We are live on ! Find out more
P8IP

Pier 88 Investment Partners Portfolio holdings

AUM $421M
1-Year Est. Return 14.71%
This Fund
S&P 500
This Quarter Est. Return
-6.64%
1 Year Est. Return
+14.71%
3 Year Est. Return
+36.1%
5 Year Est. Return
+43.13%
10 Year Est. Return
–
AUM
$274M
AUM Growth
+$21.3M
Cap. Flow
-$69.7M
Cap. Flow %
-25.45%
Top 10 Hldgs %
40.65%
Holding
108
New
12
Increased
40
Reduced
12
Closed
13

Top Buys

Rank Stock Value
1
DTP
DTE Energy Company 2019 Corporate Units
DTP
+$9.19M
2
NEE.PRP
NextEra Energy, Inc. 5.279% Corporate Units
NEE.PRP
+$4.05M
3
BAC.PRL icon
Bank of America Series L
BAC.PRL
+$2.94M
4
WFC.PRL icon
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
+$2.88M
5
GLD icon
SPDR Gold Trust
GLD
+$2.56M

Top Sells

Rank Stock Value
1
BDXA
Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6
BDXA
+$8.3M
2
CNP.PRB
CenterPoint Energy, Inc. Depositary Shares Each Representing a 1/20th Interest in a Share of 7.00% S
CNP.PRB
+$4.86M
3
SWP
Stanley Black & Decker, Inc. Corporate Units
SWP
+$1.66M
4
AVGOP
Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A
AVGOP
+$1.52M
5
EWBC icon
East-West Bancorp
EWBC
+$1.02M

Sector Composition

Rank Sector Weight
1 Technology 5.86%
2 Utilities 4.54%
3 Healthcare 3.57%
4 Industrials 0.69%
5 Financials 0.69%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
TNET icon
76
TriNet
TNET
$3.05B
– –
-7,935
Closed -$449K
BNFT
77
DELISTED
Benefitfocus, Inc.
BNFT
– –
-2,100
Closed -$46K
CSOD
78
DELISTED
Cornerstone OnDemand, Inc.
CSOD
– –
-14,013
Closed -$820K
CNP.PRB
79
DELISTED
CenterPoint Energy, Inc. Depositary Shares Each Representing a 1/20th Interest in a Share of 7.00% S
CNP.PRB
– –
-99,602
Closed -$4.86M
CSFL
80
DELISTED
CenterState Bank Corporation Common Stock
CSFL
– –
-39,310
Closed -$982K
BDXA
81
DELISTED
Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6
BDXA
– –
-126,733
Closed -$8.3M
1 2 3
4

Similar funds

SCV
Sands Capital Ventures Arlington, Virginia $421M AUM 26.25% 1-Year Est. Return
AI
ArchPoint Investors Coral Gables, Florida $420M AUM 42.19% 1-Year Est. Return
CMHI
CVC Management Holdings II St. Helier, Jersey $420M AUM 0.05% 1-Year Est. Return
MMG
Monetary Management Group St Louis, Missouri $419M AUM 29.55% 1-Year Est. Return
DBRC
D.B. Root & Company Pittsburgh, Pennsylvania $419M AUM 15.03% 1-Year Est. Return
DS
Dalal Street West Lake Hills, Texas $423M AUM 115.19% 1-Year Est. Return
PIMC
Praesidium Investment Management Company New York $419M AUM 4.58% 1-Year Est. Return
VIS
Vega Investment Solutions Paris, France $418M AUM

Pier 88 Investment Partners's Q1 2020 Portfolio in Review

As of Q1 2020, Pier 88 Investment Partners held 108 positions worth $274M, up 8.4% from $253M the previous quarter. Its ten largest holdings account for 41% of the portfolio.

Pier 88 Investment Partners withdrew a net $69.7M in Q1 2020, closing 13 positions and reducing 12 holdings. Its most notable exit was Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6, an estimated $8.3M position sold in full.

By sector, the portfolio is most concentrated in Technology at 5.9% of assets, up from 3.7% a quarter earlier, followed by Utilities and Healthcare.

Against the trend, Pier 88 Investment Partners opened a new position in DTE Energy Company 2019 Corporate Units worth $7.37M.

  • Pier 88 Investment Partners's largest Q1 2020 buy was DTE Energy Company 2019 Corporate Units: 195,600 shares worth $7.37M.
  • Pier 88 Investment Partners added most to Bank of America Series L in Q1 2020, an estimated $2.94M increase.
  • Pier 88 Investment Partners's biggest Q1 2020 reduction was Stanley Black & Decker, Inc. Corporate Units, cutting an estimated $1.66M.
  • Pier 88 Investment Partners fully exited Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6 in Q1 2020, selling an estimated $8.3M.
  • Pier 88 Investment Partners's ten largest holdings make up 41% of its $274M portfolio in Q1 2020.
  • Pier 88 Investment Partners opened 12 new positions and closed 13 in Q1 2020.
  • Pier 88 Investment Partners's portfolio value rose 8.4% quarter-over-quarter to $274M.

Based on Pier 88 Investment Partners's 13F filing for Q1 2020, filed 15 May 2020.