Filed: 5/13/2025ACC: 0000724683-25-000025
📋 What this filing means
PIPER SANDLER & CO. filed this quarterly 13F‑HR report disclosing 29 equity positions with a total reported market value of $132.90M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
29
Positions
$132.90M
Total AUM (reported)
110.70M
Total Shares
Allocation by class
NOTE 0.750% 5/0$24.99M18.8%
NOTE 0.375% 6/0$18.23M13.7%
NOTE 2.500% 5/1$12.86M9.7%
NOTE 5.750%10/0$12.43M9.4%
NOTE 11/0$10.56M7.9%
NOTE 2.500% 4/1$8.68M6.5%
NOTE 0.500% 8/1$7.88M5.9%
Portfolio Concentration
Top 3$55.31M41.6%
4–10$56.56M42.6%
11–25$20.95M15.8%
Rest$76.9K0.1%
Top 3 weight
41.6%
Top 10 weight
84.2%
Voting Authority Distribution
Total shares with voting rights: 110.70M
Sole
Full voting authority
110.70M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole29
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings29
Rows:
BOOKING HOLDINGS INC
SOLEShares10.33M
TypePRN
Market value$24.99M
18.80%
Sole
10.33M
Shared
0.00
None
0.00
HUBSPOT INC
SOLEShares8.71M
TypePRN
Market value$17.46M
13.13%
Sole
8.71M
Shared
0.00
None
0.00
NATIONAL VISION HLDGS INC
SOLEShares13.06M
TypePRN
Market value$12.86M
9.68%
Sole
13.06M
Shared
0.00
None
0.00
RWT HLDGS INC
SOLEShares12.60M
TypePRN
Market value$12.43M
9.35%
Sole
12.60M
Shared
0.00
None
0.00
FIVERR INTL LTD
SOLEShares11.05M
TypePRN
Market value$10.56M
7.95%
Sole
11.05M
Shared
0.00
None
0.00
HEALTH CATALYST INC
SOLEShares8.79M
TypePRN
Market value$8.68M
6.53%
Sole
8.79M
Shared
0.00
None
0.00
INTEGRA LIFESCIENCES HLDGS C
SOLEShares8.12M
TypePRN
Market value$7.88M
5.93%
Sole
8.12M
Shared
0.00
None
0.00
WIX COM LTD
SOLEShares6.67M
TypePRN
Market value$6.45M
4.86%
Sole
6.67M
Shared
0.00
None
0.00
FIVE9 INC
SOLEShares5.71M
TypePRN
Market value$5.60M
4.22%
Sole
5.71M
Shared
0.00
None
0.00
TWO HARBORS INVENTMENT CORPO
SOLEShares5M
TypePRN
Market value$4.95M
3.72%
Sole
5M
Shared
0.00
None
0.00
WAYFAIR INC
SOLEShares5.09M
TypePRN
Market value$4.91M
3.69%
Sole
5.09M
Shared
0.00
None
0.00
ARBOR REALTY TRUST INC
SOLEShares2.75M
TypePRN
Market value$2.72M
2.05%
Sole
2.75M
Shared
0.00
None
0.00
NEOGENOMICS INC
SOLEShares2.70M
TypePRN
Market value$2.66M
2.00%
Sole
2.70M
Shared
0.00
None
0.00
LIVONGO HEALTH INC
SOLEShares2.67M
TypePRN
Market value$2.62M
1.97%
Sole
2.67M
Shared
0.00
None
0.00
PACIRA BIOSCIENCES INC
SOLEShares2.15M
TypePRN
Market value$2.09M
1.58%
Sole
2.15M
Shared
0.00
None
0.00
EVENTBRITE INC
SOLEShares1.50M
TypePRN
Market value$1.47M
1.11%
Sole
1.50M
Shared
0.00
None
0.00
MESA LABS INC
SOLEShares1.50M
TypePRN
Market value$1.46M
1.10%
Sole
1.50M
Shared
0.00
None
0.00
AFFIRM HLDGS INC
SOLEShares1M
TypePRN
Market value$900.0K
0.68%
Sole
1M
Shared
0.00
None
0.00
PALO ALTO NETWORKS INC
SOLEShares226K
TypePRN
Market value$773.7K
0.58%
Sole
226K
Shared
0.00
None
0.00
NB BANCORP INC
SOLEShares40K
TypeSH
Market value$715.8K
0.54%
Sole
