PenderFund Capital Management Ltd.
CIK 0001706164
Annualised vol
8.273485%
Beta
0.130754
HHI
367.25949
Top-10 weight
52.103025%
VaR 95%
0.769879%
VaR 99%
1.783838%
Max drawdown
24.739212%
Matched value
79.88956%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| NOG | ADDED | 67,000,000 | 44,500,000 | 50.56% | 64,879,683 |
| FLNC | ADDED | 47,410,000 | 37,410,000 | 26.73% | 60,946,795 |
| NIO | REDUCED | 51,685,000 | 54,435,000 | -5.05% | 52,634,155 |
| EVH | ADDED | 65,387,000 | 57,517,000 | 13.68% | 50,495,855 |
| AG | UNCHANGED | 38,740,000 | 38,740,000 | 0.0% | 48,375,768 |
| VERX | NEW | 50,000,000 | - | - | 44,800,000 |
| SO | ADDED | 40,000,000 | 30,000,000 | 33.33% | 43,272,601 |
| WOLF | REDUCED | 10,335,000 | 11,354,950 | -8.98% | 40,892,163 |
| PAR | ADDED | 15,812,462 | 5,812,462 | 172.04% | 28,539,088 |
| EQX | REDUCED | 12,077,000 | 12,889,500 | -6.3% | 20,488,966 |
| SANG | ADDED | 4,386,194 | 2,820,933 | 55.49% | 16,731,401 |
| CDLX | ADDED | 53,802,000 | 47,710,000 | 12.77% | 15,523,222 |
| OPK | ADDED | 8,491,000 | 7,311,000 | 16.14% | 12,782,484 |
| MTH | UNCHANGED | 12,000,000 | 12,000,000 | 0.0% | 12,452,833 |
| PPLT | ADDED | 800,000 | 160,000 | 400.0% | 11,304,000 |
| TSAT | REDUCED | 225,153 | 371,153 | -39.34% | 11,026,219 |
| IRTC | NEW | 9,260,000 | - | - | 10,246,190 |
| TXNM | ADDED | 5,908,200 | 5,905,400 | 0.05% | 8,203,692 |
| MDA | REDUCED | 183,588 | 436,232 | -57.92% | 7,585,586 |
| BMM | ADDED | 1,176,098 | 565,298 | 108.05% | 7,463,340 |
| OMCL | NEW | 3,353,000 | - | - | 3,565,357 |
| HSLV | UNCHANGED | 587,800 | 587,800 | 0.0% | 2,760,267 |
| CART | ADDED | 56,068 | 56,015 | 0.09% | 2,654,820 |
| SARO | ADDED | 81,962 | 81,250 | 0.88% | 2,451,483 |
| KKR | REDUCED | 26,540 | 29,340 | -9.54% | 2,435,841 |
| AGRO | UNCHANGED | 250,000 | 250,000 | 0.0% | 2,387,500 |
| FLR | ADDED | 45,374 | 45,140 | 0.52% | 2,377,144 |
| DLTR | ADDED | 18,634 | 18,530 | 0.56% | 2,253,782 |
| DECK | REDUCED | 19,305 | 20,981 | -7.99% | 1,916,793 |
| ADUS | ADDED | 18,497 | 18,475 | 0.12% | 1,858,394 |
| NXE | REDUCED | 196,400 | 263,000 | -25.32% | 1,844,561 |
| CLVT | REDUCED | 830,400 | 1,113,600 | -25.43% | 1,793,664 |
| STNE | ADDED | 157,200 | 100,000 | 57.2% | 1,704,048 |
| MSFT | ADDED | 3,900 | 2,300 | 69.57% | 1,454,778 |
| AMZN | NEW | 6,100 | - | - | 1,453,874 |
| ISOU | REDUCED | 139,300 | 145,200 | -4.06% | 1,388,826 |
| EVR | ADDED | 3,916 | 3,100 | 26.32% | 1,337,079 |
| SHOP | REDUCED | 11,200 | 12,800 | -12.5% | 1,281,376 |
| CPRT | NEW | 43,900 | - | - | 1,237,541 |
| AEM | NEW | 7,302 | - | - | 1,134,545 |
| GS | NEW | 1,100 | - | - | 1,112,507 |
| CVE | UNCHANGED | 40,000 | 40,000 | 0.0% | 992,491 |
| BTE | NEW | 242,300 | - | - | 972,104 |
| CAT | UNCHANGED | 900 | 900 | 0.0% | 958,410 |
| WRN | ADDED | 401,445 | 186,145 | 115.66% | 900,120 |
| MKL | REDUCED | 421 | 517 | -18.57% | 822,217 |
| GDOT | ADDED | 59,100 | 48,100 | 22.87% | 798,441 |
| BIDU | REDUCED | 6,500 | 7,600 | -14.47% | 742,885 |
| GSAT | NEW | 8,700 | - | - | 707,223 |
| HVMC | ADDED | 63,939 | 27,000 | 136.81% | 648,981 |
| OGN | NEW | 44,900 | - | - | 607,946 |
| NATL | ADDED | 13,200 | 10,700 | 23.36% | 573,012 |
| WENN | ADDED | 55,480 | 17,600 | 215.23% | 570,889 |
| MCAH | NEW | 55,200 | - | - | 560,832 |
| SOUL | ADDED | 48,951 | 30,051 | 62.89% | 506,643 |
| WCN | UNCHANGED | 3,000 | 3,000 | 0.0% | 500,032 |
| MBVI | ADDED | 48,564 | 13,848 | 250.69% | 491,953 |
| SZZL | ADDED | 46,080 | 43,642 | 5.59% | 477,619 |
| IAG | NEW | 29,700 | - | - | 471,389 |
