K2 Principal Fund

K2 Principal Fund as of June 30, 2015

Portfolio Holdings for K2 Principal Fund

K2 Principal Fund holds 147 positions in its portfolio as reported in the June 2015 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Google Inc Class C 8.8 $49M 94k 520.53
Family Dollar Stores 6.5 $37M 463k 78.81
Directv 5.9 $33M 357k 92.79
PowerShares QQQ Trust, Series 1 5.0 $28M 260k 107.07
Associated Estates Realty Corporation 3.4 $19M 667k 28.63
MeadWestva 2.8 $16M 330k 47.19
Sigma-Aldrich Corporation 2.2 $12M 88k 139.34
LSB Industries (LXU) 2.2 $12M 297k 40.84
Palo Alto Networks (PANW) 2.0 $11M 65k 174.69
BGC Partners 2.0 $11M 1.3M 8.76
Staples 1.9 $11M 708k 15.31
Spdr S&p 500 Etf (SPY) 1.9 $11M 52k 205.90
Baker Hughes Incorporated 1.9 $11M 172k 61.70
Brink's Company (BCO) 1.9 $11M 359k 29.43
DealerTrack Holdings 1.6 $9.1M 145k 62.80
Harmony Merger 1.6 $8.9M 900k 9.85
ShoreTel 1.5 $8.2M 1.2M 6.79
Computer Sciences Corporation 1.4 $7.9M 120k 65.60
eBay (EBAY) 1.4 $7.7M 128k 60.24
Utilities SPDR (XLU) 1.3 $7.0M 170k 41.46
Broadcom Corporation 1.2 $6.4M 125k 51.49
Orbitz Worldwide 1.1 $6.4M 556k 11.42
Cyan 1.1 $6.2M 1.2M 5.24
Financial Select Sector SPDR (XLF) 1.1 $6.2M 254k 24.38
General Motors Company (GM) 1.1 $6.1M 183k 33.33
Harmony Merger Corp unit 99/99/9999 1.1 $6.1M 600k 10.16
Altera Corporation 1.1 $6.0M 118k 51.20
HCC Insurance Holdings 1.1 $5.8M 76k 76.84
Partner Re 1.0 $5.5M 43k 128.49
CF Industries Holdings (CF) 1.0 $5.5M 85k 64.28
Cypress Semiconductor Corporation 1.0 $5.4M 459k 11.77
Fidelity Natl Inc New Fnfv Group Com Isin #us31620r4020 0.9 $5.0M 328k 15.38
Amer (UHAL) 0.8 $4.7M 14k 326.93
Informatica Corporation 0.8 $4.7M 97k 48.47
Open Text Corp (OTEX) 0.8 $4.7M 115k 40.53
Susquehanna Bancshares 0.8 $4.3M 305k 14.12
TJX Companies (TJX) 0.7 $4.0M 61k 66.17
Cisco Systems (CSCO) 0.7 $3.9M 144k 27.47
Johnson & Johnson (JNJ) 0.7 $3.9M 40k 97.50
Allergan 0.7 $3.9M 13k 303.44
Lumenis Ltd shs cl b 0.7 $3.8M 277k 13.72
iShares Russell 1000 Growth Index (IWF) 0.6 $3.6M 36k 99.00
Nxp Semiconductors N V (NXPI) 0.6 $3.5M 36k 98.17
Audience 0.6 $3.5M 710k 4.89
NCR Corporation (VYX) 0.6 $3.2M 107k 30.10
Geeknet 0.6 $3.2M 160k 19.94
Comcast Corporation (CMCSA) 0.6 $3.1M 51k 60.14
CIGNA Corporation 0.6 $3.1M 19k 162.00
Mylan Nv 0.5 $3.0M 45k 67.87
Electrum Spl Acquisition Cor unit 99/99/9999 0.5 $3.0M 300k 10.02
Armstrong World Industries (AWI) 0.5 $2.9M 55k 53.28
Integrated Silicon Solution 0.5 $2.9M 130k 22.14
Micrel, Incorporated 0.5 $2.8M 202k 13.90
Winnebago Industries (WGO) 0.5 $2.7M 113k 23.60
Freescale Semiconductor Holdin 0.5 $2.7M 67k 39.98
Gp Invts Acquisition Cor unit 99/99/9999 0.5 $2.5M 250k 10.03
SPDR S&P Retail (XRT) 0.4 $2.5M 25k 98.68
Rock-Tenn Company 0.4 $2.3M 39k 60.20
Louisiana-Pacific Corporation (LPX) 0.4 $2.2M 127k 17.02
Office Depot 0.4 $2.1M 242k 8.66
Technology SPDR (XLK) 0.4 $2.1M 50k 41.40
Terrapin 3 Acquisition 0.4 $2.0M 201k 9.95
Ralph Lauren Corp (RL) 0.3 $1.9M 15k 132.40
Quinpario Acquisition Corp 2 0.3 $2.0M 200k 9.86
Microsoft Corporation (MSFT) 0.3 $1.9M 44k 44.16
Mohawk Industries (MHK) 0.3 $1.9M 10k 190.90
iShares Russell 2000 Index (IWM) 0.3 $1.9M 15k 124.87
Abbvie (ABBV) 0.3 $1.9M 28k 67.25
Bank of America Corporation (BAC) 0.3 $1.8M 107k 17.02
Carbonite 0.3 $1.9M 158k 11.81
Time Warner Cable 0.3 $1.8M 10k 178.20
