PIER 88 INVESTMENT PARTNERS LLC

SAN FRANCISCO, CA · CIK 1697366 · 13F filing filed 2024-02-12

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)

$397.6m reported value -1.0% vs Q3 2023

95positions

51.4%in top 10

7 new 25 added 44 reduced 11 sold out vs Q3 2023

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

PRELUDE CAPITAL MANAGEMENT, LLC – files its own report too; $10.5m of shares are in both

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

Holdings, Q4 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	EXPEDIA GROUP INC NOTE 2/1 · principal EXPE 0 02.15.26 · principal	EXPE 0 02.15.26	22,985,000	$21.7m5.47%	5.47%	Added +860.0k	+860,000 3.9%
2	ALTERYX INC NOTE 1.000% 8/0 · principal AYX 1 08.01.26 · principal	AYX 1 08.01.26	22,055,000	$21.4m5.39%	5.39%	Unchanged
3	BANK AMERICA CORP 7.25%CNV PFD L BAC 7.25 PERP L	BAC 7.25 PERP L	17,733	$21.4m5.38%	5.38%	Added +2.1k	+2,080 13.3%
4	WELLS FARGO CO NEW PERP PFD CNV A WFC 7.5 PERP L	WFC 7.5 PERP L	17,852	$21.3m5.37%	5.37%	Added +4.1k	+4,060 29.4%
5	EURONET WORLDWIDE INC NOTE 0.750% 3/1 · principal EEFT 0.75 03.15.49 · principal	EEFT 0.75 03.15.49	21,740,928	$20.3m5.11%	5.11%	Added +280.0k	+280,000 1.3%
6	ETSY INC NOTE 0.250% 6/1 · principal ETSY 0.25 06.15.28 · principal	ETSY 0.25 06.15.28	25,370,000	$20.3m5.11%	5.11%	Added +140.0k	+140,000 0.6%
7	NEXTERA ENERGY INC UNIT 09/01/2025 NEE 6.926 09.01.25	NEE 6.926 09.01.25	532,240	$20.3m5.10%	5.10%	Added +179.6k	+179,640 51.0%
8	APOLLO GLOBAL MGMT INC SER A MAND CNV APO 6.75 07.31.26	APO 6.75 07.31.26	342,100	$19.3m4.85%	4.85%	Added +89.5k	+89,520 35.4%
9	OKTA INC NOTE 0.375% 6/1 · principal OKTA 0.375 06.15.26 · principal	OKTA 0.375 06.15.26	21,769,000	$19.2m4.84%	4.84%	Added +200.0k	+200,000 0.9%
10	SPLUNK INC NOTE 1.125% 6/1 · principal SPLK 1.125 06.15.27 · principal	SPLK 1.125 06.15.27	19,770,000	$19.1m4.82%	4.82%	Unchanged
11	DEXCOM INC NOTE 0.250%11/1 · principal DXCM 0.25 11.15.25 · principal	DXCM 0.25 11.15.25	17,950,000	$18.7m4.71%	4.71%	Added +1.5m	+1,480,000 9.0%
12	CHEGG INC NOTE 9/0 · principal CHGG 0 09.01.26 · principal	CHGG 0 09.01.26	21,277,000	$17.7m4.44%	4.44%	Unchanged
13	FORD MTR CO DEL NOTE 3/1 · principal F 0 03.15.26 · principal	F 0 03.15.26	16,940,000	$16.9m4.24%	4.24%	New
14	WIX COM LTD NOTE 8/1 · principal WIX 0 08.15.25 · principal	WIX 0 08.15.25	17,385,000	$15.7m3.96%	3.96%	Added +2.5m	+2,540,000 17.1%
15	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	$15.4m3.87%	3.87%	Unchanged
16	DOCUSIGN INC NOTE 1/1 · principal DOCU 0 01.15.24 · principal	DOCU 0 01.15.24	13,260,000	$13.2m3.32%	3.32%	Unchanged
17	TYLER TEX INDPT SCH DIST NOTE 0.250% 3/1 · principal TYL 0.25 03.15.26 · principal	TYL 0.25 03.15.26	6,014,000	$6.1m1.53%	1.53%	Added +330.0k	+330,000 5.8%
18	RINGCENTRAL INC NOTE 3/0 · principal RNG 0 03.01.25 · principal	RNG 0 03.01.25	5,990,000	$5.6m1.40%	1.40%	Unchanged
19	SHOPIFY INC NOTE 0.125%11/0 · principal SHOPCN 0.125 11.01.25 · principal	SHOPCN 0.125 11.01.25	5,332,000	$5.0m1.26%	1.26%	Added +730.0k	+730,000 15.9%
20	MERCADOLIBRE INC COM MELI	MELI	3,000	$4.7m1.19%	1.19%	Added +1.0k	+1,010 50.8%
21	BOOKING HOLDINGS INC COM BKNG	BKNG	1,200	$4.3m1.07%	1.07%	Added +400	+400 50.0%
22	CLOUDFLARE INC CL A COM NET	NET	43,330	$3.6m0.91%	0.91%	Added +21.7k	+21,690 100.2%
