%
Texas Pacific Land Corporati
38.45%
3,521
$3,536,908,000 2.08%
Kennedy-Wilson Holdings Inc
No change
264,660
$3,519,302,000 2.07%
Morgan Stanley Emerging Mkts
1.99%
516,690
$3,223,271,000 1.90%
Peloton Interactive Inc
Closed
337,090
$1,956,355,000
Carrols Restaurant Group Inc.
Closed
109,157
$1,406,135,000
Tricon Residential Inc
Closed
91,600
$1,383,456,000
Brookfield Corp
No change
23,940
$1,362,186,000 0.80%
Everbridge Inc
106.35%
26,000
$1,244,570,000 0.73%
Kaman Corp.
Closed
18,700
$1,161,891,000
Nuvei Corporation
Opened
24,600
$1,089,717,000 0.64%
Daseke Inc
Closed
94,100
$1,057,944,000
M.D.C. Holdings, Inc.
Closed
12,105
$1,031,524,000
Transphorm Inc
Closed
145,000
$964,372,000
Masonite Intl Corp
Closed
5,200
$925,889,000
Microchip Technology, Inc.
No change
7,160
$896,264,000 0.53%
Decisionpoint Sys Inc New
Opened
64,185
$895,645,000 0.53%
GFL Environmental Inc.
Opened
15,600
$831,168,000 0.49%
Whole Earth Brands, Inc.
9.97%
122,400
$813,804,000 0.48%
Vericity, Inc.
24.36%
50,967
$796,961,000 0.47%
Endeavor Group Hldgs Inc
Opened
21,300
$787,640,000 0.46%
Atlantica Sustainable Infr P
Opened
25,580
$768,134,000 0.45%
National Westn Life Group In
38.89%
1,100
$747,823,000 0.44%
Pioneer Nat Res Co
Closed
2,100
$746,696,000
Southwestern Energy Company
Opened
80,100
$737,479,000 0.43%
Taro Pharmaceutical Inds Ltd
Closed
12,800
$734,101,000
Hireright Holdings Corporati
Closed
37,400
$722,921,000
CSI Compressco LP
Closed
228,400
$720,854,000
American Eqty Invt Life Hld
Closed
9,460
$720,405,000
Eagle Bulk Shipping Inc
Closed
8,476
$717,228,000
Baidu Inc
No change
5,800
$686,192,000 0.40%
Northrop Grumman Corp.
No change
1,150
$685,862,000 0.40%
Atrion Corp.
Opened
1,100
$680,842,000 0.40%
Western Asst Infltn Lkd Inm
19.36%
61,666
$675,741,000 0.40%
IAC Inc
No change
10,500
$672,978,000 0.40%
American Natl Bankshares Inc
Closed
9,887
$639,623,000
FirstService Corp
Closed
2,720
$609,960,000
Surmodics, Inc.
Opened
10,600
$609,636,000 0.36%
Keen Vision Acquisition Corp
Opened
42,000
$607,964,000 0.36%
Generation Asia I Acquisitio
Opened
39,385
$606,157,000 0.36%
TDCX Inc.
Closed
61,898
$601,161,000
Stericycle Inc.
Opened
7,300
$580,531,000 0.34%
Starrett L S Co
Closed
26,900
$578,990,000
Haynes International Inc.
42.86%
7,200
$578,193,000 0.34%
North Amern Constr Group Ltd
10.66%
21,780
$574,556,000 0.34%
Matterport Inc
Opened
93,900
$574,216,000 0.34%
Heartland Finl Usa Inc
Opened
9,100
$553,369,000 0.33%
Stratasys Ltd
14.45%
46,740
$536,479,000 0.32%
Encore Wire Corp.
Opened
1,300
$515,453,000 0.30%
Starbucks Corp.
32.26%
4,830
$514,408,000 0.30%
Codorus Vy Bancorp Inc
No change
15,100
$496,608,000 0.29%
Cartica Acquisition Corp
Closed
32,700
$487,232,000
Cerevel Therapeutics Hldng I
48.81%
8,600
$481,080,000 0.28%
Ssc Technologies Hldgs Inc
Closed
5,510
$480,430,000
NeoGames S.A.
Closed
11,810
$463,280,000
Hudson Acquisition I Corp
Closed
32,200
$462,331,000
Powerschool Holdings Inc
Opened
15,030
$460,379,000 0.27%
Ero Copper Corp
10.86%
15,600
$456,144,000 0.27%
Starwood Ppty Tr Inc
No change
16,700
$432,711,000 0.25%
California BanCorp
Opened
14,100
$414,724,000 0.24%
Perficient Inc.
Opened
4,000
$409,266,000 0.24%
Dollar Gen Corp New
No change
2,260
$408,828,000 0.24%
Hashicorp Inc
Opened
8,800
$405,589,000 0.24%
Walkme Ltd
Opened
20,900
$399,434,000 0.24%
Hibbett Inc
Opened
3,300
$393,715,000 0.23%
Silk Rd Med Inc Com
Opened
10,500
$388,417,000 0.23%
Agiliti Inc
Closed
26,700
$366,005,000
Inflection Pt Acquisitn Crp
No change
25,000
$362,533,000 0.21%
Acri Capital Acquisition Cor
Closed
23,710
$360,988,000
Capri Holdings Limited
Closed
5,340
$327,668,000
Aquaron Acquisition Corp
Opened
21,700
$325,366,000 0.19%
PlayAGS Inc
Opened
20,600
$324,091,000 0.19%
Overseas Shipholding Group I
Opened
27,800
$322,510,000 0.19%
Allete, Inc.
