Fund HoldingsK2 PRINCIPAL FUND, L.P.

Total Portfolio Value
$900.62M
Total Bought
$295.94M
Total Sold
$162.58M
Net Transaction
+$133.35M
Filing Period:
Securities
SharesValue ($K)
Q3 2024
Q4 2024
Change
Q3 2024
Q4 2024
Weight (%)
Change
VANGUARD INDEX FDS(Call)045,500+45,500024,516+24,516
SPDR GOLD TR(GLD)(Put)103,000172,000+69,00025,03541,646+16,611
AMAZON COM INC(AMZN)(Call)070,000+70,000015,357+15,357
ATLANTICA JERSEY000015,2781.70%+15,278
ENVESTNET INC000011,9711.33%+11,971
SPHERE ENTERTAINMENT CO(SPHR)000011,6421.29%+11,642
MARA HOLDINGS000010,8711.21%+10,871
WINNEBAGO INDU00009,8531.09%+9,853
MICROSTRATEGY00009,7121.08%+9,712
WILLOW LANE ACQUISITION CORP
ORD SHS CL A
0933,888+933,88809,2361.03%+9,236
REDDIT INC(RDDT)(Put)056,000+56,00009,153+9,153
VANGUARD INDEX FDS(Put)2,00018,500+16,5001,0559,968+8,913
SOLARIS ENERGY INFRAS INC(SEI)0308,235+308,23508,8710.98%+8,871
FASTLY INC(FSLY)00008,6480.96%+8,648
DYNAMIX CORP0869,912+869,91208,5160.95%+8,516
STRATHCONA RESOU00008,0100.89%+8,010
WESTERN DIGITAL CORP(WDC)00007,9660.88%+7,966
GFL ENVIRON INC00007,9290.88%+7,929
LIFE TIME INC00007,7140.86%+7,714
SPIRIT AIRLINES00007,5630.84%+7,563
MOUNTAIN LAKE ACQUISITION CO
UNIT 11/15/2028
0748,957+748,95707,5120.83%+7,512
CENTURY ALUM CO(CENX)00006,8370.76%+6,837
SOLARIS ENERGY INFRAS INC(SEI)(Call)0235,800+235,80006,786+6,786
TRANSLATIONAL DEV ACQUISITIO
UNIT 99/99/9999
0674,997+674,99706,7630.75%+6,763
LUCID GROUP(LCID)0006757,0980.79%+6,423
TERAWULF INC00006,2930.70%+6,293
STEEL DYNAMICS INC(STLD)(Call)5,00060,000+55,0006306,844+6,214
ISHARES TR(Put)
MSCI USA MMENTM
030,000+30,00006,208+6,208
AMERICAN AIRLINES GROUP INC(AAL)00005,8750.65%+5,875
ISHARES BITCOIN TRUST ETF(IBIT)240,001270,000+29,9998,67114,3241.59%+5,652
COHEN CIRCLE ACQUISITION COR0562,383+562,38305,6180.62%+5,618
BOLD EAGLE ACQUISITION CORP0521,524+521,52405,1420.57%+5,142
CIENA CORP(CIEN)(Call)060,000+60,00005,089+5,089
RTX CORPORATION(RTX)(Put)040,000+40,00004,629+4,629
BITDEER TECHNO(BTDR)00004,5090.50%+4,509
ADVANCED ENERGY INDS(AEIS)00004,3660.48%+4,366
LIVENT CORP00004,3660.48%+4,366
COINBASE GLOBAL00004,2940.48%+4,294
LOWES COS INC(LOW)(Put)017,000+17,00004,196+4,196
SERITAGE GROWTH PPTYS01,000,000+1,000,00004,1200.46%+4,120
ROMAN DBDR ACQUISITION CORP
UNIT 99/99/9999
0407,190+407,19004,0600.45%+4,060
ALPHABET INC(GOOG)25,00042,053+17,0534,1808,0090.89%+3,829
VIRGIN GALACTIC0009,13212,4901.39%+3,358
TAIWAN SEMICONDUCTOR MFG LTD(TSM)(Call)016,000+16,00003,160+3,160
AIR CANADA00011,57814,6321.62%+3,055
C H ROBINSON WORLDWIDE INC(CHRW)(Call)027,500+27,50002,841+2,841
I-80 GOLD CORP00002,8000.31%+2,800
INVESCO QQQ TR(Put)10,00015,000+5,0004,8817,668+2,788
SSR MINING IN00002,7850.31%+2,785
IRIS ENERGY LTD00002,6940.30%+2,694
