# EDGAR Filing Document

**Accession Number:** 0001706164
**File Stem:** 0001706164-26-000003
**Filing Date:** 2026-5
**Character Count:** 29919
**Document Hash:** c298f824fe204f41a3f41fc5dc4eacbc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001706164-26-000003.hdr.sgml**: 20260515

**ACCESSION NUMBER**: 0001706164-26-000003

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260515

**DATE AS OF CHANGE**: 20260515

**EFFECTIVENESS DATE**: 20260515

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PenderFund Capital Management Ltd.
- **CENTRAL INDEX KEY:** 0001706164

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** A1
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-18272
- **FILM NUMBER:** 26985845

**BUSINESS ADDRESS:**
- **STREET 1:** SUITE 1830, 1066 W. HASTINGS STREET
- **CITY:** VANCOUVER
- **STATE:** A1
- **ZIP:** V6E 3X2
- **BUSINESS PHONE:** 6046881511

**MAIL ADDRESS:**
- **STREET 1:** SUITE 1830, 1066 W. HASTINGS STREET
- **CITY:** VANCOUVER
- **STATE:** A1
- **ZIP:** V6E 3X2

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 03-31-2026

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** PenderFund Capital Management Ltd.<br>**Address:** SUITE 1830 1066 W. HASTINGS STREET<br>VANCOUVER, A1 V6E 3X2

**Form 13F File Number:** 028-18272

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Amanda Patterson<br>**Title:** CFO CCO<br>**Phone:** 6046881511

**Signature, Place, and Date of Signing:**

Amanda Patterson  Vancouver, A1  05-15-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 253

