PIPER SANDLER & CO. Quant / Systematic

CIK: 0000724683 · Show all filings

Period: Q3 2024 (← Previous) (Next →)

Filing Date: Nov 13, 2024

Total Value ($000): $148,164 (0.1% shares, 99.9% debt)

Holdings (37)

— INSIGHT ENTERPRISES INC 10.7%

Value ($000) $15,808 Shares 5,041,000 Est. Cost $3.14 Unrealized —

— BOOKING HOLDINGS INC 10.7%

Value ($000) $15,784 Shares 7,250,000 Est. Cost $2.18 Unrealized —

— PENNYMAC CORP 10.6%

Value ($000) $15,693 Shares 15,812,000 Est. Cost $0.98 Unrealized —

— CHART INDS INC 8.3%

Value ($000) $12,282 Shares 5,871,000 Est. Cost $2.09 Unrealized —

— LYFT INC 7.7%

Value ($000) $11,476 Shares 11,750,000 Est. Cost $0.98 Unrealized —

— PEGASYSTEMS INC 7.2%

Value ($000) $10,647 Shares 10,885,000 Est. Cost $0.98 Unrealized —

— FIVERR INTL LTD 5.3%

Value ($000) $7,816 Shares 8,350,000 Est. Cost $0.93 Unrealized —

— RWT HLDGS INC 3.6%

Value ($000) $5,277 Shares 5,385,000 Est. Cost $0.98 Unrealized —

— ENVESTNET INC 3.3%

Value ($000) $4,920 Shares 5,000,000 Est. Cost $0.98 Unrealized —

— CHEGG INC 3.2%

Value ($000) $4,788 Shares 5,000,000 Est. Cost $0.93 Unrealized —

— WIX COM LTD 3.2%

Value ($000) $4,763 Shares 5,000,000 Est. Cost $0.95 Unrealized —

— ENVESTNET INC 2.9%

Value ($000) $4,267 Shares 4,000,000 Est. Cost $1.07 Unrealized —

— RINGCENTRAL INC 2.5%

Value ($000) $3,759 Shares 3,863,000 Est. Cost $0.97 Unrealized —

— PARSONS CORP DEL 2.4%

Value ($000) $3,569 Shares 2,000,000 Est. Cost $1.78 Unrealized —

— BILIBILI INC 2.3%

Value ($000) $3,462 Shares 3,500,000 Est. Cost $0.99 Unrealized —

— NATIONAL VISION HLDGS INC 2.1%

Value ($000) $3,056 Shares 3,130,000 Est. Cost $0.98 Unrealized —

— PROSPECT CAP CORP 1.7%

Value ($000) $2,559 Shares 2,544,000 Est. Cost $0.99 Unrealized —

— FIVE9 INC 1.7%

Value ($000) $2,518 Shares 2,605,000 Est. Cost $0.97 Unrealized —

— I3 VERTICALS LLC 1.3%

Value ($000) $1,976 Shares 2,041,000 Est. Cost $0.97 Unrealized —

— PACIRA BIOSCIENCES INC 1.3%

Value ($000) $1,908 Shares 2,000,000 Est. Cost $0.95 Unrealized —

— INTEGRA LIFESCIENCES HLDGS C 1.3%

Value ($000) $1,898 Shares 2,000,000 Est. Cost $0.95 Unrealized —

— ARBOR REALTY TRUST INC 1.2%

Value ($000) $1,778 Shares 1,750,000 Est. Cost $0.98 Unrealized —

— LIVONGO HEALTH INC 1.1%

Value ($000) $1,580 Shares 1,633,000 Est. Cost $0.97 Unrealized —

— EVENTBRITE INC 1.0%

Value ($000) $1,470 Shares 1,500,000 Est. Cost $0.98 Unrealized —

— NUVASIVE INC 1.0%

Value ($000) $1,464 Shares 1,500,000 Est. Cost $0.98 Unrealized —

— IONIS PHARMACEUTICALS INC 0.7%

Value ($000) $983 Shares 1,000,000 Est. Cost $0.98 Unrealized —

— AFFIRM HLDGS INC 0.6%

Value ($000) $885 Shares 1,000,000 Est. Cost $0.89 Unrealized —

— AIR TRANS SVCS GROUP INC 0.5%

Value ($000) $804 Shares 801,000 Est. Cost $1.00 Unrealized —

— WAYFAIR INC 0.3%

Value ($000) $441 Shares 450,000 Est. Cost $0.98 Unrealized —

— PAGERDUTY INC 0.1%

Value ($000) $190 Shares 200,000 Est. Cost $0.95 Unrealized —

STTK SHATTUCK LABS INC 0.1%

Value ($000) $138 Shares 39,467 Est. Cost $27.08 Unrealized -86.2%

— WAYFAIR INC 0.1%

Value ($000) $86 Shares 90,000 Est. Cost $0.95 Unrealized —

ACDC PROFRAC HLDG CORP 0.0%

