PIPER SANDLER & CO. — 13F Holdings & Portfolio
CIK 724683 · latest 13F-HR filed 2026-07-28
PIPER SANDLER & CO. manages $134.9M in 13F-reported U.S. long-equity assets across 19 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are LITE (23.92%), AEIS (18.10%), MGPI (12.90%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 8 new positions, exited 9, added to 3, and trimmed 0.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
SUITE 1000
MINNEAPOLIS, MN 55401
$134.9M
Long-equity book
19
Distinct positions
2026-06-30
Filed 2026-07-28
+8 / −9 / ↑3 / ↓0
vs 2026-03-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- REDWOOD TRUST INC$3.0M +76.6%
- BLACKSTONE MORTGAGE TRUST IN$1.8M +24.9%
- PEBBLEBROOK HOTEL TR$461.0K +563.5%
New Positions
- LUMENTUM HLDGS INC$32.3M
- ADVANCED ENERGY INDS$24.4M
- STARWOOD PPTY TR INC$8.1M
- SHIFT4 PMTS INC$6.8M
- SEA LTD$2.5M
Exited Positions
- PENN ENTERTAINMENT INC$19.0M
- CRACKER BARREL OLD CTRY STOR$15.1M
- AMERICAN WTR CAP CORP$11.7M
- DUKE ENERGY CORP NEW$1.9M
- PROGRESS SOFTWARE CORP$897.8K
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | LUMENTUM HLDGS INC | LITE | 55024UAF6 | $32.3M | 23.92% | 5,018,000 | PRN |
| 2 | ADVANCED ENERGY INDS | AEIS | 007973AE0 | $24.4M | 18.10% | 9,000,000 | PRN |
| 3 | MGP INGREDIENTS INC NEW | MGPI | 55303JAB2 | $17.4M | 12.90% | 18,027,000 | PRN |
| 4 | UPSTART HLDGS INC | UPST | 91680MAB3 | $9.1M | 6.72% | 9,206,000 | PRN |
| 5 | BLACKSTONE MORTGAGE TRUST IN | BXMT | 09257WAE0 | $8.9M | 6.57% | 8,975,000 | PRN |
| 6 | STARWOOD PPTY TR INC | STWD | 85571BBA2 | $8.1M | 5.98% | 8,000,000 | PRN |
| 7 | REDWOOD TRUST INC | RWT | 758075AF2 | $7.0M | 5.19% | 6,988,000 | PRN |
| 8 | SHIFT4 PMTS INC | FOUR | 82452JAD1 | $6.8M | 5.07% | 7,260,000 | PRN |
| 9 | MARRIOTT VACATIONS WORLDWIDE | VAC | 57164YAF4 | $5.4M | 3.98% | 5,556,000 | PRN |
| 10 | TELADOC HEALTH INC | TDOC | 87918AAF2 | $4.7M | 3.50% | 4,932,000 | PRN |
| 11 | ZIFF DAVIS INC | ZD | 48123VAE2 | $2.6M | 1.94% | 2,677,000 | PRN |
| 12 | UPWORK INC | UPWK | 91688FAB0 | $2.6M | 1.90% | 2,610,000 | PRN |
| 13 | SEA LTD | SEA | 81141RAG5 | $2.5M | 1.83% | 2,500,000 | PRN |
| 14 | REDFIN CORP | — | 75737FAE8 | $2.0M | 1.48% | 2,085,000 | PRN |
| 15 | PEBBLEBROOK HOTEL TR | PEB | 70509VAA8 | $542.8K | 0.40% | 548,000 | PRN |
| 16 | APOLLO GLOBAL MGMT INC | APOPA | 03769M304 | $442.3K | 0.33% | 7,260 | SH |
| 17 | AFFIRM HLDGS INC | AFRM | 00827BAB2 | $188.6K | 0.14% | 192,000 | PRN |
| 18 | WAYFAIR INC | W | 94419LAF8 | $33.5K | 0.02% | 34,000 | PRN |
| 19 | GREEN PLAINS INC | GPRE | 393222AK0 | $24.6K | 0.02% | 25,000 | PRN |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-07-28 | $134.9M | 19 | 0000724683-26-000057 |
| 2026-03-31 | 2026-05-12 | $102.0M | 21 | 0000724683-26-000047 |
| 2025-12-31 | 2026-02-12 | $141.2M | 25 | 0000724683-26-000006 |
| 2025-09-30 | 2025-11-12 | $139.3M | 24 | 0000724683-25-000131 |