K2 Principal Fund

K2 Principal Fund as of Dec. 31, 2022

Portfolio Holdings for K2 Principal Fund

K2 Principal Fund holds 222 positions in its portfolio as reported in the December 2022 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Ishares Tr 20 Yr Tr Bd Etf Call Option (TLT) 12.0 $79M 796k 99.56
Bk Nova Cad Call Option (BNS) 8.0 $53M 791k 66.34
San Juan Basin Rty Tr Unit Ben Int (SJT) 4.2 $28M 2.4M 11.42
Hertz Global Hldgs Com New (HTZ) 4.0 $26M 1.7M 15.39
Silverback Therapeutics (SPRY) 3.7 $25M 2.9M 8.53
Ci Financial Corp (CIXXF) 3.4 $22M 2.2M 9.97
Mr Cooper Group 3.1 $20M 507k 40.13
Freeport-mcmoran CL B Call Option (FCX) 2.5 $16M 432k 38.00
Atlas Air Worldwide Hldgs In Note 1.875 6/0 (Principal) 2.2 $15M 8.7k 1669.90
Dropbox Note 3/0 (Principal) 2.1 $14M 15k 910.06
Wisdomtree Note 4.250 6/1 (Principal) 2.0 $13M 12k 1049.19
Splunk Note 0.500 9/1 (Principal) 1.9 $13M 13k 966.94
Doordash Cl A Call Option (DASH) 1.7 $12M 235k 48.82
Monster Beverage Corp (MNST) 1.7 $11M 108k 101.53
Nutanix Note 0.25010/0 (Principal) 1.7 $11M 13k 841.39
Ishares Gold Tr Ishares New Call Option (IAU) 1.6 $10M 300k 34.59
Seritage Growth Pptys Cl A (SRG) 1.5 $9.9M 834k 11.83
U Haul Holding Company Com Ser N (UHAL.B) 1.5 $9.7M 177k 54.98
Spotify Usa Note 3/1 (Principal) 1.5 $9.7M 12k 809.28
Target Corporation Call Option (TGT) 1.3 $8.3M 56k 149.04
Ishares Tr Iboxx Hi Yd Etf Put Option (HYG) 1.2 $8.1M 110k 73.63
1life Healthcare Note 3.000 6/1 (Principal) 1.2 $7.9M 8.2k 968.74
Summit Hotel Pptys Note 1.500 2/1 (Principal) 1.1 $7.2M 8.4k 859.28
Shaw Communications Cl B Conv 1.1 $7.0M 245k 28.77
Two Hbrs Invt Corp (TWO) 1.1 $6.9M 440k 15.77
Tripadvisor Note 0.250 4/0 (Principal) 1.1 $6.9M 8.5k 814.17
Ringcentral Note 3/0 (Principal) 1.0 $6.7M 7.8k 863.18
Ritchie Bros. Auctioneers Inco Call Option 1.0 $6.4M 110k 57.83
Pagerduty Note 1.250 7/0 (Principal) 0.9 $6.1M 6.0k 1019.13
Ishares Tr 3 7 Yr Treas Bd Put Option (IEI) 0.9 $5.7M 50k 114.89
SSR MNG Note 2.500 4/0 (Principal) 0.9 $5.6M 5.0k 1128.67
Revolve Group Cl A (RVLV) 0.8 $5.5M 246k 22.26
Pebblebrook Hotel Tr Note 1.75012/1 (Principal) 0.8 $5.2M 6.3k 830.57
Store Capital Corp reit 0.8 $5.1M 158k 32.06
United States Steel Corporation Call Option 0.7 $4.9M 195k 25.05
Peloton Interactive Cl A Com Call Option (PTON) 0.7 $4.8M 607k 7.94
Sierra Wireless 0.7 $4.8M 164k 28.98
Wayfair Note 1.12511/0 (Principal) 0.6 $4.2M 5.0k 848.57
Arcelormittal Sa Luxembourg Ny Registry Sh Call Option (MT) 0.6 $4.2M 160k 26.22
Wayfair Cl A Call Option (W) 0.6 $3.9M 119k 32.89
Spirit Airls Note 1.000 5/1 (Principal) 0.6 $3.9M 4.8k 808.19
