K2 PRINCIPAL FUND, L.P.
Q3 2026 13F-HR Holdings
Net value change ($000)
-160,375
(-11.7%)
New positions
70
Sold out positions
75
Turnover %
57.1%
Sector allocation + QoQ delta (equities-only)
Snapshot: Change Analysis
Compared to Q2 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)
| ABVX | 6,321 | 194.4% |
| LION | 5,894 | 1099.6% |
| ACB | 5,062 | NEW |
| HAYMAKER ACQUISITION CORP V | 5,010 | NEW |
| MGM | 4,635 | 438.5% |
| AMR RES ACQUISITION CORP | 4,406 | NEW |
| IVES ULTRA AI OPPORTUNITIES | 4,151 | NEW |
| NTWO | 3,681 | NEW |
| CMPS | 3,600 | 188.3% |
| ARES ACQUISITION CORP III | 3,525 | NEW |
Top Reduces (Value $000, Stocks/ETFs)
| PFSI | -9,838 | -70.7% |
| GLD | -9,607 | -81.0% |
| GOOG | -6,990 | -73.9% |
| BWA | -6,735 | -100.0% |
| SUNC | -5,333 | -64.2% |
| SKYT | -4,551 | -100.0% |
| RMAX | -4,287 | -100.0% |
| COLUMBUS CIRCLE CAP CORP II | -4,056 | -100.0% |
| ARES ACQUISITION CORP III | -4,020 | -100.0% |
| PZZA | -4,019 | -100.0% |
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000):
167,871
(13.9% 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 |
|---|