Latest K2 PRINCIPAL FUND, L.P. Stock Portfolio
K2 PRINCIPAL FUND, L.P. Performance:
2025 Q3: 3.16%YTD: 4.76%2024: 20.96%
Performance for 2025 Q3 is 3.16%, and YTD is 4.76%, and 2024 is 20.96%.
About K2 PRINCIPAL FUND, L.P. and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, K2 PRINCIPAL FUND, L.P. reported an equity portfolio of $1.2 Billions as of 30 Sep, 2025.
The top stock holdings of K2 PRINCIPAL FUND, L.P. are GLD, , OPEN. The fund has invested 2% of it's portfolio in SPDR GOLD TR and 1% of portfolio in CORE SCIENTIFIC INC NEW.
The fund managers got completely rid off MAG SILVER CORP, HESS CORP (HES) and JUNIPER NETWORKS INC (JNPR) stocks. They significantly reduced their stock positions in COLUMBUS CIRCLE CAP CORP. I, STRATA CRITICAL MEDICAL INC (BLDE) and NEXTNAV INC (NN). K2 PRINCIPAL FUND, L.P. opened new stock positions in OPENDOOR TECHNOLOGIES INC (OPEN), EQV VENTURES AC CORP. II and AMERICAN AXLE MFG HLDGS IN (AXL). The fund showed a lot of confidence in some stocks as they added substantially to DOCEBO INC, ISHARES SILVER TR (SLV) and SPDR GOLD TR (GLD).
The top stock holdings of K2 PRINCIPAL FUND, L.P. are GLD, , OPEN. The fund has invested 2% of it's portfolio in SPDR GOLD TR and 1% of portfolio in CORE SCIENTIFIC INC NEW.
The fund managers got completely rid off MAG SILVER CORP, HESS CORP (HES) and JUNIPER NETWORKS INC (JNPR) stocks. They significantly reduced their stock positions in COLUMBUS CIRCLE CAP CORP. I, STRATA CRITICAL MEDICAL INC (BLDE) and NEXTNAV INC (NN). K2 PRINCIPAL FUND, L.P. opened new stock positions in OPENDOOR TECHNOLOGIES INC (OPEN), EQV VENTURES AC CORP. II and AMERICAN AXLE MFG HLDGS IN (AXL). The fund showed a lot of confidence in some stocks as they added substantially to DOCEBO INC, ISHARES SILVER TR (SLV) and SPDR GOLD TR (GLD).
K2 PRINCIPAL FUND, L.P. Annual Return Estimates Vs S&P 500
Our best estimate is that K2 PRINCIPAL FUND, L.P. made a return of 3.16% in the last quarter. In trailing 12 months, it's portfolio return was 9.03%.
New Buys
| Ticker | $ Bought |
|---|---|
| western digital corp | 24,024,800 |
| iren ltd | 21,527,600 |
| allied gold corp | 17,981,800 |
| applied digital corp | 17,595,400 |
| marriott vacations worldwide | 14,787,000 |
| microstrategy | 13,475,800 |
| virgin galactic | 13,312,500 |
| mara holdings | 12,587,200 |
New stocks bought by K2 PRINCIPAL FUND, L.P.
Additions
| Ticker | % Inc. |
|---|---|
| docebo inc | 691 |
| ishares silver tr | 655 |
| spdr gold tr | 614 |
| gct semiconductor hldg inc | 273 |
| xponential fitness inc | 234 |
| inflection pt acquisition co | 112 |
| peakstone realty trust | 103 |
| ars pharmaceuticals inc | 96.08 |
Additions to existing portfolio by K2 PRINCIPAL FUND, L.P.