Inspire Med Sys (INSP) 0.6 $3.8M 15k 251.88
Yamana Gold 0.6 $3.7M 674k 5.55
Redwood Trust (RWT) 0.6 $3.6M 538k 6.76
Churchill Capital Corp Vii Com Cl A (CVII) 0.5 $3.6M 360k 9.97
Peloton Interactive Note 2/1 (Principal) 0.5 $3.6M 5.0k 711.90
Franco-Nevada Corporation Call Option (FNV) 0.5 $3.4M 25k 136.48
Uber Technologies Note 12/1 (Principal) 0.5 $3.4M 4.0k 843.91
Churchill Capital Corp Vi Com Cl A 0.5 $3.3M 333k 9.99
First Horizon National Corporation (FHN) 0.5 $3.1M 127k 24.50
Nabors Industries SH Put Option (NBR) 0.5 $3.1M 20k 154.87
PNM Resources (TXNM) 0.4 $2.9M 60k 48.79
South Jersey Industries 0.4 $2.9M 81k 35.53
Pennymac Financial Services (PFSI) 0.4 $2.8M 50k 56.66
Marathon Petroleum Corp Call Option (MPC) 0.4 $2.6M 23k 116.39
Mason Industrial Technolgy I Com Cl A 0.4 $2.6M 259k 9.99
Nevro Call Option (NVRO) 0.4 $2.6M 65k 39.60
Cleveland-cliffs Call Option (CLF) 0.4 $2.6M 160k 16.11
Ambev Sa Sponsored Adr (ABEV) 0.4 $2.6M 938k 2.72
Pivotal Investment Corp Iii Com Cl A 0.4 $2.5M 250k 10.12
Alcoa Call Option (AA) 0.4 $2.5M 55k 45.47
Rivian Automotive Com Cl A Call Option (RIVN) 0.4 $2.4M 132k 18.43
Pharmacyte Biotech Com New (PMCB) 0.3 $2.1M 732k 2.93
Vmware Cl A Com 0.3 $2.1M 17k 122.76
First Majestic Silver Corp Call Option (AG) 0.3 $2.1M 255k 8.34
Invesco Exch Traded Fd Tr Ii Sr Ln Etf Put Option (BKLN) 0.3 $2.1M 100k 20.53
Coinbase Global Com Cl A Call Option (COIN) 0.3 $2.1M 58k 35.39
Spirit Airlines 0.3 $2.0M 105k 19.48
Indus Realty Trust 0.3 $2.0M 31k 63.49
Royal Caribbean Cruises Call Option (RCL) 0.3 $1.9M 38k 49.43
Solid Biosciences Com New (SLDB) 0.3 $1.8M 342k 5.38
Maxar Technologies 0.3 $1.8M 36k 51.74
Northern Star Invest Corp Ii Com Cl A (NSTC) 0.3 $1.8M 179k 10.05
Lyft Note 1.500 5/1 (Principal) 0.3 $1.8M 2.0k 878.97
Etf Ser Solutions Us Glb Jets (JETS) 0.2 $1.5M 90k 17.08
Amer Call Option (UHAL) 0.2 $1.5M 25k 60.19
Toll Brothers Call Option (TOL) 0.2 $1.5M 30k 49.92
Kinross Gold Corp Call Option (KGC) 0.2 $1.4M 350k 4.09
Freshpet Put Option (FRPT) 0.2 $1.4M 27k 52.77
Mclaren Technology Acq Corp Class A Com 0.2 $1.3M 124k 10.21
Alphavest Acquisition Corp Unit 06/19/2024 (ATMVU) 0.2 $1.3M 125k 10.10
Fortuna Silver Mines Call Option 0.2 $1.2M 324k 3.75
Bgc Partners Cl A 0.2 $1.2M 317k 3.77
Cibc Cad Call Option (CM) 0.2 $1.2M 22k 54.77
Affirm Hldgs Com Cl A Call Option (AFRM) 0.2 $1.1M 113k 9.67
Draftkings Com Cl A Call Option (DKNG) 0.2 $1.0M 90k 11.39
Americas Gold And Silver Cor (USAS) 0.2 $1.0M 1.8M 0.57
Focus Finl Partners Com Cl A Call Option 0.1 $980k 26k 37.27
LSB Industries Call Option (LXU) 0.1 $931k 70k 13.30
