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
-0.79%
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
$871M
AUM Growth
-$35.6M
Cap. Flow
-$72.1M
Cap. Flow %
-8.28%
Top 10 Hldgs %
31.88%
Holding
420
New
69
Increased
48
Reduced
66
Closed
133

Top Buys

Rank Stock Value
1
COOP
Mr. Cooper
COOP
+$24.3M
2
PMT
PennyMac Mortgage Investment
PMT
+$19.5M
3
SJT
San Juan Basin Royalty Trust
SJT
+$8.97M
4
SPRY icon
ARS Pharmaceuticals
SPRY
+$8.41M
5
TWO
Two Harbors Investment
TWO
+$6.57M

Top Sells

Rank Stock Value
1
TSLA icon
Tesla
TSLA
+$52M
2
COIN icon
Coinbase
COIN
+$16M
3
SIVB
SVB Financial Group
SIVB
+$15.9M
4
CIXX
CI Financial Corp.
CIXX
+$11.9M
5
GME icon
GameStop
GME
+$11.8M

Sector Composition

Rank Sector Weight
1 Financials 7.96%
2 Real Estate 4.84%
3 Healthcare 4.77%
4 Consumer Discretionary 4.27%
5 Energy 2.48%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
RCL icon
101
PUT
Royal Caribbean
RCL
$86.5B
$1.14M 0.13%
30,000
-3,000
-9% -$122K
DKNG icon
102
PUT
DraftKings
DKNG
$12.2B
$1.14M 0.13%
75,000
+11,000
+17% +$175K
EXTN
103
DELISTED
Exterran Corporation
EXTN
$1.14M 0.13%
273,102
+116,077
+74% +$503K
LEN icon
104
PUT
Lennar Class A
LEN
$21.1B
$1.13M 0.13%
+15,598
New +$1.21M
AFRM icon
105
CALL
Affirm
AFRM
$24.2B
$1.12M 0.13%
59,900
-78,200
-57% -$2.05M
VXX icon
106
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$159M
$1.06M 0.12%
+3,125
New +$1.04M
X
107
DELISTED
US Steel
X
$997K 0.11%
55,000
-4,300
-7% -$91.9K
WRLD icon
108
World Acceptance Corp
WRLD
$880M
$950K 0.11%
9,808
+805
+9% +$93.2K
AUY
109
DELISTED
Yamana Gold, Inc.
AUY
$942K 0.11%
207,940
+192,407
+1,239% +$892K
USAS
110
Americas Gold and Silver
USAS
$1.31B
$871K 0.1%
849,600
-83,560
-9% -$106K
PTON icon
111
CALL
Peloton Interactive
PTON
$2.84B
$868K 0.1%
+125,300
New +$1.27M
SMTC icon
112
Semtech
SMTC
$10.4B
$786K 0.09%
+26,718
New +$1.25M
ABNB icon
113
Airbnb
ABNB
$90.9B
$764K 0.09%
7,269
-3,099
-30% -$343K
BBBY
114
PUT
Bed Bath & Beyond
BBBY
$503M
$755K 0.09%
34,100
+20,680
+154% +$518K
SPLK
115
CALL
DELISTED
Splunk Inc
SPLK
$752K 0.09%
10,000
– –
RNG icon
116
RingCentral
RNG
$4.77B
$739K 0.08%
+18,500
New +$887K
LHCG
117
DELISTED
LHC Group LLC
LHCG
$736K 0.08%
+4,500
New +$730K
FOCS
118
CALL
DELISTED
Focus Financial Partners Inc. Class A
FOCS
$725K 0.08%
+23,000
New +$878K
STLD icon
119
CALL
Steel Dynamics
STLD
$37.5B
$709K 0.08%
+10,000
New +$757K
ATCO
120
CALL
DELISTED
Atlas Corp.
ATCO
$695K 0.08%
+50,000
New +$651K
CWK icon
121
CALL
Cushman & Wakefield Ltd
CWK
$3.2B
$664K 0.08%
+58,000
New +$875K
RWT
122
Redwood Trust
RWT
$585M
$663K 0.08%
+115,500
New +$893K
CVNA icon
123
Carvana
CVNA
$47.3B
$621K 0.07%
152,910
-1,130,550
-88% -$7.37M
KTTA icon
124
Pasithea Therapeutics
KTTA
$15M
$620K 0.07%
24,590
– –
BITO icon
125
PUT
ProShares Bitcoin Strategy ETF
BITO
$1.39B
$599K 0.07%
+50,000
New +$656K
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 2022 Portfolio in Review

As of Q3 2022, K2 Principal Fund held 420 positions worth $871M, down 3.9% from $907M the previous quarter. Its ten largest holdings account for 32% of the portfolio.

K2 Principal Fund withdrew a net $72.1M in Q3 2022, closing 133 positions and reducing 66 holdings. Its most notable exit was Tesla, an estimated $52M position sold in full.

By sector, the portfolio is most concentrated in Financials at 8% of assets, down from 13% a quarter earlier, followed by Real Estate and Healthcare.

Against the trend, K2 Principal Fund opened a new position in Mr. Cooper worth $23.3M.

  • K2 Principal Fund's largest Q3 2022 buy was Mr. Cooper: 574,409 shares worth $23.3M.
  • K2 Principal Fund added most to San Juan Basin Royalty Trust in Q3 2022, an estimated $8.97M increase.
  • K2 Principal Fund's biggest Q3 2022 reduction was Coinbase, cutting an estimated $16M.
  • K2 Principal Fund fully exited Tesla in Q3 2022, selling an estimated $52M.
  • K2 Principal Fund's ten largest holdings make up 32% of its $871M portfolio in Q3 2022.
  • K2 Principal Fund opened 69 new positions and closed 133 in Q3 2022.
  • K2 Principal Fund's portfolio value fell 3.9% quarter-over-quarter to $871M.

Based on K2 Principal Fund's 13F filing for Q3 2022, filed 14 Nov 2022.