| WBD | REDUCED | 17,400 | 22,300 | -21.97% | 463,884 |
| WPM | REDUCED | 3,700 | 7,400 | -50.0% | 416,216 |
| AACI | ADDED | 49,200 | 16,000 | 207.5% | 415,659 |
| XENE | UNCHANGED | 6,850 | 6,850 | 0.0% | 413,466 |
| AES | ADDED | 27,800 | 16,400 | 69.51% | 407,548 |
| KVACF | NEW | 32,000 | - | - | 395,520 |
| XCBE | ADDED | 39,202 | 22,500 | 74.23% | 391,628 |
| PACH | ADDED | 38,172 | 15,200 | 151.13% | 389,736 |
| MKLY | ADDED | 38,243 | 29,800 | 28.33% | 388,166 |
| NOEM | NEW | 35,600 | - | - | 375,936 |
| PEN | UNCHANGED | 1,170 | 1,170 | 0.0% | 369,427 |
| NOW | UNCHANGED | 3,700 | 3,700 | 0.0% | 367,336 |
| SORN | ADDED | 36,600 | 6,666 | 449.05% | 363,072 |
| IHS | ADDED | 43,800 | 40,300 | 8.68% | 360,912 |
| BUR | REDUCED | 86,920 | 497,990 | -82.55% | 356,372 |
| IACO | ADDED | 43,777 | 25,000 | 75.11% | 353,879 |
| CHEC | ADDED | 38,347 | 15,000 | 155.65% | 340,030 |
| FACT | NEW | 31,900 | - | - | 339,097 |
| DTSQ | NEW | 30,103 | - | - | 338,960 |
| ADBE | UNCHANGED | 1,500 | 1,500 | 0.0% | 307,530 |
| FSEA | NEW | 17,822 | - | - | 300,479 |
| GBTG | NEW | 30,900 | - | - | 290,151 |
| CCAQ | NEW | 28,300 | - | - | 284,415 |
| TACH | REDUCED | 26,280 | 36,600 | -28.2% | 273,575 |
| DAAQ | NEW | 25,500 | - | - | 264,690 |
| SLAB | ADDED | 1,200 | 1,000 | 20.0% | 262,272 |
| NATH | REDUCED | 2,500 | 8,600 | -70.93% | 254,000 |
| ELME | NEW | 167,400 | - | - | 247,752 |
| DBRG | REDUCED | 15,700 | 29,700 | -47.14% | 247,746 |
| NSTS | NEW | 17,826 | - | - | 245,286 |
| BLZR | ADDED | 23,458 | 13,333 | 75.94% | 237,395 |
| INTU | UNCHANGED | 900 | 900 | 0.0% | 234,900 |
| VAL | NEW | 3,200 | - | - | 232,320 |
| HCMA | ADDED | 19,600 | 7,200 | 172.22% | 201,488 |
| FERA | ADDED | 18,861 | 8,200 | 130.01% | 196,532 |
| LATA | ADDED | 19,175 | 13,332 | 43.83% | 193,859 |
| IMXI | REDUCED | 12,316 | 15,100 | -18.44% | 177,966 |
| ADAC | ADDED | 16,651 | 6,666 | 149.79% | 166,843 |
| RDAG | ADDED | 18,000 | 10,600 | 69.81% | 161,125 |
| CAQ | ADDED | 19,291 | 10,000 | 92.91% | 159,866 |
| LFAC | ADDED | 14,688 | 7,500 | 95.84% | 146,807 |
| OTGA | ADDED | 13,600 | 3,750 | 262.67% | 138,176 |
| SLP | NEW | 6,700 | - | - | 122,677 |
| DUK | REDUCED | 808 | 25,000,000 | -100.0% | 102,277 |
| GLAS | NEW | 7,200 | - | - | 93,600 |
| BYND | NEW | 118,700 | - | - | 89,440 |
| MNRO | UNCHANGED | 5,000 | 5,000 | 0.0% | 85,550 |
| ONCH | ADDED | 7,000 | 6,250 | 12.0% | 71,680 |
| RGS | NEW | 2,200 | - | - | 61,600 |
| CEPV | UNCHANGED | 5,000 | 5,000 | 0.0% | 51,562 |
| PTACU | NEW | 5,000 | - | - | 49,950 |
| JBL | REDUCED | 113 | 1,207 | -90.64% | 43,559 |
| WTS | NEW | 111 | - | - | 43,451 |
| EEFT | ADDED | 571 | 440 | 29.77% | 41,791 |
| ERO | REDUCED | 1,450 | 7,870 | -81.58% | 38,787 |
| AR | ADDED | 1,037 | 700 | 48.14% | 36,440 |
| MCHP | REDUCED | 397 | 7,735 | -94.87% | 36,206 |
| UEC | UNCHANGED | 3,300 | 3,300 | 0.0% | 35,178 |
| ITRI | ADDED | 402 | 380 | 5.79% | 34,785 |
| G | ADDED | 1,196 | 930 | 28.6% | 32,890 |
| BBUC | ADDED | 979 | 925 | 5.84% | 29,223 |
| MMTX | REDUCED | 1,410 | 2,812 | -49.86% | 14,255 |
| RNA | UNCHANGED | 490 | 490 | 0.0% | 6,591 |
| EU | UNCHANGED | 1,716 | 1,716 | 0.0% | 2,238 |
| INCR | UNCHANGED | 1,977 | 1,977 | 0.0% | 2,175 |
| HBM | NEW | 8 | - | - | 189 |
| HNI | UNCHANGED | 1 | 1 | 0.0% | 40 |
| SMCI | CLOSED OUT | 0 | 6,000,000 | -100.0% | 0 |
| LSTA | CLOSED OUT | 0 | 47,500 | -100.0% | 0 |
| LNSR | CLOSED OUT | 0 | 33,381 | -100.0% | 0 |
| LPAAU | CLOSED OUT | 0 | 31,400 | -100.0% | 0 |
| SIMAU | CLOSED OUT | 0 | 20,400 | -100.0% | 0 |
