Piper Sandler & Co 13F annual report

Piper Sandler & Co is an investment fund managing more than $228 million ran by Bridget Larsen. There are currently 3 companies in Mrs. Larsen’s portfolio. The largest investments include Shattuck Labs and Profrac Hldg Corp, together worth $213 million.

$228 million Assets Under Management (AUM)

As of 1st August 2024, Piper Sandler & Co’s top holding is 39,467 shares of Shattuck Labs currently worth over $152 million and making up 66.9% of the portfolio value. Relative to the number of outstanding shares of Shattuck Labs, Piper Sandler & Co owns more than approximately 0.1% of the company. In addition, the fund holds 8,164 shares of Profrac Hldg Corp worth $60.5 million. The third-largest holding is Kvh Inds Inc worth $15 million.

Currently, Piper Sandler & Co's portfolio is worth at least $228 million. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Piper Sandler & Co

The Piper Sandler & Co office and employees reside in Minneapolis, Minnesota. According to the last 13-F report filed with the SEC, Bridget Larsen serves as the Chief Compliance Officer at Piper Sandler & Co.

Recent trades

In the most recent 13F filing, Piper Sandler & Co revealed that it had opened a new position in Kvh Inds Inc and bought 3,230 shares worth $15 million.

On the other hand, there are companies that Piper Sandler & Co is getting rid of from its portfolio. Piper Sandler & Co closed its position in Paramount Global on 8th August 2024. It sold the previously owned 382,515 shares for $5.26 billion.

One of the smallest hedge funds

The two most similar investment funds to Piper Sandler & Co are Personal Wealth Partners and Arch Capital Group Ltd. They manage $228 million and $228 million respectively.

Bridget Larsen investment strategy

Piper Sandler & Co’s portfolio is diversified across 2 sectors. Currently, their heaviest sector is Health Care — making up 66.9% of the total portfolio value. The fund focuses on investments in the United States as 33.3% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up approximately 0.1% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $105 million.

The complete list of Piper Sandler & Co trades based on 13F SEC filings

These positions were updated on August 8th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
Paramount Global	Closed 382,515	$5,255,756,000
Zeo Energy Corp	Closed 50,000	$285,000,000
Shattuck Labs, Inc.	No change 39,467	$152,343,000	66.86%
Oppfi Inc	Closed 59,438	$148,595,000
Profrac Hldg Corp	No change 8,164	$60,495,000	26.55%
Clarivate Plc	Closed 545	$16,355,000
Kvh Inds Inc	Opened 3,230	$15,020,000	6.59%
No transactions found
Showing first 500 out of 7 holdings