40K
Shared
0.00
None
0.00
PAGERDUTY INC
SOLEShares200K
TypePRN
Market value$195.7K
0.15%
Sole
200K
Shared
0.00
None
0.00
PENNYMAC CORP
SOLEShares173K
TypePRN
Market value$171.2K
0.13%
Sole
173K
Shared
0.00
None
0.00
EZCORP INC
SOLEShares162K
TypePRN
Market value$161.3K
0.12%
Sole
162K
Shared
0.00
None
0.00
PROFRAC HLDG CORP
SOLEShares8.16K
TypeSH
Market value$62.0K
0.05%
Sole
8.16K
Shared
0.00
None
0.00
SHATTUCK LABS INC
SOLEShares39.47K
TypeSH
Market value$37.5K
0.03%
Sole
39.47K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
BOOKING HOLDINGS INCSOLE | NOTE 0.750% 5/0 | 10.33M | PRN | $24.99M 18.80% | 10.33M | 0.00 | 0.00 |
HUBSPOT INCSOLE | NOTE 0.375% 6/0 | 8.71M | PRN | $17.46M 13.13% | 8.71M | 0.00 | 0.00 |
NATIONAL VISION HLDGS INCSOLE | NOTE 2.500% 5/1 | 13.06M | PRN | $12.86M 9.68% | 13.06M | 0.00 | 0.00 |
RWT HLDGS INCSOLE | NOTE 5.750%10/0 | 12.60M | PRN | $12.43M 9.35% | 12.60M | 0.00 | 0.00 |
FIVERR INTL LTDSOLE | NOTE 11/0 | 11.05M | PRN | $10.56M 7.95% | 11.05M | 0.00 | 0.00 |
HEALTH CATALYST INCSOLE | NOTE 2.500% 4/1 | 8.79M | PRN | $8.68M 6.53% | 8.79M | 0.00 | 0.00 |
INTEGRA LIFESCIENCES HLDGS CSOLE | NOTE 0.500% 8/1 | 8.12M | PRN | $7.88M 5.93% | 8.12M | 0.00 | 0.00 |
WIX COM LTDSOLE | NOTE 8/1 | 6.67M | PRN | $6.45M 4.86% | 6.67M | 0.00 | 0.00 |
FIVE9 INCSOLE | NOTE 0.500% 6/0 | 5.71M | PRN | $5.60M 4.22% | 5.71M | 0.00 | 0.00 |
TWO HARBORS INVENTMENT CORPOSOLE | NOTE 6.250% 1/1 | 5M | PRN | $4.95M 3.72% | 5M | 0.00 | 0.00 |
WAYFAIR INCSOLE | NOTE 0.625%10/0 | 5.09M | PRN | $4.91M 3.69% | 5.09M | 0.00 | 0.00 |
ARBOR REALTY TRUST INCSOLE | NOTE 7.500% 8/0 | 2.75M | PRN | $2.72M 2.05% | 2.75M | 0.00 | 0.00 |
NEOGENOMICS INCSOLE | NOTE 1.250% 5/0 | 2.70M | PRN | $2.66M 2.00% | 2.70M | 0.00 | 0.00 |
LIVONGO HEALTH INCSOLE | NOTE 0.875% 6/0 | 2.67M | PRN | $2.62M 1.97% | 2.67M | 0.00 | 0.00 |
PACIRA BIOSCIENCES INCSOLE | NOTE 0.750% 8/0 | 2.15M | PRN | $2.09M 1.58% | 2.15M | 0.00 | 0.00 |
EVENTBRITE INCSOLE | NOTE 5.000%12/0 | 1.50M | PRN | $1.47M 1.11% | 1.50M | 0.00 | 0.00 |
MESA LABS INCSOLE | NOTE 1.375% 8/1 | 1.50M | PRN | $1.46M 1.10% | 1.50M | 0.00 | 0.00 |
AFFIRM HLDGS INCSOLE | NOTE 11/1 | 1M | PRN | $900.0K 0.68% | 1M | 0.00 | 0.00 |
PALO ALTO NETWORKS INCSOLE | NOTE 0.375% 6/0 | 226K | PRN | $773.7K 0.58% | 226K | 0.00 | 0.00 |
NB BANCORP INCSOLE | COM | 40K | SH | $715.8K 0.54% | 40K | 0.00 | 0.00 |
PAGERDUTY INCSOLE | NOTE 1.250% 7/0 | 200K | PRN | $195.7K 0.15% | 200K | 0.00 | 0.00 |
PENNYMAC CORPSOLE | NOTE 5.500% 3/1 | 173K | PRN | $171.2K 0.13% | 173K | 0.00 | 0.00 |
EZCORP INCSOLE | NOTE 2.375% 5/0 | 162K | PRN | $161.3K 0.12% | 162K | 0.00 | 0.00 |
PROFRAC HLDG CORPSOLE | CLASS A COM | 8.16K | SH | $62.0K 0.05% | 8.16K | 0.00 | 0.00 |
SHATTUCK LABS INCSOLE | COM | 39.47K | SH | $37.5K 0.03% | 39.47K | 0.00 | 0.00 |
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