Piper Sandler & Co.
Institutional manager — quarterly 13F holdings, Q ending 2026-03-31
Reported value
$102.0M
Q ending 2026-03-31
Prior quarter
$141.2M
Q ending 2025-12-31
Change
-27.7% QoQ · -23.2% YoY
Positions
20
reported holdings
Largest positions
All 20 reported positions, Q ending 2026-03-31. A manager can hold shares, calls and puts on the same security at once — such positions are listed as separate rows. Type: Shares = common stock, Put/Call = option positions (valued at the underlying), Principal = debt. Tickers link to stock pages where covered.
| Holding | Ticker | Type | Value ▼ | Shares |
|---|---|---|---|---|
| Penn Entertainment Inc | PENN 2.75 05/15/26 | Principal | $19.0M | 19.3M |
| Mgp Ingredients Inc New | MGPI 1.875 11/15/41 | Principal | $17.2M | 18.0M |
| Cracker Barrel Old Ctry Stor | CBRL 0.625 06/15/26 | Principal | $15.1M | 15.4M |
| American Wtr Cap Corp | AWK 3.625 06/15/26 | Principal | $11.7M | 11.8M |
| Upstart Hldgs Inc | UPST 0.25 08/15/26 | Principal | $8.7M | 9.0M |
| Blackstone Mortgage Trust In | BXMT 5.5 03/15/27 | Principal | $7.1M | 7.2M |
| Marriott Vacations Worldwide | VAC 3.25 12/15/27 | Principal | $5.3M | 5.6M |
| Teladoc Health Inc | TDOC 1.25 06/01/27 | Principal | $4.7M | 4.9M |
| Redwood Trust Inc | RWT 7.75 06/15/27 | Principal | $4.0M | 4.0M |
| Ziff Davis Inc | ZD 1.75 11/01/26 | Principal | $2.6M | 2.7M |
| Upwork Inc | UPWK 0.25 08/15/26 | Principal | $2.5M | 2.6M |
| Duke Energy Corp New | DUK 4.125 04/15/26 | Principal | $1.9M | 1.7M |
| Progress Software Corp | PRGS 1 04/15/26 | Principal | $898K | 900K |
| Q2 Hldgs Inc | QTWO 0.75 06/01/26 | Principal | $387K | 390K |
| Zeo Energy Corp | ZEO | Shares | $291K | 508K |
| Shattuck Labs Inc | STTK | Shares | $254K | 39K |
| Affirm Hldgs Inc | AFRM 0 11/15/26 | Principal | $186K | 192K |
| Coinbase Global Inc | COIN 0.5 06/01/26 | Principal | $138K | 139K |
| Pebblebrook Hotel Tr | PEB 1.75 12/15/26 | Principal | $82K | 84K |
| Wayfair Inc | W 1 08/15/26 | Principal | $32K | 34K |
Values as reported in public regulatory filings (USD); holdings are reported quarterly, up to 45 days after quarter end, and may contain reporting errors. Nothing here is investment advice.