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
+6.61%
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
$669M
AUM Growth
+$39.7M
Cap. Flow
-$77.2M
Cap. Flow %
-11.54%
Top 10 Hldgs %
20.07%
Holding
361
New
109
Increased
44
Reduced
41
Closed
118

Top Buys

Rank Stock Value
1
PFSI icon
PennyMac Financial
PFSI
+$14.1M
2
PRPB.U
CC Neuberger Principal Holdings II
PRPB.U
+$9.95M
3
FGNA.U
FG New America Acquisition Corp. Units, each consisting of one share of Class A common stock and one
FGNA.U
+$8.34M
4
WPF
Foley Trasimene Acquisition Corp.
WPF
+$7.22M
5
CCIV.U
Churchill Capital Corp IV Units, each consisting of one share of Class A common stock and one-fifth
CCIV.U
+$7.06M

Top Sells

Rank Stock Value
1
GB
Global Blue Group Holding
GB
+$13.5M
2
CFFAU
CF Finance Acquisition Corp. Unit
CFFAU
+$10.5M
3
PAYA
Paya Holdings Inc. Class A Common Stock
PAYA
+$9.71M
4
FSR
Fisker Inc.
FSR
+$7.79M
5
OPEN icon
Opendoor
OPEN
+$6.16M

Sector Composition

Rank Sector Weight
1 Financials 9.57%
2 Technology 6%
3 Consumer Discretionary 4.46%
4 Consumer Staples 3.65%
5 Healthcare 3.57%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
GLIBA
76
DELISTED
GCI Liberty, Inc. Class A Common Stock (DE)
GLIBA
$2.4M 0.36%
+29,290
New +$2.31M
MTSI icon
77
CALL
MACOM Technology Solutions
MTSI
$17.4B
$2.38M 0.36%
70,000
-30,000
-30% -$1.09M
PFPT
78
PUT
DELISTED
Proofpoint, Inc.
PFPT
$2.38M 0.36%
22,500
-17,500
-44% -$1.95M
ACIA
79
DELISTED
Acacia Communications Inc
ACIA
$2.36M 0.35%
+35,000
New +$2.37M
SPLK
80
DELISTED
Splunk Inc
SPLK
$2.35M 0.35%
+12,500
New +$2.49M
SPRU icon
81
Spruce Power Holding Corp
SPRU
$36.6M
$2.33M 0.35%
+25,216
New +$2.11M
ADM icon
82
PUT
Archer Daniels Midland
ADM
$38.7B
$2.33M 0.35%
50,000
+25,000
+100% +$1.09M
CLDR
83
DELISTED
Cloudera, Inc.
CLDR
$2.29M 0.34%
209,892
+134,892
+180% +$1.56M
PIC.WS
84
CALL
DELISTED
Pivotal Investment Corporation II Redeemable Warrants, each whole warrant exercisable for shares of
PIC.WS
$2.23M 0.33%
601,961
-28,570
-5% -$40.8K
BHC icon
85
Bausch Health
BHC
$1.75B
$2.23M 0.33%
+143,271
New +$2.47M
NSH.U
86
DELISTED
NavSight Holdings, Inc. Units, each consisting of one share of Class A Common Stock and one-half of
NSH.U
$2.22M 0.33%
+220,600
New +$2.21M
GDXJ icon
87
PUT
VanEck Junior Gold Miners ETF
GDXJ
$6.86B
$2.21M 0.33%
+40,000
New +$2.31M
MXIM
88
DELISTED
Maxim Integrated Products
MXIM
$2.19M 0.33%
+32,431
New +$2.19M
ABBV icon
89
CALL
AbbVie
ABBV
$465B
$2.19M 0.33%
+25,000
New +$2.35M
THBR
90
DELISTED
Thunder Bridge Acquisition II, Ltd. Class A Ordinary Shares
THBR
$2.19M 0.33%
214,300
+63,500
+42% +$650K
MCACU
91
DELISTED
Mountain Crest Acquisition Corp Unit
MCACU
$2.14M 0.32%
200,000
– –
CELU icon
92
Celularity
CELU
$19.4M
$2.1M 0.31%
20,000
– –
NGA.U
93
DELISTED
Northern Genesis Acquisition Corp. Units, each consisting of one share of common stock and one-half
NGA.U
$2M 0.3%
+200,000
New +$1.99M
GOOS
94
PUT
Canada Goose Holdings
GOOS
$903M
$1.99M 0.3%
+61,900
New +$1.52M
CFFAW
95
CALL
DELISTED
CF Finance Acquisition Corp. Warrant
CFFAW
$1.98M 0.3%
2,023,465
+427,944
+27% +$572K
LCAPU
96
DELISTED
Lionheart Acquisition Corp. II Unit
LCAPU
$1.97M 0.29%
+197,916
New +$1.97M
PTK.U
97
DELISTED
PTK Acquisition Corp. Units, each consisting of one share of Common Stock, and one Warrant to acquir
PTK.U
$1.94M 0.29%
+190,800
New +$1.91M
ALAC
98
DELISTED
Alberton Acquisition Corp
ALAC
$1.9M 0.28%
176,736
– –
CSIQ icon
99
Canadian Solar
CSIQ
$932M
$1.9M 0.28%
+54,000
New +$1.44M
JCAP
100
DELISTED
Jernigan Capital, Inc.
JCAP
$1.88M 0.28%
+109,549
New +$1.75M
2 3
4
5 6

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 2020 Portfolio in Review

As of Q3 2020, K2 Principal Fund held 361 positions worth $669M, up 6.3% from $629M the previous quarter. Its ten largest holdings account for 20% of the portfolio.

K2 Principal Fund withdrew a net $77.2M in Q3 2020, closing 118 positions and reducing 41 holdings. Its most notable exit was Global Blue Group Holding, an estimated $13.5M position sold in full.

By sector, the portfolio is most concentrated in Financials at 9.6% of assets, up from 6.9% a quarter earlier, followed by Technology and Consumer Discretionary.

Against the trend, K2 Principal Fund opened a new position in CC Neuberger Principal Holdings II worth $10.1M.

  • K2 Principal Fund's largest Q3 2020 buy was CC Neuberger Principal Holdings II: 976,880 shares worth $10.1M.
  • K2 Principal Fund added most to PennyMac Financial in Q3 2020, an estimated $14.1M increase.
  • K2 Principal Fund's biggest Q3 2020 reduction was Tuscan Holdings Corp. II Common Stock, cutting an estimated $3.5M.
  • K2 Principal Fund fully exited Global Blue Group Holding in Q3 2020, selling an estimated $13.5M.
  • K2 Principal Fund's ten largest holdings make up 20% of its $669M portfolio in Q3 2020.
  • K2 Principal Fund opened 109 new positions and closed 118 in Q3 2020.
  • K2 Principal Fund's portfolio value rose 6.3% quarter-over-quarter to $669M.

Based on K2 Principal Fund's 13F filing for Q3 2020, filed 13 Nov 2020.