PIER 88 INVESTMENT PARTNERS LLC

SAN FRANCISCO, CA · CIK 1697366 · 13F filing filed 2025-08-07

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)

$537.8m reported value +3.2% vs Q1 2025

105positions

43.3%in top 10

15 new 36 added 46 reduced 14 sold out vs Q1 2025

Holdings, Q2 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	21,533	$26.1m4.86%	4.86%	Added +400	+400 1.9%
2	WELLS FARGO CO NEW PERP PFD CNV A WFC 7.5 PERP L	WFC 7.5 PERP L	21,652	$25.4m4.73%	4.73%	Added +400	+400 1.9%
3	ETSY INC NOTE 0.250% 6/1 · principal ETSY 0.25 06.15.28 · principal	ETSY 0.25 06.15.28	28,330,000	$24.3m4.52%	4.52%	Added +1.2m	+1,190,000 4.4%
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	$24.2m4.51%	4.51%	Unchanged
5	APOLLO GLOBAL MGMT INC SER A MAND CNV APO 6.75 07.31.26	APO 6.75 07.31.26	317,980	$23.8m4.43%	4.43%	Added +35.0k	+35,000 12.4%
6	OKTA INC NOTE 0.375% 6/1 · principal OKTA 0.375 06.15.26 · principal	OKTA 0.375 06.15.26	24,522,000	$23.4m4.35%	4.35%	Added +1.1m	+1,060,000 4.5%
7	SHIFT4 PMTS INC NOTE 0.500% 8/0 · principal FOUR 0.5 08.01.27 · principal	FOUR 0.5 08.01.27	20,456,000	$21.9m4.07%	4.07%	Added +970.0k	+970,000 5.0%
8	ALLIANT ENERGY CORP NOTE 3.875% 3/1 · principal LNT 3.875 03.15.26 · principal	LNT 3.875 03.15.26	20,936,000	$21.5m4.00%	4.00%	Reduced -1.2m	-1,190,000 -5.4%
9	PPL CAP FDG INC NOTE 2.875% 3/1 · principal PPL 2.875 03.15.28 · principal	PPL 2.875 03.15.28	19,830,000	$21.4m3.98%	3.98%	Reduced -2.1m	-2,130,000 -9.7%
10	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	$21.0m3.91%	3.91%	Unchanged
11	VENTAS RLTY LTD PARTNERSHIP NOTE 3.750% 6/0 · principal VTR 3.75 06.01.26 · principal	VTR 3.75 06.01.26	15,720,000	$18.8m3.49%	3.49%	Reduced -1.3m	-1,340,000 -7.8%
12	FORD MTR CO DEL NOTE 3/1 · principal F 0 03.15.26 · principal	F 0 03.15.26	18,700,000	$18.5m3.44%	3.44%	Unchanged
13	UBER TECHNOLOGIES INC NOTE 0.875%12/0 · principal UBER 0.875 12.01.28 2028 · principal	UBER 0.875 12.01.28 2028	12,721,000	$18.1m3.37%	3.37%	Added +900.0k	+900,000 7.6%
14	AMERICAN WTR CAP CORP NOTE 3.625% 6/1 · principal AWK 3.625 06.15.26 · principal	AWK 3.625 06.15.26	17,850,000	$17.9m3.33%	3.33%	Added +1.5m	+1,460,000 8.9%
15	KKR & CO INC 6.25 CON SER D KKR 6.25 03.01.28 D	KKR 6.25 03.01.28 D	324,440	$17.4m3.23%	3.23%	New
16	EXPEDIA GROUP INC NOTE 2/1 · principal EXPE 0 02.15.26 · principal	EXPE 0 02.15.26	16,860,000	$16.4m3.05%	3.05%	Unchanged
17	ARES MANAGEMENT CORPORATION 6.75 SE B PFD ARES 6.75 10.01.27 B	ARES 6.75 10.01.27 B	284,450	$15.1m2.80%	2.80%	Added +146.1k	+146,100 105.6%
18	WIX COM LTD NOTE 8/1 · principal WIX 0 08.15.25 · principal	WIX 0 08.15.25	14,845,000	$14.7m2.74%	2.74%	Reduced -1.8m	-1,790,000 -10.8%
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	$14.7m2.73%	2.73%	Unchanged
20	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	$13.7m2.56%	2.56%	Unchanged
21	NEXTERA ENERGY INC UNIT 11/01/2027 NEE 7.234 11.01.27	NEE 7.234 11.01.27	256,330	$11.3m2.11%	2.11%	Reduced -106.9k	-106,910 -29.4%
22	BOOKING HOLDINGS INC COM BKNG	BKNG	1,650	$9.6m1.78%	1.78%	Added +400	+400 32.0%
23	MERITAGE HOMES CORP NOTE 1.750% 5/1 · principal MTH 1.75 05.15.28 · principal	MTH 1.75 05.15.28	8,699,000	$8.4m1.57%	1.57%	New