**Form 13F Information Table Value Total:** $638551924

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| 1RT ACQUISITION CORP. | USD CL A ORD SHS | G6757R105 |  | 50700 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| 1RT ACQUISITION CORP. | *W EXP 06/26/203 | G6757R113 |  | 556 | 1250 | SH |  | SOLE |  | 1250 | 0 | 0 |
| ACTIVATE ENERGY ACQUISIT COR | CL A ORD SHS | G0081J103 |  | 49450 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| ACTIVATE ENERGY ACQUISIT COR | *W EXP 11/10/203 | G0081J111 |  | 762 | 2500 | SH |  | SOLE |  | 2500 | 0 | 0 |
| ALDABRA 4 LQDTY OPP VEH INC | CL A ORD SHS | G01900102 |  | 49450 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| ALDABRA 4 LQDTY OPP VEH INC | *W EXP 12/23/203 | G01900110 |  | 501 | 1666 | SH |  | SOLE |  | 1666 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | NOTE  0.500% 6/0 | 01609WBG6 |  | 6952083 | 5000000 | PRN |  | SOLE |  | 5000000 | 0 | 0 |
| AMC NETWORKS INC | NOTE  4.250% 2/1 | 00164VAJ2 |  | 449237 | 501000 | PRN |  | SOLE |  | 501000 | 0 | 0 |
| AMERICAN DRIVE ACQUISITION C | USD CL A ORD SHS | G0R91M105 |  | 49500 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| AMERICAN DRIVE ACQUISITION C | *W EXP 02/06/203 | G0R91M113 |  | 500 | 1666 | SH |  | SOLE |  | 1666 | 0 | 0 |
| ARMADA ACQUISITION CORP III | UNIT 02/13/2031 | G0R38M127 |  | 159840 | 16000 | SH |  | SOLE |  | 16000 | 0 | 0 |
| BAIN CAP GSS INVT CORP | ORD CL A | G0R78B106 |  | 101118 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| BAIN CAP GSS INVT CORP | *W EXP 01/01/202 | G0R78B114 |  | 1240 | 2000 | SH |  | SOLE |  | 2000 | 0 | 0 |
| BEL FUSE INC | CL A | 077347201 |  | 486540 | 2700 | SH |  | SOLE |  | 2700 | 0 | 0 |
| BEST SPAC I ACQUISITION CORP | USD CL A ORD SHS | G1069P103 |  | 120832 | 11800 | SH |  | SOLE |  | 11800 | 0 | 0 |
| BLUE MOON METALS INC | COM | 09570Q509 |  | 3661372 | 565298 | SH |  | SOLE |  | 565298 | 0 | 0 |
| BLUE WTR ACQUISITION CORP. I | ORD SHS CL A | G1368E106 |  | 231525 | 22500 | SH |  | SOLE |  | 22500 | 0 | 0 |
| BOYD GROUP SERVICES INC | COM | 103310108 |  | 880865 | 6900 | SH |  | SOLE |  | 6900 | 0 | 0 |
| CAMBRIDGE ACQUISITION CORP | UNIT 01/30/2031 | G1871M124 |  | 99600 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| CANTOR EQUITY PARTNERS III I | SHS CL A | G1828A108 |  | 74232 | 7200 | SH |  | SOLE |  | 7200 | 0 | 0 |
| CANTOR EQUITY PARTNERS IV IN | SHS CL A | G1828E100 |  | 101900 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| CANTOR EQUITY PARTNERS V INC | SHS CL A S | G1828S109 |  | 50500 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| CANTOR EQUITY PARTNERS VI IN | CL A ORD SHS | G1828R101 |  | 50600 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| CARDLYTICS INC | NOTE  4.250% 4/0 | 14161WAD7 |  | 13524056 | 47710000 | PRN |  | SOLE |  | 47710000 | 0 | 0 |
| CARTESIAN GROWTH CORP III | COM CL A | G19307100 |  | 232675 | 22700 | SH |  | SOLE |  | 22700 | 0 | 0 |
| CARTESIAN GROWTH CORP III | *W EXP 05/02/203 | G19307126 |  | 6538 | 9143 | SH |  | SOLE |  | 9143 | 0 | 0 |
| CHENGHE ACQUISITION III CO | ORD SHS CL A | G2086N105 |  | 100850 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| CHENGHE ACQUISITION III CO | *W EXP 09/09/203 | G2086N121 |  | 938 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| CHURCHILL CAP CORP XI | CL A ORD SHS | G2131A108 |  | 25425 | 2500 | SH |  | SOLE |  | 2500 | 0 | 0 |
| CHURCHILL CAP CORP XI | *W EXP 12/10/203 | G2131A116 |  | 181 | 250 | SH |  | SOLE |  | 250 | 0 | 0 |
| CRANE HBR ACQUISITION CORP I | ORD SHS CL A | G25014104 |  | 49500 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| CRANE HBR ACQUISITION CORP I | RIGHT 12/09/2030 | G25014112 |  | 919 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| D. BORAL ARC ACQ I CORP. | SHS CL A | G2616F101 |  | 297528 | 29400 | SH |  | SOLE |  | 29400 | 0 | 0 |
