Filed: 2/10/2023ACC: 0001461790-23-000008
📋 What this filing means
K2 PRINCIPAL FUND, L.P. filed this quarterly 13F‑HR report disclosing 222 equity positions with a total reported market value of $658.10M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
222
Positions
$658.10M
Total AUM (reported)
55.58M
Total Shares
Allocation by class
COM$235.82M35.8%
20 YR TR BD ETF$79.21M12.0%
CL A$34.74M5.3%
COM NEW$30.54M4.6%
UNIT BEN INT$27.85M4.2%
COM CL A$23.64M3.6%
NOTE 3/0$20.25M3.1%
Portfolio Concentration
Top 3$153.74M23.4%
4–10$143.33M21.8%
11–25$144.08M21.9%
Rest$216.96M33.0%
Top 3 weight
23.4%
Top 10 weight
45.1%
Voting Authority Distribution
Total shares with voting rights: 55.58M
Sole
Full voting authority
55.58M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole222
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings222
Rows:
ISHARES TR
SOLEShares795.60K
TypeSH
Market value$79.21M
12.04%
Sole
795.60K
Shared
0.00
None
0.00
BANK NOVA SCOTIA HALIFAX
SOLEShares790.75K
TypeSH
Market value$45.56M
6.92%
Sole
790.75K
Shared
0.00
None
0.00
CI FINL CORP
SOLEShares2.22M
TypeSH
Market value$28.97M
4.40%
Sole
2.22M
Shared
0.00
None
0.00
SAN JUAN BASIN RTY TR
SOLEShares2.44M
TypeSH
Market value$27.85M
4.23%
Sole
2.44M
Shared
0.00
None
0.00
HERTZ GLOBAL HLDGS INC
SOLEShares1.70M
TypeSH
Market value$26.16M
3.97%
Sole
1.70M
Shared
0.00
None
0.00
ARS PHARMACEUTICALS INC
SOLEShares2.87M
TypeSH
Market value$24.50M
3.72%
Sole
2.87M
Shared
0.00
None
0.00
MR COOPER GROUP INC
SOLEShares507.34K
TypeSH
Market value$20.36M
3.09%
Sole
507.34K
Shared
0.00
None
0.00
FREEPORT-MCMORAN INC
SOLEShares432.20K
TypeSH
Market value$16.42M
2.50%
Sole
432.20K
Shared
0.00
None
0.00
ATLAS AIR WORLDWIDE HLDGS IN
SOLEShares8.69K
TypePRN
Market value$14.51M
2.21%
Sole
8.69K
Shared
0.00
None
0.00
DROPBOX INC
SOLEShares14.86K
TypePRN
Market value$13.52M
2.05%
Sole
14.86K
Shared
0.00
None
0.00
WISDOMTREE INC
SOLEShares12.25K
TypePRN
Market value$12.85M
1.95%
Sole
12.25K
Shared
0.00
None
0.00
SPLUNK INC
SOLEShares13.06K
TypePRN
Market value$12.63M
1.92%
Sole
13.06K
Shared
0.00
None
0.00
DOORDASH INC
SOLEShares235.20K
TypeSH
Market value$11.48M
1.74%
Sole
235.20K
Shared
0.00
None
0.00
MONSTER BEVERAGE CORP NEW
SOLEShares108.33K
TypeSH
Market value$11.00M
1.67%
Sole
108.33K
Shared
0.00
None
0.00
NUTANIX INC
SOLEShares13K
TypePRN
Market value$10.94M
1.66%
Sole
13K
Shared
0.00
None
0.00
ISHARES GOLD TR
SOLEShares300K
TypeSH
Market value$10.38M
1.58%
Sole
300K
Shared
0.00
None
0.00
SERITAGE GROWTH PPTYS
SOLEShares833.62K
TypeSH
Market value$9.86M
1.50%
Sole
833.62K
Shared
0.00
None
0.00
U HAUL HOLDING COMPANY
SOLEShares176.88K
TypeSH
Market value$9.72M
1.48%
Sole
176.88K
Shared
0.00
None
0.00
SPOTIFY USA INC
SOLEShares12K
TypePRN
Market value$9.71M
1.48%
Sole
12K
Shared
0.00
None
0.00
TARGET CORP
SOLEShares56K
TypeSH
Market value$8.35M
