Teucrium Commodity Trust holder PenderFund owns 2.89%

Teucrium Commodity Trust (BTCK) received an amended Schedule 13G/A from institutional investor PenderFund Capital Management Ltd. reporting its current ownership position in the trust’s common stock.

Rhea-AI Filing Summary

Teucrium Commodity Trust (BTCK) received an amended Schedule 13G/A from institutional investor PenderFund Capital Management Ltd. reporting its current ownership position in the trust’s common stock. This Amendment No. 2 discloses that PenderFund beneficially owns 350,000 shares of common stock.

PenderFund reports holding 2.89% of the outstanding class, with sole power to vote and sole power to dispose of all 350,000 shares and no shared voting or dispositive power. The filing also confirms that PenderFund’s holdings are 5 percent or less of the class, consistent with Schedule 13G reporting for institutional investors.

Key Figures

Shares beneficially owned: 350,000 shares Percent of class: 2.89% Sole voting power: 350,000 shares +3 more

6 metrics

Shares beneficially owned 350,000 shares Common stock of Teucrium Commodity Trust reported by PenderFund Capital Management

Percent of class 2.89% PenderFund’s beneficial ownership of Teucrium Commodity Trust common stock

Sole voting power 350,000 shares Shares of Teucrium Commodity Trust over which PenderFund has sole voting power

Shared voting power 0 shares Shares of Teucrium Commodity Trust over which PenderFund has shared voting power

Sole dispositive power 350,000 shares Shares of Teucrium Commodity Trust over which PenderFund has sole dispositive power

Shared dispositive power 0 shares Shares of Teucrium Commodity Trust over which PenderFund has shared dispositive power

Key Terms

Schedule 13G/A, beneficially owned, sole voting power, dispositive power, +1 more

5 terms

Schedule 13G/A regulatory

"PenderFund Capital Management Ltd. filed Schedule 13G/A Amendment No. 2"

A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.

beneficially owned financial

"Amount beneficially owned: 350,000"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

sole voting power financial

"Sole power to vote or to direct the vote: 350,000"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

dispositive power financial

"Sole power to dispose or to direct the disposition of: 350,000"

Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.

percent of class financial

"Percent of class: 2.89%"

Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What ownership stake in BTCK does PenderFund Capital Management report?

PenderFund Capital Management reports beneficial ownership of 350,000 shares of Teucrium Commodity Trust common stock, representing 2.89% of the outstanding class, with sole voting and dispositive power over all of these shares.

What is the significance of Schedule 13G/A Amendment No. 2 for BTCK?

Schedule 13G/A Amendment No. 2 shows that institutional investor PenderFund Capital Management holds 2.89% of BTCK common stock and confirms that its ownership is 5 percent or less of the class, supporting transparency of significant but non-controlling positions.

Does PenderFund Capital Management share voting power over BTCK shares?

No. PenderFund Capital Management reports sole power to vote 350,000 shares of Teucrium Commodity Trust common stock and no shared voting power, indicating exclusive voting authority over its reported position.

What dispositive power over BTCK shares does PenderFund report?

PenderFund Capital Management reports sole power to dispose of or direct the disposition of 350,000 shares of Teucrium Commodity Trust common stock and no shared dispositive power, meaning it alone controls decisions to sell or otherwise dispose of these shares.

Who signed the BTCK Schedule 13G/A on behalf of PenderFund Capital Management?

The Schedule 13G/A was signed by Amanda Patterson, identified as CFO and Head of Operations of PenderFund Capital Management Ltd., on September 4, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/04/2026 - 12:03 PM EDT Accepted by SEC EDGAR 09/04/2026 - 12:03 PM EDT Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

Teucrium Commodity Trust

(Name of Issuer)

Common Stock

(Title of Class of Securities)

(CUSIP Number)

08/31/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP No.

1

Names of Reporting Persons

PenderFund Capital Management Ltd.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

BRITISH COLUMBIA, CANADA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 350,000.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 350,000.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

350,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

2.9 %

12

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Teucrium Commodity Trust
(b)	Address of issuer's principal executive offices: THREE MAIN STREET, SUITE 215, BURLINGTON, VERMONT, 05401.
Item 2.
(a)	Name of person filing: PenderFund Capital Management Ltd.
(b)	Address or principal business office or, if none, residence: The address of the principal business office of PenderFund Capital Management Ltd. is 1830-1066 West Hastings Street, Vancouver, BC, Canada V6E 3X2
(c)	Citizenship: PenderFund Capital Management Ltd. is a corporation formed under the laws of British Columbia, Canada
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.:
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
	Institutional Manager
Item 4.	Ownership
(a)	Amount beneficially owned: 350,000
(b)	Percent of class: 2.89%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 350,000
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 350,000
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

PenderFund Capital Management Ltd.

Signature:	Amanda Patterson
Name/Title:	CFO and Head of Operations
Date:	09/04/2026