| DIAMOND HILL INVT GROUP INC | COM NEW | 25264R207 |  | 293603 | 1706 | SH |  | SOLE |  | 1706 | 0 | 0 |
| DRUGS MADE IN AMER ACQ II CO | USD ORD SHS | G2851K104 |  | 496006 | 49700 | SH |  | SOLE |  | 49700 | 0 | 0 |
| DRUGS MADE IN AMER ACQ II CO | RIGHT 09/16/2030 | G2851K112 |  | 3976 | 49700 | SH |  | SOLE |  | 49700 | 0 | 0 |
| DUKE ENERGY CORP NEW | NOTE  4.125% 4/1 | 26441CBY0 |  | 28063021 | 25000000 | PRN |  | SOLE |  | 25000000 | 0 | 0 |
| EQUINOX GOLD CORP | NOTE  4.750%10/1 | 29446YAC0 | BBG01JFWFWQ5 | 29436513 | 12077000 | PRN |  | SOLE |  | 12077000 | 0 | 0 |
| EQV VENTURES AC CORP. II | ORD SHS CL A | G3106Q102 |  | 204282 | 20246 | SH |  | SOLE |  | 20246 | 0 | 0 |
| EVOLENT HEALTH INC | NOTE  3.500%12/0 | 30050BAH4 |  | 22837990 | 42017000 | PRN |  | SOLE |  | 42017000 | 0 | 0 |
| EVOLENT HEALTH INC | DEBT  4.500% 8/1 | 30050BAJ0 |  | 7868187 | 15500000 | PRN |  | SOLE |  | 15500000 | 0 | 0 |
| FIFTH ERA ACQUISITION CORP I | ORD SHS CL A | G3415K101 |  | 84624 | 8200 | SH |  | SOLE |  | 8200 | 0 | 0 |
| FIGX CAP ACQUISITION CORP. | USD CL A ORD SHS | G3473K100 |  | 91170 | 9000 | SH |  | SOLE |  | 9000 | 0 | 0 |
| FIRST MAJESTIC SILVER CORP | NOTE  0.375% 1/1 | 32076VAD5 |  | 54440999 | 38740000 | PRN |  | SOLE |  | 38740000 | 0 | 0 |
| FLUENCE ENERGY INC | NOTE  2.250% 6/1 | 34379VAB9 |  | 37994531 | 37410000 | PRN |  | SOLE |  | 37410000 | 0 | 0 |
| FONAR CORP | COM NEW | 344437405 |  | 321088 | 17300 | SH |  | SOLE |  | 17300 | 0 | 0 |
| FUTURECREST ACQUISITION CORP | CL A ORD SHS | G3730U107 |  | 50300 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| FUTURECREST ACQUISITION CORP | *W EXP 09/30/203 | G3730U115 |  | 738 | 1250 | SH |  | SOLE |  | 1250 | 0 | 0 |
| GALATA ACQUISITION CORP II | ORD SHS CL A | G3R25N108 |  | 99900 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| GALATA ACQUISITION CORP II | *W EXP 09/12/203 | G3R25N116 |  | 1000 | 3332 | SH |  | SOLE |  | 3332 | 0 | 0 |
| GRAF GLOBAL CORP | ORD SHS CL A | G4036C106 | BBG00ZGXPMQ8 | 107100 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| HCM III ACQUISITION CORP | ORD SHS CL A | G4365E103 |  | 72720 | 7200 | SH |  | SOLE |  | 7200 | 0 | 0 |
| HIGHLANDER SILVER CORP | COM | 43087N204 |  | 3435277 | 587800 | SH |  | SOLE |  | 587800 | 0 | 0 |
| HIGHVIEW MERGER CORP | ORD SH CL A | G4569C101 |  | 180900 | 18000 | SH |  | SOLE |  | 18000 | 0 | 0 |
| HIGHVIEW MERGER CORP | *W EXP 07/24/203 | G4569C119 |  | 2613 | 9000 | SH |  | SOLE |  | 9000 | 0 | 0 |
| IDEA ACQUISITION CORP | UNIT 01/06/2031 | G4727U126 |  | 247750 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| INFLECTION PT ACQUISITION CO | CL A ORD SHS | G47875102 |  | 51050 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| INTEGRA RES CORP | COM | 45826T509 |  | 324348 | 120000 | SH |  | SOLE |  | 120000 | 0 | 0 |
| IRON HORSE ACQUISIT II CORP | COM | 46283H103 |  | 49350 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| IRON HORSE ACQUISIT II CORP | RIGHT 07/11/2030 | 46283H129 |  | 675 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| ITHAX ACQUISITION CORP III | USD CL A ORD SHS | G4977S102 |  | 99000 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| ITHAX ACQUISITION CORP III | *W EXP 11/17/203 | G4977S110 |  | 1058 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| KORE GROUP HLDGS INC | COM NEW | 50066V305 |  | 470700 | 52184 | SH |  | SOLE |  | 52184 | 0 | 0 |
| LANVIN GROUP HOLDINGS LIMITE | *W EXP 01/14/202 | G5380J118 |  | 28 | 2500 | SH |  | SOLE |  | 2500 | 0 | 0 |
| LAUNCH ONE ACQUISITION CORP | SHS CLASS A | G5S86M100 |  | 336294 | 31400 | SH |  | SOLE |  | 31400 | 0 | 0 |
| LAUNCHPAD CADENZA ACQU CORP | USD CL A ORD SHS | G6001S107 |  | 49500 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| LAUNCHPAD CADENZA ACQU CORP | *W EXP 12/15/203 | G6001S115 |  | 375 | 1666 | SH |  | SOLE |  | 1666 | 0 | 0 |
