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
+3.32%
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
$1.51B
AUM Growth
+$279M
Cap. Flow
+$223M
Cap. Flow %
14.8%
Top 10 Hldgs %
40.05%
Holding
511
New
204
Increased
73
Reduced
35
Closed
140

Top Buys

Rank Stock Value
1
SKIN icon
SkinHealth Systems
SKIN
+$43.2M
2
PFSI icon
PennyMac Financial
PFSI
+$21.6M
3
SJT
San Juan Basin Royalty Trust
SJT
+$12.6M
4
WFG icon
West Fraser Timber
WFG
+$11.3M
5
TRIS
Tristar Acquisition I Corp.
TRIS
+$11.2M

Top Sells

Rank Stock Value
1
PMT
PennyMac Mortgage Investment
PMT
+$23.6M
2
HHH icon
Howard Hughes
HHH
+$19.2M
3
PFTAU
Perception Capital Corp. III Unit
PFTAU
+$15.9M
4
SKINW
The Beauty Health Company Warrant expiring 5/4/2026
SKINW
+$11.4M
5
SOND
Sonder
SOND
+$10.1M

Sector Composition

Rank Sector Weight
1 Financials 16.28%
2 Consumer Staples 4.73%
3 Materials 1.97%
4 Communication Services 1.66%
5 Technology 1.6%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SII
101
Sprott
SII
$2.73B
$2.39M 0.16%
53,025
-4,150
-7% -$175K
AAWW
102
CALL
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
$2.35M 0.16%
+25,000
New +$2.15M
WBT
103
DELISTED
Welbilt, Inc.
WBT
$2.35M 0.16%
98,940
-49,878
-34% -$1.18M
RCL icon
104
CALL
Royal Caribbean
RCL
$86.5B
$2.31M 0.15%
+30,000
New +$2.44M
BHC icon
105
Bausch Health
BHC
$1.69B
$2.3M 0.15%
+83,238
New +$2.23M
DAOOU
106
DELISTED
Crypto 1 Acquisition Corp Unit
DAOOU
$2.27M 0.15%
+225,000
New +$2.28M
NVEI
107
CALL
DELISTED
Nuvei Corporation Subordinate Voting Shares
NVEI
$2.24M 0.15%
+34,500
New +$3.4M
FAZE
108
DELISTED
FaZe Holdings Inc. Common Stock
FAZE
$2.23M 0.15%
220,609
-403,403
-65% -$4.12M
TSC
109
DELISTED
TriState Capital Holdings, Inc.
TSC
$2.18M 0.14%
+72,144
New +$2.04M
SIX
110
CALL
DELISTED
Six Flags Entertainment Corp.
SIX
$2.13M 0.14%
+50,000
New +$2.08M
XLNX
111
CALL
DELISTED
Xilinx Inc
XLNX
$2.12M 0.14%
+10,000
New +$1.97M
HHH icon
112
CALL
Howard Hughes
HHH
$4B
$2.06M 0.14%
+21,190
New +$1.85M
KACLU
113
DELISTED
Kairous Acquisition Corp. Limited Unit
KACLU
$2.03M 0.13%
+200,000
New +$2.02M
GLLI
114
DELISTED
Globalink Investment Inc. Common Stock
GLLI
$2.03M 0.13%
+207,600
New +$2.04M
NFNT.U
115
DELISTED
Infinite Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant
NFNT.U
$2.01M 0.13%
+200,000
New +$2.01M
FRBNU
116
DELISTED
Forbion European Acquisition Corp. Unit
FRBNU
$2M 0.13%
+200,000
New +$2M
PRPB.WS
117
DELISTED
CC Neuberger Principal Holdings II Redeemable warrants, each whole warrant exercisable for one Class
PRPB.WS
$2M 0.13%
1,469,624
+223,574
+18% +$253K
CDR
118
DELISTED
Cedar Realty Trust, Inc
CDR
$1.98M 0.13%
78,829
-9,925
-11% -$224K
DISCK
119
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
$1.92M 0.13%
83,965
+12,269
+17% +$296K
ZBH icon
120
CALL
Zimmer Biomet
ZBH
$18.5B
$1.91M 0.13%
+15,450
New +$2.02M
MAAQU
121
DELISTED
Mana Capital Acquisition Corp. Unit
MAAQU
$1.9M 0.13%
+185,000
New +$1.89M
UTAAU
122
DELISTED
UTA Acquisition Corporation Units
UTAAU
$1.9M 0.13%
+187,896
New +$1.88M
B
123
PUT
Barrick Mining
B
$61.5B
$1.8M 0.12%
+95,000
New +$1.8M
CONE
124
DELISTED
CyrusOne Inc Common Stock
CONE
$1.73M 0.11%
+19,297
New +$1.64M
ASZ.WS
125
DELISTED
Austerlitz Acquisition Corporation II Warrants, each whole Warrant exercisable for one Class A Ordinary Share at an exercise price of $11.50 per share
ASZ.WS
$1.71M 0.11%
1,745,126
+1,216,210
+230% +$1.31M
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 Q4 2021 Portfolio in Review

As of Q4 2021, K2 Principal Fund held 511 positions worth $1.51B, up 23% from $1.23B the previous quarter. Its ten largest holdings account for 40% of the portfolio.

K2 Principal Fund deployed $223M of net new capital in Q4 2021, opening 204 new positions and adding to 73 existing holdings. Its largest new stake was San Juan Basin Royalty Trust: 2,014,719 shares worth $12.3M.

By sector, the portfolio is most concentrated in Financials at 16% of assets, down from 18% a quarter earlier, followed by Consumer Staples and Materials.

On the sell side, the largest reduction was Mercer International, an estimated $7.82M trimmed.

  • K2 Principal Fund's largest Q4 2021 buy was San Juan Basin Royalty Trust: 2,014,719 shares worth $12.3M.
  • K2 Principal Fund added most to SkinHealth Systems in Q4 2021, an estimated $43.2M increase.
  • K2 Principal Fund's biggest Q4 2021 reduction was Mercer International, cutting an estimated $7.82M.
  • K2 Principal Fund fully exited PennyMac Mortgage Investment in Q4 2021, selling an estimated $23.6M.
  • K2 Principal Fund's ten largest holdings make up 40% of its $1.51B portfolio in Q4 2021.
  • K2 Principal Fund opened 204 new positions and closed 140 in Q4 2021.
  • K2 Principal Fund's portfolio value rose 23% quarter-over-quarter to $1.51B.

Based on K2 Principal Fund's 13F filing for Q4 2021, filed 11 Feb 2022.