Piper Sandler & Co.

高頻交易型趨勢追蹤型高品質投資策略

申報總市值

US$1020.2億

申報季度: 2026-03-31 · 持股檔數: 21

PIPER SANDLER & CO.在最新一期 13F 報告中揭露了 21 項持股，申報期為 2026-03-31，總持股市值約為 US$1020.2億，季度換手率為 199.9%。

機構性格雪花圖

集中度: 47.29
持倉穩定性: 100
動能／逆勢: 100
產業集中度: 79.91
多樣化: 40
倉位均衡度: 88.02

近期動向

加碼 PENN 2.75 05-15-26
+351.2%　US$190.1億
加碼 CBRL 0.625 06-15-26
+115.1%　US$150.8億
加碼 MGPI 1.875 11-15-41
+66.9%　US$171.6億
加碼 BXMT 5.5 03-15-27
+451.3%　US$70.9億
加碼 UPST 0.25 08-15-26
+77.6%　US$87.1億
減碼 ZEO
-25.1%　US$2.9億

持倉地圖

新建倉加碼不變減碼

前十大持股佔比

本季完整持股清單

僅顯示前 20 大持股（共 21 檔）

#	代號	標的名稱	資產子類別	佔比	佔比變動	持倉量變化
1	PENN 2.75 05-15-26	Penn Entertainment INC	股票-循環性消費	18.74%	+15.68%	+351.22%
2	MGPI 1.875 11-15-41	Mgp Ingredients INC	股票-其他	16.92%	+9.49%	+66.89%
3	CBRL 0.625 06-15-26	Cracker Barrel Old Count	股票-其他	14.86%	+9.89%	+115.06%
4	AWK 3.625 06-15-26	American Water Capital C	股票-公用事業	11.52%	+11.46%	NEW
5	UPST 0.25 08-15-26	Upstart Holdings INC	股票-金融	8.58%	+5.13%	+77.56%
6	BXMT 5.5 03-15-27	Blackstone Mortgage Tr	股票-房地產	6.99%	+6.05%	+451.27%
7	VAC 3.25 12-15-27	Marriott Vacation Worldw	股票-循環性消費	5.21%	+5.19%	NEW
8	TDOC 1.25 06-01-27	Teladoc Health INC	股票-醫療保健	4.61%	+4.59%	NEW
9	RWT 7.75 06-15-27	Redwood Trust INC	股票-其他	3.91%	+3.88%	NEW
10	ZD 1.75 11-01-26	Ziff Davis INC	股票-其他	2.56%	+2.55%	NEW
11	UPWK 0.25 08-15-26	Upwork INC	股票-其他	2.50%	+2.49%	NEW
12	DUK 4.125 04-15-26	Duke Energy CORP	股票-公用事業	1.88%	+1.87%	NEW
13	PRGS 1 04-15-26	Progress Software CORP	股票-其他	0.88%	+0.88%	NEW
14	QTWO 0.75 06-01-26	Q2 Holdings INC	股票-科技	0.38%	+0.38%	NEW
15	AFRM 0 11-15-26	Affirm Holdings INC	股票-金融	0.18%	+0.18%	NEW
16	COIN 0.5 06-01-26	Coinbase Global INC	股票-金融	0.14%	+0.14%	NEW
17	PEB 1.75 12-15-26	Pebblebrook Hotel Trust	股票-其他	0.08%	+0.02%	—
18	W 1 08-15-26	Wayfair INC	股票-循環性消費	0.03%	+0.01%	—
19	ZEO	Zeo Energy CORP	股票-其他	—	-0.23%	-25.12%
20	STTK	Shattuck Labs INC	股票-其他	—	+0.15%	—

