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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 20 of 25  ·  487 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
381 GORES HLDGS X INC 158,674.0 $89K 0.01% +58K +57.2% $0.56
382 CAL REDWOOD ACQUISITION CORP 401,693.0 $88K 0.01% +73K +22.4% $0.22
383 HENNESSY CAP INVT CORP VII 309,177.0 $87K 0.01% -85K -21.6% $0.28
384 OPENDOOR TECHNOLOGIES INC 142,462.0 $85K 0.01% +31K +27.9% $0.60
385 EUREKA ACQUISITION CORP 326,474.0 $82K 0.01% $0.25
386 SIM ACQUISITION CORP. I 301,172.0 $81K 0.01% -94K -23.8% $0.27
387 PERIMETER ACQUISITION CORP I 116,818.0 $81K 0.01% $0.69
388 X3 ACQUISITION CORP LTD 332,649.0 $80K 0.01% NEW $0.24
389 EVC ENTRAVISION COMMUNICATIONS C Communication Services 24,919.0 $74K 0.01% NEW $2.97 +163.6%
390 FACT II ACQUISITION CORP 183,386.0 $73K 0.01% -105K -36.4% $0.40
391 GEN DIGITAL INC 155,535.0 $73K 0.01% -126K -44.8% $0.47
392 BERTO ACQUISITION CORP 279,501.0 $70K 0.01% -57K -17.0% $0.25
393 RITHM ACQUISITION CORP 116,000.0 $65K 0.01% $0.56
394 AIRJOULE TECHNOLOGIES CORP 115,912.0 $65K 0.01% $0.56
395 SIZZLE ACQUISITION CORP. II 424,279.0 $64K 0.00% +200K +89.5% $0.15
396 ALGOMA STL GROUP INC 690,879.0 $62K 0.00% $0.09
397 DIGITAL ASSET ACQUISITION CO 159,845.0 $61K 0.00% $0.38
398 TALON CAP CORP 116,666.0 $58K 0.00% $0.50
399 HIGHLAND OPPS INCOME FD 10,033.0 $57K 0.00% $5.71
400 EQV VENTURES AC CORP. II 211,072.0 $57K 0.00% +22K +11.4% $0.27
Page 20 of 25  ·  487 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%