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CIK: 0000724683
Total reported value
$134.9M
$134.9M
25 檔
56.2%
At the close of Q4 2025, Piper Sandler & Co. disclosed equity holdings valued at approximately $134.9M, spread across 25 reported holdings.
In Q4 2025, Piper Sandler & Co. displayed an active expansion posture, initiating 10 new positions and adding to 10 existing holdings, outstripping position reductions.
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | INN 1.5 02-15-26Bond | Summit Hotel Properties | Bond | 13.87% | — | +83.96% | |
| 2 | JBLU 0.5 04-01-26Bond | Jetblue Airways CORP | Bond | 11.60% | — | +118.23% | |
| 3 | CABO 0 03-15-26Bond | Cable One Inc | Bond | 9.80% | — | +84.84% | |
| 4 | VAC 0 01-15-26Bond | Marriott Vacation Worldw | Bond | 9.51% | — | +34.84% | |
| 5 | TWO 6.25 01-15-26Bond | Two Harbors Inv CORP | Bond | 8.90% | — | +68.33% | |
| 6 | ENPH 0 03-01-26Bond | Enphase Energy Inc | Bond | 7.42% | — | +4.92% | |
| 7 | MGPI 1.875 11-15-41Bond | Mgp Ingredients Inc | Bond | 7.34% | -4.02% | +116.04% | |
| 8 | PMT 5.5 03-15-26Bond | Pennymac CORP | Bond | 6.69% | — | +50.18% | |
| 9 | CBRL 0.625 06-15-26Bond | Cracker Barrel Old Count | Bond | 4.89% | -14.86% | EXIT | |
| 10 | PTON 0 02-15-26Bond | Peloton Interactive Inc | Bond | 3.47% | — | +400.00% | |
| 11 | UPST 0.25 08-15-26Bond | Upstart Holdings Inc | Bond | 3.41% | -1.86% | — | |
| 12 | PENN 2.75 05-15-26Bond | Penn Entertainment Inc | Bond | 2.96% | -18.74% | EXIT | |
| 13 | ALRM 0 01-15-26Bond | Alarm.com Hldgs Inc | Bond | 2.80% | — | — | |
| 14 | FSLY 0 03-15-26Bond | Fastly Inc | Bond | 2.07% | — | — | |
| 15 | MITK 0.75 02-01-26Bond | Mitek Systems Inc | Bond | 1.04% | — | — | |
| 16 | BXMT 5.5 03-15-27Bond | Blackstone Mortgage Tr | Bond | 0.90% | -0.42% | — | |
| 17 | TRIP 0.25 04-01-26Bond | Tripadvisor Inc | Bond | 0.80% | — | — | |
| 18 | GRPN 1.125 03-15-26Bond | Groupon Inc | Bond | 0.78% | — | — | |
| 19 | ZEO | Zeo Energy CORP | Stock-Other | 0.52% | — | EXIT | |
| 20 | MGNI 0.25 03-15-26Bond | Magnite Inc | Bond | 0.48% | — | — | |
| 21 | RNG 0 03-15-26Bond | Ringcentral Inc | Bond | 0.32% | — | — | |
| 22 | HAE 0 03-01-26Bond | Haemonetics CORP | Bond | 0.24% | — | +1595.00% | |
| 23 | STTK | Shattuck Labs Inc | Stock-Other | 0.10% | — | EXIT | |
| 24 | PEB 1.75 12-15-26Bond | Pebblebrook Hotel Trust | Bond | 0.06% | +0.32% | — | |
| 25 | W 1 08-15-26Bond | Wayfair Inc | Bond | 0.02% | -0.01% | — |
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | INN 1.5 02-15-26Bond | Summit Hotel Properties | +6.3% | +83.96% | Add |
| 2 | JBLU 0.5 04-01-26Bond | Jetblue Airways CORP | +6.3% | +118.23% | Add |
| 3 | CABO 0 03-15-26Bond | Cable One Inc | +4.5% | +84.84% | Add |
| 4 | MGPI 1.875 11-15-41Bond | Mgp Ingredients Inc | +3.9% | +116.04% | Add |
| 5 | TWO 6.25 01-15-26Bond | Two Harbors Inv CORP | +3.5% | +68.33% | Add |
| 6 | PTON 0 02-15-26Bond | Peloton Interactive Inc | +2.8% | +400.00% | Add |
| 7 | VAC 0 01-15-26Bond | Marriott Vacation Worldw | +2.5% | +34.84% | Add |
