PIPER SANDLER & CO. Quant / Systematic

Location: Minneapolis, MN

CIK: 0000724683 · Show all filings

Period: Q3 2020 (← Previous) (Next →)

Filing Date: Nov 12, 2020

Total Value: $134M (5.6% shares, 94.4% debt)

Holdings (26)

— TESLA INC 28.7%

Value $38.3M Shares 6,485,000 Share Price $5.91 Est. Cost/Share $5.37 Unrealized @ Report Date —

— SERVICENOW INC 28.2%

Value $37.66M Shares 11,021,000 Share Price $3.42 Est. Cost/Share $3.34 Unrealized @ Report Date —

— CARDTRONICS INC 11.0%

Value $14.65M Shares 14,706,000 Share Price $1.00 Est. Cost/Share $0.99 Unrealized @ Report Date —

— FIVE9 INC 5.9%

Value $7.944M Shares 2,573,000 Share Price $3.09 Est. Cost/Share $3.09 Unrealized @ Report Date —

— ON SEMICONDUCTOR CORP 4.1%

Value $5.503M Shares 4,569,000 Share Price $1.20 Est. Cost/Share $1.11 Unrealized @ Report Date —

— SOUTH JERSEY INDS INC 3.7%

Value $4.947M Shares 148,256 Share Price $33.37 Est. Cost/Share $41.93 Unrealized @ Report Date —

— TEVA PHARMACEUTICAL FIN LLC 3.6%

Value $4.852M Shares 5,000,000 Share Price $0.97 Est. Cost/Share $0.97 Unrealized @ Report Date —

— RINGCENTRAL INC 3.5%

Value $4.627M Shares 1,400,000 Share Price $3.31 Est. Cost/Share $3.31 Unrealized @ Report Date —

— INPHI CORP 2.4%

Value $3.189M Shares 1,663,000 Share Price $1.92 Est. Cost/Share $1.92 Unrealized @ Report Date —

— WELLPOINT INC 2.1%

Value $2.77M Shares 734,000 Share Price $3.77 Est. Cost/Share $3.77 Unrealized @ Report Date —

— AMERICAN RLTY CAP PPTYS INC 1.4%

Value $1.926M Shares 1,908,000 Share Price $1.01 Est. Cost/Share $1.00 Unrealized @ Report Date —

— SPIRIT RLTY CAP INC NEW 1.4%

Value $1.827M Shares 1,800,000 Share Price $1.01 Est. Cost/Share $1.01 Unrealized @ Report Date —

— TUTOR PERINI CORP 1.3%

Value $1.775M Shares 1,790,000 Share Price $0.99 Est. Cost/Share $0.99 Unrealized @ Report Date —

— ENCORE CAP GROUP INC 0.8%

Value $1.029M Shares 1,034,000 Share Price $1.00 Est. Cost/Share $1.00 Unrealized @ Report Date —

— SEMPRA ENERGY 0.7%

Value $985K Shares 10,000 Share Price $98.50 Est. Cost/Share $98.50 Unrealized @ Report Date —

— FG NEW AMER ACQUISITION CORP 0.4%

Value $563K Shares 56,250 Share Price $10.01 Est. Cost/Share $10.01 Unrealized @ Report Date —

ALXO ALX ONCOLOGY HLDGS INC 0.2%

Value $223K Shares 5,900 Share Price $37.80 Est. Cost/Share $39.31 Unrealized @ Report Date -4.0%

— BROOKFIELD INFRASTRUCTURE CO 0.2%

Value $208K Shares 3,759 Share Price $55.33 Est. Cost/Share $55.33 Unrealized @ Report Date —

— U S WELL SVCS INC 0.1%

Value $138K Shares 509,337 Share Price $0.27 Est. Cost/Share $7.98 Unrealized @ Report Date —

RBB RBB BANCORP 0.1%

Value $122K Shares 10,777 Share Price $11.32 Est. Cost/Share $17.91 Unrealized @ Report Date -36.7%

KROS KEROS THERAPEUTICS INC 0.1%

Value $77,000 Shares 2,000 Share Price $38.50 Est. Cost/Share $39.66 Unrealized @ Report Date -2.7%

— POSEIDA THERAPEUTICS INC 0.1%

Value $74,000 Shares 8,298 Share Price $8.92 Est. Cost/Share $8.92 Unrealized @ Report Date —

— LIBERTY MEDIA CORP DEL 0.0%

Value $52,000 Shares 1,435 Share Price $36.24 Est. Cost/Share $36.24 Unrealized @ Report Date —