24	HEWLETT PACKARD ENTERPRISE C 7.625 MAND CONV HPE 7.625 09.01.27	HPE 7.625 09.01.27	132,990	$7.8m1.46%	1.46%	Reduced -100.8k	-100,790 -43.1%
25	DRAFTKINGS INC NEW NOTE 3/1 · principal DKNG 0 03.15.28 · principal	DKNG 0 03.15.28	8,650,000	$7.7m1.44%	1.44%	Unchanged
26	CYBERARK SOFTWARE LTD SHS CYBR	CYBR	18,330	$7.5m1.39%	1.39%	Added +5.4k	+5,430 42.1%
27	SERVICENOW INC COM NOW	NOW	5,610	$5.8m1.07%	1.07%	Added +4.7k	+4,650 484.4%
28	TRANSDIGM GROUP INC COM TDG	TDG	3,575	$5.4m1.01%	1.01%	Added +2.3k	+2,270 173.9%
29	META PLATFORMS INC CL A META	META	7,000	$5.2m0.96%	0.96%	New
30	SHIFT4 PMTS INC 6 SER A CNV PREF FOUR 6 05.01.28	FOUR 6 05.01.28	34,600	$4.0m0.74%	0.74%	New
31	COINBASE GLOBAL INC NOTE 0.250% 4/0 · principal COIN 0.25 04.01.30 · principal	COIN 0.25 04.01.30	2,914,000	$3.8m0.71%	0.71%	Added +2.8m	+2,820,000 3000.0%
32	VEEVA SYS INC CL A COM VEEV	VEEV	12,900	$3.7m0.69%	0.69%	New
33	TRADEWEB MKTS INC CL A TW	TW	21,675	$3.2m0.59%	0.59%	Reduced -10.9k	-10,940 -33.5%
34	ROCKET LAB CORP COM RKLB	RKLB	64,370	$2.3m0.43%	0.43%	New
35	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	$2.1m0.39%	0.39%	Unchanged
36	MERCADOLIBRE INC COM MELI	MELI	640	$1.7m0.31%	0.31%	Added +110	+110 20.8%
37	CLOUDFLARE INC CL A COM NET	NET	8,180	$1.6m0.30%	0.30%	Reduced -4.5k	-4,540 -35.7%
38	NUTANIX INC CL A NTNX	NTNX	18,790	$1.4m0.27%	0.27%	Reduced -4.0k	-3,960 -17.4%
39	SHIFT4 PMTS INC CL A FOUR	FOUR	14,240	$1.4m0.26%	0.26%	Added +2.4k	+2,430 20.6%
40	KLAVIYO INC COM SER A KVYO	KVYO	40,980	$1.4m0.26%	0.26%	Added +5.3k	+5,310 14.9%
41	DATADOG INC CL A COM DDOG	DDOG	9,780	$1.3m0.24%	0.24%	Added +4.5k	+4,550 87.0%
42	CONFLUENT INC CLASS A COM CFLT	CFLT	52,280	$1.3m0.24%	0.24%	Added +23.2k	+23,190 79.7%
43	ATI INC COM ATI	ATI	14,992	$1.3m0.24%	0.24%	Added +2.8k	+2,810 23.1%
44	MONDAY COM LTD SHS MNDY	MNDY	4,080	$1.3m0.24%	0.24%	Added +260	+260 6.8%
45	FRESHPET INC COM FRPT	FRPT	18,320	$1.2m0.23%	0.23%	Added +6.3k	+6,280 52.2%
46	COINBASE GLOBAL INC COM CL A COIN	COIN	3,440	$1.2m0.22%	0.22%	Reduced -1.1k	-1,100 -24.2%
47	FRESHWORKS INC CLASS A COM FRSH	FRSH	80,680	$1.2m0.22%	0.22%	Added +32.8k	+32,830 68.6%
48	PROS HOLDINGS INC COM PRO	PRO	75,770	$1.2m0.22%	0.22%	Added +42.7k	+42,670 128.9%
49	ASTERA LABS INC COM ALAB	ALAB	12,640	$1.1m0.21%	0.21%	Added +4.4k	+4,380 53.0%
50	TYLER TECHNOLOGIES INC COM TYL	TYL	1,790	$1.1m0.20%	0.20%	Reduced -320	-320 -15.2%
51	COHERENT CORP COM COHR	COHR	11,000	$981.3k0.18%	0.18%	Added +1.2k	+1,180 12.0%
52	SILICON LABORATORIES INC COM SLAB	SLAB	6,482	$955.2k0.18%	0.18%	Reduced -1.5k	-1,540 -19.2%
53	NATERA INC COM NTRA	NTRA	5,490	$927.5k0.17%	0.17%	Reduced -700	-700 -11.3%
54	TOAST INC CL A TOST	TOST	20,680	$915.9k0.17%	0.17%	Reduced -13.8k	-13,780 -40.0%
55	DOVER CORP COM DOV	DOV	4,830	$885.0k0.16%	0.16%	Reduced -170	-170 -3.4%
56	DRAFTKINGS INC NEW COM CL A DKNG	DKNG	20,490	$878.8k0.16%	0.16%	Reduced -7.8k	-7,840 -27.7%
57	INSULET CORP COM PODD	PODD	2,690	$845.1k0.16%	0.16%	Reduced -1.9k	-1,850 -40.8%
58	ABCELLERA BIOLOGICS INC COM ABCL	ABCL	244,180	$837.5k0.16%	0.16%	Added +390	+390 0.2%
59	HUBSPOT INC COM HUBS	HUBS	1,500	$834.9k0.16%	0.16%	Added +470	+470 45.6%
60	CERTARA INC COM CERT	CERT	70,140	$820.6k0.15%	0.15%	New
61	OKTA INC CL A OKTA	OKTA	8,200	$819.8k0.15%	0.15%	Reduced -33.4k	-33,410 -80.3%
62	LATTICE SEMICONDUCTOR CORP COM LSCC	LSCC	16,720	$819.1k0.15%	0.15%	Reduced -3.1k	-3,130 -15.8%