Cowen Cl A New 0.1 $881k 23k 38.62
C3 Ai Cl A (AI) 0.1 $873k 78k 11.19
stock Call Option 0.1 $861k 10k 86.09
Northern Star Invstmnt Corp Com Class A (NSTB) 0.1 $785k 78k 10.02
Rf Acquisition Corp Class A Com 0.1 $777k 77k 10.11
Activision Blizzard 0.1 $774k 10k 76.55
Iaa 0.1 $769k 19k 40.00
Semtech Corporation (SMTC) 0.1 $767k 27k 28.69
Carnival Corp Common Stock Call Option (CCL) 0.1 $766k 95k 8.06
Acuityads Hldgs 0.1 $763k 499k 1.53
Summit Hotel Properties Call Option (INN) 0.1 $756k 105k 7.22
Epiphany Technology Acquisit Com Cl A 0.1 $754k 75k 10.01
Annexon (ANNX) 0.1 $753k 146k 5.17
Cushman Wakefield SH Call Option (CWK) 0.1 $723k 58k 12.46
Wingstop Put Option (WING) 0.1 $688k 5.0k 137.62
Bite Acquisition Corp Common Stock (BITE) 0.1 $663k 66k 10.07
Orthofix Medical (OFIX) 0.1 $652k 32k 20.53
Westrock Coffee (WEST) 0.1 $626k 94k 6.68
Tlg Acquisition One Corp Com Cl A 0.1 $613k 60k 10.18
Ringcentral Cl A Call Option (RNG) 0.1 $602k 17k 35.40
Solitario Expl & Rty Corp (XPL) 0.1 $577k 930k 0.62
Camping World Hldgs Cl A Call Option (CWH) 0.1 $558k 25k 22.32
Ares Management Corporation Cl A Com Stk Call Option (ARES) 0.1 $548k 8.0k 68.44
Carvana Cl A Call Option (CVNA) 0.1 $542k 114k 4.74
Horizon Acquisition Corporat W Exp 10/19/202 0.1 $535k 1.3M 0.41
Phillips 66 Call Option (PSX) 0.1 $520k 5.0k 104.08
Aurora Cannabis 0.1 $506k 550k 0.92
Poshmark Com Cl A 0.1 $479k 27k 17.88
Beyond Meat Call Option (BYND) 0.1 $460k 37k 12.31
Magnachip Semiconductor Corp Call Option (MX) 0.1 $445k 47k 9.39
Silicon Motion Technology Sponsored Adr (SIMO) 0.1 $430k 6.6k 64.99
Aerojet Rocketdy 0.1 $427k 7.6k 55.93
Duolingo Cl A Com Call Option (DUOL) 0.1 $356k 5.0k 71.13
Piedmont Lithium Call Option 0.0 $321k 7.3k 44.02
Belong Acquisition Corp Class A Com 0.0 $317k 32k 9.87
Western Acquisition Ventures (CYCU) 0.0 $287k 28k 10.18
Black Diamond Therapeutics (BDTX) 0.0 $285k 158k 1.80
Khosla Ventures Acquisition Cl A 0.0 $237k 24k 9.97
Northern Star Invest Corp Iv Com Cl A (NSTD) 0.0 $232k 23k 10.05
Maverix Metals Com New 0.0 $223k 48k 4.68
Seaspine Holdings 0.0 $223k 27k 8.35
Digital Realty Trust Put Option (DLR) 0.0 $221k 2.2k 100.27
Virgin Galactic Holdings Inc virgin galactic holdings Call Option 0.0 $217k 62k 3.48
Nano Dimension Sponsord Ads New (NNDM) 0.0 $196k 85k 2.30
Flame Acquisition Corp W Exp 02/26/202 0.0 $185k 284k 0.65
Pasithea Therapeutics Corp 0.0 $181k 282k 0.64
Roth Ch Acquisition Iv W Exp 07/01/202 0.0 $170k 791k 0.21
Mountain Crest Acqsitn Corp Right 08/30/2022 (MCAGR) 0.0 $164k 985k 0.17
Khosla Ventures Acqut Co Iii Com Cl A 0.0 $138k 14k 9.96
Agrofresh Solutions 0.0 $130k 44k 2.96
