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
-4.91%
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
$528M
AUM Growth
-$628M
Cap. Flow
-$547M
Cap. Flow %
-103.77%
Top 10 Hldgs %
24.98%
Holding
437
New
135
Increased
31
Reduced
39
Closed
204

Top Buys

Rank Stock Value
1
MVST icon
Microvast
MVST
+$9.63M
2
PAYA
Paya Holdings Inc. Class A Common Stock
PAYA
+$8.5M
3
UTZ icon
Utz Brands
UTZ
+$8.14M
4
THCA
Tuscan Holdings Corp. II Common Stock
THCA
+$7.27M
5
SKIL icon
Skillsoft
SKIL
+$6.92M

Top Sells

Rank Stock Value
1
MSFT icon
Microsoft
MSFT
+$18.6M
2
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$15.9M
3
V icon
Visa
V
+$12M
4
VVNT
Vivint Smart Home, Inc. Class A Common Stock
VVNT
+$11.7M
5
MCD icon
McDonald's
MCD
+$11.2M

Sector Composition

Rank Sector Weight
1 Financials 4.8%
2 Consumer Discretionary 4.59%
3 Consumer Staples 4.3%
4 Healthcare 3.9%
5 Industrials 3.86%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
DIA icon
1
CALL
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$45.6B
$21.9M 4.16%
+100,000
New +$26.6M
GLD icon
2
PUT
SPDR Gold Trust
GLD
$130B
$18.5M 3.51%
125,000
-89,000
-42% -$13.3M
QCOM icon
3
CALL
Qualcomm
QCOM
$180B
$14.2M 2.69%
210,000
+110,000
+110% +$9.02M
LQD icon
4
PUT
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$34.7B
$11.6M 2.2%
94,100
-216,700
-70% -$27.6M
HYG icon
5
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$16.3B
$11.6M 2.19%
150,000
– –
MVST icon
6
Microvast
MVST
$287M
$11.5M 2.17%
1,149,608
+967,478
+531% +$9.63M
THCA
7
DELISTED
Tuscan Holdings Corp. II Common Stock
THCA
$11M 2.08%
1,124,411
+736,296
+190% +$7.27M
DIA icon
8
PUT
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$45.6B
$11M 2.08%
+50,000
New +$13.3M
TJX icon
9
CALL
TJX Companies
TJX
$170B
$10.6M 2.01%
221,500
+204,200
+1,180% +$11.8M
PAYA
10
DELISTED
Paya Holdings Inc. Class A Common Stock
PAYA
$10M 1.9%
999,209
+837,170
+517% +$8.5M
WY icon
11
CALL
Weyerhaeuser
WY
$17B
$10M 1.9%
590,000
+190,000
+48% +$5M
CFFAU
12
DELISTED
CF Finance Acquisition Corp. Unit
CFFAU
$9.53M 1.81%
895,233
– –
JNK icon
13
PUT
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.24B
$9.43M 1.79%
+99,500
New +$10.4M
SMH icon
14
PUT
VanEck Semiconductor ETF
SMH
$69.8B
$9.37M 1.78%
160,000
-438,800
-73% -$29.6M
SKIL icon
15
Skillsoft
SKIL
$55.8M
$8.39M 1.59%
42,139
+33,024
+362% +$6.92M
UTZ icon
16
Utz Brands
UTZ
$1.25B
$8.28M 1.57%
809,783
+770,984
+1,987% +$8.14M
AGN
17
DELISTED
Allergan plc
AGN
$8.21M 1.56%
46,377
+13,877
+43% +$2.61M
CCH.U
18
DELISTED
Collier Creek Holdings Units, each consisting of one Class A ordinary share, $0.0001 par value, and
CCH.U
$8.17M 1.55%
770,429
+92,241
+14% +$1.03M
APXTU
19
DELISTED
Apex Technology Acquisition Corporation Unit
APXTU
$7.77M 1.47%
777,410
+2,400
+0.3% +$25.3K
BG icon
20
CALL
Bunge Global
BG
$23.7B
$7.38M 1.4%
180,000
+44,500
+33% +$2.18M
FSR
21
DELISTED
Fisker Inc.
FSR
$5.95M 1.13%
587,611
+532,611
+968% +$5.41M
AGG icon
22
CALL
iShares Core US Aggregate Bond ETF
AGG
$137B
$5.77M 1.09%
+50,000
New +$5.7M
SRACU
23
DELISTED
Stable Road Acquisition Corp. Unit
SRACU
$5.64M 1.07%
561,120
+9,880
+2% +$101K
CCXX.U
24
DELISTED
Churchill Capital Corp III Units, each consisting of one share of Class A Common Stock and one-fourt
CCXX.U
$5.56M 1.05%
+556,412
New +$5.67M
INSUU
25
DELISTED
Insurance Acquisition Corp. Unit
INSUU
$5.21M 0.99%
501,900
-198,100
-28% -$2.12M
1
2 3 4 5

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 2020 Portfolio in Review

As of Q1 2020, K2 Principal Fund held 437 positions worth $528M, down 54% from $1.16B the previous quarter. Its ten largest holdings account for 25% of the portfolio.

K2 Principal Fund withdrew a net $547M in Q1 2020, closing 204 positions and reducing 39 holdings. Its most notable exit was Microsoft, an estimated $18.6M position sold in full.

By sector, the portfolio is most concentrated in Financials at 4.8% of assets, up from 2.8% a quarter earlier, followed by Consumer Discretionary and Consumer Staples.

Against the trend, K2 Principal Fund opened a new position in Norbord Inc. worth $4.42M.

  • K2 Principal Fund's largest Q1 2020 buy was Norbord Inc.: 265,500 shares worth $4.42M.
  • K2 Principal Fund added most to Microvast in Q1 2020, an estimated $9.63M increase.
  • K2 Principal Fund's biggest Q1 2020 reduction was Visa, cutting an estimated $12M.
  • K2 Principal Fund fully exited Microsoft in Q1 2020, selling an estimated $18.6M.
  • K2 Principal Fund's ten largest holdings make up 25% of its $528M portfolio in Q1 2020.
  • K2 Principal Fund opened 135 new positions and closed 204 in Q1 2020.
  • K2 Principal Fund's portfolio value fell 54% quarter-over-quarter to $528M.

Based on K2 Principal Fund's 13F filing for Q1 2020, filed 15 May 2020.