申報總市值趨勢

產業配置

歷年產業分布趨勢

季度歷史總覽

季度	持股檔數	總市值	穩定性	主要持股
2026-03-31	21	US$1020.2億	100	1PENN 2.75 05-15-26 2MGPI 1.875 11-15-41 3CBRL 0.625 06-15-26 主要持股2026-03-31 1.PENN 2.75 05-15-26 2.MGPI 1.875 11-15-41 3.CBRL 0.625 06-15-26 4.AWK 3.625 06-15-26 5.UPST 0.25 08-15-26 6.BXMT 5.5 03-15-27 7.VAC 3.25 12-15-27 8.TDOC 1.25 06-01-27 9.RWT 7.75 06-15-27 10.ZD 1.75 11-01-26
2025-12-31	25	US$1.4億	100	1INN 1.5 02-15-26 2JBLU 0.5 04-01-26 3CABO 0 03-15-26 主要持股2025-12-31 1.INN 1.5 02-15-26 2.JBLU 0.5 04-01-26 3.CABO 0 03-15-26 4.VAC 0 01-15-26 5.TWO 6.25 01-15-26 6.ENPH 0 03-01-26 7.MGPI 1.875 11-15-41 8.PMT 5.5 03-15-26 9.CBRL 0.625 06-15-26 10.PTON 0 02-15-26
2025-09-30	24	US$1.4億	0	1SEALTD 2.375 12-01-25 2FVRR 0 11-01-25 3RWT 5.75 10-01-25 主要持股2025-09-30 1.SEALTD 2.375 12-01-25 2.FVRR 0 11-01-25 3.RWT 5.75 10-01-25 4.NVCR 0 11-01-25 5.INN 1.5 02-15-26 6.ENPH 0 03-01-26 7.VAC 0 01-15-26 8.TWO 6.25 01-15-26 9.JBLU 0.5 04-01-26 10.CABO 0 03-15-26
2025-06-30	20	US$1296.4億	0	1NRG 2.75 06-01-48 2IART 0.5 08-15-25 3SEDG 0 09-15-25 主要持股2025-06-30 1.NRG 2.75 06-01-48 2.IART 0.5 08-15-25 3.SEDG 0 09-15-25 4.RWT 5.75 10-01-25 5.FVRR 0 11-01-25 6.ABR 7.5 08-01-25 7.W 0.625 10-01-25 8.TWO 6.25 01-15-26 9.WIX 0 08-15-25 10.PCRX 0.75 08-01-25
2025-03-31	29	US$1.3億	100	1BKNG 0.75 05-01-25 2HUBS 0.375 06-01-25 3EYE 2.5 05-15-25 主要持股2025-03-31 1.BKNG 0.75 05-01-25 2.HUBS 0.375 06-01-25 3.EYE 2.5 05-15-25 4.RWT 5.75 10-01-25 5.FVRR 0 11-01-25 6.HCAT 2.5 04-15-25 7.IART 0.5 08-15-25 8.WIX 0 08-15-25 9.FIVN 0.5 06-01-25 10.TWO 6.25 01-15-26
2024-12-31	28	US$1.3億	0	1NSIT 0.75 02-15-25 2EYE 2.5 05-15-25 3PEGA 0.75 03-01-25 主要持股2024-12-31 1.NSIT 0.75 02-15-25 2.EYE 2.5 05-15-25 3.PEGA 0.75 03-01-25 4.FVRR 0 11-01-25 5.IIIV 1 02-15-25 6.FIVN 0.5 06-01-25 7.HCAT 2.5 04-15-25 8.RNG 0 03-01-25 9.RWT 5.75 10-01-25 10.IART 0.5 08-15-25
2024-09-30	37	US$1.5億	0	1NSIT 0.75 02-15-25 2BKNG 0.75 05-01-25 3PMT 5.5 11-01-24 主要持股2024-09-30 1.NSIT 0.75 02-15-25 2.BKNG 0.75 05-01-25 3.PMT 5.5 11-01-24 4.GTLS 1 11-15-24 5.LYFT 1.5 05-15-25 6.PEGA 0.75 03-01-25 7.FVRR 0 11-01-25 8.RWT 5.75 10-01-25 9.ENV 0.75 08-15-25 10.CHGG 0.125 03-15-25