V F CORP(VFC)180,000290,000+110,0003,5916,2230.69%+2,632
FACT II ACQUISITION CORP0257,500+257,50002,5440.28%+2,544
PAR TECHNOLOGY CORP(Put)035,000+35,00002,543+2,543
BARNES GROUP INC053,330+53,33002,5200.28%+2,520
FREEPORT-MCMORAN INC(FCX)(Put)065,000+65,00002,475+2,475
FRONTIER COMMUNICATIONS PARE071,074+71,07402,4660.27%+2,466
LOCKHEED MARTIN CORP(LMT)(Put)05,000+5,00002,430+2,430
KYNDRYL HLDGS INC(KD)(Call)070,000+70,00002,422+2,422
IONQ INC(IONQ)079,438+79,43802,4200.27%+2,420
SPHERE ENTERTAINMENT CO(SPHR)(Call)15,00075,000+60,0006633,024+2,361
ROYAL GOLD INC(RGLD)(Call)017,700+17,70002,334+2,334
AKAMAI TECHNOLOGIES INC(AKAM)00009,5511.06%+9,551
PRECISION DRILLING CORP(PDS)037,446+37,44602,2870.25%+2,287
PALANTIR TECHNOLOGIES INC(PLTR)(Put)030,000+30,00002,269+2,269
TPI COMPOSITES INC00002,2360.25%+2,236
SK GROWTH OPPORTUNITIES CORP0184,371+184,37102,1420.24%+2,142
FRANCO NEV CORP(FNV)(Call)018,000+18,00002,117+2,117
GALAXY DIG HO LP00001,9860.22%+1,986
OAKTREE ACQUISITION CORP III
SHS CL A
0195,292+195,29201,9450.22%+1,945
ALPHABET INC(GOOG)(Call)010,000+10,00001,904+1,904
CO2 ENERGY TRANSITION CORP0190,000+190,00001,9040.21%+1,904
TPI COMPOSITES INC(Call)01,000,000+1,000,00001,890+1,890
UBER TECHNOLOGIES INC(UBER)(Call)031,000+31,00001,870+1,870
LIB TRIP ADV HOL0002,0973,9310.44%+1,834
PERPETUA RESOURCES CORP(PPTA)0170,000+170,00001,8140.20%+1,814
SPDR SER TR(Put)
ST STR SP BIOT
020,000+20,00001,801+1,801
DOCUSIGN INC(DOCU)(Put)020,000+20,00001,799+1,799
FIRST SOLAR INC(FSLR)010,000+10,00001,7620.20%+1,762
GENIUS SPORTS LIMITED
SHARES CL A
0200,000+200,00001,7300.19%+1,730
TRUMP MEDIA TECHNOLOGY GRO(DJT)(Put)050,000+50,00001,705+1,705
BLACKBERRY LTD0007,1118,6850.96%+1,574
PEPSICO INC(PEP)(Put)010,000+10,00001,521+1,521
BIOMARIN PHARMACEUTICAL INC(BMRN)(Call)023,000+23,00001,512+1,512
MICROSTRATEGY00001,4910.17%+1,491
OLD DOMINION FREIGHT LINE IN(ODFL)(Call)010,000+10,00001,764+1,764
LUMENTUM HLDGS INC(LITE)0006,9348,3690.93%+1,435
TECNOGLASS INC(TGLS)018,038+18,03801,4310.16%+1,431
TRANSALTA CORP(TAC)(Put)0100,000+100,00001,415+1,415
ALBERTSONS COS INC(Call)070,000+70,00001,375+1,375
JACKSON ACQUISITION CO II0136,000+136,00001,3680.15%+1,368
GENERAL DYNAMICS CORP(GD)(Put)05,000+5,00001,317+1,317
MERCK CO INC(MRK)013,032+13,03201,2960.14%+1,296
ETF SER SOLUTIONS(Put)
US GLB JETS
050,000+50,00001,268+1,268
TRANSDIGM GROUP INC(TDG)(Put)01,000+1,00001,267+1,267
ARCHER DANIELS MIDLAND CO(Put)025,000+25,00001,263+1,263
BALLYS CORPORATION070,561+70,56101,2620.14%+1,262
INFINERA CORP00004,0870.45%+4,087
DOORDASH INC(DASH)(Put)07,000+7,00001,174+1,174
ALGOMA STL GROUP INC0692,579+692,57901,5100.17%+1,510
BLACK SPADE ACQUISITION II C0116,892+116,89201,1610.13%+1,161
Page 1 of 1