23	CYBERARK SOFTWARE LTD NOTE 11/1 · principal CYBR 0 11.15.24 · principal	CYBR 0 11.15.24	2,385,000	$3.4m0.85%	0.85%	Reduced -1.7m	-1,690,000 -41.5%
24	TRANSDIGM GROUP INC COM TDG	TDG	3,305	$3.3m0.84%	0.84%	Added +800	+800 31.9%
25	DATADOG INC CL A COM DDOG	DDOG	23,120	$2.8m0.71%	0.71%	Added +4.5k	+4,450 23.8%
26	BIOMARIN PHARMACEUTICAL INC NOTE 1.250% 5/1 · principal BMRN 1.25 05.15.27 · principal	BMRN 1.25 05.15.27	2,642,000	$2.7m0.68%	0.68%	Added +740.0k	+740,000 38.9%
27	KBR INC COM KBR	KBR	48,890	$2.7m0.68%	0.68%	Reduced -5.4k	-5,400 -9.9%
28	PROS HOLDINGS INC NOTE 2.250% 9/1 · principal PRO 2.25 09.15.27 · principal	PRO 2.25 09.15.27	2,211,000	$2.5m0.62%	0.62%	Reduced -730.0k	-730,000 -24.8%
29	DRAFTKINGS INC NEW NOTE 3/1 · principal DKNG 0 03.15.28 · principal	DKNG 0 03.15.28	3,020,000	$2.4m0.61%	0.61%	Added +870.0k	+870,000 40.5%
30	EQT CORP COM EQT	EQT	49,000	$1.9m0.48%	0.48%	Reduced -25.1k	-25,100 -33.9%
31	NUTANIX INC CL A NTNX	NTNX	37,580	$1.8m0.45%	0.45%	Reduced -4.6k	-4,620 -10.9%
32	CYBERARK SOFTWARE LTD SHS CYBR	CYBR	7,990	$1.8m0.44%	0.44%	Reduced -4.0k	-4,000 -33.4%
33	ATI INC COM ATI	ATI	38,320	$1.7m0.44%	0.44%	Reduced -6.9k	-6,903 -15.3%
34	PROS HOLDINGS INC COM PRO	PRO	42,410	$1.6m0.41%	0.41%	Added +1.6k	+1,620 4.0%
35	PIONEER NAT RES CO COM PXD	PXD	7,100	$1.6m0.40%	0.40%	Reduced -15.7k	-15,700 -68.9%
36	DECKERS OUTDOOR CORP COM DECK	DECK	2,210	$1.5m0.37%	0.37%	Reduced -550	-550 -19.9%
37	MONOLITHIC PWR SYS INC COM MPWR	MPWR	2,330	$1.5m0.37%	0.37%	Reduced -590	-590 -20.2%
38	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
39	ALTERYX INC COM CL A AYX	AYX	29,755	$1.4m0.35%	0.35%	Reduced -20.6k	-20,630 -40.9%
40	TRADEWEB MKTS INC CL A TW	TW	15,400	$1.4m0.35%	0.35%	Reduced -14.2k	-14,150 -47.9%
41	ISHARES TR RUS 2000 GRW ETF IWO	IWO	5,300	$1.3m0.34%	0.34%	New
42	SPDR GOLD TR GOLD SHS GLD	GLD	6,693	$1.3m0.32%	0.32%	Reduced -9.2k	-9,226 -58.0%
43	GOOSEHEAD INS INC COM CL A GSHD	GSHD	16,275	$1.2m0.31%	0.31%	Reduced -6.1k	-6,090 -27.2%
44	WIX COM LTD SHS WIX	WIX	9,990	$1.2m0.31%	0.31%	Reduced -3.5k	-3,500 -25.9%
45	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	3,000	$1.2m0.31%	0.31%	Reduced -5.7k	-5,700 -65.5%
46	CROWDSTRIKE HLDGS INC CL A CRWD	CRWD	4,690	$1.2m0.30%	0.30%	Added +40	+40 0.9%
47	HUBSPOT INC COM HUBS	HUBS	1,930	$1.1m0.28%	0.28%	Reduced -670	-670 -25.8%
48	FARMLAND PARTNERS INC COM FPI	FPI	89,088	$1.1m0.28%	0.28%	Reduced -78.9k	-78,920 -47.0%
49	SYNAPTICS INC COM SYNA	SYNA	9,740	$1.1m0.28%	0.28%	Added +3.0k	+3,040 45.4%
50	ON SEMICONDUCTOR CORP COM ON	ON	12,770	$1.1m0.27%	0.27%	Reduced -12.4k	-12,400 -49.3%
51	DRAFTKINGS INC NEW COM CL A DKNG	DKNG	28,170	$993.0k0.25%	0.25%	Added +23.0k	+23,040 449.1%
52	ULTRAGENYX PHARMACEUTICAL IN COM RARE	RARE	20,590	$984.6k0.25%	0.25%	Added +8.9k	+8,910 76.3%
53	DEXCOM INC COM DXCM	DXCM	7,830	$971.6k0.24%	0.24%	Reduced -4.9k	-4,940 -38.7%
54	DENALI THERAPEUTICS INC COM DNLI	DNLI	45,240	$970.9k0.24%	0.24%	Reduced -5.5k	-5,460 -10.8%
55	ZSCALER INC COM ZS	ZS	3,161	$700.4k0.18%	0.18%	Added +2.3k	+2,280 258.8%
56	LATTICE SEMICONDUCTOR CORP COM LSCC	LSCC	9,938	$685.6k0.17%	0.17%	Reduced -10.2k	-10,230 -50.7%
57	PETIQ INC NOTE 4.000% 6/0 · principal PETQ 4 06.01.26 · principal	PETQ 4 06.01.26	635,000	$640.6k0.16%	0.16%	Unchanged
