Pier 88 Investment Partners LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 6, 2025), Pier 88 Investment Partners LLC reported 76 stock positions worth $83.2 million. Its top holding was Booking (BKNG) at 6.9% of the portfolio, followed by Tradeweb Markets Class A (TW, 5.8%) and Okta (OKTA, 5.3%). Compared with Q4 2024, it opened 12 new positions, sold out of 6, added to 32 and reduced 27. The biggest buy was a new position in Penumbra (PEN) and the biggest sale Itt (ITT, shares −80%).

Most Recent 13F
Q2 2026
Location
SAN FRANCISCO, CA
CIK
0001697366
Portfolio Value
$83.2M (Q1 2025)
SEC Filing
0001104659-25-044834 ↗ filed May 6, 2025

Holdings Value

0$20.0M$40.0M$60.0M$80.0M$100.0M Q1 2024: $63.5M Q1 2024 Q2 2024: $91.6M Q2 2024 Q3 2024: $85.8M Q3 2024 Q4 2024: $81.7M Q4 2024 Q1 2025: $83.2M $83.2M Q1 2025 Q2 2025: $94.1M Q2 2025 Q3 2025: $90.3M Q3 2025 Q4 2025: $87.9M Q4 2025 Q1 2026: $67.5M Q1 2026 Q2 2026: $60.2M Q2 2026