| ITHA | CLOSED OUT | 0 | 15,000 | -100.0% | 0 |
| BSAA | CLOSED OUT | 0 | 11,800 | -100.0% | 0 |
| TG | CLOSED OUT | 0 | 11,200 | -100.0% | 0 |
| LWAC | CLOSED OUT | 0 | 10,196 | -100.0% | 0 |
| TONT | CLOSED OUT | 0 | 10,000 | -100.0% | 0 |
| PMTR | CLOSED OUT | 0 | 8,000 | -100.0% | 0 |
| BGSI | CLOSED OUT | 0 | 6,900 | -100.0% | 0 |
| FCRS | CLOSED OUT | 0 | 6,250 | -100.0% | 0 |
| MINE | CLOSED OUT | 0 | 5,800 | -100.0% | 0 |
| GTLB | CLOSED OUT | 0 | 3,000 | -100.0% | 0 |
| AZN | CLOSED OUT | 0 | 1,665 | -100.0% | 0 |
| TLN | CLOSED OUT | 0 | 1,500 | -100.0% | 0 |
| FROG | CLOSED OUT | 0 | 1,500 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| NOG | ADDED | NORTHERN OIL & GAS INC | NOTE 3.625% 4/1 | 665531AJ8 | 64,879,683 | 8.32 | 6.7E7 |
| FLNC | ADDED | FLUENCE ENERGY INC | NOTE 2.250% 6/1 | 34379VAB9 | 60,946,795 | 7.81 | 4.741E7 |
| AG | UNCHANGED | FIRST MAJESTIC SILVER CORP | NOTE 0.375% 1/1 | 32076VAD5 | 48,375,768 | 6.2 | 3.874E7 |
| VERX | NEW | VERTEX INC | NOTE 0.750% 5/0 | 92538JAB2 | 44,800,000 | 5.74 | 5.0E7 |
| WOLF | REDUCED | WOLFSPEED INC | NOTE 2.500% 6/1 | 977852AP7 | 40,653,808 | 5.21 | 1.033006E7 |
| SO | ADDED | SOUTHERN CO | NOTE 4.500% 6/1 | 842587DZ7 | 33,142,500 | 4.25 | 3.0E7 |
| EVH | ADDED | EVOLENT HEALTH INC | NOTE 3.500%12/0 | 30050BAH4 | 31,475,596 | 4.03 | 4.2017E7 |
| - | ALIBABA GROUP HLDG LTD | NOTE 0.500% 6/0 | 01609WBG6 | 29,535,417 | 3.79 | 2.5E7 | |
| NIO | REDUCED | NIO INC | NOTE 4.625%10/1 | 62914VAK2 | 26,915,093 | 3.45 | 2.65E7 |
| NIO | REDUCED | NIO INC | NOTE 3.875%10/1 | 62914VAJ5 | 25,719,062 | 3.3 | 2.5185E7 |
| - | PPL CAP FDG INC | NOTE 2.875% 3/1 | 69352PAS2 | 25,183,736 | 3.23 | 2.2E7 | |
| EQX | REDUCED | EQUINOX GOLD CORP | NOTE 4.750%10/1 | 29446YAC0 | 20,488,966 | 2.63 | 1.2077E7 |
| EVH | ADDED | EVOLENT HEALTH INC | DEBT 4.500% 8/1 | 30050BAJ0 | 19,020,259 | 2.44 | 2.337E7 |
| SANG | ADDED | SANGOMA TECHNOLOGIES CORP | COM NEW | 80100R408 | 16,731,401 | 2.14 | 4386194.0 |
| CDLX | ADDED | CARDLYTICS INC | NOTE 4.250% 4/0 | 14161WAD7 | 15,523,222 | 1.99 | 5.3802E7 |
| - | TEUCRIUM COMMODITY TR | WHEAT FD | 88166A870 | 15,332,880 | 1.97 | 696000.0 | |
| PAR | ADDED | PAR TECHNOLOGY CORP | NOTE 1.500%10/1 | 698884AE3 | 14,386,000 | 1.84 | 1.5E7 |
| PAR | ADDED | PAR TECHNOLOGY CORP | COM | 698884103 | 14,153,088 | 1.81 | 812462.0 |
| - | TEUCRIUM COMMODITY TR | CORN FD SHS | 88166A102 | 13,472,025 | 1.73 | 804300.0 | |
| OPK | ADDED | OPKO HEALTH INC | NOTE 3.750% 1/1 | 68375NAG8 | 12,782,484 | 1.64 | 8491000.0 |
| MTH | UNCHANGED | MERITAGE HOMES CORP | NOTE 1.750% 5/1 | 59001ABF8 | 12,452,833 | 1.6 | 1.2E7 |
| - | ESPERION THERAPEUTICS INC NE | COM | 29664W105 | 12,275,045 | 1.57 | 3884508.0 | |
| PPLT | ADDED | ABRDN PLATINUM ETF TRUST | PHYSCL PLATM SHS | 003260106 | 11,304,000 | 1.45 | 800000.0 |
| TSAT | REDUCED | TELESAT CORP | CL A & CL B SHS | 879512309 | 11,026,219 | 1.41 | 225153.0 |
| IRTC | NEW | IRHYTHM HOLDINGS INC | NOTE 1.500% 9/0 | 450056AB2 | 10,246,190 | 1.31 | 9260000.0 |
| SO | ADDED | SOUTHERN CO | NOTE 3.250% 6/1 | 842587ED5 | 10,130,101 | 1.3 | 1.0E7 |
| - | WESTERN AST INFL LKD OPP & I | COM | 95766R104 | 8,389,475 | 1.08 | 998747.0 | |
| TXNM | ADDED | TXNM ENERGY INC | NOTE 5.750% 6/0 | 69349HAF4 | 7,738,096 | 0.99 | 5900000.0 |
| MDA | REDUCED | MDA SPACE LTD | COM | 55293N109 | 7,585,586 | 0.97 | 183588.0 |
| BMM | ADDED | BLUE MOON METALS INC | COM | 09570Q509 | 7,463,340 | 0.96 | 1176098.0 |
| OMCL | NEW | OMNICELL COM | NOTE 1.000%12/0 | 68213NAF6 | 3,565,357 | 0.46 | 3353000.0 |
