← Back to Discover
K2 PRINCIPAL FUND, L.P.
Period ended Sep 30, 2026 · Latest filing Nov 13, 2026
These quarterly holdings are delayed and may not include all assets or short positions.
Values are from the reporting date, not current prices or purchase costs.
The same security may appear in multiple rows.
Source: SEC
Reported portfolio value
Quarter-end reported holdings; not current value or investment performance.
View reported values
- Dec 31, 2024: $900,620,519
- Mar 31, 2025: $788,186,181
- Jun 30, 2025: $725,229,989
- Sep 30, 2025: $1,231,447,683
- Dec 31, 2025: $1,241,204,705
- Mar 31, 2026: $1,432,158,045
- Jun 30, 2026: $1,364,900,286
- Sep 30, 2026: $1,204,524,978
Top holdings
Top 10 at Sep 30, 2026. Matching entries are combined; security classes and options remain separate. Shares exclude principal amounts; option shares reflect the reported underlying amount.
View top holdings values
- VANECK ETF TRUST · GOLD MINERS ETF · 92189F106 · shares · PUT: $33,364,001
- SPDR GOLD TR · GOLD SHS · 78463V107 · shares · CALL: $19,346,672
- AVNET INC · NOTE 1.750 9/0 · 053807AZ6 · principal: $18,213,600
- STRATEGY INC · NOTE 0.625 9/1 · 594972AQ4 · principal: $17,925,000
- CHEESECAKE FACTORY INC · NOTE 2.000 3/1 · 163072AC5 · principal: $17,218,730
- CLOUDFLARE INC · NOTE 6/1 · 18915MAF4 · principal: $15,771,000
- PAR TECHNOLOGY CORP · 4.000 03/15/31 CVT · 698884AK9 · principal: $15,128,343
- GAMESTOP CORP · NOTE 4/0 · 36467WAE9 · principal: $15,101,800
- RUBRIK INC. · NOTE 6/1 · 781154AD1 · principal: $14,324,400
- GUARDANT HEALTH INC · NOTE 11/1 · 40131MAB5 · principal: $13,689,000
Reported holdings
468 reported entries| Issuer | Class | CUSIP | Type | Shares / principal | Reported value (USD) |
|---|---|---|---|---|---|
| ISHARES TR | MSCI INDONIA ETF | 46429B309 | PUT | 20,000 shares | $234,600 |
| EQV VENTURES AC CORP. II | W EXP 06/30/203 | G3106Q128 | — | 779,447 shares | $233,834 |
| INFLECTION POINT ACQU CORP V | W EXP 02/11/203 | G2296M129 | — | 366,421 shares | $219,853 |
| SAP SE | SPON ADR | 803054204 | — | 1,000 shares | $208,480 |
| PYROPHYTE ACQUISITION CORP. | CL A SHS | G7309T102 | — | 20,000 shares | $206,000 |
| PIMCO ACCESS INCOME FUND | SHS BENFIN INT | 72203T100 | — | 15,000 shares | $198,450 |
| AEVA TECHNOLOGIES INC | COM NEW | 00835Q202 | — | 13,881 shares | $194,889 |
| BOLD EAGLE ACQUISITION CORP | RIGHT 10/11/2029 | G2003N121 | — | 733,221 shares | $183,305 |
| NET POWER INC | COM CL A | 64107A105 | — | 120,700 shares | $179,843 |
| GENERAL FUSION GROUP LTD | W EXP 07/10/203 | 369884119 | — | 127,967 shares | $175,315 |
| NEW AMER ACQUISITION I CORP | COM SHS CL A | 023634108 | — | 17,180 shares | $173,003 |