2024-06-30	17	US$1.3億	0	1EGLE 5 08-01-24 2JAZZ 1.5 08-15-24 3BMRN 0.599 08-01-24 主要持股2024-06-30 1.EGLE 5 08-01-24 2.JAZZ 1.5 08-15-24 3.BMRN 0.599 08-01-24 4.PMT 5.5 11-01-24 5.TPB 2.5 07-15-24 6.RWT 5.625 07-15-24 7.CHGG 0.125 03-15-25 8.PSEC 6.375 03-01-25 9.ABR 7.5 08-01-25 10.FVRR 0 11-01-25
2024-03-31	22	US$1.5億	0	1PANW 0.375 06-01-25 2NBIX 2.25 05-15-24 3PXD 0.25 05-15-25 主要持股2024-03-31 1.PANW 0.375 06-01-25 2.NBIX 2.25 05-15-24 3.PXD 0.25 05-15-25 4.MFA 6.25 06-15-24 5.PMT 5.5 11-01-24 6.CHGG 0.125 03-15-25 7.JAZZ 1.5 08-15-24 8.PARA 5.75 04-01-24 A 9.BILI 1.375 04-01-26 10.KAMN 3.25 05-01-24
2023-12-31	20	US$1.3億	0	1TSLA 2 05-15-24 2NICEIT 1.25 01-15-24 3WDC 1.5 02-01-24 主要持股2023-12-31 1.TSLA 2 05-15-24 2.NICEIT 1.25 01-15-24 3.WDC 1.5 02-01-24 4.JAZZ 1.5 08-15-24 5.PMT 5.5 11-01-24 6.MFA 6.25 06-15-24 7.HLF 2.625 03-15-24 8.PXD 0.25 05-15-25 9.GBX 2.875 02-01-24 10.CHGG 0.125 03-15-25
2023-09-30	10	US$1.1億	0	1KBR 2.5 11-01-23 2WDC 1.5 02-01-24 3ARI 5.375 10-15-23 主要持股2023-09-30 1.KBR 2.5 11-01-23 2.WDC 1.5 02-01-24 3.ARI 5.375 10-15-23 4.HLF 2.625 03-15-24 5.MFA 6.25 06-15-24 6.OPFI 7.ACDC 8.G19305 9.STTK 10.OPFI-WS
2023-06-30	21	US$9364.8萬	0	1PXD 0.25 05-15-25 2WDC 1.5 02-01-24 3KBR 2.5 11-01-23 主要持股2023-06-30 1.PXD 0.25 05-15-25 2.WDC 1.5 02-01-24 3.KBR 2.5 11-01-23 4.ARI 5.375 10-15-23 5.RWT 4.75 08-15-23 6.TLRY 5 10-01-23 7.AEP 6.125 08-15-23 8.NEE 6.219 09-01-23 9.MOMO 1.25 07-01-25 10.HLF 2.625 03-15-24
2023-03-31	30	US$1.5億	0	1HOPE 2 05-15-38 2DBRG 5 04-15-23 3SLAB 0.625 06-15-25 主要持股2023-03-31 1.HOPE 2 05-15-38 2.DBRG 5 04-15-23 3.SLAB 0.625 06-15-25 4.IQ 2 04-01-25 5.KREF 6.125 05-15-23 6.PSTG 0.125 04-15-23 7.ARI 5.375 10-15-23 8.WDC 1.5 02-01-24 9.TER 1.25 12-15-23 10.SUPN 0.625 04-01-23
2022-12-31	34	US$9655.3萬	0	1NVAX 3.75 02-01-23 2AAWW 1.875 06-01-24 3KREF 6.125 05-15-23 主要持股2022-12-31 1.NVAX 3.75 02-01-23 2.AAWW 1.875 06-01-24 3.KREF 6.125 05-15-23 4.BXMT 4.75 03-15-23 5.HOPE 2 05-15-38 6.STWD 4.375 04-01-23 7.DBRG 5 04-15-23 8.INVA 2.125 01-15-23 9.SUPN 0.625 04-01-23 10.ARI 5.375 10-15-23