| LEAPFROG ACQUISITION CORP | CL A ORD SHS | G5414D103 |  | 49625 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| LEAPFROG ACQUISITION CORP | *W EXP 11/10/203 | G5414D111 |  | 638 | 2500 | SH |  | SOLE |  | 2500 | 0 | 0 |
| LIGHTWAVE ACQUISITION CORP | USD CL A ORD SHS | G5490M100 |  | 103336 | 10196 | SH |  | SOLE |  | 10196 | 0 | 0 |
| LINKBANCORP INC | COM | 53578P105 |  | 43160 | 5175 | SH |  | SOLE |  | 5175 | 0 | 0 |
| LISATA THERAPEUTICS INC | COM | 128058302 |  | 237975 | 47500 | SH |  | SOLE |  | 47500 | 0 | 0 |
| M3-BRIGADE ACQUISITION VI CO | ORD SHS CL A | G63221108 |  | 104441 | 10387 | SH |  | SOLE |  | 10387 | 0 | 0 |
| M3-BRIGADE ACQUISITION VI CO | *W EXP 08/18/203 | G63221116 |  | 1194 | 3461 | SH |  | SOLE |  | 3461 | 0 | 0 |
| MAYFAIR GOLD CORP | COM NEW | 57808L305 |  | 17928 | 5800 | SH |  | SOLE |  | 5800 | 0 | 0 |
| MCKINLEY ACQUISITION CORP | SHS CL A | G6005T101 |  | 149894 | 14900 | SH |  | SOLE |  | 14900 | 0 | 0 |
| MCKINLEY ACQUISITION CORP | RIGHT 07/25/2030 | G6005T119 |  | 1640 | 14900 | SH |  | SOLE |  | 14900 | 0 | 0 |
| MERITAGE HOMES CORP | NOTE  1.750% 5/1 | 59001ABF8 |  | 11695333 | 12000000 | PRN |  | SOLE |  | 12000000 | 0 | 0 |
| MILUNA ACQUISITION CORP | USD CL A ORD SHS | G6180J100 |  | 14074 | 1406 | SH |  | SOLE |  | 1406 | 0 | 0 |
| MILUNA ACQUISITION CORP | *W EXP 09/29/203 | G6180J118 |  | 176 | 1406 | SH |  | SOLE |  | 1406 | 0 | 0 |
| MORGAN STANLEY EMERGING MKTS | COM | 617477104 |  | 2028000 | 400000 | SH |  | SOLE |  | 400000 | 0 | 0 |
| MOUNTAIN LAKE ACQUISIT CORP | USD CL A ORD SHS | G6301L109 |  | 49250 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| MOUNTAIN LAKE ACQUISIT CORP | *W EXP 01/21/203 | G6301L117 |  | 325 | 2500 | SH |  | SOLE |  | 2500 | 0 | 0 |
| NATHANS FAMOUS INC | COM | 632347100 |  | 866278 | 8600 | SH |  | SOLE |  | 8600 | 0 | 0 |
| NEW PROVIDENCE ACQUISITION C | USD CL A ORD SHS | G6476A102 |  | 130302 | 12700 | SH |  | SOLE |  | 12700 | 0 | 0 |
| NIO INC | NOTE  3.875%10/1 | 62914VAJ5 |  | 26209855 | 25185000 | PRN |  | SOLE |  | 25185000 | 0 | 0 |
| NIO INC | NOTE  4.625%10/1 | 62914VAK2 |  | 29690984 | 29250000 | PRN |  | SOLE |  | 29250000 | 0 | 0 |
| NORTHERN OIL  GAS INC | NOTE  3.625% 4/1 | 665531AJ8 |  | 49713609 | 44500000 | PRN |  | SOLE |  | 44500000 | 0 | 0 |
| OPKO HEALTH INC | NOTE  3.750% 1/1 | 68375NAG8 |  | 9152763 | 7311000 | PRN |  | SOLE |  | 7311000 | 0 | 0 |
| OTG ACQUISITION CORP. I | ORD CL A | G6791A100 |  | 25150 | 2500 | SH |  | SOLE |  | 2500 | 0 | 0 |
| OTG ACQUISITION CORP. I | *W EXP 09/05/203 | G6791A118 |  | 344 | 1250 | SH |  | SOLE |  | 1250 | 0 | 0 |
| OXLEY BRIDGE ACQ LTD | USD CL A ORD SHS | G6858G107 |  | 92183 | 9100 | SH |  | SOLE |  | 9100 | 0 | 0 |
| PAR TECHNOLOGY CORP | NOTE  1.500%10/1 | 698884AE3 |  | 4673583 | 5000000 | PRN |  | SOLE |  | 5000000 | 0 | 0 |
| PERIMETER ACQUISITION CORP I | COM CL A | G7010A129 |  | 82000 | 8000 | SH |  | SOLE |  | 8000 | 0 | 0 |
| PIONEER ACQUISITION I CORP | CL A ORD SHS | G7117W107 |  | 154432 | 15200 | SH |  | SOLE |  | 15200 | 0 | 0 |
| PPL CAP FDG INC | NOTE  2.875% 3/1 | 69352PAS2 |  | 25828611 | 22000000 | PRN |  | SOLE |  | 22000000 | 0 | 0 |
| RANGE CAP ACQUISITION CORP I | CL A ORD SHS | G7375J103 |  | 173200 | 17320 | SH |  | SOLE |  | 17320 | 0 | 0 |
| RANGE CAP ACQUISITION CORP I | *W EXP 09/29/203 | G7375J111 |  | 2858 | 8660 | SH |  | SOLE |  | 8660 | 0 | 0 |
| RENATUS TACTICAL ACQUIS | SHS CL A | G7490F101 |  | 231300 | 22500 | SH |  | SOLE |  | 22500 | 0 | 0 |
| REPUBLIC DIGITAL ACQUISITION | USD CL A ORD SHS | G7515A103 |  | 108332 | 10600 | SH |  | SOLE |  | 10600 | 0 | 0 |
| SANGOMA TECHNOLOGIES CORP | COM NEW | 80100R408 |  | 11112582 | 2820933 | SH |  | SOLE |  | 2820933 | 0 | 0 |
