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Portfolio (Quarterly) Guide ↗

K2 PRINCIPAL FUND, L.P.

· CIK 0001461790
13F Portfolio $1.4B AUM 487 positions Filed May 14, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 212 New 74 Added 83 Reduced 135 Exited
Page 4 of 4  ·  74 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 BLUE OWL CAPITAL CORPORATION 22,500.0 $249K 0.02% +12K +118.5% $11.06
62 BOLD EAGLE ACQUISITION CORP 909,477.0 $191K 0.01% +431K +90.1% $0.21
63 SPRING VY ACQUISITION CORP I 134,299.0 $140K 0.01% +68K +101.5% $1.04
64 NEWHOLD INVT CORP III 345,252.0 $128K 0.01% +226K +190.5% $0.37
65 PTON CALL PELOTON INTERACTIVE INC Consumer Cyclical 29,000.0 $124K 0.01% +18K +163.6% $4.29 +24.1%
66 BLUE ACQUISITION CORP. 362,268.0 $109K 0.01% +287K +383.0% $0.30
67 NEW PROVIDENCE ACQUISITION C 482,165.0 $92K 0.01% +457K +1852.1% $0.19
68 GORES HLDGS X INC 158,674.0 $89K 0.01% +58K +57.2% $0.56
69 CAL REDWOOD ACQUISITION CORP 401,693.0 $88K 0.01% +73K +22.4% $0.22
70 OPENDOOR TECHNOLOGIES INC 142,462.0 $85K 0.01% +31K +27.9% $0.60
71 SIZZLE ACQUISITION CORP. II 424,279.0 $64K 0.00% +200K +89.5% $0.15
72 EQV VENTURES AC CORP. II 211,072.0 $57K 0.00% +22K +11.4% $0.27
73 LAUNCH TWO ACQUISITION CORP. 272,891.0 $44K 0.00% +5K +1.8% $0.16
74 LIGHTWAVE ACQUISITION CORP 156,950.0 $38K 0.00% +50K +46.8% $0.24
Page 4 of 4  ·  74 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Financial Services 32.5%
Technology 10.0%
Consumer Cyclical 8.5%
Energy 8.3%
Industrials 8.2%
Communication Services 7.9%
Basic Materials 7.8%
Healthcare 6.1%
Utilities 6.1%
Real Estate 2.3%