Penderfund Capital Management Ltd. - Q42025 Holdings

Penderfund Capital Management Ltd. holds 219 stocks with a total portfolio value of $ 634.67M as of Q42025. In Q42025, Penderfund Capital Management Ltd. added 97 new positions, increased stakes in 47 stocks, reduced 22 holdings, and fully exited 85 positions. The largest holding is First Majestic Silver Corp, representing 8.60% of the total portfolio.