PIPER SANDLER & CO. Quant / Systematic

Location: Minneapolis, MN

CIK: 0000724683 · Show all filings

Period: Q1 2022 (← Previous) (Next →)

Filing Date: May 13, 2022

Total Value: $132M (34.7% shares, 65.3% debt)

Holdings (37)

— TERADYNE INC 28.0%

Value $37.06M Shares 10,148,000 Share Price $3.65 Est. Cost/Share $3.65 Unrealized @ Report Date —

— DANAHER CORPORATION 19.8%

Value $26.23M Shares 13,427 Share Price $1953.23 Est. Cost/Share $1953.23 Unrealized @ Report Date —

— BLACKSTONE MORTGAGE TRUST IN 10.5%

Value $13.92M Shares 13,921,000 Share Price $1.00 Est. Cost/Share $1.00 Unrealized @ Report Date —

— AVANTOR INC 10.4%

Value $13.79M Shares 133,447 Share Price $103.31 Est. Cost/Share $103.31 Unrealized @ Report Date —

— SERVICENOW INC 7.5%

Value $9.901M Shares 2,400,000 Share Price $4.13 Est. Cost/Share $3.95 Unrealized @ Report Date —

— MANDIANT INC 4.7%

Value $6.148M Shares 6,179,000 Share Price $0.99 Est. Cost/Share $0.99 Unrealized @ Report Date —

— NICE SYS INC 3.9%

Value $5.113M Shares 2,015,000 Share Price $2.54 Est. Cost/Share $2.61 Unrealized @ Report Date —

— TESLA INC 3.3%

Value $4.392M Shares 258,000 Share Price $17.02 Est. Cost/Share $11.27 Unrealized @ Report Date —

— APOLLO COML REAL ESTATE FIN 3.0%

Value $4.022M Shares 4,040,000 Share Price $1.00 Est. Cost/Share $1.00 Unrealized @ Report Date —

— VONAGE HLDGS CORP 2.4%

Value $3.163M Shares 2,397,000 Share Price $1.32 Est. Cost/Share $1.32 Unrealized @ Report Date —

— VEONEER INC 1.9%

Value $2.544M Shares 1,500,000 Share Price $1.70 Est. Cost/Share $1.70 Unrealized @ Report Date —

VRP INVESCO EXCH TRADED FD TR II 1.3%

Value $1.711M Shares 70,000 Share Price $24.44 Est. Cost/Share $24.95 Unrealized @ Report Date -2.0%

— DTE ENERGY CO 1.0%

Value $1.264M Shares 23,724 Share Price $53.28 Est. Cost/Share $53.28 Unrealized @ Report Date —

— ATLANTIC AVE ACQUISITION COR 0.2%

Value $247K Shares 25,000 Share Price $9.88 Est. Cost/Share $9.88 Unrealized @ Report Date —

— ABG ACQUISITION CORP I 0.2%

Value $245K Shares 25,000 Share Price $9.80 Est. Cost/Share $9.80 Unrealized @ Report Date —

— HEALTHCARE SERVICES ACQU COR 0.2%

Value $245K Shares 25,000 Share Price $9.80 Est. Cost/Share $9.80 Unrealized @ Report Date —

SLAMF SLAM CORP 0.2%

Value $245K Shares 25,100 Share Price $9.76 Est. Cost/Share $9.74 Unrealized @ Report Date 0.0%

Value $245K Shares 25,003 Share Price $9.80 Est. Cost/Share $9.80 Unrealized @ Report Date —

— DA32 LIFE SCNCE TEC ACQSTN C 0.2%

Value $244K Shares 25,003 Share Price $9.76 Est. Cost/Share $9.76 Unrealized @ Report Date —

— LERER HIPPEAU ACQUISITION CO 0.2%

Value $244K Shares 25,026 Share Price $9.75 Est. Cost/Share $9.75 Unrealized @ Report Date —

— COLOMBIER ACQUISITION CORP 0.2%

Value $242K Shares 25,000 Share Price $9.68 Est. Cost/Share $9.68 Unrealized @ Report Date —

