PIER 88 INVESTMENT PARTNERS LLC

SAN FRANCISCO, CA · CIK 1697366 · 13F filing filed 2026-02-04

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)

$447.3m reported value -16.1% vs Q3 2025

117positions

46.8%in top 10

12 new 37 added 57 reduced 8 sold out vs Q3 2025

Holdings, Q4 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	GLOBAL PMTS INC NOTE 1.500% 3/0 · principal GPN 1.5 03.01.31 · principal	GPN 1.5 03.01.31	28,355,000	$25.4m5.69%	5.69%	Added +1.2m	+1,180,000 4.3%
2	ETSY INC NOTE 0.250% 6/1 · principal ETSY 0.25 06.15.28 · principal	ETSY 0.25 06.15.28	28,330,000	$25.3m5.65%	5.65%	Unchanged
3	VENTAS RLTY LTD PARTNERSHIP NOTE 3.750% 6/0 · principal VTR 3.75 06.01.26 · principal	VTR 3.75 06.01.26	17,000,000	$24.0m5.37%	5.37%	Unchanged
4	NEXTERA ENERGY INC UNIT 11/01/2027 NEE 7.234 11.01.27	NEE 7.234 11.01.27	457,230	$22.3m4.98%	4.98%	Added +200.9k	+200,900 78.4%
5	PPL CAP FDG INC NOTE 2.875% 3/1 · principal PPL 2.875 03.15.28 · principal	PPL 2.875 03.15.28	19,810,000	$21.7m4.86%	4.86%	Added +960.0k	+960,000 5.1%
6	OKTA INC NOTE 0.375% 6/1 · principal OKTA 0.375 06.15.26 · principal	OKTA 0.375 06.15.26	21,152,000	$20.6m4.62%	4.62%	Unchanged
7	MERITAGE HOMES CORP NOTE 1.750% 5/1 · principal MTH 1.75 05.15.28 · principal	MTH 1.75 05.15.28	18,489,000	$18.2m4.07%	4.07%	Added +520.0k	+520,000 2.9%
8	BANK AMERICA CORP 7.25%CNV PFD L BAC 7.25 PERP L	BAC 7.25 PERP L	14,023	$17.6m3.92%	3.92%	Reduced -7.4k	-7,380 -34.5%
9	HEWLETT PACKARD ENTERPRISE C 7.625 MAND CONV HPE 7.625 09.01.27	HPE 7.625 09.01.27	259,560	$17.3m3.87%	3.87%	Reduced -7.4k	-7,400 -2.8%
10	SHIFT4 PMTS INC NOTE 0.500% 8/0 · principal FOUR 0.5 08.01.27 · principal	FOUR 0.5 08.01.27	17,736,000	$17.0m3.81%	3.81%	Reduced -1.5m	-1,460,000 -7.6%
11	WELLS FARGO CO NEW PERP PFD CNV A WFC 7.5 PERP L	WFC 7.5 PERP L	13,982	$16.9m3.79%	3.79%	Reduced -7.7k	-7,700 -35.5%
12	KKR & CO INC 6.25 CON SER D KKR 6.25 03.01.28 D	KKR 6.25 03.01.28 D	324,510	$16.8m3.76%	3.76%	Reduced -11.2k	-11,200 -3.3%
13	ARES MANAGEMENT CORPORATION 6.75 SE B PFD ARES 6.75 10.01.27 B	ARES 6.75 10.01.27 B	328,870	$16.6m3.71%	3.71%	Added +115.9k	+115,900 54.4%
14	AMERICAN WTR CAP CORP NOTE 3.625% 6/1 · principal AWK 3.625 06.15.26 · principal	AWK 3.625 06.15.26	14,980,000	$14.9m3.33%	3.33%	Reduced -2.4m	-2,360,000 -13.6%
15	UBER TECHNOLOGIES INC NOTE 0.875%12/0 · principal UBER 0.875 12.01.28 2028 · principal	UBER 0.875 12.01.28 2028	11,471,000	$14.9m3.33%	3.33%	Reduced -1.2m	-1,250,000 -9.8%
16	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	$13.6m3.03%	3.03%	Unchanged
17	APOLLO GLOBAL MGMT INC SER A MAND CNV APO 6.75 07.31.26	APO 6.75 07.31.26	171,880	$13.0m2.90%	2.90%	Reduced -60.0k	-60,000 -25.9%
