PIER 88 INVESTMENT PARTNERS LLC

Filed: 5/9/2023ACC: 0001104659-23-057820

📋 What this filing means

PIER 88 INVESTMENT PARTNERS LLC filed this quarterly 13F‑HR report disclosing 118 equity positions with a total reported market value of $413.31M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

118

Positions

$413.31M

Total AUM (reported)

275.69M

Total Shares

Allocation by class

CONVERTIBLE BONDS$257.95M62.4%

PREFERRED STOCK$76.20M18.4%

COMMON STOCK$62.08M15.0%

CONVERTIBLE PREFERRED$10.35M2.5%

ETF$6.73M1.6%

Portfolio Concentration

Top 3$60.12M14.5%

4–10$129.15M31.2%

11–25$151.64M36.7%

Rest$72.40M17.5%

Top 3 weight

14.5%

Top 10 weight

45.8%

Voting Authority Distribution

Total shares with voting rights: 275.69M

Sole

Full voting authority

982.78K

% of voting shares0.4%

Shared

Joint voting authority

115.95K

% of voting shares0.0%

None

No voting authority

274.59M

% of voting shares99.6%

Investment Discretion (by position count)

Sole89

Shared0

Other29

Dominant voting typeNone · 99.6% of voting shares

Institutional Holdings118

Rows:

Western Digital Corp.