| SWEETGREEN INC | COM CL A | 87043Q108 | PUT | 19,000 shares | $168,530 |
| SABA CAPITAL INCOME OPPORT | COM NEW | 880198205 | — | 20,900 shares | $166,573 |
| ARCHIMEDES TECH SPAC PTNRS I | W EXP 01/23/203 | G0453R113 | — | 308,837 shares | $163,684 |
| EAGLE POINT INCOME CO | COM SHS BEN INT | 269817102 | — | 17,192 shares | $158,854 |
| KENSINGTON CAP ACQUISITION | W EXP 99/99/999 | G5235S115 | — | 134,575 shares | $154,761 |
| EMPERY DIGITAL INC | COM NEW | 92864V608 | — | 50,327 shares | $151,484 |
| TEAMSHARES INC | W EXP 02/20/203 | 87821B117 | — | 154,338 shares | $146,621 |
| TRANSLATIONAL DEV ACQUISITIO | W EXP 12/18/202 | G9008W113 | — | 100,113 shares | $145,164 |
| POWERFLEET INC | COM | 73931J109 | CALL | 50,000 shares | $142,000 |
| OCEANHAWK ACQUISITION CORP | RIGHT 05/19/2031 | G6722R123 | — | 706,216 shares | $141,243 |
| NEWBURY STR II ACQUISITION C | W EXP 06/01/203 | G6439S117 | — | 154,744 shares | $139,270 |
| BLUEROCK PVT REAL ESTATE FD | COM | 09631P102 | — | 10,900 shares | $136,686 |
| AIRJOULE TECHNOLOGIES CORP | W EXP 03/15/202 | 612160119 | — | 136,690 shares | $135,323 |
| FS SPECIALTY LENDING FD | COM SH BEN INT | 644323107 | — | 11,500 shares | $133,745 |
| INFINITE EAGLE ACQUISITION C | RIGHT 01/13/2031 | G4802J111 | — | 831,520 shares | $133,043 |
| CRANE HBR ACQUISITION CORP I | RIGHT 12/09/2030 | G25014112 | — | 774,365 shares | $131,642 |
| STELLANTIS N.V | SHS | N82405106 | PUT | 30,000 shares | $130,800 |
| NEWMARK GROUP INC | CL A | 65158N102 | PUT | 10,000 shares | $122,600 |
| HIGHLAND OPPS INCOME FD | HIGHLAND INCOME | 43010E404 | — | 17,533 shares | $116,770 |
| SPORTRADAR GROUP AG | CLASS A ORD SHS | H8088L103 | — | 10,000 shares | $115,600 |
| BRERA HOLDINGS PLC | CL B 2026 | G13311132 | — | 24,525 shares | $108,155 |
| SPARTACUS ACQUISITION CORP I | W EXP 01/30/203 | G8303R118 | — | 270,165 shares | $108,066 |
| NEWCLEO PLC | W EXP 09/21/203 | G6448L111 | — | 107,874 shares | $107,874 |
| NUVEEN REAL ASSET INCOME G | COM | 67074Y105 | — | 10,000 shares | $107,700 |
| GENERAL CATALYST GBL RESIL M | W EXP 04/13/203 | G3793T120 | — | 175,000 shares | $105,000 |
| ART TECHNOLOGY ACQUISITION C | W EXP 12/19/203 | G0579E111 | — | 338,240 shares | $104,854 |
| QUANTUM LEAP ACQUISITION COR | W EXP 03/11/202 | G73167127 | — | 942,398 shares | $94,240 |
| EUREKA ACQUISITION CORP | RIGHT 07/03/2027 | G32168125 | — | 225,647 shares | $92,515 |
| NEW PROVIDENCE ACQUISITION C | W EXP 04/24/203 | G6476A110 | — | 446,796 shares | $89,359 |
| HIGH INCOME SECS FD | SHS BEN INT | 42968F108 | — | 16,617 shares | $85,744 |
