K2 Principal Fund

K2 Principal Fund as of Dec. 31, 2023

Portfolio Holdings for K2 Principal Fund

K2 Principal Fund holds 201 positions in its portfolio as reported in the December 2023 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Spdr Sp 500 Etf Tr Tr Unit Call Option (SPY) 21.2 $166M 350k 475.31
Ishares Gold Tr Ishares New Call Option (IAU) 3.1 $24M 618k 39.03
Silverback Therapeutics Call Option (SPRY) 2.6 $20M 3.7M 5.48
Atlantica Sustainable Infra Note 4.000 7/1 (Principal) 2.4 $19M 19k 959.00
Mr Cooper Group (COOP) 2.3 $18M 280k 65.12
Intel Corporation Call Option (INTC) 2.0 $16M 310k 50.25
Dropbox Note 3/0 (Principal) 2.0 $16M 16k 980.60
Marathon Digital Holdings In Note 1.00012/0 (Principal) 2.0 $16M 18k 850.00
Franco-Nevada Corporation Call Option (FNV) 1.9 $15M 133k 110.81
Nutanix Note 0.25010/0 (Principal) 1.9 $15M 14k 1040.60
Seritage Growth Pptys Cl A Call Option (SRG) 1.7 $13M 1.4M 9.35
Zscaler Note 0.125 7/0 (Principal) 1.5 $12M 8.0k 1518.20
Envestnet Note 0.750 8/1 (Principal) 1.5 $12M 13k 934.50
Microstrategy Note 0.75012/1 (Principal) 1.5 $12M 7.0k 1652.70
Spotify Usa Note 3/1 (Principal) 1.5 $12M 13k 883.10
Vanguard Index Fds Sp 500 Etf Shs Call Option (VOO) 1.4 $11M 25k 436.80
Freeport-mcmoran CL B Call Option (FCX) 1.4 $11M 256k 42.57
Alteryx Note 0.500 8/0 (Principal) 1.3 $11M 11k 972.40
Ishares Tr 20 Yr Tr Bd Etf Call Option (TLT) 1.3 $10M 103k 98.88
Pebblebrook Hotel Tr Note 1.75012/1 (Principal) 1.3 $10M 11k 894.40
Summit Hotel Pptys Note 1.500 2/1 (Principal) 1.3 $10M 11k 887.60
Tripadvisor Note 0.250 4/0 (Principal) 1.3 $10M 12k 876.70
Box Note 1/1 (Principal) 1.2 $9.5M 8.5k 1120.90
Select Sector Spdr Tr Sbi Int-utils Call Option (XLU) 1.2 $9.5M 150k 63.33
Splunk Note 1.125 6/1 (Principal) 1.2 $9.1M 9.4k 970.20
Rapid7 Note 0.250 3/1 (Principal) 1.1 $9.0M 10k 900.70
Lennar Corp Cl A Call Option (LEN) 1.1 $8.8M 59k 149.04
Ishares Tr Russell 2000 Etf Call Option (IWM) 1.1 $8.6M 43k 200.71
Peloton Interactive Note 2/1 (Principal) 1.1 $8.5M 11k 776.30
Wayfair Note 1.12511/0 (Principal) 1.0 $7.9M 8.0k 991.00
D.R. Horton Call Option (DHI) 1.0 $7.7M 51k 151.98
Toll Brothers (TOL) 1.0 $7.5M 73k 102.79
Ishares Silver Tr Ishares Call Option (SLV) 0.9 $7.4M 341k 21.78
Ringcentral Note 3/0 (Principal) 0.9 $7.3M 7.8k 933.60
Arcelormittal Sa Luxembourg Ny Registry Sh Call Option (MT) 0.9 $7.0M 245k 28.39
Alteryx Note 1.000 8/0 (Principal) 0.9 $6.8M 7.0k 973.60
Royal Gold Call Option (RGLD) 0.9 $6.7M 56k 120.96
