PIER 88 INVESTMENT PARTNERS LLC

SAN FRANCISCO, CA · CIK 1697366 · 13F filing filed 2023-11-09

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)

$401.4m reported value -0.6% vs Q2 2023

99positions

46.1%in top 10

13 new 41 added 21 reduced 5 sold out vs Q2 2023

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

PRELUDE CAPITAL MANAGEMENT, LLC – files its own report too; $8.0m of shares are in both

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

Holdings, Q3 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	20,858,080	$20.5m5.11%	5.11%	Added +1.7m	+1,710,000 8.9%
2	EURONET WORLDWIDE INC NOTE 0.750% 3/1 · principal EEFT 0.75 03.15.49 · principal	EEFT 0.75 03.15.49	21,460,928	$19.7m4.91%	4.91%	Added +2.1m	+2,140,000 11.1%
3	ALTERYX INC NOTE 1.000% 8/0 · principal AYX 1 08.01.26 · principal	AYX 1 08.01.26	22,055,000	$19.4m4.84%	4.84%	Unchanged
4	EXPEDIA GROUP INC NOTE 2/1 · principal EXPE 0 02.15.26 · principal	EXPE 0 02.15.26	22,125,000	$19.2m4.79%	4.79%	Added +1.5m	+1,500,000 7.3%
5	ETSY INC NOTE 0.250% 6/1 · principal ETSY 0.25 06.15.28 · principal	ETSY 0.25 06.15.28	25,230,000	$19.1m4.75%	4.75%	Added +6.1m	+6,130,000 32.1%
6	OKTA INC NOTE 0.375% 6/1 · principal OKTA 0.375 06.15.26 · principal	OKTA 0.375 06.15.26	21,569,000	$18.8m4.68%	4.68%	Added +1.7m	+1,730,000 8.7%
7	SPLUNK INC NOTE 1.125% 6/1 · principal SPLK 1.125 06.15.27 · principal	SPLK 1.125 06.15.27	19,770,000	$18.7m4.65%	4.65%	Added +1.5m	+1,470,000 8.0%
8	BANK AMERICA CORP 7.25%CNV PFD L BAC 7.25 PERP L	BAC 7.25 PERP L	15,653	$17.4m4.34%	4.34%	Added +700	+700 4.7%
9	CHEGG INC NOTE 9/0 · principal CHGG 0 09.01.26 · principal	CHGG 0 09.01.26	21,277,000	$16.7m4.15%	4.15%	Unchanged
10	DEXCOM INC NOTE 0.250%11/1 · principal DXCM 0.25 11.15.25 · principal	DXCM 0.25 11.15.25	16,470,000	$15.5m3.87%	3.87%	Added +170.0k	+170,000 1.0%
11	WELLS FARGO CO NEW PERP PFD CNV A WFC 7.5 PERP L	WFC 7.5 PERP L	13,792	$15.4m3.83%	3.83%	Added +11.0k	+11,040 401.2%
12	SOUTHWEST AIRLS CO NOTE 1.250% 5/0 · principal LUV 1.25 05.01.25 · principal	LUV 1.25 05.01.25	15,220,000	$15.1m3.76%	3.76%	Reduced -1.7m	-1,710,000 -10.1%
13	ARES CAPITAL CORP NOTE 4.625% 3/0 · principal ARCC 4.625 03.01.24 · principal	ARCC 4.625 03.01.24	14,425,000	$14.6m3.65%	3.65%	Added +1.0m	+1,000,000 7.5%
14	APOLLO GLOBAL MGMT INC SER A MAND CNV APO 6.75 07.31.26	APO 6.75 07.31.26	252,580	$13.9m3.47%	3.47%	New
15	NEXTERA ENERGY INC UNIT 09/01/2025 NEE 6.926 09.01.25	NEE 6.926 09.01.25	352,600	$13.3m3.32%	3.32%	New
16	WIX COM LTD NOTE 8/1 · principal WIX 0 08.15.25 · principal	WIX 0 08.15.25	14,845,000	$13.1m3.27%	3.27%	Unchanged
