PIPER SANDLER & CO. Quant / Systematic

CIK: 0000724683 · Show all filings

Period: Q4 2023 (← Previous) (Next →)

Filing Date: Feb 12, 2024

Total Value ($000): $132,481 (0.8% shares, 99.2% debt)

Holdings (20)

— TESLA INC 36.0%

Value ($000) $47,640 Shares 4,000,000 Est. Cost $11.91 Unrealized —

— NICE SYS INC 21.6%

Value ($000) $28,657 Shares 13,495,000 Est. Cost $2.12 Unrealized —

— WESTERN DIGITAL CORP. 15.3%

Value ($000) $20,274 Shares 20,355,000 Est. Cost $0.98 Unrealized —

— JAZZ INVESTMENTS I LTD 5.2%

Value ($000) $6,894 Shares 7,100,000 Est. Cost $0.97 Unrealized —

— PENNYMAC CORP 3.9%

Value ($000) $5,168 Shares 5,314,000 Est. Cost $0.97 Unrealized —

— MFA FINL INC 3.8%

Value ($000) $5,032 Shares 5,057,000 Est. Cost $0.99 Unrealized —

— HERBALIFE LTD 3.4%

Value ($000) $4,459 Shares 4,520,000 Est. Cost $0.96 Unrealized —

— PIONEER NAT RES CO 3.3%

Value ($000) $4,406 Shares 1,805,000 Est. Cost $2.44 Unrealized —

— GREENBRIER COS INC 2.1%

Value ($000) $2,836 Shares 2,865,000 Est. Cost $0.99 Unrealized —

— CHEGG INC 1.7%

Value ($000) $2,301 Shares 2,500,000 Est. Cost $0.92 Unrealized —

— KAMAN CORP 1.7%

Value ($000) $2,223 Shares 2,292,000 Est. Cost $0.97 Unrealized —

— 8X8 INC NEW 1.1%

Value ($000) $1,481 Shares 1,500,000 Est. Cost $0.99 Unrealized —

SEI SOLARIS OILFIELD INFRASTRUCT 0.3%

Value ($000) $382 Shares 48,039 Est. Cost $8.44 Unrealized 0.0%

OPFI OPPFI INC 0.2%

Value ($000) $304 Shares 59,438 Est. Cost $4.24 Unrealized -24.8%

STTK SHATTUCK LABS INC 0.2%

Value ($000) $281 Shares 39,467 Est. Cost $27.08 Unrealized -89.9%

ACDC PROFRAC HLDG CORP 0.1%

Value ($000) $69 Shares 8,164 Est. Cost $22.09 Unrealized -60.3%

REEWF CARTESIAN GROWTH CORP II 0.0%

Value ($000) $52 Shares 402,500 Est. Cost $0.12 Unrealized —

OPFI/WS OPPFI INC 0.0%

Value ($000) $12 Shares 29,719 Est. Cost $0.50 Unrealized —

PHVS PHARVARIS N V 0.0%

Value ($000) $5 Shares 181 Est. Cost $20.23 Unrealized 0.0%

— REDWOOD TRUST INC 0.0%

Value ($000) $5 Shares 5,000 Est. Cost $0.98 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	TESLA INC	4,000,000	$47,640	36.0%	$11.91	—	NOTE 2.000% 5/1	88160RAG6
—	NICE SYS INC	13,495,000	$28,657	21.6%	$2.12	—	NOTE 1.250% 1/1	65366HAB9
—	WESTERN DIGITAL CORP.	20,355,000	$20,274	15.3%	$0.98	—	NOTE 1.500% 2/0	958102AP0
—	JAZZ INVESTMENTS I LTD	7,100,000	$6,894	5.2%	$0.97	—	NOTE 1.500% 8/1	472145AD3
—	PENNYMAC CORP	5,314,000	$5,168	3.9%	$0.97	—	NOTE 5.500%11/0	70932AAD5
—	MFA FINL INC	5,057,000	$5,032	3.8%	$0.99	—	NOTE 6.250% 6/1	55272XAA0
—	HERBALIFE LTD	4,520,000	$4,459	3.4%	$0.96	—	NOTE 2.625% 3/1	42703MAD5
—	PIONEER NAT RES CO	1,805,000	$4,406	3.3%	$2.44	—	NOTE 0.250% 5/1	723787AP2
—	GREENBRIER COS INC	2,865,000	$2,836	2.1%	$0.99	—	NOTE 2.875% 2/0	393657AK7
—	CHEGG INC	2,500,000	$2,301	1.7%	$0.92	—	NOTE 0.125% 3/1	163092AD1
—	KAMAN CORP	2,292,000	$2,223	1.7%	$0.97	—	NOTE 3.250% 5/0	483548AF0
—	8X8 INC NEW	1,500,000	$1,481	1.1%	$0.99	—	NOTE 0.500% 2/0	282914AB6
SEI	SOLARIS OILFIELD INFRASTRUCT	48,039	$382	0.3%	$8.44	0.0%	COM CL A	83418M103
OPFI	OPPFI INC	59,438	$304	0.2%	$4.24	-24.8%	COM CL A	68386H103
STTK	SHATTUCK LABS INC	39,467	$281	0.2%	$27.08	-89.9%	COM	82024L103
ACDC	PROFRAC HLDG CORP	8,164	$69	0.1%	$22.09	-60.3%	CLASS A COM	74319N100
REEWF	CARTESIAN GROWTH CORP II	402,500	$52	0.0%	$0.12	—	*W EXP 07/12/202	G19305120
OPFI/WS	OPPFI INC	29,719	$12	0.0%	$0.50	—	*W EXP 07/20/202	68386H111
PHVS	PHARVARIS N V	181	$5	0.0%	$20.23	0.0%	COM	N69605108
—	REDWOOD TRUST INC	5,000	$5	0.0%	$0.98	—	NOTE 5.625% 7/1	758075AD7