| - | MORGAN STANLEY EMERGING MKTS | COM | 617477104 | 2,968,224 | 0.38 | 504800.0 | |
| HSLV | UNCHANGED | HIGHLANDER SILVER CORP | COM | 43087N204 | 2,760,267 | 0.35 | 587800.0 |
| CART | ADDED | MAPLEBEAR INC | COM | 565394103 | 2,654,820 | 0.34 | 56068.0 |
| SARO | ADDED | STANDARDAERO INC | COM | 85423L103 | 2,451,483 | 0.31 | 81962.0 |
| - | TEUCRIUM COMMODITY TR | SOYBEAN FD | 88166A607 | 2,440,000 | 0.31 | 100000.0 | |
| KKR | REDUCED | KKR & CO INC | COM | 48251W104 | 2,435,841 | 0.31 | 26540.0 |
| AGRO | UNCHANGED | ADECOAGRO S A | COM | L00849106 | 2,387,500 | 0.31 | 250000.0 |
| FLR | ADDED | FLUOR CORP | COM | 343412102 | 2,377,144 | 0.3 | 45374.0 |
| - | CANADIAN PACIFIC KANSAS CITY | COM | 13646K108 | 2,340,857 | 0.3 | 27000.0 | |
| DLTR | ADDED | DOLLAR TREE INC | COM | 256746108 | 2,253,782 | 0.29 | 18634.0 |
| - | GENERAC HLDGS INC | COM | 368736104 | 2,216,572 | 0.28 | 7570.0 | |
| DECK | REDUCED | DECKERS OUTDOOR CORP | COM | 243537107 | 1,916,793 | 0.25 | 19305.0 |
| ADUS | ADDED | ADDUS HOMECARE CORP | COM | 006739106 | 1,858,394 | 0.24 | 18497.0 |
| NXE | REDUCED | NEXGEN ENERGY LTD | COM | 65340P106 | 1,844,561 | 0.24 | 196400.0 |
| CLVT | REDUCED | CLARIVATE PLC | ORD SHS | G21810109 | 1,793,664 | 0.23 | 830400.0 |
| STNE | ADDED | STONECO LTD | COM CL A | G85158106 | 1,704,048 | 0.22 | 157200.0 |
| MSFT | ADDED | MICROSOFT CORP | COM | 594918104 | 1,454,778 | 0.19 | 3900.0 |
| AMZN | NEW | AMAZON COM INC | COM | 023135106 | 1,453,874 | 0.19 | 6100.0 |
| - | INTERNATIONAL FLAVORS&FRAGRA | COM | 459506101 | 1,397,599 | 0.18 | 17642.0 | |
| ISOU | REDUCED | ISOENERGY LTD | COM NEW | 46500E867 | 1,388,826 | 0.18 | 139300.0 |
| EVR | ADDED | EVERCORE INC | CLASS A | 29977A105 | 1,337,079 | 0.17 | 3916.0 |
| SHOP | REDUCED | SHOPIFY INC | CL A SUB VTG SHS | 82509L107 | 1,281,376 | 0.16 | 11200.0 |
| - | MARAVAI LIFESCIENCES HLDGS I | COM CL A | 56600D107 | 1,279,200 | 0.16 | 205000.0 | |
| - | BROOKFIELD CORP | CL A LTD VT SH | 11271J107 | 1,250,519 | 0.16 | 29310.0 | |
| CPRT | NEW | COPART INC | COM | 217204106 | 1,237,541 | 0.16 | 43900.0 |
| - | BEL FUSE INC | CL A | 077347201 | 1,194,043 | 0.15 | 4100.0 | |
| AEM | NEW | AGNICO EAGLE MINES LTD | COM | 008474108 | 1,134,545 | 0.15 | 7302.0 |
| - | CHART INDS INC | COM | 16115Q308 | 1,128,276 | 0.14 | 5400.0 | |
| GS | NEW | GOLDMAN SACHS GROUP INC | COM | 38141G104 | 1,112,507 | 0.14 | 1100.0 |
| - | ATS CORPORATION | COM | 00217Y104 | 1,086,674 | 0.14 | 37700.0 | |
| - | BOOZ ALLEN HAMILTON HLDG COR | CL A | 099502106 | 1,073,434 | 0.14 | 17693.0 | |
| - | BROOKFIELD RENEWABLE ENERGY | PARTNERSHIP UNIT | G16258108 | 1,040,296 | 0.13 | 30000.0 | |
| CVE | UNCHANGED | CENOVUS ENERGY INC | COM | 15135U109 | 992,491 | 0.13 | 40000.0 |
| - | AMPHENOL CORP | CL A | 032095101 | 987,392 | 0.13 | 5600.0 | |
| BTE | NEW | BAYTEX ENERGY CORP | COM | 07317Q105 | 972,104 | 0.12 | 242300.0 |
| CAT | UNCHANGED | CATERPILLAR INC | COM | 149123101 | 958,410 | 0.12 | 900.0 |
| - | HEXCEL CORP NEW | COM | 428291108 | 912,647 | 0.12 | 9121.0 | |
| WRN | ADDED | WESTERN COPPER & GOLD CORP | COM | 95805V108 | 900,120 | 0.12 | 401445.0 |
| - | WESTERN ASSET INFLT LNK INC | COM SH BEN INT | 95766Q106 | 842,856 | 0.11 | 103800.0 | |
| MKL | REDUCED | MARKEL GROUP INC | COM | 570535104 | 822,217 | 0.11 | 421.0 |
| - | DRUGS MADE IN AMER ACQ II CO | USD ORD SHS | G2851K104 | 799,770 | 0.1 | 79500.0 | |
| GDOT | ADDED | GREEN DOT CORP | CL A | 39304D102 | 798,441 | 0.1 | 59100.0 |