| SIM ACQUISITION CORP. I | SHS CL A | G8431T101 | BBG01NC8G1L4 | 218892 | 20400 | SH |  | SOLE |  | 20400 | 0 | 0 |
| SIZZLE ACQUISITION CORP. II | USD CL A ORD SHS | G8193F109 |  | 447767 | 43642 | SH |  | SOLE |  | 43642 | 0 | 0 |
| SOCIAL COMM PARTNERS CORP | ORD SHS CL A | G8254P103 |  | 49500 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| SOCIAL COMM PARTNERS CORP | *W EXP 02/13/203 | G8254P111 |  | 775 | 2500 | SH |  | SOLE |  | 2500 | 0 | 0 |
| SOLARIUS CAPITAL ACQU CORP | SHS CL A | G82617104 |  | 258572 | 25400 | SH |  | SOLE |  | 25400 | 0 | 0 |
| SOREN ACQUISITION CORP | USD CL A ORD SHS | G8274J103 |  | 49350 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| SOREN ACQUISITION CORP | *W EXP 12/19/203 | G8274J111 |  | 533 | 1666 | SH |  | SOLE |  | 1666 | 0 | 0 |
| SOULPOWER ACQUISITION CORP | USD CL A ORD SHS | G82745103 |  | 308023 | 30051 | SH |  | SOLE |  | 30051 | 0 | 0 |
| SOUTHERN CO | NOTE  4.500% 6/1 | 842587DZ7 |  | 33758784 | 30000000 | PRN |  | SOLE |  | 30000000 | 0 | 0 |
| SPARTACUS ACQUISITION CORP I | UNIT 01/30/2031 | G8303R126 |  | 50175 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| SUPER MICRO COMPUTER INC | NOTE  2.250% 7/1 | 86800UAD6 |  | 5258385 | 6000000 | PRN |  | SOLE |  | 6000000 | 0 | 0 |
| THAYER VENTURES ACQ CORP II | CL A | G87890102 |  | 368280 | 36000 | SH |  | SOLE |  | 36000 | 0 | 0 |
| TITAN ACQUISITION CORP | CL A | G8901A103 |  | 378078 | 36600 | SH |  | SOLE |  | 36600 | 0 | 0 |
| TRAILBLAZER ACQUISITION CORP | ORD SHS CL A | G9009S103 |  | 100500 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| TRAILBLAZER ACQUISITION CORP | *W EXP 09/30/203 | G9009S111 |  | 1321 | 3333 | SH |  | SOLE |  | 3333 | 0 | 0 |
| TXNM ENERGY INC | NOTE  5.750% 6/0 | 69349HAF4 |  | 7978521 | 5900000 | PRN |  | SOLE |  | 5900000 | 0 | 0 |
| VINE HILL CAP INVT CORP. | ORD SHS CL A | G93Y09107 | BBG01NWVP4Y1 | 275000 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| VINE HILL CAP INVTS CORP II | CL A | G9709D109 |  | 247500 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| VINE HILL CAP INVTS CORP II | *W EXP 11/25/203 | G9709D117 |  | 3042 | 8332 | SH |  | SOLE |  | 8332 | 0 | 0 |
| VOYAGER ACQUISITION CORP | CL A | G93A7H104 | BBG01NCL6NC8 | 98671 | 7900 | SH |  | SOLE |  | 7900 | 0 | 0 |
| WEN ACQUISITION CORP | COM CL A | G9R39C103 |  | 179168 | 17600 | SH |  | SOLE |  | 17600 | 0 | 0 |
| WESTERN ASSET INFLT LNK INC | COM SH BEN INT | 95766Q106 |  | 835590 | 103800 | SH |  | SOLE |  | 103800 | 0 | 0 |
| WESTERN AST INFL LKD OPP  I | COM | 95766R104 |  | 8656247 | 1023197 | SH |  | SOLE |  | 1023197 | 0 | 0 |
| WESTERN COPPER  GOLD CORP | COM | 95805V108 |  | 472354 | 186145 | SH |  | SOLE |  | 186145 | 0 | 0 |
| WOLFSPEED INC | NOTE  2.500% 6/1 | 977852AP7 | BBG01XNF8YZ6 | 16299550 | 11330060 | PRN |  | SOLE |  | 11330060 | 0 | 0 |
| X3 ACQUISITION CORP LTD | ORD SHS CL A | G9831H101 |  | 147600 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| X3 ACQUISITION CORP LTD | *W EXP 12/19/203 | G9831H119 |  | 1875 | 7500 | SH |  | SOLE |  | 7500 | 0 | 0 |
| ABRDN PLATINUM ETF TRUST | PHYSCL PLATM SHS | 003260106 |  | 28516800 | 160000 | SH |  | SOLE |  | 160000 | 0 | 0 |
| ADDUS HOMECARE CORP | COM | 006739106 |  | 1730184 | 18475 | SH |  | SOLE |  | 18475 | 0 | 0 |
| ADECOAGRO S A | COM | L00849106 |  | 3755000 | 250000 | SH |  | SOLE |  | 250000 | 0 | 0 |
| ADOBE INC | COM | 00724F101 |  | 364620 | 1500 | SH |  | SOLE |  | 1500 | 0 | 0 |
| ADVISORSHARES TR | PURE US CANNABIS | 00768Y453 |  | 143775 | 40500 | SH |  | SOLE |  | 40500 | 0 | 0 |
| AES CORP | COM | 00130H105 |  | 231076 | 16400 | SH |  | SOLE |  | 16400 | 0 | 0 |
| AIR LEASE CORP | CL A | 00912X302 |  | 553678 | 8526 | SH |  | SOLE |  | 8526 | 0 | 0 |
| AMERICAS GOLD AND SILVER COR | COM NEW | 03062D803 |  | 139344 | 26700 | SH |  | SOLE |  | 26700 | 0 | 0 |