18	ON SEMICONDUCTOR CORP NOTE 0.500% 3/0 · principal ON 0.5 03.01.29 · principal	ON 0.5 03.01.29	9,952,000	$9.4m2.10%	2.10%	Unchanged
19	ALLIANT ENERGY CORP NOTE 3.875% 3/1 · principal LNT 3.875 03.15.26 · principal	LNT 3.875 03.15.26	7,230,000	$7.5m1.68%	1.68%	Reduced -14.0m	-14,006,000 -66.0%
20	FORD MTR CO DEL NOTE 3/1 · principal F 0 03.15.26 · principal	F 0 03.15.26	5,600,000	$5.8m1.30%	1.30%	Reduced -17.7m	-17,730,000 -76.0%
21	MICROCHIP TECHNOLOGY INC. DEP SHS REPSTG MCHP 7.5 03.15.28	MCHP 7.5 03.15.28	91,320	$5.3m1.19%	1.19%	Added +21.2k	+21,220 30.3%
22	DRAFTKINGS INC NEW NOTE 3/1 · principal DKNG 0 03.15.28 · principal	DKNG 0 03.15.28	5,780,000	$5.3m1.18%	1.18%	Unchanged
23	MOOG INC CL A MOG.A	MOG.A	21,035	$5.1m1.15%	1.15%	Reduced -3.7k	-3,661 -14.8%
24	ATI INC COM ATI	ATI	40,912	$4.7m1.05%	1.05%	Added +33.9k	+33,910 484.3%
25	ITT INC COM ITT	ITT	25,960	$4.5m1.01%	1.01%	Added +240	+240 0.9%
26	CARNIVAL CORP UNIT 99/99/9999 UNIT 99/99/9999		138,600	$4.2m0.95%	0.95%	Added +35.1k	+35,100 33.9%
27	WELLTOWER INC COM WELL	WELL	21,000	$3.9m0.87%	0.87%	New
28	TRANSDIGM GROUP INC COM TDG	TDG	2,400	$3.2m0.71%	0.71%	New
29	MEDTRONIC PLC SHS MDT	MDT	30,400	$2.9m0.65%	0.65%	New
30	CITIZENS FINL GROUP INC COM CFG	CFG	47,100	$2.8m0.61%	0.61%	New
31	HALOZYME THERAPEUTICS INC NOTE 0.250% 3/0 · principal HALO 0.25 03.01.27 · principal	HALO 0.25 03.01.27	2,511,000	$2.7m0.60%	0.60%	Added +2.4m	+2,440,000 3436.6%
32	DATADOG INC NOTE 12/0 · principal DDOG 0 12.01.29 · principal	DDOG 0 12.01.29	2,330,000	$2.3m0.52%	0.52%	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	$2.2m0.49%	0.49%	Unchanged
34	ALPHABET INC CAP STK CL A GOOGL	GOOGL	6,500	$2.0m0.45%	0.45%	Reduced -10.6k	-10,600 -62.0%
35	LATTICE SEMICONDUCTOR CORP COM LSCC	LSCC	25,442	$1.9m0.42%	0.42%	Reduced -1.9k	-1,878 -6.9%
36	COHERENT CORP COM COHR	COHR	9,291	$1.7m0.38%	0.38%	Added +1.1k	+1,061 12.9%
37	ROCKET LAB CORP COM RKLB	RKLB	23,880	$1.7m0.37%	0.37%	Reduced -180	-180 -0.8%
38	NATERA INC COM NTRA	NTRA	7,184	$1.6m0.37%	0.37%	Reduced -76	-76 -1.1%
39	LIGAND PHARMACEUTICALS INC COM NEW LGND	LGND	8,520	$1.6m0.36%	0.36%	Added +1.3k	+1,320 18.3%
40	NUTANIX INC NOTE 0.500%12/1 · principal NTNX 0.5 12.15.29 · principal	NTNX 0.5 12.15.29	1,667,000	$1.6m0.36%	0.36%	New
41	ON SEMICONDUCTOR CORP COM ON	ON	24,510	$1.3m0.30%	0.30%	Reduced -1.2k	-1,160 -4.5%
42	HALOZYME THERAPEUTICS INC COM HALO	HALO	19,280	$1.3m0.29%	0.29%	Reduced -780	-780 -3.9%
43	SILICON LABORATORIES INC COM SLAB	SLAB	9,591	$1.3m0.28%	0.28%	Reduced -521	-521 -5.2%
44	MONOLITHIC PWR SYS INC COM MPWR	MPWR	1,350	$1.2m0.27%	0.27%	Reduced -4.4k	-4,430 -76.6%