United Sts Oil Units Call Option (USO) 0.8 $6.7M 100k 66.65
Redwood Trust Note 5.625 7/1 (Principal) 0.8 $6.5M 6.6k 987.40
Spdr Ser Tr Sp Metals Mng Call Option (XME) 0.8 $6.2M 104k 59.83
Wisdomtree Note 3.250 6/1 (Principal) 0.8 $6.1M 6.3k 961.30
Wayfair Cl A Call Option (W) 0.7 $5.8M 95k 61.70
Nabors Inds Note 0.750 1/1 (Principal) 0.7 $5.6M 5.6k 996.50
Nuvasive Note 0.375 3/1 (Principal) 0.7 $5.6M 6.0k 932.80
Everbridge Note 0.12512/1 (Principal) 0.7 $5.4M 5.7k 941.10
Blackline Note 3/1 (Principal) 0.7 $5.3M 6.0k 890.40
Ssr Mining In Note 2.500 4/0 (Principal) 0.6 $4.8M 5.0k 961.20
Kinross Gold Corp Call Option (KGC) 0.6 $4.8M 788k 6.05
Spirit Airls Note 1.000 5/1 (Principal) 0.6 $4.5M 6.5k 693.00
Wayfair Note 1.000 8/1 (Principal) 0.6 $4.4M 5.0k 882.40
Albertsons Cos Common Stock (ACI) 0.6 $4.4M 190k 23.00
Apartment Invt Mgmt Cl A Call Option (AIV) 0.5 $4.2M 542k 7.83
Microstrategy Cl A New Put Option (MSTR) 0.5 $4.2M 6.6k 631.62
Grab Holdings Class A Ord Put Option (GRAB) 0.5 $3.7M 1.1M 3.37
Investcorp Europe Acquisitio Class A Ord Shs 0.5 $3.6M 329k 11.02
Royal Caribbean Cruises Put Option (RCL) 0.4 $3.4M 26k 129.49
PNM Resources (TXNM) 0.4 $3.3M 80k 41.60
Steel Dynamics Call Option (STLD) 0.4 $3.3M 28k 118.10
Tc Energy Corp (TRP) 0.4 $3.1M 80k 39.09
Blackberry Call Option (BB) 0.4 $3.0M 850k 3.54
Pioneer Natural Resources 0.4 $3.0M 13k 224.88
Global Star Acquisition Class A Com (GLST) 0.4 $2.9M 272k 10.57
Dmy Squared Technology Group Cl A Com (DMYY) 0.4 $2.8M 260k 10.60
Direct Selling Acquisitin Cl A Com (DSAQ) 0.3 $2.7M 250k 10.89
Burtech Acquisition Corp Class A Com (BRKH) 0.3 $2.7M 253k 10.71
Marathon Petroleum Corp Call Option (MPC) 0.3 $2.6M 18k 148.36
Gores Holdings Ix Class A Com 0.3 $2.6M 250k 10.50
Hess (HES) 0.3 $2.6M 18k 144.16
Tristar Acquisition I Corp Cl A Ord Shs (TRIS) 0.3 $2.6M 241k 10.78
Triple Flag Precious Metals (TFPM) 0.3 $2.4M 136k 17.64
Investcorp India Acquistn Class A Ord Shs (IVCA) 0.3 $2.2M 200k 10.99
Caesars Entertainment Call Option (CZR) 0.3 $2.1M 45k 46.88
Splunk Note 1.125 9/1 (Principal) 0.3 $2.1M 1.9k 1103.30
Palantir Technologies Cl A Call Option (PLTR) 0.3 $2.1M 122k 17.17
Rigel Resource Acq Corp Cl A Ord Shs (RRACF) 0.3 $2.1M 189k 10.96
Brookfield Business Partners Unit Ltd L P (BBU) 0.3 $2.0M 99k 20.58
Colombier Acquisition Corp I Unit 99/99/9999 (CLBR.U) 0.3 $2.0M 197k 10.08
First Majestic Silver Corp Note 0.375 1/1 (Principal) 0.3 $2.0M 2.5k 786.80
Zalatoris Ii Acquisition Cor Class A Ord (ZLSSF) 0.2 $1.9M 178k 10.69
