Pier 88 Investment Partners Portfolio holdings
Top Buys
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SWP
Stanley Black & Decker, Inc. Corporate Units
SWP
|
+$5.91M |
| 2 |
Bank of America Series L
BAC.PRL
|
+$4.1M |
| 3 |
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
|
+$4.05M |
| 4 |
DCUE
Dominion Energy, Inc. 2019 Series A Corporate Units
DCUE
|
+$2.99M |
| 5 |
MODN
MODEL N, INC.
MODN
|
+$1.35M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 6.95% |
| 2 | Healthcare | 4.89% |
| 3 | Industrials | 3.79% |
| 4 | Utilities | 3.4% |
| 5 | Consumer Discretionary | 1.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
Webster Financial
WBS
$12.8B
| $121K | 0.03% |
4,235
+2,645
| +166% | +$70.1K |
|
77
eHealth
EHTH
$39.1M
| $117K | 0.03% |
1,190
-5,940
| -83% | -$691K |
|
|
NUVA
78
DELISTED
NuVasive, Inc.
NUVA
| $82K | 0.02% |
1,475
-1,700
| -54% | -$98.3K |
|
|
AMRN
79
Amarin Corp
AMRN
$296M
| – | – |
-1,346
| Closed | -$108K |
|
80
ITT
ITT
$19.4B
| – | – |
-1,650
| Closed | -$75K |
|
|
PRO
81
DELISTED
PROS Holdings
PRO
| – | – |
-11,462
| Closed | -$356K |
|
82
RingCentral
RNG
$5.3B
| – | – |
-4,820
| Closed | -$1.02M |
|
83
Synaptics
SYNA
$4.18B
| – | – |
-11,110
| Closed | -$643K |
|
84
Wayfair
W
$14.1B
| – | – |
-7,631
| Closed | -$408K |
|
|
MRTX
85
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| – | – |
-5,750
| Closed | -$442K |
|
|
MNDT
86
DELISTED
Mandiant, Inc. Common Stock
MNDT
| – | – |
-54,935
| Closed | -$581K |
|
|
PFPT
87
DELISTED
Proofpoint, Inc.
PFPT
| – | – |
-8,805
| Closed | -$903K |
|
|
TLND
88
DELISTED
Talend S.A. American Depositary Shares
TLND
| – | – |
-21,849
| Closed | -$490K |
|
|
SWP
89
DELISTED
Stanley Black & Decker, Inc. Corporate Units
SWP
| – | – |
-81,345
| Closed | -$5.91M |
|
Similar funds
Pier 88 Investment Partners's Q2 2020 Portfolio in Review
As of Q2 2020, Pier 88 Investment Partners held 122 positions worth $352M, up 28% from $274M the previous quarter. Its ten largest holdings account for 33% of the portfolio.
Pier 88 Investment Partners withdrew a net $109M in Q2 2020, closing 11 positions and reducing 23 holdings. Its most notable exit was Stanley Black & Decker, Inc. Corporate Units, an estimated $5.91M position sold in full.
By sector, the portfolio is most concentrated in Technology at 6.9% of assets, up from 5.9% a quarter earlier, followed by Healthcare and Industrials.
Against the trend, Pier 88 Investment Partners opened a new position in Boston Scientific Corporation 5.50% Mandatory Convertible Preferred Stock, Series A worth $9.07M.
- Pier 88 Investment Partners's largest Q2 2020 buy was Boston Scientific Corporation 5.50% Mandatory Convertible Preferred Stock, Series A: 86,580 shares worth $9.07M.
- Pier 88 Investment Partners added most to Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A in Q2 2020, an estimated $3.91M increase.
- Pier 88 Investment Partners's biggest Q2 2020 reduction was Bank of America Series L, cutting an estimated $4.1M.
- Pier 88 Investment Partners fully exited Stanley Black & Decker, Inc. Corporate Units in Q2 2020, selling an estimated $5.91M.
- Pier 88 Investment Partners's ten largest holdings make up 33% of its $352M portfolio in Q2 2020.
- Pier 88 Investment Partners opened 21 new positions and closed 11 in Q2 2020.
- Pier 88 Investment Partners's portfolio value rose 28% quarter-over-quarter to $352M.
Based on Pier 88 Investment Partners's 13F filing for Q2 2020, filed 14 Aug 2020.