45	SYNAPTICS INC COM SYNA	SYNA	15,890	$1.2m0.26%	0.26%	Reduced -1.0k	-1,020 -6.0%
46	OKTA INC CL A OKTA	OKTA	13,420	$1.2m0.26%	0.26%	Added +3.4k	+3,420 34.2%
47	DENALI THERAPEUTICS INC COM DNLI	DNLI	68,200	$1.1m0.25%	0.25%	Added +760	+760 1.1%
48	CLOUDFLARE INC CL A COM NET	NET	5,597	$1.1m0.25%	0.25%	Added +147	+147 2.7%
49	SERVICENOW INC COM NOW	NOW	7,200	$1.1m0.25%	0.25%	Reduced -100	-100 -1.4%
50	NEUROCRINE BIOSCIENCES INC COM NBIX	NBIX	7,560	$1.1m0.24%	0.24%	Added +1.0k	+1,010 15.4%
51	FRESHWORKS INC CLASS A COM FRSH	FRSH	86,320	$1.1m0.24%	0.24%	Reduced -1.5k	-1,460 -1.7%
52	SELECT WATER SOLUTIONS INC CL A COM WTTR	WTTR	99,030	$1.0m0.23%	0.23%	Reduced -7.8k	-7,780 -7.3%
53	ARISTA NETWORKS INC COM SHS ANET	ANET	7,690	$1.0m0.23%	0.23%	Reduced -920	-920 -10.7%
54	DATADOG INC CL A COM DDOG	DDOG	7,240	$984.6k0.22%	0.22%	Added +560	+560 8.4%
55	KRYSTAL BIOTECH INC COM KRYS	KRYS	3,970	$978.8k0.22%	0.22%	Added +150	+150 3.9%
56	ASTRONICS CORP COM ATRO	ATRO	17,330	$940.0k0.21%	0.21%	Added +2.9k	+2,900 20.1%
57	SCHRODINGER INC COM SDGR	SDGR	50,870	$909.6k0.20%	0.20%	Reduced -3.3k	-3,320 -6.1%
58	CERTARA INC COM CERT	CERT	101,020	$890.0k0.20%	0.20%	Reduced -27.9k	-27,940 -21.7%
59	WESTERN DIGITAL CORP COM WDC	WDC	4,820	$830.3k0.19%	0.19%	New
60	IES HOLDINGS INC COM IESC	IESC	2,100	$816.9k0.18%	0.18%	Added +300	+300 16.7%
61	ETSY INC COM ETSY	ETSY	14,297	$792.6k0.18%	0.18%	Reduced -11.1k	-11,143 -43.8%
62	AEROVIRONMENT INC COM AVAV	AVAV	3,210	$776.5k0.17%	0.17%	Reduced -40	-40 -1.2%
63	MONDAY COM LTD SHS MNDY	MNDY	5,260	$776.2k0.17%	0.17%	Added +710	+710 15.6%
64	KLAVIYO INC COM SER A KVYO	KVYO	23,720	$770.2k0.17%	0.17%	Reduced -22.0k	-22,040 -48.2%
65	MP MATERIALS CORP COM CL A MP	MP	15,230	$769.4k0.17%	0.17%	Reduced -1.0k	-1,010 -6.2%
66	SEAGATE TECHNOLOGY HLDNGS PL ORD SHS STX	STX	2,660	$732.5k0.16%	0.16%	New
67	PROGRESS SOFTWARE CORP COM PRGS	PRGS	16,890	$725.6k0.16%	0.16%	Added +3.2k	+3,220 23.6%
68	ABSCI CORPORATION COM ABSI	ABSI	205,800	$718.2k0.16%	0.16%	Reduced -32.4k	-32,380 -13.6%
69	BLOOM ENERGY CORP COM CL A BE	BE	8,129	$706.3k0.16%	0.16%	Reduced -1.4k	-1,392 -14.6%
70	RED VIOLET INC COM RDVT	RDVT	12,370	$704.5k0.16%	0.16%	Added +3.6k	+3,640 41.7%
71	GUARDANT HEALTH INC COM GH	GH	6,820	$696.6k0.16%	0.16%	Reduced -9.8k	-9,830 -59.0%
72	TYLER TECHNOLOGIES INC COM TYL	TYL	1,430	$649.1k0.15%	0.15%	Reduced -100	-100 -6.5%
73	SHIFT4 PMTS INC CL A FOUR	FOUR	10,010	$630.3k0.14%	0.14%	Added +1.6k	+1,570 18.6%
74	MADRIGAL PHARMACEUTICALS INC COM MDGL	MDGL	1,080	$628.9k0.14%	0.14%	New
75	SEA LTD SPONSORD ADS SE	SE	4,800	$612.3k0.14%	0.14%	Reduced -70	-70 -1.4%
76	DOVER CORP COM DOV	DOV	3,075	$600.4k0.13%	0.13%	Reduced -45	-45 -1.4%
