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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 11  ·  212 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 ADP PUT AUTOMATIC DATA PROCESSING IN Industrials 10,000.0 $2.0M 0.14% NEW $203.18 +9.0%
62 INFLECTION PT ACQUISIT CORP 200,000.0 $2.0M 0.14% NEW $10.12
63 BAIN CAP GSS INVT CORP 200,000.0 $2.0M 0.14% NEW $10.11
64 CLEAR CHANNEL OUTDOOR HO 2,000.0 $2.0M 0.14% NEW $1006.31
65 PTON PELOTON INTERACTIVE INC Consumer Cyclical 468,237.0 $2.0M 0.14% NEW $4.29 +24.6%
66 HCM IV ACQUISITION CORP 200,000.0 $2.0M 0.14% NEW $10.03
67 SUMA ACQUISITION CORP 200,000.0 $2.0M 0.14% NEW $10.02
68 PAR TECHNOLOGY CORP 2,583.0 $2.0M 0.14% NEW $773.80
69 BLUE WTR ACQUISITION CORP IV 200,000.0 $2.0M 0.14% NEW $9.92
70 ASML ASML HLDG NV Technology 1,500.0 $2.0M 0.14% NEW $1320.83 +11.4%
71 QDRO ACQUISITION CORP 199,698.0 $2.0M 0.14% NEW $9.91
72 SVAQ SILICON VY ACQUISITION CORP Financial Services 200,000.0 $2.0M 0.14% NEW $9.89 +0.6%
73 QURE UNIQURE NV Healthcare 118,600.0 $1.9M 0.14% NEW $16.35 +58.1%
74 BBY PUT BEST BUY INC Consumer Cyclical 30,000.0 $1.9M 0.13% NEW $64.20 -10.3%
75 APTIV PLC 27,656.0 $1.9M 0.13% NEW $69.44
76 PAPA JOHN'S INTERNATIONA 2,000.0 $1.9M 0.13% NEW $954.77
77 IWM ISHARES TR 7,635.0 $1.9M 0.13% NEW $248.00 +11.2%
78 FRPT CALL FRESHPET INC Consumer Defensive 30,500.0 $1.8M 0.13% NEW $58.96 -18.2%
79 ESI ELEMENT SOLUTIONS INC Basic Materials 48,600.0 $1.7M 0.12% NEW $34.14 +18.1%
80 NVT NVENT ELEC PLC Industrials 13,980.0 $1.7M 0.12% NEW $118.28 +36.9%
Page 4 of 11  ·  212 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%