PIER 88 INVESTMENT PARTNERS LLC

SAN FRANCISCO, CA · CIK 1697366 · 13F filing filed 2023-05-09

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Legal entityPIER 88 INVESTMENT PARTNERS LLC (US)

Others nearbySan Francisco, CA

$413.3m reported value +0.2% vs Q4 2022

89positions

45.8%in top 10

11 new 36 added 23 reduced 16 sold out vs Q4 2022

This report includes the holdings of 1 other manager that shares the investment decisions:

PRELUDE CAPITAL MANAGEMENT, LLC – files its own report too; $7.5m of shares are in both

Shares in two reports are counted once in each security's totals.

Holdings, Q1 2023

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	WESTERN DIGITAL CORP. NOTE 1.500% 2/0 · principal WDC 1.5 02.01.24 · principal	WDC 1.5 02.01.24	21,208,080	$20.4m4.95%	4.95%	Added +1.3m	+1,270,000 6.4%
2	EURONET WORLDWIDE INC NOTE 0.750% 3/1 · principal EEFT 0.75 03.15.49 · principal	EEFT 0.75 03.15.49	20,880,928	$20.1m4.86%	4.86%	Added +330.0k	+330,000 1.6%
3	BECTON DICKINSON & CO 6% DP CONV PFD B BDX 6 06.01.23 B	BDX 6 06.01.23 B	393,810	$19.6m4.74%	4.74%	Added +7.0k	+6,960 1.8%
4	EXPEDIA GROUP INC NOTE 2/1 · principal EXPE 0 02.15.26 · principal	EXPE 0 02.15.26	21,755,000	$19.5m4.71%	4.71%	Added +2.8m	+2,820,000 14.9%
5	NISOURCE INC UNIT 12/01/2023 NI 7.75 03.01.24	NI 7.75 03.01.24	180,720	$18.9m4.56%	4.56%	Reduced -600	-600 -0.3%
6	ALTERYX INC NOTE 1.000% 8/0 · principal AYX 1 08.01.26 · principal	AYX 1 08.01.26	22,055,000	$18.6m4.50%	4.50%	Added +820.0k	+820,000 3.9%
7	DEXCOM INC NOTE 0.250%11/1 · principal DXCM 0.25 11.15.25 · principal	DXCM 0.25 11.15.25	17,320,000	$18.6m4.49%	4.49%	Unchanged
8	SOUTHWEST AIRLS CO NOTE 1.250% 5/0 · principal LUV 1.25 05.01.25 · principal	LUV 1.25 05.01.25	16,030,000	$18.2m4.41%	4.41%	New
9	AMERICAN ELEC PWR CO INC UNIT 08/15/2023 AEP 6.125 08.15.23	AEP 6.125 08.15.23	359,100	$18.1m4.37%	4.37%	Added +123.4k	+123,400 52.4%
10	OKTA INC NOTE 0.375% 6/1 · principal OKTA 0.375 06.15.26 · principal	OKTA 0.375 06.15.26	20,419,000	$17.4m4.20%	4.20%	Added +8.1m	+8,050,000 65.1%
11	CHEGG INC NOTE 9/0 · principal CHGG 0 09.01.26 · principal	CHGG 0 09.01.26	21,277,000	$16.7m4.04%	4.04%	Added +140.0k	+140,000 0.7%
12	SPLUNK INC NOTE 1.125% 6/1 · principal SPLK 1.125 06.15.27 · principal	SPLK 1.125 06.15.27	19,550,000	$16.7m4.04%	4.04%	Added +7.1m	+7,070,000 56.6%
13	DOCUSIGN INC NOTE 1/1 · principal DOCU 0 01.15.24 · principal	DOCU 0 01.15.24	16,610,000	$15.8m3.83%	3.83%	Added +2.4m	+2,410,000 17.0%
14	ETSY INC NOTE 0.250% 6/1 · principal ETSY 0.25 06.15.28 · principal	ETSY 0.25 06.15.28	19,100,000	$15.8m3.81%	3.81%	Added +14.8m	+14,780,000 342.1%
15	WIX COM LTD NOTE 8/1 · principal WIX 0 08.15.25 · principal	WIX 0 08.15.25	16,625,000	$14.3m3.47%	3.47%	Added +7.0m	+7,040,000 73.5%
16	BOOKING HOLDINGS INC NOTE 0.750% 5/0 · principal BKNG 0.75 05.01.25 · principal	BKNG 0.75 05.01.25	9,450,000	$14.2m3.42%	3.42%	Added +4.0m	+4,020,000 74.0%
17	ARES CAPITAL CORP NOTE 4.625% 3/0 · principal ARCC 4.625 03.01.24 · principal	ARCC 4.625 03.01.24	13,425,000	$13.5m3.27%	3.27%	Added +530.0k	+530,000 4.1%
18	BOSTON SCIENTIFIC CORP 5.50% CNV PFD A BSX 5.5 06.01.23 A	BSX 5.5 06.01.23 A	90,935	$11.0m2.66%	2.66%	Reduced -88.4k	-88,380 -49.3%