Opened
3,780
$322,426,000 0.19%
Calliditas Therapeutics AB
Opened
6,000
$320,042,000 0.19%
Albertsons Cos Inc
Opened
11,600
$313,420,000 0.18%
Axonics Inc
Opened
3,400
$312,712,000 0.18%
Hess Corporation
Opened
1,500
$302,722,000 0.18%
Alimera Sciences Inc.
Opened
39,300
$298,930,000 0.18%
U.S. Silica Holdings Inc
Opened
14,100
$298,023,000 0.18%
Affinity Bancshares Inc
Opened
10,200
$295,827,000 0.17%
Vista Outdoor Inc
No change
5,500
$283,289,000 0.17%
Olink Hldg Ab
46.02%
8,000
$278,863,000 0.16%
Landos Biopharma Inc
Closed
9,300
$270,842,000
Akili Inc
Opened
454,970
$270,567,000 0.16%
Metal Sky Star Acquisition C
No change
16,500
$255,863,000 0.15%
Catalent Inc.
No change
3,200
$246,161,000 0.15%
Focus Impact Bh3 Acquisition
Opened
16,066
$234,077,000 0.14%
eGain Corp
88.34%
27,000
$233,075,000 0.14%
Hollysys Automation Tchngy L
Closed
6,700
$232,151,000
Enerplus Corporation
Closed
8,700
$231,685,000
Juniper Networks Inc
51.72%
4,400
$219,468,000 0.13%
Horizon Space Acqustn I Corp
Opened
13,500
$204,079,000 0.12%
McGrath Rentcorp
No change
1,370
$199,699,000 0.12%
Doma Holdings Inc
Opened
23,620
$196,142,000 0.12%
Consolidated Comm Hldgs Inc
63.68%
32,400
$195,029,000 0.11%
Dmy Squared Technology Group
Opened
13,264
$194,523,000 0.11%
Zerofox Hldgs Inc
Closed
126,744
$192,283,000
Sharecare Inc
Opened
104,000
$192,074,000 0.11%
Allego N V
Opened
82,231
$188,993,000 0.11%
Societal Cdmo Inc
Closed
123,400
$180,524,000
Gan Ltd
72.50%
86,170
$173,880,000 0.10%
Hawaiian Holdings, Inc.
No change
10,000
$170,049,000 0.10%
Aetherium Acquisition Corp
Closed
9,498
$143,451,000
Aarons Company Inc (The)
Opened
10,189
$139,112,000 0.08%
Callon Pete Co Del
Closed
2,748
$133,110,000
Anterix Inc.
13.04%
2,000
$108,322,000 0.06%
Quetta Acquisition Corp
Opened
6,195
$87,717,000 0.05%
Profound Med Corp
Opened
7,300
$85,556,000 0.05%
BCE Inc
No change
1,758
$77,897,000 0.05%
Advisorshares Tr
Opened
7,200
$72,200,000 0.04%
Bynordic Acquisition Corp
Opened
4,409
$68,098,000 0.04%
Sealed Air Corp.
Opened
1,200
$57,113,000 0.03%
Capstar Finl Hldgs Inc
Closed
2,041
$55,569,000
Vision Sensing Acquisition C
Closed
3,447
$52,061,000
International Media Acquisit
234.35%
3,280
$52,052,000 0.03%
NexGen Energy Ltd
No change
5,400
$51,516,000 0.03%
Lightspeed Commerce Inc
Opened
2,400
$44,880,000 0.03%
Western Asset Emerging Mkts
1.81%
3,198
$40,731,000 0.02%
Bragg Gaming Group Inc
Closed
4,800
$39,792,000
Welsbach Tech Metals Acqu Co
Opened
2,100
$31,861,000 0.02%
Iris Acquisition Corp
Closed
2,000
$28,933,000
Fintech Ecosystem Deve
Closed
1,721
$25,643,000
Altenergy Acquisition Corp
Closed
1,536
$23,303,000
Clover Leaf Capital Corp
No change
879
$14,671,000 0.01%
Silverbox Corp Iii
No change
1,000
$14,501,000 0.01%
Duet Acquisition Corp
No change
305
$4,663,000 0.00%
Tlgy Acquisition Corporation
Opened
177
$2,762,000 0.00%
Chord Energy Corporation
Opened
8
$1,835,000 0.00%
Superior Drilling Prods Inc
No change
300
$534,000 0.00%
Qomolangma Acquisition Corp
3,100.00%
32
$461,000 0.00%
Compass Digital Acquisitn Co
Opened
7
$104,000 0.00%
Mars Acquisition Corp
Closed
2
$29,000
No transactions found
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