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
-0.54%
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
$727M
AUM Growth
+$68.5M
Cap. Flow
-$74.1M
Cap. Flow %
-10.2%
Top 10 Hldgs %
28.59%
Holding
373
New
123
Increased
37
Reduced
62
Closed
108

Top Buys

Rank Stock Value
1
PMT
PennyMac Mortgage Investment
PMT
+$11.3M
2
ACI icon
Albertsons Companies
ACI
+$5.8M
3
FHN icon
First Horizon
FHN
+$4.56M
4
ILLM
illumin Holdings Inc. Common Shares
ILLM
+$3.79M
5
NATI
National Instruments Corp
NATI
+$3.53M

Top Sells

Rank Stock Value
1
BNS icon
Scotiabank
BNS
+$20.4M
2
SJT
San Juan Basin Royalty Trust
SJT
+$12.9M
3
MNST icon
Monster Beverage
MNST
+$11M
4
COOP
Mr. Cooper
COOP
+$11M
5
UHAL.B icon
U-Haul Holding Co Series N
UHAL.B
+$10M

Sector Composition

Rank Sector Weight
1 Financials 5.98%
2 Real Estate 4.77%
3 Healthcare 4.13%
4 Technology 3.4%
5 Energy 2.08%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
PHYT.WS
201
DELISTED
Pyrophyte Acquisition Corp. Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share
PHYT.WS
$10.9K ﹤0.01%
120,950
+101,050
+508% +$8.19K
MTRYW
202
DELISTED
Monterey Innovation Acquisition Corp. Warrant
MTRYW
$10.8K ﹤0.01%
400,000
– –
MCACW
203
DELISTED
Monterey Capital Acquisition Corporation Warrants
MCACW
$10.6K ﹤0.01%
162,317
-2,325
-1% -$176
JAQCW
204
DELISTED
Jupiter Acquisition Corporation Warrants
JAQCW
$10.1K ﹤0.01%
113,274
-200
-0.2% -$16
MOBXW icon
205
Mobix Labs Warrants
MOBXW
$706K
$9.01K ﹤0.01%
360,426
-8,074
-2% -$734
ROCLW
206
DELISTED
Roth CH Acquisition V Co. Warrant
ROCLW
$8.93K ﹤0.01%
198,014
-138,805
-41% -$7.98K
ONMDW icon
207
OneMedNet Corp Warrant
ONMDW
$770K
$8.75K ﹤0.01%
335,408
– –
VHAQ.WS
208
DELISTED
Viveon Health Acquisition Corp. Warrants to purchase one-half of a share of common stock at a price of $11.50 per whole share
VHAQ.WS
$8.65K ﹤0.01%
576,980
-516,558
-47% -$15.1K
ESLAW icon
209
Estrella Immunopharma Warrant
ESLAW
$133K
$8.6K ﹤0.01%
118,936
-15,219
-11% -$994
AILEW
210
DELISTED
iLearningEngines, Inc. Warrant
AILEW
$8.29K ﹤0.01%
+69,000
New +$5.16K
MSAIW icon
211
MultiSensor AI Holdings Warrant
MSAIW
$854K
$8.27K ﹤0.01%
271,100
-100,900
-27% -$5.17K
NOVVW
212
DELISTED
Nova Vision Acquisition Corp. Warrant
NOVVW
$7.8K ﹤0.01%
202,000
-59,037
-23% -$1.75K
BNIXW
213
DELISTED
Bannix Acquisition Corp. Warrant
BNIXW
$7.65K ﹤0.01%
300,000
– –
SCAQW
214
DELISTED
Stratim Cloud Acquisition Corp. Warrant
SCAQW
$7.61K ﹤0.01%
+38,090
New +$2.87K
CFIVW
215
DELISTED
CF Acquisition Corp. IV Warrant
CFIVW
$7.13K ﹤0.01%
74,311
– –
GVCIW
216
DELISTED
Green Visor Financial Technology Acquisition Corp. I Warrants
GVCIW
$6.92K ﹤0.01%
98,796
-120,000
-55% -$7.32K
VEEAW
217
Veea Inc Warrant
VEEAW
$6.7K ﹤0.01%
+35,271
New +$3.21K
RMCOW icon
218
Royalty Management Holding Warrant
RMCOW
$1.46M
$6.68K ﹤0.01%
222,660
– –
HMA.WS
219
DELISTED
Heartland Media Acquisition Corp. Warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per share
HMA.WS
$6.58K ﹤0.01%
77,398
-39,700
-34% -$2.81K
NFYS.WS
220
DELISTED
Enphys Acquisition Corp. Redeemable Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50
NFYS.WS
$6.43K ﹤0.01%
+53,600
New +$6.16K
ROSEW
221
DELISTED
Rose Hill Acquisition Corporation Warrant
ROSEW
$6.38K ﹤0.01%
100,000
– –
TGR.WS
222
DELISTED
Kimbell Tiger Acquisition Corporation Warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per share
TGR.WS
$5K ﹤0.01%
+50,000
New +$5.75K
PNACW
223
DELISTED
Prime Number Acquisition I Corp. Warrant
PNACW
$4.83K ﹤0.01%
+113,521
New +$6.38K
SMXWW
224
SMX (Security Matters) Public Ltd Warrant
SMXWW
$756K
$4.64K ﹤0.01%
+92,801
New +$7.57K
BRLSW icon
225
Borealis Foods Inc Warrant
BRLSW
$590K
$4.4K ﹤0.01%
+100,000
New +$8.01K
7 8
9
10 11

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 Q1 2023 Portfolio in Review

As of Q1 2023, K2 Principal Fund held 373 positions worth $727M, up 10% from $658M the previous quarter. Its ten largest holdings account for 29% of the portfolio.

K2 Principal Fund withdrew a net $74.1M in Q1 2023, closing 108 positions and reducing 62 holdings. Its most notable exit was Scotiabank, an estimated $20.4M position sold in full.

By sector, the portfolio is most concentrated in Financials at 6% of assets, down from 10% a quarter earlier, followed by Real Estate and Healthcare.

Against the trend, K2 Principal Fund opened a new position in PennyMac Mortgage Investment worth $10.4M.

  • K2 Principal Fund's largest Q1 2023 buy was PennyMac Mortgage Investment: 839,533 shares worth $10.4M.
  • K2 Principal Fund added most to First Horizon in Q1 2023, an estimated $4.56M increase.
  • K2 Principal Fund's biggest Q1 2023 reduction was San Juan Basin Royalty Trust, cutting an estimated $12.9M.
  • K2 Principal Fund fully exited Scotiabank in Q1 2023, selling an estimated $20.4M.
  • K2 Principal Fund's ten largest holdings make up 29% of its $727M portfolio in Q1 2023.
  • K2 Principal Fund opened 123 new positions and closed 108 in Q1 2023.
  • K2 Principal Fund's portfolio value rose 10% quarter-over-quarter to $727M.

Based on K2 Principal Fund's 13F filing for Q1 2023, filed 11 May 2023.