| AMICUS THERAPEUTIC | COM | 03152W109 |  | 594306 | 41100 | SH |  | SOLE |  | 41100 | 0 | 0 |
| AMPHENOL CORP | CL A | 032095101 |  | 707560 | 5600 | SH |  | SOLE |  | 5600 | 0 | 0 |
| AMPLIFY ETF TR | ALTRNTV HARV ETF | 032108474 |  | 82872 | 3600 | SH |  | SOLE |  | 3600 | 0 | 0 |
| ANTERO RESOURCES CORP | COM | 03674X106 | BBG000PW5VX1 | 29708 | 700 | SH |  | SOLE |  | 700 | 0 | 0 |
| ARCELLX INC | COMMON STOCK | 03940C100 |  | 332978 | 2900 | SH |  | SOLE |  | 2900 | 0 | 0 |
| ARM HOLDINGS PLC | SPONSORED ADS | 042068205 |  | 423584 | 2800 | SH |  | SOLE |  | 2800 | 0 | 0 |
| ASTRAZENECA PLC | ORD | G0593M107 |  | 322539 | 1665 | SH |  | SOLE |  | 1665 | 0 | 0 |
| ATRIUM THERAPEUTICS INC | COM | 04965N104 | BBG01Z0T3959 | 6551 | 490 | SH |  | SOLE |  | 490 | 0 | 0 |
| ATS CORPORATION | COM | 00217Y104 |  | 563727 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| BAIDU INC | SPON ADR REP A | 056752108 |  | 846792 | 7600 | SH |  | SOLE |  | 7600 | 0 | 0 |
| BLUE FOUNDRY BANCORP | COM | 09549B104 |  | 341539 | 25796 | SH |  | SOLE |  | 25796 | 0 | 0 |
| BOOZ ALLEN HAMILTON HLDG COR | CL A | 099502106 |  | 1374889 | 17620 | SH |  | SOLE |  | 17620 | 0 | 0 |
| BRIGHTHOUSE FINL INC | COM | 10922N103 |  | 185628 | 3100 | SH |  | SOLE |  | 3100 | 0 | 0 |
| BROOKFIELD BUSINESS CORP | CL A SUB VTG SH | 113006100 |  | 29267 | 925 | SH |  | SOLE |  | 925 | 0 | 0 |
| BROOKFIELD CORP | CL A LTD VT SH | 11271J107 |  | 1442984 | 35610 | SH |  | SOLE |  | 35610 | 0 | 0 |
| BROOKFIELD RENEWABLE ENERGY | PARTNERSHIP UNIT | G16258108 |  | 978650 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| BURFORD CAPITAL LIMITED | ORD SHS | G17977110 |  | 2250915 | 497990 | SH |  | SOLE |  | 497990 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 637614 | 900 | SH |  | SOLE |  | 900 | 0 | 0 |
| CENOVUS ENERGY INC | COM | 15135U109 |  | 1061606 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| CHART INDS INC | COM | 16115Q308 |  | 640925 | 3100 | SH |  | SOLE |  | 3100 | 0 | 0 |
| CLARIVATE PLC | ORD SHS | G21810109 | BBG00P1919G5 | 2817408 | 1113600 | SH |  | SOLE |  | 1113600 | 0 | 0 |
| CLEAR CHANNEL OUTDOOR HLDGS | COM | 18453H106 |  | 361899 | 152700 | SH |  | SOLE |  | 152700 | 0 | 0 |
| CLEARWATER ANALYTICS HLDGS I | CL A | 185123106 |  | 302720 | 12800 | SH |  | SOLE |  | 12800 | 0 | 0 |
| COOPER COS INC | COM | 216648501 |  | 21450 | 300 | SH |  | SOLE |  | 300 | 0 | 0 |
| COPA HOLDINGS SA | CL A | P31076105 | BBG000C29813 | 238581 | 2100 | SH |  | SOLE |  | 2100 | 0 | 0 |
| CSG SYS INTL INC | COM | 126349109 |  | 319760 | 4000 | SH |  | SOLE |  | 4000 | 0 | 0 |
| DANAHER CORP DEL | COM | 235851102 |  | 891120 | 4700 | SH |  | SOLE |  | 4700 | 0 | 0 |
| DAY ONE BIOPHARMACEUTICALS I | COM | 23954D109 |  | 574592 | 26800 | SH |  | SOLE |  | 26800 | 0 | 0 |
| DECKERS OUTDOOR CORP | COM | 243537107 |  | 2099988 | 20981 | SH |  | SOLE |  | 20981 | 0 | 0 |
| DIGITALBRIDGE GROUP INC | CL A NEW | 25401T603 | BBG00D30HGP6 | 457974 | 29700 | SH |  | SOLE |  | 29700 | 0 | 0 |
| DOLLAR TREE INC | COM | 256746108 |  | 2029220 | 18530 | SH |  | SOLE |  | 18530 | 0 | 0 |
| ENCORE ENERGY CORP | COM NEW | 29259W700 |  | 3109 | 1716 | SH |  | SOLE |  | 1716 | 0 | 0 |
| ENHABIT INC | COM | 29332G102 |  | 222622 | 15800 | SH |  | SOLE |  | 15800 | 0 | 0 |
| EQUINOX GOLD CORP | COM | 29446Y502 |  | 11733969 | 812500 | SH |  | SOLE |  | 812500 | 0 | 0 |
| ERO COPPER CORP | COM | 296006109 | BBG00J09YMM8 | 209893 | 7870 | SH |  | SOLE |  | 7870 | 0 | 0 |
| ESPERION THERAPEUTICS INC NE | COM | 29664W105 |  | 10663877 | 3891926 | SH |  | SOLE |  | 3891926 | 0 | 0 |
| EURONET WORLDWIDE INC | COM | 298736109 |  | 29203 | 440 | SH |  | SOLE |  | 440 | 0 | 0 |
| EUROPEAN WAX CTR INC | CLASS A COM | 29882P106 |  | 1734 | 300 | SH |  | SOLE |  | 300 | 0 | 0 |
| EVERCORE INC | CLASS A | 29977A105 |  | 925381 | 3100 | SH |  | SOLE |  | 3100 | 0 | 0 |