17	DOCUSIGN INC NOTE 1/1 · principal DOCU 0 01.15.24 · principal	DOCU 0 01.15.24	13,260,000	$13.0m3.24%	3.24%	Unchanged
18	RINGCENTRAL INC NOTE 3/0 · principal RNG 0 03.01.25 · principal	RNG 0 03.01.25	5,990,000	$5.5m1.38%	1.38%	Unchanged
19	TYLER TEX INDPT SCH DIST NOTE 0.250% 3/1 · principal TYL 0.25 03.15.26 · principal	TYL 0.25 03.15.26	5,684,000	$5.5m1.37%	1.37%	Added +1.4m	+1,420,000 33.3%
20	PIONEER NAT RES CO COM PXD	PXD	22,800	$5.2m1.30%	1.30%	Added +10.8k	+10,800 90.0%
21	CYBERARK SOFTWARE LTD NOTE 11/1 · principal CYBR 0 11.15.24 · principal	CYBR 0 11.15.24	4,075,000	$4.7m1.17%	1.17%	Added +1.1m	+1,100,000 37.0%
22	SHOPIFY INC NOTE 0.125%11/0 · principal SHOPCN 0.125 11.01.25 · principal	SHOPCN 0.125 11.01.25	4,602,000	$4.1m1.02%	1.02%	Added +1.8m	+1,800,000 64.2%
23	RBC BEARINGS INC 5% CNV PFD SR A RBC 5 10.15.24 A	RBC 5 10.15.24 A	29,200	$3.2m0.80%	0.80%	Reduced -3.3k	-3,300 -10.2%
24	KBR INC COM KBR	KBR	54,290	$3.2m0.80%	0.80%	Reduced -6.4k	-6,400 -10.6%
25	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	8,700	$3.1m0.78%	0.78%	Unchanged
26	PROS HOLDINGS INC NOTE 2.250% 9/1 · principal PRO 2.25 09.15.27 · principal	PRO 2.25 09.15.27	2,941,000	$3.1m0.77%	0.77%	New
27	EQT CORP COM EQT	EQT	74,100	$3.0m0.75%	0.75%	New
28	SPDR GOLD TR GOLD SHS GLD	GLD	15,919	$2.7m0.68%	0.68%	Unchanged
29	MERCADOLIBRE INC COM MELI	MELI	1,990	$2.5m0.63%	0.63%	New
30	BOOKING HOLDINGS INC COM BKNG	BKNG	800	$2.5m0.61%	0.61%	Added +100	+100 14.3%
31	TRADEWEB MKTS INC CL A TW	TW	29,550	$2.4m0.59%	0.59%	Added +11.5k	+11,500 63.7%
32	ON SEMICONDUCTOR CORP COM ON	ON	25,170	$2.3m0.58%	0.58%	Reduced -18.9k	-18,870 -42.9%
33	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	5,400	$2.3m0.58%	0.58%	Unchanged
34	SPLUNK INC COM SPLK	SPLK	15,076	$2.2m0.55%	0.55%	Added +900	+900 6.3%
35	DATADOG INC NOTE 0.125% 6/1 · principal DDOG 0.125 06.15.25 · principal	DDOG 0.125 06.15.25	1,800,000	$2.1m0.53%	0.53%	New
36	TRANSDIGM GROUP INC COM TDG	TDG	2,505	$2.1m0.53%	0.53%	Unchanged
37	CYBERARK SOFTWARE LTD SHS CYBR	CYBR	11,990	$2.0m0.49%	0.49%	Added +2.3k	+2,300 23.7%
38	ALTERYX INC COM CL A AYX	AYX	50,385	$1.9m0.47%	0.47%	Added +29.2k	+29,190 137.7%
39	BIOMARIN PHARMACEUTICAL INC NOTE 1.250% 5/1 · principal BMRN 1.25 05.15.27 · principal	BMRN 1.25 05.15.27	1,902,000	$1.9m0.47%	0.47%	Added +1.3m	+1,300,000 215.9%
40	ATI INC COM ATI	ATI	45,223	$1.9m0.46%	0.46%	Reduced -23.2k	-23,200 -33.9%
41	LATTICE SEMICONDUCTOR CORP COM LSCC	LSCC	20,168	$1.7m0.43%	0.43%	Added +7.0k	+6,980 52.9%
42	FARMLAND PARTNERS INC COM FPI	FPI	168,008	$1.7m0.43%	0.43%	Unchanged
43	DATADOG INC CL A COM DDOG	DDOG	18,670	$1.7m0.42%	0.42%	Added +5.4k	+5,420 40.9%
