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K2 PRINCIPAL FUND, L.P.

Q4 2023 · 13F-HR

K2 PRINCIPAL FUND, L.P.holdings as filed

Filed 2024-02-14 · accession 0001461790-24-000005

$785.2M
Reported value
230
Positions
2023-12-31
Period end
View analyzed profile →PRO

Holdings as filed

CUSIPTickerIssuerValue% port.SharesClassVoting
78462F103SPYSPDR SP 500 ETF TR$95.1M12.1%200,000PUTSOLE
78462F103SPYSPDR SP 500 ETF TR$71.3M9.08%150,000CALLSOLE
04916EAB0AY 4 07/15/25ATLANTICA SUSTAINABLE INFRA$18.5M2.36%19,300CommonSOLE
62482R10707WAMR COOPER GROUP INC$18.2M2.32%279,510CommonSOLE
82835W108SPRYARS PHARMACEUTICALS INC$16.7M2.13%3,054,333CommonSOLE
26210CAC8DBX 0 03/01/26DROPBOX INC$15.6M1.98%15,859CommonSOLE
565788AB2MARA 1 12/01/26MARATHON DIGITAL HOLDINGS IN$15.5M1.98%18,250CommonSOLE
67059NAH1NTNX 0.25 10/01/27NUTANIX INC$14.6M1.86%14,000CommonSOLE
458140100INTCINTEL CORP$13.1M1.66%260,000CALLSOLE
464285204IAUISHARES GOLD TR$12.7M1.62%325,000CALLSOLE
98980GAB8ZS 0.125 07/01/25ZSCALER INC$12.1M1.55%8,000CommonSOLE
29404KAE6ENV 0.75 08/15/25ENVESTNET INC$11.7M1.49%12,500CommonSOLE
351858105FNVFRANCO NEV CORP$11.6M1.48%105,000CALLSOLE
594972AC5MSTR 0.75 12/15/25MICROSTRATEGY INC$11.6M1.47%7,000CommonSOLE
84921RAB6SPOT 0 03/15/26SPOTIFY USA INC$11.5M1.46%13,000CommonSOLE
922908363VOOVANGUARD INDEX FDS$10.9M1.39%25,000CALLSOLE
02156BAD5AYX 0.5 08/01/24ALTERYX INC$10.5M1.34%10,815CommonSOLE
35671D857FCXFREEPORT-MCMORAN INC$10.4M1.33%245,000CALLSOLE
70509VAA8PEB 1.75 12/15/26PEBBLEBROOK HOTEL TR$10.1M1.29%11,300CommonSOLE
866082AA8INN 1.5 02/15/26SUMMIT HOTEL PPTYS$10.1M1.29%11,375CommonSOLE
896945AD4TRIP 0.25 04/01/26TRIPADVISOR INC$10.1M1.28%11,500CommonSOLE
464285204IAUISHARES GOLD TR$9.8M1.24%250,000PUTSOLE
10316TAB0BOX 0 01/15/26BOX INC$9.5M1.21%8,500CommonSOLE
81369Y886XLUSELECT SECTOR SPDR TR$9.5M1.21%150,000CALLSOLE
848637AF1SPLK 1.125 06/15/27SPLUNK INC$9.1M1.16%9,415CommonSOLE
753422AF1RPD 0.25 03/15/27RAPID7 INC$9.0M1.15%10,000CommonSOLE
70614WAB6PTON 0 02/15/26PELOTON INTERACTIVE INC$8.5M1.09%11,000CommonSOLE
81752R100SRGSERITAGE GROWTH PPTYS$8.0M1.02%855,800CALLSOLE
94419LAD3W 1.125 11/01/24WAYFAIR INC$7.9M1.01%8,000CommonSOLE
464287655IWMISHARES TR$7.6M0.97%38,000PUTSOLE
526057104LENLENNAR CORP$7.5M0.96%50,500CALLSOLE
76680RAF4RNG 0 03/01/25RINGCENTRAL INC$7.3M0.93%7,799CommonSOLE
03938L203MTARCELORMITTAL SA LUXEMBOURG$7.0M0.89%245,000CALLSOLE
02156BAF0AYX 1 08/01/26ALTERYX INC$6.8M0.87%7,000CommonSOLE
91232N207USOUNITED STS OIL FD LP$6.7M0.85%100,000CALLSOLE
758075AD7REDWOOD TRUST INC$6.5M0.83%6,572CommonSOLE
464287432TLTISHARES TR$6.4M0.82%65,000CALLSOLE
78464A755XMESPDR SER TR$6.2M0.79%103,700CALLSOLE
97717PAD6WT 3.25 06/15/26WISDOMTREE INC$6.1M0.78%6,344CommonSOLE
889478103TOLTOLL BROTHERS INC$5.6M0.71%54,500CALLSOLE
62957HAB1NABORS INDS INC$5.6M0.71%5,619CommonSOLE
670704AJ4GMED 0.375 03/15/25NUVASIVE INC$5.6M0.71%6,000CommonSOLE
29978AAC8EVERBRIDGE INC$5.4M0.68%5,700CommonSOLE
09239BAD1BL 0 03/15/26BLACKLINE INC$5.3M0.68%6,000CommonSOLE
23331A109DHID R HORTON INC$5.2M0.67%34,500CALLSOLE
81752R100SRGSERITAGE GROWTH PPTYS$5.1M0.64%540,654CommonSOLE