Value ($000) $55 Shares 8,164 Est. Cost $22.09 Unrealized -68.3%

— PALO ALTO NETWORKS INC 0.0%

Value ($000) $38 Shares 11,000 Est. Cost $2.78 Unrealized —

REEWF CARTESIAN GROWTH CORP II 0.0%

Value ($000) $24 Shares 402,500 Est. Cost $0.12 Unrealized —

FSEA FIRST SEACOAST BANCORP INC 0.0%

Value ($000) $1 Shares 94 Est. Cost $9.18 Unrealized 0.0%

BRBS BLUE RIDGE BANKSHARES INC VA 0.0%

Value ($000) $0 Shares 82 Est. Cost $2.58 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	INSIGHT ENTERPRISES INC	5,041,000	$15,808	10.7%	$3.14	—	NOTE 0.750% 2/1	45765UAB9
—	BOOKING HOLDINGS INC	7,250,000	$15,784	10.7%	$2.18	—	NOTE 0.750% 5/0	09857LAN8
—	PENNYMAC CORP	15,812,000	$15,693	10.6%	$0.98	—	NOTE 5.500%11/0	70932AAD5
—	CHART INDS INC	5,871,000	$12,282	8.3%	$2.09	—	NOTE 1.000%11/1	16115QAE0
—	LYFT INC	11,750,000	$11,476	7.7%	$0.98	—	NOTE 1.500% 5/1	55087PAB0
—	PEGASYSTEMS INC	10,885,000	$10,647	7.2%	$0.98	—	NOTE 0.750% 3/0	705573AB9
—	FIVERR INTL LTD	8,350,000	$7,816	5.3%	$0.93	—	NOTE 11/0	33835LAA3
—	RWT HLDGS INC	5,385,000	$5,277	3.6%	$0.98	—	NOTE 5.750%10/0	749772AD1
—	ENVESTNET INC	5,000,000	$4,920	3.3%	$0.98	—	NOTE 0.750% 8/1	29404KAE6
—	CHEGG INC	5,000,000	$4,788	3.2%	$0.93	—	NOTE 0.125% 3/1	163092AD1
—	WIX COM LTD	5,000,000	$4,763	3.2%	$0.95	—	NOTE 8/1	92940WAD1
—	ENVESTNET INC	4,000,000	$4,267	2.9%	$1.07	—	NOTE 2.625%12/0	29404KAG1
—	RINGCENTRAL INC	3,863,000	$3,759	2.5%	$0.97	—	NOTE 3/0	76680RAF4
—	PARSONS CORP DEL	2,000,000	$3,569	2.4%	$1.78	—	NOTE 0.250% 8/1	70202LAB8
—	BILIBILI INC	3,500,000	$3,462	2.3%	$0.99	—	NOTE 0.500%12/0	090040AF3
—	NATIONAL VISION HLDGS INC	3,130,000	$3,056	2.1%	$0.98	—	NOTE 2.500% 5/1	63845RAB3
—	PROSPECT CAP CORP	2,544,000	$2,559	1.7%	$0.99	—	NOTE 6.375% 3/0	74348TAT9
—	FIVE9 INC	2,605,000	$2,518	1.7%	$0.97	—	NOTE 0.500% 6/0	338307AD3
—	I3 VERTICALS LLC	2,041,000	$1,976	1.3%	$0.97	—	NOTE 1.000% 2/1	44933TAB2
—	PACIRA BIOSCIENCES INC	2,000,000	$1,908	1.3%	$0.95	—	NOTE 0.750% 8/0	695127AF7
—	INTEGRA LIFESCIENCES HLDGS C	2,000,000	$1,898	1.3%	$0.95	—	NOTE 0.500% 8/1	457985AM1
—	ARBOR REALTY TRUST INC	1,750,000	$1,778	1.2%	$0.98	—	NOTE 7.500% 8/0	038923BA5
—	LIVONGO HEALTH INC	1,633,000	$1,580	1.1%	$0.97	—	NOTE 0.875% 6/0	539183AA1
—	EVENTBRITE INC	1,500,000	$1,470	1.0%	$0.98	—	NOTE 5.000%12/0	29975EAB5
—	NUVASIVE INC	1,500,000	$1,464	1.0%	$0.98	—	NOTE 0.375% 3/1	670704AJ4
—	IONIS PHARMACEUTICALS INC	1,000,000	$983	0.7%	$0.98	—	NOTE 0.125%12/1	462222AB6
—	AFFIRM HLDGS INC	1,000,000	$885	0.6%	$0.89	—	NOTE 11/1	00827BAB2
—	AIR TRANS SVCS GROUP INC	801,000	$804	0.5%	$1.00	—	NOTE 1.125%10/1	00922RAB1
—	WAYFAIR INC	450,000	$441	0.3%	$0.98	—	NOTE 1.125%11/0	94419LAD3
—	PAGERDUTY INC	200,000	$190	0.1%	$0.95	—	NOTE 1.250% 7/0	69553PAB6
STTK	SHATTUCK LABS INC	39,467	$138	0.1%	$27.08	-86.2%	COM	82024L103
—	WAYFAIR INC	90,000	$86	0.1%	$0.95	—	NOTE 0.625%10/0	94419LAM3
ACDC	PROFRAC HLDG CORP	8,164	$55	0.0%	$22.09	-68.3%	CLASS A COM	74319N100
—	PALO ALTO NETWORKS INC	11,000	$38	0.0%	$2.78	—	NOTE 0.375% 6/0	697435AF2
REEWF	CARTESIAN GROWTH CORP II	402,500	$24	0.0%	$0.12	—	*W EXP 07/12/202	G19305120
FSEA	FIRST SEACOAST BANCORP INC	94	$1	0.0%	$9.18	0.0%	COM	33631F104
BRBS	BLUE RIDGE BANKSHARES INC VA	82	$0	0.0%	$2.58	0.0%	COM	095825105