44	GOOSEHEAD INS INC COM CL A GSHD	GSHD	22,365	$1.7m0.42%	0.42%	Reduced -1.4k	-1,430 -6.0%
45	ENERGY RECOVERY INC COM ERII	ERII	77,550	$1.6m0.41%	0.41%	Added +5.9k	+5,900 8.2%
46	DRAFTKINGS INC NEW NOTE 3/1 · principal DKNG 0 03.15.28 · principal	DKNG 0 03.15.28	2,150,000	$1.6m0.41%	0.41%	New
47	INVESCO EXCH TRADED FD TR II NASDAQ 100 ETF QQQM	QQQM	10,800	$1.6m0.40%	0.40%	Unchanged
48	BROADCOM INC COM AVGO	AVGO	1,840	$1.5m0.38%	0.38%	Reduced -1.1k	-1,130 -38.0%
49	OKTA INC CL A OKTA	OKTA	18,730	$1.5m0.38%	0.38%	Added +12.8k	+12,830 217.5%
50	NUTANIX INC CL A NTNX	NTNX	42,200	$1.5m0.37%	0.37%	New
51	HEALTH CATALYST INC NOTE 2.500% 4/1 · principal HCAT 2.5 04.15.25 · principal	HCAT 2.5 04.15.25	1,490,000	$1.4m0.36%	0.36%	Unchanged
52	R1 RCM INC COM COM		94,690	$1.4m0.36%	0.36%	Unchanged
53	DECKERS OUTDOOR CORP COM DECK	DECK	2,760	$1.4m0.35%	0.35%	Added +530	+530 23.8%
54	PROS HOLDINGS INC COM PRO	PRO	40,790	$1.4m0.35%	0.35%	Reduced -8.0k	-7,960 -16.3%
55	CLOUDFLARE INC CL A COM NET	NET	21,640	$1.4m0.34%	0.34%	Added +2.5k	+2,530 13.2%
56	MONOLITHIC PWR SYS INC COM MPWR	MPWR	2,920	$1.3m0.34%	0.34%	Added +250	+250 9.4%
57	BOSTON SCIENTIFIC CORP COM BSX	BSX	24,500	$1.3m0.32%	0.32%	Reduced -4.2k	-4,191 -14.6%
58	HUBSPOT INC COM HUBS	HUBS	2,600	$1.3m0.32%	0.32%	Added +130	+130 5.3%
59	WIX COM LTD SHS WIX	WIX	13,490	$1.2m0.31%	0.31%	New
60	DEXCOM INC COM DXCM	DXCM	12,770	$1.2m0.30%	0.30%	Reduced -5.9k	-5,910 -31.6%
61	ENTEGRIS INC COM ENTG	ENTG	12,410	$1.2m0.29%	0.29%	Unchanged
62	SPLUNK INC NOTE 1.125% 9/1 · principal SPLK 1.125 09.15.25 · principal	SPLK 1.125 09.15.25	1,060,000	$1.1m0.28%	0.28%	Added +690.0k	+690,000 186.5%
63	DENALI THERAPEUTICS INC COM DNLI	DNLI	50,700	$1.0m0.26%	0.26%	Added +3.0k	+3,020 6.3%
64	HEALTH CATALYST INC COM HCAT	HCAT	101,470	$1.0m0.26%	0.26%	Added +11.1k	+11,080 12.3%
65	EURONET WORLDWIDE INC COM EEFT	EEFT	12,351	$980.4k0.24%	0.24%	Reduced -7.0k	-7,040 -36.3%
66	MODEL N INC COM MODN	MODN	38,179	$931.9k0.23%	0.23%	Added +11.2k	+11,180 41.4%
67	HELEN OF TROY LTD COM HELE	HELE	7,285	$849.1k0.21%	0.21%	Added +1.0k	+1,000 15.9%
68	CROWDSTRIKE HLDGS INC CL A CRWD	CRWD	4,650	$778.3k0.19%	0.19%	Added +1.8k	+1,790 62.6%
69	MEDPACE HLDGS INC COM MEDP	MEDP	3,020	$731.2k0.18%	0.18%	New
70	MIRATI THERAPEUTICS INC COM MRTX	MRTX	16,440	$716.1k0.18%	0.18%	Added +8.6k	+8,550 108.4%
71	DOVER CORP COM DOV	DOV	4,923	$686.8k0.17%	0.17%	Reduced -1.3k	-1,283 -20.7%
72	MOOG INC CL A MOG.A	MOG.A	5,916	$668.3k0.17%	0.17%	Unchanged
73	PETIQ INC NOTE 4.000% 6/0 · principal PETQ 4 06.01.26 · principal	PETQ 4 06.01.26	635,000	$614.8k0.15%	0.15%	Reduced -590.0k	-590,000 -48.2%
74	SYNAPTICS INC COM SYNA	SYNA	6,700	$599.2k0.15%	0.15%	Added +1.0k	+1,020 18.0%
