K2 Principal Fund, L.P. Portfolio Stock Holdings
K2 Principal Fund, L.P. disclosed 396 stock positions valued at approximately $947.5 million in its latest SEC 13F filing. The largest holdings include ALPHABET INC, PENNYMAC FINL SVCS INC NEW, and DAUCH CORP. The filing reflects positions held as of March 31, 2026 and was filed on May 14, 2026.
- Report Period
- March 31, 2026
- No. of Stocks
- 396
- Portfolio Value
- $947.5M
Holdings by Sector
K2 Principal Fund, L.P. Portfolio Holdings in Q1 2026
102 holdings in the latest reporting period.
Page 1 of 2
| Company | Symbol | Sector | Portfolio % | Shares | Change (Shares) | Change % | Value |
|---|---|---|---|---|---|---|---|
| ALPHABET INC | GOOG | Communication Services | 1.01% | 33,205 | +19,851 | +148.65% | $9,525,186 |
| PENNYMAC FINL SVCS INC NEW | PFSI | Financial Services | 0.75% | 81,002 | +78,000 | +2598.27% | $7,079,575 |
| DAUCH CORP | AXL | Consumer Cyclical | 0.74% | 1,184,918 | +355,726 | +42.90% | $7,026,564 |
| FIRST SOLAR INC | FSLR | Technology | 0.68% | 32,500 | +13,750 | +73.33% | $6,410,950 |
| SPDR GOLD TR | GLD | Other | 0.66% | 14,603 | +14,603 | +100.00% | $6,283,525 |
| ABIVAX SA | ABVX | Healthcare | 0.63% | 53,741 | +31,241 | +138.85% | $5,984,060 |
| ISHARES BITCOIN TRUST ETF | IBIT | Other | 0.54% | 133,822 | +76,500 | +133.46% | $5,141,441 |
| ARS PHARMACEUTICALS INC | SPRY | Healthcare | 0.47% | 559,697 | +549,497 | +5387.23% | $4,494,367 |
| GREENFIRE RES LTD NEW | GFR | Energy | 0.44% | 656,440 | -188,845 | -22.34% | $4,148,701 |
| BROOKFIELD RENEWABLE ENERGY | G16258108 | Other | 0.43% | 125,800 | -4,100 | -3.16% | $4,106,112 |
| NORFOLK SOUTHN CORP | NSC | Industrials | 0.43% | 14,091 | +3,291 | +30.47% | $4,044,117 |
| APPLOVIN CORP | APP | Technology | 0.42% | 10,068 | +5,836 | +137.90% | $4,007,064 |
| VISTRA CORP | VST | Utilities | 0.41% | 25,850 | +15,850 | +158.50% | $3,886,031 |
| ALGONQUIN POWER UTILITIES | AQN | Utilities | 0.39% | 600,000 | +400,000 | +200.00% | $3,684,000 |
| XPONENTIAL FITNESS INC | XPOF | Consumer Cyclical | 0.38% | 600,000 | -94,974 | -13.67% | $3,612,000 |
| RAYONIER ADVANCED MATLS INC | RYAM | Basic Materials | 0.37% | 320,400 | -282,224 | -46.83% | $3,546,828 |
| BRITISH AMERN TOB PLC | BTI | Consumer Defensive | 0.37% | 59,626 | -96,109 | -61.71% | $3,486,332 |
| AMAZON COM INC | AMZN | Consumer Cyclical | 0.35% | 16,141 | +3,433 | +27.01% | $3,361,686 |
| SERITAGE GROWTH PPTYS | SRG | Real Estate | 0.32% | 1,081,400 | +25,000 | +2.37% | $3,038,734 |
| DIGITALBRIDGE GROUP INC | DBRG | Real Estate | 0.31% | 190,000 | +58,933 | +44.96% | $2,929,800 |
| ROYAL GOLD INC | RGLD | Basic Materials | 0.29% | 10,625 | - | - | $2,703,956 |
