Sangoma Technologies CORP (SANG) Smart Money Holdings (13F, Q2 2026)

SANG ranks #8180 out of 37503 tracked stocks by institutional interest, inside the more closely watched half of our coverage.

SANG is a top-conviction position for Ppm America Inc/il — at 16.9% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.

The largest dollar stake in SANG belongs to PenderFund Capital Management Ltd., but the position matters far more to Ppm America Inc/il, who has 16.9% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.

Ppm America Inc/il has trimmed its SANG position for two straight quarters, cutting it by $932.9K while still holding $2.5M.

SANG is down 1.1% today, but institutions show net buying of $5.2M this quarter — a divergence between today's price move and the underlying institutional flow.

SANG reported a net loss of $5.0M in its latest fiscal year.

• Not yet profitable — net loss of $5.0M in the latest fiscal year
• Revenue declined 4.3% year over year
• Net income improved year over year, from -$8.7M to -$5.0M
• Generated $41.8M in positive operating cash flow
• Current ratio of 0.86x — below the conventional 1.5x liquidity buffer
• Liabilities run 1.36x equity — within a conventional range