| - | FOREFRONT TECHNOLOGY HOLDING | UNIT 04/30/2031 | G3624C122 | 765,000 | 0.1 | 75000.0 | |
| - | AMERICAS GOLD AND SILVER COR | COM NEW | 03062D803 | 757,462 | 0.1 | 160100.0 | |
| - | DANAHER CORP DEL | COM | 235851102 | 751,634 | 0.1 | 3946.0 | |
| BIDU | REDUCED | BAIDU INC | SPON ADR REP A | 056752108 | 742,885 | 0.1 | 6500.0 |
| - | JANUS HENDERSON GROUP PLC | ORD SHS | G4474Y214 | 722,105 | 0.09 | 13900.0 | |
| GSAT | NEW | GLOBALSTAR INC | COM NEW | 378973507 | 707,223 | 0.09 | 8700.0 |
| - | EQV VENTURES AC CORP. II | ORD SHS CL A | G3106Q102 | 673,692 | 0.09 | 66178.0 | |
| - | SELECT MED HLDGS CORP | COM | 81619Q105 | 670,306 | 0.09 | 40600.0 | |
| - | SPDR SERIES TRUST | ST STR SP REGBNK | 78464A698 | 662,423 | 0.08 | 8850.0 | |
| HVMC | ADDED | HIGHVIEW MERGER CORP | ORD SH CL A | G4569C101 | 648,981 | 0.08 | 63939.0 |
| - | WHITESTONE REIT | COM | 966084204 | 608,616 | 0.08 | 32100.0 | |
| OGN | NEW | ORGANON & CO | COMMON STOCK | 68622V106 | 607,946 | 0.08 | 44900.0 |
| - | CLEAR CHANNEL OUTDOOR HLDGS | COM | 18453H106 | 602,815 | 0.08 | 249097.0 | |
| - | TRUBRIDGE INC | COM | 205306103 | 581,862 | 0.07 | 22200.0 | |
| NATL | ADDED | NCR ATLEOS CORPORATION | COM SHS | 63001N106 | 573,012 | 0.07 | 13200.0 |
| WENN | ADDED | WEN ACQUISITION CORP | COM CL A | G9R39C103 | 570,889 | 0.07 | 55480.0 |
| MCAH | NEW | MOUNTAIN CREST ACQUISITION 6 | UNIT 04/03/2031 | G62980126 | 560,832 | 0.07 | 55200.0 |
| - | CATALYST PHARMACEUTICALS INC | COM | 14888U101 | 559,454 | 0.07 | 17800.0 | |
| - | KORE GROUP HLDGS INC | COM NEW | 50066V305 | 556,421 | 0.07 | 60284.0 | |
| SOUL | ADDED | SOULPOWER ACQUISITION CORP | USD CL A ORD SHS | G82745103 | 506,643 | 0.06 | 48951.0 |
| WCN | UNCHANGED | WASTE CONNECTIONS INC | COM | 94106B101 | 500,032 | 0.06 | 3000.0 |
| MBVI | ADDED | M3-BRIGADE ACQUISITION VI CO | ORD SHS CL A | G63221108 | 491,953 | 0.06 | 48564.0 |
| - | AFFINITY BANCSHARES INC | COM | 00832E103 | 484,770 | 0.06 | 21450.0 | |
| SZZL | ADDED | SIZZLE ACQUISITION CORP. II | USD CL A ORD SHS | G8193F109 | 477,619 | 0.06 | 46080.0 |
| IAG | NEW | IAMGOLD CORP | COM | 450913108 | 471,389 | 0.06 | 29700.0 |
| TXNM | ADDED | TXNM ENERGY INC | COM | 69349H107 | 465,596 | 0.06 | 8200.0 |
| WBD | REDUCED | WARNER BROS DISCOVERY INC | COM SER A | 934423104 | 463,884 | 0.06 | 17400.0 |
| WPM | REDUCED | WHEATON PRECIOUS METALS CORP | COM | 962879102 | 416,216 | 0.05 | 3700.0 |
| XENE | UNCHANGED | XENON PHARMACEUTICALS INC | COM | 98420N105 | 413,466 | 0.05 | 6850.0 |
| - | AVANOS MED INC | COM | 05350V106 | 413,008 | 0.05 | 16600.0 | |
| AES | ADDED | AES CORP | COM | 00130H105 | 407,548 | 0.05 | 27800.0 |
| - | THAYER VENTURES ACQ CORP II | CL A | G87890102 | 401,192 | 0.05 | 38800.0 | |
| KVACF | NEW | KEEN VISION ACQUISITION CORP | SHS | G52443119 | 395,520 | 0.05 | 32000.0 |
| XCBE | ADDED | X3 ACQUISITION CORP LTD | ORD SHS CL A | G9831H101 | 391,628 | 0.05 | 39202.0 |
| - | NEW PROVIDENCE ACQUISITION C | USD CL A ORD SHS | G6476A102 | 390,288 | 0.05 | 37600.0 | |
| PACH | ADDED | PIONEER ACQUISITION I CORP | CL A ORD SHS | G7117W107 | 389,736 | 0.05 | 38172.0 |
| - | LAUNCHPAD CADENZA ACQU CORP | USD CL A ORD SHS | G6001S107 | 389,350 | 0.05 | 39013.0 | |
| MKLY | ADDED | MCKINLEY ACQUISITION CORP | SHS CL A | G6005T101 | 388,166 | 0.05 | 38243.0 |
| NOEM | NEW | CO2 ENERGY TRANSITION CORP | COM | 12664M103 | 375,936 | 0.05 | 35600.0 |
| - | OPEN LENDING CORP | COM | 68373J104 | 375,377 | 0.05 | 120700.0 | |
| PEN | UNCHANGED | PENUMBRA INC | COM | 70975L107 | 369,427 | 0.05 | 1170.0 |