| SEMRUSH HLDGS INC | SEMR | Technology | 0.25% | 200,000 | +200,000 | +100.00% | $2,388,000 |
| PAPA JOHNS INTL INC | PZZA | Consumer Cyclical | 0.25% | 73,200 | +73,200 | +100.00% | $2,372,412 |
| REDDIT INC | RDDT | Communication Services | 0.25% | 17,606 | +11,169 | +173.51% | $2,370,648 |
| PROPETRO HLDG CORP | PUMP | Energy | 0.25% | 162,208 | +162,208 | +100.00% | $2,337,417 |
| MICROSOFT CORP | MSFT | Technology | 0.23% | 6,000 | +6,000 | +100.00% | $2,221,020 |
| FRANCO NEV CORP | FNV | Basic Materials | 0.22% | 8,625 | -3,875 | -31.00% | $2,130,806 |
| PELOTON INTERACTIVE INC | PTON | Consumer Cyclical | 0.21% | 468,237 | +468,237 | +100.00% | $2,008,737 |
| ASML HLDG NV | ASML | Other | 0.21% | 1,500 | +1,500 | +100.00% | $1,981,245 |
| APTIV PLC | APTV | Other | 0.20% | 27,656 | +27,656 | +100.00% | $1,920,433 |
| ISHARES TR | IWM | Other | 0.20% | 7,635 | +7,635 | +100.00% | $1,893,480 |
| NET LEASE OFFICE PROPERTIES | NLOP | Real Estate | 0.19% | 160,285 | +5,785 | +3.74% | $1,846,483 |
| PORCH GROUP INC | PRCH | Technology | 0.19% | 251,564 | +141,564 | +128.69% | $1,803,714 |
| ELEMENT SOLUTIONS INC | ESI | Basic Materials | 0.18% | 48,600 | +48,600 | +100.00% | $1,659,204 |
| NVENT ELEC PLC | NVT | Other | 0.17% | 13,980 | +13,980 | +100.00% | $1,653,554 |
| AMENTUM HOLDINGS INC | AMTM | Other | 0.17% | 60,000 | +60,000 | +100.00% | $1,564,800 |
| LULULEMON ATHLETICA INC | LULU | Consumer Cyclical | 0.16% | 10,000 | +8,500 | +566.67% | $1,531,000 |
| VOX ROYALTY CORP | VOXR | Basic Materials | 0.16% | 286,826 | -30,674 | -9.66% | $1,502,968 |
| SKYWATER TECHNOLOGY INC | SKYT | Technology | 0.16% | 54,653 | +54,653 | +100.00% | $1,498,039 |
| COLUMBUS MCKINNON CORP N Y | CMCO | Industrials | 0.15% | 101,000 | +60,775 | +151.09% | $1,467,530 |
| STAGWELL INC | STGW | Communication Services | 0.15% | 229,170 | +229,170 | +100.00% | $1,441,479 |
| CORE SCIENTIFIC INC NEW | CORZW | Technology | 0.15% | 158,192 | - | - | $1,382,598 |
| BROOKFIELD INFRASTRUCTURE PA | G16252101 | Other | 0.15% | 38,200 | -86,700 | -69.42% | $1,379,784 |
| POWERFLEET INC | AIOT | Technology | 0.14% | 432,029 | +163,183 | +60.70% | $1,330,649 |
| CARS COM INC | CARS | Consumer Cyclical | 0.14% | 163,259 | +85,083 | +108.84% | $1,325,663 |
| GOLDEN ENTMT INC | GDEN | Consumer Cyclical | 0.13% | 46,937 | +46,937 | +100.00% | $1,252,749 |
| FLEXTRONICS INTL LTD | FLEX | Other | 0.13% | 18,484 | +18,484 | +100.00% | $1,209,963 |
| CORE NATURAL RESOURCES INC | CEIX | Other | 0.13% | 11,375 | +11,375 | +100.00% | $1,191,304 |
| QORVO INC | QRVO | Technology | 0.12% | 14,480 | +14,480 | +100.00% | $1,120,752 |
| ISHARES TR | TLT | Other | 0.11% | 12,366 | +5,400 | +77.52% | $1,072,009 |