| FACTSET RESH SYS INC | COM | 303075105 |  | 15189 | 70 | SH |  | SOLE |  | 70 | 0 | 0 |
| FIDELITY NATL FINL INC | COM SHS | 31620R303 | BBG006N7S6K9 | 124948 | 2694 | SH |  | SOLE |  | 2694 | 0 | 0 |
| FLUOR CORP | COM | 343412102 |  | 2105781 | 45140 | SH |  | SOLE |  | 45140 | 0 | 0 |
| GENERAC HLDGS INC | COM | 368736104 |  | 2119330 | 10850 | SH |  | SOLE |  | 10850 | 0 | 0 |
| GENPACT LIMITED | SHS | G3922B107 | BBG000RQBFV2 | 34643 | 930 | SH |  | SOLE |  | 930 | 0 | 0 |
| GITLAB INC | CLASS A COM | 37637K108 |  | 64920 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| GOLDEN ENTMT INC | COM | 381013101 |  | 396480 | 14855 | SH |  | SOLE |  | 14855 | 0 | 0 |
| GREAT LAKES DREDGE  DOCK CO | COM | 390607109 |  | 394400 | 23200 | SH |  | SOLE |  | 23200 | 0 | 0 |
| GREEN DOT CORP | CL A | 39304D102 |  | 539682 | 48100 | SH |  | SOLE |  | 48100 | 0 | 0 |
| HEXCEL CORP NEW | COM | 428291108 | BBG000BLMDQ9 | 1043835 | 12898 | SH |  | SOLE |  | 12898 | 0 | 0 |
| HNI CORP | COM | 404251100 |  | 33 | 1 | SH |  | SOLE |  | 1 | 0 | 0 |
| HOLOGIC INC | COM | 436440101 |  | 604720 | 8000 | SH |  | SOLE |  | 8000 | 0 | 0 |
| IHS HOLDING LIMITED | ORD SHS | G4701H109 |  | 331669 | 40300 | SH |  | SOLE |  | 40300 | 0 | 0 |
| INTERCURE LTD | COM NEW | M549GJ111 |  | 1485 | 1977 | SH |  | SOLE |  | 1977 | 0 | 0 |
| INTERNATIONAL FLAVORS | COM | 459506101 |  | 1277751 | 17612 | SH |  | SOLE |  | 17612 | 0 | 0 |
| INTERNATIONAL MONEY EXPRESS | COM | 46005L101 |  | 238580 | 15100 | SH |  | SOLE |  | 15100 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 389142 | 900 | SH |  | SOLE |  | 900 | 0 | 0 |
| ISOENERGY LTD | COM NEW | 46500E867 | BBG00F0W91G6 | 1538529 | 145200 | SH |  | SOLE |  | 145200 | 0 | 0 |
| ITRON INC | COM | 465741106 | BBG000BD2167 | 34059 | 380 | SH |  | SOLE |  | 380 | 0 | 0 |
| JABIL INC | COM | 466313103 | BBG000BJNGN9 | 320615 | 1207 | SH |  | SOLE |  | 1207 | 0 | 0 |
| JANUS HENDERSON GROUP PLC | ORD SHS | G4474Y214 |  | 446919 | 8700 | SH |  | SOLE |  | 8700 | 0 | 0 |
| JFROG LTD | ORD SHS | M6191J100 |  | 70395 | 1500 | SH |  | SOLE |  | 1500 | 0 | 0 |
| KENNEDY-WILSON HOLDINGS INC | COM | 489398107 |  | 456604 | 42200 | SH |  | SOLE |  | 42200 | 0 | 0 |
| KKR  CO INC | COM | 48251W104 |  | 2713950 | 29340 | SH |  | SOLE |  | 29340 | 0 | 0 |
| LAUDER ESTEE COS INC | CL A | 518439104 |  | 35885 | 500 | SH |  | SOLE |  | 500 | 0 | 0 |
| LENSAR INC | COM | 52634L108 |  | 198951 | 33381 | SH |  | SOLE |  | 33381 | 0 | 0 |
| LSI INDS INC OHIO | COM | 50216C108 | BBG000BNKN21 | 188697 | 10145 | SH |  | SOLE |  | 10145 | 0 | 0 |
| MAPLEBEAR INC | COM | 565394103 |  | 2098322 | 56015 | SH |  | SOLE |  | 56015 | 0 | 0 |
| MARAVAI LIFESCIENCES HLDGS I | COM CL A | 56600D107 |  | 580150 | 205000 | SH |  | SOLE |  | 205000 | 0 | 0 |
| MARKEL GROUP INC | COM | 570535104 |  | 989574 | 517 | SH |  | SOLE |  | 517 | 0 | 0 |
| MDA SPACE LTD | COM | 55293N109 | BBG00ZS4RR13 | 11050834 | 436232 | SH |  | SOLE |  | 436232 | 0 | 0 |
| MERCURY GENL CORP NEW | COM | 589400100 |  | 34379 | 390 | SH |  | SOLE |  | 390 | 0 | 0 |
| MICROCHIP TECHNOLOGY INC. | COM | 595017104 |  | 499758 | 7735 | SH |  | SOLE |  | 7735 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 851391 | 2300 | SH |  | SOLE |  | 2300 | 0 | 0 |
| MISTER CAR WASH INC | COM | 60646V105 |  | 197948 | 28400 | SH |  | SOLE |  | 28400 | 0 | 0 |
| MODINE MFG CO | COM | 607828100 |  | 45509 | 210 | SH |  | SOLE |  | 210 | 0 | 0 |
| MONRO INC | COM | 610236101 |  | 80200 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| NCR ATLEOS CORPORATION | COM SHS | 63001N106 |  | 466306 | 10700 | SH |  | SOLE |  | 10700 | 0 | 0 |
| NEXGEN ENERGY LTD | COM | 65340P106 |  | 3051413 | 263000 | SH |  | SOLE |  | 263000 | 0 | 0 |