| NOW | UNCHANGED | SERVICENOW INC | COM | 81762P102 | 367,336 | 0.05 | 3700.0 |
| - | LIVERAMP HLDGS INC | COM | 53815P108 | 365,108 | 0.05 | 9700.0 | |
| SORN | ADDED | SOREN ACQUISITION CORP | USD CL A ORD SHS | G8274J103 | 363,072 | 0.05 | 36600.0 |
| IHS | ADDED | IHS HOLDING LIMITED | ORD SHS | G4701H109 | 360,912 | 0.05 | 43800.0 |
| - | TALKSPACE INC | COM | 87427V103 | 360,360 | 0.05 | 69300.0 | |
| - | RENATUS TACTICAL ACQUIS | SHS CL A | G7490F101 | 360,187 | 0.05 | 34369.0 | |
| BUR | REDUCED | BURFORD CAPITAL LIMITED | ORD SHS | G17977110 | 356,372 | 0.05 | 86920.0 |
| IACO | ADDED | IDEA ACQUISITION CORP | ORD SHS CL A | G4727U100 | 346,500 | 0.04 | 35000.0 |
| - | STELLAR BANCORP INC | COM | 858927106 | 346,016 | 0.04 | 8800.0 | |
| - | ARTIUS II ACQUISITION INC | SHS CL A | G0509J115 | 340,600 | 0.04 | 32500.0 | |
| FACT | NEW | FACT II ACQUISITION CORP | ORD SHS CL A | G32901103 | 339,097 | 0.04 | 31900.0 |
| DTSQ | NEW | DT CLOUD STAR ACQUISITION CO | SHS | G2853N106 | 338,960 | 0.04 | 30103.0 |
| CHEC | ADDED | CHENGHE ACQUISITION III CO | ORD SHS CL A | G2086N105 | 338,907 | 0.04 | 33357.0 |
| - | VINE HILL CAP INVTS CORP II | CL A | G9709D109 | 338,322 | 0.04 | 33900.0 | |
| AACI | ADDED | ARMADA ACQUISITION CORP III | ORD SHS CL A | G0R38M101 | 337,305 | 0.04 | 33900.0 |
| ADBE | UNCHANGED | ADOBE INC | COM | 00724F101 | 307,530 | 0.04 | 1500.0 |
| - | RANGE CAP ACQUISITION CORP I | CL A ORD SHS | G7375J103 | 306,684 | 0.04 | 30425.0 | |
| FSEA | NEW | FIRST SEACOAST BANCORP INC | COM | 33631F104 | 300,479 | 0.04 | 17822.0 |
| - | SOLARIUS CAPITAL ACQU CORP | SHS CL A | G82617104 | 295,766 | 0.04 | 28771.0 | |
| - | BRIGHTHOUSE FINL INC | COM | 10922N103 | 291,180 | 0.04 | 4600.0 | |
| GBTG | NEW | GLOBAL BUSINESS TRAVEL GROUP | COM CL A | 37890B100 | 290,151 | 0.04 | 30900.0 |
| CCAQ | NEW | COLLECTIVE ACQUISITION CORP | UNIT 04/27/2031 | G22741121 | 284,415 | 0.04 | 28300.0 |
| TACH | REDUCED | TITAN ACQUISITION CORP | CL A | G8901A103 | 273,575 | 0.04 | 26280.0 |
| - | BAIN CAP GSS INVT CORP | ORD CL A | G0R78B106 | 273,182 | 0.04 | 26600.0 | |
| - | INTEGRA RES CORP | COM | 45826T509 | 266,526 | 0.03 | 120000.0 | |
| DAAQ | NEW | DIGITAL ASSET ACQUISITION CO | SHS CL A | G2868C103 | 264,690 | 0.03 | 25500.0 |
| SLAB | ADDED | SILICON LABORATORIES INC | COM | 826919102 | 262,272 | 0.03 | 1200.0 |
| - | IRON HORSE ACQUISIT II CORP | COM | 46283H103 | 258,774 | 0.03 | 25800.0 | |
| NATH | REDUCED | NATHANS FAMOUS INC | COM | 632347100 | 254,000 | 0.03 | 2500.0 |
| ELME | NEW | ELME COMMUNITIES | SH BEN INT | 939653101 | 247,752 | 0.03 | 167400.0 |
| DBRG | REDUCED | DIGITALBRIDGE GROUP INC | CL A NEW | 25401T603 | 247,746 | 0.03 | 15700.0 |
| NSTS | NEW | NSTS BANCORP INC | COM | 6293JP109 | 245,286 | 0.03 | 17826.0 |
| - | TAYLOR MORRISON HOME CORP | COM | 87724P106 | 243,916 | 0.03 | 3400.0 | |
| - | SILA REALTY TRUST INC | COMMON STOCK | 146280508 | 239,783 | 0.03 | 7898.0 | |
| WOLF | REDUCED | WOLFSPEED INC | COMMON STOCK | 97785W106 | 238,355 | 0.03 | 4940.0 |
| BLZR | ADDED | TRAILBLAZER ACQUISITION CORP | ORD SHS CL A | G9009S103 | 237,395 | 0.03 | 23458.0 |
| INTU | UNCHANGED | INTUIT | COM | 461202103 | 234,900 | 0.03 | 900.0 |
| - | MOUNTAIN LAKE ACQUISIT CORP | USD CL A ORD SHS | G6301L109 | 232,362 | 0.03 | 23400.0 | |
| VAL | NEW | VALARIS LTD | CL A | G9460G101 | 232,320 | 0.03 | 3200.0 |
| - | CRANE HBR ACQUISITION CORP I | ORD SHS CL A | G25014104 | 232,206 | 0.03 | 22900.0 | |
| - | D. BORAL ARC ACQ I CORP. | SHS CL A | G2616F101 | 223,202 | 0.03 | 21400.0 | |
