PenderFund Capital Management 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
ACCELERATE DIAGNOSTICS INC	NOTE 2.500% 3/1	00430HAB8	7,857	9,560,000	PRN		SOLE		9,560,000	0	0
ALIBABA GROUP HLDG LTD	SPONSORED ADS	01609W102	2,502	8,900	SH		SOLE		8,900	0	0
AVIAT NETWORKS INC	COM	05366Y201	10,566	260,109	SH		SOLE		260,109	0	0
BAIDU INC	SPON ADR REP A	056752108	15,400	60,930	SH		SOLE		60,930	0	0
BAUSCH HEALTH COS INC	COM	071734107	7,448	204,725	SH		SOLE		204,725	0	0
BETTER CHOICE CO INC	COM	08771Y303	148	27,778	SH		SOLE		27,778	0	0
BRANDYWINEGBL GBL INCM OPP F	COM	10537L104	1,563	100,000	SH		SOLE		100,000	0	0
BROOKFIELD ASSET MGMT INC	CL A LTD VT SH	112585104	3,918	61,950	SH		SOLE		61,950	0	0
BROOKFIELD PROPERTY PARTRS L	UNIT LTD PARTN	G16249107	641	27,309	SH		SOLE		27,309	0	0
BURFORD CAP LTD	ORD SHS	G17977110	21,503	1,669,570	SH		SOLE		1,669,570	0	0
CANO HEALTH INC	*W EXP 06/03/202	13781Y111	277	60,498	SH		SOLE		60,498	0	0
CLOUDERA INC	COM	18914U100	11,371	578,400	SH		SOLE		578,400	0	0
COLFAX CORP	COM	194014106	813	14,312	SH		SOLE		14,312	0	0
COLLIERS INTL GROUP INC	SUB VTG SHS	194693107	514	3,700	SH		SOLE		3,700	0	0
DECARBONIZATION PLUS ACQU II	*W EXP 01/19/202	242794113	1	333	SH		SOLE		333	0	0
DISCOVERY INC	COM SER A	25470F104	6	160	SH		SOLE		160	0	0
DISCOVERY INC	COM SER C	25470F302	1,351	37,600	SH		SOLE		37,600	0	0
EAGLE BULK SHIPPING INC	NOTE 5.000% 8/0	269442AB5	6,212	3,578,000	PRN		SOLE		3,578,000	0	0
EBIX INC	COM	278715206	8,653	205,907	SH		SOLE		205,907	0	0
EGAIN CORP	COM	28225C806	10,077	708,156	SH		SOLE		708,156	0	0
ENERGY FUELS INC	*W EXP 09/20/202	292671179	882	200,000	SH		SOLE		200,000	0	0
EROS STX GLOBAL CORPORATION	SHS	G3788M114	9	4,800	SH		SOLE		4,800	0	0
ESM ACQUISITION CORPORATION	*W EXP 02/02/202	G3195H112	0	233	SH		SOLE		233	0	0
FIREEYE INC	NOTE 0.875% 6/0	31816QAF8	4,221	3,000,000	PRN		SOLE		3,000,000	0	0
FIRSTSERVICE CORP	COM	33767E202	532	2,500	SH		SOLE		2,500	0	0
FLEXION THERAPEUTICS INC	NOTE 3.375% 5/0	33938JAB2	10,191	9,000,000	PRN		SOLE		9,000,000	0	0
FLUOR CORP	COM	343412102	4,645	211,700	SH		SOLE		211,700	0	0
FOLEY TRASIMENE ACQUISTN COR	*W EXP 05/26/202	34431F112	150	58,032	SH		SOLE		58,032	0	0
FTS INTERNATIONAL INC	COM NEW CL A	30283W302	7,786	222,032	SH		SOLE		222,032	0	0