Vaneck Etf Trust Junior Gold Mine Put Option (GDXJ) 0.2 $1.9M 50k 37.91
Microstrategy Note 2/1 (Principal) 0.2 $1.8M 2.0k 876.20
Pennymac Financial Services (PFSI) 0.2 $1.7M 20k 88.37
Lithium Americas Argentina C Note 1.750 1/1 (Principal) 0.2 $1.6M 2.5k 644.50
Chenghe Acquisition I Class A Ord Shs (LATG) 0.2 $1.6M 145k 11.02
Alphavest Acquisition Corp Ordinary Shares (ATMV) 0.2 $1.6M 148k 10.71
Agriculture Nat Sol Acq Unit 99/99/9999 (ANSCU) 0.2 $1.5M 151k 10.15
Embrace Change Acquisitn Cor Ordinary Shares (EMCG) 0.2 $1.5M 135k 10.95
Cnh Indl N V SH (CNH) 0.2 $1.4M 114k 12.18
Fortuna Silver Mines Call Option 0.2 $1.4M 351k 3.86
Everest Consolidator Acq Cor Cl A Com (MNTN) 0.2 $1.3M 119k 10.94
Constellation Acquisitn Corp Shs Cl A (CSTAF) 0.2 $1.3M 116k 11.05
Inspire Med Sys Put Option (INSP) 0.2 $1.3M 6.2k 203.43
Israel Acquisitions Corp Class A Ord (ISRL) 0.2 $1.3M 117k 10.74
Capri Holdings SH (CPRI) 0.2 $1.3M 25k 50.24
Concord Acquisition Corp Iii Com Cl A 0.2 $1.2M 118k 10.56
Spark I Acquisition Corp Ord Shs (SPKL) 0.2 $1.2M 118k 10.14
Ares Acquisition Corp Ii Shs Class A (AACT) 0.1 $1.2M 113k 10.44
Nevro Call Option (NVRO) 0.1 $1.2M 54k 21.52
iRobot Corporation Put Option (IRBT) 0.1 $1.2M 30k 38.70
Blockchain Coinvstrs Acq Crp Class A Ord (BCSA) 0.1 $1.1M 104k 10.88
Kernel Group Holdings Cl A Shs (KRNL) 0.1 $1.1M 104k 10.74
Mountain Co I Acquisitn Class A Ord (MCAA) 0.1 $1.1M 99k 11.30
Globalink Invt (GLLI) 0.1 $1.1M 103k 10.84
Catcha Investment Corp Shs Cl A (CHAA) 0.1 $1.1M 99k 11.13
Pearl Holdings Acquisitn Cor Class A Ord Shs (PRLH) 0.1 $1.1M 100k 10.71
Lendingclub Corp Com New (LC) 0.1 $1.0M 116k 8.74
Hertz Global Hldgs Com New Call Option (HTZ) 0.1 $947k 91k 10.39
Spirit Airlines Put Option (SAVEQ) 0.1 $947k 58k 16.39
Open Text Corp (OTEX) 0.1 $937k 22k 42.02
Plutonian Acquisition Corp 0.1 $932k 88k 10.64
Redwood Trust Note 7.750 6/1 (Principal) 0.1 $927k 1.0k 927.20
Focus Impact Bh3 Acquisition Class A Com (BHAC) 0.1 $861k 82k 10.46
Pharmacyte Biotech Com New (PMCB) 0.1 $655k 305k 2.15
Peloton Interactive Cl A Com Call Option (PTON) 0.1 $625k 103k 6.09
A Spac I Acquisition Corp Class A Ord Shs 0.1 $623k 57k 10.90
U Haul Holding Company Com Ser N (UHAL.B) 0.1 $622k 8.8k 70.44
Grindr Put Option (GRND) 0.1 $616k 70k 8.78
Magnum Opus Acquisition Shs Cl A 0.1 $604k 56k 10.79
Pegasus Digital Mobility Acq Cl A Ord Shs 0.1 $586k 53k 11.05
Rf Acquisition Corp Class A Com (RFAC) 0.1 $557k 52k 10.73
Excelfin Acquisition Corp Com Cl A (XFIN) 0.1 $551k 52k 10.70
