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
+9.1%
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
$901M
AUM Growth
+$206M
Cap. Flow
-$198M
Cap. Flow %
-21.99%
Top 10 Hldgs %
20.65%
Holding
406
New
128
Increased
42
Reduced
35
Closed
102

Top Buys

Rank Stock Value
1
WLAC
Willow Lane Acquisition Corp
WLAC
+$9.24M
2
DYNC
Dynamix Corp
DYNC
+$8.53M
3
MLACU
Mountain Lake Acquisition Corp Units
MLACU
+$7.5M
4
TDACU
Translational Development Acquisition Corp Units
TDACU
+$6.76M
5
SEI
Solaris Energy Infrastructure
SEI
+$6.13M

Top Sells

Rank Stock Value
1
VACHU
Voyager Acquisition Corp Unit
VACHU
+$10.4M
2
HONDU
HCM II Acquisition Corp Unit
HONDU
+$7.76M
3
VCICU
Vine Hill Capital Investment Corp Unit
VCICU
+$7.25M
4
PMT
PennyMac Mortgage Investment
PMT
+$5.84M
5
POLEU
Andretti Acquisition Corp II Unit
POLEU
+$5.4M

Sector Composition

Rank Sector Weight
1 Financials 4.72%
2 Technology 2.72%
3 Energy 2.11%
4 Communication Services 1.71%
5 Consumer Discretionary 1.34%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
DMYY
126
DELISTED
dMY Squared
DMYY
$528K 0.06%
50,000
– –
PII icon
127
PUT
Polaris
PII
$3.81B
$519K 0.06%
9,000
-2,200
-20% -$153K
TLT icon
128
PUT
iShares 20+ Year Treasury Bond ETF
TLT
$42.8B
$515K 0.06%
+5,900
New +$543K
TFII icon
129
CALL
TFI International
TFII
$11.6B
$513K 0.06%
+3,800
New +$541K
DOO
130
CALL
Bombardier Recreational Products
DOO
$4.54B
$509K 0.06%
+10,000
New +$520K
GOOS
131
CALL
Canada Goose Holdings
GOOS
$915M
$502K 0.06%
+50,000
New +$511K
ALDF
132
Aldel Financial II Inc
ALDF
$321M
$489K 0.05%
+49,297
New +$489K
PTON icon
133
Peloton Interactive
PTON
$2.89B
$474K 0.05%
+54,527
New +$425K
CLF icon
134
CALL
Cleveland-Cliffs
CLF
$6.58B
$470K 0.05%
50,000
-95,000
-66% -$1.14M
ASTS icon
135
AST SpaceMobile
ASTS
$16.9B
$464K 0.05%
22,000
+13,127
+148% +$321K
SOC icon
136
CALL
Sable Offshore Corp
SOC
$824M
$458K 0.05%
20,000
-94,700
-83% -$2.07M
VALE icon
137
CALL
Vale
VALE
$62.9B
$444K 0.05%
+50,000
New +$509K
PKST
138
DELISTED
Peakstone Realty Trust
PKST
$430K 0.05%
+38,809
New +$506K
HLF icon
139
Herbalife
HLF
$1.3B
$401K 0.04%
+60,000
New +$446K
NPWR icon
140
NET Power
NPWR
$124M
$382K 0.04%
36,037
+3,000
+9% +$29.4K
FCX icon
141
CALL
Freeport-McMoran
FCX
$87.5B
$381K 0.04%
10,000
-92,500
-90% -$4.14M
USNA icon
142
Usana Health Sciences
USNA
$417M
$359K 0.04%
+10,000
New +$374K
NTST
143
PUT
NETSTREIT Corp
NTST
$2.13B
$354K 0.04%
+25,000
New +$389K
EQX icon
144
Equinox Gold
EQX
$7.18B
$351K 0.04%
+70,000
New +$391K
SKGRW
145
DELISTED
SK Growth Opportunities Corporation Warrant
SKGRW
$342K 0.04%
569,365
+385,208
+209% +$138K
NAVI icon
146
PUT
Navient
NAVI
$835M
$332K 0.04%
+25,000
New +$374K
JOBY.WS icon
147
Joby Aviation Warrants
JOBY.WS
$316K 0.04%
+156,221
New +$201K
ADX icon
148
Adams Diversified Equity Fund
ADX
$3.06B
$313K 0.03%
+15,478
New +$330K
BTMD icon
149
Biote Corp
BTMD
$64.6M
$307K 0.03%
49,651
– –
CII icon
150
BlackRock Enhanced Captial and Income Fund
CII
$972M
$302K 0.03%
+15,029
New +$299K
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 Q4 2024 Portfolio in Review

As of Q4 2024, K2 Principal Fund held 406 positions worth $901M, up 30% from $695M the previous quarter. Its ten largest holdings account for 21% of the portfolio.

K2 Principal Fund withdrew a net $198M in Q4 2024, closing 102 positions and reducing 35 holdings. Its most notable exit was Voyager Acquisition Corp Unit, an estimated $10.4M position sold in full.

By sector, the portfolio is most concentrated in Financials at 4.7% of assets, up from 3.2% a quarter earlier, followed by Technology and Energy.

Against the trend, K2 Principal Fund opened a new position in Willow Lane Acquisition Corp worth $9.24M.

  • K2 Principal Fund's largest Q4 2024 buy was Willow Lane Acquisition Corp: 933,888 shares worth $9.24M.
  • K2 Principal Fund added most to Alphabet (Google) Class C in Q4 2024, an estimated $3.01M increase.
  • K2 Principal Fund's biggest Q4 2024 reduction was Presidio Production Co, cutting an estimated $2.6M.
  • K2 Principal Fund fully exited Voyager Acquisition Corp Unit in Q4 2024, selling an estimated $10.4M.
  • K2 Principal Fund's ten largest holdings make up 21% of its $901M portfolio in Q4 2024.
  • K2 Principal Fund opened 128 new positions and closed 102 in Q4 2024.
  • K2 Principal Fund's portfolio value rose 30% quarter-over-quarter to $901M.

Based on K2 Principal Fund's 13F filing for Q4 2024, filed 14 Feb 2025.