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Portfolio (Quarterly) Guide ↗

K2 PRINCIPAL FUND, L.P.

· CIK 0001461790
13F Portfolio $1.2B AUM Filed Feb 13, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 410 New
Page 4 of 21  ·  410 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 FRESHPET INC 5,000.0 $5.9M 0.47% NEW $1170.50
62 GOLAR LNG 6,000.0 $5.8M 0.47% NEW $967.26
63 XPOF XPONENTIAL FITNESS INC Consumer Cyclical 694,974.0 $5.7M 0.46% NEW $8.23 -45.7%
64 SUNRUN INC 4,000.0 $5.7M 0.46% NEW $1416.60
65 MARA HOLDINGS INC 6,000.0 $5.6M 0.45% NEW $934.30
66 PUT GAMESTOP CORP NEW 275,000.0 $5.5M 0.45% NEW $20.08
67 BLACKSKY TECHNOLOGY INC 5,000.0 $5.3M 0.43% NEW $1068.30
68 PLTR PUT PALANTIR TECHNOLOGIES INC Technology 30,000.0 $5.3M 0.43% NEW $177.75 -23.5%
69 DCH AMERICAN AXLE MFG HLDGS IN Industrials 829,192.0 $5.3M 0.43% NEW $6.41 -8.0%
70 CLEANSPARK INC 5,000.0 $5.2M 0.42% NEW $1036.50
71 SUNC SUNOCOCORP LLC Energy 105,090.0 $5.2M 0.42% NEW $49.28 +43.2%
72 STRATEGY INC 4,000.0 $5.1M 0.41% NEW $1267.80
73 ENPHASE ENERGY INC 5,100.0 $5.1M 0.41% NEW $991.40
74 IIP OP PRTNRSHP 5,082.0 $5.0M 0.41% NEW $990.36
75 GUESS INC 5,000.0 $5.0M 0.40% NEW $994.30
76 FSLR FIRST SOLAR INC Energy 18,750.0 $4.9M 0.40% NEW $261.23 -13.0%
77 BOX INC 5,000.0 $4.9M 0.39% NEW $975.40
78 MA-COM TECH 4,000.0 $4.9M 0.39% NEW $1215.83
79 VIRGIN GALACTIC 5,993.0 $4.8M 0.39% NEW $800.00
80 SUN PUT SUNOCO LP/SUNOCO FIN CORP Energy 90,000.0 $4.7M 0.38% NEW $52.41 +34.7%
Page 4 of 21  ·  410 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 29.3%
Basic Materials 11.6%
Technology 9.7%
Real Estate 9.2%
Consumer Cyclical 7.2%
Industrials 7.1%
Utilities 6.5%
Energy 6.5%
Consumer Defensive 5.9%
Communication Services 4.8%