Hub Cyber Security W Exp 08/22/202 (HUBCZ) 0.1 $539k 2.2M 0.25
JetBlue Airways Corporation Call Option (JBLU) 0.1 $532k 96k 5.55
Solitario Expl & Rty Corp (XPL) 0.1 $476k 850k 0.56
Jaws Mustang Acquisition Cor Shs Cl A (JWSMF) 0.1 $467k 43k 10.90
Bowlero Corp Cl A Com Put Option 0.1 $425k 30k 14.16
Metal Sky Star Acquisition C Ordinary Shares (MSSA) 0.1 $424k 39k 10.94
Valero Energy Corporation (VLO) 0.1 $416k 3.2k 130.00
Fortune Rise Acquisition Cor Cl A (FRLA) 0.0 $299k 27k 10.96
Amer (UHAL) 0.0 $294k 4.1k 71.80
Arisz Acquisition Corp Common Stock 0.0 $278k 26k 10.91
Enovix Corp (ENVX) 0.0 $271k 22k 12.52
Apx Acquisition Corp I Class A Ord Shs 0.0 $253k 23k 11.16
Braemar Hotels And Resorts Put Option (BHR) 0.0 $250k 100k 2.50
Pono Cap Two Com Cl A (SBC) 0.0 $225k 21k 10.67
Greenfire Res Com Shs (GFR) 0.0 $207k 43k 4.86
Iron Horse Acquisitions Corp Unit 10/15/2028 (IROHU) 0.0 $201k 20k 10.04
Verde Clean Fuels Class A Com (VGAS) 0.0 $146k 62k 2.36
Crown Proptech Acquisitions Shs Cl A 0.0 $144k 14k 10.65
Lifezone Metals W Exp 07/05/202 (LZM.WS) 0.0 $136k 253k 0.54
Global Lights Acquisition Ord Shs (GLAC) 0.0 $136k 14k 10.08
Akerna Corp Com New 0.0 $130k 294k 0.44
Investcorp Europe Acquisitio W Exp 12/15/202 0.0 $117k 510k 0.23
Churchill Capital Corp Vii W Exp 02/29/202 (CVIIW) 0.0 $117k 730k 0.16
Welsbach Tech Metals Acqu (WTMA) 0.0 $112k 11k 10.70
Everest Consolidator Acq Cor W Exp 99/99/999 0.0 $104k 800k 0.13
Tortoiseecofin Acquisition C W Exp 07/22/202 (TRTL.WS) 0.0 $83k 926k 0.09
Complete Solaria (CSLR) 0.0 $67k 42k 1.60
Lucy Scientific Discovery In 0.0 $65k 250k 0.26
Deep Medicine Acquisition Right 10/22/2026 0.0 $40k 135k 0.30
Ares Acquisition Corp Ii W Exp 99/99/999 (AACT.WS) 0.0 $40k 264k 0.15
Concord Acquisition Corp Iii W Exp 99/99/999 0.0 $35k 350k 0.10
Hnr Acquisition Corp Com Cl A (EONR) 0.0 $34k 17k 2.02
Rmg Acquisition Corp Iii W Exp 02/08/202 (RMGWF) 0.0 $32k 541k 0.06
Arisz Acquisition Corp Right 99/99/9999 0.0 $25k 121k 0.21
Marti Technologies Shs Cl A (MRT) 0.0 $25k 38k 0.65
Selina Hospitality Ordinary Shares (SLNAF) 0.0 $24k 133k 0.18
Vast Renewables W Exp 07/01/202 (VSTEW) 0.0 $23k 226k 0.10
Esgen Acquisition Corp W Exp 10/18/202 0.0 $21k 517k 0.04
Nova Vision Acquisition Corp Right 12/23/2023 (NOVVR) 0.0 $16k 79k 0.20
Spring Valley Acquistn Corp W Exp 02/25/202 (SVIIW) 0.0 $16k 261k 0.06
Oak Woods Acquisition Corp W Exp 03/23/202 (OAKUW) 0.0 $15k 501k 0.03
Inflection Pt Acquisitn Crp W Exp 08/31/202 (IPXXW) 0.0 $13k 142k 0.09
