We are live on ! Find out more
KPF

K2 Principal Fund Portfolio holdings

AUM $1.43B
1-Year Est. Return 29.56%
This Fund
S&P 500
This Quarter Est. Return
-0.62%
1 Year Est. Return
+29.56%
3 Year Est. Return
+71.66%
5 Year Est. Return
+57.43%
10 Year Est. Return
+278.66%
AUM
$477M
AUM Growth
+$40.2M
Cap. Flow
-$122M
Cap. Flow %
-25.62%
Top 10 Hldgs %
32.85%
Holding
320
New
93
Increased
27
Reduced
48
Closed
94

Top Buys

Rank Stock Value
1
SPRY icon
ARS Pharmaceuticals
SPRY
+$8.4M
2
COOP
Mr. Cooper
COOP
+$7.77M
3
GMED icon
Globus Medical
GMED
+$3.92M
4
CVE icon
Cenovus Energy
CVE
+$3.82M
5
TSEM icon
Tower Semiconductor
TSEM
+$3.17M

Top Sells

Rank Stock Value
1
WRLD icon
World Acceptance Corp
WRLD
+$7.53M
2
NUVA
NuVasive, Inc.
NUVA
+$4.42M
3
AJRD
Aerojet Rocketdyne Holdings
AJRD
+$3.33M
4
LSI
Life Storage, Inc.
LSI
+$3.09M
5
ILLM
illumin Holdings Inc. Common Shares
ILLM
+$2.86M

Sector Composition

Rank Sector Weight
1 Technology 6.54%
2 Healthcare 4.19%
3 Financials 3.85%
4 Energy 2.45%
5 Real Estate 1.9%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
GFGDW
276
DELISTED
The Growth for Good Acquisition Corporation Warrant
GFGDW
– –
-147,342
Closed -$10.3K
MBSC.WS
277
DELISTED
M3-Brigade Acquisition III Corp. Public warrants, each whole public warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share
MBSC.WS
– –
-251,493
Closed -$103K
NUVA
278
DELISTED
NuVasive, Inc.
NUVA
– –
-106,389
Closed -$4.42M
PNACW
279
DELISTED
Prime Number Acquisition I Corp. Warrant
PNACW
– –
-138,536
Closed -$6.23K
GENQ
280
DELISTED
Genesis Unicorn Capital Corp. Class A Common Stock
GENQ
– –
-24,047
Closed -$259K
DALS
281
DELISTED
DA32 Life Science Tech Acquisition Corp. Class A Common Stock
DALS
– –
-39,505
Closed -$405K
AJRD
282
DELISTED
Aerojet Rocketdyne Holdings
AJRD
– –
-60,600
Closed -$3.33M
HMA
283
DELISTED
Heartland Media Acquisition Corp.
HMA
– –
-117,330
Closed -$1.24M
ESHAU
284
DELISTED
ESH Acquisition Corp. Unit
ESHAU
– –
-100,000
Closed -$1.01M
LSI
285
DELISTED
Life Storage, Inc.
LSI
– –
-23,260
Closed -$3.09M
GOGN.WS
286
DELISTED
GoGreen Investments Corporation Redeemable Warrants
GOGN.WS
– –
-167,743
Closed -$164K
ILLM
287
DELISTED
illumin Holdings Inc. Common Shares
ILLM
– –
-1,684,619
Closed -$2.86M
HZNP
288
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
– –
-14,500
Closed -$1.49M
ATVI
289
CALL
DELISTED
Activision Blizzard
ATVI
– –
-70,800
Closed -$5.97M
ATVI
290
PUT
DELISTED
Activision Blizzard
ATVI
– –
-105,600
Closed -$8.9M
HUDA
291
DELISTED
Hudson Acquisition I Corp. Common Stock
HUDA
– –
-95,336
Closed -$988K
8 9 10 11
12

Similar funds

KGI
Kopernik Global Investors Tampa, Florida $1.43B AUM 63.57% 1-Year Est. Return
SC
Styrax Capital New York $1.43B AUM 50.63% 1-Year Est. Return
WIM
Weitz Investment Management Omaha, Nebraska $1.43B AUM 0.51% 1-Year Est. Return
LCG
Luxor Capital Group New York $1.43B AUM 30.88% 1-Year Est. Return
CCM
Callodine Capital Management Boston, Massachusetts $1.43B AUM 8.74% 1-Year Est. Return
TS
Triglav Skladi Ljubljana, Slovenia $1.43B AUM 39.24% 1-Year Est. Return
SMA
Sage Mountain Advisors Atlanta, Georgia $1.43B AUM 16.47% 1-Year Est. Return
SCA
Stonebridge Capital Advisors St Paul, Minnesota $1.43B AUM 21.98% 1-Year Est. Return

K2 Principal Fund's Q3 2023 Portfolio in Review

As of Q3 2023, K2 Principal Fund held 320 positions worth $477M, up 9.2% from $437M the previous quarter. Its ten largest holdings account for 33% of the portfolio.

K2 Principal Fund withdrew a net $122M in Q3 2023, closing 94 positions and reducing 48 holdings. Its most notable exit was World Acceptance Corp, an estimated $7.53M position sold in full.

By sector, the portfolio is most concentrated in Technology at 6.5% of assets, up from 5.6% a quarter earlier, followed by Healthcare and Financials.

Against the trend, K2 Principal Fund opened a new position in Mr. Cooper worth $7.57M.

  • K2 Principal Fund's largest Q3 2023 buy was Mr. Cooper: 141,363 shares worth $7.57M.
  • K2 Principal Fund added most to ARS Pharmaceuticals in Q3 2023, an estimated $8.4M increase.
  • K2 Principal Fund's biggest Q3 2023 reduction was PennyMac Mortgage Investment, cutting an estimated $2.73M.
  • K2 Principal Fund fully exited World Acceptance Corp in Q3 2023, selling an estimated $7.53M.
  • K2 Principal Fund's ten largest holdings make up 33% of its $477M portfolio in Q3 2023.
  • K2 Principal Fund opened 93 new positions and closed 94 in Q3 2023.
  • K2 Principal Fund's portfolio value rose 9.2% quarter-over-quarter to $477M.

Based on K2 Principal Fund's 13F filing for Q3 2023, filed 13 Nov 2023.