2022-09-30	39	US$1.2億	0	1ELV 2.75 10-15-42 2AAWW 1.875 06-01-24 3TER 1.25 12-15-23 主要持股2022-09-30 1.ELV 2.75 10-15-42 2.AAWW 1.875 06-01-24 3.TER 1.25 12-15-23 4.ABR 4.75 11-01-22 5.BXMT 4.75 03-15-23 6.DTE 6.25 11-01-22 7.NVAX 3.75 02-01-23 8.HOPE 2 05-15-38 9.STWD 4.375 04-01-23 10.WB 1.25 11-15-22
2022-06-30	45	US$1.1億	0	1SAILUS 0.125 09-15-24 2ARI 4.75 08-23-22 3TSLA 2 05-15-24 主要持股2022-06-30 1.SAILUS 0.125 09-15-24 2.ARI 4.75 08-23-22 3.TSLA 2 05-15-24 4.NVAX 3.75 02-01-23 5.BXMT 4.75 03-15-23 6.DTE 6.25 11-01-22 7.DBRG 5 04-15-23 8.ABR 4.75 11-01-22 9.WB 1.25 11-15-22 10.KREF 6.125 05-15-23
2022-03-31	37	US$1.3億	0	1TER 1.25 12-15-23 2DHR 4.75 04-15-22 A 3BXMT 4.375 05-05-22 主要持股2022-03-31 1.TER 1.25 12-15-23 2.DHR 4.75 04-15-22 A 3.BXMT 4.375 05-05-22 4.AVTR 6.25 05-15-22 A 5.NOW 0 06-01-22 6.MNDT 1.625 06-01-35 B 7.NICEIT 1.25 01-15-24 8.TSLA 2 05-15-24 9.ARI 4.75 08-23-22 10.VG 1.75 06-01-24
2021-12-31	21	US$1.4億	0	1TSLA 2 05-15-24 2NOW 0 06-01-22 3TSLA 2.375 03-15-22 主要持股2021-12-31 1.TSLA 2 05-15-24 2.NOW 0 06-01-22 3.TSLA 2.375 03-15-22 4.TEVA 0.25 02-01-26 C 5.FIVN 0.125 05-01-23 6.LRCX 2.625 05-15-41 7.STTK 8.SJI 7.25 04-15-21 9.ECPG 2.875 03-15-21 10.TSLA 1.25 03-01-21
2021-09-30	19	US$7351.7萬	0	1TER 1.25 12-15-23 2NICEIT 1.25 01-15-24 3RH 0 06-15-23 主要持股2021-09-30 1.TER 1.25 12-15-23 2.NICEIT 1.25 01-15-24 3.RH 0 06-15-23 4.MNDT 1.625 06-01-35 B 5.ADAM 6.25 01-15-22 6.TWO 6.25 01-15-22 7.STTK 8.BXMT 4.375 05-05-22 9.RH 0 09-15-24 10.OPFI
2021-06-30	16	US$1.1億	100	1NUAN 1 12-15-35 2CMD 3.25 05-15-25 3NICEIT 1.25 01-15-24 主要持股2021-06-30 1.NUAN 1 12-15-35 2.CMD 3.25 05-15-25 3.NICEIT 1.25 01-15-24 4.RH 0 09-15-24 5.SYNA 0.5 06-15-22 6.TWTR 1 09-15-21 7.TER 1.25 12-15-23 8.STTK 9.TSLA 2 05-15-24 10.PFPT 0.25 08-15-24
2021-03-31	18	US$1.2億	97	1NICEIT 1.25 01-15-24 2TSLA 2 05-15-24 3NOW 0 06-01-22 主要持股2021-03-31 1.NICEIT 1.25 01-15-24 2.TSLA 2 05-15-24 3.NOW 0 06-01-22 4.LRCX 2.625 05-15-41 5.TWTR 1 09-15-21 6.SJI 7.25 04-15-21 7.DOCU 0.5 09-15-23 8.MRVL 0.75 09-01-21 9.FIVN 0.125 05-01-23 10.TPC 2.875 06-15-21
2020-12-31	21	US$1.4億	100	1TSLA 2 05-15-24 2NOW 0 06-01-22 3TSLA 2.375 03-15-22 主要持股2020-12-31 1.TSLA 2 05-15-24 2.NOW 0 06-01-22 3.TSLA 2.375 03-15-22 4.TEVA 0.25 02-01-26 C 5.FIVN 0.125 05-01-23 6.LRCX 2.625 05-15-41 7.STTK 8.SJI 7.25 04-15-21 9.ECPG 2.875 03-15-21 10.TSLA 1.25 03-01-21
