# PIPER SANDLER & CO.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 724683. Source: https://holderbook.com/funds/724683-piper-sandler-co/

- Reported value: $134.9M
- Positions: 19
- Weight of the ten largest: 91.9%
- Filed: 2026-07-28

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| LUMENTUM HLDGS INC | - | $32.3M | 5,018,000 | 23.9% | 1 |
| ADVANCED ENERGY INDS | - | $24.4M | 9,000,000 | 18.1% | 1 |
| MGP INGREDIENTS INC NEW | - | $17.4M | 18,027,000 | 12.9% | 4 |
| UPSTART HLDGS INC | - | $9.1M | 9,206,000 | 6.7% | 3 |
| BLACKSTONE MORTGAGE TRUST IN | - | $8.9M | 8,975,000 | 6.6% | 3 |
| STARWOOD PPTY TR INC | - | $8.1M | 8,000,000 | 6.0% | 1 |
| REDWOOD TRUST INC | - | $7.0M | 6,988,000 | 5.2% | 2 |
| SHIFT4 PMTS INC | - | $6.8M | 7,260,000 | 5.1% | 1 |
| MARRIOTT VACATIONS WORLDWIDE | - | $5.4M | 5,556,000 | 4.0% | 2 |
| TELADOC HEALTH INC | - | $4.7M | 4,932,000 | 3.5% | 2 |
| ZIFF DAVIS INC | - | $2.6M | 2,677,000 | 1.9% | 2 |
| UPWORK INC | - | $2.6M | 2,610,000 | 1.9% | 2 |
| SEA LTD | - | $2.5M | 2,500,000 | 1.8% | 1 |
| REDFIN CORP | - | $2.0M | 2,085,000 | 1.5% | 1 |
| PEBBLEBROOK HOTEL TR | - | $542.8K | 548,000 | 0.4% | 3 |
| APOLLO GLOBAL MGMT INC | [APOPRA](https://holderbook.com/stocks/APOPRA/) | $442.3K | 7,260 | 0.3% | 1 |
| AFFIRM HLDGS INC | - | $188.6K | 192,000 | 0.1% | 2 |
| WAYFAIR INC | - | $33.5K | 34,000 | 0.0% | 6 |
| GREEN PLAINS INC | - | $24.6K | 25,000 | 0.0% | 1 |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $134.9M | 19 |
| Q1 2026 | $102.0M | 20 |
| Q4 2025 | $141.2B | 25 |
| Q3 2025 | $139.3M | 24 |
| Q2 2025 | $129.6M | 20 |
| Q1 2025 | $132.9M | 29 |
| Q4 2024 | $131.1M | 28 |
| Q3 2024 | $148.2M | 37 |
| Q2 2024 | $127.9M | 17 |
| Q1 2024 | $145.3M | 22 |
| Q4 2023 | $132.5M | 20 |
| Q3 2023 | $105.6M | 10 |