58	KEYSIGHT TECHNOLOGIES INC COM KEYS	KEYS	3,875	$616.5k0.16%	0.16%	Unchanged
59	ROCKET PHARMACEUTICALS INC COM RCKT	RCKT	18,000	$539.5k0.14%	0.14%	Unchanged
60	MEDPACE HLDGS INC COM MEDP	MEDP	1,740	$533.4k0.13%	0.13%	Reduced -1.3k	-1,280 -42.4%
61	ETSY INC COM ETSY	ETSY	6,570	$532.5k0.13%	0.13%	New
62	MOOG INC CL A MOG.A	MOG.A	3,516	$509.0k0.13%	0.13%	Reduced -2.4k	-2,400 -40.6%
63	ENTEGRIS INC COM ENTG	ENTG	4,170	$499.6k0.13%	0.13%	Reduced -8.2k	-8,240 -66.4%
64	SILICON LABORATORIES INC COM SLAB	SLAB	3,322	$439.4k0.11%	0.11%	Unchanged
65	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	900	$427.8k0.11%	0.11%	Reduced -4.5k	-4,500 -83.3%
66	DOVER CORP COM DOV	DOV	2,723	$418.8k0.11%	0.11%	Reduced -2.2k	-2,200 -44.7%
67	EURONET WORLDWIDE INC COM EEFT	EEFT	3,981	$404.0k0.10%	0.10%	Reduced -8.4k	-8,370 -67.8%
68	FIVE BELOW INC COM FIVE	FIVE	1,860	$396.5k0.10%	0.10%	Reduced -1.6k	-1,600 -46.2%
69	BROADCOM INC COM AVGO	AVGO	350	$390.7k0.10%	0.10%	Reduced -1.5k	-1,490 -81.0%
70	TYLER TECHNOLOGIES INC COM TYL	TYL	910	$380.5k0.10%	0.10%	New
71	MODEL N INC NOTE 2.625% 6/0 · principal MODN 2.625 06.01.25 · principal	MODN 2.625 06.01.25	350,000	$376.6k0.09%	0.09%	Unchanged
72	OKTA INC CL A OKTA	OKTA	4,130	$373.9k0.09%	0.09%	Reduced -14.6k	-14,600 -78.0%
73	MODEL N INC COM MODN	MODN	13,849	$373.0k0.09%	0.09%	Reduced -24.3k	-24,330 -63.7%
74	DTE ENERGY CO COM DTE	DTE	2,894	$319.1k0.08%	0.08%	Unchanged
75	XYLEM INC COM XYL	XYL	2,550	$291.6k0.07%	0.07%	Reduced -180	-180 -6.6%
76	SPLUNK INC COM SPLK	SPLK	1,905	$290.2k0.07%	0.07%	Reduced -13.2k	-13,171 -87.4%
77	HELEN OF TROY LTD COM HELE	HELE	2,315	$279.7k0.07%	0.07%	Reduced -5.0k	-4,970 -68.2%
78	HEALTH CATALYST INC COM HCAT	HCAT	29,100	$269.5k0.07%	0.07%	Reduced -72.4k	-72,370 -71.3%
79	10X GENOMICS INC CL A COM TXG	TXG	4,690	$262.5k0.07%	0.07%	Reduced -5.0k	-5,000 -51.6%
80	IOVANCE BIOTHERAPEUTICS INC COM IOVA	IOVA	27,290	$221.9k0.06%	0.06%	New
81	SALESFORCE INC COM CRM	CRM	830	$218.4k0.05%	0.05%	Reduced -470	-470 -36.1%
82	ARISTA NETWORKS INC COM COM		900	$212.0k0.05%	0.05%	New
83	DOMINION ENERGY INC COM D	D	4,315	$202.8k0.05%	0.05%	Unchanged
84	BIOMARIN PHARMACEUTICAL INC COM BMRN	BMRN	1,770	$170.7k0.04%	0.04%	Reduced -2.6k	-2,600 -59.5%
85	PROS HOLDINGS INC NOTE 1.000% 5/1 · principal PRO 1 05.15.24 · principal	PRO 1 05.15.24	150,000	$146.6k0.04%	0.04%	Unchanged
86	KRYSTAL BIOTECH INC COM KRYS	KRYS	1,170	$145.2k0.04%	0.04%	New
87	INSULET CORP NOTE 0.375% 9/0 · principal PODD 0.375 09.01.26 · principal	PODD 0.375 09.01.26	110,000	$126.9k0.03%	0.03%	Unchanged
88	DOXIMITY INC CL A DOCS	DOCS	4,460	$125.1k0.03%	0.03%	Reduced -6.3k	-6,300 -58.5%
89	CHEWY INC CL A CHWY	CHWY	5,200	$122.9k0.03%	0.03%	Unchanged
90	ADAPTIVE BIOTECHNOLOGIES COR COM ADPT	ADPT	24,795	$121.5k0.03%	0.03%	Reduced -51.7k	-51,700 -67.6%
91	R1 RCM INC COM COM		10,480	$110.8k0.03%	0.03%	Reduced -84.2k	-84,210 -88.9%
92	EQUINOX GOLD CORP COM EQX	EQX	21,885	$107.0k0.03%	0.03%	Unchanged
93	REVOLVE GROUP INC CL A RVLV	RVLV	2,120	$35.1k0.01%	0.01%	Unchanged
94	MONDAY COM LTD SHS MNDY	MNDY	100	$18.8k0.00%	0.00%	Reduced -2.8k	-2,800 -96.5%
95	WESTERN DIGITAL CORP. NOTE 1.500% 2/0 · principal WDC 1.5 02.01.24 · principal	WDC 1.5 02.01.24	80	$800.00%	0.00%	Reduced -20.9m	-20,858,000 -100.0%

