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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 6 of 11  ·  212 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
101 GGG PUT GRACO INC Industrials 15,000.0 $1.3M 0.09% NEW $84.65 -9.6%
102 GDEN GOLDEN ENTMT INC Consumer Cyclical 46,937.0 $1.3M 0.09% NEW $26.69 +7.0%
103 FLEX FLEXTRONICS INTL LTD Technology 18,484.0 $1.2M 0.08% NEW $65.46 +119.4%
104 CNR CORE NATURAL RESOURCES INC Energy 11,375.0 $1.2M 0.08% NEW $104.73 -19.7%
105 INFQ PUT INFLEQTION INC Technology 120,000.0 $1.2M 0.08% NEW $9.81 +42.4%
106 PUMP CALL PROPETRO HLDG CORP Energy 80,000.0 $1.2M 0.08% NEW $14.41 +17.8%
107 STGW CALL STAGWELL INC Communication Services 179,900.0 $1.1M 0.08% NEW $6.29 -2.7%
108 QRVO QORVO INC Technology 14,480.0 $1.1M 0.08% NEW $77.40 +16.9%
109 EQH PUT EQUITABLE HLDGS INC Financial Services 30,000.0 $1.1M 0.08% NEW $37.11 +14.6%
110 EA ELECTRONIC ARTS INC Communication Services 5,000.0 $1.0M 0.07% NEW $203.87 -1.5%
111 HVMC HIGHVIEW MERGER CORP Financial Services 100,000.0 $1.0M 0.07% NEW $10.05 +0.6%
112 KENSINGTON CAP ACQUIST CORP 100,000.0 $1.0M 0.07% NEW $10.04
113 KRAKACQUISITION CORPORATION 100,000.0 $1.0M 0.07% NEW $10.01
114 LEGATO MERGER CORP IV 100,000.0 $998K 0.07% NEW $9.98
115 SAC SAFEGUARD ACQUISITION CORP Financial Services 100,000.0 $996K 0.07% NEW $9.96 +1.9%
116 CAMBRIDGE ACQUISITION CORP 100,000.0 $996K 0.07% NEW $9.96
117 TRG LATIN AMER ACQUIS CORP 100,000.0 $995K 0.07% NEW $9.95
118 CRAN CRANE HBR ACQUISITION CORP I Financial Services 100,000.0 $991K 0.07% NEW $9.91 +1.2%
119 DSAC DAEDALUS SPL ACQUISITION COR Financial Services 100,000.0 $991K 0.07% NEW $9.91 +0.5%
120 ADAC AMERICAN DRIVE ACQUISITION C Financial Services 100,000.0 $990K 0.07% NEW $9.90 +0.3%
Page 6 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%