| X3 ACQUISITION CORP LTD | W EXP 12/19/203 | G9831H119 | — | 409,649 shares | $81,930 |
| GORES HLDGS X INC | W EXP 05/02/203 | G4002F125 | — | 146,954 shares | $80,825 |
| INFLECTION PT ACQUISIT CORP | W EXP 03/03/203 | G4790S115 | — | 103,653 shares | $76,703 |
| METALS ACQUISITION CORP II | W EXP 06/30/203 | G60420117 | — | 73,399 shares | $71,931 |
| PERIMETER ACQUISITION CORP I | W EXP 05/13/203 | G7010A111 | — | 116,818 shares | $70,091 |
| CAL REDWOOD ACQUISITION CORP | RIGHT 05/15/2030 | G17564116 | — | 453,835 shares | $68,075 |
| PYROPHYTE ACQUISITION CORP. | W EXP 07/30/203 | G7309T110 | — | 259,363 shares | $67,434 |
| ARS PHARMACEUTICALS INC | COM | 82835W108 | CALL | 15,000 shares | $64,650 |
| HALL CHADWICK ACQUISITION CO | RIGHT 11/20/2030 | G42386113 | — | 261,338 shares | $60,108 |
| D BORAL ACQUISITION I CORP | W EXP 01/30/203 | G2616T119 | — | 189,922 shares | $58,876 |
| AMR RES ACQUISITION CORP | W EXP 06/26/203 | G03456111 | — | 250,000 shares | $57,500 |
| COLUMBUS CIRCLE CAP CORP III | W EXP 05/26/203 | G2296W119 | — | 175,019 shares | $56,006 |
| GENERAL PURP ACQUISITION COR | W EXP 12/03/203 | G3810N114 | — | 247,150 shares | $54,373 |
| ONEIM ACQUISITION CORP | W EXP 01/07/203 | G6S74K114 | — | 89,093 shares | $54,347 |
| AIR WATER VENTURES LTD | ORD SHS | G0180H107 | — | 31,338 shares | $53,275 |
| TALON CAP CORP | W EXP 08/27/203 | G86652123 | — | 121,793 shares | $52,371 |
| PELOTON INTERACTIVE INC | CL A COM | 70614W100 | CALL | 10,000 shares | $49,900 |
| KEYSTONE ACQUISITION CORP | W EXP 05/28/203 | G52539122 | — | 150,000 shares | $48,000 |
| ALDEL FINL II INC | W EXP 09/26/203 | G01558124 | — | 206,764 shares | $47,556 |
| ALUSSA ENERGY ACQUISIT CORP | W EXP 99/99/999 | G0233J118 | — | 116,666 shares | $46,666 |
| RITHM ACQUISITION CORP | W EXP 99/99/999 | G75751118 | — | 116,000 shares | $46,400 |
| SIM ACQUISITION CORP. I | W EXP 06/01/203 | G8431T119 | — | 265,272 shares | $45,096 |
| SIZZLE ACQUISITION CORP. II | RIGHT 04/02/2030 | G8193F133 | — | 333,041 shares | $43,295 |
| CENTURION ACQUISITION CORP | W EXP 05/31/203 | G20315118 | — | 205,918 shares | $43,243 |
| BLEICHROEDER ACQUISITION COR | W EXP 07/07/203 | G1170M114 | — | 47,006 shares | $42,305 |
| CHURCHILL CAP CORP XII | W EXP 04/02/203 | G2131M110 | — | 21,963 shares | $41,730 |
| GRAF GLOBAL CORP | W EXP 05/31/203 | G4036C122 | — | 138,827 shares | $41,648 |
| JENA ACQUISITION CORP II | RIGHT 03/31/2030 | G5093B113 | — | 312,735 shares | $40,656 |
| SUMA ACQUISITION CORP | RIGHT 03/05/2031 | G8557R111 | — | 176,300 shares | $40,549 |
| SPACE ASSET ACQUISITION CORP | W EXP 03/31/203 | G8375S119 | — | 85,438 shares | $40,156 |