2020-09-30	26	US$1.3億	100	1TSLA 1.25 03-01-21 2NOW 0 06-01-22 3CATM 1 12-01-20 主要持股2020-09-30 1.TSLA 1.25 03-01-21 2.NOW 0 06-01-22 3.CATM 1 12-01-20 4.FIVN 0.125 05-01-23 5.ON 1 12-01-20 6.SJI 7.25 04-15-21 7.TEVA 0.25 02-01-26 C 8.RNG 0 03-15-23 9.MRVL 0.75 09-01-21 10.ELV 2.75 10-15-42
2020-06-30	19	US$1.1億	100	1WDAY 1.5 07-15-20 2ECPG 3 07-01-20 3PRAA 3 08-01-20 主要持股2020-06-30 1.WDAY 1.5 07-15-20 2.ECPG 3 07-01-20 3.PRAA 3 08-01-20 4.TCOM 1.99 07-01-25 5.RH 0 07-15-20 6.CATM 1 12-01-20 7.CNP 7 09-01-21 B 8.NOW 0 06-01-22 9.ON 1 12-01-20 10.SJI 7.25 04-15-21
2020-03-31	25	US$1.2億	100	1MDRX 1.25 07-01-20 2LRCX 2.625 05-15-41 3PMT 5.375 05-01-20 主要持股2020-03-31 1.MDRX 1.25 07-01-20 2.LRCX 2.625 05-15-41 3.PMT 5.375 05-01-20 4.BKNG 0.35 06-15-20 5.REGI 4 06-15-36 6.VGR V1.75 04-15-20 7.PRAA 3 08-01-20 8.TCOM 1 07-01-20 9.ECHO 2.5 05-01-20 10.CNP 7 09-01-21 B
2019-12-31	20	US$1.4億	100	1LRCX 2.625 05-15-41 2MDCO 2.5 01-15-22 3MDCO 2.75 07-15-23 主要持股2019-12-31 1.LRCX 2.625 05-15-41 2.MDCO 2.5 01-15-22 3.MDCO 2.75 07-15-23 4.PMT 5.375 05-01-20 5.VGR V1.75 04-15-20 6.FOR 3.75 03-01-20 7.CNP 7 09-01-21 B 8.ECHO 2.5 05-01-20 9.CKH 3 11-15-28 10.SJI 7.25 04-15-21
2019-09-30	23	US$1.2億	100	1PODD 1.25 09-15-21 2RWT 5.625 11-15-19 3PMT 5.375 05-01-20 主要持股2019-09-30 1.PODD 1.25 09-15-21 2.RWT 5.625 11-15-19 3.PMT 5.375 05-01-20 4.HWM 1.625 10-15-19 5.TCPC 5.25 12-15-19 6.CNP 7 09-01-21 B 7.FOR 3.75 03-01-20 8.ECHO 2.5 05-01-20 9.TIVO 0.5 03-01-20 10.TSLX 4.5 12-15-19
2019-06-30	18	US$7578.4萬	100	1D 6.75 08-15-19 A 2VST 7 07-01-19 3EFII 0.75 09-01-19 主要持股2019-06-30 1.D 6.75 08-15-19 A 2.VST 7 07-01-19 3.EFII 0.75 09-01-19 4.TWTR 0.25 09-15-19 5.NEE 6.123 09-01-19 6.RWT 5.625 11-15-19 7.WELL 8.RHT 0.25 10-01-19 9.TMDX 10.81577F
2019-03-31	15	US$1.1億	100	1CTXS 0.5 04-15-19 2RHT 0.25 10-01-19 3D 6.75 08-15-19 A 主要持股2019-03-31 1.CTXS 0.5 04-15-19 2.RHT 0.25 10-01-19 3.D 6.75 08-15-19 A 4.ELV 2.75 10-15-42 5.VST 7 07-01-19 6.REGI 2.75 06-15-19 7.TWTR 0.25 09-15-19 8.WELL 9.RYAM 8 08-15-19 A 10.FIS
