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
-19.56%
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
$907M
AUM Growth
-$253M
Cap. Flow
-$73.7M
Cap. Flow %
-8.13%
Top 10 Hldgs %
29.23%
Holding
435
New
129
Increased
60
Reduced
46
Closed
81

Top Buys

Rank Stock Value
1
TSLA icon
Tesla
TSLA
+$63.2M
2
SIVB
SVB Financial Group
SIVB
+$18.9M
3
COIN icon
Coinbase
COIN
+$17.7M
4
RIVN icon
Rivian
RIVN
+$13.7M
5
W icon
Wayfair
W
+$13M

Top Sells

Rank Stock Value
1
PFSI icon
PennyMac Financial
PFSI
+$60.7M
2
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$26.4M
3
SJT
San Juan Basin Royalty Trust
SJT
+$10.5M
4
CDR
Cedar Realty Trust, Inc
CDR
+$10M
5
BMO icon
Bank of Montreal
BMO
+$8.98M

Sector Composition

Rank Sector Weight
1 Financials 13.3%
2 Consumer Discretionary 12.63%
3 Healthcare 5.21%
4 Consumer Staples 3.3%
5 Technology 3.25%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
USAS
101
Americas Gold and Silver
USAS
$1.37B
$1.61M 0.18%
933,160
+200,560
+27% +$414K
AEM icon
102
CALL
Agnico Eagle Mines
AEM
$73B
$1.6M 0.18%
+35,000
New +$1.95M
SIVB
103
PUT
DELISTED
SVB Financial Group
SIVB
$1.58M 0.17%
+4,000
New +$1.88M
SAFE
104
Safehold
SAFE
$1.19B
$1.56M 0.17%
+23,394
New +$1.97M
NSR
105
DELISTED
Nomad Royalty Company Ltd.
NSR
$1.54M 0.17%
+218,600
New +$1.69M
RCI icon
106
CALL
Rogers Communications
RCI
$17.7B
$1.54M 0.17%
+25,000
New +$1.31M
CLF icon
107
CALL
Cleveland-Cliffs
CLF
$6.99B
$1.54M 0.17%
100,000
-135,000
-57% -$3.23M
COIN icon
108
CALL
Coinbase
COIN
$44.1B
$1.53M 0.17%
+32,500
New +$3.09M
X
109
CALL
DELISTED
US Steel
X
$1.52M 0.17%
85,000
-85,000
-50% -$2.32M
KGC icon
110
PUT
Kinross Gold
KGC
$28.6B
$1.52M 0.17%
425,000
+415,000
+4,150% +$2.01M
ANNX icon
111
Annexon
ANNX
$841M
$1.49M 0.16%
+396,357
New +$1.21M
AKLI
112
DELISTED
Akili Inc
AKLI
$1.48M 0.16%
+150,000
New +$1.48M
PLD icon
113
Prologis
PLD
$137B
$1.44M 0.16%
+12,275
New +$1.7M
FHN icon
114
First Horizon
FHN
$12.1B
$1.44M 0.16%
65,851
+41,233
+167% +$927K
INSP icon
115
CALL
Inspire Medical Systems
INSP
$1.47B
$1.39M 0.15%
+7,600
New +$1.52M
TSEM icon
116
Tower Semiconductor
TSEM
$25.3B
$1.37M 0.15%
+29,682
New +$1.41M
PROK icon
117
ProKidney
PROK
$316M
$1.37M 0.15%
+136,937
New +$1.35M
RNAC icon
118
Cartesian Therapeutics
RNAC
$229M
$1.33M 0.15%
+33,798
New +$1M
CDK
119
DELISTED
CDK Global, Inc.
CDK
$1.3M 0.14%
+23,825
New +$1.29M
TWLO icon
120
CALL
Twilio
TWLO
$29.5B
$1.26M 0.14%
15,000
-29,500
-66% -$3.3M
BDTX icon
121
Black Diamond Therapeutics
BDTX
$99.1M
$1.25M 0.14%
+507,652
New +$1.18M
SAIL
122
DELISTED
SailPoint Technologies Holdings, Inc. Common Stock
SAIL
$1.18M 0.13%
+18,844
New +$1.16M
FCX icon
123
Freeport-McMoran
FCX
$90.2B
$1.17M 0.13%
+40,000
New +$1.6M
RCL icon
124
PUT
Royal Caribbean
RCL
$81.8B
$1.15M 0.13%
33,000
+3,000
+10% +$187K
COOP
125
CALL
DELISTED
Mr. Cooper
COOP
$1.15M 0.13%
31,300
+9,000
+40% +$381K
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 Q2 2022 Portfolio in Review

As of Q2 2022, K2 Principal Fund held 435 positions worth $907M, down 22% from $1.16B the previous quarter. Its ten largest holdings account for 29% of the portfolio.

K2 Principal Fund withdrew a net $73.7M in Q2 2022, closing 81 positions and reducing 46 holdings. Its most notable exit was Cedar Realty Trust, Inc, an estimated $10M position sold in full.

By sector, the portfolio is most concentrated in Financials at 13% of assets, down from 17% a quarter earlier, followed by Consumer Discretionary and Healthcare.

Against the trend, K2 Principal Fund opened a new position in Tesla worth $52M.

  • K2 Principal Fund's largest Q2 2022 buy was Tesla: 231,699 shares worth $52M.
  • K2 Principal Fund added most to Coinbase in Q2 2022, an estimated $17.7M increase.
  • K2 Principal Fund's biggest Q2 2022 reduction was PennyMac Financial, cutting an estimated $60.7M.
  • K2 Principal Fund fully exited Cedar Realty Trust, Inc in Q2 2022, selling an estimated $10M.
  • K2 Principal Fund's ten largest holdings make up 29% of its $907M portfolio in Q2 2022.
  • K2 Principal Fund opened 129 new positions and closed 81 in Q2 2022.
  • K2 Principal Fund's portfolio value fell 22% quarter-over-quarter to $907M.

Based on K2 Principal Fund's 13F filing for Q2 2022, filed 12 Aug 2022.