PIER 88 INVESTMENT PARTNERS LLC

SAN FRANCISCO, CA · CIK 1697366 · 13F filing filed 2025-05-06

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)

$521.2m reported value +2.6% vs Q4 2024

104positions

44.9%in top 10

16 new 38 added 36 reduced 8 sold out vs Q4 2024

Holdings, Q1 2025

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	BANK AMERICA CORP 7.25%CNV PFD L BAC 7.25 PERP L	BAC 7.25 PERP L	21,133	$26.1m5.01%	5.01%	Added +400	+400 1.9%
2	WELLS FARGO CO NEW PERP PFD CNV A WFC 7.5 PERP L	WFC 7.5 PERP L	21,252	$25.5m4.90%	4.90%	Added +400	+400 1.9%
3	PPL CAP FDG INC NOTE 2.875% 3/1 · principal PPL 2.875 03.15.28 · principal	PPL 2.875 03.15.28	21,960,000	$24.6m4.71%	4.71%	Added +1.1m	+1,080,000 5.2%
4	DEXCOM INC NOTE 0.250%11/1 · principal DXCM 0.25 11.15.25 · principal	DXCM 0.25 11.15.25	24,700,000	$24.0m4.60%	4.60%	Unchanged
5	ALLIANT ENERGY CORP NOTE 3.875% 3/1 · principal LNT 3.875 03.15.26 · principal	LNT 3.875 03.15.26	22,126,000	$23.7m4.54%	4.54%	Added +1.0m	+1,040,000 4.9%
6	ETSY INC NOTE 0.250% 6/1 · principal ETSY 0.25 06.15.28 · principal	ETSY 0.25 06.15.28	27,140,000	$23.0m4.42%	4.42%	Unchanged
7	OKTA INC NOTE 0.375% 6/1 · principal OKTA 0.375 06.15.26 · principal	OKTA 0.375 06.15.26	23,462,000	$22.4m4.29%	4.29%	Unchanged
8	GLOBAL PMTS INC NOTE 1.500% 3/0 · principal GPN 1.5 03.01.31 · principal	GPN 1.5 03.01.31	23,565,000	$22.2m4.26%	4.26%	New
9	VENTAS RLTY LTD PARTNERSHIP NOTE 3.750% 6/0 · principal VTR 3.75 06.01.26 · principal	VTR 3.75 06.01.26	17,060,000	$21.9m4.21%	4.21%	Added +790.0k	+790,000 4.9%
10	APOLLO GLOBAL MGMT INC SER A MAND CNV APO 6.75 07.31.26	APO 6.75 07.31.26	282,980	$20.7m3.97%	3.97%	Reduced -19.1k	-19,100 -6.3%
11	SHIFT4 PMTS INC NOTE 0.500% 8/0 · principal FOUR 0.5 08.01.27 · principal	FOUR 0.5 08.01.27	19,486,000	$19.7m3.77%	3.77%	Reduced -1.9m	-1,850,000 -8.7%
12	FORD MTR CO DEL NOTE 3/1 · principal F 0 03.15.26 · principal	F 0 03.15.26	18,700,000	$18.3m3.51%	3.51%	Reduced -1.9m	-1,880,000 -9.1%
13	AMERICAN WTR CAP CORP NOTE 3.625% 6/1 · principal AWK 3.625 06.15.26 · principal	AWK 3.625 06.15.26	16,390,000	$16.7m3.21%	3.21%	Unchanged
14	EXPEDIA GROUP INC NOTE 2/1 · principal EXPE 0 02.15.26 · principal	EXPE 0 02.15.26	16,860,000	$16.6m3.19%	3.19%	Reduced -1.6m	-1,605,000 -8.7%
15	NEXTERA ENERGY INC UNIT 11/01/2027 NEE 7.234 11.01.27	NEE 7.234 11.01.27	363,240	$16.5m3.17%	3.17%	New
16	WIX COM LTD NOTE 8/1 · principal WIX 0 08.15.25 · principal	WIX 0 08.15.25	16,635,000	$16.3m3.12%	3.12%	Unchanged
17	EURONET WORLDWIDE INC NOTE 0.750% 3/1 · principal EEFT 0.75 03.15.49 · principal	EEFT 0.75 03.15.49	16,080,000	$16.0m3.07%	3.07%	Reduced -2.5m	-2,510,928 -13.5%
