Pier 88 Investment Partners Llc Q2 2026 Portfolio Update: Strategic Shifts in Real Estate & Healthcare
A detailed analysis of Pier 88 Investment Partners' portfolio changes for the second quarter ending June 30, 2026.
As of Pier 88 Investment Partners Llc's latest filing dated June 30, 2026, the investment firm's portfolio shows significant activity this quarter. The total value stands at $103,388,861 (approximately $103 million), reflecting a dynamic approach to investing with substantial turnover.
Key holdings like BANK OF AMER CORP 7.25 PERCENTAGE CNV PFD L, WELLS FARGO & CO PERP PFD CNV A, and APO-A continue to hold steady positions, contributing significantly to the portfolio's allocation. However, this quarter saw notable changes in several other areas.
Purchases: The investor demonstrated a clear preference for growth opportunities within Real Estate and Technology sectors during Q2 2026. WELLTOWER INC, symbol WELL, saw its position increase substantially by acquiring an additional 20,400 shares (representing a portfolio allocation jump from the previous quarter). This was one of the most significant additions to their holdings this period. Additionally, they boosted exposure in Technology with WESTERN DIGITAL CORP, adding 4,600 shares.
Within Healthcare and Industrials sectors, Pier 88 Investment Partners also identified potential opportunities. They added positions in several companies including GUARDANT HEALTH INC, though this was a small allocation change; they increased shares by less than one percent (portfolio_percentage_allocation: 0.23). More significantly, they invested in early-stage companies like ABSCI CORPORATION, acquiring 415,600 shares and adding a new position at the same time (portfolio_percentage_allocation: 0.12). They also added positions in DENALI THERAPEUTICS INC and ROCKET PHARMACEUTICALS INC.
Sales: The investor's strategy involved significant divestment activities, particularly in Industrials. They sold nearly all of their position in BLOOM ENERGY CORP, reducing the portfolio_percentage_allocation from 0.26 to effectively zero (change_percent_from_prior_period: -99.75). Similarly, they completely exited their position in GUARDANT HEALTH INC, which had previously been a core holding but was reduced by 205,080 shares (change_percent_from_prior_period: -99.69), leaving the portfolio_percentage_allocation at just 0.23.
Other notable exits include SELECT WATER SOLUTIONS INC, where they sold a substantial portion of their position (portfolio_percentage_allocation: 0.2). They also divested from several other holdings, including DENALI THERAPEUTICS INC and ROCKET PHARMACEUTICALS INC, indicating a shift away from certain sectors or specific investment theses this quarter.