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
+9.1%
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
$901M
AUM Growth
+$206M
Cap. Flow
-$198M
Cap. Flow %
-21.99%
Top 10 Hldgs %
20.65%
Holding
406
New
128
Increased
42
Reduced
35
Closed
102

Top Buys

Rank Stock Value
1
WLAC
Willow Lane Acquisition Corp
WLAC
+$9.24M
2
DYNC
Dynamix Corp
DYNC
+$8.53M
3
MLACU
Mountain Lake Acquisition Corp Units
MLACU
+$7.5M
4
TDACU
Translational Development Acquisition Corp Units
TDACU
+$6.76M
5
SEI
Solaris Energy Infrastructure
SEI
+$6.13M

Top Sells

Rank Stock Value
1
VACHU
Voyager Acquisition Corp Unit
VACHU
+$10.4M
2
HONDU
HCM II Acquisition Corp Unit
HONDU
+$7.76M
3
VCICU
Vine Hill Capital Investment Corp Unit
VCICU
+$7.25M
4
PMT
PennyMac Mortgage Investment
PMT
+$5.84M
5
POLEU
Andretti Acquisition Corp II Unit
POLEU
+$5.4M

Sector Composition

Rank Sector Weight
1 Financials 4.72%
2 Technology 2.72%
3 Energy 2.11%
4 Communication Services 1.71%
5 Consumer Discretionary 1.34%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SKGR
51
DELISTED
SK Growth Opportunities Corporation Class A Common Stock
SKGR
$2.14M 0.24%
+184,371
New +$2.12M
FNV icon
52
CALL
Franco-Nevada
FNV
$42.1B
$2.12M 0.24%
+18,000
New +$2.23M
OACC
53
Oaktree Acquisition Corp III Life Sciences
OACC
$264M
$1.95M 0.22%
+195,292
New +$1.95M
GOOG icon
54
CALL
Alphabet (Google) Class C
GOOG
$4.18T
$1.9M 0.21%
+10,000
New +$1.77M
NOEMU
55
CO2 Energy Transition Corp Unit
NOEMU
$72.7M
$1.9M 0.21%
+190,000
New +$1.9M
TPIC
56
CALL
DELISTED
TPI Composites
TPIC
$1.89M 0.21%
+1,000,000
New +$2.78M
UBER icon
57
CALL
Uber
UBER
$146B
$1.87M 0.21%
+31,000
New +$2.21M
INSP icon
58
CALL
Inspire Medical Systems
INSP
$1.47B
$1.85M 0.21%
10,000
-12,000
-55% -$2.33M
PPTA
59
Perpetua Resources
PPTA
$2.24B
$1.81M 0.2%
+170,000
New +$1.74M
XBI icon
60
PUT
State Street SPDR S&P Biotech ETF
XBI
$10.2B
$1.8M 0.2%
+20,000
New +$1.94M
CIEN icon
61
Ciena
CIEN
$48.9B
$1.8M 0.2%
21,222
-4,354
-17% -$312K
DOCU
62
PUT
DocuSign
DOCU
$11.2B
$1.8M 0.2%
+20,000
New +$1.6M
CCJ icon
63
CALL
Cameco
CCJ
$37.8B
$1.79M 0.2%
34,900
+20,600
+144% +$1.12M
ODFL icon
64
CALL
Old Dominion Freight Line
ODFL
$46B
$1.76M 0.2%
10,000
+8,500
+567% +$1.73M
FSLR icon
65
First Solar
FSLR
$22.1B
$1.76M 0.2%
+10,000
New +$1.99M
MRVL icon
66
Marvell Technology
MRVL
$158B
$1.76M 0.2%
15,946
-5,522
-26% -$513K
FTW
67
Presidio Production Co
FTW
$342M
$1.74M 0.19%
174,421
-261,966
-60% -$2.6M
GENI icon
68
Genius Sports
GENI
$1.99B
$1.73M 0.19%
+200,000
New +$1.67M
DJT icon
69
PUT
Trump Media & Technology Group
DJT
$2.8B
$1.71M 0.19%
+50,000
New +$1.59M
PEP icon
70
PUT
PepsiCo
PEP
$195B
$1.52M 0.17%
+10,000
New +$1.64M
BMRN icon
71
CALL
BioMarin Pharmaceuticals
BMRN
$11.9B
$1.51M 0.17%
+23,000
New +$1.54M
ASTLW icon
72
Algoma Steel Group Warrant
ASTLW
$157K
$1.51M 0.17%
692,579
+492,523
+246% +$873K
PRO
73
DELISTED
PROS Holdings
PRO
$1.49M 0.17%
68,000
– –
TGLS icon
74
Tecnoglass
TGLS
$1.99B
$1.43M 0.16%
+18,038
New +$1.37M
ITOS
75
CALL
DELISTED
iTeos Therapeutics
ITOS
$1.42M 0.16%
184,500
-219,200
-54% -$1.88M
1 2
3
4 5

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 Q4 2024 Portfolio in Review

As of Q4 2024, K2 Principal Fund held 406 positions worth $901M, up 30% from $695M the previous quarter. Its ten largest holdings account for 21% of the portfolio.

K2 Principal Fund withdrew a net $198M in Q4 2024, closing 102 positions and reducing 35 holdings. Its most notable exit was Voyager Acquisition Corp Unit, an estimated $10.4M position sold in full.

By sector, the portfolio is most concentrated in Financials at 4.7% of assets, up from 3.2% a quarter earlier, followed by Technology and Energy.

Against the trend, K2 Principal Fund opened a new position in Willow Lane Acquisition Corp worth $9.24M.

  • K2 Principal Fund's largest Q4 2024 buy was Willow Lane Acquisition Corp: 933,888 shares worth $9.24M.
  • K2 Principal Fund added most to Alphabet (Google) Class C in Q4 2024, an estimated $3.01M increase.
  • K2 Principal Fund's biggest Q4 2024 reduction was Presidio Production Co, cutting an estimated $2.6M.
  • K2 Principal Fund fully exited Voyager Acquisition Corp Unit in Q4 2024, selling an estimated $10.4M.
  • K2 Principal Fund's ten largest holdings make up 21% of its $901M portfolio in Q4 2024.
  • K2 Principal Fund opened 128 new positions and closed 102 in Q4 2024.
  • K2 Principal Fund's portfolio value rose 30% quarter-over-quarter to $901M.

Based on K2 Principal Fund's 13F filing for Q4 2024, filed 14 Feb 2025.