13F GuideFiling Basics
What is SEC Form 13F? Ultimate Guide to Institutional Equity Filings
Learn how SEC Form 13F filings work, the $100M threshold, 45-day reporting lag, and how to track top hedge fund holdings.
AlphaSMO Research GuideRead Guide
CIK: 0001461790
Total reported value
$1.4B
$1.4B
281 檔
9.7%
As reported in its official Q2 2025 Form 13F filing, K2 Principal Fund, L.p.'s tracked investment portfolio stood at $1.4B with 281 total positions.
In Q2 2025, K2 Principal Fund, L.p. adopted a defensive or profit-taking posture, trimming 6 positions and completely liquidating 28 holdings to manage risk exposure.
Showing top 200 holdings (of 281 total)
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | GLD | Spdr Gold Shares | ETF-Commodities | 6.04% | -2.11% | -14.31% | |
| 2 | IBIT | Ishares Bitcoin Trust ETF | ETF-Crypto | 4.78% | -0.06% | +85.74% | |
| 3 | BTI | British American Tob-sp Adr | Stock-Consumer Staples | 2.79% | -0.05% | — | |
| 4 | HYG | Ishr Ibx Usd Hiyld Cb Etf-ui | ETF-High Yield | 2.50% | -0.83% | EXIT | |
| 5 | PTON 0 02-15-26Bond | Peloton Interactive Inc | Bond | 2.09% | — | — | |
| 6 | AAL 6.5 07-01-25Bond | American Airlines Group | Bond | 1.95% | — | +182.74% | |
| 7 | NTNX 0.25 10-01-27Bond | Nutanix Inc | Bond | 1.94% | — | -9.09% | |
| 8 | AGCN 0.375 01-15-27Bond | First Majestic Silver | Bond | 1.94% | — | +52.63% | |
| 9 | DBX 0 03-01-26Bond | Dropbox Inc | Bond | 1.89% | — | — | |
| 10 | TRIP 0.25 04-01-26Bond | Tripadvisor Inc | Bond | 1.86% | -0.98% | EXIT | |
| 11 | CORZ | Core Scientific Inc | Stock-Tech | 1.70% | +0.09% | — | |
| 12 | SPHR 3.5 12-01-28Bond | Sphere Entertainment Co | Bond | 1.65% | — | — | |
| 13 | SLV | Ishares Silver Trust | ETF-Commodities | 1.57% | -0.35% | +101.16% | |
| 14 | LITE 1.5 12-15-29Bond | Lumentum Holdings Inc | Bond | 1.48% | — | +16.67% | |
| 15 | BBCN 3 02-15-29Bond | Blackberry LTD | Bond | 1.39% | -0.56% | EXIT | |
| 16 | ETSY 0.125 10-01-26Bond | Etsy Inc | Bond | 1.34% | — | — | |
| 17 | SNAP 0.75 08-01-26Bond | Snap Inc | Bond | 1.32% | +0.04% | — | |
| 18 | UPST 0.25 08-15-26Bond | Upstart Holdings Inc | Bond | 1.31% | +0.05% | — | |
| 19 | JBLU 0.5 04-01-26Bond | Jetblue Airways CORP | Bond | 1.31% | -0.96% | EXIT | |
| 20 | RPD 0.25 03-15-27Bond | Rapid7 Inc | Bond | 1.28% | — | — | |
| 21 | NICEIT 0 09-15-25Bond | Nice LTD | Bond | 1.27% | — | — | |
| 22 | COIN 0.25 04-01-30Bond | Coinbase Global Inc | Bond | 1.26% | — | — | |
| 23 | FSLY 0 03-15-26Bond | Fastly Inc | Bond | 1.22% | — | — | |
| 24 | FSLR | First Solar Inc | Stock-Tech | 1.22% | -0.04% | -1.50% | |
| 25 | ✓ | Applied Optoele | Stock-Other | 1.16% | — | +12.50% | |
| 26 | WT 3.25 06-15-26Bond | Wisdomtree Investments | Bond | 1.14% | — | — | |
| 27 | LYV 3.125 01-15-29Bond | Live Nation Entertainmen | Bond | 1.06% | -0.53% | EXIT | |
| 28 | PENN 2.75 05-15-26Bond | Penn Entertainment Inc | Bond | 1.01% | — | +16.67% | |
| 29 | PEB 1.75 12-15-26Bond | Pebblebrook Hotel Trust | Bond | 0.97% | +0.03% | — | |
| 30 | CENX 2.75 05-01-28Bond | Century Aluminum Company | Bond | 0.95% | — | — | |
| 31 | MQ8 | Mag Silver CORP | Stock-Other | 0.94% | — | — | |
| 32 | SEI 4.75 05-01-30Bond | Solaris Energy Infrastru | Bond | 0.88% | — | — | |
| 33 | ON 0 05-01-27Bond | On Semiconductor CORP | Bond | 0.82% | -0.45% | EXIT | |
