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
FTPA
101
DELISTED
FTAC Parnassus Acquisition Corp. Class A Common Stock
FTPA
$2.44M 0.2%
250,000
– –
FOCS
102
PUT
DELISTED
Focus Financial Partners Inc. Class A
FOCS
$2.4M 0.2%
45,900
+8,100
+21% +$414K
PANW icon
103
CALL
Palo Alto Networks
PANW
$260B
$2.4M 0.19%
30,000
-45,000
-60% -$3.16M
BKNG icon
104
CALL
Booking.com
BKNG
$154B
$2.37M 0.19%
+25,000
New +$2.24M
VAC icon
105
CALL
Marriott Vacations Worldwide
VAC
$3.52B
$2.36M 0.19%
15,000
+10,000
+200% +$1.51M
MDB icon
106
CALL
MongoDB
MDB
$25B
$2.36M 0.19%
5,000
– –
UA icon
107
Under Armour Class C
UA
$2.97B
$2.33M 0.19%
133,105
+16,715
+14% +$320K
CFV
108
DELISTED
CF Acquisition Corp. V Class A Common Stock
CFV
$2.27M 0.18%
229,398
– –
PBCT
109
DELISTED
People's United Financial Inc
PBCT
$2.24M 0.18%
128,290
+67,536
+111% +$1.1M
XLRE icon
110
PUT
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.73B
$2.22M 0.18%
+50,000
New +$2.32M
MU icon
111
PUT
Micron Technology
MU
$927B
$2.13M 0.17%
+30,000
New +$2.25M
FOE
112
DELISTED
Ferro Corporation
FOE
$2.12M 0.17%
+104,362
New +$2.16M
GIA.U
113
DELISTED
GigCapital 5, Inc. Units, each consisting of one share of common stock and one whole redeemable warrant
GIA.U
$2.06M 0.17%
+200,000
New +$2.04M
PAFOU
114
DELISTED
Pacifico Acquisition Corp. Units
PAFOU
$2.03M 0.16%
+200,000
New +$2.02M
CADE
115
DELISTED
Cadence Bancorporation
CADE
$1.99M 0.16%
90,659
+77,096
+568% +$1.57M
CDR
116
DELISTED
Cedar Realty Trust, Inc
CDR
$1.93M 0.16%
+88,754
New +$1.61M
MSON
117
DELISTED
Misonix Inc
MSON
$1.89M 0.15%
+74,552
New +$1.84M
GOGO icon
118
Gogo Inc
GOGO
$550M
$1.8M 0.15%
104,116
– –
CIT
119
DELISTED
CIT Group Inc.
CIT
$1.78M 0.14%
34,281
-22,196
-39% -$1.14M
ISBC
120
DELISTED
Investors Bancorp, Inc.
ISBC
$1.75M 0.14%
+115,800
New +$1.62M
DISCK
121
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
$1.74M 0.14%
71,696
+22,359
+45% +$597K
ZBH icon
122
Zimmer Biomet
ZBH
$18.5B
$1.64M 0.13%
11,536
+5,768
+100% +$848K
FIVN icon
123
CALL
FIVE9
FIVN
$2.08B
$1.6M 0.13%
+10,000
New +$1.82M
BWAC
124
DELISTED
BETTER WORLD ACQUISITION CORP. Common Stock
BWAC
$1.56M 0.13%
154,444
– –
TSEM icon
125
PUT
Tower Semiconductor
TSEM
$22.9B
$1.5M 0.12%
+50,000
New +$1.44M
3 4
5
6 7

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.