PIPER SANDLER & CO. Quant / Systematic

Location: Minneapolis, MN

CIK: 0000724683 · Show all filings

Period: Q2 2020 (← Previous) (Next →)

Filing Date: Aug 13, 2020

Total Value: $107M (11.2% shares, 88.8% debt)

Holdings (19)

— WORKDAY INC 18.0%

Value $19.29M Shares 8,750,000 Share Price $2.21 Est. Cost/Share $2.21 Unrealized @ Report Date —

— ENCORE CAP GROUP INC 14.6%

Value $15.67M Shares 15,800,000 Share Price $0.99 Est. Cost/Share $0.99 Unrealized @ Report Date —

— PORTFOLIO RECOVERY ASSOCS IN 13.3%

Value $14.23M Shares 14,315,000 Share Price $0.99 Est. Cost/Share $0.98 Unrealized @ Report Date —

— CTRIP COM INTL LTD 10.2%

Value $10.87M Shares 11,007,000 Share Price $0.99 Est. Cost/Share $0.99 Unrealized @ Report Date —

— RESTORATION HARDWARE HLDGS I 9.8%

Value $10.54M Shares 5,500,000 Share Price $1.92 Est. Cost/Share $1.45 Unrealized @ Report Date —

— CARDTRONICS INC 6.4%

Value $6.807M Shares 6,902,000 Share Price $0.99 Est. Cost/Share $0.99 Unrealized @ Report Date —

— CENTERPOINT ENERGY INC 5.9%

Value $6.366M Shares 179,024 Share Price $35.56 Est. Cost/Share $43.74 Unrealized @ Report Date —

— SERVICENOW INC 5.6%

Value $6.002M Shares 2,000,000 Share Price $3.00 Est. Cost/Share $3.00 Unrealized @ Report Date —

— ON SEMICONDUCTOR CORP 5.0%

Value $5.325M Shares 4,569,000 Share Price $1.17 Est. Cost/Share $1.11 Unrealized @ Report Date —

— SOUTH JERSEY INDS INC 3.6%

Value $3.861M Shares 93,256 Share Price $41.40 Est. Cost/Share $46.98 Unrealized @ Report Date —

— SEACOR HOLDINGS INC 2.8%

Value $2.966M Shares 3,080,000 Share Price $0.96 Est. Cost/Share $0.98 Unrealized @ Report Date —

— TESLA INC 2.2%

Value $2.396M Shares 800,000 Share Price $3.00 Est. Cost/Share $1.57 Unrealized @ Report Date —

— CROWN CASTLE INTL CORP NEW 1.2%

Value $1.337M Shares 900 Share Price $1485.56 Est. Cost/Share $1262.22 Unrealized @ Report Date —

— AMERICAN RLTY CAP PPTYS INC 0.9%

Value $988K Shares 1,000,000 Share Price $0.99 Est. Cost/Share $0.99 Unrealized @ Report Date —

— U S WELL SVCS INC 0.2%

Value $250K Shares 509,337 Share Price $0.49 Est. Cost/Share $7.98 Unrealized @ Report Date —

RBB RBB BANCORP 0.1%

Value $147K Shares 10,777 Share Price $13.64 Est. Cost/Share $17.91 Unrealized @ Report Date -23.8%

FHN FIRST HORIZON NATL CORP 0.0%

Value $23,000 Shares 2,286 Share Price $10.06 * Est. Cost/Share $7.35 Unrealized @ Report Date +10.7%

— OYSTER PT PHARMA INC 0.0%

Value $14,000 Shares 500 Share Price $28.00 Est. Cost/Share $28.00 Unrealized @ Report Date —

— CONSOLIDATED COMM HLDGS INC 0.0%

Value $1,000 Shares 200 Share Price $5.00 Est. Cost/Share $5.00 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	WORKDAY INC	8,750,000	$19.29M	18.0%	$2.21	$2.21	—	NOTE 1.500% 7/1	98138HAD3
—	ENCORE CAP GROUP INC	15,800,000	$15.67M	14.6%	$0.99	$0.99	—	NOTE 3.000% 7/0	292554AF9
—	PORTFOLIO RECOVERY ASSOCS IN	14,315,000	$14.23M	13.3%	$0.99	$0.98	—	NOTE 3.000% 8/0	73640QAB1
—	CTRIP COM INTL LTD	11,007,000	$10.87M	10.2%	$0.99	$0.99	—	DBCV 1.990% 7/0	22943FAH3
—	RESTORATION HARDWARE HLDGS I	5,500,000	$10.54M	9.8%	$1.92	$1.45	—	DBCV 7/1	761283AC4
—	CARDTRONICS INC	6,902,000	$6.807M	6.4%	$0.99	$0.99	—	NOTE 1.000%12/0	14161HAG3
—	CENTERPOINT ENERGY INC	179,024	$6.366M	5.9%	$35.56	$43.74	—	DEP RP PFD CV B	15189T503
—	SERVICENOW INC	2,000,000	$6.002M	5.6%	$3.00	$3.00	—	NOTE 6/0	81762PAC6
—	ON SEMICONDUCTOR CORP	4,569,000	$5.325M	5.0%	$1.17	$1.11	—	NOTE 1.000%12/0	682189AK1
—	SOUTH JERSEY INDS INC	93,256	$3.861M	3.6%	$41.40	$46.98	—	UNIT 99/99/9999	838518116
—	SEACOR HOLDINGS INC	3,080,000	$2.966M	2.8%	$0.96	$0.98	—	NOTE 3.000%11/1	81170YAB5
—	TESLA INC	800,000	$2.396M	2.2%	$3.00	$1.57	—	NOTE 1.250% 3/0	88160RAC5
—	CROWN CASTLE INTL CORP NEW	900	$1.337M	1.2%	$1485.56	$1262.22	—	6.875% CON PFD A	22822V309
—	AMERICAN RLTY CAP PPTYS INC	1,000,000	$988K	0.9%	$0.99	$0.99	—	NOTE 3.750%12/1	02917TAB0
—	U S WELL SVCS INC	509,337	$250K	0.2%	$0.49	$7.98	—	CL A	91274U101
RBB	RBB BANCORP	10,777	$147K	0.1%	$13.64	$17.91	-23.8%	COM	74930B105
FHN	FIRST HORIZON NATL CORP	2,286	$23,000	0.0%	$10.06 *	$7.35	+10.7%	COM	320517105
—	OYSTER PT PHARMA INC	500	$14,000	0.0%	$28.00	$28.00	—	COM	69242L106
—	CONSOLIDATED COMM HLDGS INC	200	$1,000	0.0%	$5.00	$5.00	—	COM	209034107