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
+6.61%
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
$669M
AUM Growth
+$39.7M
Cap. Flow
-$77.2M
Cap. Flow %
-11.54%
Top 10 Hldgs %
20.07%
Holding
361
New
109
Increased
44
Reduced
41
Closed
118

Top Buys

Rank Stock Value
1
PFSI icon
PennyMac Financial
PFSI
+$14.1M
2
PRPB.U
CC Neuberger Principal Holdings II
PRPB.U
+$9.95M
3
FGNA.U
FG New America Acquisition Corp. Units, each consisting of one share of Class A common stock and one
FGNA.U
+$8.34M
4
WPF
Foley Trasimene Acquisition Corp.
WPF
+$7.22M
5
CCIV.U
Churchill Capital Corp IV Units, each consisting of one share of Class A common stock and one-fifth
CCIV.U
+$7.06M

Top Sells

Rank Stock Value
1
GB
Global Blue Group Holding
GB
+$13.5M
2
CFFAU
CF Finance Acquisition Corp. Unit
CFFAU
+$10.5M
3
PAYA
Paya Holdings Inc. Class A Common Stock
PAYA
+$9.71M
4
FSR
Fisker Inc.
FSR
+$7.79M
5
OPEN icon
Opendoor
OPEN
+$6.16M

Sector Composition

Rank Sector Weight
1 Financials 9.57%
2 Technology 6%
3 Consumer Discretionary 4.46%
4 Consumer Staples 3.65%
5 Healthcare 3.57%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
EXR icon
151
CALL
Extra Space Storage
EXR
$32.3B
$802K 0.12%
+7,500
New +$775K
ADNWW
152
CALL
DELISTED
Advent Technologies Holdings Warrant
ADNWW
$799K 0.12%
1,174,964
-85,785
-7% -$43.2K
LEU icon
153
Centrus Energy
LEU
$3.14B
$796K 0.12%
+95,139
New +$1.12M
BHC icon
154
CALL
Bausch Health
BHC
$1.75B
$777K 0.12%
50,000
-217,700
-81% -$3.75M
CNP icon
155
CALL
CenterPoint Energy
CNP
$28.3B
$774K 0.12%
40,000
+30,000
+300% +$589K
DVN icon
156
Devon Energy
DVN
$51.3B
$766K 0.11%
+81,008
New +$853K
ZBH icon
157
Zimmer Biomet
ZBH
$18.8B
$749K 0.11%
+5,665
New +$740K
DS
158
DELISTED
Drive Shack Inc.
DS
$707K 0.11%
+631,691
New +$974K
MMSI icon
159
Merit Medical Systems
MMSI
$4.82B
$695K 0.1%
15,972
-1,128
-7% -$51K
SNAX
160
DELISTED
Stryve Foods, Inc. Class A Common Stock
SNAX
$683K 0.1%
4,444
– –
HYG icon
161
CALL
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$15.9B
$671K 0.1%
+8,000
New +$673K
NMRK icon
162
Newmark Group
NMRK
$2.64B
$669K 0.1%
154,851
-27,751
-15% -$120K
MNTA
163
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
$656K 0.1%
+12,500
New +$517K
FAII.U
164
DELISTED
Fortress Value Acquisition Corp. II Units, each consisting of one share of Class A common stock and
FAII.U
$650K 0.1%
+63,132
New +$648K
GOTU icon
165
PUT
Gaotu Techedu
GOTU
$405M
$649K 0.1%
7,200
-1,800
-20% -$160K
BWA icon
166
BorgWarner
BWA
$12.8B
$647K 0.1%
18,986
-11,593
-38% -$399K
GRSVU
167
DELISTED
Gores Holdings V, Inc. Unit
GRSVU
$621K 0.09%
+60,000
New +$612K
AIMT
168
DELISTED
Aimmune Therapeutics
AIMT
$618K 0.09%
+17,952
New +$382K
BROGW
169
CALL
DELISTED
Brooge Holdings Limited Warrant expiring 12/20/2024
BROGW
$617K 0.09%
1,234,189
-11,835
-0.9% -$6.9K
THBRU
170
DELISTED
Thunder Bridge Acquisition II, Ltd. Units
THBRU
$617K 0.09%
58,201
– –
THBRW
171
CALL
DELISTED
Thunder Bridge Acquisition II, Ltd. Warrants
THBRW
$592K 0.09%
438,200
+16,300
+4% +$22.9K
STWOU
172
DELISTED
ACON S2 Acquisition Corp Unit
STWOU
$591K 0.09%
+58,933
New +$591K
RTP.U
173
DELISTED
Reinvent Technology Partners Units, each consisting of one Class A ordinary share and one-fourth of
RTP.U
$574K 0.09%
+50,000
New +$574K
SEGG
174
Sports Entertainment Gaming Global Corp
SEGG
$12.8M
$565K 0.08%
259
+14
+6% +$30.4K
B
175
PUT
Barrick Mining
B
$60.9B
$562K 0.08%
+20,000
New +$570K
5 6
7
8 9

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 2020 Portfolio in Review

As of Q3 2020, K2 Principal Fund held 361 positions worth $669M, up 6.3% from $629M the previous quarter. Its ten largest holdings account for 20% of the portfolio.

K2 Principal Fund withdrew a net $77.2M in Q3 2020, closing 118 positions and reducing 41 holdings. Its most notable exit was Global Blue Group Holding, an estimated $13.5M position sold in full.

By sector, the portfolio is most concentrated in Financials at 9.6% of assets, up from 6.9% a quarter earlier, followed by Technology and Consumer Discretionary.

Against the trend, K2 Principal Fund opened a new position in CC Neuberger Principal Holdings II worth $10.1M.

  • K2 Principal Fund's largest Q3 2020 buy was CC Neuberger Principal Holdings II: 976,880 shares worth $10.1M.
  • K2 Principal Fund added most to PennyMac Financial in Q3 2020, an estimated $14.1M increase.
  • K2 Principal Fund's biggest Q3 2020 reduction was Tuscan Holdings Corp. II Common Stock, cutting an estimated $3.5M.
  • K2 Principal Fund fully exited Global Blue Group Holding in Q3 2020, selling an estimated $13.5M.
  • K2 Principal Fund's ten largest holdings make up 20% of its $669M portfolio in Q3 2020.
  • K2 Principal Fund opened 109 new positions and closed 118 in Q3 2020.
  • K2 Principal Fund's portfolio value rose 6.3% quarter-over-quarter to $669M.

Based on K2 Principal Fund's 13F filing for Q3 2020, filed 13 Nov 2020.