<strong>Penderfund Capital Management Ltd.</strong> Portfolio Shifts: Significant Changes in Q2 Holdings Revealed

Insider Transactions at Penderfund Capital Management Ltd. (Q2 2026)

Pending the exact date of this report's publication, data from June 30th indicates significant shifts in holdings for Penderfund Capital Management Ltd.'s portfolio. The fund manager has made notable adjustments across its diverse investment landscape, reflecting strategic decisions based on market opportunities and risk management considerations.

Among the most prominent changes this quarter are substantial increases in certain positions:

• SANG: Penderfund significantly boosted its stake in Sangoma Technologies Corp (SANG) by acquiring an additional 1,565,261 shares. This represents a nearly 55.49% increase in the position's value and now accounts for approximately Penderfund Capital Management Ltd.'s portfolio, highlighting its confidence or strategic interest in this Technology sector company.
• PPLT: The fund also saw a massive increase in holdings of ABRDN Platinum ETF Trust (PPLT), adding 640,000 shares. This resulted in a significant portfolio weighting jump from the previous quarter and underscores a major capital inflow into this sector.
• CPRT: In its changed_holdings data, Penderfund increased their position in Copart Inc (CPRT) by acquiring an additional 43,900 shares. This suggests renewed interest or confidence in the used vehicle auction platform company within the Industrials sector.
• MSFT: The fund manager added Microsoft Corporation (MSFT), a tech giant with significant portfolio weighting increase and change percentage not specified but clearly substantial based on the 'significant_buy_symbols' list. This indicates a strategic move towards technology leadership or diversification within that sector.
• AMZN: Amazon.com Inc (AMZN) was also noted as a significant buy, though specific share changes aren't detailed in this data set for its exact impact on the portfolio allocation percentage. The fund likely increased its stake significantly during the quarter.

In contrast to these additions or increases, Penderfund Capital Management Ltd. reduced exposure in several areas:

• BUR: There was a significant reduction in holdings of Burford Capital Limited (BUR), with the position decreasing by approximately 82.55% based on share count changes. This suggests divestment or substantial selling activity.
• WPM: Although not detailed here, WPM is listed among significant sellers according to the data provided. Penderfund likely decreased their position in Western Asset Emerging Opportunity Fund (WPM) significantly during this period.
• NATH: National Health Investors Inc (NATH), another stock noted for being sold by the fund, saw a reduction in holdings based on the change indicators provided. The extent of the sale isn't specified but is marked as significant.
• MSOS: Morgan Stanley Select Sector SPDR Fund - Consumer Staples (MSOS) was also divested significantly according to the data, indicating a shift away from this specific sector or stock.

The overall portfolio structure shows Penderfund's Technology holdings saw notable increases with Sangoma Technologies Corp (SANG) and ABRDN Platinum ETF Trust (PPLT) leading the gains. The fund also added major names like Microsoft (MSFT) and Amazon (AMZN), though specific figures for these additions are not provided in this dataset.

These changes reflect the dynamic nature of Penderfund's investment strategy, balancing growth opportunities in sectors like Technology and Energy ETFs with strategic exits from others such as certain consumer staples. For more detailed information on these holdings or the fund itself, please visit Penderfund Capital Management Ltd. and explore individual stock profiles like Sangoma Technologies Corp (SANG), ABRDN Platinum ETF Trust, and others mentioned.