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
+5.15%
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
$1.23B
AUM Growth
+$28.2M
Cap. Flow
-$167M
Cap. Flow %
-13.57%
Top 10 Hldgs %
30.38%
Holding
553
New
191
Increased
38
Reduced
38
Closed
238

Top Buys

Rank Stock Value
1
CIXX
CI Financial Corp.
CIXX
+$88.5M
2
PFSI icon
PennyMac Financial
PFSI
+$40.7M
3
PMT
PennyMac Mortgage Investment
PMT
+$16M
4
PFTAU
Perception Capital Corp. III Unit
PFTAU
+$16M
5
CHWAU
CHW Acquisition Corporation Unit
CHWAU
+$9.92M

Top Sells

Rank Stock Value
1
SKIN icon
SkinHealth Systems
SKIN
+$21.8M
2
PRPB
CC Neuberger Principal Holdings II Class A Ordinary Shares
PRPB
+$15.1M
3
GACQU
Global Consumer Acquisition Corp. Unit
GACQU
+$12.2M
4
BPYU
Brookfield Property REIT Inc. Class A Common Stock
BPYU
+$10.2M
5
SVOK
Seven Oaks Acquisition Corp. Class A Common Stock
SVOK
+$8.78M

Sector Composition

Rank Sector Weight
1 Financials 18.24%
2 Real Estate 4.79%
3 Healthcare 4.26%
4 Technology 2.93%
5 Communication Services 2.46%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
RNG icon
326
CALL
RingCentral
RNG
$4.83B
– –
-7,800
Closed -$2.27M
RSVR icon
327
Reservoir Media
RSVR
$727M
– –
-436,932
Closed -$4.34M
SENS icon
328
CALL
Senseonics Holdings Inc
SENS
$254M
– –
-500
Closed -$38K
SES icon
329
SES AI
SES
$187M
– –
-593,944
Closed -$6.04M
SU icon
330
CALL
Suncor Energy
SU
$77.7B
– –
-188,000
Closed -$4.51M
TSEM icon
331
CALL
Tower Semiconductor
TSEM
$21.2B
– –
-88,200
Closed -$2.6M
VOO icon
332
CALL
Vanguard S&P 500 ETF
VOO
$956B
– –
-1,000
Closed -$394K
VVOS icon
333
Vivos Therapeutics
VVOS
$5.75M
– –
-2,590
Closed -$320K
WEN icon
334
CALL
Wendy's
WEN
$1.46B
– –
-10,000
Closed -$234K
WT icon
335
CALL
WisdomTree
WT
$2.79B
– –
-20,000
Closed -$124K
XBPEW
336
CALL
XBP Europe Holdings Warrant
XBPEW
– –
-29,617
Closed -$33K
XBP icon
337
XBP Global Holdings
XBP
$40M
– –
-11,847
Closed -$1.17M
XLE icon
338
CALL
State Street Energy Select Sector SPDR ETF
XLE
$39B
– –
-810,000
Closed -$21.8M
XLF icon
339
PUT
State Street Financial Select Sector SPDR ETF
XLF
$56.5B
– –
-12,500
Closed -$459K
XLK icon
340
PUT
State Street Technology Select Sector SPDR ETF
XLK
$109B
– –
-7,000
Closed -$517K
XLU icon
341
CALL
State Street Utilities Select Sector SPDR ETF
XLU
$23.1B
– –
-60,000
Closed -$1.9M
XLV icon
342
PUT
State Street Health Care Select Sector SPDR ETF
XLV
$42.9B
– –
-5,500
Closed -$693K
XOS icon
343
Xos
XOS
$26.8M
– –
-1,088
Closed -$324K
PDYN icon
344
Palladyne AI
PDYN
$228M
– –
-89,085
Closed -$5.33M
BNT
345
Brookfield Wealth Solutions
BNT
$11.7B
– –
-8,364
Closed -$290K
VEEA
346
Veea Inc
VEEA
$8.59M
– –
-37,507
Closed -$364K
VEEAW
347
CALL
Veea Inc Warrant
VEEAW
– –
-20,000
Closed -$23K
EXEEL
348
CALL
DELISTED
Expand Energy Corp Class C Warrants
EXEEL
– –
-15,633
Closed -$326K
MSPR
349
DELISTED
MSP Recovery Inc
MSPR
– –
-37
Closed -$1.59M
MSPRZ
350
CALL
DELISTED
MSP Recovery Inc Warrant
MSPRZ
– –
-100,000
Closed -$95K
12 13
14
15 16

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 2021 Portfolio in Review

As of Q3 2021, K2 Principal Fund held 553 positions worth $1.23B, up 2.3% from $1.2B the previous quarter. Its ten largest holdings account for 30% of the portfolio.

K2 Principal Fund withdrew a net $167M in Q3 2021, closing 238 positions and reducing 38 holdings. Its most notable exit was CC Neuberger Principal Holdings II Class A Ordinary Shares, an estimated $15.1M position sold in full.

By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 15% a quarter earlier, followed by Real Estate and Healthcare.

Against the trend, K2 Principal Fund opened a new position in Perception Capital Corp. III Unit worth $15.9M.

  • K2 Principal Fund's largest Q3 2021 buy was Perception Capital Corp. III Unit: 1,600,000 shares worth $15.9M.
  • K2 Principal Fund added most to CI Financial Corp. in Q3 2021, an estimated $88.5M increase.
  • K2 Principal Fund's biggest Q3 2021 reduction was SkinHealth Systems, cutting an estimated $21.8M.
  • K2 Principal Fund fully exited CC Neuberger Principal Holdings II Class A Ordinary Shares in Q3 2021, selling an estimated $15.1M.
  • K2 Principal Fund's ten largest holdings make up 30% of its $1.23B portfolio in Q3 2021.
  • K2 Principal Fund opened 191 new positions and closed 238 in Q3 2021.
  • K2 Principal Fund's portfolio value rose 2.3% quarter-over-quarter to $1.23B.

Based on K2 Principal Fund's 13F filing for Q3 2021, filed 12 Nov 2021.