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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 23 of 25  ·  487 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
441 ROMAN DBDR ACQUISITION CORP 103,595.0 $22K 0.00% $0.21
442 PROCAP ACQUISITION CORP 77,017.0 $22K 0.00% $0.28
443 KOCHAV DEFENSE ACQUI CO 100,000.0 $21K 0.00% $0.21
444 SIDDHI ACQUISITION CORP 138,991.0 $21K 0.00% NEW $0.15
445 OAKTREE ACQUISITION CORP III 39,058.0 $21K 0.00% $0.53
446 GRAF GLOBAL CORP 156,229.0 $20K 0.00% -6K -4.0% $0.13
447 DRUGS MADE IN AMER ACQ II CO 250,000.0 $20K 0.00% $0.08
448 JOBY AVIATION INC 25,000.0 $20K 0.00% $0.79
449 SPRING VY ACQUISITION CORP I 25,000.0 $18K 0.00% NEW $0.73
450 SAFEGUARD ACQUISITION CORP 50,000.0 $18K 0.00% NEW $0.35
451 HIGHVIEW MERGER CORP 75,000.0 $17K 0.00% NEW $0.23
452 GP-ACT III ACQUISITION CORP 121,798.0 $17K 0.00% $0.14
453 CRANE HBR ACQUISITION CORP I 100,000.0 $17K 0.00% NEW $0.17
454 FUTURECREST ACQUISITION CORP 25,000.0 $15K 0.00% $0.59
455 M EVO GBL ACQUISITION CORP I 43,432.0 $14K 0.00% NEW $0.33
456 HENNESSY CAP INVTS CORP VIII 77,786.0 $14K 0.00% NEW $0.18
457 TWELVE SEAS INVT CO III 100,000.0 $14K 0.00% NEW $0.14
458 T1 ENERGY INC 63,600.0 $14K 0.00% NEW $0.22
459 JACKSON ACQUISITION CO II 136,000.0 $14K 0.00% $0.10
460 ACTIVATE ENERGY ACQUISIT COR 50,000.0 $14K 0.00% NEW $0.27
Page 23 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%