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
-8.03%
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
$1.16B
AUM Growth
-$351M
Cap. Flow
-$335M
Cap. Flow %
-28.92%
Top 10 Hldgs %
45.37%
Holding
494
New
126
Increased
47
Reduced
55
Closed
192

Top Buys

Rank Stock Value
1
PFSI icon
PennyMac Financial
PFSI
+$32M
2
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$29.2M
3
NMRK icon
Newmark Group
NMRK
+$11.5M
4
COIN icon
Coinbase
COIN
+$9.28M
5
BMO icon
Bank of Montreal
BMO
+$8.82M

Top Sells

Rank Stock Value
1
SKIN icon
SkinHealth Systems
SKIN
+$24.3M
2
BG icon
Bunge Global
BG
+$15.9M
3
CIXX
CI Financial Corp.
CIXX
+$12.4M
4
TRIS
Tristar Acquisition I Corp.
TRIS
+$11.2M
5
SAGAU
Sagaliam Acquisition Corp. Units
SAGAU
+$9.93M

Sector Composition

Rank Sector Weight
1 Financials 16.69%
2 Real Estate 2.6%
3 Technology 2.09%
4 Communication Services 1.94%
5 Consumer Staples 1.7%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ALSAU
351
DELISTED
Alpha Star Acquisition Corp Units
ALSAU
– –
-360,000
Closed -$3.69M
BRKHU
352
DELISTED
BurTech Acquisition Corp. Unit
BRKHU
– –
-531,979
Closed -$5.33M
GLLI
353
DELISTED
Globalink Investment Inc. Common Stock
GLLI
– –
-207,600
Closed -$2.03M
PFTA
354
DELISTED
Perception Capital Corp. III Class A Ordinary Share
PFTA
– –
-598,671
Closed -$5.82M
PFTAW
355
DELISTED
Perception Capital Corp. III Warrant
PFTAW
– –
-533,333
Closed -$347K
THCPW
356
DELISTED
Thunder Bridge Capital Partners IV, Inc. Warrant
THCPW
– –
-11,298
Closed -$10K
ROCLU
357
DELISTED
Roth CH Acquisition V Co. Unit
ROCLU
– –
-350,000
Closed -$3.54M
DPCSU
358
DELISTED
DP Cap Acquisition Corp I Unit
DPCSU
– –
-349,800
Closed -$3.54M
NVEI
359
CALL
DELISTED
Nuvei Corporation Subordinate Voting Shares
NVEI
– –
-34,500
Closed -$2.24M
NVEI
360
DELISTED
Nuvei Corporation Subordinate Voting Shares
NVEI
– –
-5,700
Closed -$370K
BCSAU
361
DELISTED
Blockchain Coinvestors Acquisition Corp. I Unit
BCSAU
– –
-372,593
Closed -$3.77M
FNVTW
362
DELISTED
Finnovate Acquisition Corp. Warrants
FNVTW
– –
-75,066
Closed -$29K
AEAEW
363
DELISTED
AltEnergy Acquisition Corp Warrant
AEAEW
– –
-300,000
Closed -$174K
RRAC.WS
364
DELISTED
Rigel Resource Acquisition Corp Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share
RRAC.WS
– –
-75,000
Closed -$41K
RRAC
365
DELISTED
Rigel Resource Acquisition Corp.
RRAC
– –
-150,000
Closed -$1.47M
ONYXW
366
DELISTED
Onyx Acquisition Co. I Warrant
ONYXW
– –
-150,000
Closed -$87K
ADRT.U
367
DELISTED
Ault Disruptive Technologies Corporation Units, each consisting of one share of Common Stock, and three-fourths of one Redeemable Warrant to purchase one share of Common Stock
ADRT.U
– –
-248,651
Closed -$2.52M
XFINW
368
DELISTED
ExcelFin Acquisition Corp Warrant
XFINW
– –
-150,000
Closed -$76K
FEXDU
369
DELISTED
Fintech Ecosystem Development Corp. Units
FEXDU
– –
-400,000
Closed -$4.08M
AACIW
370
DELISTED
Armada Acquisition Corp. I Warrant
AACIW
– –
-307,304
Closed -$172K
TRIS
371
DELISTED
Tristar Acquisition I Corp.
TRIS
– –
-1,153,837
Closed -$11.2M
AKLI
372
DELISTED
Akili Inc
AKLI
– –
-100,041
Closed -$993K
SIX
373
CALL
DELISTED
Six Flags Entertainment Corp.
SIX
– –
-50,000
Closed -$2.13M
DHACU
374
DELISTED
Digital Health Acquisition Corp. Unit
DHACU
– –
-500,000
Closed -$5.12M
BREZR
375
DELISTED
Breeze Holdings Acquisition Corp. Right
BREZR
– –
-61,336
Closed -$13K
13 14
15
16 17

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 Q1 2022 Portfolio in Review

As of Q1 2022, K2 Principal Fund held 494 positions worth $1.16B, down 23% from $1.51B the previous quarter. Its ten largest holdings account for 45% of the portfolio.

K2 Principal Fund withdrew a net $335M in Q1 2022, closing 192 positions and reducing 55 holdings. Its most notable exit was Bunge Global, an estimated $15.9M position sold in full.

By sector, the portfolio is most concentrated in Financials at 17% of assets, up from 16% a quarter earlier, followed by Real Estate and Technology.

Against the trend, K2 Principal Fund opened a new position in State Street SPDR S&P 500 ETF Trust worth $29.6M.

  • K2 Principal Fund's largest Q1 2022 buy was State Street SPDR S&P 500 ETF Trust: 65,553 shares worth $29.6M.
  • K2 Principal Fund added most to PennyMac Financial in Q1 2022, an estimated $32M increase.
  • K2 Principal Fund's biggest Q1 2022 reduction was SkinHealth Systems, cutting an estimated $24.3M.
  • K2 Principal Fund fully exited Bunge Global in Q1 2022, selling an estimated $15.9M.
  • K2 Principal Fund's ten largest holdings make up 45% of its $1.16B portfolio in Q1 2022.
  • K2 Principal Fund opened 126 new positions and closed 192 in Q1 2022.
  • K2 Principal Fund's portfolio value fell 23% quarter-over-quarter to $1.16B.

Based on K2 Principal Fund's 13F filing for Q1 2022, filed 16 May 2022.