PIPER SANDLER & CO.
CIK: 0000724683SEC EDGAR →
Portfolio Value
$141.2M
Holdings
25
As of
Q4 2025
New Positions
24
Closed Positions
0
Top 10 Holdings
| Rank | Stock | Shares | Value | % of Portfolio |
|---|---|---|---|---|
| 1 | SUMMIT HOTEL PPTYS | 19,796,000 | $19.6M | 13.87% |
| 2 | JETBLUE AIRWAYS CORP | 16,795,000 | $16.4M | 11.60% |
| 3 | CABLE ONE INC | 14,124,000 | $13.8M | 9.80% |
| 4 | MARRIOTT VACATIONS WORLDWIDE | 13,547,000 | $13.4M | 9.51% |
| 5 | TWO HARBORS INVENTMENT CORPO | 12,687,000 | $12.6M | 8.90% |
| 6 | ENPHASE ENERGY INC | 10,664,000 | $10.5M | 7.42% |
| 7 | MGP INGREDIENTS INC NEW | 10,802,000 | $10.4M | 7.34% |
| 8 | PENNYMAC CORP | 9,541,000 | $9.4M | 6.69% |
| 9 | CRACKER BARREL OLD CTRY STOR | 7,170,000 | $6.9M | 4.89% |
| 10 | PELOTON INTERACTIVE INC | 5,000,000 | $4.9M | 3.47% |
Quarterly Changes
Top Buys
INN 1.5 02/15/26↑ Increased
$9.1M
JBLU 0.5 04/01/26↑ Increased
$8.9M
$6.9M
CABO 0 03/15/26↑ Increased
$6.5M
MGPI 1.875 11/15/41↑ Increased
$5.6M
Top Sells
SEALTD 2.375 12/01/25CLOSED
$24.6M
FVRR 0 11/01/25CLOSED
$14.9M
RWT 5.75 10/01/25CLOSED
$12.5M
NVCR 0 11/01/25CLOSED
$10.8M
NMFC 7.5 10/15/25CLOSED
$5.6M
New Positions (10)
$6.9M · 7.2M shares
$4.8M · 5.0M shares
$4.2M · 4.3M shares
$4.0M · 4.0M shares
$1.5M · 1.5M shares
$1.3M · 1.3M shares
$1.1M · 1.2M shares
$1.1M · 1.1M shares
$684K · 700K shares
$81K · 84K shares
Closed Positions (9)
$24.6M · 12.5M shares
$14.9M · 15.1M shares
$12.5M · 12.6M shares
$10.8M · 11.0M shares
$5.6M · 5.6M shares
$1.5M · 1.5M shares
$439K · 23K shares
$248K · 250K shares
$30K · 8K shares
Sector Breakdown
| Sector | # Holdings | Value | % |
|---|---|---|---|
| Unknown | 22 | $138.8M | 98.3% |
| Technology | 1 | $1.5M | 1.0% |
| Energy | 1 | $739K | 0.5% |
| Healthcare | 1 | $144K | 0.1% |