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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 14 of 21  ·  410 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
261 CRNC CALL CERENCE INC Technology 50,000.0 $534K 0.04% NEW $10.69 -9.8%
262 PLYMOUTH INDL REIT INC 24,204.0 $530K 0.04% NEW $21.88
263 CLNE CLEAN ENERGY FUELS CORP Energy 250,000.0 $525K 0.04% NEW $2.10 -2.3%
264 FCX CALL FREEPORT-MCMORAN INC Basic Materials 10,000.0 $508K 0.04% NEW $50.79 +20.3%
265 ITHAX ACQUISITION CORP III 50,000.0 $499K 0.04% NEW $9.98
266 CALL LIONSGATE STUDIOS CORP 50,000.0 $456K 0.04% NEW $9.13
267 GDX CALL VANECK ETF TRUST 5,000.0 $429K 0.04% NEW $85.77 +1.6%
268 CAMT CAMTEK LTD Technology 4,000.0 $425K 0.03% NEW $106.35 +46.9%
269 VPG VISHAY PRECISION GROUP INC Technology 10,900.0 $420K 0.03% NEW $38.50 +165.0%
270 AEIS PUT ADVANCED ENERGY INDS Industrials 2,000.0 $419K 0.03% NEW $209.37 +47.7%
271 ROK ROCKWELL AUTOMATION INC Industrials 1,039.0 $404K 0.03% NEW $389.07 +12.2%
272 PFSI PENNYMAC FINL SVCS INC NEW Financial Services 3,002.0 $396K 0.03% NEW $131.84 -34.6%
273 ADX ADAMS DIVERSIFIED EQUITY FD Financial Services 16,851.0 $393K 0.03% NEW $23.32 +6.3%
274 ACRE ARES COML REAL ESTATE CORP Real Estate 77,377.0 $370K 0.03% NEW $4.78 -3.2%
275 KLIC KULICKE SOFFA INDS INC Technology 8,000.0 $364K 0.03% NEW $45.56 +119.9%
276 WILLOW LANE ACQUISITION CORP 81,153.0 $364K 0.03% NEW $4.48
277 AMKR AMKOR TECHNOLOGY INC Technology 9,000.0 $355K 0.03% NEW $39.48 +67.8%
278 TSSI TSS INC DEL Technology 50,000.0 $354K 0.03% NEW $7.07 +51.8%
279 VBNK VERSABANK NEW Financial Services 23,158.0 $347K 0.03% NEW $14.98 +17.0%
280 NEXTNAV INC 48,080.0 $344K 0.03% NEW $7.15
Page 14 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%