1.27%
Sole
56K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares110K
TypeSH
Market value$8.10M
1.23%
Sole
110K
Shared
0.00
None
0.00
1LIFE HEALTHCARE INC
SOLEShares8.15K
TypePRN
Market value$7.90M
1.20%
Sole
8.15K
Shared
0.00
None
0.00
SUMMIT HOTEL PPTYS
SOLEShares8.38K
TypePRN
Market value$7.20M
1.09%
Sole
8.38K
Shared
0.00
None
0.00
SHAW COMMUNICATIONS INC
SOLEShares244.80K
TypeSH
Market value$7.04M
1.07%
Sole
244.80K
Shared
0.00
None
0.00
TWO HBRS INVT CORP
SOLEShares439.46K
TypeSH
Market value$6.93M
1.05%
Sole
439.46K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ISHARES TRSOLE | 20 YR TR BD ETF | 795.60K | SH | $79.21M 12.04% | 795.60K | 0.00 | 0.00 |
BANK NOVA SCOTIA HALIFAXSOLE | COM | 790.75K | SH | $45.56M 6.92% | 790.75K | 0.00 | 0.00 |
CI FINL CORPSOLE | COM | 2.22M | SH | $28.97M 4.40% | 2.22M | 0.00 | 0.00 |
SAN JUAN BASIN RTY TRSOLE | UNIT BEN INT | 2.44M | SH | $27.85M 4.23% | 2.44M | 0.00 | 0.00 |
HERTZ GLOBAL HLDGS INCSOLE | COM NEW | 1.70M | SH | $26.16M 3.97% | 1.70M | 0.00 | 0.00 |
ARS PHARMACEUTICALS INCSOLE | COM | 2.87M | SH | $24.50M 3.72% | 2.87M | 0.00 | 0.00 |
MR COOPER GROUP INCSOLE | COM | 507.34K | SH | $20.36M 3.09% | 507.34K | 0.00 | 0.00 |
FREEPORT-MCMORAN INCSOLE | CL B | 432.20K | SH | $16.42M 2.50% | 432.20K | 0.00 | 0.00 |
ATLAS AIR WORLDWIDE HLDGS INSOLE | NOTE 1.875 6/0 | 8.69K | PRN | $14.51M 2.21% | 8.69K | 0.00 | 0.00 |
DROPBOX INCSOLE | NOTE 3/0 | 14.86K | PRN | $13.52M 2.05% | 14.86K | 0.00 | 0.00 |
WISDOMTREE INCSOLE | NOTE 4.250 6/1 | 12.25K | PRN | $12.85M 1.95% | 12.25K | 0.00 | 0.00 |
SPLUNK INCSOLE | NOTE 0.500 9/1 | 13.06K | PRN | $12.63M 1.92% | 13.06K | 0.00 | 0.00 |
DOORDASH INCSOLE | CL A | 235.20K | SH | $11.48M 1.74% | 235.20K | 0.00 | 0.00 |
MONSTER BEVERAGE CORP NEWSOLE | COM | 108.33K | SH | $11.00M 1.67% | 108.33K | 0.00 | 0.00 |
NUTANIX INCSOLE | NOTE 0.25010/0 | 13K | PRN | $10.94M 1.66% | 13K | 0.00 | 0.00 |
ISHARES GOLD TRSOLE | ISHARES NEW | 300K | SH | $10.38M 1.58% | 300K | 0.00 | 0.00 |
SERITAGE GROWTH PPTYSSOLE | CL A | 833.62K | SH | $9.86M 1.50% | 833.62K | 0.00 | 0.00 |
U HAUL HOLDING COMPANYSOLE | COM SER N | 176.88K | SH | $9.72M 1.48% | 176.88K | 0.00 | 0.00 |
SPOTIFY USA INCSOLE | NOTE 3/1 | 12K | PRN | $9.71M 1.48% | 12K | 0.00 | 0.00 |
TARGET CORPSOLE | COM | 56K | SH | $8.35M 1.27% | 56K | 0.00 | 0.00 |
ISHARES TRSOLE | IBOXX HI YD ETF | 110K | SH | $8.10M 1.23% | 110K | 0.00 | 0.00 |
1LIFE HEALTHCARE INCSOLE | NOTE 3.000 6/1 | 8.15K | PRN | $7.90M 1.20% | 8.15K | 0.00 | 0.00 |
SUMMIT HOTEL PPTYSSOLE | NOTE 1.500 2/1 | 8.38K | PRN | $7.20M 1.09% | 8.38K | 0.00 | 0.00 |
SHAW COMMUNICATIONS INCSOLE | CL B CONV | 244.80K | SH | $7.04M 1.07% | 244.80K | 0.00 | 0.00 |
TWO HBRS INVT CORPSOLE | COM | 439.46K | SH | $6.93M 1.05% | 439.46K | 0.00 | 0.00 |
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