Holdings 76 stocks · $83.2M

BKNG Booking Holdings Inc. 6.93% 1,250 $5.8M Reduce -28.6%
TW Tradeweb Markets Inc. Class A 5.82% 32,615 $4.8M Add +230.9%
OKTA Okta Inc. 5.26% 41,610 $4.4M Add +390.7%
CYBR Cyberark Software Ltd./Israel 5.24% 12,900 $4.4M Reduce -10.8%
PEN Penumbra Inc. 4.98% 15,500 $4.1M New
WIX Wix.com Ltd. 4.49% 22,840 $3.7M Add +9.3%
TEAM Atlassian Corp. Class A 2.92% 11,440 $2.4M New
RYAN Ryan Specialty Holdings Inc. 2.42% 27,260 $2.0M Add +84.7%
TDG Transdigm Group Inc. 2.17% 1,305 $1.8M Add +301.5%
NTNX Nutanix Inc. Class A 1.91% 22,750 $1.6M Add +193.6%
NET Cloudflare Inc. Class A 1.72% 12,720 $1.4M Reduce -20.1%
ETSY Etsy Inc. 1.62% 28,550 $1.3M Reduce -43.1%
SDGR Schrodinger Inc. 1.60% 67,560 $1.3M Reduce -9.6%
SE Sea Ltd.-ADR 1.54% 9,840 $1.3M New
RKLB Rocket Lab USA Inc. 1.48% 69,030 $1.2M Add +8.0%
TYL Tyler Technologies Inc. 1.48% 2,110 $1.2M Add +1.9%
EEFT Euronet Worldwide Inc. 1.47% 11,436 $1.2M Add +14.7%
PODD Insulet Corp. 1.43% 4,540 $1.2M New
WTTR Select Water Solutions Inc. 1.42% 112,850 $1.2M Add +142.8%
TOST Toast Inc. Class A 1.37% 34,460 $1.1M Reduce -22.7%
KVYO Klaviyo Inc. Class A 1.30% 35,670 $1.1M Reduce -7.8%
MOG.A Moog Inc. Class A 1.26% 6,036 $1.0M Reduce -54.1%
HCAT Health Catalyst Inc. 1.25% 229,870 $1.0M Add +34.5%
LSCC Lattice Semiconductor Corp. 1.25% 19,850 $1.0M Add +129.2%
MELI MercadoLibre Inc. 1.24% 530 $1.0M Reduce -5.4%
CHWY Chewy Inc. Class A 1.23% 31,340 $1.0M Add +617.2%
FRPT Freshpet Inc. 1.20% 12,040 $1.0M Add +14.9%
DECK Deckers Outdoor Corp. 1.19% 8,860 $991K Add +8.6%
FOUR SHIFT4 Payments Inc. Class A 1.16% 11,810 $965K Reduce -35.7%
GTLB Gitlab Inc. Class A 1.14% 20,190 $949K New
NBIX Neurocrine Biosciences Inc. 1.14% 8,550 $946K Add +82.3%
DKNG Draftkings Inc. Class A 1.13% 28,330 $941K Add +13.0%
MNDY Monday.com Ltd. 1.12% 3,820 $929K Add +63.3%
SLAB Silicon Laboratories Inc. 1.09% 8,022 $903K Add +55.1%
DOV Dover Corp. 1.06% 5,000 $878K Reduce -24.2%
NTRA Natera Inc. 1.05% 6,190 $875K New
ZS Zscaler Inc. 0.98% 4,120 $817K Add +143.8%
RARE Ultragenyx Pharmaceutical Inc. 0.97% 22,370 $810K Add +58.8%
KRYS Krystal Biotech Inc. 0.96% 4,430 $799K Add +18.1%
BE Bloom Energy Corp. Class A 0.96% 40,501 $796K New
COIN Coinbase Global Inc. Class A 0.94% 4,540 $782K Add +7.8%
NOW ServiceNow Inc. 0.92% 960 $764K Reduce -49.5%
ABSI Absci Corp. 0.92% 303,670 $762K Add +43.8%
CRM Salesforce Inc. 0.91% 2,830 $759K New
FPI Farmland Partners Inc. 0.85% 63,340 $706K Reduce -1.8%
RVLV Revolve Group Inc. Class A 0.85% 32,780 $704K Add +104.4%
ITT Itt Inc. 0.83% 5,360 $692K Reduce -80.0%
CFLT Confluent Inc. Class A 0.82% 29,090 $682K New
FRSH Freshworks Inc. Class A 0.81% 47,850 $675K New
COHR Coherent Corp. 0.77% 9,820 $638K Add +77.3%
ATI Ati Inc. 0.76% 12,182 $634K Add +59.9%
PRO Pros Holdings Inc. 0.76% 33,100 $630K Reduce -58.0%
ANET Arista Networks Inc. 0.74% 7,960 $617K Add +1.5%
DNLI Denali Therapeutics Inc. 0.73% 44,910 $611K Reduce -1.1%
HUBS HubSpot Inc. 0.71% 1,030 $588K Reduce -55.6%
GTLS Chart Industries Inc. 0.67% 3,870 $559K Reduce -33.2%
ABCL Abcellera Biologics Inc. 0.65% 243,790 $544K Add +2.9%
DDOG Datadog Inc. Class A 0.62% 5,230 $519K Reduce -41.2%
HALO Halozyme Therapeutics Inc. 0.61% 7,950 $507K New
RXRX Recursion Pharmaceuticals-A 0.60% 94,790 $501K Reduce -41.4%
ALAB Astera Labs Inc. 0.59% 8,260 $493K New
PRCT Procept Biorobotics Corp. 0.52% 7,430 $433K Reduce -21.2%
IOVA Iovance Biotherapeutics Inc. 0.51% 126,940 $423K Add +132.4%