63	FARMLAND PARTNERS INC COM FPI	FPI	70,620	$812.8k0.15%	0.15%	Added +7.3k	+7,280 11.5%
64	SELECT WATER SOLUTIONS INC CL A COM WTTR	WTTR	93,700	$809.6k0.15%	0.15%	Reduced -19.1k	-19,150 -17.0%
65	DENALI THERAPEUTICS INC COM DNLI	DNLI	57,150	$799.5k0.15%	0.15%	Added +12.2k	+12,240 27.2%
66	ATLASSIAN CORPORATION CL A TEAM	TEAM	3,790	$769.7k0.14%	0.14%	Reduced -7.7k	-7,650 -66.9%
67	ITT INC COM ITT	ITT	4,870	$763.8k0.14%	0.14%	Reduced -490	-490 -9.1%
68	BLOOM ENERGY CORP COM CL A BE	BE	31,611	$756.1k0.14%	0.14%	Reduced -8.9k	-8,890 -21.9%
69	WIX COM LTD SHS WIX	WIX	4,750	$752.7k0.14%	0.14%	Reduced -18.1k	-18,090 -79.2%
70	MONOLITHIC PWR SYS INC COM MPWR	MPWR	1,010	$738.7k0.14%	0.14%	New
71	ZSCALER INC COM ZS	ZS	2,260	$709.5k0.13%	0.13%	Reduced -1.9k	-1,860 -45.1%
72	COREWEAVE INC COM CL A CRWV	CRWV	4,200	$684.9k0.13%	0.13%	New
73	SEA LTD SPONSORD ADS SE	SE	4,240	$678.1k0.13%	0.13%	Reduced -5.6k	-5,600 -56.9%
74	INSMED INC COM PAR $.01 INSM	INSM	6,480	$652.1k0.12%	0.12%	New
75	GUARDANT HEALTH INC COM GH	GH	12,400	$645.3k0.12%	0.12%	New
76	SYNAPTICS INC COM SYNA	SYNA	9,890	$641.1k0.12%	0.12%	Added +9.9k	+9,885 197700.0%
77	ETSY INC COM ETSY	ETSY	12,760	$640.0k0.12%	0.12%	Reduced -15.8k	-15,790 -55.3%
78	NEUROCRINE BIOSCIENCES INC COM NBIX	NBIX	4,870	$612.1k0.11%	0.11%	Reduced -3.7k	-3,680 -43.0%
79	MOOG INC CL A MOG.A	MOG.A	3,356	$607.3k0.11%	0.11%	Reduced -2.7k	-2,680 -44.4%
80	CHART INDS INC COM GTLS	GTLS	3,680	$605.9k0.11%	0.11%	Reduced -190	-190 -4.9%
81	USA RARE EARTH INC COM USAR	USAR	53,660	$587.8k0.11%	0.11%	New
82	LIFEMD INC COM LFMD	LFMD	42,900	$584.3k0.11%	0.11%	New
83	HALOZYME THERAPEUTICS INC COM HALO	HALO	10,520	$547.2k0.10%	0.10%	Added +2.6k	+2,570 32.3%
84	DEXCOM INC COM DXCM	DXCM	6,250	$545.6k0.10%	0.10%	Added +3.0k	+2,990 91.7%
85	ULTRAGENYX PHARMACEUTICAL IN COM RARE	RARE	14,730	$535.6k0.10%	0.10%	Reduced -7.6k	-7,640 -34.1%
86	EURONET WORLDWIDE INC COM EEFT	EEFT	5,206	$527.8k0.10%	0.10%	Reduced -6.2k	-6,230 -54.5%
87	KRYSTAL BIOTECH INC COM KRYS	KRYS	3,820	$525.1k0.10%	0.10%	Reduced -610	-610 -13.8%
88	ABSCI CORPORATION COM ABSI	ABSI	197,430	$507.4k0.09%	0.09%	Reduced -106.2k	-106,240 -35.0%
89	HEALTH CATALYST INC COM HCAT	HCAT	134,060	$505.4k0.09%	0.09%	Reduced -95.8k	-95,810 -41.7%
90	PENUMBRA INC COM PEN	PEN	1,880	$482.5k0.09%	0.09%	Reduced -13.6k	-13,620 -87.9%
91	INVESCO EXCH TRADED FD TR II NASDAQ 100 ETF QQQM	QQQM	2,100	$476.9k0.09%	0.09%	Added +1.4k	+1,400 200.0%
92	PROCEPT BIOROBOTICS CORP COM PRCT	PRCT	8,180	$471.2k0.09%	0.09%	Added +750	+750 10.1%
93	PYXIS ONCOLOGY INC COMMON STOCK PYXS	PYXS	367,170	$403.9k0.08%	0.08%	Reduced -23.8k	-23,790 -6.1%
94	RECURSION PHARMACEUTICALS IN CL A RXRX	RXRX	74,510	$377.0k0.07%	0.07%	Reduced -20.3k	-20,280 -21.4%
95	CHEWY INC CL A CHWY	CHWY	8,350	$355.9k0.07%	0.07%	Reduced -23.0k	-22,990 -73.4%
96	TEMPUS AI INC CL A TEM	TEM	4,500	$285.9k0.05%	0.05%	New
97	ON SEMICONDUCTOR CORP COM ON	ON	5,270	$276.2k0.05%	0.05%	Added +5.3k	+5,260 52600.0%
98	SCHRODINGER INC COM SDGR	SDGR	13,310	$267.8k0.05%	0.05%	Reduced -54.2k	-54,250 -80.3%
99	TIDAL TRUST II HILTON SMALL-MID SMCO	SMCO	4,600	$118.1k0.02%	0.02%	New
100	RYAN SPECIALTY HOLDINGS INC CL A RYAN	RYAN	1,700	$115.6k0.02%	0.02%	Reduced -25.6k	-25,560 -93.8%

