Piper Sandler & Co.
- SEC CIK
- 0000724683
- Latest filing
- Jul 28, 2026
Holdings in Q1 2026
Holdings as of Mar 31, 2026, filed May 12, 2026. Long positions only; changes compare share counts with Q4 2025.
- Positions
- 20
- −5 vs. Q4 2025
- Portfolio value
- $102.0M
- −$39.2M (−27.7%) vs. Q4 2025
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| Penn Natl Gaming Inc707569AU3 | NOTE 2.750% 5/1 | – | $19.0M | 18.6% | – | – | – |
| MGP Ingredients Inc55303JAB2 | NOTE 1.875%11/1 | – | $17.2M | 16.8% | – | – | – |
| Cracker Barrel Old Ctry Stor22410JAB2 | NOTE 0.625% 6/1 | – | $15.1M | 14.8% | – | – | – |
| American WTR Cap Corp03040WBE4 | NOTE 3.625% 6/1 | – | $11.7M | 11.5% | – | New | – |
| Upstart Hldgs Inc91680MAB3 | NOTE 0.250% 8/1 | – | $8.71M | 8.5% | – | – | – |
| Blackstone Mortgage Trust IN09257WAE0 | NOTE 5.500% 3/1 | – | $7.09M | 7.0% | – | – | – |
| Marriott Vacations Worldwide Corp57164YAF4 | NOTE 3.250%12/1 | – | $5.29M | 5.2% | – | New | – |
| Teladoc Health, Inc.87918AAF2 | NOTE 1.250% 6/0 | – | $4.68M | 4.6% | – | New | – |
| Redwood Trust Inc758075AF2 | NOTE 7.750% 6/1 | – | $3.96M | 3.9% | – | New | – |
| Ziff Davis, Inc.48123VAE2 | NOTE 1.750%11/0 | – | $2.60M | 2.5% | – | New | – |
| Upwork, Inc91688FAB0 | NOTE 0.250% 8/1 | – | $2.54M | 2.5% | – | New | – |
| Duke Energy CORP26441CBY0 | NOTE 4.125% 4/1 | – | $1.91M | 1.9% | – | New | – |
| Progress Software Corp743312AB6 | NOTE 1.000% 4/1 | – | $897.8K | 0.9% | – | New | – |
| Q2 Hldgs Inc74736LAD1 | NOTE 0.750% 6/0 | – | $387.4K | 0.4% | – | New | – |
| ZEOZeo Energy Corp. | CL A | 507,502 | $291.3K | 0.3% | −170,209−25.1% | Reduced | History |
| STTKShattuck Labs, Inc. | COM | 39,467 | $253.8K | 0.2% | 00.0% | Unchanged | History |
| Affirm Hldgs Inc00827BAB2 | NOTE 11/1 | – | $185.8K | 0.2% | – | New | – |
| Coinbase Global, Inc.19260QAB3 | NOTE 0.500% 6/0 | – | $137.9K | 0.1% | – | New | – |
| Pebblebrook Hotel Tr70509VAA8 | NOTE 1.750%12/1 | – | $81.8K | 0.1% | – | – | – |
| Wayfair Inc.94419LAF8 | NOTE 1.000% 8/1 | – | $32.0K | <0.1% | – | – | – |
Sold out since Q4 2025 (16)
Positions held at the end of Q4 2025 that are gone from this filing.
| Security | Class | Shares in Q4 2025 | Value in Q4 2025 | % of portfolio in Q4 2025 | History |
|---|---|---|---|---|---|
| Summit Hotel Pptys Inc866082AA8 | NOTE 1.500% 2/1 | – | $19.6M | 13.9% | – |
| JetBlue Airways Corp477143AP6 | NOTE 0.500% 4/0 | – | $16.4M | 11.6% | – |
| Cable One, Inc.12685JAE5 | NOTE 3/1 | – | $13.8M | 9.8% | – |
| Marriott Vacations Worldwide Corp57164YAD9 | NOTE 1/1 | – | $13.4M | 9.5% | – |
| Two HBRS Invt Corp90187BAB7 | NOTE 6.250% 1/1 | – | $12.6M | 8.9% | – |
| Enphase Energy, Inc.29355AAH0 | NOTE 3/0 | – | $10.5M | 7.4% | – |
| Pennymac Corp70932AAF0 | NOTE 5.500% 3/1 | – | $9.45M | 6.7% | – |
| Peloton Interactive, Inc.70614WAB6 | NOTE 2/1 | – | $4.90M | 3.5% | – |
| Alarm Com Hldgs Inc011642AB1 | NOTE 1/1 | – | $3.95M | 2.8% | – |
| Fastly, Inc.31188VAB6 | NOTE 3/1 | – | $2.93M | 2.1% | – |
| Mitek Sys Inc606710AA9 | NOTE 0.750% 2/0 | – | $1.47M | 1.0% | – |
| TripAdvisor, Inc.896945AD4 | NOTE 0.250% 4/0 | – | $1.13M | 0.8% | – |
| Groupon, Inc.399473AF4 | NOTE 1.125% 3/1 | – | $1.10M | 0.8% | – |
| Magnite, Inc.55955DAB6 | NOTE 0.250% 3/1 | – | $683.9K | 0.5% | – |
| RingCentral, Inc.76680RAH0 | NOTE 3/1 | – | $449.5K | 0.3% | – |
| Haemonetics Corp Mass405024AB6 | NOTE 3/0 | – | $334.8K | 0.2% | – |