OPFI OPPFI INC 0.2%

Value $204K Shares 59,438 Share Price $3.43 Est. Cost/Share $4.24 Unrealized @ Report Date -19.1%

STTK SHATTUCK LABS INC 0.1%

Value $168K Shares 39,467 Share Price $4.26 Est. Cost/Share $27.08 Unrealized @ Report Date -84.3%

— VECTOR ACQUISITION CORP II 0.1%

Value $165K Shares 16,888 Share Price $9.77 Est. Cost/Share $9.77 Unrealized @ Report Date —

— US WELL SERVICES INC 0.1%

Value $160K Shares 145,525 Share Price $1.10 Est. Cost/Share $1.10 Unrealized @ Report Date —

— FINTECH EVOLUTION ACQUIS GRO 0.0%

Value $56,000 Shares 5,705 Share Price $9.82 Est. Cost/Share $9.82 Unrealized @ Report Date —

— BCLS ACQUISITION CORP 0.0%

Value $55,000 Shares 5,603 Share Price $9.82 Est. Cost/Share $9.82 Unrealized @ Report Date —

— BITE ACQUISITION CORP 0.0%

Value $51,000 Shares 5,200 Share Price $9.81 Est. Cost/Share $9.81 Unrealized @ Report Date —

— BLACKROCK CAP INVT CORP 0.0%

Value $50,000 Shares 50,000 Share Price $1.00 Est. Cost/Share $1.00 Unrealized @ Report Date —

Value $21,000 Shares 13,000 Share Price $1.62 Est. Cost/Share $1.62 Unrealized @ Report Date —

OPFI/WS OPPFI INC 0.0%

Value $15,000 Shares 29,719 Share Price $0.50 Est. Cost/Share $0.50 Unrealized @ Report Date —

— LIMESTONE BANCORP INC 0.0%

Value $12,000 Shares 573 Share Price $20.94 Est. Cost/Share $20.94 Unrealized @ Report Date —

— FOOT LOCKER INC 0.0%

Value $8,000 Shares 271 Share Price $29.52 Est. Cost/Share $29.52 Unrealized @ Report Date —

OBT ORANGE CNTY BANCORP INC 0.0%

Value $4,000 Shares 98 Share Price $40.82 * Est. Cost/Share $20.39 Unrealized @ Report Date -1.9%

DOLE DOLE PLC 0.0%

Value $1,000 Shares 102 Share Price $9.80 * Est. Cost/Share $12.61 Unrealized @ Report Date -9.9%

