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
+3.32%
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
$1.51B
AUM Growth
+$279M
Cap. Flow
+$223M
Cap. Flow %
14.8%
Top 10 Hldgs %
40.05%
Holding
511
New
204
Increased
73
Reduced
35
Closed
140

Top Buys

Rank Stock Value
1
SKIN icon
SkinHealth Systems
SKIN
+$43.2M
2
PFSI icon
PennyMac Financial
PFSI
+$21.6M
3
SJT
San Juan Basin Royalty Trust
SJT
+$12.6M
4
WFG icon
West Fraser Timber
WFG
+$11.3M
5
TRIS
Tristar Acquisition I Corp.
TRIS
+$11.2M

Top Sells

Rank Stock Value
1
PMT
PennyMac Mortgage Investment
PMT
+$23.6M
2
HHH icon
Howard Hughes
HHH
+$19.2M
3
PFTAU
Perception Capital Corp. III Unit
PFTAU
+$15.9M
4
SKINW
The Beauty Health Company Warrant expiring 5/4/2026
SKINW
+$11.4M
5
SOND
Sonder
SOND
+$10.1M

Sector Composition

Rank Sector Weight
1 Financials 16.28%
2 Consumer Staples 4.73%
3 Materials 1.97%
4 Communication Services 1.66%
5 Technology 1.6%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
KGC icon
151
CALL
Kinross Gold
KGC
$28.1B
$1.16M 0.08%
200,000
+150,000
+300% +$897K
CERN
152
DELISTED
Cerner Corp
CERN
$1.16M 0.08%
+12,500
New +$951K
SPLK
153
CALL
DELISTED
Splunk Inc
SPLK
$1.16M 0.08%
+10,000
New +$1.4M
MERC icon
154
Mercer International
MERC
$45.6M
$1.13M 0.08%
94,462
-705,538
-88% -$7.82M
RKT icon
155
CALL
Rocket Companies
RKT
$39.6B
$1.12M 0.07%
+80,000
New +$1.27M
VXX icon
156
CALL
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$159M
$1.07M 0.07%
+3,625
New +$1.29M
BIOSU
157
DELISTED
BioPlus Acquisition Corp. Unit
BIOSU
$1.07M 0.07%
+107,475
New +$1.08M
MX icon
158
CALL
Magnachip Semiconductor
MX
$118M
$1.05M 0.07%
50,000
+5,000
+11% +$92.4K
AKLI
159
DELISTED
Akili Inc
AKLI
$993K 0.07%
100,041
– –
DNAB
160
DELISTED
Social Capital Suvretta Holdings Corp. II Class A Ordinary Shares
DNAB
$992K 0.07%
100,300
– –
PROK icon
161
ProKidney
PROK
$316M
$990K 0.07%
100,000
-39,524
-28% -$391K
ROG icon
162
Rogers Corp
ROG
$2.13B
$983K 0.07%
+3,600
New +$876K
GSKY
163
DELISTED
GreenSky, Inc. Class A Common Stock
GSKY
$983K 0.07%
86,565
-178,056
-67% -$2.09M
DNAD
164
DELISTED
Social Capital Suvretta Holdings Corp. IV Class A Ordinary Shares
DNAD
$982K 0.07%
100,000
– –
KTTA icon
165
Pasithea Therapeutics
KTTA
$15M
$973K 0.06%
+27,500
New +$1.43M
GIIXW
166
DELISTED
Gores Holdings VIII, Inc. Warrant
GIIXW
$948K 0.06%
466,918
+423,572
+977% +$608K
SPWH icon
167
CALL
Sportsman's Warehouse
SPWH
$45.7M
$885K 0.06%
+75,000
New +$1.18M
GLAQW
168
DELISTED
Globis Acquisition Corp. Warrant
GLAQW
$865K 0.06%
1,373,531
+218,326
+19% +$171K
NUE icon
169
CALL
Nucor
NUE
$60.5B
$856K 0.06%
+7,500
New +$820K
ACBI
170
DELISTED
Atlantic Capital Bancshares, Inc. Common Stock
ACBI
$852K 0.06%
+29,619
New +$837K
ALAC
171
DELISTED
Alberton Acquisition Corp
ALAC
$841K 0.06%
71,956
-44,527
-38% -$515K
VXX icon
172
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$159M
$775K 0.05%
2,615
+31
+1% +$11K
ABEV icon
173
Ambev
ABEV
$48.4B
$764K 0.05%
272,877
-162,832
-37% -$467K
ADVM
174
DELISTED
Adverum Biotechnologies
ADVM
$741K 0.05%
42,094
-123,293
-75% -$2.47M
CLOER
175
DELISTED
Clover Leaf Capital Corp. Rights
CLOER
$739K 0.05%
1,718,999
+569,999
+50% +$248K
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 Q4 2021 Portfolio in Review

As of Q4 2021, K2 Principal Fund held 511 positions worth $1.51B, up 23% from $1.23B the previous quarter. Its ten largest holdings account for 40% of the portfolio.

K2 Principal Fund deployed $223M of net new capital in Q4 2021, opening 204 new positions and adding to 73 existing holdings. Its largest new stake was San Juan Basin Royalty Trust: 2,014,719 shares worth $12.3M.

By sector, the portfolio is most concentrated in Financials at 16% of assets, down from 18% a quarter earlier, followed by Consumer Staples and Materials.

On the sell side, the largest reduction was Mercer International, an estimated $7.82M trimmed.

  • K2 Principal Fund's largest Q4 2021 buy was San Juan Basin Royalty Trust: 2,014,719 shares worth $12.3M.
  • K2 Principal Fund added most to SkinHealth Systems in Q4 2021, an estimated $43.2M increase.
  • K2 Principal Fund's biggest Q4 2021 reduction was Mercer International, cutting an estimated $7.82M.
  • K2 Principal Fund fully exited PennyMac Mortgage Investment in Q4 2021, selling an estimated $23.6M.
  • K2 Principal Fund's ten largest holdings make up 40% of its $1.51B portfolio in Q4 2021.
  • K2 Principal Fund opened 204 new positions and closed 140 in Q4 2021.
  • K2 Principal Fund's portfolio value rose 23% quarter-over-quarter to $1.51B.

Based on K2 Principal Fund's 13F filing for Q4 2021, filed 11 Feb 2022.