The Valens Company Com New 0.0 $129k 196k 0.66
Roc Energy Acquisition Corp Right 11/30/2028 0.0 $128k 750k 0.17
Phoenix Biotech Acquisition Class A Com 0.0 $124k 12k 10.26
Seaport Calibre Matls Acquis Class A Com 0.0 $118k 12k 10.23
Hnr Acquisition Corp (EONR) 0.0 $111k 11k 10.24
M3 Brigade Acquisition Iii W Exp 07/31/202 (MBSC.WS) 0.0 $95k 238k 0.40
Graphite Bio 0.0 $94k 28k 3.32
Viveon Health Acquisition Right 12/31/2025 0.0 $94k 723k 0.13
Wag Group Common Stock 0.0 $92k 60k 1.54
Mount Rainier Acquisition W Exp 11/27/202 0.0 $90k 500k 0.18
Lumos Pharma 0.0 $57k 16k 3.61
Model Performance Acqu Corp Right 04/29/2026 0.0 $56k 103k 0.54
Viveon Health Acquisition W Exp 99/99/999 0.0 $55k 1.1M 0.05
Selina Hospitality Ordinary Shares (SLNAF) 0.0 $50k 186k 0.27
Arisz Acquisition Corp Right 99/99/9999 0.0 $47k 541k 0.09
Winvest Acquisition Corp Right 99/99/9999 (WINVR) 0.0 $46k 631k 0.07
Vizsla Silver Corp Com New 0.0 $46k 40k 1.14
Energem Corp W Exp 11/15/202 0.0 $41k 528k 0.08
Gardiner Healthcare Acqts W Exp 07/30/202 0.0 $40k 421k 0.09
Axios Sustainable Grw Acq Right 99/99/9999 0.0 $38k 500k 0.07
Mountain Crest Acqstn Corp I Right 05/14/2026 0.0 $35k 440k 0.08
Accretion Acquisition Corp Right 03/01/2028 0.0 $35k 500k 0.07
Chavant Capital Acquisitn W Exp 99/99/999 0.0 $33k 369k 0.09
Jupiter Wellness Acquisition Right 12/31/2028 0.0 $31k 615k 0.05
Global Systems Dynamics W Exp 04/01/202 0.0 $30k 597k 0.05
Goal Acquisitions Corp W Exp 02/11/202 (PUCKW) 0.0 $30k 634k 0.05
Blockchain Moon Acquisitn Right 10/14/2026 0.0 $29k 792k 0.04
Bannix Acquisition Corp Right 07/31/2026 (BNIXR) 0.0 $26k 300k 0.09
Deep Medicine Acquisition Right 09/30/2028 0.0 $21k 355k 0.06
Prosomnus W Exp 04/20/202 (OSPWQ) 0.0 $21k 266k 0.08
Globalink Invt Right 12/06/2026 (GLLIR) 0.0 $20k 400k 0.05
Maxpro Capital Acquisitn Cor W Exp 09/27/202 0.0 $18k 325k 0.06
Gigcapital 5 W Exp 03/28/202 0.0 $17k 483k 0.04
Abri Spac I W Exp 09/18/202 0.0 $16k 328k 0.05
Aesther Healthcare Acqstn W Exp 09/14/202 0.0 $16k 105k 0.15
Liv Capital Acquisitn Corp I W Exp 02/07/202 0.0 $16k 283k 0.06
Mountain Crest Acqusitn Crp Right 06/29/2026 0.0 $15k 216k 0.07
Nova Vision Acquisition Corp Right 12/23/2023 (NOVVR) 0.0 $15k 264k 0.06
Avalon Acquisition W Exp 12/31/202 0.0 $15k 227k 0.07
Blockchain Moon Acquisitn W Exp 10/14/202 0.0 $14k 704k 0.02
Monterey Bio Acquisition Cor W Exp 10/05/202 0.0 $13k 400k 0.03
Roth Ch Acquisition V W Exp 12/10/202 0.0 $13k 337k 0.04
Data Knights Acquisition Cor W Exp 11/11/202 0.0 $12k 335k 0.03
Winvest Acquisition Corp W Exp 08/09/202 (WINVW) 0.0 $10k 588k 0.02