75	FIVE BELOW INC COM FIVE	FIVE	3,460	$556.7k0.14%	0.14%	Reduced -820	-820 -19.2%
76	KEYSIGHT TECHNOLOGIES INC COM KEYS	KEYS	3,875	$512.7k0.13%	0.13%	Unchanged
77	MONDAY COM LTD SHS MNDY	MNDY	2,900	$461.7k0.12%	0.12%	New
78	ADAPTIVE BIOTECHNOLOGIES COR COM ADPT	ADPT	76,495	$416.9k0.10%	0.10%	Added +4.9k	+4,870 6.8%
79	ULTRAGENYX PHARMACEUTICAL IN COM RARE	RARE	11,680	$416.4k0.10%	0.10%	Reduced -11.6k	-11,620 -49.9%
80	10X GENOMICS INC CL A COM TXG	TXG	9,690	$399.7k0.10%	0.10%	Unchanged
81	BIOMARIN PHARMACEUTICAL INC COM BMRN	BMRN	4,370	$386.7k0.10%	0.10%	Added +3.4k	+3,440 369.9%
82	SILICON LABORATORIES INC COM SLAB	SLAB	3,322	$385.0k0.10%	0.10%	Reduced -620	-620 -15.7%
83	ROCKET PHARMACEUTICALS INC COM RCKT	RCKT	18,000	$368.8k0.09%	0.09%	New
84	MODEL N INC NOTE 2.625% 6/0 · principal MODN 2.625 06.01.25 · principal	MODN 2.625 06.01.25	350,000	$358.6k0.09%	0.09%	Unchanged
85	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	$293.6k0.07%	0.07%	Unchanged
86	DTE ENERGY CO COM DTE	DTE	2,894	$287.3k0.07%	0.07%	Unchanged
87	FISKER INC CL A COM STK SPAQ	SPAQ	42,540	$273.1k0.07%	0.07%	Added +30.2k	+30,230 245.6%
88	SALESFORCE INC COM CRM	CRM	1,300	$263.6k0.07%	0.07%	Reduced -3.6k	-3,620 -73.6%
89	XYLEM INC COM XYL	XYL	2,730	$248.5k0.06%	0.06%	Added +750	+750 37.9%
90	DOXIMITY INC CL A DOCS	DOCS	10,760	$228.3k0.06%	0.06%	Added +1.2k	+1,240 13.0%
91	DOMINION ENERGY INC COM D	D	4,315	$192.8k0.05%	0.05%	Unchanged
92	DRAFTKINGS INC NEW COM CL A DKNG	DKNG	5,130	$151.0k0.04%	0.04%	New
93	PROS HOLDINGS INC NOTE 1.000% 5/1 · principal PRO 1 05.15.24 · principal	PRO 1 05.15.24	150,000	$145.7k0.04%	0.04%	Reduced -2.4m	-2,440,000 -94.2%
94	INSULET CORP COM PODD	PODD	910	$145.1k0.04%	0.04%	Unchanged
95	ZSCALER INC COM ZS	ZS	881	$137.1k0.03%	0.03%	Reduced -5.4k	-5,420 -86.0%
96	INSULET CORP NOTE 0.375% 9/0 · principal PODD 0.375 09.01.26 · principal	PODD 0.375 09.01.26	110,000	$108.1k0.03%	0.03%	Reduced -1.1m	-1,070,000 -90.7%
97	CHEWY INC CL A CHWY	CHWY	5,200	$95.0k0.02%	0.02%	Reduced -17.8k	-17,810 -77.4%
98	EQUINOX GOLD CORP COM EQX	EQX	21,885	$92.6k0.02%	0.02%	Unchanged
99	REVOLVE GROUP INC CL A RVLV	RVLV	2,120	$28.9k0.01%	0.01%	Unchanged

Sold out since Q2 2023

Security	Ticker	Shares held before	Value then
AMERICAN ELEC PWR CO INC AEP 6.125 08.15.23	AEP 6.125 08.15.23	371,300	$18.4m371.3k shares
NISOURCE INC NI 7.75 03.01.24	NI 7.75 03.01.24	180,720	$18.4m180.7k shares
NEXTERA ENERGY INC NEE 6.219 09.01.23	NEE 6.219 09.01.23	280,020	$13.7m280.0k shares
BOOKING HOLDINGS INC BKNG 0.75 05.01.25	BKNG 0.75 05.01.25	8,080,000	$12.1m8.1m shares
PALO ALTO NETWORKS INC PANW	PANW	15,491	$4.0m15.5k shares