Keen Vision Acquisition Corp W Exp 03/15/202 (KVACW) 0.0 $9.9k 247k 0.04
Golden Arrow Merger Corp W Exp 07/31/202 (GAMCW) 0.0 $9.7k 69k 0.14
Esh Acquisition Corp Right 99/99/9999 (ESHAR) 0.0 $9.3k 93k 0.10
Roth Ch Acquisition V W Exp 12/10/202 0.0 $8.4k 210k 0.04
Mobix Labs W Exp 12/21/202 (MOBXW) 0.0 $7.6k 109k 0.07
Tlgy Acquisition Corporation W Exp 11/09/202 0.0 $7.2k 361k 0.02
Israel Acquisitions Corp W Exp 99/99/999 (ISRLW) 0.0 $7.1k 119k 0.06
Spark I Acquisition Corp W Exp 10/01/203 (SPKLW) 0.0 $6.5k 59k 0.11
Winvest Acquisition Corp Right 99/99/9999 (WINVR) 0.0 $6.3k 210k 0.03
Alphavest Acquisition Corp Right 06/19/2024 (ATMVR) 0.0 $6.1k 51k 0.12
Winvest Acquisition Corp W Exp 08/09/202 (WINVW) 0.0 $5.7k 566k 0.01
Energem Corp W Exp 11/15/202 0.0 $5.3k 528k 0.01
Xbp Europe Holdings W Exp 11/30/202 (XBPEW) 0.0 $4.7k 94k 0.05
Four Leaf Acquisition Corp W Exp 03/15/202 (FORLW) 0.0 $4.5k 223k 0.02
Alphatime Acquisition Corp W Exp 03/01/202 (ATMCW) 0.0 $4.2k 142k 0.03
Hub Cyber Security W Exp 02/27/202 (HUBCW) 0.0 $4.0k 405k 0.01
Bellevue Life Scncs Aqstn W Exp 02/09/202 (BLACW) 0.0 $3.9k 197k 0.02
Tristar Acquisition I Corp W Exp 99/99/999 (TRIS.WS) 0.0 $3.6k 180k 0.02
Mountain Co I Acquisitn W Exp 09/30/202 (MCAAW) 0.0 $3.3k 109k 0.03
Plutonian Acquisition Corp W Exp 10/26/202 0.0 $3.2k 105k 0.03
Bowen Acquisition Corp Right 99/99/9999 (BOWNR) 0.0 $3.0k 30k 0.10
Enphys Acquisition Corp W Exp 99/99/999 0.0 $2.8k 57k 0.05
Fintech Ecosystem Deve W Exp 04/01/202 (FEXDW) 0.0 $2.8k 275k 0.01
Project Energy Reimagined Ac W Exp 10/28/202 (PEGRW) 0.0 $2.6k 256k 0.01
Oxus Acquisition Corp W Exp 99/99/999 0.0 $2.4k 48k 0.05
Armada Acquisition Corp I W Exp 08/13/202 (AACIW) 0.0 $2.2k 108k 0.02
Keyarch Acquisition Corp W Exp 01/24/202 0.0 $2.0k 100k 0.02
Spectaire Hldgs W Exp 10/17/202 (SPECW) 0.0 $2.0k 200k 0.01
Bannix Acquisition Corp W Exp 07/31/202 (BNIXW) 0.0 $2.0k 195k 0.01
African Agriculture Holdings W Exp 12/06/202 (AAGRW) 0.0 $1.9k 94k 0.02
Nova Vision Acquisition Corp W Exp 12/31/202 (NOVVW) 0.0 $1.5k 152k 0.01
Monterey Cap Acquisition Cor W Exp 01/01/202 (MCACW) 0.0 $1.5k 149k 0.01
Noco Noco W Exp 08/25/202 (NCNWF) 0.0 $1.1k 111k 0.01
Fortune Rise Acquisition Cor W Exp 12/06/202 (FRLAW) 0.0 $1.1k 55k 0.02
Power Digital Infrastructu W Exp 12/09/202 0.0 $929.460000 47k 0.02
Vision Sensing Acquisition C W Exp 10/21/202 (VSACW) 0.0 $338.750000 34k 0.01
Global Systems Dynamics W Exp 04/01/202 0.0 $0 361k 0.00
Globalink Invt W Exp 12/03/202 (GLLIW) 0.0 $0 320k 0.00