HANESBRANDS INC	COM	410345102	1,065	46,000	SH		SOLE		46,000	0	0
HOWARD HUGHES CORP	COM	44267D107	7,398	61,237	SH		SOLE		61,237	0	0
HUT 8 MNG CORP COM	COM	44812T102	177	33,000	SH		SOLE		33,000	0	0
IAC INTERACTIVECORP	COM	44891N208	6,639	34,740	SH		SOLE		34,740	0	0
INFINERA CORP	NOTE 2.125% 9/0	45667GAC7	1,733	1,134,000	PRN		SOLE		1,134,000	0	0
INFINERA CORP	NOTE 2.500% 3/0	45667GAE3	1,898	1,000,000	PRN		SOLE		1,000,000	0	0
INTERACTIVE BROKERS GROUP IN	COM CL A	45841N107	10,918	134,000	SH		SOLE		134,000	0	0
INTERCEPT PHARMACEUTICALS IN	NOTE 2.000% 5/1	45845PAB4	5,424	6,500,000	PRN		SOLE		6,500,000	0	0
INTERCEPT PHARMACEUTICALS IN	NOTE 3.250% 7/0	45845PAA6	10,735	9,605,000	PRN		SOLE		9,605,000	0	0
INTREXON CORP	NOTE 3.500% 7/0	46122TAA0	10,799	10,000,000	PRN		SOLE		10,000,000	0	0
JAWS HURRICANE ACQUISITN COR	UNIT 06/08/2026	47201B202	125	10,000	SH		SOLE		10,000	0	0
JAWS MUSTANG ACQUISITION COR	*W EXP 01/30/202	G50737124	0	250	SH		SOLE		250	0	0
JAWS SPITFIRE ACQUISITION CO	*W EXP 12/01/202	G50740110	12	5,000	SH		SOLE		5,000	0	0
JD.COM INC	SPON ADR CL A	47215P106	9,706	98,105	SH		SOLE		98,105	0	0
KALEYRA INC	COM	483379103	2,107	138,900	SH		SOLE		138,900	0	0
KARYOPHARM THERAPEUTICS INC	NOTE 3.000%10/1	48576UAA4	3,754	3,000,000	PRN		SOLE		3,000,000	0	0
KENNEDY-WILSON HOLDINGS INC	COM	489398107	1,123	45,600	SH		SOLE		45,600	0	0
KKR & CO INC	COM	48251W104	12,998	177,008	SH		SOLE		177,008	0	0
LEAD EDGE GROWTH OPRTUNTS LT	*W EXP 04/01/202	G54085116	4	2,500	SH		SOLE		2,500	0	0
LEAD EDGE GROWTH OPRTUNTS LT	COM	G54085108	121	10,000	SH		SOLE		10,000	0	0
LENDINGTREE INC	NOTE 0.625% 6/0	52603BAA5	1,470	1,000,000	PRN		SOLE		1,000,000	0	0
LIBERTY LATIN AMERICA LTD	COM CL A	G9001E102	5,119	297,961	SH		SOLE		297,961	0	0
LIBERTY LATIN AMERICA LTD	COM CL C	G9001E128	5,005	286,361	SH		SOLE		286,361	0	0
LUX HEALTH TECH ACQUISITION	*W EXP 11/30/202	55068A118	54	32,999	SH		SOLE		32,999	0	0
MAXAR TECHNOLOGIES INC	COM	57778K105	12,303	247,801	SH		SOLE		247,801	0	0
MICROSTRATEGY INC	CL A NEW	594972408	2,636	3,200	SH		SOLE		3,200	0	0
NORTHROP GRUMMAN CORP	COM	666807102	1,784	3,960	SH		SOLE		3,960	0	0
OAKTREE ACQUISITION CORP II	CL A SHS	G6715X103	3	250	SH		SOLE		250	0	0
ONE EQUITY PARTNERS OPEN WTR	*W EXP 01/14/202	68237L113	2	1,666	SH		SOLE		1,666	0	0