Reductions
| Ticker | % Reduced |
|---|---|
| columbus circle cap corp. i | -87.09 |
| gores hldgs x inc | -73.58 |
| rf acquisition corp ii | -73.25 |
| strata critical medical inc | -64.74 |
| nextnav inc | -64.05 |
| brookfield business partners | -61.33 |
| talen energy corp | -57.45 |
| ishares bitcoin trust etf | -56.26 |
K2 PRINCIPAL FUND, L.P. reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| cohen circle acquisition cor | -4,498,640 |
| m3brigade acquisition v corp | -610,958 |
| rithm acquisition corp | -3,543,140 |
| jena acquisition corp ii | -3,343,060 |
| mag silver corp | -6,801,110 |
| ares acquisition corp ii | -339,628 |
| fifth era acquisition corp i | -76,670 |
| churchill cap corp x | -3,090,000 |
K2 PRINCIPAL FUND, L.P. got rid off the above stocks
Sector Distribution
K2 PRINCIPAL FUND, L.P. has about 71.4% of it's holdings in Others sector.
| Sector | % |
|---|---|
| Others | 71.4 |
| Technology | 7.8 |
| Consumer Cyclical | 7.2 |
| Real Estate | 4.8 |
| 2.1 | |
| Communication Services | 2 |
| Financial Services | 1.9 |
| Basic Materials | 1.6 |
Market Cap. Distribution
K2 PRINCIPAL FUND, L.P. has about 9.9% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| UNALLOCATED | 71.4 |
| SMALL-CAP | 13.2 |
| LARGE-CAP | 7.3 |
| MID-CAP | 3.7 |
| MEGA-CAP | 2.6 |
| MICRO-CAP | 1.7 |
Stocks belong to which Index?
About 17.6% of the stocks held by K2 PRINCIPAL FUND, L.P. either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 82.4 |
| RUSSELL 2000 | 11 |
| S&P 500 | 6.6 |
K2 PRINCIPAL FUND, L.P. Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of K2 PRINCIPAL FUND, L.P.
K2 PRINCIPAL FUND, L.P. has 217 stocks in it's portfolio. About 6.8% of the portfolio is in top 10 stocks. SBTX proved to be the most loss making stock for the portfolio. FSLR was the most profitable stock for K2 PRINCIPAL FUND, L.P. last quarter.
Last Reported on: 13 Nov, 2025| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAL | american airlines group inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| AAOI | applied optoelectronics inc | 0.73 | 9,000 | 9,018,000 | unchanged | 0.00 | ||
| AEIS | advanced energy inds | 0.45 | 4,000 | 5,542,800 | unchanged | 0.00 | ||
| AG | first majestic silver corp | 1.25 | 14,500 | 15,393,200 | unchanged | 0.00 | ||
| AGS | playags inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| AMZN | amazon com inc | 0.17 | 9,508 | 2,087,670 | reduced | -10.37 | ||
| APLD | applied digital corp | 1.43 | 7,000 | 17,595,400 | new | |||
| APP | applovin corp | 0.34 | 5,788 | 4,158,910 | reduced | -6.15 | ||
| ASTL | algoma stl group inc | 0.01 | 690,879 | 138,176 | unchanged | 0.00 | ||
| ASTS | ast spacemobile | 0.51 | 3,000 | 6,295,280 | new | |||
| ASTS | ast spacemobile inc | 0.25 | 3,000 | 3,126,340 | new | |||
| AVGO | broadcom inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| AXL | american axle mfg hldgs in | 0.34 | 696,786 | 4,187,680 | new | |||
| BB | blackberry ltd | 0.84 | 7,000 | 10,365,600 | unchanged | 0.00 | ||
| BKSY | blacksky technology inc | 0.46 | 5,000 | 5,625,950 | new | |||
| BL | blackline inc | 0.48 | 6,000 | 5,847,600 | unchanged | 0.00 | ||
| BLDE | strata critical medical inc | 0.00 | 175,280 | 36,809 | reduced | -64.74 | ||
| BOX | box inc | 0.41 | 5,000 | 5,040,500 | new | |||
| BSY | bentley sys inc | 0.15 | 2,000 | 1,885,400 | unchanged | 0.00 | ||
| CENX | century alum co | 0.76 | 5,750 | 9,378,250 | unchanged | 0.00 | ||