PIPER SANDLER & CO. Quant / Systematic

CIK: 0000724683 · Show all filings

Period: Q2 2025 (← Previous) (Next →)

Filing Date: Aug 13, 2025

Total Value ($000): $129,642 (0.1% shares, 99.9% debt)

Holdings (20)

— NRG ENERGY INC 14.3%

Value ($000) $18,567 Shares 5,000,000 Est. Cost $3.71 Unrealized —

— INTEGRA LIFESCIENCES HLDGS C 14.0%

Value ($000) $18,188 Shares 18,395,000 Est. Cost $0.98 Unrealized —

— SOLAREDGE TECHNOLOGIES INC 10.5%

Value ($000) $13,630 Shares 14,070,000 Est. Cost $0.97 Unrealized —

— RWT HLDGS INC 9.7%

Value ($000) $12,564 Shares 12,595,000 Est. Cost $0.98 Unrealized —

— FIVERR INTL LTD 9.7%

Value ($000) $12,552 Shares 12,800,000 Est. Cost $0.94 Unrealized —

— ARBOR REALTY TRUST INC 7.8%

Value ($000) $10,156 Shares 10,169,000 Est. Cost $0.99 Unrealized —

— WAYFAIR INC 6.9%

Value ($000) $8,972 Shares 9,090,000 Est. Cost $0.97 Unrealized —

— TWO HARBORS INVENTMENT CORPO 5.5%

Value ($000) $7,160 Shares 7,223,000 Est. Cost $0.99 Unrealized —

— WIX COM LTD 5.1%

Value ($000) $6,620 Shares 6,670,000 Est. Cost $0.96 Unrealized —

— PACIRA BIOSCIENCES INC 4.0%

Value ($000) $5,131 Shares 5,154,000 Est. Cost $0.98 Unrealized —

— PENNYMAC CORP 3.2%

Value ($000) $4,090 Shares 4,111,000 Est. Cost $0.99 Unrealized —

— ENPHASE ENERGY INC 3.1%

Value ($000) $3,987 Shares 4,164,000 Est. Cost $0.96 Unrealized —

— MESA LABS INC 2.7%

Value ($000) $3,474 Shares 3,500,000 Est. Cost $0.99 Unrealized —

— FASTLY INC 2.2%

Value ($000) $2,881 Shares 3,000,000 Est. Cost $0.96 Unrealized —

— EVENTBRITE INC 1.2%

Value ($000) $1,493 Shares 1,500,000 Est. Cost $0.98 Unrealized —

ACDC PROFRAC HLDG CORP 0.0%

Value ($000) $63 Shares 8,164 Est. Cost $22.09 Unrealized -70.4%

— NICE LTD 0.0%

Value ($000) $39 Shares 40,000 Est. Cost $0.98 Unrealized —

— WAYFAIR INC 0.0%

Value ($000) $32 Shares 34,000 Est. Cost $0.94 Unrealized —

STTK SHATTUCK LABS INC 0.0%

Value ($000) $31 Shares 39,467 Est. Cost $27.08 Unrealized -96.4%

— OMNICELL COM 0.0%

Value ($000) $12 Shares 12,000 Est. Cost $0.97 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	NRG ENERGY INC	5,000,000	$18,567	14.3%	$3.71	—	DBCV 2.750% 6/0	629377CG5
—	INTEGRA LIFESCIENCES HLDGS C	18,395,000	$18,188	14.0%	$0.98	—	NOTE 0.500% 8/1	457985AM1
—	SOLAREDGE TECHNOLOGIES INC	14,070,000	$13,630	10.5%	$0.97	—	NOTE 9/1	83417MAD6
—	RWT HLDGS INC	12,595,000	$12,564	9.7%	$0.98	—	NOTE 5.750%10/0	749772AD1
—	FIVERR INTL LTD	12,800,000	$12,552	9.7%	$0.94	—	NOTE 11/0	33835LAA3
—	ARBOR REALTY TRUST INC	10,169,000	$10,156	7.8%	$0.99	—	NOTE 7.500% 8/0	038923BA5
—	WAYFAIR INC	9,090,000	$8,972	6.9%	$0.97	—	NOTE 0.625%10/0	94419LAM3
—	TWO HARBORS INVENTMENT CORPO	7,223,000	$7,160	5.5%	$0.99	—	NOTE 6.250% 1/1	90187BAB7
—	WIX COM LTD	6,670,000	$6,620	5.1%	$0.96	—	NOTE 8/1	92940WAD1
—	PACIRA BIOSCIENCES INC	5,154,000	$5,131	4.0%	$0.98	—	NOTE 0.750% 8/0	695127AF7
—	PENNYMAC CORP	4,111,000	$4,090	3.2%	$0.99	—	NOTE 5.500% 3/1	70932AAF0
—	ENPHASE ENERGY INC	4,164,000	$3,987	3.1%	$0.96	—	NOTE 3/0	29355AAH0
—	MESA LABS INC	3,500,000	$3,474	2.7%	$0.99	—	NOTE 1.375% 8/1	59064RAA7
—	FASTLY INC	3,000,000	$2,881	2.2%	$0.96	—	NOTE 3/1	31188VAB6
—	EVENTBRITE INC	1,500,000	$1,493	1.2%	$0.98	—	NOTE 5.000%12/0	29975EAB5
ACDC	PROFRAC HLDG CORP	8,164	$63	0.0%	$22.09	-70.4%	CLASS A COM	74319N100
—	NICE LTD	40,000	$39	0.0%	$0.98	—	NOTE 9/1	653656AB4
—	WAYFAIR INC	34,000	$32	0.0%	$0.94	—	NOTE 1.000% 8/1	94419LAF8
STTK	SHATTUCK LABS INC	39,467	$31	0.0%	$27.08	-96.4%	COM	82024L103
—	OMNICELL COM	12,000	$12	0.0%	$0.97	—	NOTE 0.250% 9/1	68213NAD1