| 8 | PMT 5.5 03-15-26Bond | Pennymac CORP | +2.2% | +50.18% | Add |
| 9 | ENPH 0 03-01-26Bond | Enphase Energy Inc | +0.4% | +4.92% | Add |
| 10 | HAE 0 03-01-26Bond | Haemonetics CORP | +0.2% | +1595.00% | Add |
| 11 | STTK | Shattuck Labs Inc | 0% | — | Unchanged |
| 12 | FSLY 0 03-15-26Bond | Fastly Inc | 0% | — | Unchanged |
| 13 | RNG 0 03-15-26Bond | Ringcentral Inc | — | — | Unchanged |
| 14 | W 1 08-15-26Bond | Wayfair Inc | — | — | Unchanged |
| 15 | ZEO | Zeo Energy CORP | -0.1% | — | Unchanged |
| 16 | SEALTD 2.375 12-01-25Bond | Sea LTD | — | EXIT | Sold out |
| 17 | FVRR 0 11-01-25Bond | Fiverr International LTD | — | EXIT | Sold out |
| 18 | RWT 5.75 10-01-25Bond | Rwt Holdings Inc | — | EXIT | Sold out |
| 19 | NVCR 0 11-01-25Bond | Novocure LTD | — | EXIT | Sold out |
| 20 | CBRL 0.625 06-15-26Bond | Cracker Barrel Old Count | — | NEW | New buy |
| 21 | NMFC 7.5 10-15-25Bond | New Mountain Finance Cor | — | EXIT | Sold out |
| 22 | UPST 0.25 08-15-26Bond | Upstart Holdings Inc | — | NEW | New buy |
| 23 | PENN 2.75 05-15-26Bond | Penn Entertainment Inc | — | NEW | New buy |
| 24 | ALRM 0 01-15-26Bond | Alarm.com Hldgs Inc | — | NEW | New buy |
| 25 | MITK 0.75 02-01-26Bond | Mitek Systems Inc | — | NEW | New buy |
| 26 | EB 5 12-01-25Bond | Eventbrite Inc | — | EXIT | Sold out |
| 27 | BXMT 5.5 03-15-27Bond | Blackstone Mortgage Tr | — | NEW | New buy |
| 28 | TRIP 0.25 04-01-26Bond | Tripadvisor Inc | — | NEW | New buy |
| 29 | GRPN 1.125 03-15-26Bond | Groupon Inc | — | NEW | New buy |
| 30 | MGNI 0.25 03-15-26Bond | Magnite Inc | — | NEW | New buy |
| 31 | CDE | Coeur Mining Inc | — | EXIT | Sold out |
| 32 | DXCM 0.25 11-15-25Bond | Dexcom Inc | — | EXIT | Sold out |
| 33 | PEB 1.75 12-15-26Bond | Pebblebrook Hotel Trust | — | NEW | New buy |
| 34 | ACDC | Profrac Holding Corp-a | — | EXIT | Sold out |
According to official SEC Form 13F filings, Piper Sandler & Co. reported a total U.S. public equity portfolio value of $134.9M across 25 disclosed positions in Q4 2025.
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In terms of portfolio concentration, the top 5 core holdings (including INN 1.5 02-15-26, JBLU 0.5 04-01-26, CABO 0 03-15-26) accounted for 56.2% of total reported equity market value during Q4 2025.
Top New Position Initiated
CBRL 0.625 06-15-26
市值: $6.9M
Top Position Liquidated / Trimmed
SEALTD 2.375 12-01-25
前期市值: $24.6M
During Q4 2025, Piper Sandler & Co.'s top holdings by market value included INN 1.5 02-15-26 (13.9%)、JBLU 0.5 04-01-26 (11.6%)、CABO 0 03-15-26 (9.8%). The largest single position, INN 1.5 02-15-26, represented 13.9% of total portfolio value.
In Q4 2025, Piper Sandler & Co. made 29 total portfolio adjustments, initiating 10 new buys, adding to 10 positions, trimming 0 holdings, and fully liquidating 9 stocks.
All holding records on this page are fetched directly from the U.S. Securities and Exchange Commission (SEC) EDGAR system (Form 13F-HR). AlphaSMO parses CUSIP identifiers and formats data into Schema.org-compliant datasets.
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