| RENATUS TACTICAL ACQUIS | W EXP 05/15/203 | G7490F127 | — | 72,047 shares | $38,905 |
| NEWHOLD INVTS CORP IV | W EXP 04/14/203 | G6486G115 | — | 83,333 shares | $38,333 |
| ZEO ENERGY CORP | W EXP 03/13/202 | 98944F117 | — | 1,277,536 shares | $38,326 |
| KRAKACQUISITION CORPORATION | W EXP 12/23/203 | G5315G114 | — | 100,000 shares | $37,000 |
| STELLAR V CAP CORP | W EXP 10/15/202 | G8475V111 | — | 157,511 shares | $36,228 |
| M EVO GBL ACQUISITION CORP I | W EXP 02/18/203 | G6071J110 | — | 118,232 shares | $34,287 |
| GCT SEMICONDUCTOR HLDG INC | W EXP 03/01/202 | 36170N115 | — | 106,441 shares | $34,061 |
| VIKING ACQUISITION CORP II | W EXP 99/99/999 | G9601D124 | — | 102,056 shares | $33,678 |
| BLUE ACQUISITION CORP. | RIGHT 06/11/2030 | G1331A116 | — | 68,255 shares | $33,445 |
| PINNACLE ACQUISITION CORP | RIGHT 03/31/2033 | G7115W117 | — | 300,000 shares | $33,000 |
| IRENIC ACQUISITION CORP | W EXP 04/10/203 | G4939F123 | — | 83,333 shares | $31,667 |
| CH4 NATURAL SOLUTIONS CORP | W EXP 12/22/203 | G2104X119 | — | 121,744 shares | $31,653 |
| NORTHSTRIVE ACQUISITION CORP | RIGHT 08/01/2029 | G6659W145 | — | 225,000 shares | $31,500 |
| FOLD HLDGS INC | W EXP 02/14/203 | 29103K118 | — | 380,780 shares | $30,462 |
| MERCATOR ACQUISITION CORP | W EXP 04/13/203 | G6004M115 | — | 100,000 shares | $30,000 |
| OAKTREE ACQUISITION CORP III | W EXP 09/01/203 | G6717R112 | — | 40,369 shares | $28,258 |
| REPUBLIC DIGITAL ACQUISITION | W EXP 05/01/203 | G7515A129 | — | 121,067 shares | $27,845 |
| ARES ACQUISITION CORP III | W EXP 99/99/999 | G3303U120 | — | 42,633 shares | $27,285 |
| COLOMBIER ACQUISITION CORP I | W EXP 12/31/203 | G2284A111 | — | 50,400 shares | $27,216 |
| NEUBERGER R/EST SECS INC FD | COM | 64190A103 | — | 10,400 shares | $27,040 |
| CATALYST ACQUISITION CORP | RIGHT 07/28/2031 | G1955J112 | — | 150,000 shares | $27,000 |
| TRG LATIN AMER ACQUIS CORP | RIGHT 02/20/2031 | G9037S117 | — | 200,000 shares | $26,000 |
| AMERICAN DRIVE ACQUISITION C | W EXP 02/06/203 | G0R91M113 | — | 76,149 shares | $25,129 |
| FUTURECORP SPACE ACQUISITION | W EXP 01/31/203 | G37307116 | — | 50,000 shares | $25,000 |
| GORES HOLDINGS XI INC | W EXP 06/24/203 | G40008115 | — | 50,000 shares | $25,000 |
| SAFEGUARD ACQUISITION CORP | W EXP 99/99/999 | G77676115 | — | 50,000 shares | $25,000 |
| BLUE WTR ACQUISITION CORP IV | W EXP 08/09/203 | G1368A112 | — | 99,800 shares | $24,950 |
| LAUNCH TWO ACQUISITION CORP. | W EXP 10/09/202 | G5S87A113 | — | 188,474 shares | $24,502 |
| YORKVILLE INTL CAP CORP | W EXP 06/11/203 | G98665113 | — | 66,666 shares | $24,000 |