| ELECTRONIC ARTS INC | EA | Communication Services | 0.11% | 5,000 | +5,000 | +100.00% | $1,019,350 |
| SPHERE ENTERTAINMENT CO | SPHR | Communication Services | 0.10% | 8,108 | +8,108 | +100.00% | $951,879 |
| MARINE PRODS CORP | MPX | Consumer Cyclical | 0.09% | 120,216 | +120,216 | +100.00% | $873,970 |
| MASTERBRAND INC | MBC | Consumer Cyclical | 0.09% | 105,046 | +91,530 | +677.20% | $872,932 |
| PEABODY ENGR CORP | BTU | Energy | 0.08% | 24,311 | +24,311 | +100.00% | $801,047 |
| DRIVEN BRANDS HLDGS INC | DRVN | Consumer Cyclical | 0.08% | 62,368 | +62,368 | +100.00% | $786,460 |
| KIMBERLY-CLARK CORP | KMB | Consumer Defensive | 0.08% | 7,412 | +7,412 | +100.00% | $715,036 |
| COMPASS DIVERSIFIED | CODI | Industrials | 0.08% | 90,891 | +90,891 | +100.00% | $714,403 |
| TIC SOLUTIONS INC | TIC | Other | 0.07% | 106,908 | -8,381 | -7.27% | $703,455 |
| MERCK CO INC | MRK | Healthcare | 0.07% | 5,684 | - | - | $683,728 |
| BROADCOM INC | AVGO | Technology | 0.07% | 2,150 | +2,150 | +100.00% | $665,447 |
| CLEVELAND-CLIFFS INC NEW | CLF | Basic Materials | 0.07% | 77,453 | +36,153 | +87.54% | $654,478 |
| SENSIENT TECHNOLOGIES CORP | SXT | Basic Materials | 0.07% | 7,500 | +7,500 | +100.00% | $648,300 |
| METALLA RTY STREAMING LTD | MTA | Basic Materials | 0.06% | 81,760 | +12,000 | +17.20% | $542,069 |
| 1ST FINL BANCORP | FFBC | Financial Services | 0.05% | 18,068 | -8,508 | -32.01% | $503,736 |
| KEYSIGHT TECHNOLOGIES INC | KEYS | Technology | 0.05% | 1,600 | +1,600 | +100.00% | $451,792 |
| LAM RESEARCH CORP | LRCX | Other | 0.05% | 2,000 | +2,000 | +100.00% | $427,320 |
| VERSABANK NEW | VBNK | Financial Services | 0.04% | 29,982 | +6,824 | +29.47% | $424,845 |
| APPLIED MATLS INC | AMAT | Technology | 0.04% | 1,238 | +1,238 | +100.00% | $423,136 |
| SUNOPTA INC | STKL | Consumer Defensive | 0.04% | 64,304 | +64,304 | +100.00% | $416,690 |
| COHEN STEERS INFRASTRUCTUR | UTF | Financial Services | 0.04% | 15,043 | +5,000 | +49.79% | $389,313 |
| TERADYNE INC | TER | Technology | 0.04% | 1,300 | -2,364 | -64.52% | $385,398 |
| ADAMS DIVERSIFIED EQUITY FD | ADX | Financial Services | 0.04% | 17,191 | +340 | +2.02% | $376,311 |
| AMKOR TECHNOLOGY INC | AMKR | Technology | 0.04% | 8,306 | -694 | -7.71% | $374,019 |
| TAIWAN SEMICONDUCTOR MANUFAC | TSM | Technology | 0.04% | 1,100 | +1,100 | +100.00% | $371,745 |
| CSG SYS INTL INC | CSGS | Technology | 0.03% | 3,723 | +3,723 | +100.00% | $297,617 |
| BLACKROCK ENHANCED EQUITY DI | BDJ | Financial Services | 0.03% | 32,984 | - | - | $284,322 |
| FORRESTER RESH INC | FORR | Industrials | 0.03% | 50,178 | +50,178 | +100.00% | $284,007 |
| DESTRA MULTI-ALTERNATIVE FD | DMA | Financial Services | 0.03% | 34,709 | - | - | $281,490 |
| NOKIA CORP | NOK | Technology | 0.03% | 35,000 | +35,000 | +100.00% | $281,400 |
