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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 22 of 25  ·  487 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
421 FRMM FORUM MARKETS INC Technology 11,644.0 $34K 0.00% $2.89 +28.0%
422 WILLOW LANE ACQUISITION CORP 11,420.0 $33K 0.00% -70K -85.9% $2.90
423 TITAN ACQUISITION CORP 121,750.0 $32K 0.00% -15K -10.9% $0.26
424 ARTIUS II ACQUISITION INC 112,006.0 $30K 0.00% $0.27
425 NRO NEUBERGER R/EST SECS INC FD Financial Services 10,400.0 $30K 0.00% $2.84 +3.9%
426 MOUNTAIN LAKE ACQUISITION CO 113,489.0 $30K 0.00% -34K -23.1% $0.26
427 SILICON VY ACQUISITION CORP 103,300.0 $29K 0.00% NEW $0.28
428 SPARK I ACQUISITION CORP 160,220.0 $29K 0.00% -100K -38.4% $0.18
429 DYNAMIX CORP III 96,249.0 $28K 0.00% $0.29
430 RENATUS TACTICAL ACQUIS 59,413.0 $27K 0.00% $0.46
431 LIONHEART HOLDINGS 220,986.0 $27K 0.00% -138K -38.4% $0.12
432 EVOLUTION GLOBAL ACQUISITION 75,000.0 $26K 0.00% $0.34
433 CENTURION ACQUISITION CORP 209,348.0 $25K 0.00% -36K -14.6% $0.12
434 TRANSLATIONAL DEV ACQUISITIO 196,459.0 $24K 0.00% -49K -20.0% $0.12
435 MELAR ACQUISITION CORP. I 195,777.0 $23K 0.00% -40K -17.1% $0.12
436 VINE HILL CAP INVTS CORP II 66,666.0 $23K 0.00% NEW $0.35
437 SILVER PEGASUS ACQUISITION C 102,500.0 $23K 0.00% $0.22
438 COLUMBUS CIRCLE CAP CORP II 71,979.0 $22K 0.00% NEW $0.31
439 GENERAL PURP ACQUISITION COR 100,000.0 $22K 0.00% NEW $0.22
440 SILVERBOX CORP V 81,133.0 $22K 0.00% NEW $0.27
Page 22 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%