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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 8 of 25  ·  487 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
141 IT CALL GARTNER INC Technology 18,000.0 $2.9M 0.20% NEW $158.34 -7.5%
142 IGV PUT ISHARES TR 35,000.0 $2.8M 0.20% NEW $80.05 +13.9%
143 PAR PUT PAR TECHNOLOGY CORP Technology 210,000.0 $2.8M 0.20% +110K +110.0% $13.33 +10.8%
144 JENA ACQUISITION CORP II 273,000.0 $2.8M 0.20% $10.22
145 ELEMENTAL RTY CORP 106,256.0 $2.8M 0.19% -71K -40.1% $26.19
146 T1 ENERGY INC 2,500.0 $2.8M 0.19% -2K -50.0% $1101.10
147 DBCA D BORAL ACQUISITION I CORP Financial Services 276,220.0 $2.7M 0.19% NEW $9.86 +0.5%
148 GLNG CALL GOLAR LNG LTD Energy 50,000.0 $2.7M 0.19% NEW $54.11 +5.6%
149 RGLD ROYAL GOLD INC Basic Materials 10,625.0 $2.7M 0.19% $254.49 -9.6%
150 ARRAY TECHNOLOGIES INC 3,000.0 $2.7M 0.19% +2K +200.0% $898.50
151 CEPF CANTOR EQUITY PARTNERS IV IN Financial Services 258,341.0 $2.6M 0.18% $10.19 +1.4%
152 ECVT CALL ECOVYST INC Basic Materials 200,000.0 $2.6M 0.18% NEW $12.86 +13.5%
153 DCH CALL DAUCH CORP Industrials 433,400.0 $2.6M 0.18% NEW $5.93 +7.6%
154 TLNC TALON CAP CORP Financial Services 250,000.0 $2.5M 0.18% -50K -16.6% $10.20 +0.2%
155 SPARTACUS ACQUISITION CORP I 250,000.0 $2.5M 0.17% NEW $10.03
156 SBXE SILVERBOX CORP V Financial Services 243,400.0 $2.4M 0.17% NEW $9.92 +1.1%
157 SEMR SEMRUSH HLDGS INC Technology 200,000.0 $2.4M 0.17% NEW $11.94 +0.5%
158 PZZA PAPA JOHNS INTL INC Consumer Cyclical 73,200.0 $2.4M 0.17% NEW $32.41 +1.0%
159 QURE CALL UNIQURE NV Healthcare 145,000.0 $2.4M 0.17% NEW $16.35 +58.1%
160 RDDT REDDIT INC Communication Services 17,606.0 $2.4M 0.17% +11K +173.5% $134.65 +14.5%
Page 8 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%