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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 2 of 11  ·  212 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 PEBBLEBROOK HOTEL TRUST 6,000.0 $6.2M 0.43% NEW $1025.07
22 GUIDEWIRE SOFTWARE INC 6,000.0 $6.0M 0.42% NEW $998.60
23 PELOTON INTERACTIVE INC 4,000.0 $5.4M 0.38% NEW $1341.40
24 UBER PUT UBER TECHNOLOGIES INC Technology 72,000.0 $5.2M 0.36% NEW $71.93 +3.8%
25 SEI CALL SOLARIS ENERGY INFRAS INC Energy 90,000.0 $5.1M 0.35% NEW $56.51 +38.5%
26 ARKK CALL ARK ETF TR 70,000.0 $4.7M 0.33% NEW $67.59 +10.8%
27 ARKK PUT ARK ETF TR 68,000.0 $4.6M 0.32% NEW $67.59 +10.8%
28 WILLOW LANE ACQUISITION CRP 450,000.0 $4.5M 0.32% NEW $10.10
29 PLUG POWER INC 3,875.0 $4.3M 0.30% NEW $1112.75
30 BLOOM ENERGY CORP 4,000.0 $4.3M 0.30% NEW $1064.93
31 WILLOW LANE ACQUISITION CORP 397,897.0 $4.2M 0.30% NEW $10.65
32 BMO PUT BANK MONTREAL MEDIUM Financial Services 20,000.0 $3.8M 0.26% NEW $188.42 -19.1%
33 COLOMBIER ACQUISITION CORP I 372,211.0 $3.7M 0.26% NEW $10.06
34 KENNEDY-WILSON INC 3,515.0 $3.5M 0.25% NEW $1004.26
35 INTUITIVE MACHINES INC 2,000.0 $3.5M 0.25% NEW $1761.08
36 ENERGY FUELS INC 3,000.0 $3.5M 0.24% NEW $1169.25
37 COLUMBUS CIRCLE CAP CORP II 337,415.0 $3.3M 0.23% NEW $9.83
38 PROCAP FINL INC 1,552,900.0 $3.3M 0.23% NEW $2.11
39 UBER CALL UBER TECHNOLOGIES INC Technology 45,500.0 $3.3M 0.23% NEW $71.93 +3.8%
40 OR OR ROYALTIES INC. Basic Materials 80,000.0 $3.0M 0.21% NEW $38.02 +0.9%
Page 2 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%