| ELLSWORTH GROWTH INCOME FD | ECF | Financial Services | 0.03% | 24,619 | - | - | $274,502 |
| ROYCE SMALL CAP TRUST INC | RVT | Financial Services | 0.03% | 16,503 | -4,000 | -19.51% | $273,950 |
| KULICKE SOFFA INDS INC | KLIC | Technology | 0.03% | 4,100 | -3,900 | -48.75% | $269,452 |
| BLUE OWL CAPITAL CORPORATION | OBDC | Financial Services | 0.03% | 22,500 | +12,200 | +118.45% | $248,850 |
| TRIPADVISOR INC | TRIP | Consumer Cyclical | 0.03% | 23,000 | +23,000 | +100.00% | $245,180 |
| EAGLE POINT INCOME COMPANY I | EIC | Financial Services | 0.02% | 23,584 | - | - | $222,633 |
| T1 ENERGY INC | FREY | Industrials | 0.02% | 50,000 | +50,000 | +100.00% | $219,500 |
| SABA CAPITAL INCOME OPPORT | SABA | Financial Services | 0.02% | 22,700 | - | - | $188,864 |
| GCT SEMICONDUCTOR HLDG INC | GCTS-WS | Other | 0.01% | 583,091 | -100,000 | -14.64% | $104,956 |
| HIGH INCOME SECS FD | PCF | Financial Services | 0.01% | 16,617 | - | - | $91,726 |
| ENTRAVISION COMMUNICATIONS C | EVC | Communication Services | 0.01% | 24,919 | +24,919 | +100.00% | $74,009 |
| AIRJOULE TECHNOLOGIES CORP | AIRJW | Industrials | 0.01% | 115,912 | - | - | $64,911 |
| ALGOMA STL GROUP INC | ASTLW | Basic Materials | 0.01% | 690,879 | - | - | $62,179 |
| HIGHLAND OPPS INCOME FD | HFRO | Financial Services | 0.01% | 10,033 | - | - | $57,288 |
| ZEO ENERGY CORP | ZEOWW | Technology | 0.01% | 1,277,536 | - | - | $51,101 |
| FOLD HLDGS INC | FLDDW | Financial Services | 0.00% | 380,780 | - | - | $41,886 |
| ALLIANCE ENTERTAINMENT HOLDI | AENTW | Communication Services | 0.00% | 69,325 | -40,969 | -37.15% | $41,595 |
| NEUBERGER R/EST SECS INC FD | XNROX | Other | 0.00% | 10,400 | - | - | $29,536 |
| T1 ENERGY INC | FREY-WS | Other | 0.00% | 63,600 | +63,600 | +100.00% | $13,992 |
| NET POWER INC | NPWR-WS | Other | 0.00% | 46,181 | - | - | $12,469 |
K2 Principal Fund, L.P. Options Holdings in Q1 2026
85 options positions in the latest reporting period.
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| Quarter | Symbol | Company | Option | Contracts | Notional Value |
|---|---|---|---|---|---|
| Q1 2026 | GLD | SPDR Gold Trust | CALL | 200,600 | $86,316,176 |
| Q1 2026 | SPY | SPDR S&P 500 | PUT | 75,000 | $48,775,502 |
| Q1 2026 | SPY | SPDR S&P 500 | CALL | 54,700 | $35,573,599 |
| Q1 2026 | GLD | SPDR Gold Trust | PUT | 73,000 | $31,411,171 |
| Q1 2026 | IWM | iShares Russell 2000 ETF | PUT | 85,000 | $21,080,000 |
| Q1 2026 | SLV | iShares Silver Trust | CALL | 224,400 | $15,290,616 |
| Q1 2026 | COPX | Global X Copper Miners ETF | PUT | 194,000 | $14,811,900 |
| Q1 2026 | GDXJ | VanEck Junior Gold Miners ETF | PUT | 107,500 | $12,904,300 |