18	SOUTHWEST AIRLS CO NOTE 1.250% 5/0 · principal LUV 1.25 05.01.25 · principal	LUV 1.25 05.01.25	15,180,000	$15.1m2.91%	2.91%	Reduced -3.9m	-3,910,000 -20.5%
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	11,954,000	$14.6m2.79%	2.79%	Reduced -2.0m	-2,040,000 -14.6%
20	UBER TECHNOLOGIES INC NOTE 0.875%12/0 · principal UBER 0.875 12.01.28 2028 · principal	UBER 0.875 12.01.28 2028	11,821,000	$14.4m2.76%	2.76%	Added +550.0k	+550,000 4.9%
21	HEWLETT PACKARD ENTERPRISE C 7.625 MAND CONV HPE 7.625 09.01.27	HPE 7.625 09.01.27	233,780	$11.2m2.14%	2.14%	Reduced -120.4k	-120,360 -34.0%
22	DRAFTKINGS INC NEW NOTE 3/1 · principal DKNG 0 03.15.28 · principal	DKNG 0 03.15.28	8,650,000	$7.5m1.44%	1.44%	Unchanged
23	ARES MANAGEMENT CORPORATION 6.75 SE B PFD ARES 6.75 10.01.27 B	ARES 6.75 10.01.27 B	138,350	$6.7m1.28%	1.28%	New
24	SHOPIFY INC NOTE 0.125%11/0 · principal SHOPCN 0.125 11.01.25 · principal	SHOPCN 0.125 11.01.25	6,612,000	$6.6m1.27%	1.27%	Unchanged
25	BOOKING HOLDINGS INC COM BKNG	BKNG	1,250	$5.8m1.10%	1.10%	Reduced -500	-500 -28.6%
26	CHEGG INC NOTE 9/0 · principal CHGG 0 09.01.26 · principal	CHGG 0 09.01.26	6,410,000	$5.5m1.05%	1.05%	Reduced -6.8m	-6,850,000 -51.7%
27	TRADEWEB MKTS INC CL A TW	TW	32,615	$4.8m0.93%	0.93%	Added +22.8k	+22,760 230.9%
28	OKTA INC CL A OKTA	OKTA	41,610	$4.4m0.84%	0.84%	Added +33.1k	+33,130 390.7%
29	CYBERARK SOFTWARE LTD SHS CYBR	CYBR	12,900	$4.4m0.84%	0.84%	Reduced -1.6k	-1,560 -10.8%
30	PENUMBRA INC COM PEN	PEN	15,500	$4.1m0.80%	0.80%	New
31	WIX COM LTD SHS WIX	WIX	22,840	$3.7m0.72%	0.72%	Added +1.9k	+1,940 9.3%
32	ATLASSIAN CORPORATION CL A TEAM	TEAM	11,440	$2.4m0.47%	0.47%	New
33	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	$2.1m0.40%	0.40%	Unchanged
34	RYAN SPECIALTY HOLDINGS INC CL A RYAN	RYAN	27,260	$2.0m0.39%	0.39%	Added +12.5k	+12,500 84.7%
35	TRANSDIGM GROUP INC COM TDG	TDG	1,305	$1.8m0.35%	0.35%	Added +980	+980 301.5%
36	NUTANIX INC CL A NTNX	NTNX	22,750	$1.6m0.30%	0.30%	Added +15.0k	+15,000 193.6%
37	CLOUDFLARE INC CL A COM NET	NET	12,720	$1.4m0.28%	0.28%	Reduced -3.2k	-3,200 -20.1%
38	ETSY INC COM ETSY	ETSY	28,550	$1.3m0.26%	0.26%	Reduced -21.6k	-21,650 -43.1%
39	SCHRODINGER INC COM SDGR	SDGR	67,560	$1.3m0.26%	0.26%	Reduced -7.2k	-7,160 -9.6%
40	SEA LTD SPONSORD ADS SE	SE	9,840	$1.3m0.25%	0.25%	New
41	ROCKET LAB USA INC COM COM		69,030	$1.2m0.24%	0.24%	Added +5.1k	+5,120 8.0%
42	TYLER TECHNOLOGIES INC COM TYL	TYL	2,110	$1.2m0.24%	0.24%	Added +40	+40 1.9%
43	EURONET WORLDWIDE INC COM EEFT	EEFT	11,436	$1.2m0.23%	0.23%	Added +1.5k	+1,465 14.7%
44	INSULET CORP COM PODD	PODD	4,540	$1.2m0.23%	0.23%	New
