K2 Principal Fund’s Hess HES Stock Holding History

K2 Principal Fund’s Portfolio HES Stock Details HES Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	–	Sell	-32,782	Closed	-$4.54M	–	359
2025 Q2	$4.54M	Sell	32,782 -4,000	-11%	-$540K	0.63%	46
2025 Q1	$5.88M	Sell	36,782 -2,600	-7%	-$382K	0.75%	50
2024 Q4	$5.24M	Buy	39,382 +5,859	+17%	+$818K	0.58%	64
2024 Q3	$4.55M	Buy	33,523 +1,374	+4%	+$191K	0.66%	56
2024 Q2	$4.74M	Buy	32,149 +12,000	+60%	+$1.84M	0.88%	40
2024 Q1	$3.08M	Buy	20,149 +2,000	+11%	+$290K	0.53%	56
2023 Q4	$2.62M	Buy	+18,149	New	+$2.66M	0.33%	71

Other funds holding HES

DekaBank Deutsche Girozentrale Frankfurt, Germany $60.6B AUM 23.27% 1-Year Est. Return

Osaic Holdings Scottsdale, Arizona $68.3B AUM 20.5% 1-Year Est. Return

BIG

Brooklyn Investment Group Brooklyn, New York $3.2B AUM 26.32% 1-Year Est. Return

IFP Advisors Tampa, Florida $4.82B AUM 20.19% 1-Year Est. Return

VanEck Associates New York $133B AUM 72.99% 1-Year Est. Return

HNB

Huntington National Bank Columbus, Ohio $18.1B AUM 24.69% 1-Year Est. Return

SignatureFD Atlanta, Georgia $6.53B AUM 20.48% 1-Year Est. Return

K2 Principal Fund's HES Position: Q3 2025 in Review

K2 Principal Fund sold out of Hess (HES) in Q3 2025, closing a stake of 32,782 shares — an estimated $4.54M sold.

K2 Principal Fund first reported a position in HES in Q4 2023 and held it in 7 quarters. The position peaked at $5.88M in Q1 2025. 7 funds tracked by Wall St. Rank hold HES as of Q3 2025.

K2 Principal Fund reported no remaining Hess position as of Q3 2025 after selling out during the quarter.
K2 Principal Fund sold 32,782 Hess shares in Q3 2025, an estimated $4.54M.
K2 Principal Fund first reported a position in Hess in Q4 2023 and held it in 7 quarters.
K2 Principal Fund's Hess position peaked at $5.88M in Q1 2025.
7 funds tracked by Wall St. Rank held Hess as of Q3 2025.

Based on K2 Principal Fund's 13F filing for Q3 2025, filed 13 Nov 2025.