| Q1 2026 | FCX | Freeport-McMoRan, Inc. | PUT | 206,000 | $12,108,680 |
| Q1 2026 | HYG | iShares iBoxx $ High Yield Corp | PUT | 150,000 | $11,934,000 |
| Q1 2026 | RYAM | Rayonier Advanced Materials Inc | CALL | 845,000 | $9,354,150 |
| Q1 2026 | QQQ | Invesco QQQ Trust, Series 1 | PUT | 16,000 | $9,234,880 |
| Q1 2026 | XLP | SPDR Select Sector Fund - Consu | PUT | 100,000 | $8,198,000 |
| Q1 2026 | GDXJ | VanEck Junior Gold Miners ETF | CALL | 65,000 | $7,802,600 |
| Q1 2026 | SHOP | Shopify Inc. | PUT | 58,000 | $6,879,960 |
| Q1 2026 | EEM | iShares MSCI Emerging Index Fun | PUT | 120,000 | $6,814,800 |
| Q1 2026 | GME | GameStop Corporation | PUT | 275,000 | $6,336,000 |
| Q1 2026 | SUN | Sunoco LP | PUT | 90,000 | $5,847,300 |
| Q1 2026 | GDX | VanEck Gold Miners ETF | PUT | 62,500 | $5,735,625 |
| Q1 2026 | UBER | Uber Technologies, Inc. | PUT | 72,000 | $5,178,960 |
| Q1 2026 | SOI | SOI | CALL | 90,000 | $5,085,900 |
| Q1 2026 | ARKK | ARK Innovation ETF | CALL | 70,000 | $4,731,300 |
| Q1 2026 | ARKK | ARK Innovation ETF | PUT | 68,000 | $4,596,120 |
| Q1 2026 | GME | GameStop Corporation | CALL | 180,700 | $4,163,328 |
| Q1 2026 | SLV | iShares Silver Trust | PUT | 60,000 | $4,088,400 |
| Q1 2026 | BMO | Bank Of Montreal | PUT | 20,000 | $3,768,400 |
| Q1 2026 | IJR | iShares Core S&P Small-Cap ETF | PUT | 30,000 | $3,729,300 |
| Q1 2026 | UBER | Uber Technologies, Inc. | CALL | 45,500 | $3,272,815 |
| Q1 2026 | PAR | PAR Technology Corporation | CALL | 240,000 | $3,199,200 |
| Q1 2026 | AXP | American Express Company | PUT | 10,000 | $3,024,800 |
| Q1 2026 | VOO | Vanguard S&P 500 ETF | CALL | 5,000 | $2,987,750 |
| Q1 2026 | BTI | British American Tobacco Indus | CALL | 50,000 | $2,923,500 |
| Q1 2026 | QQQ | Invesco QQQ Trust, Series 1 | CALL | 5,000 | $2,885,900 |
| Q1 2026 | IT | Gartner, Inc. | CALL | 18,000 | $2,850,120 |
| Q1 2026 | IGV | iShares Expanded Tech-Software | PUT | 35,000 | $2,801,750 |
| Q1 2026 | PAR | PAR Technology Corporation | PUT | 210,000 | $2,799,300 |
| Q1 2026 | G9456A100 | Golar LNG | CALL | 50,000 | $2,705,500 |
| Q1 2026 | ECVT | Ecovyst Inc. | CALL | 200,000 | $2,572,000 |
| Q1 2026 | AXL | American Axle & Manufacturing H | CALL | 433,400 | $2,570,062 |
| Q1 2026 | GDX | VanEck Gold Miners ETF | CALL | 25,000 | $2,294,250 |
| Q1 2026 | ADP | Automatic Data Processing, Inc. | PUT | 10,000 | $2,031,800 |
| Q1 2026 | CLF | Cleveland-Cliffs Inc. | PUT | 230,800 | $1,950,260 |
| Q1 2026 | BBY | Best Buy Co., Inc. | PUT | 30,000 | $1,926,000 |
| Q1 2026 | FRPT | Freshpet, Inc. | CALL | 30,500 | $1,798,280 |
| Q1 2026 | TXRH | Texas Roadhouse, Inc. | PUT | 10,000 | $1,651,400 |
| Q1 2026 | MATX | Matson, Inc. | PUT | 10,000 | $1,639,400 |