45	SELECT WATER SOLUTIONS INC CL A COM WTTR	WTTR	112,850	$1.2m0.23%	0.23%	Added +66.4k	+66,380 142.8%
46	TOAST INC CL A TOST	TOST	34,460	$1.1m0.22%	0.22%	Reduced -10.1k	-10,130 -22.7%
47	KLAVIYO INC COM SER A KVYO	KVYO	35,670	$1.1m0.21%	0.21%	Reduced -3.0k	-3,030 -7.8%
48	MOOG INC CL A MOG.A	MOG.A	6,036	$1.0m0.20%	0.20%	Reduced -7.1k	-7,125 -54.1%
49	HEALTH CATALYST INC COM HCAT	HCAT	229,870	$1.0m0.20%	0.20%	Added +59.0k	+58,980 34.5%
50	LATTICE SEMICONDUCTOR CORP COM LSCC	LSCC	19,850	$1.0m0.20%	0.20%	Added +11.2k	+11,190 129.2%
51	MERCADOLIBRE INC COM MELI	MELI	530	$1.0m0.20%	0.20%	Reduced -30	-30 -5.4%
52	CHEWY INC CL A CHWY	CHWY	31,340	$1.0m0.20%	0.20%	Added +27.0k	+26,970 617.2%
53	FRESHPET INC COM FRPT	FRPT	12,040	$1.0m0.19%	0.19%	Added +1.6k	+1,560 14.9%
54	DECKERS OUTDOOR CORP COM DECK	DECK	8,860	$990.6k0.19%	0.19%	Added +700	+700 8.6%
55	SHIFT4 PMTS INC CL A FOUR	FOUR	11,810	$965.0k0.19%	0.19%	Reduced -6.6k	-6,560 -35.7%
56	GITLAB INC CLASS A COM GTLB	GTLB	20,190	$948.9k0.18%	0.18%	New
57	NEUROCRINE BIOSCIENCES INC COM NBIX	NBIX	8,550	$945.6k0.18%	0.18%	Added +3.9k	+3,860 82.3%
58	DRAFTKINGS INC NEW COM CL A DKNG	DKNG	28,330	$940.8k0.18%	0.18%	Added +3.2k	+3,250 13.0%
59	MONDAY COM LTD SHS MNDY	MNDY	3,820	$928.9k0.18%	0.18%	Added +1.5k	+1,480 63.2%
60	SILICON LABORATORIES INC COM SLAB	SLAB	8,022	$903.0k0.17%	0.17%	Added +2.9k	+2,850 55.1%
61	DOVER CORP COM DOV	DOV	5,000	$878.4k0.17%	0.17%	Reduced -1.6k	-1,593 -24.2%
62	NATERA INC COM NTRA	NTRA	6,190	$875.3k0.17%	0.17%	New
63	ZSCALER INC COM ZS	ZS	4,120	$817.5k0.16%	0.16%	Added +2.4k	+2,430 143.8%
64	ULTRAGENYX PHARMACEUTICAL IN COM RARE	RARE	22,370	$810.0k0.16%	0.16%	Added +8.3k	+8,280 58.8%
65	KRYSTAL BIOTECH INC COM KRYS	KRYS	4,430	$798.7k0.15%	0.15%	Added +680	+680 18.1%
66	BLOOM ENERGY CORP COM CL A BE	BE	40,501	$796.2k0.15%	0.15%	New
67	COINBASE GLOBAL INC COM CL A COIN	COIN	4,540	$781.9k0.15%	0.15%	Added +330	+330 7.8%
68	SERVICENOW INC COM NOW	NOW	960	$764.3k0.15%	0.15%	Reduced -940	-940 -49.5%
69	ABSCI CORPORATION COM ABSI	ABSI	303,670	$762.2k0.15%	0.15%	Added +92.5k	+92,460 43.8%
70	SALESFORCE INC COM CRM	CRM	2,830	$759.5k0.15%	0.15%	New
71	FARMLAND PARTNERS INC COM FPI	FPI	63,340	$706.2k0.14%	0.14%	Reduced -1.2k	-1,190 -1.8%
72	REVOLVE GROUP INC CL A RVLV	RVLV	32,780	$704.4k0.14%	0.14%	Added +16.7k	+16,740 104.4%
73	ITT INC COM ITT	ITT	5,360	$692.3k0.13%	0.13%	Reduced -21.4k	-21,380 -80.0%
74	CONFLUENT INC CLASS A COM CFLT	CFLT	29,090	$681.9k0.13%	0.13%	New
75	FRESHWORKS INC CLASS A COM FRSH	FRSH	47,850	$675.2k0.13%	0.13%	New
76	COHERENT CORP COM COHR	COHR	9,820	$637.7k0.12%	0.12%	Added +4.3k	+4,280 77.3%
