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
-19.56%
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
$907M
AUM Growth
-$253M
Cap. Flow
-$73.7M
Cap. Flow %
-8.13%
Top 10 Hldgs %
29.23%
Holding
435
New
129
Increased
60
Reduced
46
Closed
81

Top Buys

Rank Stock Value
1
TSLA icon
Tesla
TSLA
+$63.2M
2
SIVB
SVB Financial Group
SIVB
+$18.9M
3
COIN icon
Coinbase
COIN
+$17.7M
4
RIVN icon
Rivian
RIVN
+$13.7M
5
W icon
Wayfair
W
+$13M

Top Sells

Rank Stock Value
1
PFSI icon
PennyMac Financial
PFSI
+$60.7M
2
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$26.4M
3
SJT
San Juan Basin Royalty Trust
SJT
+$10.5M
4
CDR
Cedar Realty Trust, Inc
CDR
+$10M
5
BMO icon
Bank of Montreal
BMO
+$8.98M

Sector Composition

Rank Sector Weight
1 Financials 13.3%
2 Consumer Discretionary 12.63%
3 Healthcare 5.21%
4 Consumer Staples 3.3%
5 Technology 3.25%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
DJT icon
176
CALL
Trump Media & Technology Group
DJT
$2.7B
$454K 0.05%
+18,800
New +$785K
RENT
177
CALL
Rent the Runway
RENT
$114M
$411K 0.05%
6,700
-5,800
-46% -$547K
SPKAR
178
DELISTED
SPK Acquisition Corp. Right
SPKAR
$404K 0.04%
1,213,977
– –
RENT
179
Rent the Runway
RENT
$114M
$394K 0.04%
6,416
-8,646
-57% -$816K
AMC icon
180
CALL
AMC Entertainment Holdings
AMC
$2.32B
$393K 0.04%
2,900
+800
+38% +$116K
SJT
181
PUT
San Juan Basin Royalty Trust
SJT
$117M
$384K 0.04%
+44,200
New +$480K
SPY icon
182
State Street SPDR S&P 500 ETF Trust
SPY
$784B
$377K 0.04%
1,000
-64,553
-98% -$26.4M
PD icon
183
CALL
PagerDuty
PD
$801M
$372K 0.04%
+15,000
New +$412K
STLD icon
184
Steel Dynamics
STLD
$37.4B
$331K 0.04%
+5,000
New +$401K
RCL icon
185
Royal Caribbean
RCL
$85.8B
$325K 0.04%
+9,299
New +$578K
HZON.WS
186
DELISTED
Horizon Acquisition Corporation II Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50
HZON.WS
$311K 0.03%
2,006,589
+266,568
+15% +$93.6K
BBBY
187
PUT
Bed Bath & Beyond
BBBY
$501M
$305K 0.03%
+13,420
New +$403K
CCL icon
188
CALL
Carnival Corporation Ltd
CCL
$38.6B
$303K 0.03%
35,000
-185,000
-84% -$2.72M
BBUC
189
Brookfield Business Corp Class A Subordinate Voting Shares
BBUC
$6.61B
$302K 0.03%
13,138
– –
SHO icon
190
Sunstone Hotel Investors
SHO
$2.19B
$296K 0.03%
29,868
+13,568
+83% +$155K
ENVX icon
191
Enovix
ENVX
$868M
$290K 0.03%
37,143
-2,857
-7% -$26.9K
HHH icon
192
CALL
Howard Hughes
HHH
$3.92B
$272K 0.03%
+4,196
New +$344K
DUOL icon
193
CALL
Duolingo
DUOL
$6.58B
$263K 0.03%
+3,000
New +$265K
MCAFR
194
DELISTED
Mountain Crest Acquisition Corp. IV Rights
MCAFR
$255K 0.03%
1,502,229
– –
PRPB.WS
195
DELISTED
CC Neuberger Principal Holdings II Redeemable warrants, each whole warrant exercisable for one Class
PRPB.WS
$247K 0.03%
536,632
-114,388
-18% -$81.2K
CLDT
196
CALL
Chatham Lodging
CLDT
$631M
$240K 0.03%
+23,000
New +$289K
AMC icon
197
AMC Entertainment Holdings
AMC
$2.32B
$227K 0.03%
+1,672
New +$243K
ARES icon
198
CALL
Ares Management
ARES
$29B
$227K 0.03%
+4,000
New +$277K
ENVX icon
199
PUT
Enovix
ENVX
$868M
$223K 0.02%
28,571
– –
WHR icon
200
Whirlpool
WHR
$2.52B
$221K 0.02%
+1,424
New +$248K
6 7
8
9 10

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 Q2 2022 Portfolio in Review

As of Q2 2022, K2 Principal Fund held 435 positions worth $907M, down 22% from $1.16B the previous quarter. Its ten largest holdings account for 29% of the portfolio.

K2 Principal Fund withdrew a net $73.7M in Q2 2022, closing 81 positions and reducing 46 holdings. Its most notable exit was Cedar Realty Trust, Inc, an estimated $10M position sold in full.

By sector, the portfolio is most concentrated in Financials at 13% of assets, down from 17% a quarter earlier, followed by Consumer Discretionary and Healthcare.

Against the trend, K2 Principal Fund opened a new position in Tesla worth $52M.

  • K2 Principal Fund's largest Q2 2022 buy was Tesla: 231,699 shares worth $52M.
  • K2 Principal Fund added most to Coinbase in Q2 2022, an estimated $17.7M increase.
  • K2 Principal Fund's biggest Q2 2022 reduction was PennyMac Financial, cutting an estimated $60.7M.
  • K2 Principal Fund fully exited Cedar Realty Trust, Inc in Q2 2022, selling an estimated $10M.
  • K2 Principal Fund's ten largest holdings make up 29% of its $907M portfolio in Q2 2022.
  • K2 Principal Fund opened 129 new positions and closed 81 in Q2 2022.
  • K2 Principal Fund's portfolio value fell 22% quarter-over-quarter to $907M.

Based on K2 Principal Fund's 13F filing for Q2 2022, filed 12 Aug 2022.