Ciig Capital Partners Ii W Exp 02/28/202 0.0 $9.5k 118k 0.08
10x Cap Venture Acqstn Corp W Exp 04/19/202 0.0 $8.9k 135k 0.07
Black Mountain Acq Corp W Exp 10/15/202 0.0 $8.4k 228k 0.04
Rose Hill Acquisition Corp W Exp 10/07/202 0.0 $8.1k 100k 0.08
Tradeup Acquisition Corp W Exp 10/15/202 0.0 $7.0k 134k 0.05
Cf Acquisition Corp Viii W Exp 03/31/202 0.0 $6.9k 246k 0.03
Seaport Calibre Matls Acquis W Exp 10/28/202 0.0 $6.8k 194k 0.04
Good Wks Ii Acquisition Corp W Exp 02/01/202 0.0 $6.3k 88k 0.07
Monterey Cap Acquisition Cor W Exp 01/01/202 (MCACW) 0.0 $6.3k 165k 0.04
Lionheart Iii Corp W Exp 11/09/202 0.0 $5.8k 223k 0.03
Cf Acquisition Corp Iv W Exp 12/31/202 0.0 $5.7k 74k 0.08
Altitude Acquisition Corp W Exp 11/30/202 0.0 $5.3k 91k 0.06
International Media Acquisit Right 99/99/9999 (IMAQR) 0.0 $5.3k 76k 0.07
Northview Acquisition Corp W Exp 08/02/202 (NVACW) 0.0 $5.1k 144k 0.04
Accretion Acquisition Corp W Exp 03/01/202 0.0 $5.0k 267k 0.02
Tristar Acquisition I Corp W Exp 99/99/999 (TRIS.WS) 0.0 $4.6k 182k 0.03
Cardio Diagnostics Holdgs In W Exp 12/01/202 (CDIOW) 0.0 $4.6k 93k 0.05
American Acquisition Oppt In W Exp 05/28/202 (RMCOW) 0.0 $4.5k 223k 0.02
Globalink Invt W Exp 12/03/202 (GLLIW) 0.0 $4.4k 400k 0.01
International Media Acquisit W Exp 07/21/202 (IMAQW) 0.0 $4.1k 129k 0.03
Sportsmap Tech Acquisitin W Exp 09/01/202 0.0 $4.1k 372k 0.01
Heartland Media Acquisition W Exp 99/99/999 0.0 $4.0k 117k 0.03
Biotech Acquisition Company W Exp 11/30/202 0.0 $3.9k 61k 0.06
Tortoiseecofin Acquisition C W Exp 07/22/202 (TRTL.WS) 0.0 $3.6k 18k 0.20
Getaround W Exp 03/09/202 (GETRW) 0.0 $3.1k 68k 0.05
Bannix Acquisition Corp W Exp 07/31/202 (BNIXW) 0.0 $3.0k 300k 0.01
Vision Sensing Acquisition C W Exp 10/21/202 (VSACW) 0.0 $3.0k 74k 0.04
Northern Star Invstmnt Corp W Exp 01/31/202 0.0 $2.2k 34k 0.06
Green Visor Fin Tec Acq Corp W Exp 10/27/202 0.0 $2.2k 219k 0.01
The Growth For Good Acqu Cor W Exp 11/12/202 0.0 $1.7k 45k 0.04
Pyrophyte Acquisition Corp W Exp 05/03/202 (PHYWF) 0.0 $1.5k 20k 0.07
Consilium Acquisitn Corp I L W Exp 06/01/202 (CSLWF) 0.0 $1.4k 46k 0.03
Nova Vision Acquisition Corp W Exp 12/31/202 (NOVVW) 0.0 $1.3k 261k 0.01
Altenergy Acquisition Corp W Exp 10/29/202 (AEAEW) 0.0 $1.3k 13k 0.10
Blue World Acquisition Corp W Exp 01/10/202 (BWAQW) 0.0 $1.2k 478k 0.00
Northern Star Invest Corp Iv W Exp 02/25/202 (NSTDW) 0.0 $977.155400 42k 0.02
Jupiter Acquisition Corp W Exp 08/17/202 0.0 $624.107000 114k 0.01
Emerging Markets Horizon Cor W Exp 11/16/202 0.0 $548.200000 110k 0.01
Mclaren Technology Acq Corp W Exp 11/01/202 0.0 $525.000000 105k 0.01