2018-12-31	13	US$8941.2萬	100	1TSRO 3 10-01-21 2RHT 0.25 10-01-19 3CTXS 0.5 04-15-19 主要持股2018-12-31 1.TSRO 3 10-01-21 2.RHT 0.25 10-01-19 3.CTXS 0.5 04-15-19 4.REGI 2.75 06-15-19 5.MU 3 11-15-43 G 6.D 6.75 08-15-19 A 7.ELV 2.75 10-15-42 8.NAV 9.98973P 10.UPL1EUR
2018-09-30	19	US$1.2億	100	1CTXS 0.5 04-15-19 2XYZ 0.375 03-01-22 3ELV 2.75 10-15-42 主要持股2018-09-30 1.CTXS 0.5 04-15-19 2.XYZ 0.375 03-01-22 3.ELV 2.75 10-15-42 4.CIEN 3.75 10-15-18 * 5.MU 3 11-15-43 G 6.RHT 0.25 10-01-19 7.LRCX 2.625 05-15-41 8.PANW 0 07-01-19 9.BMRN 0.75 10-15-18 10.SUMIAL 3.875 12-01-18
2018-06-30	14	US$1.5億	100	1RHT 0.25 10-01-19 2ALJ 3 09-15-18 3PANW 0 07-01-19 主要持股2018-06-30 1.RHT 0.25 10-01-19 2.ALJ 3 09-15-18 3.PANW 0 07-01-19 4.MDSO 1 08-01-18 5.WDAY 0.75 07-15-18 6.ELV 2.75 10-15-42 7.SRCL 5.25 09-15-18 8.NOW 0 11-01-18 9.WPX 6.25 07-31-18 A 10.ISBCUSD
2018-03-31	14	US$5129.7萬	100	1LRCX 1.25 05-15-18 2LGND 0.75 08-15-19 3VRSN 3.25 08-15-37 主要持股2018-03-31 1.LRCX 1.25 05-15-18 2.LGND 0.75 08-15-19 3.VRSN 3.25 08-15-37 4.SFLY 0.25 05-15-18 5.PODD 2 06-15-19 6.IWO 7.APC 7.5 06-07-18 8.SRCL 5.25 09-15-18 9.SFLY 10.FATE
2017-12-31	14	US$1.2億	100	1CRM 0.25 04-01-18 2LRCX 2.625 05-15-413G0177J 主要持股2017-12-31 1.CRM 0.25 04-01-18 2.LRCX 2.625 05-15-41 3.G0177J 4.LRCX 1.25 05-15-18 5.G0177J 6.EXE 6.25 01-15-18 B 7.ELV 2.75 10-15-42 8.COUPEUR 9.PODD 2 06-15-19 10.ZSANGBP
2016-09-30	15	US$5214.5萬	100	1IART 1.625 12-15-16 2AJRD 4.0625 12-31-39 3LUV 5.25 11-01-16 主要持股2016-09-30 1.IART 1.625 12-15-16 2.AJRD 4.0625 12-31-39 3.LUV 5.25 11-01-16 4.TTWO 1.75 12-01-16 5.VTVTEUR 6.NTNX 7.TIGR 8.IBKR 9.CALD 10.TCMD
2016-06-30	10	US$2326.6萬	72	1SPY 2VTVTEUR 3XLE 主要持股2016-06-30 1.SPY 2.VTVTEUR 3.XLE 4.NTRS 5.27890G 6.CALD 7.92262A 8.PDEX 9.CHMI
2016-03-31	20	US$4609.9萬	58	1SPY 2AJRD 4.0625 12-31-39 3XLE 主要持股2016-03-31 1.SPY 2.AJRD 4.0625 12-31-39 3.XLE 4.GILD 1.625 05-01-16 D 5.VTVTEUR 6.45336E 7.GILD 8.PRLB 9.M2239P 10.WFC 7.5 PERP L
2015-12-31	29	US$3940.5萬	100	1AJRD 4.0625 12-31-39 2SPY 3VTVTEUR 主要持股2015-12-31 1.AJRD 4.0625 12-31-39 2.SPY 3.VTVTEUR 4.XLE 5.RGLD 2.875 06-15-19 6.NEM 1.625 07-15-17 B 7.ARCC 5.75 02-01-16 8.TEVA 9.SPNC 2.625 06-01-34 10.ARCC 5.125 06-01-16