Sold out since Q3 2023

Security	Ticker	Shares held before	Value then
ARES CAPITAL CORP ARCC 4.625 03.01.24	ARCC 4.625 03.01.24	14,425,000	$14.6m14.4m shares
RBC BEARINGS INC RBC 5 10.15.24 A	RBC 5 10.15.24 A	29,200	$3.2m29.2k shares
DATADOG INC DDOG 0.125 06.15.25	DDOG 0.125 06.15.25	1,800,000	$2.1m1.8m shares
ENERGY RECOVERY INC ERII	ERII	77,550	$1.6m77.5k shares
INVESCO EXCH TRADED FD TR II QQQM	QQQM	10,800	$1.6m10.8k shares
BOSTON SCIENTIFIC CORP BSX	BSX	24,500	$1.3m24.5k shares
SPLUNK INC SPLK 1.125 09.15.25	SPLK 1.125 09.15.25	1,060,000	$1.1m1.1m shares
MIRATI THERAPEUTICS INC MRTX	MRTX	16,440	$716.1k16.4k shares
TABULA RASA HEALTHCARE INC TRHC 1.75 02.15.26	TRHC 1.75 02.15.26	300,000	$293.6k300.0k shares
FISKER INC SPAQ	SPAQ	42,540	$273.1k42.5k shares
INSULET CORP PODD	PODD	910	$145.1k910 shares