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
+1.55%
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
$695M
AUM Growth
+$157M
Cap. Flow
-$235M
Cap. Flow %
-33.78%
Top 10 Hldgs %
21.92%
Holding
353
New
106
Increased
32
Reduced
41
Closed
90

Top Buys

Rank Stock Value
1
VACHU
Voyager Acquisition Corp Unit
VACHU
+$10.4M
2
HONDU
HCM II Acquisition Corp Unit
HONDU
+$7.74M
3
VCICU
Vine Hill Capital Investment Corp Unit
VCICU
+$7.25M
4
PMT
PennyMac Mortgage Investment
PMT
+$5.71M
5
POLEU
Andretti Acquisition Corp II Unit
POLEU
+$5.4M

Top Sells

Rank Stock Value
1
SPRY icon
ARS Pharmaceuticals
SPRY
+$27.9M
2
ALFUU
Centurion Acquisition Corp Unit
ALFUU
+$6.39M
3
CUBWU
Lionheart Holdings Unit
CUBWU
+$4.79M
4
SRG
Seritage Growth Properties
SRG
+$4.61M
5
CORZ icon
Core Scientific
CORZ
+$4.45M

Sector Composition

Rank Sector Weight
1 Technology 4.14%
2 Financials 3.19%
3 Energy 2.1%
4 Healthcare 1.71%
5 Consumer Discretionary 1.54%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
NE icon
126
CALL
Noble Corp
NE
$6.54B
$361K 0.05%
+10,000
New +$403K
ARCH
127
DELISTED
Arch Resources, Inc.
ARCH
$345K 0.05%
+2,500
New +$345K
ASTLW icon
128
Algoma Steel Group Warrant
ASTLW
$242K
$344K 0.05%
+200,056
New +$288K
W icon
129
CALL
Wayfair
W
$11.8B
$337K 0.05%
+6,000
New +$289K
CEP
130
DELISTED
Cantor Equity Partners
CEP
$325K 0.05%
+32,380
New +$324K
ODFL icon
131
CALL
Old Dominion Freight Line
ODFL
$46.3B
$298K 0.04%
+1,500
New +$292K
GROY.WS icon
132
Gold Royalty Corp Warrants
GROY.WS
$145M
$297K 0.04%
988,400
– –
JELD icon
133
JELD-WEN Holding
JELD
$110M
$278K 0.04%
+17,602
New +$258K
BTMD icon
134
Biote Corp
BTMD
$61.9M
$277K 0.04%
+49,651
New +$331K
EVGR
135
DELISTED
Evergreen Corporation Class A Ordinary Share
EVGR
$275K 0.04%
23,599
-122,280
-84% -$1.42M
SQSP
136
DELISTED
Squarespace, Inc.
SQSP
$269K 0.04%
5,800
– –
XPL icon
137
Solitario Resources
XPL
$66.3M
$267K 0.04%
381,913
-168,087
-31% -$135K
HAYN
138
DELISTED
Haynes International, Inc.
HAYN
$250K 0.04%
4,195
-29,689
-88% -$1.77M
SYM icon
139
Symbotic
SYM
$5.13B
$244K 0.04%
10,000
+2,000
+25% +$54.3K
SAVE
140
PUT
DELISTED
Spirit Airlines, Inc.
SAVE
$240K 0.03%
+100,000
New +$275K
WULF icon
141
PUT
TeraWulf
WULF
$7.48B
$234K 0.03%
+50,000
New +$227K
ASTS icon
142
AST SpaceMobile
ASTS
$15.8B
$232K 0.03%
+8,873
New +$200K
NPWR icon
143
NET Power
NPWR
$120M
$232K 0.03%
33,037
– –
KGC icon
144
Kinross Gold
KGC
$27.7B
$219K 0.03%
23,400
-68,500
-75% -$615K
VBNK
145
VersaBank
VBNK
$623M
$211K 0.03%
+15,866
New +$193K
RVT icon
146
Royce Value Trust
RVT
$2.19B
$210K 0.03%
+13,400
New +$203K
INTE
147
DELISTED
Integral Acquisition Corporation 1 Class A Common Stock
INTE
$206K 0.03%
18,572
-31,428
-63% -$348K
SOC icon
148
Sable Offshore Corp
SOC
$836M
$204K 0.03%
+8,631
New +$155K
SMR.WS
149
DELISTED
NuScale Power Corporation Warrants, each exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share
SMR.WS
$200K 0.03%
+63,045
New +$148K
ZEO
150
Zeo Energy
ZEO
$18.2M
$195K 0.03%
115,580
-365,868
-76% -$999K
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 Q3 2024 Portfolio in Review

As of Q3 2024, K2 Principal Fund held 353 positions worth $695M, up 29% from $538M the previous quarter. Its ten largest holdings account for 22% of the portfolio.

K2 Principal Fund withdrew a net $235M in Q3 2024, closing 90 positions and reducing 41 holdings. Its most notable exit was Centurion Acquisition Corp Unit, an estimated $6.39M position sold in full.

By sector, the portfolio is most concentrated in Technology at 4.1% of assets, down from 6.5% a quarter earlier, followed by Financials and Energy.

Against the trend, K2 Principal Fund opened a new position in Voyager Acquisition Corp Unit worth $10.4M.

  • K2 Principal Fund's largest Q3 2024 buy was Voyager Acquisition Corp Unit: 1,042,400 shares worth $10.4M.
  • K2 Principal Fund added most to iTeos Therapeutics in Q3 2024, an estimated $4.24M increase.
  • K2 Principal Fund's biggest Q3 2024 reduction was ARS Pharmaceuticals, cutting an estimated $27.9M.
  • K2 Principal Fund fully exited Centurion Acquisition Corp Unit in Q3 2024, selling an estimated $6.39M.
  • K2 Principal Fund's ten largest holdings make up 22% of its $695M portfolio in Q3 2024.
  • K2 Principal Fund opened 106 new positions and closed 90 in Q3 2024.
  • K2 Principal Fund's portfolio value rose 29% quarter-over-quarter to $695M.

Based on K2 Principal Fund's 13F filing for Q3 2024, filed 15 Nov 2024.