PIPER SANDLER & CO. Quant / Systematic

Location: Minneapolis, MN

CIK: 0000724683 · Show all filings

Period: Q3 2018 (← Previous) (Next →)

Filing Date: Nov 14, 2018

Total Value: $120M (0.2% shares, 99.8% debt)

Holdings (19)

— CITRIX SYS INC 33.5%

Value $40.32M Shares 26,715,000 Share Price $1.51 Est. Cost/Share $1.51 Unrealized @ Report Date —

— SQUARE INC 26.1%

Value $31.39M Shares 7,300,000 Share Price $4.30 Est. Cost/Share $4.30 Unrealized @ Report Date —

— ANTHEM INC 18.2%

Value $21.85M Shares 5,790,000 Share Price $3.77 Est. Cost/Share $3.48 Unrealized @ Report Date —

— CIENA CORP 10.5%

Value $12.65M Shares 8,169,000 Share Price $1.55 Est. Cost/Share $1.55 Unrealized @ Report Date —

— MICRON TECHNOLOGY INC 5.3%

Value $6.409M Shares 4,132,000 Share Price $1.55 Est. Cost/Share $1.55 Unrealized @ Report Date —

— RED HAT INC 1.7%

Value $2.092M Shares 1,130,000 Share Price $1.85 Est. Cost/Share $1.95 Unrealized @ Report Date —

— NOVELLUS SYS INC 1.5%

Value $1.837M Shares 400,000 Share Price $4.59 Est. Cost/Share $4.59 Unrealized @ Report Date —

— PALO ALTO NETWORKS INC 1.4%

Value $1.729M Shares 849,000 Share Price $2.04 Est. Cost/Share $1.86 Unrealized @ Report Date —

— BIOMARIN PHARMACEUTICAL INC 0.9%

Value $1.036M Shares 1,000,000 Share Price $1.04 Est. Cost/Share $1.04 Unrealized @ Report Date —

— AIR LEASE CORP 0.7%

Value $786K Shares 500,000 Share Price $1.57 Est. Cost/Share $1.57 Unrealized @ Report Date —

— ASHFORD INC 0.1%

Value $159K Shares 2,100 Share Price $75.71 Est. Cost/Share $75.71 Unrealized @ Report Date —

CLBK COLUMBIA FINL INC 0.1%

Value $62,000 Shares 3,719 Share Price $16.67 Est. Cost/Share $16.70 Unrealized @ Report Date -0.0%

— ANDEAVOR 0.0%

Value $15,000 Shares 100 Share Price $150.00 Est. Cost/Share $150.00 Unrealized @ Report Date —

— MENLO THERAPEUTICS INC 0.0%

Value $9,000 Shares 878 Share Price $10.25 Est. Cost/Share $10.25 Unrealized @ Report Date —

NTRA NATERA INC 0.0%

Value $7,000 Shares 277 Share Price $25.27 * Est. Cost/Share $24.17 Unrealized @ Report Date -0.9%

ACIW ACI WORLDWIDE INC 0.0%

Value $6,000 Shares 200 Share Price $30.00 * Est. Cost/Share $27.28 Unrealized @ Report Date +3.2%

— RA MED SYS INC 0.0%

Value $6,000 Shares 351 Share Price $17.09 Est. Cost/Share $17.09 Unrealized @ Report Date —

— BLACK HILLS CORP 0.0%

Value $4,000 Shares 71 Share Price $56.34 Est. Cost/Share $56.34 Unrealized @ Report Date —

— FORESCOUT TECHNOLOGIES INC 0.0%

Value $0 Shares 9 Share Price $0.00 Est. Cost/Share — Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	CITRIX SYS INC	26,715,000	$40.32M	33.5%	$1.51	$1.51	—	NOTE 0.500% 4/1	177376AD2
—	SQUARE INC	7,300,000	$31.39M	26.1%	$4.30	$4.30	—	NOTE 0.375% 3/0	852234AB9
—	ANTHEM INC	5,790,000	$21.85M	18.2%	$3.77	$3.48	—	NOTE 2.750%10/1	94973VBG1
—	CIENA CORP	8,169,000	$12.65M	10.5%	$1.55	$1.55	—	NOTE 3.750%10/1	171779AJ0
—	MICRON TECHNOLOGY INC	4,132,000	$6.409M	5.3%	$1.55	$1.55	—	NOTE 3.000%11/1	595112AY9
—	RED HAT INC	1,130,000	$2.092M	1.7%	$1.85	$1.95	—	NOTE 0.250%10/0	756577AD4
—	NOVELLUS SYS INC	400,000	$1.837M	1.5%	$4.59	$4.59	—	NOTE 2.625% 5/1	670008AD3
—	PALO ALTO NETWORKS INC	849,000	$1.729M	1.4%	$2.04	$1.86	—	NOTE 7/0	697435AB1
—	BIOMARIN PHARMACEUTICAL INC	1,000,000	$1.036M	0.9%	$1.04	$1.04	—	NOTE 0.750%10/1	09061GAE1
—	AIR LEASE CORP	500,000	$786K	0.7%	$1.57	$1.57	—	NOTE 3.875%12/0	00912XAK0
—	ASHFORD INC	2,100	$159K	0.1%	$75.71	$75.71	—	COM	044104107
CLBK	COLUMBIA FINL INC	3,719	$62,000	0.1%	$16.67	$16.70	-0.0%	COM	197641103
—	ANDEAVOR	100	$15,000	0.0%	$150.00	$150.00	—	COM	03349M105
—	MENLO THERAPEUTICS INC	878	$9,000	0.0%	$10.25	$10.25	—	COM	586858102
NTRA	NATERA INC	277	$7,000	0.0%	$25.27 *	$24.17	-0.9%	COM	632307104
ACIW	ACI WORLDWIDE INC	200	$6,000	0.0%	$30.00 *	$27.28	+3.2%	COM	004498101
—	RA MED SYS INC	351	$6,000	0.0%	$17.09	$17.09	—	COM	74933X104
—	BLACK HILLS CORP	71	$4,000	0.0%	$56.34	$56.34	—	UNIT 99/99/9999	092113125
—	FORESCOUT TECHNOLOGIES INC	9	$0	0.0%	$0.00	—	—	COM	34553D101