77	TOAST INC CL A TOST	TOST	16,430	$583.4k0.13%	0.13%	Added +3.1k	+3,120 23.4%
78	WIX COM LTD SHS WIX	WIX	5,550	$576.6k0.13%	0.13%	Reduced -3.8k	-3,830 -40.8%
79	CHEWY INC CL A CHWY	CHWY	17,370	$574.1k0.13%	0.13%	Added +2.3k	+2,280 15.1%
80	INSMED INC COM PAR $.01 INSM	INSM	3,250	$565.6k0.13%	0.13%	Reduced -1.1k	-1,050 -24.4%
81	EURONET WORLDWIDE INC COM EEFT	EEFT	7,376	$561.4k0.13%	0.13%	Reduced -100	-100 -1.3%
82	ASTERA LABS INC COM ALAB	ALAB	3,260	$542.3k0.12%	0.12%	Added +260	+260 8.7%
83	SAILPOINT INC COM SAIL	SAIL	26,800	$542.2k0.12%	0.12%	Reduced -400	-400 -1.5%
84	EXPEDIA GROUP INC NOTE 2/1 · principal EXPE 0 02.15.26 · principal	EXPE 0 02.15.26	470,000	$525.5k0.12%	0.12%	Reduced -16.4m	-16,390,000 -97.2%
85	ISHARES TR RUSSELL 2000 ETF IWM	IWM	2,100	$516.9k0.12%	0.12%	Added +200	+200 10.5%
86	TEMPUS AI INC CL A TEM	TEM	8,320	$491.3k0.11%	0.11%	Reduced -420	-420 -4.8%
87	DONALDSON INC COM DCI	DCI	5,400	$478.8k0.11%	0.11%	Unchanged
88	DRAFTKINGS INC NEW COM CL A DKNG	DKNG	13,850	$477.3k0.11%	0.11%	Reduced -180	-180 -1.3%
89	EVE HLDG INC COM EVEX	EVEX	118,080	$471.1k0.11%	0.11%	Added +7.7k	+7,730 7.0%
90	TIDAL TRUST II HILTON SMALL-MID SMCO	SMCO	17,500	$469.0k0.10%	0.10%	Added +4.4k	+4,400 33.6%
91	ZSCALER INC COM ZS	ZS	2,080	$467.8k0.10%	0.10%	Added +780	+780 60.0%
92	FARMLAND PARTNERS INC COM FPI	FPI	46,950	$454.9k0.10%	0.10%	Reduced -730	-730 -1.5%
93	ISHARES TR RUS 2000 GRW ETF IWO	IWO	1,400	$452.2k0.10%	0.10%	Added +200	+200 16.7%
94	JOBY AVIATION INC COMMON STOCK JOBY	JOBY	34,130	$450.5k0.10%	0.10%	Reduced -5.2k	-5,200 -13.2%
95	MERCADOLIBRE INC COM MELI	MELI	220	$443.1k0.10%	0.10%	Unchanged
96	USA RARE EARTH INC COM USAR	USAR	34,700	$412.9k0.09%	0.09%	Added +840	+840 2.5%
97	COINBASE GLOBAL INC COM CL A COIN	COIN	1,780	$402.5k0.09%	0.09%	Reduced -130	-130 -6.8%
98	TYLER TEX INDPT SCH DIST NOTE 0.250% 3/1 · principal TYL 0.25 03.15.26 · principal	TYL 0.25 03.15.26	394,000	$399.3k0.09%	0.09%	Reduced -8.2m	-8,240,000 -95.4%
99	RECURSION PHARMACEUTICALS IN CL A RXRX	RXRX	97,140	$397.3k0.09%	0.09%	Reduced -21.4k	-21,420 -18.1%
100	ARCHER AVIATION INC COM CL A ACHR	ACHR	52,550	$395.2k0.09%	0.09%	Reduced -770	-770 -1.4%

Sold out since Q3 2025

Security	Ticker	Shares held before	Value then
DEXCOM INC DXCM 0.25 11.15.25	DXCM 0.25 11.15.25	15,550,000	$15.4m15.6m shares
EXPEDIA GROUP INC EXPE	EXPE	10,500	$2.2m10.5k shares
META PLATFORMS INC META	META	2,900	$2.1m2.9k shares
EBAY INC. EBAY	EBAY	12,500	$1.1m12.5k shares
BLUE OWL CAPITAL INC OWL	OWL	31,100	$526.5k31.1k shares
ULTRAGENYX PHARMACEUTICAL IN RARE	RARE	14,170	$426.2k14.2k shares
PYXIS ONCOLOGY INC PYXS	PYXS	151,730	$336.8k151.7k shares
BOOKING HOLDINGS INC BKNG	BKNG	50	$270.0k50 shares