77	ATI INC COM ATI	ATI	12,182	$633.8k0.12%	0.12%	Added +4.6k	+4,562 59.9%
78	PROS HOLDINGS INC COM PRO	PRO	33,100	$629.9k0.12%	0.12%	Reduced -45.8k	-45,790 -58.0%
79	ARISTA NETWORKS INC COM SHS ANET	ANET	7,960	$616.7k0.12%	0.12%	Added +120	+120 1.5%
80	DENALI THERAPEUTICS INC COM DNLI	DNLI	44,910	$610.6k0.12%	0.12%	Reduced -500	-500 -1.1%
81	HUBSPOT INC COM HUBS	HUBS	1,030	$588.4k0.11%	0.11%	Reduced -1.3k	-1,290 -55.6%
82	CHART INDS INC COM GTLS	GTLS	3,870	$558.7k0.11%	0.11%	Reduced -1.9k	-1,920 -33.2%
83	ABCELLERA BIOLOGICS INC COM ABCL	ABCL	243,790	$543.7k0.10%	0.10%	Added +6.9k	+6,890 2.9%
84	DATADOG INC CL A COM DDOG	DDOG	5,230	$518.9k0.10%	0.10%	Reduced -3.7k	-3,670 -41.2%
85	HALOZYME THERAPEUTICS INC COM HALO	HALO	7,950	$507.3k0.10%	0.10%	New
86	RECURSION PHARMACEUTICALS IN CL A RXRX	RXRX	94,790	$501.4k0.10%	0.10%	Reduced -66.9k	-66,940 -41.4%
87	ASTERA LABS INC COM ALAB	ALAB	8,260	$492.9k0.09%	0.09%	New
88	PROCEPT BIOROBOTICS CORP COM PRCT	PRCT	7,430	$432.9k0.08%	0.08%	Reduced -2.0k	-2,000 -21.2%
89	IOVANCE BIOTHERAPEUTICS INC COM IOVA	IOVA	126,940	$422.7k0.08%	0.08%	Added +72.3k	+72,310 132.4%
90	DTE ENERGY CO COM DTE	DTE	2,894	$400.2k0.08%	0.08%	Unchanged
91	PYXIS ONCOLOGY INC COMMON STOCK PYXS	PYXS	390,960	$383.1k0.07%	0.07%	Added +292.4k	+292,370 296.6%
92	ROCKET PHARMACEUTICALS INC COM RCKT	RCKT	56,820	$379.0k0.07%	0.07%	Added +19.3k	+19,320 51.5%
93	KEYSIGHT TECHNOLOGIES INC COM KEYS	KEYS	2,515	$376.7k0.07%	0.07%	Reduced -400	-400 -13.7%
94	DOMINION ENERGY INC COM D	D	4,315	$241.9k0.05%	0.05%	Unchanged
95	DEXCOM INC COM DXCM	DXCM	3,260	$222.6k0.04%	0.04%	Reduced -3.1k	-3,140 -49.1%
96	XYLEM INC COM XYL	XYL	1,375	$164.3k0.03%	0.03%	Reduced -3.1k	-3,135 -69.5%
97	INSULET CORP NOTE 0.375% 9/0 · principal PODD 0.375 09.01.26 · principal	PODD 0.375 09.01.26	110,000	$139.7k0.03%	0.03%	Unchanged
98	INVESCO EXCH TRADED FD TR II NASDAQ 100 ETF QQQM	QQQM	700	$135.1k0.03%	0.03%	Unchanged
99	SHOPIFY INC CL A SUB VTG SHS SHOP	SHOP	1,200	$114.2k0.02%	0.02%	Unchanged
100	COINBASE GLOBAL INC NOTE 0.250% 4/0 · principal COIN 0.25 04.01.30 · principal	COIN 0.25 04.01.30	94,000	$86.4k0.02%	0.02%	New

Sold out since Q4 2024

Security	Ticker	Shares held before	Value then
RINGCENTRAL INC RNG 0 03.01.25	RNG 0 03.01.25	7,660,000	$7.6m7.7m shares
ALPHABET INC GOOGL	GOOGL	16,200	$3.1m16.2k shares
NEXTERA ENERGY INC NEE 6.926 09.01.25	NEE 6.926 09.01.25	70,500	$2.9m70.5k shares
ISHARES TR IWO	IWO	2,200	$633.2k2.2k shares
TIDAL TRUST II SMCO	SMCO	20,600	$523.8k20.6k shares
ENTEGRIS INC ENTG	ENTG	4,820	$477.5k4.8k shares
SELECT SECTOR SPDR TR XLF	XLF	9,700	$468.8k9.7k shares
ISHARES TR IWM	IWM	2,100	$464.0k2.1k shares