OPKO HEALTH INC	NOTE 4.500% 2/1	68375NAD5	9,871	6,000,000	PRN		SOLE		6,000,000	0	0
PAR TECHNOLOGY CORP	COM	698884103	12,179	140,481	SH		SOLE		140,481	0	0
PARATEK PHARMACEUTICALS INC	NOTE 4.750% 5/0	699374AB0	24,611	21,060,000	PRN		SOLE		21,060,000	0	0
PERSHING SQUARE TONTINE HLDG	*W EXP 07/24/202	71531R117	81	10,332	SH		SOLE		10,332	0	0
PRIMAVERA CAPITAL ACQUIST CO	*W EXP 01/19/202	G7255E117	3	2,500	SH		SOLE		2,500	0	0
REINVENT TECHNOLOGY PARTNERS	CL A	G7483N129	6	500	SH		SOLE		500	0	0
RENREN INC	SPONSORED ADS	759892300	7	500	SH		SOLE		500	0	0
SCIENCE STRATEGIC ACQ ALPHA	*W EXP 01/20/202	808641112	2	1,666	SH		SOLE		1,666	0	0
SHARPSPRING INC	COM	820054104	8,285	395,702	SH		SOLE		395,702	0	0
SHAW COMMUNICATIONS INC	CL B CONV	82028K200	1	50	SH		SOLE		50	0	0
SHIP FIN INTL LTD	NOTE 4.875% 5/0	824689AG8	10,373	8,656,000	PRN		SOLE		8,656,000	0	0
SOCIAL CAPITAL HEDOSOPHA HLD	*W EXP 09/26/202	G8251L113	127	49,750	SH		SOLE		49,750	0	0
SOCIAL CAPITAL HEDOSOPHA HLD	*W EXP 09/26/202	G82514111	4	1,250	SH		SOLE		1,250	0	0
SOCIAL CAPITAL HEDOSOPHA HLD	SHS CL A	G8251L105	2,002	158,300	SH		SOLE		158,300	0	0
SOFI TECHNOLOGIES INC	*W EXP 05/28/202	83406F110	513	48,600	SH		SOLE		48,600	0	0
SPARTAN ACQUISITION CORP III	*W EXP 02/04/202	84677R114	0	250	SH		SOLE		250	0	0
SQUARE INC	CL A	852234103	10,457	34,600	SH		SOLE		34,600	0	0
SS&C TECHNOLOGIES HLDGS INC	COM	78467J100	12,465	139,550	SH		SOLE		139,550	0	0
SSR MNG INC	NOTE 2.500% 4/0	784730AB9	9,472	6,250,000	PRN		SOLE		6,250,000	0	0
STARWOOD PPTY TR INC	COM	85571B105	1,247	38,450	SH		SOLE		38,450	0	0
STITCH FIX INC	COM CL A	860897107	15,451	206,705	SH		SOLE		206,705	0	0
SWK HLDGS CORP	COM	78501P203	7	300	SH		SOLE		300	0	0
TEXAS PACIFIC LAND CORPORATI	COM	88262P102	8,497	4,285	SH		SOLE		4,285	0	0
THIMBLE POINT ACQUISITION CO	*W EXP 02/04/202	88408P115	1	333	SH		SOLE		333	0	0
TREBIA ACQUISITION CORP	COM CL A	G9027T109	3	250	SH		SOLE		250	0	0
TRICIDA INC	NOTE 3.500% 5/1	89610FAB7	13,414	28,408,000	PRN		SOLE		28,408,000	0	0
TWITTER INC	COM	90184L102	5,391	63,200	SH		SOLE		63,200	0	0
UNIVERSAL TECHNICAL INST INC	COM	913915104	9,461	1,175,976	SH		SOLE		1,175,976	0	0
VIMEO INC	COMMON STOCK	92719V100	3,426	56,398	SH		SOLE		56,398	0	0
ZILLOW GROUP INC	CL C CAP STK	98954M200	15,462	102,054	SH		SOLE		102,054	0	0