Sold out since Q1 2025

Security	Ticker	Shares held before	Value then
SOUTHWEST AIRLS CO LUV 1.25 05.01.25	LUV 1.25 05.01.25	15,180,000	$15.1m15.2m shares
SHOPIFY INC SHOPCN 0.125 11.01.25	SHOPCN 0.125 11.01.25	6,612,000	$6.6m6.6m shares
CHEGG INC CHGG 0 09.01.26	CHGG 0 09.01.26	6,410,000	$5.5m6.4m shares
ROCKET LAB USA INC		69,030	$1.2m69.0k shares
GITLAB INC GTLB	GTLB	20,190	$948.9k20.2k shares
SALESFORCE INC CRM	CRM	2,830	$759.5k2.8k shares
REVOLVE GROUP INC RVLV	RVLV	32,780	$704.4k32.8k shares
ARISTA NETWORKS INC ANET	ANET	7,960	$616.7k8.0k shares
DTE ENERGY CO DTE	DTE	2,894	$400.2k2.9k shares
KEYSIGHT TECHNOLOGIES INC KEYS	KEYS	2,515	$376.7k2.5k shares
DOMINION ENERGY INC D	D	4,315	$241.9k4.3k shares
INSULET CORP PODD 0.375 09.01.26	PODD 0.375 09.01.26	110,000	$139.7k110.0k shares
SHOPIFY INC SHOP	SHOP	1,200	$114.2k1.2k shares
MEDPACE HLDGS INC MEDP	MEDP	1	$3051 shares