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
-8.03%
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
$1.16B
AUM Growth
-$351M
Cap. Flow
-$335M
Cap. Flow %
-28.92%
Top 10 Hldgs %
45.37%
Holding
494
New
126
Increased
47
Reduced
55
Closed
192

Top Buys

Rank Stock Value
1
PFSI icon
PennyMac Financial
PFSI
+$32M
2
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$29.2M
3
NMRK icon
Newmark Group
NMRK
+$11.5M
4
COIN icon
Coinbase
COIN
+$9.28M
5
BMO icon
Bank of Montreal
BMO
+$8.82M

Top Sells

Rank Stock Value
1
SKIN icon
SkinHealth Systems
SKIN
+$24.3M
2
BG icon
Bunge Global
BG
+$15.9M
3
CIXX
CI Financial Corp.
CIXX
+$12.4M
4
TRIS
Tristar Acquisition I Corp.
TRIS
+$11.2M
5
SAGAU
Sagaliam Acquisition Corp. Units
SAGAU
+$9.93M

Sector Composition

Rank Sector Weight
1 Financials 16.69%
2 Real Estate 2.6%
3 Technology 2.09%
4 Communication Services 1.94%
5 Consumer Staples 1.7%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ALAC
126
DELISTED
Alberton Acquisition Corp
ALAC
$867K 0.07%
71,956
– –
AAWW
127
CALL
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
$864K 0.07%
10,000
-15,000
-60% -$1.23M
BTMD icon
128
Biote Corp
BTMD
$61.9M
$851K 0.07%
+86,141
New +$848K
MGI
129
DELISTED
MoneyGram International, Inc. New
MGI
$845K 0.07%
+80,000
New +$770K
ING icon
130
ING
ING
$92.9B
$834K 0.07%
+80,000
New +$1.04M
EXEEL
131
DELISTED
Expand Energy Corp Class C Warrants
EXEEL
$833K 0.07%
14,996
-5,000
-25% -$205K
BBU
132
DELISTED
Brookfield Business Partners
BBU
$807K 0.07%
26,276
-14,818
-36% -$420K
XPL icon
133
Solitario Resources
XPL
$66.3M
$782K 0.07%
+926,772
New +$578K
SRG
134
Seritage Growth Properties
SRG
$138M
$762K 0.07%
+60,202
New +$664K
CLDT
135
PUT
Chatham Lodging
CLDT
$632M
$739K 0.06%
+53,600
New +$735K
KTTA icon
136
Pasithea Therapeutics
KTTA
$15M
$715K 0.06%
27,500
– –
PGRE
137
DELISTED
Paramount Group
PGRE
$655K 0.06%
+60,000
New +$585K
PRPB.WS
138
DELISTED
CC Neuberger Principal Holdings II Redeemable warrants, each whole warrant exercisable for one Class
PRPB.WS
$651K 0.06%
651,020
-818,604
-56% -$833K
TSC
139
DELISTED
TriState Capital Holdings, Inc.
TSC
$639K 0.06%
19,234
-52,910
-73% -$1.69M
VLNS
140
DELISTED
The Valens Company, Inc. Common Shares
VLNS
$635K 0.05%
+369,100
New +$788K
MIME
141
DELISTED
Mimecast Limited
MIME
$616K 0.05%
+7,743
New +$616K
AUPH icon
142
Aurinia Pharmaceuticals
AUPH
$1.95B
$588K 0.05%
+47,462
New +$734K
RDFN
143
DELISTED
Redfin
RDFN
$586K 0.05%
+32,465
New +$836K
FHN icon
144
First Horizon
FHN
$12.2B
$578K 0.05%
+24,618
New +$491K
WALD icon
145
Waldencast
WALD
$208M
$569K 0.05%
+57,451
New +$570K
PLAN
146
DELISTED
Anaplan, Inc.
PLAN
$566K 0.05%
+8,700
New +$424K
WGO icon
147
PUT
Winnebago Industries
WGO
$900M
$540K 0.05%
+10,000
New +$646K
BBUC
148
Brookfield Business Corp Class A Subordinate Voting Shares
BBUC
$6.59B
$532K 0.05%
+13,138
New +$412K
AMC icon
149
CALL
AMC Entertainment Holdings
AMC
$2.45B
$517K 0.04%
+2,100
New +$391K
GLAQW
150
DELISTED
Globis Acquisition Corp. Warrant
GLAQW
$504K 0.04%
916,790
-456,741
-33% -$241K
4 5
6
7 8

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 Q1 2022 Portfolio in Review

As of Q1 2022, K2 Principal Fund held 494 positions worth $1.16B, down 23% from $1.51B the previous quarter. Its ten largest holdings account for 45% of the portfolio.

K2 Principal Fund withdrew a net $335M in Q1 2022, closing 192 positions and reducing 55 holdings. Its most notable exit was Bunge Global, an estimated $15.9M position sold in full.

By sector, the portfolio is most concentrated in Financials at 17% of assets, up from 16% a quarter earlier, followed by Real Estate and Technology.

Against the trend, K2 Principal Fund opened a new position in State Street SPDR S&P 500 ETF Trust worth $29.6M.

  • K2 Principal Fund's largest Q1 2022 buy was State Street SPDR S&P 500 ETF Trust: 65,553 shares worth $29.6M.
  • K2 Principal Fund added most to PennyMac Financial in Q1 2022, an estimated $32M increase.
  • K2 Principal Fund's biggest Q1 2022 reduction was SkinHealth Systems, cutting an estimated $24.3M.
  • K2 Principal Fund fully exited Bunge Global in Q1 2022, selling an estimated $15.9M.
  • K2 Principal Fund's ten largest holdings make up 45% of its $1.16B portfolio in Q1 2022.
  • K2 Principal Fund opened 126 new positions and closed 192 in Q1 2022.
  • K2 Principal Fund's portfolio value fell 23% quarter-over-quarter to $1.16B.

Based on K2 Principal Fund's 13F filing for Q1 2022, filed 16 May 2022.