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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 11 of 25  ·  487 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
201 ESI ELEMENT SOLUTIONS INC Basic Materials 48,600.0 $1.7M 0.12% NEW $34.14 +27.6%
202 NVT NVENT ELEC PLC Industrials 13,980.0 $1.7M 0.12% NEW $118.28 +47.1%
203 TXRH PUT TEXAS ROADHOUSE INC Consumer Cyclical 10,000.0 $1.7M 0.12% NEW $165.14 +7.2%
204 VMET VERSAMET ROYALTIES CORP Financial Services 124,800.0 $1.6M 0.12% NEW $13.20 -7.0%
205 GENI GENIUS SPORTS LIMITED Communication Services 371,351.0 $1.6M 0.12% +168K +82.3% $4.43 -6.1%
206 PROCAP FINANCIAL INC 2,000.0 $1.6M 0.11% -3K -60.0% $819.90
207 MATX PUT MATSON INC Industrials 10,000.0 $1.6M 0.11% NEW $163.94 +11.2%
208 CAVA PUT CAVA GROUP INC Consumer Cyclical 20,000.0 $1.6M 0.11% NEW $80.90 -5.0%
209 XLI PUT SELECT SECTOR SPDR TR 10,000.0 $1.6M 0.11% NEW $161.73 +6.0%
210 VALE CALL VALE S A Basic Materials 100,000.0 $1.6M 0.11% NEW $15.91 +4.2%
211 AMTM AMENTUM HOLDINGS INC Industrials 60,000.0 $1.6M 0.11% NEW $26.08 -11.9%
212 X3 ACQUISITION CORP LTD 155,633.0 $1.5M 0.11% NEW $9.84
213 LULU LULULEMON ATHLETICA INC Consumer Cyclical 10,000.0 $1.5M 0.11% +8K +566.7% $153.10 -20.9%
214 VOX ROYALTY CORP 286,826.0 $1.5M 0.10% -31K -9.7% $5.24
215 SKYT SKYWATER TECHNOLOGY INC Technology 54,653.0 $1.5M 0.10% NEW $27.41 +30.7%
216 ALUB ALUSSA ENERGY ACQUISIT CORP Financial Services 150,000.0 $1.5M 0.10% NEW $9.98 +0.3%
217 CORZ CALL CORE SCIENTIFIC INC NEW Technology 100,000.0 $1.5M 0.10% NEW $14.96 +66.6%
218 MOZAYYX ACQUISITION CORP 150,000.0 $1.5M 0.10% NEW $9.94
219 IDEA ACQUISITION CORP 150,000.0 $1.5M 0.10% NEW $9.91
220 CMCO COLUMBUS MCKINNON CORP N Y Industrials 101,000.0 $1.5M 0.10% +61K +151.1% $14.53 -1.7%
Page 11 of 25  ·  487 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%