DTE DTE Energy Company 0.48% 2,894 $400K No change
PYXS Pyxis Oncology Inc. 0.46% 390,960 $383K Add +296.6%
RCKT Rocket Pharmaceuticals Inc. 0.46% 56,820 $379K Add +51.5%
KEYS Keysight Technologies Inc. 0.45% 2,515 $377K Reduce -13.7%
D Dominion Energy Inc. 0.29% 4,315 $242K No change
DXCM Dexcom Inc. 0.27% 3,260 $223K Reduce -49.1%
XYL Xylem Inc. 0.20% 1,375 $164K Reduce -69.5%
QQQM Invesco Nasdaq 100 ETF 0.16% 700 $135K No change
SHOP Shopify Inc. Class A 0.14% 1,200 $114K No change
TXG 10X Genomics Inc. Class A 0.00% 220 $2K Reduce -97.9%
ON On Semiconductor 0.00% 10 $407 Reduce -99.9%
SYNA Synaptics Inc. 0.00% 5 $319 Reduce -100.0%
MEDP Medpace Holdings Inc. 0.00% 1 $305 No change
Other holdings (28): bonds, preferreds, convertibles and warrants · $438.1M (not counted above)
SecurityClassShares / PrincipalValueChange
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 21,133$26.1MAdd +1.9%
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 21,252$25.5MAdd +1.9%
PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) NOTE 2.875% 3/1 · principal 21,960,000$24.6MAdd +5.2%
DEXCOM INC (DXCM 0.25 11/15/25) NOTE 0.250%11/1 · principal 24,700,000$24.0MNo change
ALLIANT ENERGY CORP (LNT 3.875 03/15/26) NOTE 3.875% 3/1 · principal 22,126,000$23.7MAdd +4.9%
ETSY INC (ETSY 0.25 06/15/28) NOTE 0.250% 6/1 · principal 27,140,000$23.0MNo change
OKTA INC (OKTA 0.375 06/15/26) NOTE 0.375% 6/1 · principal 23,462,000$22.4MNo change
GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) NOTE 1.500% 3/0 · principal 23,565,000$22.2MNew
VENTAS REALTY LP (VTR 3.75 06/01/26) NOTE 3.750% 6/0 · principal 17,060,000$21.9MAdd +4.9%
APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) SER A MAND CNV 282,980$20.7MReduce -6.3%
SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) NOTE 0.500% 8/0 · principal 19,486,000$19.7MReduce -8.7%
FORD MOTOR COMPANY (F 0 03/15/26) NOTE 3/1 · principal 18,700,000$18.3MReduce -9.1%
AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) NOTE 3.625% 6/1 · principal 16,390,000$16.7MNo change
EXPEDIA GROUP INC (EXPE 0 02/15/26) NOTE 2/1 · principal 16,860,000$16.6MReduce -8.7%
NEXTERA ENERGY INC (NEE 7.234 11/01/27) UNIT 11/01/2027 363,240$16.5MNew
WIX LTD (WIX 0 08/15/25) NOTE 8/1 · principal 16,635,000$16.3MNo change
EURONET WORLDWIDE INC (EEFT 0.75 03/15/49) NOTE 0.750% 3/1 · principal 16,080,000$16.0MReduce -13.5%
SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) NOTE 1.250% 5/0 · principal 15,180,000$15.1MReduce -20.5%
TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) NOTE 0.250% 3/1 · principal 11,954,000$14.6MReduce -14.6%
UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) NOTE 0.875%12/0 · principal 11,821,000$14.4MAdd +4.9%
HP ENTERPRISE CO (HPE 7.625 09/01/27) 7.625 MAND CONV 233,780$11.2MReduce -34.0%
DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) NOTE 3/1 · principal 8,650,000$7.5MNo change
ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) 6.75 SE B PFD 138,350$6.7MNew
SHOPIFY INC (SHOPCN 0.125 11/01/25) NOTE 0.125%11/0 · principal 6,612,000$6.6MNo change
CHEGG INC (CHGG 0 09/01/26) NOTE 9/0 · principal 6,410,000$5.5MReduce -51.7%
PROS HOLDINGS INC (PRO 2.25 09/15/27) NOTE 2.250% 9/1 · principal 2,211,000$2.1MNo change
INSULET CORPORATION (PODD 0.375 09/01/26) NOTE 0.375% 9/0 · principal 110,000$140KNo change
COINBASE GLOBAL INC (COIN 0.25 04/01/30) NOTE 0.250% 4/0 · principal 94,000$86KNew

