PIER 88 INVESTMENT PARTNERS LLC
Long book
$177.8M
Q1 2026
Positions
94
Top-10 weight
63%
concentration
Last quarter
+20.6%
SPY +14.8%
Turnover
26%
of book per quarter
Strategy in plain words
auto-generated from filingsPIER 88 INVESTMENT PARTNERS LLC is a diversified fundamental manager, running a $177.8M US long book across 94 positions.
The portfolio is concentrated: the top 10 names carry 63% of the portfolio. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: NEXTERA ENERGY INC, HP ENTERPRISE CO, BANK OF AMERICA CORP, WELLS FARGO & COMPANY, KKR & CO INC.
Over the last 9 quarters its long book ran on average 1.8pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+4.8%
Q2 2024
+7.1%
Q3 2024
-0.0%
Q4 2024
-13.3%
Q1 2025
+8.6%
Q2 2025
+0.6%
Q3 2025
+0.5%
Q4 2025
-4.6%
Q1 2026
+20.6%
Sector allocation
Other 37%
Utilities 16%
Technology 12%
Industrials 11%
Financials 11%
Healthcare 11%
Materials 1%
Energy 1%
Long book by quarter
What does PIER 88 own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NEE NEXTERA ENERGY INC | Utilities | 458.3K | $24.1M | 13.5% | +0.2% |
| HPE 7.625 09/01/27 HP ENTERPRISE CO | — | 253.4K | $16.3M | 9.2% | -2.4% |
| BAC 7.25 PERP L BANK OF AMERICA CORP | — | 13.7K | $16.3M | 9.1% | -2.6% |
| WFC 7.5 PERP L WELLS FARGO & COMPANY | — | 13.6K | $15.7M | 8.8% | -2.9% |
| KKR KKR & CO INC | Financials | 235.8K | $9.5M | 5.3% | -27.3% |
| ARES ARES MANAGEMENT CORP | Financials | 234.8K | $8.5M | 4.8% | -28.6% |
| BA 6 10/15/27 BOEING CO/THE | — | 97.3K | $6.3M | 3.6% | New |
| APO 6.75 07/31/26 APOLLO GLOBAL MANAGEMENT | — | 104.7K | $6.1M | 3.4% | -39.1% |
| ITT ITT INC | Industrials | 26.5K | $5.0M | 2.8% | +2.1% |
| MCHP MICROCHIP TECHNOLOGY INC | Technology | 68.0K | $3.9M | 2.2% | -25.5% |
| MDT MEDTRONIC PLC | Healthcare | 33.2K | $2.9M | 1.6% | +9.2% |
| GH GUARDANT HEALTH INC | Healthcare | 2.1M | $2.9M | 1.6% | +30064.2% |
| ATI ATI INC | Industrials | 18.0K | $2.6M | 1.5% | -56.0% |
| LNG CHENIERE ENERGY INC | Utilities | 9.1K | $2.6M | 1.5% | New |
| BE BLOOM ENERGY CORP- A | Industrials | 1.5M | $2.4M | 1.4% | +17937.9% |
| DOV DOVER CORP | Industrials | 11.4K | $2.4M | 1.3% | +270.7% |
| LGND LIGAND PHARMACEUTICALS | Healthcare | 8.0K | $1.6M | 0.9% | -6.1% |
| WTTR SELECT WATER SOLUTIONS INC | Energy | 100.1K | $1.5M | 0.9% | +1.1% |
| MPWR MONOLITHIC POWER SYSTEMS INC | Technology | 1.2K | $1.3M | 0.7% | -11.1% |
| NTRA NATERA INC | Healthcare | 6.5K | $1.3M | 0.7% | -9.5% |
| STXN SEAGATE TECHNOLOGY HOLDINGS | — | 3.3K | $1.3M | 0.7% | +24.1% |
| DNLI DENALI THERAPEUTICS INC | Healthcare | 64.8K | $1.2M | 0.7% | -5.0% |
| MOG/A MOOG INC-CLASS A | Industrials | 4.2K | $1.2M | 0.7% | -80.0% |
| HALO HALOZYME THERAPEUTICS INC | Healthcare | 19.0K | $1.2M | 0.7% | -1.5% |
| LSCC LATTICE SEMICONDUCTOR CORP | Technology | 12.9K | $1.2M | 0.7% | -49.3% |
| ATRO ASTRONICS CORP | Industrials | 17.6K | $1.2M | 0.7% | +1.6% |
| ON ON SEMICONDUCTOR | Technology | 18.5K | $1.1M | 0.6% | -24.5% |
| WDC WESTERN DIGITAL CORP | Technology | 4.0K | $1.1M | 0.6% | -17.0% |
| ANET ARISTA NETWORKS INC | Technology | 8.4K | $1.0M | 0.6% | +9.2% |
| SYNA SYNAPTICS INC | Technology | 14.2K | $995K | 0.6% | -10.6% |
| COHR COHERENT CORP | Other | 3.9K | $929K | 0.5% | -58.0% |
| NBIX NEUROCRINE BIOSCIENCES INC | Healthcare | 7.0K | $922K | 0.5% | -7.4% |
| IESC IES HOLDINGS INC | Industrials | 1.9K | $905K | 0.5% | -9.5% |
| KRYS KRYSTAL BIOTECH INC | Healthcare | 3.5K | $904K | 0.5% | -11.8% |
| MP MP MATERIALS CORP | Materials | 17.6K | $849K | 0.5% | +15.6% |
| USAR USA RARE EARTH INC | Materials | 53.8K | $814K | 0.5% | +55.0% |
| RKLB ROCKET LAB CORP | Industrials | 12.4K | $796K | 0.4% | -48.1% |
| ETSY ETSY INC | Services media | 13.0K | $652K | 0.4% | -8.8% |
| MDGL MADRIGAL PHARMACEUTICALS INC | Healthcare | 1.2K | $628K | 0.4% | +11.1% |
| TEM TEMPUS AI INC-CL A | Technology | 13.7K | $620K | 0.3% | +64.7% |
| ABSI ABSCI CORP | Healthcare | 206.1K | $618K | 0.3% | +0.1% |
| NXT NEXTPOWER INC-CL A | Technology | 5.0K | $603K | 0.3% | New |
| OKTA OKTA INC | Technology | 7.5K | $590K | 0.3% | -44.1% |
| BBIO BRIDGEBIO PHARMA INC | Healthcare | 7.7K | $572K | 0.3% | New |
| ALAB ASTERA LABS INC | Technology | 5.1K | $559K | 0.3% | +56.4% |
| RDVT RED VIOLET INC | Technology | 15.4K | $533K | 0.3% | +24.5% |
| STRL STERLING INFRASTRUCTURE INC | Industrials | 1.3K | $529K | 0.3% | New |
| SDGR SCHRODINGER INC | Healthcare | 46.1K | $524K | 0.3% | -9.4% |
| INSM INSMED INC | Healthcare | 3.2K | $523K | 0.3% | -1.5% |
| CERT CERTARA INC | Technology | 91.0K | $519K | 0.3% | -9.9% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 11, 2026 | 112 | $401.8M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 4, 2026 | 117 | $447.3M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 31, 2025 | 113 | $533.5M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 7, 2025 | 105 | $537.8M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 6, 2025 | 104 | $521.2M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 12, 2025 | 96 | $508.1M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 6, 2024 | 91 | $453.9M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 6, 2024 | 132 | $446.0M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 10, 2024 | 135 | $407.0M | canonical | SEC ↗ |
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