PIPER SANDLER & CO.

PrivateCIK: 724683
Location

MINNEAPOLIS, MN

20
Positions
$102.02M
Total AUM (reported)
104.41M
Total Shares

Allocation by class

TOTAL AUM$102.02M20 positions
NOTE 2.750% 5/1$19.02M18.6%
NOTE 1.875%11/1$17.17M16.8%
NOTE 0.625% 6/1$15.08M14.8%
NOTE 3.625% 6/1$11.69M11.5%
NOTE 0.250% 8/1$11.25M11.0%
NOTE 5.500% 3/1$7.09M7.0%
NOTE 3.250%12/1$5.29M5.2%

Portfolio Concentration

Top 350.3%4–1043.2%11–256.6%TOP 1093.4%0%100%
Top 3$51.27M50.3%
4–10$44.03M43.2%
11–25$6.72M6.6%

Top 3 weight

50.3%

Top 10 weight

93.4%

Voting Authority Distribution

Total shares with voting rights: 104.41M

Sole

Full voting authority

104.41M

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)

Sole20
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings20
Rows:

PENN ENTERTAINMENT INC

SOLE
NOTE 2.750% 5/1
Shares19.27M
TypePRN
Market value$19.02M
18.64%
Sole
19.27M
Shared
0.00
None
0.00

MGP INGREDIENTS INC NEW

SOLE
NOTE 1.875%11/1
Shares18.03M
TypePRN
Market value$17.17M
16.83%
Sole
18.03M
Shared
0.00
None
0.00

CRACKER BARREL OLD CTRY STOR

SOLE
NOTE 0.625% 6/1
Shares15.42M
TypePRN
Market value$15.08M
14.78%
Sole
15.42M
Shared
0.00
None
0.00

AMERICAN WTR CAP CORP

SOLE
NOTE 3.625% 6/1
Shares11.83M
TypePRN
Market value$11.69M
11.46%
Sole
11.83M
Shared
0.00
None
0.00

UPSTART HLDGS INC

SOLE
NOTE 0.250% 8/1
Shares8.96M
TypePRN
Market value$8.71M
8.54%
Sole
8.96M
Shared
0.00
None
0.00

BLACKSTONE MORTGAGE TRUST IN

SOLE
NOTE 5.500% 3/1
Shares7.18M
TypePRN
Market value$7.09M
6.95%
Sole
7.18M
Shared
0.00
None
0.00

MARRIOTT VACATIONS WORLDWIDE

SOLE
NOTE 3.250%12/1
Shares5.56M
TypePRN
Market value$5.29M
5.19%
Sole
5.56M
Shared
0.00
None
0.00

TELADOC HEALTH INC

SOLE
NOTE 1.250% 6/0
Shares4.93M
TypePRN
Market value$4.68M
4.59%
Sole
4.93M
Shared
0.00
None
0.00

REDWOOD TRUST INC

SOLE
NOTE 7.750% 6/1
Shares3.96M
TypePRN
Market value$3.96M
3.88%
Sole
3.96M
Shared
0.00
None
0.00

ZIFF DAVIS INC

SOLE
NOTE 1.750%11/0
Shares2.68M
TypePRN
Market value$2.60M
2.55%
Sole
2.68M
Shared
0.00
None
0.00

UPWORK INC

SOLE
NOTE 0.250% 8/1
Shares2.61M
TypePRN
Market value$2.54M
2.49%
Sole
2.61M
Shared
0.00
None
0.00

DUKE ENERGY CORP NEW

SOLE
NOTE 4.125% 4/1
Shares1.71M
TypePRN
Market value$1.91M
1.87%
Sole
1.71M
Shared
0.00
None
0.00

PROGRESS SOFTWARE CORP

SOLE
NOTE 1.000% 4/1
Shares900K
TypePRN
Market value$897.8K
0.88%
Sole
900K
Shared
0.00
None
0.00

Q2 HLDGS INC

SOLE
NOTE 0.750% 6/0
Shares390K
TypePRN
Market value$387.4K
0.38%
Sole
390K
Shared
0.00
None
0.00

ZEO ENERGY CORP

SOLE
CL A
Shares507.50K
TypeSH
Market value$291.3K
0.29%
Sole
507.50K
Shared
0.00
None
0.00

SHATTUCK LABS INC

SOLE
COM
Shares39.47K
TypeSH
Market value$253.8K
0.25%
Sole
39.47K
Shared
0.00
None
0.00

AFFIRM HLDGS INC

SOLE
NOTE 11/1
Shares192K
TypePRN
Market value$185.8K
0.18%
Sole
192K
Shared
0.00
None
0.00

COINBASE GLOBAL INC

SOLE
NOTE 0.500% 6/0
Shares139K
TypePRN
Market value$137.9K
0.14%
Sole
139K
Shared
0.00
None
0.00

PEBBLEBROOK HOTEL TR

SOLE
NOTE 1.750%12/1
Shares84K
TypePRN
Market value$81.8K
0.08%
Sole
84K
Shared
0.00
None
0.00

WAYFAIR INC

SOLE
NOTE 1.000% 8/1
Shares34K
TypePRN
Market value$32.0K
0.03%
Sole
34K
Shared
0.00
None
0.00