SOLE

Convertible Bonds

Shares21.21M

TypePRN

Market value$20.45M

4.95%

Sole

0.00

Shared

0.00

None

21.21M

Euronet Worldwide Inc

SOLE

Convertible Bonds

Shares20.88M

TypePRN

Market value$20.10M

4.86%

Sole

0.00

Shared

0.00

None

20.88M

Becton Dickson & Co

SOLE

Preferred Stock

Shares393.81K

TypeSH

Market value$19.58M

4.74%

Sole

0.00

Shared

0.00

None

393.81K

Expedia Group Inc

SOLE

Convertible Bonds

Shares21.75M

TypePRN

Market value$19.48M

4.71%

Sole

0.00

Shared

0.00

None

21.75M

NiSource Inc

SOLE

Preferred Stock

Shares180.72K

TypeSH

Market value$18.86M

4.56%

Sole

0.00

Shared

0.00

None

180.72K

Alteryx Inc

SOLE

Convertible Bonds

Shares22.05M

TypePRN

Market value$18.59M

4.50%

Sole

0.00

Shared

0.00

None

22.05M

DexCom Inc

SOLE

Convertible Bonds

Shares17.32M

TypePRN

Market value$18.55M

4.49%

Sole

0.00

Shared

0.00

None

17.32M

Southwest Airls Co

SOLE

Convertible Bonds

Shares16.03M

TypePRN

Market value$18.21M

4.41%

Sole

0.00

Shared

0.00

None

16.03M

American Elec Pwr Co Inc

SOLE

Preferred Stock

Shares359.10K

TypeSH

Market value$18.08M

4.37%

Sole

0.00

Shared

0.00

None

359.10K

Okta Inc

SOLE

Convertible Bonds

Shares20.42M

TypePRN

Market value$17.38M

4.20%

Sole

0.00

Shared

0.00

None

20.42M

Chegg Inc

SOLE

Convertible Bonds

Shares21.28M

TypePRN

Market value$16.71M

4.04%

Sole

0.00

Shared

0.00

None

21.28M

Splunk Inc

SOLE

Convertible Bonds

Shares19.55M

TypePRN

Market value$16.71M

4.04%

Sole

0.00

Shared

0.00

None

19.55M

DocuSign Inc

SOLE

Convertible Bonds

Shares16.61M

TypePRN

Market value$15.85M

3.83%

Sole

0.00

Shared

0.00

None

16.61M

Etsy Inc

SOLE

Convertible Bonds

Shares19.10M

TypePRN

Market value$15.77M

3.81%

Sole

0.00

Shared

0.00

None

19.10M

Wix

SOLE

Convertible Bonds

Shares16.63M

TypePRN

Market value$14.35M

3.47%

Sole

0.00

Shared

0.00

None

16.63M

Booking Holdings Inc

SOLE

Convertible Bonds

Shares9.45M

TypePRN

Market value$14.15M

3.42%

Sole

0.00

Shared

0.00

None

9.45M

Ares Capital Corp

SOLE

Convertible Bonds

Shares13.43M

TypePRN

Market value$13.52M

3.27%

Sole

0.00

Shared

0.00

None

13.43M

Boston Scientific Corp

SOLE

Preferred Stock

Shares90.94K

TypeSH

Market value$11.00M

2.66%

Sole

0.00

Shared

0.00

None

90.94K

Bank of America Corp

SOLE

Convertible Preferred

Shares7.40K

TypeSH

Market value$8.64M

2.09%

Sole

0.00

Shared

0.00

None

7.40K

RingCentral Inc

SOLE

Convertible Bonds

Shares5.99M

TypePRN

Market value$5.27M

1.28%

Sole

0.00

Shared

0.00

None

5.99M

KKR & Co Inc

SOLE

Preferred Stock

Shares77.70K

TypeSH

Market value$4.93M

1.19%

Sole

0.00

Shared

0.00

None

77.70K

SPDR Gold TR

SOLE

ETF

Shares21.52K

TypeSH

Market value$3.94M

0.95%

Sole

0.00

Shared

0.00

None

21.52K

NextEra Energy Inc

SOLE

Preferred Stock

Shares76.80K

TypeSH

Market value$3.75M

0.91%

Sole

0.00

Shared

0.00

None

76.80K

Tradeweb Mkts Inc

SOLE

Common Stock

Shares45.03K

TypeSH

Market value$3.56M

0.86%

Sole

45.03K

Shared

0.00

None

0.00

Salesforce Inc

SOLE

Common Stock

Shares17.48K

TypeSH

Market value$3.49M

0.85%

Sole

17.48K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
Western Digital Corp.SOLE	Convertible Bonds	21.21M	PRN	$20.45M 4.95%	0.00	21.21M
Euronet Worldwide IncSOLE	Convertible Bonds	20.88M	PRN	$20.10M 4.86%	0.00	20.88M
Becton Dickson & CoSOLE	Preferred Stock	393.81K	SH	$19.58M 4.74%	0.00	393.81K
Expedia Group IncSOLE	Convertible Bonds	21.75M	PRN	$19.48M 4.71%	0.00	21.75M
NiSource IncSOLE	Preferred Stock	180.72K	SH	$18.86M 4.56%	0.00	180.72K
Alteryx IncSOLE	Convertible Bonds	22.05M	PRN	$18.59M 4.50%	0.00	22.05M
DexCom IncSOLE	Convertible Bonds	17.32M	PRN	$18.55M 4.49%	0.00	17.32M
Southwest Airls CoSOLE	Convertible Bonds	16.03M	PRN	$18.21M 4.41%	0.00	16.03M
American Elec Pwr Co IncSOLE	Preferred Stock	359.10K	SH	$18.08M 4.37%	0.00	359.10K
Okta IncSOLE	Convertible Bonds	20.42M	PRN	$17.38M 4.20%	0.00	20.42M
Chegg IncSOLE	Convertible Bonds	21.28M	PRN	$16.71M 4.04%	0.00	21.28M
Splunk IncSOLE	Convertible Bonds	19.55M	PRN	$16.71M 4.04%	0.00	19.55M
DocuSign IncSOLE	Convertible Bonds	16.61M	PRN	$15.85M 3.83%	0.00	16.61M
Etsy IncSOLE	Convertible Bonds	19.10M	PRN	$15.77M 3.81%	0.00	19.10M
WixSOLE	Convertible Bonds	16.63M	PRN	$14.35M 3.47%	0.00	16.63M
Booking Holdings IncSOLE	Convertible Bonds	9.45M	PRN	$14.15M 3.42%	0.00	9.45M
Ares Capital CorpSOLE	Convertible Bonds	13.43M	PRN	$13.52M 3.27%	0.00	13.43M
Boston Scientific CorpSOLE	Preferred Stock	90.94K	SH	$11.00M 2.66%	0.00	90.94K
Bank of America CorpSOLE	Convertible Preferred	7.40K	SH	$8.64M 2.09%	0.00	7.40K
RingCentral IncSOLE	Convertible Bonds	5.99M	PRN	$5.27M 1.28%	0.00	5.99M
KKR & Co IncSOLE	Preferred Stock	77.70K	SH	$4.93M 1.19%	0.00	77.70K
SPDR Gold TRSOLE	ETF	21.52K	SH	$3.94M 0.95%	0.00	21.52K
NextEra Energy IncSOLE	Preferred Stock	76.80K	SH	$3.75M 0.91%	0.00	76.80K
Tradeweb Mkts IncSOLE	Common Stock	45.03K	SH	$3.56M 0.86%	45.03K	0.00
Salesforce IncSOLE	Common Stock	17.48K	SH	$3.49M 0.85%	17.48K	0.00

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