K2 PRINCIPAL FUND, L.P.
Q2 2026 13F-HR Holdings
Net value change ($000)
-67,258
(-4.7%)
New positions
78
Sold out positions
76
Turnover %
60.4%
Sector allocation + QoQ delta (equities-only)
Snapshot: Change Analysis
Compared to Q1 2026
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 | 6,836 | 96.6% |
| BWA | 6,735 | NEW |
| CIGI | 6,524 | NEW |
| GLD | 5,570 | 88.6% |
| ATII | 4,758 | 520.0% |
| WILLOW LANE ACQUISITION CRP | 4,494 | NEW |
| KVUE | 4,378 | NEW |
| RMAX | 4,287 | NEW |
| ARES ACQUISITION CORP III | 4,020 | NEW |
| EVLV | 3,848 | NEW |
Top Reduces (Value $000, Stocks/ETFs)
| WILLOW LANE ACQUISITION CRP | -4,545 | -100.0% |
| WLAC | -4,238 | -100.0% |
| SVAC | -3,769 | -100.0% |
| AQN | -3,684 | -100.0% |
| LION | -3,488 | -86.7% |
| CEPT | -3,049 | -100.0% |
| ELE | -2,783 | -100.0% |
| ABVX | -2,732 | -45.7% |
| SPARTACUS ACQUISITION CORP I | -2,508 | -100.0% |
| SEMR | -2,388 | -100.0% |
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000):
276,970
(20.3% 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.
Filter:
Instrument:
| Issuer Name | Ticker | Sector | Industry | Class | History | Value ($000) | % | Shares | Shares Δ | Shares Δ% | Value Δ ($000) | Value Δ% | Principal | Option Type |
|---|