19	BANK AMERICA CORP 7.25%CNV PFD L BAC 7.25 PERP L	BAC 7.25 PERP L	7,403	$8.6m2.09%	2.09%	Reduced -9.5k	-9,520 -56.2%
20	RINGCENTRAL INC NOTE 3/0 · principal RNG 0 03.01.25 · principal	RNG 0 03.01.25	5,990,000	$5.3m1.28%	1.28%	Added +870.0k	+870,000 17.0%
21	KKR & CO INC 6% MCONV PFD C KKR 6 09.15.23 C	KKR 6 09.15.23 C	77,700	$4.9m1.19%	1.19%	Reduced -108.6k	-108,600 -58.3%
22	TRADEWEB MKTS INC CL A TW	TW	55,173	$4.4m1.05%	1.05%	Added +30.2k	+30,183 120.8%
23	SPDR GOLD TR GOLD SHS GLD	GLD	21,519	$3.9m0.95%	0.95%	Added +4.5k	+4,493 26.4%
24	NEXTERA ENERGY INC UNIT 09/01/2023 NEE 6.219 09.01.23	NEE 6.219 09.01.23	76,800	$3.8m0.91%	0.91%	Reduced -8.2k	-8,200 -9.7%
25	SALESFORCE INC COM CRM	CRM	18,483	$3.7m0.89%	0.89%	New
26	CYBERARK SOFTWARE LTD NOTE 11/1 · principal CYBR 0 11.15.24 · principal	CYBR 0 11.15.24	3,025,000	$3.4m0.82%	0.82%	Reduced -440.0k	-440,000 -12.7%
27	INSULET CORP NOTE 0.375% 9/0 · principal PODD 0.375 09.01.26 · principal	PODD 0.375 09.01.26	2,180,000	$3.3m0.79%	0.79%	Reduced -230.0k	-230,000 -9.5%
28	PROS HOLDINGS INC NOTE 1.000% 5/1 · principal PRO 1 05.15.24 · principal	PRO 1 05.15.24	3,120,000	$2.9m0.71%	0.71%	Unchanged
29	MODEL N INC COM MODN	MODN	84,496	$2.8m0.68%	0.68%	Added +40.6k	+40,637 92.7%
30	MOOG INC CL A MOG.A	MOG.A	26,401	$2.7m0.64%	0.64%	New
31	ATI INC COM ATI	ATI	66,358	$2.6m0.63%	0.63%	New
32	INSULET CORP COM PODD	PODD	7,817	$2.5m0.60%	0.60%	Added +3.7k	+3,720 90.8%
33	DEXCOM INC COM DXCM	DXCM	21,170	$2.5m0.60%	0.60%	Added +4.8k	+4,800 29.3%
34	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	5,400	$2.2m0.53%	0.53%	Added +2.1k	+2,100 63.6%
35	WORKDAY INC CL A WDAY	WDAY	10,440	$2.2m0.52%	0.52%	New
36	PIONEER NAT RES CO COM PXD	PXD	9,800	$2.0m0.48%	0.48%	Reduced -1.2k	-1,200 -10.9%
37	EURONET WORLDWIDE INC COM EEFT	EEFT	17,291	$1.9m0.47%	0.47%	Unchanged
38	TRANSDIGM GROUP INC COM TDG	TDG	2,495	$1.8m0.44%	0.44%	Added +300	+300 13.7%
39	LATTICE SEMICONDUCTOR CORP COM LSCC	LSCC	19,028	$1.8m0.44%	0.44%	Reduced -1.8k	-1,840 -8.8%
40	BOOKING HOLDINGS INC COM BKNG	BKNG	652	$1.7m0.42%	0.42%	New
41	LINDSAY CORP COM LNN	LNN	11,375	$1.7m0.42%	0.42%	Unchanged
42	WELLS FARGO CO NEW PERP PFD CNV A WFC 7.5 PERP L	WFC 7.5 PERP L	1,452	$1.7m0.41%	0.41%	Reduced -15.0k	-15,043 -91.2%
43	KBR INC COM KBR	KBR	29,950	$1.6m0.40%	0.40%	Reduced -62.8k	-62,803 -67.7%
44	R1 RCM INC COM COM		105,780	$1.6m0.38%	0.38%	Added +28.0k	+27,990 36.0%
45	ALTERYX INC COM CL A AYX	AYX	26,075	$1.5m0.37%	0.37%	Added +9.5k	+9,470 57.0%
46	MONOLITHIC PWR SYS INC COM MPWR	MPWR	3,050	$1.5m0.37%	0.37%	Reduced -120	-120 -3.8%
47	FARMLAND PARTNERS INC COM FPI	FPI	134,698	$1.4m0.35%	0.35%	Added +42.8k	+42,800 46.6%
48	BIOMARIN PHARMACEUTICAL INC NOTE 1.250% 5/1 · principal BMRN 1.25 05.15.27 · principal	BMRN 1.25 05.15.27	1,332,000	$1.4m0.34%	0.34%	New
49	CROWDSTRIKE HLDGS INC CL A CRWD	CRWD	9,510	$1.3m0.32%	0.32%	Added +7.5k	+7,490 370.8%
50	HUBSPOT INC COM HUBS	HUBS	2,780	$1.2m0.29%	0.29%	Unchanged
51	OKTA INC CL A OKTA	OKTA	12,668	$1.1m0.26%	0.26%	Added +6.8k	+6,798 115.8%
52	ENERGY RECOVERY INC COM ERII	ERII	47,170	$1.1m0.26%	0.26%	Reduced -5.7k	-5,700 -10.8%
