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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 4 of 5  ·  83 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 FACT II ACQUISITION CORP 183,386.0 $73K 0.01% -105K -36.4% $0.40
62 GEN DIGITAL INC 155,535.0 $73K 0.01% -126K -44.8% $0.47
63 BERTO ACQUISITION CORP 279,501.0 $70K 0.01% -57K -17.0% $0.25
64 ALDEL FINL II INC 208,269.0 $54K 0.00% -80K -27.8% $0.26
65 KODIAK AI INC. 41,764.0 $45K 0.00% -132K -76.0% $1.08
66 D. BORAL ARC ACQ I CORP. 73,465.0 $43K 0.00% -184K -71.5% $0.59
67 ALLIANCE ENTERTAINMENT HOLDI 69,325.0 $42K 0.00% -41K -37.1% $0.60
68 WILLOW LANE ACQUISITION CORP 11,420.0 $33K 0.00% -70K -85.9% $2.90
69 TITAN ACQUISITION CORP 121,750.0 $32K 0.00% -15K -10.9% $0.26
70 MOUNTAIN LAKE ACQUISITION CO 113,489.0 $30K 0.00% -34K -23.1% $0.26
71 SPARK I ACQUISITION CORP 160,220.0 $29K 0.00% -100K -38.4% $0.18
72 LIONHEART HOLDINGS 220,986.0 $27K 0.00% -138K -38.4% $0.12
73 CENTURION ACQUISITION CORP 209,348.0 $25K 0.00% -36K -14.6% $0.12
74 TRANSLATIONAL DEV ACQUISITIO 196,459.0 $24K 0.00% -49K -20.0% $0.12
75 MELAR ACQUISITION CORP. I 195,777.0 $23K 0.00% -40K -17.1% $0.12
76 GRAF GLOBAL CORP 156,229.0 $20K 0.00% -6K -4.0% $0.13
77 CHARLTON ARIA ACQUISITION CO 91,752.0 $13K 0.00% -100K -52.1% $0.14
78 CO2 ENERGY TRANSITION CORP 155,312.0 $12K 0.00% -221K -58.7% $0.08
79 CO2 ENERGY TRANSITION CORP 70,220.0 $12K 0.00% -61K -46.5% $0.17
80 GIGCAPITAL7 CORP 33,941.0 $11K 0.00% -52K -60.6% $0.32
Page 4 of 5  ·  83 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%