Total filed on the 13F, all lines: $521.2M.

Portfolio Sells Q4 2024 → Q1 2025

ITT Itt Inc. Reduce -80.0% 0.83% −3.84
GOOGL Alphabet Inc. Class A Sold out 0.00% −3.75
BKNG Booking Holdings Inc. Reduce -28.6% 6.93% −3.72
MOG.A Moog Inc. Class A Reduce -54.1% 1.26% −1.91
ETSY Etsy Inc. Reduce -43.1% 1.62% −1.63
NOW ServiceNow Inc. Reduce -49.5% 0.92% −1.55
PRO Pros Holdings Inc. Reduce -58.0% 0.76% −1.36
HUBS HubSpot Inc. Reduce -55.6% 0.71% −1.27
FOUR SHIFT4 Payments Inc. Class A Reduce -35.7% 1.16% −1.17
SYNA Synaptics Inc. Reduce -100.0% 0.00% −0.94
DDOG Datadog Inc. Class A Reduce -41.2% 0.62% −0.93
ON On Semiconductor Reduce -99.9% 0.00% −0.91
IWO iShares Russell 2000 Growth Sold out 0.00% −0.78
RXRX Recursion Pharmaceuticals-A Reduce -41.4% 0.60% −0.74
GTLS Chart Industries Inc. Reduce -33.2% 0.67% −0.68
KVYO Klaviyo Inc. Class A Reduce -7.8% 1.30% −0.66
CYBR Cyberark Software Ltd./Israel Reduce -10.8% 5.24% −0.65
SMCO Hilton Small-Midcap Opp ETF Sold out 0.00% −0.64
TOST Toast Inc. Class A Reduce -22.7% 1.37% −0.61
ENTG Entegris Inc. Sold out 0.00% −0.58
XLF SS Financial Select Sector Sold out 0.00% −0.57
IWM iShares Russell 2000 ETF Sold out 0.00% −0.57
DOV Dover Corp. Reduce -24.2% 1.06% −0.46
XYL Xylem Inc. Reduce -69.5% 0.20% −0.44
PRCT Procept Biorobotics Corp. Reduce -21.2% 0.52% −0.41
DNLI Denali Therapeutics Inc. Reduce -1.1% 0.73% −0.40
NET Cloudflare Inc. Class A Reduce -20.1% 1.72% −0.37
DXCM Dexcom Inc. Reduce -49.1% 0.27% −0.34
TXG 10X Genomics Inc. Class A Reduce -97.9% 0.00% −0.18
SDGR Schrodinger Inc. Reduce -9.6% 1.60% −0.16
KEYS Keysight Technologies Inc. Reduce -13.7% 0.45% −0.12
FPI Farmland Partners Inc. Reduce -1.8% 0.85% −0.08
MELI MercadoLibre Inc. Reduce -5.4% 1.24% +0.08

Portfolio Buys Q4 2024 → Q1 2025

PEN Penumbra Inc. New 4.98% +4.98
OKTA Okta Inc. Add +390.7% 5.26% +4.45
TW Tradeweb Markets Inc. Class A Add +230.9% 5.82% +4.24
TEAM Atlassian Corp. Class A New 2.92% +2.92
TDG Transdigm Group Inc. Add +301.5% 2.17% +1.67
SE Sea Ltd.-ADR New 1.54% +1.54
PODD Insulet Corp. New 1.43% +1.43
NTNX Nutanix Inc. Class A Add +193.6% 1.91% +1.33
RYAN Ryan Specialty Holdings Inc. Add +84.7% 2.42% +1.26
GTLB Gitlab Inc. Class A New 1.14% +1.14
NTRA Natera Inc. New 1.05% +1.05
CHWY Chewy Inc. Class A Add +617.2% 1.23% +1.05
BE Bloom Energy Corp. Class A New 0.96% +0.96
CRM Salesforce Inc. New 0.91% +0.91
CFLT Confluent Inc. Class A New 0.82% +0.82
FRSH Freshworks Inc. Class A New 0.81% +0.81
WTTR Select Water Solutions Inc. Add +142.8% 1.42% +0.67
LSCC Lattice Semiconductor Corp. Add +129.2% 1.25% +0.65
HALO Halozyme Therapeutics Inc. New 0.61% +0.61
ZS Zscaler Inc. Add +143.8% 0.98% +0.61
ALAB Astera Labs Inc. New 0.59% +0.59
MNDY Monday.com Ltd. Add +63.3% 1.12% +0.44
NBIX Neurocrine Biosciences Inc. Add +82.3% 1.14% +0.35
SLAB Silicon Laboratories Inc. Add +55.1% 1.09% +0.30
PYXS Pyxis Oncology Inc. Add +296.6% 0.46% +0.27
ATI Ati Inc. Add +59.9% 0.76% +0.25
RARE Ultragenyx Pharmaceutical Inc. Add +58.8% 0.97% +0.25
KRYS Krystal Biotech Inc. Add +18.1% 0.96% +0.24
ABSI Absci Corp. Add +43.8% 0.92% +0.24
EEFT Euronet Worldwide Inc. Add +14.7% 1.47% +0.21
RVLV Revolve Group Inc. Class A Add +104.4% 0.85% +0.19
COHR Coherent Corp. Add +77.3% 0.77% +0.12
TYL Tyler Technologies Inc. Add +1.9% 1.48% +0.01
IOVA Iovance Biotherapeutics Inc. Add +132.4% 0.51% +0.01
DKNG Draftkings Inc. Class A Add +13.0% 1.13% −0.01
RCKT Rocket Pharmaceuticals Inc. Add +51.5% 0.46% −0.12
ABCL Abcellera Biologics Inc. Add +2.9% 0.65% −0.20
HCAT Health Catalyst Inc. Add +34.5% 1.25% −0.23
ANET Arista Networks Inc. Add +1.5% 0.74% −0.32
COIN Coinbase Global Inc. Class A Add +7.8% 0.94% −0.34
RKLB Rocket Lab USA Inc. Add +8.0% 1.48% −0.51
FRPT Freshpet Inc. Add +14.9% 1.20% −0.70
DECK Deckers Outdoor Corp. Add +8.6% 1.19% −0.84
WIX Wix.com Ltd. Add +9.3% 4.49% −1.00

