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

SANG ranks #8188 out of 37701 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.

TD Waterhouse Canada Inc. has trimmed its SANG position for two straight quarters, cutting it by $1.7M while still holding $693.0.

SANG is down 0.8% 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 $81.1M in its latest fiscal year.

• Not yet profitable — net loss of $81.1M in the latest fiscal year
• Revenue declined 15.5% year over year
• Net income declined year over year, from -$5.0M to -$81.1M
• Generated $23.7M in positive operating cash flow
• Current ratio of 0.78x — below the conventional 1.5x liquidity buffer
• Liabilities run 0.35x equity — within a conventional range