2015-09-30	105	US$9353.6萬	100	1TRAK 1.5 03-15-17 2AJRD 4.0625 12-31-39 3RGLD 2.875 06-15-19 主要持股2015-09-30 1.TRAK 1.5 03-15-17 2.AJRD 4.0625 12-31-39 3.RGLD 2.875 06-15-19 4.WCC 6 09-15-29 5.SPY 6.VTVTEUR 7.SUPN 7.5 05-01-19 8.74348A 9.SOXL 10.OFIX
2015-06-30	99	US$1.7億	100	1OCR 4 06-15-33 B 2TRAK 1.5 03-15-17 3AJRD 4.0625 12-31-39 主要持股2015-06-30 1.OCR 4 06-15-33 B 2.TRAK 1.5 03-15-17 3.AJRD 4.0625 12-31-39 4.SPY 5.GILD 1.625 05-01-16 D 6.VTRS 3.75 09-15-15 7.MDVN 2.625 04-01-17 8.WCC 6 09-15-29 9.148887 10.VXX
2015-03-31	114	US$2.4億	80	1SPY 2AJRD 4.0625 12-31-39 3ENDP 1.75 04-15-15 主要持股2015-03-31 1.SPY 2.AJRD 4.0625 12-31-39 3.ENDP 1.75 04-15-15 4.OCR 4 06-15-33 B 5.MDVN 2.625 04-01-17 6.WCC 6 09-15-29 7.TEX 4 06-01-15 8.SLXP 1.5 03-15-19 9.RAD 8.5 05-15-15 10.NLY 5 05-15-15
2014-12-31	129	US$2.1億	100	1WELL 3 12-01-29 2AJRD 4.0625 12-31-39 3OCR 4 06-15-33 B 主要持股2014-12-31 1.WELL 3 12-01-29 2.AJRD 4.0625 12-31-39 3.OCR 4 06-15-33 B 4.SPY 5.TEX 4 06-01-15 6.WCC 6 09-15-29 7.CBST 2.5 11-01-17 8.ENDP 1.75 04-15-15 9.UAL 4.5 01-15-15 10.MDVN 2.625 04-01-17
2014-09-30	132	US$1.9億	95	1GILD 1.625 05-01-16 D 2MTZ 4.25 12-15-14 3OCR 4 06-15-33 B 主要持股2014-09-30 1.GILD 1.625 05-01-16 D 2.MTZ 4.25 12-15-14 3.OCR 4 06-15-33 B 4.TEX 4 06-01-15 5.EQIX 3 10-15-14 6.VTRS 3.75 09-15-15 7.SPY 8.VXX 9.AJRD 4.0625 12-31-39 10.WELL 3 12-01-29
2014-06-30	122	US$1.4億	100	1SBAC 4 10-01-14 2OCR 4 06-15-33 B 3WELL 3 12-01-29 主要持股2014-06-30 1.SBAC 4 10-01-14 2.OCR 4 06-15-33 B 3.WELL 3 12-01-29 4.ENS 3.375 06-01-38 5.SPY 6.VXX 7.WCC 6 09-15-29 8.NLY 5 05-15-15 9.AJRD 4.0625 12-31-39 10.MTZ 4.25 12-15-14 *
2014-03-31	96	US$1.2億	100	1MTZ 4 06-15-14 2AROC 4.25 06-15-14 3OCR 4 06-15-33 B 主要持股2014-03-31 1.MTZ 4 06-15-14 2.AROC 4.25 06-15-14 3.OCR 4 06-15-33 B 4.SPY 5.WCC 6 09-15-29 6.DHI 2 05-15-14 DHI 7.NLY 5 05-15-15 8.CRM 0.75 01-15-15 9.74347R 10.SDS
2013-12-31	92	US$1.2億	—	1SPY 2WCC 6 09-15-29 3OCR 4 06-15-33 B 主要持股2013-12-31 1.SPY 2.WCC 6 09-15-29 3.OCR 4 06-15-33 B 4.GILD 1 05-01-14 C 5.TER 4.5 03-15-14 TER 6.NLY 5 05-15-15 7.UIS 6.25 03-01-14 A 8.CMS 5.5 06-15-29 9.GCN 2 08-01-14 10.HIMX