| - | RRE VENTURES ACQUISITION COR | UNIT 04/22/2031 | G770AL111 | 222,420 | 0.03 | 22000.0 | |
| - | XOMA ROYALTY CORPORATION | COM NEW | 98419J206 | 221,000 | 0.03 | 5200.0 | |
| - | MODIV INDUSTRIAL INC | COM STK CL C | 60784B101 | 214,890 | 0.03 | 12350.0 | |
| HCMA | ADDED | HCM III ACQUISITION CORP | ORD SHS CL A | G4365E103 | 201,488 | 0.03 | 19600.0 |
| - | SOCIAL COMM PARTNERS CORP | ORD SHS CL A | G8254P103 | 199,320 | 0.03 | 19952.0 | |
| FERA | ADDED | FIFTH ERA ACQUISITION CORP I | ORD SHS CL A | G3415K101 | 196,532 | 0.03 | 18861.0 |
| LATA | ADDED | GALATA ACQUISITION CORP II | ORD SHS CL A | G3R25N108 | 193,859 | 0.02 | 19175.0 |
| - | NORTHWESTERN ENERGY GROUP IN | COM NEW | 668074305 | 193,374 | 0.02 | 2700.0 | |
| IMXI | REDUCED | INTERNATIONAL MONEY EXPRESS | COM | 46005L101 | 177,966 | 0.02 | 12316.0 |
| ADAC | ADDED | AMERICAN DRIVE ACQUISITION C | USD CL A ORD SHS | G0R91M105 | 166,843 | 0.02 | 16651.0 |
| RDAG | ADDED | REPUBLIC DIGITAL ACQUISITION | USD CL A ORD SHS | G7515A103 | 159,960 | 0.02 | 15500.0 |
| LFAC | ADDED | LEAPFROG ACQUISITION CORP | CL A ORD SHS | G5414D103 | 146,807 | 0.02 | 14688.0 |
| OTGA | ADDED | OTG ACQUISITION CORP. I | ORD CL A | G6791A100 | 138,176 | 0.02 | 13600.0 |
| - | INFLECTION PT ACQUISITION CO | CL A ORD SHS | G47875102 | 134,160 | 0.02 | 13000.0 | |
| CAQ | ADDED | CAMBRIDGE ACQUISITION CORP | USD CL A ORD SHS | G1871M108 | 132,928 | 0.02 | 13400.0 |
| - | ZIM INTEGRATED SHIPPING SERV | SHS | M9T951109 | 132,600 | 0.02 | 5100.0 | |
| - | METALS RTY CO INC | COM SHS | 591322102 | 125,664 | 0.02 | 17600.0 | |
| SLP | NEW | SIMULATIONS PLUS INC | COM | 829214105 | 122,677 | 0.02 | 6700.0 |
| - | EMERALD HOLDING INC | COM | 29103W104 | 112,896 | 0.01 | 22400.0 | |
| - | CANTOR EQUITY PARTNERS IV IN | SHS CL A | G1828E100 | 107,588 | 0.01 | 10345.0 | |
| DUK | REDUCED | DUKE ENERGY CORP NEW | COM NEW | 26441C204 | 102,277 | 0.01 | 808.0 |
| - | ALDABRA 4 LQDTY OPP VEH INC | CL A ORD SHS | G01900102 | 95,424 | 0.01 | 9600.0 | |
| - | GREENFIRE RES LTD NEW | COM SHS | 39525U107 | 94,436 | 0.01 | 16700.0 | |
| GLAS | NEW | GLASS HOUSE BRANDS INC | SUB REG LTD VTG | 377130406 | 93,600 | 0.01 | 7200.0 |
| BYND | NEW | BEYOND MEAT INC | COM | 08862E109 | 89,440 | 0.01 | 118700.0 |
| MNRO | UNCHANGED | MONRO INC | COM | 610236101 | 85,550 | 0.01 | 5000.0 |
| - | ADVISORSHARES TR | PURE US CANN ETF | 00768Y453 | 82,296 | 0.01 | 16200.0 | |
| AACI | ADDED | ARMADA ACQUISITION CORP III | UNIT 02/13/2031 | G0R38M127 | 75,774 | 0.01 | 7300.0 |
| ONCH | ADDED | 1RT ACQUISITION CORP. | USD CL A ORD SHS | G6757R105 | 71,680 | 0.01 | 7000.0 |
| - | PROFOUND MED CORP | COM NEW | 74319B502 | 62,501 | 0.01 | 9400.0 | |
| RGS | NEW | REGIS CORPORATION | COM SHS | 758932206 | 61,600 | 0.01 | 2200.0 |
| - | CANTOR EQUITY PARTNERS VI IN | CL A ORD SHS | G1828R101 | 51,850 | 0.01 | 5000.0 | |
| CEPV | UNCHANGED | CANTOR EQUITY PARTNERS V INC | SHS CL A S | G1828S109 | 51,562 | 0.01 | 5000.0 |
| - | GENERAL CATALYST GBL RESIL M | UNIT 04/13/2031 | G3793T112 | 51,450 | 0.01 | 5000.0 | |
| - | CANTOR EQUITY PARTNERS VII I | CL A ORD SHS | G1828W100 | 50,450 | 0.01 | 5000.0 | |
| - | SPARTACUS ACQUISITION CORP I | CL A ORD SHS | G8303R100 | 50,000 | 0.01 | 5000.0 | |
| PTACU | NEW | PATRIOT ACQUISITION CORP | UNIT 05/11/2031 | G6951A122 | 49,950 | 0.01 | 5000.0 |
| - | RAMBUS INC DEL | COM | 750917106 | 46,459 | 0.01 | 350.0 | |
| - | MERCURY GENL CORP NEW | COM | 589400100 | 44,034 | 0.01 | 413.0 | |