53	ENTEGRIS INC COM ENTG	ENTG	13,210	$1.1m0.26%	0.26%	Added +1.6k	+1,600 13.8%
54	DECKERS OUTDOOR CORP COM DECK	DECK	2,230	$1.0m0.24%	0.24%	Reduced -2.4k	-2,390 -51.7%
55	DENALI THERAPEUTICS INC COM DNLI	DNLI	42,840	$987.0k0.24%	0.24%	Added +7.6k	+7,600 21.6%
56	DOVER CORP COM DOV	DOV	6,206	$942.9k0.23%	0.23%	Added +4.8k	+4,756 328.0%
57	FIVE BELOW INC COM FIVE	FIVE	4,280	$881.6k0.21%	0.21%	Unchanged
58	ULTRAGENYX PHARMACEUTICAL IN COM RARE	RARE	21,750	$872.2k0.21%	0.21%	Unchanged
59	PETIQ INC NOTE 4.000% 6/0 · principal PETQ 4 06.01.26 · principal	PETQ 4 06.01.26	1,005,000	$870.8k0.21%	0.21%	New
60	ON SEMICONDUCTOR CORP COM ON	ON	10,360	$852.8k0.21%	0.21%	Reduced -4.0k	-4,020 -28.0%
61	CYBERARK SOFTWARE LTD SHS CYBR	CYBR	5,190	$768.0k0.19%	0.19%	Added +1.8k	+1,790 52.6%
62	PROS HOLDINGS INC COM PRO	PRO	27,970	$766.4k0.19%	0.19%	Reduced -17.6k	-17,650 -38.7%
63	SILICON LABORATORIES INC COM SLAB	SLAB	3,942	$690.2k0.17%	0.17%	Reduced -2.6k	-2,616 -39.9%
64	HEALTH CATALYST INC COM HCAT	HCAT	54,620	$637.4k0.15%	0.15%	New
65	ADAPTIVE BIOTECHNOLOGIES COR COM ADPT	ADPT	71,625	$632.4k0.15%	0.15%	Added +14.4k	+14,420 25.2%
66	SYNAPTICS INC COM SYNA	SYNA	5,680	$631.3k0.15%	0.15%	Reduced -1.6k	-1,590 -21.9%
67	CHEWY INC CL A CHWY	CHWY	15,830	$591.7k0.14%	0.14%	New
68	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	1,800	$577.7k0.14%	0.14%	Reduced -6.2k	-6,200 -77.5%
69	SPLUNK INC COM SPLK	SPLK	5,636	$540.4k0.13%	0.13%	Reduced -2.3k	-2,300 -29.0%
70	KEYSIGHT TECHNOLOGIES INC COM KEYS	KEYS	3,245	$524.0k0.13%	0.13%	Unchanged
71	DATADOG INC CL A COM DDOG	DDOG	6,180	$449.0k0.11%	0.11%	Unchanged
72	MODEL N INC NOTE 2.625% 6/0 · principal MODN 2.625 06.01.25 · principal	MODN 2.625 06.01.25	350,000	$426.3k0.10%	0.10%	Unchanged
73	SPLUNK INC NOTE 1.125% 9/1 · principal SPLK 1.125 09.15.25 · principal	SPLK 1.125 09.15.25	370,000	$358.9k0.09%	0.09%	Added +180.0k	+180,000 94.7%
74	HELEN OF TROY LTD COM HELE	HELE	3,505	$333.6k0.08%	0.08%	Unchanged
75	DTE ENERGY CO COM DTE	DTE	2,894	$317.0k0.08%	0.08%	Unchanged
76	MIRATI THERAPEUTICS INC COM MRTX	MRTX	7,440	$276.6k0.07%	0.07%	Added +3.4k	+3,350 81.9%
77	DOXIMITY INC CL A DOCS	DOCS	8,140	$263.6k0.06%	0.06%	Reduced -14.1k	-14,060 -63.3%
78	TABULA RASA HEALTHCARE INC NOTE 1.750% 2/1 · principal TRHC 1.75 02.15.26 · principal	TRHC 1.75 02.15.26	300,000	$250.0k0.06%	0.06%	Unchanged
79	DOMINION ENERGY INC COM D	D	4,315	$241.3k0.06%	0.06%	Unchanged
80	10X GENOMICS INC CL A COM TXG	TXG	4,190	$233.8k0.06%	0.06%	Unchanged
81	EVOQUA WATER TECHNOLOGIES CO COM AQUA	AQUA	4,127	$205.2k0.05%	0.05%	Reduced -29.1k	-29,092 -87.6%
82	CLOUDFLARE INC CL A COM NET	NET	2,730	$168.3k0.04%	0.04%	Unchanged
83	GOOSEHEAD INS INC COM CL A GSHD	GSHD	2,535	$132.3k0.03%	0.03%	Added +290	+290 12.9%
84	EQUINOX GOLD CORP COM EQX	EQX	21,885	$112.7k0.03%	0.03%	Unchanged
85	BIOMARIN PHARMACEUTICAL INC COM BMRN	BMRN	1,000	$97.2k0.02%	0.02%	New
86	FISKER INC CL A COM STK SPAQ	SPAQ	10,380	$63.7k0.02%	0.02%	Unchanged
87	REVOLVE GROUP INC CL A RVLV	RVLV	2,120	$55.8k0.01%	0.01%	Added +1.6k	+1,600 307.7%
88	NEXTERA ENERGY INC COM NEE	NEE	7	$5400.00%	0.00%	Unchanged
89	ZSCALER INC COM ZS	ZS	1	$1170.00%	0.00%	Reduced -429	-429 -99.8%