— BERRY GLOBAL GROUP INC 0.0%

Value $0 Shares 1 Share Price $0.00 Est. Cost/Share — Unrealized @ Report Date —

MVIS MICROVISION INC DEL 0.0%

Value $0 Shares 86 Share Price $0.00 Est. Cost/Share $3.94 Unrealized @ Report Date +18.4%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	TERADYNE INC	10,148,000	$37.06M	28.0%	$3.65	$3.65	—	NOTE 1.250%12/1	880770AG7
—	DANAHER CORPORATION	13,427	$26.23M	19.8%	$1953.23	$1953.23	—	4.75 MND CV PFD	235851300
—	BLACKSTONE MORTGAGE TRUST IN	13,921,000	$13.92M	10.5%	$1.00	$1.00	—	NOTE 4.375% 5/0	09257WAB6
—	AVANTOR INC	133,447	$13.79M	10.4%	$103.31	$103.31	—	6.25 PFD CNV SR	05352A209
—	SERVICENOW INC	2,400,000	$9.901M	7.5%	$4.13	$3.95	—	NOTE 6/0	81762PAC6
—	MANDIANT INC	6,179,000	$6.148M	4.7%	$0.99	$0.99	—	NOTE 1.625% 6/0	31816QAD3
—	NICE SYS INC	2,015,000	$5.113M	3.9%	$2.54	$2.61	—	NOTE 1.250% 1/1	65366HAB9
—	TESLA INC	258,000	$4.392M	3.3%	$17.02	$11.27	—	NOTE 2.000% 5/1	88160RAG6
—	APOLLO COML REAL ESTATE FIN	4,040,000	$4.022M	3.0%	$1.00	$1.00	—	NOTE 4.750% 8/2	03762UAB1
—	VONAGE HLDGS CORP	2,397,000	$3.163M	2.4%	$1.32	$1.32	—	NOTE 1.750% 6/0	92886TAJ1
—	VEONEER INC	1,500,000	$2.544M	1.9%	$1.70	$1.70	—	NOTE 4.000% 6/0	92336XAA7
VRP	INVESCO EXCH TRADED FD TR II	70,000	$1.711M	1.3%	$24.44	$24.95	-2.0%	VAR RATE PFD	46138G870
—	DTE ENERGY CO	23,724	$1.264M	1.0%	$53.28	$53.28	—	UNIT 11/01/2022S	233331842
—	ATLANTIC AVE ACQUISITION COR	25,000	$247K	0.2%	$9.88	$9.88	—	COM CL A	04906P101
—	ABG ACQUISITION CORP I	25,000	$245K	0.2%	$9.80	$9.80	—	CL A SHS	G00496102
—	HEALTHCARE SERVICES ACQU COR	25,000	$245K	0.2%	$9.80	$9.80	—	COM CL A	42227K104
SLAMF	SLAM CORP	25,100	$245K	0.2%	$9.76	$9.74	0.0%	CL A SHS	G8210L105
—	TWO	25,003	$245K	0.2%	$9.80	$9.80	—	COM CL A	G9152V101
—	DA32 LIFE SCNCE TEC ACQSTN C	25,003	$244K	0.2%	$9.76	$9.76	—	CLASS A COM	23312M106
—	LERER HIPPEAU ACQUISITION CO	25,026	$244K	0.2%	$9.75	$9.75	—	CL A	526749106
—	COLOMBIER ACQUISITION CORP	25,000	$242K	0.2%	$9.68	$9.68	—	CL A	19533H108
OPFI	OPPFI INC	59,438	$204K	0.2%	$3.43	$4.24	-19.1%	COM CL A	68386H103
STTK	SHATTUCK LABS INC	39,467	$168K	0.1%	$4.26	$27.08	-84.3%	COM	82024L103
—	VECTOR ACQUISITION CORP II	16,888	$165K	0.1%	$9.77	$9.77	—	CL A SHS	G9460A104
—	US WELL SERVICES INC	145,525	$160K	0.1%	$1.10	$1.10	—	CL A NEW	91274U200
—	FINTECH EVOLUTION ACQUIS GRO	5,705	$56,000	0.0%	$9.82	$9.82	—	SHS CL A	G3R19A104
—	BCLS ACQUISITION CORP	5,603	$55,000	0.0%	$9.82	$9.82	—	COM CL A	G0904B105
—	BITE ACQUISITION CORP	5,200	$51,000	0.0%	$9.81	$9.81	—	COMMON STOCK	09175K105
—	BLACKROCK CAP INVT CORP	50,000	$50,000	0.0%	$1.00	$1.00	—	NOTE 5.000% 6/1	092533AC2
—	RH	13,000	$21,000	0.0%	$1.62	$1.62	—	NOTE 6/1	74967XAA1
OPFI/WS	OPPFI INC	29,719	$15,000	0.0%	$0.50	$0.50	—	*W EXP 07/20/202	68386H111
—	LIMESTONE BANCORP INC	573	$12,000	0.0%	$20.94	$20.94	—	COM	53262L105
—	FOOT LOCKER INC	271	$8,000	0.0%	$29.52	$29.52	—	COM	344849104
OBT	ORANGE CNTY BANCORP INC	98	$4,000	0.0%	$40.82 *	$20.39	-1.9%	COM	68417L107
DOLE	DOLE PLC	102	$1,000	0.0%	$9.80 *	$12.61	-9.9%	ORD SHS	G27907107
—	BERRY GLOBAL GROUP INC	1	$0	0.0%	$0.00	—	—	COM	08579W103
MVIS	MICROVISION INC DEL	86	$0	0.0%	$0.00	$3.94	+18.4%	COM NEW	594960304