| JBL | REDUCED | JABIL INC | COM | 466313103 | 43,559 | 0.01 | 113.0 |
| - | WESTERN ALLIANCE BANCORP | COM | 957638109 | 43,484 | 0.01 | 529.0 | |
| WTS | NEW | WATTS WATER TECHNOLOGIES INC | CL A | 942749102 | 43,451 | 0.01 | 111.0 |
| - | MODINE MFG CO | COM | 607828100 | 42,456 | 0.01 | 159.0 | |
| - | COPA HOLDINGS SA | CL A | P31076105 | 42,004 | 0.01 | 270.0 | |
| EEFT | ADDED | EURONET WORLDWIDE INC | COM | 298736109 | 41,791 | 0.01 | 571.0 |
| - | LAUDER ESTEE COS INC | CL A | 518439104 | 41,765 | 0.01 | 529.0 | |
| - | LSI INDS INC OHIO | COM | 50216C108 | 41,119 | 0.01 | 1547.0 | |
| - | VERISIGN INC | COM | 92343E102 | 40,250 | 0.01 | 160.0 | |
| ERO | REDUCED | ERO COPPER CORP | COM | 296006109 | 38,787 | 0.0 | 1450.0 |
| AR | ADDED | ANTERO RESOURCES CORP | COM | 03674X106 | 36,440 | 0.0 | 1037.0 |
| MCHP | REDUCED | MICROCHIP TECHNOLOGY INC. | COM | 595017104 | 36,206 | 0.0 | 397.0 |
| UEC | UNCHANGED | URANIUM ENERGY CORP | COM | 916896103 | 35,178 | 0.0 | 3300.0 |
| ITRI | ADDED | ITRON INC | COM | 465741106 | 34,785 | 0.0 | 402.0 |
| G | ADDED | GENPACT LIMITED | SHS | G3922B107 | 32,890 | 0.0 | 1196.0 |
| - | FIDELITY NATL FINL INC | COM SHS | 31620R303 | 29,664 | 0.0 | 629.0 | |
| BBUC | ADDED | BROOKFIELD BUSINESS CORP | CL A SUB VTG SH | 113006100 | 29,223 | 0.0 | 979.0 |
| - | WATERS CORP | COM | 941848103 | 28,128 | 0.0 | 75.0 | |
| CAQ | ADDED | CAMBRIDGE ACQUISITION CORP | UNIT 01/30/2031 | G1871M124 | 25,938 | 0.0 | 2558.0 |
| - | COOPER COS INC | COM | 216648501 | 22,732 | 0.0 | 317.0 | |
| MMTX | REDUCED | MILUNA ACQUISITION CORP | USD CL A ORD SHS | G6180J100 | 14,255 | 0.0 | 1410.0 |
| - | AVALANCHE TREAS CORP | SHS CL A | 05338N101 | 7,506 | 0.0 | 15000.0 | |
| RNA | UNCHANGED | ATRIUM THERAPEUTICS INC | COM | 04965N104 | 6,591 | 0.0 | 490.0 |
| IACO | ADDED | IDEA ACQUISITION CORP | UNIT 01/06/2031 | G4727U126 | 4,462 | 0.0 | 444.0 |
| - | CHURCHILL CAPITAL CORP IX | CL A SHS | G21301109 | 4,138 | 0.0 | 380.0 | |
| - | DRUGS MADE IN AMER ACQ II CO | RIGHT 09/16/2030 | G2851K112 | 3,613 | 0.0 | 49700.0 | |
| IACO | ADDED | IDEA ACQUISITION CORP | *W EXP 01/06/203 | G4727U118 | 2,917 | 0.0 | 8333.0 |
| AACI | ADDED | ARMADA ACQUISITION CORP III | *W EXP 02/13/203 | G0R38M119 | 2,580 | 0.0 | 8000.0 |
| EU | UNCHANGED | ENCORE ENERGY CORP | COM NEW | 29259W700 | 2,238 | 0.0 | 1716.0 |
| INCR | UNCHANGED | INTERCURE LTD | COM NEW | M549GJ111 | 2,175 | 0.0 | 1977.0 |
| RDAG | ADDED | REPUBLIC DIGITAL ACQUISITION | *W EXP 05/01/203 | G7515A129 | 1,165 | 0.0 | 2500.0 |
| CHEC | ADDED | CHENGHE ACQUISITION III CO | *W EXP 09/09/203 | G2086N121 | 1,123 | 0.0 | 4990.0 |
| CAQ | ADDED | CAMBRIDGE ACQUISITION CORP | *W EXP 01/30/203 | G1871M116 | 1,000 | 0.0 | 3333.0 |
| - | SPARTACUS ACQUISITION CORP I | *W EXP 01/30/203 | G8303R118 | 870 | 0.0 | 1666.0 | |
| HBM | NEW | HUDBAY MINERALS INC | COM | 443628102 | 189 | 0.0 | 8.0 |
| HNI | UNCHANGED | HNI CORP | COM | 404251100 | 40 | 0.0 | 1.0 |
| - | FULTON FINL CORP PA | COM | 360271100 | 24 | 0.0 | 1.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-17 | 780,077,010 | 231 | 8.273485 | 0.130754 | 24.739212 |
| 2026-03-31 | 2026-05-15 | 638,551,924 | 253 | 8.726868 | 0.15055 | 22.271383 |
| 2025-12-31 | 2026-02-17 | 634,670,896 | 219 | 8.420631 | 0.133733 | 15.52947 |
| 2025-09-30 | 2025-11-14 | 592,747,421 | 207 | 8.153863 | 0.122365 | 10.947532 |
| 2025-03-31 | 2025-05-15 | 514,200,025 | 142 | 7.886436 | 0.146027 | 11.454599 |
| 2024-12-31 | 2025-02-14 | 465,404,559 | 129 | 7.194613 | 0.131213 | 9.895795 |