| 34 | BL 0 03-15-26Bond | Blackline Inc | Bond | 0.80% | — | — | |
| 35 | SPRY | Ars Pharmaceuticals Inc | Stock-Other | 0.76% | -0.07% | -36.24% | |
| 36 | VTWO | Vanguard Russell 2000 ETF | ETF-Small Cap | 0.75% | — | — | |
| 37 | LYV | Live Nation Entertainment In | Stock-Comm Services | 0.75% | — | — | |
| 38 | MARA 1 12-01-26Bond | Mara Holdings Inc | Bond | 0.75% | +0.01% | +200.00% | |
| 39 | AEIS 2.5 09-15-28Bond | Advanced Energy Ind | Bond | 0.66% | -0.67% | EXIT | |
| 40 | NLOP | Net Lease Office Property | Stock-Other | 0.65% | +0.02% | +3.43% | |
| 41 | PAR 1.5 10-15-27Bond | Par Technology CORP | Bond | 0.63% | +0.01% | -20.00% | |
| 42 | ✓ | Stock-Other | 0.63% | +0.01% | -56.87% | ||
| 43 | HES | Hess CORP | Stock-Other | 0.63% | — | -10.87% | |
| 44 | GPRO 1.25 11-15-25Bond | Gopro Inc | Bond | 0.63% | — | — | |
| 45 | ✓ | Cohen Circle Acquisition Cor | Stock-Other | 0.62% | — | +23.04% | |
| 46 | ✓ | Colombier Acquisition CORP I | Stock-Other | 0.61% | — | +105.87% | |
| 47 | OMC | Omnicom Group | Stock-Comm Services | 0.60% | — | +62.43% | |
| 48 | VOO | Vanguard S&p 500 ETF | ETF-Large Cap & Growth | 0.59% | -0.21% | EXIT | |
| 49 | LARCN 1.75 01-15-27Bond | Lithium Argentina AG | Bond | 0.59% | -0.34% | EXIT | |
| 50 | ✓ | Willow Lane Acquisition CORP | Stock-Other | 0.58% | -0.30% | EXIT |
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | IBIT | Ishares Bitcoin Trust ETF | +3% | +85.74% | Add |
| 2 | BTI | British American Tob-sp Adr | +2.8% | NEW | New buy |
| 3 | HYG | Ishr Ibx Usd Hiyld Cb Etf-ui | +2.5% | NEW | New buy |
| 4 | CORZ | Core Scientific Inc | +1.7% | NEW | New buy |
| 5 | ETSY 0.125 10-01-26Bond | Etsy Inc | +1.3% | NEW | New buy |
| 6 | SNAP 0.75 08-01-26Bond | Snap Inc | +1.3% | NEW | New buy |
| 7 | AAL 6.5 07-01-25Bond | American Airlines Group | +1.3% | +182.74% | Add |
| 8 | COIN 0.25 04-01-30Bond | Coinbase Global Inc | +1.3% | NEW | New buy |
| 9 | LYV 3.125 01-15-29Bond | Live Nation Entertainmen | +1.1% | NEW | New buy |
| 10 | PEB 1.75 12-15-26Bond | Pebblebrook Hotel Trust | +1% | NEW | New buy |
| 11 | MQ8 | Mag Silver CORP | +0.9% | NEW | New buy |
| 12 | SLV | Ishares Silver Trust | +0.9% | +101.16% | Add |
| 13 | SEI 4.75 05-01-30Bond | Solaris Energy Infrastru | +0.9% | NEW | New buy |
| 14 | AGCN 0.375 01-15-27Bond | First Majestic Silver | +0.8% | +52.63% | Add |
| 15 | VTWO | Vanguard Russell 2000 ETF | +0.8% | NEW | New buy |
| 16 | LYV | Live Nation Entertainment In | +0.8% | NEW | New buy |
| 17 | GLD | Spdr Gold Shares | -0.1% | -14.31% | Trim |
| 18 | ARKK | Ark Innovation ETF | -0.6% | -90.91% | Trim |
| 19 | GLXYLP 2.5 12-01-29Bond | Galaxy Digital Holdin LP | -0.6% | EXIT | Sold out |
| 20 | INFN 3.75 08-01-28Bond | Infinera CORP | -0.6% | EXIT | Sold out |
| 21 | WULF 2.75 02-01-30Bond | Terawulf Inc | -0.6% | EXIT | Sold out |
| 22 | FNV | Franco-nevada CORP | -0.6% | EXIT | Sold out |
| 23 | TLN | Talen Energy CORP | -0.7% | -70.75% | Trim |
| 24 | ✓ | -0.7% | EXIT | Sold out | |
| 25 | ✓ | -0.7% | -56.87% | Trim | |
| 26 | ✓ | Wisdomtree Inc | -0.8% | EXIT | Sold out |
| 27 | CORZ 0 06-15-31Bond | Core Scientific Inc | -0.8% | EXIT | Sold out |
| 28 | SABHLD 4 04-15-25Bond | Sabre Glbl Inc | -0.8% | EXIT | Sold out |
| 29 | ✓ | Coin 0.250 04/01/30 Cvt | -0.8% | EXIT | Sold out |
| 30 | AMC 6 04-30-30 144ABond | Muvico LLC | -0.9% | EXIT | Sold out |