Sold out since Q4 2022

Security	Ticker	Shares held before	Value then
DANAHER CORPORATION DHR 5 04.15.23 B	DHR 5 04.15.23 B	14,364	$19.5m14.4k shares
NEXTERA ENERGY INC NEE 5.279 03.01.23	NEE 5.279 03.01.23	299,134	$15.2m299.1k shares
ELEVANCE HEALTH INC ELV 2.75 10.15.42	ELV 2.75 10.15.42	570,000	$4.2m570.0k shares
NUVASIVE INC GMED 1 06.01.23	GMED 1 06.01.23	2,670,000	$2.6m2.7m shares
ON SEMICONDUCTOR CORP ON 0 05.01.27	ON 0 05.01.27	1,930,000	$2.6m1.9m shares
ETSY INC ETSY	ETSY	14,991	$1.8m15.0k shares
FIRST REP BK SAN FRANCISCO C FRCB	FRCB	10,310	$1.3m10.3k shares
BUNGE LIMITED BG	BG	12,182	$1.2m12.2k shares
KBR INC KBR 2.5 11.01.23	KBR 2.5 11.01.23	110,000	$232.5k110.0k shares
NUVASIVE INC NUVA	NUVA	4,725	$194.9k4.7k shares
HERON THERAPEUTICS INC HRTX	HRTX	60,000	$150.0k60.0k shares
EAST WEST BANCORP INC EWBC	EWBC	1,010	$66.6k1.0k shares
PALO ALTO NETWORKS INC PANW	PANW	450	$62.8k450 shares
SVB FINANCIAL GROUP SIVB	SIVB	185	$42.6k185 shares
SEER INC SEER	SEER	6,600	$38.3k6.6k shares
VERTIV HOLDINGS CO VRT	VRT	10	$13710 shares