KPF

K2 Principal Fund Portfolio holdings

AUM $656M

AUM

$656M

AUM Growth

-$25.3M (-4%)

Cap. Flow

+$60.9M

Cap. Flow % of AUM

9.29%

Top 10 Holdings %Top 10 Hldgs %

21.09%

Holding

395

New

Increased

Reduced

Closed

Top Buys

1	SPDR Gold Trust GLD	$15.6M
2	HVII Hennessy Capital Investment Corp. VII Ordinary Shares HVII	$10.4M
3	ARS Pharmaceuticals SPRY	$6.11M
4	First Solar FSLR	$4.31M
5	CEPO Cantor Equity Partners I, Inc. Class A Ordinary Shares CEPO	$3.7M

Top Sells

1	DYNX Dynamix Corporation Class A Ordinary Shares DYNX	$8.25M
2	WLAC Willow Lane Acquisition Corp. Class A Ordinary Shares WLAC	$5.27M
3	PAR Technology PAR	$3.61M
4	CCIR Cohen Circle Acquisition Corp. I Class A Ordinary Shares CCIR	$2.57M
5	iShares Bitcoin Trust IBIT	$2.11M

Sector Composition

1	Financials	7.76%
2	Energy	2.67%
3	Technology	2.57%
4	Real Estate	1.38%
5	Healthcare	1.21%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1	1 SPDR Gold Trust GLD $99B	$18.8M	2.39%	65,246 +54,101	+485%	+$15.6M
2	2 iShares Bitcoin Trust IBIT $72.9B	$10.5M	1.34%	225,000 -45,000	-17%	-$2.11M
3	HVII 3 Hennessy Capital Investment Corp. VII Ordinary Shares HVII $263M	$10.4M	1.32%	1,049,683	New	+$10.4M
4	4 ARS Pharmaceuticals SPRY $1.44B	$6.11M	0.77%	485,355	New	+$6.11M
5	SEI 5 Solaris Energy Infrastructure, Inc. SEI $1.02B	$5.9M	0.75%	271,039 -37,196	-12%	-$809K
6	6 Hess HES $42.9B	$5.88M	0.75%	36,782 -2,600	-7%	-$415K
7	TLN 7 Talen Energy Corporation Common Stock TLN $11.6B	$5.63M	0.71%	28,207 -1,782	-6%	-$356K
8	8 First Solar FSLR $17.7B	$5.58M	0.71%	44,104 +34,104	+341%	+$4.31M
9	NLOP 9 Net Lease Office Properties NLOP $478M	$4.39M	0.56%	140,000 +5,725	+4%	+$180K
10	WLAC 10 Willow Lane Acquisition Corp. Class A Ordinary Shares WLAC	$4.09M	0.52%	407,894 -525,994	-56%	-$5.27M
11	CCIR 11 Cohen Circle Acquisition Corp. I Class A Ordinary Shares CCIR $348M	$3.74M	0.47%	333,306 -229,077	-41%	-$2.57M
12	CEPO 12 Cantor Equity Partners I, Inc. Class A Ordinary Shares CEPO $311M	$3.7M	0.47%	361,517	New	+$3.7M
13	RAC.U 13 Rithm Acquisition Corp Units, each consists of one Class A Ordinary Share and one-third of one redeemable Warrant RAC.U $244M	$3.54M	0.45%	350,000	New	+$3.54M
14	SVCC 14 Stellar V Capital Corp. Class A Ordinary Shares SVCC $220M	$3.4M	0.43%	339,920	New	+$3.4M
15	BEAG 15 Bold Eagle Acquisition Corp. Class A Ordinary Shares BEAG $327M	$3.35M	0.43%	330,416 -191,108	-37%	-$1.94M
16	16 Nabors Energy Transition Corp II NETD $422M	$3.29M	0.42%	300,000	New	+$3.29M
17	ATIIU 17 Archimedes Tech SPAC Partners II Co. Unit ATIIU $238M	$3.22M	0.41%	319,790	New	+$3.22M
18	SRG 18 Seritage Growth Properties SRG $166M	$3.2M	0.41%	991,196 -8,804	-0.9%	-$28.4K
19	19 iShares Silver Trust SLV $16.8B	$3.18M	0.4%	102,700	New	+$3.18M
20	NHICU 20 NewHold Investment Corp III Units NHICU	$3.13M	0.4%	311,335	New	+$3.13M
21	PDS 21 Precision Drilling PDS $672M	$2.86M	0.36%	61,446 +24,000	+64%	+$1.12M
22	22 Amazon AMZN $2.31T	$2.73M	0.35%	14,372 +1,051	+8%	+$200K
23	23 Frontier Communications FYBR $9.07B	$2.55M	0.32%	71,074	–	–
24	LOKVU 24 Live Oak Acquisition Corp. V Units LOKVU	$2.52M	0.32%	250,000	New	+$2.52M
25	25 Uber UBER $181B	$2.51M	0.32%	34,430	New	+$2.51M