Advent Software 0.3 $1.8M 41k 44.21
Pennsylvania R.E.I.T. 0.3 $1.8M 82k 21.34
Apple (AAPL) 0.3 $1.7M 13k 125.45
City National Corporation 0.3 $1.7M 19k 90.40
Masonite International (DOOR) 0.3 $1.7M 24k 70.11
Independence Contract Dril I 0.3 $1.7M 187k 8.87
Restaurant Brands Intl Inc Com equity / large cap (QSR) 0.3 $1.7M 44k 38.17
PMFG 0.3 $1.6M 248k 6.43
Gas Nat 0.3 $1.6M 158k 10.30
PacWest Ban 0.3 $1.5M 33k 46.75
Shire 0.3 $1.5M 6.3k 241.55
At&t (T) 0.3 $1.4M 40k 35.52
Direxion Shs Etf Tr daily gold miner 0.3 $1.5M 179k 8.11
Keycorp New pfd 7.75% sr a 0.2 $1.3M 9.6k 131.04
Macerich Company (MAC) 0.2 $1.2M 16k 74.63
Wl Ross Hldg 0.2 $1.2M 119k 10.41
CLICKSOFTWARE TECHNOLOGIES Ltd Com Stk 0.2 $1.2M 95k 12.57
iShares IBoxx $ Invest Grade Corp Bd (LQD) 0.2 $1.2M 10k 115.70
Market Vectors Semiconductor E 0.2 $1.1M 20k 54.55
Pangaea Logistics Solution L (PANL) 0.2 $1.1M 337k 3.23
iShares iBoxx $ High Yid Corp Bond (HYG) 0.2 $1.1M 12k 88.86
iGATE Corporation 0.2 $1.0M 22k 47.69
Atlantic Alliance Partner 0.2 $1.0M 100k 10.15
R.R. Donnelley & Sons Company 0.2 $959k 55k 17.44
Newmont Mining Corporation (NEM) 0.2 $913k 39k 23.40
SPDR Gold Trust (GLD) 0.2 $899k 8.0k 112.38
Marvell Technology Group 0.1 $844k 64k 13.19
Intuit (INTU) 0.1 $786k 7.8k 100.77
Catamaran 0.1 $768k 13k 61.04
Kraft Foods 0.1 $804k 9.4k 85.16
Blackstone 0.1 $707k 17k 40.87
Stamps 0.1 $714k 9.7k 73.52
Syngenta 0.1 $653k 8.0k 81.62
OmniVision Technologies 0.1 $656k 25k 26.19
Morgans Hotel 0.1 $604k 90k 6.74
Madison Square Garden 0.1 $626k 7.5k 83.47
Meadowbrook Insurance 0.1 $536k 62k 8.59
Thor Industries (THO) 0.1 $563k 10k 56.30
BHP Billiton (BHP) 0.1 $543k 13k 40.67
Quad/Graphics (QUAD) 0.1 $566k 31k 18.50
Bob Evans Farms 0.1 $511k 10k 51.10
Tekmira Pharmaceuticals Corporation 0.1 $506k 43k 11.87
Sonus Networ Ord 0.1 $489k 71k 6.92
Illumina (ILMN) 0.1 $437k 2.0k 218.50
Barrick Gold Corp (GOLD) 0.1 $373k 35k 10.66
Tyson Foods (TSN) 0.1 $384k 9.0k 42.67
Silver Wheaton Corp 0.1 $413k 24k 17.33
Trade Str Residential 0.1 $363k 55k 6.66
WESCO International (WCC) 0.1 $309k 4.5k 68.67
Mitel Networks Corp 0.1 $332k 38k 8.83
Omnicare 0.1 $283k 3.0k 94.33
Cheesecake Factory Incorporated (CAKE) 0.1 $267k 4.9k 54.49
Tor Dom Bk Cad (TD) 0.1 $255k 6.0k 42.50
Jazz Pharmaceuticals (JAZZ) 0.1 $281k 1.6k 175.84
Wl Ross Holding Corp wrt 0.1 $255k 255k 1.00
Harmony Merger Corp w exp 01/01/202 0.1 $252k 900k 0.28
Kinross Gold Corp (KGC) 0.0 $227k 98k 2.32
Franco-Nevada Corporation (FNV) 0.0 $238k 5.0k 47.60
United Sts Brent Oil Fd Lp unit (BNO) 0.0 $226k 10k 22.60
Fireeye 0.0 $245k 5.0k 49.00
Capitol Acquisition Corp Ii *w exp 05/15/201 0.0 $240k 102k 2.35
One Group Hospitality In (STKS) 0.0 $226k 54k 4.19
RadNet (RDNT) 0.0 $140k 21k 6.69
Coeur d'Alene Mines Corporation (CDE) 0.0 $185k 32k 5.72
Yrc Worldwide Inc Com par $.01 0.0 $143k 11k 13.00
Ringcentral (RNG) 0.0 $185k 10k 18.50
Roi Acquisition Corp Ii 0.0 $183k 18k 10.24
Hill International 0.0 $112k 21k 5.25
Approach Resources 0.0 $86k 13k 6.88
Cardiome Pharma 0.0 $128k 14k 9.43
Quinpario Acquisition Corp 2 *w exp 01/01/202 0.0 $120k 200k 0.60
Banco Santander (BSBR) 0.0 $54k 10k 5.40
Globalstar (GSAT) 0.0 $73k 35k 2.12
Yamana Gold 0.0 $45k 15k 3.00
Terrapin 3 Acquisition Corp *w exp 06/27/201 0.0 $60k 200k 0.30
Paramount Gold Nev (PZG) 0.0 $55k 36k 1.52