| Q1 2026 | CAVA | CAVA Group, Inc. | PUT | 20,000 | $1,618,000 |
| Q1 2026 | XLI | SPDR Select Sector Fund - Indus | PUT | 10,000 | $1,617,300 |
| Q1 2026 | VALE | VALE S.A. | CALL | 100,000 | $1,591,000 |
| Q1 2026 | CORZ | Core Scientific, Inc. | CALL | 100,000 | $1,496,000 |
| Q1 2026 | CMCO | Columbus McKinnon Corporation | PUT | 100,000 | $1,453,000 |
| Q1 2026 | W | Wayfair Inc. | PUT | 19,000 | $1,428,990 |
| Q1 2026 | SWK | Stanley Black & Decker, Inc. | PUT | 20,000 | $1,421,200 |
| Q1 2026 | KIE | SPDR S&P Insurance ETF | PUT | 25,000 | $1,375,000 |
| Q1 2026 | NFLX | Netflix, Inc. | CALL | 14,100 | $1,355,715 |
| Q1 2026 | HUN | Huntsman Corporation | CALL | 100,000 | $1,331,000 |
| Q1 2026 | GGG | Graco Inc. | PUT | 15,000 | $1,269,750 |
| Q1 2026 | PUMP | ProPetro Holding Corp. | CALL | 80,000 | $1,152,800 |
| Q1 2026 | STGW | Stagwell Inc. | CALL | 179,900 | $1,131,571 |
| Q1 2026 | ABVX | Abivax SA | CALL | 10,000 | $1,113,500 |
| Q1 2026 | EQH | Equitable Holdings, Inc. | PUT | 30,000 | $1,113,300 |
| Q1 2026 | QS | QuantumScape Corporation | PUT | 150,000 | $957,000 |
| Q1 2026 | IT | Gartner, Inc. | PUT | 6,000 | $950,040 |
| Q1 2026 | WIX | Wix | CALL | 10,000 | $900,700 |
| Q1 2026 | SERV | Serve Robotics Inc. | PUT | 100,000 | $844,000 |
| Q1 2026 | DELL | Dell Technologies Inc. | PUT | 5,000 | $820,650 |
| Q1 2026 | INSP | Inspire Medical Systems, Inc. | CALL | 15,000 | $773,700 |
| Q1 2026 | COPX | Global X Copper Miners ETF | CALL | 10,000 | $763,500 |
| Q1 2026 | CRBG | Corebridge Financial Inc. | PUT | 30,000 | $715,800 |
| Q1 2026 | AGYS | Agilysys, Inc. | PUT | 10,000 | $711,400 |
| Q1 2026 | AEIS | Advanced Energy Industries, Inc | PUT | 2,000 | $645,420 |
| Q1 2026 | AMTM | Amentum | CALL | 20,000 | $521,600 |
| Q1 2026 | FREY | FREYR Battery, Inc. | CALL | 100,000 | $439,000 |
| Q1 2026 | CMCO | Columbus McKinnon Corporation | CALL | 30,000 | $435,900 |
| Q1 2026 | RGTI | Rigetti Computing, Inc. | PUT | 30,000 | $421,200 |
| Q1 2026 | MARA | MARA Holdings, Inc. | CALL | 50,000 | $408,000 |
| Q1 2026 | MGM | MGM Resorts International | PUT | 10,000 | $370,100 |
| Q1 2026 | AFRM | Affirm Holdings, Inc. | PUT | 8,000 | $366,560 |
| Q1 2026 | PRCH | Porch Group, Inc. | CALL | 40,000 | $286,800 |
| Q1 2026 | OWL | Blue Owl Capital Inc. | CALL | 30,000 | $273,900 |
| Q1 2026 | FG | F&G Annuities & Life, Inc. | PUT | 10,000 | $253,200 |
| Q1 2026 | AMC | AMC Entertainment Holdings, Inc | PUT | 200,000 | $196,000 |
| Q1 2026 | AIOT | PowerFleet, Inc. | CALL | 50,000 | $154,000 |
| Q1 2026 | PTON | Peloton Interactive, Inc. | CALL | 29,000 | $124,410 |
| Q1 2026 | SPRY | ARS Pharmaceuticals, Inc. | CALL | 13,000 | $104,390 |
Notional value represents the total exposure of the options position.