PIPER SANDLER & CO.
Follow13F filer, CIK 724683, MINNEAPOLIS, MN
PIPER SANDLER & CO. reported $102,023,992 across 20 holdings for the quarter ended 2026-03-31, in a 13F-HR filed 2026-05-12. Its ten largest share positions make up 93.41% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0000724683-26-000047
- Period
- 2026-03-31
- Reported value
- $102M
- Holdings
- 20
- Top 10 weight
- 93.41%
- New
- 11
- Sold out
- 16
Largest buys vs the previous quarter
None.
Largest sells vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| ZEOreduced | -170,209 | -$97.7K |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Holdings, Q1 2026
Share positions as resolved from 13F-HR 0000724683-26-000047, largest first. % of portfolio is the value over $102,023,994, the sum of the share positions whose value is usable for ratios (method).
Principal amounts
Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| PENN ENTERTAINMENT INCPENN ENTERTAINMENT INC NOTE 2.750% 5/1 | principal | 19,267,000 | $19M | +14,997,000 |
| MGP INGREDIENTS INC NEWMGP INGREDIENTS INC NEW NOTE 1.875%11/1 | principal | 18,027,000 | $17.2M | +7,225,000 |
| CRACKER BARREL OLD CTRY STORCRACKER BARREL OLD CTRY STOR cv | principal | 15,420,000 | $15.1M | +8,250,000 |
| AMERICAN WTR CAP CORPAMERICAN WTR CAP CORP NOTE 3.625% 6/1 | principal | 11,830,000 | $11.7M | new |
| UPSTART HLDGS INCUPSTART HLDGS INC NOTE 0.250% 8/1 | principal | 8,956,000 | $8.71M | +3,912,000 |
| BLACKSTONE MORTGAGE TRUST INBLACKSTONE MORTGAGE TRUST IN NOTE 5.500% 3/1 | principal | 7,183,000 | $7.09M | +5,880,000 |
| MARRIOTT VACATIONS WORLDWIDEMARRIOTT VACATIONS WORLDWIDE NOTE 3.250%12/1 | principal | 5,556,000 | $5.29M | new |
| TELADOC HEALTH INCTELADOC HEALTH INC NOTE 1.250% 6/0 | principal | 4,932,000 | $4.68M | new |
| REDWOOD TRUST INCREDWOOD TRUST INC Convertible | principal | 3,963,000 | $3.96M | new |
| ZIFF DAVIS INCZIFF DAVIS INC NOTE 1.75% 11/01/2026 | principal | 2,677,000 | $2.6M | new |
| UPWORK INCUPWORK INC NOTE 0.250% 8/1 | principal | 2,610,000 | $2.54M | new |
| DUKE ENERGY CORP NEWDUKE ENERGY CORP NEW CONV BND | principal | 1,706,000 | $1.91M | new |
| PROGRESS SOFTWARE CORPPROGRESS SOFTWARE CORP NOTE 1.000% 4/1 | principal | 900,000 | $898K | new |
| Q2 HLDGS INCQ2 HLDGS INC NOTE 0.750% 6/0 | principal | 390,000 | $387K | new |
| AFFIRM HLDGS INCAFFIRM HLDGS INC NOTE 11/1 | principal | 192,000 | $186K | new |
| COINBASE GLOBAL INCCOINBASE GLOBAL INC NOTE 0.500% 6/0 | principal | 139,000 | $138K | new |
| PEBBLEBROOK HOTEL TRPEBBLEBROOK HOTEL TR NOTE 1.750%12/1 | principal | 84,000 | $81.8K | 0 |
| WAYFAIR INCWAYFAIR INC NOTE 1.000% 8/1 | principal | 34,000 | $32K | 0 |
Sold out in Q1 2026
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| SUMMIT HOTEL PPTYSSUMMIT HOTEL PPTYS | 19,796,000 | $19.6M | principal |
| JETBLUE AIRWAYS CORPJETBLUE AIRWAYS CORP | 16,795,000 | $16.4M | principal |
| CABLE ONE INCCABLE ONE INC | 14,124,000 | $13.8M | principal |
| MARRIOTT VACATIONS WORLDWIDEMARRIOTT VACATIONS WORLDWIDE | 13,547,000 | $13.4M | principal |
| TWO HARBORS INVENTMENT CORPOTWO HARBORS INVENTMENT CORPO | 12,687,000 | $12.6M | principal |
| ENPHASE ENERGY INCENPHASE ENERGY INC | 10,664,000 | $10.5M | principal |
| PENNYMAC CORPPENNYMAC CORP | 9,541,000 | $9.45M | principal |
| PELOTON INTERACTIVE INCPELOTON INTERACTIVE INC | 5,000,000 | $4.9M | principal |
| ALARM COM HLDGS INCALARM COM HLDGS INC | 4,000,000 | $3.95M | principal |
| FASTLY INCFASTLY INC | 3,000,000 | $2.93M | principal |
| MITEK SYS INCMITEK SYS INC | 1,500,000 | $1.47M | principal |
| TripAdvisor IncTripAdvisor Inc | 1,166,000 | $1.13M | principal |
| GROUPON INCGROUPON INC | 1,120,000 | $1.1M | principal |
| MAGNITE INCMAGNITE INC | 700,000 | $684K | principal |
| RINGCENTRAL INCRINGCENTRAL INC | 455,000 | $450K | principal |
| HAEMONETICS CORP MASSHAEMONETICS CORP MASS | 339,000 | $335K | principal |
How Q1 2026 was built
Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).
| Filing | Role | Amendment | Filed | Accepted | Ingested |
|---|---|---|---|---|---|
| 13F-HR 0000724683-26-000047 | base | 2026-05-12 | acceptance time not in the bulk data set |