Notes & Other Activity Q4 2024 → Q1 2025

BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L Add +1.9% 21,133 $26.1M
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A Add +1.9% 21,252 $25.5M
PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) NOTE 2.875% 3/1 · principal Add +5.2% 21,960,000 $24.6M
ALLIANT ENERGY CORP (LNT 3.875 03/15/26) NOTE 3.875% 3/1 · principal Add +4.9% 22,126,000 $23.7M
GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) NOTE 1.500% 3/0 · principal New 23,565,000 $22.2M
VENTAS REALTY LP (VTR 3.75 06/01/26) NOTE 3.750% 6/0 · principal Add +4.9% 17,060,000 $21.9M
APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) SER A MAND CNV Reduce -6.3% 282,980 $20.7M
SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) NOTE 0.500% 8/0 · principal Reduce -8.7% 19,486,000 $19.7M
FORD MOTOR COMPANY (F 0 03/15/26) NOTE 3/1 · principal Reduce -9.1% 18,700,000 $18.3M
EXPEDIA GROUP INC (EXPE 0 02/15/26) NOTE 2/1 · principal Reduce -8.7% 16,860,000 $16.6M
NEXTERA ENERGY INC (NEE 7.234 11/01/27) UNIT 11/01/2027 New 363,240 $16.5M
EURONET WORLDWIDE INC (EEFT 0.75 03/15/49) NOTE 0.750% 3/1 · principal Reduce -13.5% 16,080,000 $16.0M
SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) NOTE 1.250% 5/0 · principal Reduce -20.5% 15,180,000 $15.1M
TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) NOTE 0.250% 3/1 · principal Reduce -14.6% 11,954,000 $14.6M
UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) NOTE 0.875%12/0 · principal Add +4.9% 11,821,000 $14.4M
HP ENTERPRISE CO (HPE 7.625 09/01/27) 7.625 MAND CONV Reduce -34.0% 233,780 $11.2M
RINGCENTRAL INC (RNG 0 03/01/25) NOTE 3/0 · principal Sold out 7,660,000 $7.6Mbefore exit
ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) 6.75 SE B PFD New 138,350 $6.7M
CHEGG INC (CHGG 0 09/01/26) NOTE 9/0 · principal Reduce -51.7% 6,410,000 $5.5M
NEXTERA ENERGY INC (NEE 6.926 09/01/25) UNIT 09/01/2025 Sold out 70,500 $2.9Mbefore exit
COINBASE GLOBAL INC (COIN 0.25 04/01/30) NOTE 0.250% 4/0 · principal New 94,000 $86K

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 83$60.2MWELL, MOG.A, WDC, ITT, ATI
Q1 2026Amended 85$67.5MITT, WELL, MDT, ATI, LNG
Q4 2025 87$87.9MMOG.A, ATI, ITT, CCL, WELL
Q3 2025 84$90.3MMPWR, MOG.A, ITT, GOOGL, TSLA
Q2 2025 78$94.1MBKNG, CYBR, NOW, TDG, META
Q1 2025 76$83.2MBKNG, TW, OKTA, CYBR, PEN
Q4 2024 70$81.7MBKNG, CYBR, WIX, ITT, GOOGL
Q3 2024 65$85.8MCYBR, COHR, MELI, BKNG, ITT
Q2 2024 70$91.6MBKNG, CYBR, WIX, FRPT, TDG
Q1 2024 73$63.5MBKNG, KBR, CYBR, FRPT, TDG