MCHP MICROCHIP TECHNOLOGY INC. 0.0%

Value $43,000 Shares 418 Share Price $102.87 * Est. Cost/Share $46.84 Unrealized @ Report Date -1.1%

— NEW FRONTIER HEALTH CORP 0.0%

Value $18,000 Shares 2,400 Share Price $7.50 Est. Cost/Share $7.50 Unrealized @ Report Date —

BANF BANCFIRST CORP 0.0%

Value $12,000 Shares 300 Share Price $40.00 * Est. Cost/Share $37.94 Unrealized @ Report Date -2.3%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	TESLA INC	6,485,000	$38.3M	28.7%	$5.91	$5.37	—	NOTE 1.250% 3/0	88160RAC5
—	SERVICENOW INC	11,021,000	$37.66M	28.2%	$3.42	$3.34	—	NOTE 6/0	81762PAC6
—	CARDTRONICS INC	14,706,000	$14.65M	11.0%	$1.00	$0.99	—	NOTE 1.000%12/0	14161HAG3
—	FIVE9 INC	2,573,000	$7.944M	5.9%	$3.09	$3.09	—	NOTE 0.125% 5/0	338307AB7
—	ON SEMICONDUCTOR CORP	4,569,000	$5.503M	4.1%	$1.20	$1.11	—	NOTE 1.000%12/0	682189AK1
—	SOUTH JERSEY INDS INC	148,256	$4.947M	3.7%	$33.37	$41.93	—	UNIT 99/99/9999	838518116
—	TEVA PHARMACEUTICAL FIN LLC	5,000,000	$4.852M	3.6%	$0.97	$0.97	—	DBCV 0.250% 2/0	88163VAE9
—	RINGCENTRAL INC	1,400,000	$4.627M	3.5%	$3.31	$3.31	—	NOTE 3/1	76680RAD9
—	INPHI CORP	1,663,000	$3.189M	2.4%	$1.92	$1.92	—	NOTE 0.750% 9/0	45772FAC1
—	WELLPOINT INC	734,000	$2.77M	2.1%	$3.77	$3.77	—	NOTE 2.750%10/1	94973VBG1
—	AMERICAN RLTY CAP PPTYS INC	1,908,000	$1.926M	1.4%	$1.01	$1.00	—	NOTE 3.750%12/1	02917TAB0
—	SPIRIT RLTY CAP INC NEW	1,800,000	$1.827M	1.4%	$1.01	$1.01	—	NOTE 3.750% 5/1	84860WAB8
—	TUTOR PERINI CORP	1,790,000	$1.775M	1.3%	$0.99	$0.99	—	NOTE 2.875% 6/1	901109AD0
—	ENCORE CAP GROUP INC	1,034,000	$1.029M	0.8%	$1.00	$1.00	—	NOTE 2.875% 3/1	292554AH5
—	SEMPRA ENERGY	10,000	$985K	0.7%	$98.50	$98.50	—	6% PFD CONV A	816851406
—	FG NEW AMER ACQUISITION CORP	56,250	$563K	0.4%	$10.01	$10.01	—	UNIT 08/31/2027	30259V205
ALXO	ALX ONCOLOGY HLDGS INC	5,900	$223K	0.2%	$37.80	$39.31	-4.0%	COM	00166B105
—	BROOKFIELD INFRASTRUCTURE CO	3,759	$208K	0.2%	$55.33	$55.33	—	COM SB VTG SHS A	11275Q107
—	U S WELL SVCS INC	509,337	$138K	0.1%	$0.27	$7.98	—	CL A	91274U101
RBB	RBB BANCORP	10,777	$122K	0.1%	$11.32	$17.91	-36.7%	COM	74930B105
KROS	KEROS THERAPEUTICS INC	2,000	$77,000	0.1%	$38.50	$39.66	-2.7%	COM	492327101
—	POSEIDA THERAPEUTICS INC	8,298	$74,000	0.1%	$8.92	$8.92	—	COM	73730P108
—	LIBERTY MEDIA CORP DEL	1,435	$52,000	0.0%	$36.24	$36.24	—	COM SER C FRMLA	531229854
MCHP	MICROCHIP TECHNOLOGY INC.	418	$43,000	0.0%	$102.87 *	$46.84	-1.1%	COM	595017104
—	NEW FRONTIER HEALTH CORP	2,400	$18,000	0.0%	$7.50	$7.50	—	ORD SHS	G6461G106
BANF	BANCFIRST CORP	300	$12,000	0.0%	$40.00 *	$37.94	-2.3%	COM	05945F103