本季持股變動

Piper Sandler & Co. 在 2026-03-31 最顯著的持倉異動：新建倉: American Water Capital C (AWK 3.625 06-15-26); 新建倉: Marriott Vacation Worldw (VAC 3.25 12-15-27); 新建倉: Teladoc Health INC (TDOC 1.25 06-01-27); 新建倉: Redwood Trust INC (RWT 7.75 06-15-27); 新建倉: Ziff Davis INC (ZD 1.75 11-01-26).

Piper Sandler & Co. 於截至 2026-03-31 該季申報之持倉異動，含代號、發行人、權重變化、股數變化與操作類型
#	代號	標的名稱	佔比變動	持倉量變化	異動類型
1	PENN 2.75 05-15-26	Penn Entertainment INC	+15.7%	+351.22%	加碼
2	CBRL 0.625 06-15-26	Cracker Barrel Old Count	+9.9%	+115.06%	加碼
3	MGPI 1.875 11-15-41	Mgp Ingredients INC	+9.5%	+66.89%	加碼
4	BXMT 5.5 03-15-27	Blackstone Mortgage Tr	+6.1%	+451.27%	加碼
5	UPST 0.25 08-15-26	Upstart Holdings INC	+5.1%	+77.56%	加碼
6	STTK	Shattuck Labs INC	+0.2%	—	不變
7	PEB 1.75 12-15-26	Pebblebrook Hotel Trust	0%	—	不變
8	W 1 08-15-26	Wayfair INC	0%	—	不變
9	ZEO	Zeo Energy CORP	-0.2%	-25.12%	減碼
10	AWK 3.625 06-15-26	American Water Capital C	—	NEW	新建倉
11	VAC 3.25 12-15-27	Marriott Vacation Worldw	—	NEW	新建倉
12	TDOC 1.25 06-01-27	Teladoc Health INC	—	NEW	新建倉
13	RWT 7.75 06-15-27	Redwood Trust INC	—	NEW	新建倉
14	ZD 1.75 11-01-26	Ziff Davis INC	—	NEW	新建倉
15	UPWK 0.25 08-15-26	Upwork INC	—	NEW	新建倉
16	DUK 4.125 04-15-26	Duke Energy CORP	—	NEW	新建倉
17	PRGS 1 04-15-26	Progress Software CORP	—	NEW	新建倉
18	QTWO 0.75 06-01-26	Q2 Holdings INC	—	NEW	新建倉
19	AFRM 0 11-15-26	Affirm Holdings INC	—	NEW	新建倉
20	COIN 0.5 06-01-26	Coinbase Global INC	—	NEW	新建倉
21	INN 1.5 02-15-26	Summit Hotel Properties	—	EXIT	清倉
22	JBLU 0.5 04-01-26	Jetblue Airways CORP	—	EXIT	清倉
23	CABO 0 03-15-26	Cable One INC	—	EXIT	清倉
24	VAC 0 01-15-26	Marriott Vacation Worldw	—	EXIT	清倉
25	TWO 6.25 01-15-26	Two Harbors Inv CORP	—	EXIT	清倉
26	ENPH 0 03-01-26	Enphase Energy INC	—	EXIT	清倉
27	PMT 5.5 03-15-26	Pennymac CORP	—	EXIT	清倉
28	PTON 0 02-15-26	Peloton Interactive INC	—	EXIT	清倉
29	ALRM 0 01-15-26	Alarm.com Hldgs INC	—	EXIT	清倉
30	FSLY 0 03-15-26	Fastly INC	—	EXIT	清倉
31	MITK 0.75 02-01-26	Mitek Systems INC	—	EXIT	清倉
32	TRIP 0.25 04-01-26	Tripadvisor INC	—	EXIT	清倉
33	GRPN 1.125 03-15-26	Groupon INC	—	EXIT	清倉
34	MGNI 0.25 03-15-26	Magnite INC	—	EXIT	清倉
35	RNG 0 03-15-26	Ringcentral INC	—	EXIT	清倉
36	HAE 0 03-01-26	Haemonetics CORP	—	EXIT	清倉

FAQ

Piper Sandler & Co. 是什麼機構？屬於哪種投資人類型？

Piper Sandler & Co. 是一家投資管理機構，每季依規定向 SEC 申報 Form 13F，揭露其在美國上市股票的持倉資訊。根據最新一期申報（2026-03-31），該機構追蹤的股票投資組合估值約為 US$1020.2億，分佈在 21 個已申報部位之中。

Piper Sandler & Co. 目前前幾大持股有哪些？

根據最新 13F 申報，Piper Sandler & Co. 按市值排列的前幾大持股為： 1. Penn Entertainment INC (PENN 2.75 05-15-26) — US$190.2億 (18.7%) 2. Mgp Ingredients INC (MGPI 1.875 11-15-41) — US$171.7億 (16.9%) 3. Cracker Barrel Old Count (CBRL 0.625 06-15-26) — US$150.8億 (14.9%) 4. American Water Capital C (AWK 3.625 06-15-26) — US$116.9億 (11.5%) 5. Upstart Holdings INC (UPST 0.25 08-15-26) — US$87.1億 (8.6%)

Piper Sandler & Co. 在最新一期 13F 申報中做了哪些操作？

在最新申報季度中，Piper Sandler & Co. 共進行了 33 項顯著調整：新建倉 11 個部位、加碼 5 個既有持股、減碼 1 個部位，並完全清倉 16 個持股。其中幅度最大的異動：新建倉: American Water Capital C (AWK 3.625 06-15-26); 新建倉: Marriott Vacation Worldw (VAC 3.25 12-15-27); 新建倉: Teladoc Health INC (TDOC 1.25 06-01-27); 新建倉: Redwood Trust INC (RWT 7.75 06-15-27); 新建倉: Ziff Davis INC (ZD 1.75 11-01-26)

Piper Sandler & Co. 主要集中投資哪些產業板塊？

根據目前已申報的股票投資組合，Piper Sandler & Co. 的主要板塊分佈如下： • Consumer Discretionary: 41.2% • Utilities: 23.0% • Financials: 15.3% • Real Estate: 12.0% • Health Care: 7.9% • Information Technology: 0.7%