| NORTHWESTERN ENERGY GROUP IN | COM NEW | 668074305 |  | 191226 | 2900 | SH |  | SOLE |  | 2900 | 0 | 0 |
| ON24 INC | COM | 68339B104 |  | 303750 | 37500 | SH |  | SOLE |  | 37500 | 0 | 0 |
| ONESTREAM INC | CL A | 68278B107 |  | 93600 | 3900 | SH |  | SOLE |  | 3900 | 0 | 0 |
| PAR TECHNOLOGY CORP | COM | 698884103 |  | 10830118 | 812462 | SH |  | SOLE |  | 812462 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 72368 | 1600 | SH |  | SOLE |  | 1600 | 0 | 0 |
| PEAKSTONE REALTY TRUST | COMMON SHARES | 39818P799 |  | 344685 | 16500 | SH |  | SOLE |  | 16500 | 0 | 0 |
| PENUMBRA INC | COM | 70975L107 |  | 384193 | 1170 | SH |  | SOLE |  | 1170 | 0 | 0 |
| PROASSURANCE CORP | COM | 74267C106 |  | 279138 | 11292 | SH |  | SOLE |  | 11292 | 0 | 0 |
| PROFOUND MED CORP | COM NEW | 74319B502 |  | 60139 | 9400 | SH |  | SOLE |  | 9400 | 0 | 0 |
| RAMBUS INC DEL | COM | 750917106 | BBG000BR32C6 | 34412 | 400 | SH |  | SOLE |  | 400 | 0 | 0 |
| SELECT MED HLDGS CORP | COM | 81619Q105 |  | 467523 | 28700 | SH |  | SOLE |  | 28700 | 0 | 0 |
| SEMRUSH HLDGS INC | CL A COM | 81686C104 |  | 344206 | 28828 | SH |  | SOLE |  | 28828 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 386835 | 3700 | SH |  | SOLE |  | 3700 | 0 | 0 |
| SHOPIFY INC | CL A SUB VTG SHS | 82509L107 |  | 1518775 | 12800 | SH |  | SOLE |  | 12800 | 0 | 0 |
| SILICON LABORATORIES INC | COM | 826919102 |  | 208150 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| SSR MINING IN | COM | 784730103 |  | 634864 | 21594 | SH |  | SOLE |  | 21594 | 0 | 0 |
| STANDARDAERO INC | COM | 85423L103 |  | 2098688 | 81250 | SH |  | SOLE |  | 81250 | 0 | 0 |
| STONECO LTD | COM CL A | G85158106 |  | 1412000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| SUNOPTA INC | COM | 8676EP108 |  | 228595 | 35277 | SH |  | SOLE |  | 35277 | 0 | 0 |
| TALEN ENERGY CORP | COM | 87422Q109 |  | 478845 | 1500 | SH |  | SOLE |  | 1500 | 0 | 0 |
| TALKSPACE INC | COM | 87427V103 |  | 190957 | 36900 | SH |  | SOLE |  | 36900 | 0 | 0 |
| TELESAT CORP | CL A  CL B SHS | 879512309 |  | 13145308 | 371153 | SH |  | SOLE |  | 371153 | 0 | 0 |
| TEUCRIUM COMMODITY TR | CORN FD SHS | 88166A102 |  | 14799120 | 804300 | SH |  | SOLE |  | 804300 | 0 | 0 |
| TEUCRIUM COMMODITY TR | SOYBEAN FD | 88166A607 |  | 2440000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| THERMON GROUP HLDGS INC | COM | 88362T103 |  | 221760 | 4400 | SH |  | SOLE |  | 4400 | 0 | 0 |
| TREDEGAR CORP | COM | 894650100 |  | 89040 | 11200 | SH |  | SOLE |  | 11200 | 0 | 0 |
| TRI POINTE HOMES INC | COM | 87265H109 |  | 462627 | 9900 | SH |  | SOLE |  | 9900 | 0 | 0 |
| TXNM ENERGY INC | COM | 69349H107 |  | 315684 | 5400 | SH |  | SOLE |  | 5400 | 0 | 0 |
| UNITED SEC BANCSHARES CALIF | COM | 911460103 |  | 87233 | 8300 | SH |  | SOLE |  | 8300 | 0 | 0 |
| URANIUM ENERGY CORP | COM | 916896103 |  | 44550 | 3300 | SH |  | SOLE |  | 3300 | 0 | 0 |
| VERIS RESIDENTIAL INC | COM | 554489104 |  | 218892 | 11600 | SH |  | SOLE |  | 11600 | 0 | 0 |
| VERISIGN INC | COM | 92343E102 |  | 38496 | 155 | SH |  | SOLE |  | 155 | 0 | 0 |
| WARNER BROS DISCOVERY INC | COM SER A | 934423104 |  | 612358 | 22300 | SH |  | SOLE |  | 22300 | 0 | 0 |
| WASTE CONNECTIONS INC | COM | 94106B101 |  | 487427 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| WEBSTER FINL CORP | COM | 947890109 | BBG000BWMX63 | 395694 | 5700 | SH |  | SOLE |  | 5700 | 0 | 0 |
| WHEATON PRECIOUS METALS CORP | COM | 962879102 |  | 971346 | 7400 | SH |  | SOLE |  | 7400 | 0 | 0 |
| WOLFSPEED INC | COMMON STOCK | 97785W106 | BBG01XLDHDP0 | 405956 | 24890 | SH |  | SOLE |  | 24890 | 0 | 0 |
| XENON PHARMACEUTICALS INC | COM | 98420N105 |  | 398327 | 6850 | SH |  | SOLE |  | 6850 | 0 | 0 |
| ZIM INTEGRATED SHIPPING SERV | SHS | M9T951109 |  | 260865 | 9900 | SH |  | SOLE |  | 9900 | 0 | 0 |

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