| 31 | ABEGET 9.75 03-01-27 144ABond | Getty Images Inc | -0.9% | EXIT | Sold out |
| 32 | SNAP 0.25 05-01-25Bond | Snap Inc | -0.9% | EXIT | Sold out |
| 33 | ASTS 4.25 03-01-32Bond | Ast Spacemobile Inc | -0.9% | EXIT | Sold out |
| 34 | SEI | Solaris Energy Infrastructur | -0.9% | EXIT | Sold out |
| 35 | HEES 3.875 12-15-28 144ABond | H&e Equipment Services | -0.9% | EXIT | Sold out |
| 36 | GFR 12 10-01-28 144ABond | Greenfire Resources LTD | -0.9% | EXIT | Sold out |
| 37 | ACCD 0.5 04-01-26Bond | Accolade Inc | -1% | EXIT | Sold out |
| 38 | CEC 6.75 05-01-26 144ABond | Cec Entertainment LLC | -1% | EXIT | Sold out |
| 39 | LCID 1.25 12-15-26Bond | Lucid Group Inc | -1% | EXIT | Sold out |
| 40 | IIPR 5.5 05-25-26 *Bond | Iip Operating Partner | -1.1% | EXIT | Sold out |
| 41 | ✓ | MARA Holdings Inc | -1.1% | EXIT | Sold out |
| 42 | VOO | Vanguard S&p 500 ETF | -1.2% | -72.73% | Trim |
| 43 | XIFR 2.5 06-15-26Bond | Xplr Infrastructure LP | -1.2% | EXIT | Sold out |
| 44 | ✓ | -1.2% | EXIT | Sold out | |
| 45 | STRCNA 6.875 08-01-26 144ABond | Strathcona Resources | -1.3% | EXIT | Sold out |
| 46 | GOOG | Alphabet Inc-cl C | -1.5% | -83.70% | Trim |
| 47 | KAR 5.125 06-01-25 144ABond | Openlane Inc | -1.6% | EXIT | Sold out |
| 48 | ACACN 4 07-01-25Bond | Air Canada | -1.6% | EXIT | Sold out |
| 49 | SPCE 2.5 02-01-27Bond | Virgin Galactic Holdings | -1.7% | EXIT | Sold out |
| 50 | OPEN 0.25 08-15-26Bond | Opendoor Technologies In | -1.7% | EXIT | Sold out |
According to official SEC Form 13F filings, K2 Principal Fund, L.p. reported a total U.S. public equity portfolio value of $1.4B across 281 disclosed positions in Q2 2025.
Expert Analysis & Guides for Tracking Wall Street Smart Money Movements
Learn how SEC Form 13F filings work, the $100M threshold, 45-day reporting lag, and how to track top hedge fund holdings.
In terms of portfolio concentration, the top 5 core holdings (including GLD, IBIT, BTI) accounted for 9.7% of total reported equity market value during Q2 2025.
Top New Position Initiated
BTI
市值: $20.3M
Top Position Liquidated / Trimmed
OPEN 0.25 08-15-26
前期市值: $13.7M
During Q2 2025, K2 Principal Fund, L.p.'s top holdings by market value included GLD (6.0%)、IBIT (4.8%)、BTI (2.8%). The largest single position, GLD, represented 6.0% of total portfolio value.
In Q2 2025, K2 Principal Fund, L.p. made 50 total portfolio adjustments, initiating 12 new buys, adding to 4 positions, trimming 6 holdings, and fully liquidating 28 stocks.
All holding records on this page are fetched directly from the U.S. Securities and Exchange Commission (SEC) EDGAR system (Form 13F-HR). AlphaSMO parses CUSIP identifiers and formats data into Schema.org-compliant datasets.
Understand SEC Form 4 insider disclosures for corporate officers, directors, and 10% owners to track executive transactions.
Understand Rule 144 restricted stock sale notices to spot planned insider liquidations before market sell pressure arrives.
Explore the 5% beneficial ownership threshold, 13D vs 13G filing differences, and recent SEC accelerated deadline rules.
Best practices for analyzing 13F quarterly changes without getting misled by stock splits, options, or market valuation drift.
Learn how AlphaSMO's flagship signal detects high-conviction stocks where 13F hedge funds and corporate insiders buy at the same time.