K2 PRINCIPAL FUND, L.P.

Q1 2026 13F-HR Holdings

Location
Toronto, A6
Holdings as of
3/31/2026
Date filed
5/14/2026
Form type
13F-HR
Num holdings
487
Total value ($000)
$1,432,158
Net value change ($000)
+190,953 (15.4%)
New positions
90
Sold out positions
63
Turnover %
65.0%
Sector allocation + QoQ delta (equities-only)
Prev filing: 2/13/2026 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q4 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
PFSI 6,684 1687.9%
GLD 6,284 NEW
GOOGL 5,335 127.3%
WILLOW LANE ACQUISITION CRP 4,545 NEW
SPRY 4,375 3676.5%
WLAC 4,238 NEW
COLOMBIER ACQUISITION CORP I 3,744 NEW
COLUMBUS CIRCLE CAP CORP II 3,317 NEW
BRR 3,277 NEW
OR 3,042 NEW
Top Reduces (Value $000, Stocks/ETFs)
BTI -5,332 -60.5%
B -4,405 -100.0%
NGD -4,194 -100.0%
ALUB -3,535 -100.0%
OPEN -3,260 -100.0%
PAR -3,032 -100.0%
CYBR -3,010 -100.0%
PKST -3,001 -100.0%
BIP -2,959 -68.2%
FYBR -2,706 -100.0%
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000): 484,683 (33.8% of total reported value)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type