784730AB9SSRMCN 2.5 04/01/39SSR MINING IN$4.8M0.61%5,000CommonSOLE
848577AB8SAVE 1 05/15/26SPIRIT AIRLS INC$4.5M0.57%6,491CommonSOLE
94419LAF8W 1 08/15/26WAYFAIR INC$4.4M0.56%5,000CommonSOLE
496902404KGCKINROSS GOLD CORP$4.4M0.56%725,000CALLSOLE
013091103ACIALBERTSONS COS INC$4.4M0.56%190,000CommonSOLE
46428Q109SLVISHARES SILVER TR$4.4M0.55%200,000PUTSOLE
594972408MSTRMICROSTRATEGY INC$4.2M0.53%6,600PUTSOLE
03748R747AIVAPARTMENT INVT MGMT CO$4.0M0.51%513,684CommonSOLE
94419L101WWAYFAIR INC$3.8M0.48%61,500CALLSOLE
464287432TLTISHARES TR$3.7M0.47%37,548CommonSOLE
780287108RGLDROYAL GOLD INC$3.6M0.46%30,000CALLSOLE
G4923T105IVCBFINVESTCORP EUROPE ACQUISITIO$3.6M0.46%328,498CommonSOLE
G4124C109GRABGRAB HOLDINGS LIMITED$3.6M0.45%1,054,157CommonSOLE
82835W108SPRYARS PHARMACEUTICALS INC$3.5M0.45%643,100CALLSOLE
69349H107TXNMPNM RES INC$3.3M0.42%80,000CommonSOLE
858119100STLDSTEEL DYNAMICS INC$3.3M0.42%28,000CALLSOLE
87807B107TRPTC ENERGY CORP$3.1M0.40%80,000CommonSOLE
780287108RGLDROYAL GOLD INC$3.1M0.39%25,593CommonSOLE
723787107PXDEURPIONEER NAT RES CO$3.0M0.38%13,323CommonSOLE
37962G102GLOBAL STAR ACQUISITION INC$2.9M0.37%272,299CommonSOLE
233276104DMYYDMY SQUARED TECHNOLOGY GROUP$2.8M0.35%260,156CommonSOLE
25460L103DSAQDIRECT SELLING ACQUISITIN CO$2.7M0.35%250,000CommonSOLE
123013104BURTECH ACQUISITION CORP$2.7M0.34%252,937CommonSOLE
38287A101GORES HOLDINGS IX INC$2.6M0.33%249,955CommonSOLE
42809H107HESHESS CORP$2.6M0.33%18,149CommonSOLE
G9074V106TRISTAR ACQUISITION I CORP$2.6M0.33%241,133CommonSOLE
46428Q109SLVISHARES SILVER TR$2.5M0.32%116,250CommonSOLE
23331A109DHID R HORTON INC$2.4M0.31%16,100CommonSOLE
89679M104TFPMTRIPLE FLAG PRECIOUS METAL$2.4M0.31%136,137CommonSOLE
09228F103BBBLACKBERRY LTD$2.3M0.29%650,000PUTSOLE
351858105FNVFRANCO NEV CORP$2.2M0.28%20,000PUTSOLE
G49219101IVCAFINVESTCORP INDIA ACQUISTN CO$2.2M0.28%200,027CommonSOLE
848637AD6SPLK 1.125 09/15/25SPLUNK INC$2.1M0.27%1,900CommonSOLE
G7573M106RIGEL RESOURCE ACQ CORP$2.1M0.26%189,426CommonSOLE
94419L101WWAYFAIR INC$2.0M0.26%33,000PUTSOLE
G16234109BROOKFIELD BUSINESS PARTNERS$2.0M0.26%98,800CommonSOLE
G2283U126COLOMBIER ACQUISITION CORP I$2.0M0.25%197,300CommonSOLE
32076VAD5AGCN 0.375 01/15/27FIRST MAJESTIC SILVER CORP$2.0M0.25%2,500CommonSOLE
V7780T103RCLROYAL CARIBBEAN GROUP$1.9M0.25%15,000CommonSOLE
G9831X106ZLSSFZALATORIS II ACQUISITION COR$1.9M0.24%178,324CommonSOLE
889478103TOLTOLL BROTHERS INC$1.9M0.24%18,500CommonSOLE
92189F791GDXJVANECK ETF TRUST$1.9M0.24%50,000PUTSOLE
594972AE1MSTR 0 02/15/27MICROSTRATEGY INC$1.8M0.22%2,000CommonSOLE
70932M107PFSIPENNYMAC FINL SVCS INC NEW$1.7M0.22%19,480CommonSOLE
464285204IAUISHARES GOLD TR$1.7M0.21%43,200CommonSOLE
12769G100CZRCAESARS ENTERTAINMENT INC NE$1.6M0.21%35,000CommonSOLE
53680QAA6LARCN 1.75 01/15/27LITHIUM AMERICAS ARGENTINA C$1.6M0.21%2,500CommonSOLE
G5380L105CHENGHE ACQUISITION I CO$1.6M0.20%144,646CommonSOLE
G0283A108AMCIALPHAVEST ACQUISITION CORP$1.6M0.20%148,396CommonSOLE
G0131Y126ANSCUAGRICULTURE NAT SOL ACQ CO$1.5M0.20%151,115CommonSOLE
458140100INTCINTEL CORP$1.5M0.19%30,000CommonSOLE
56585A102MPCMARATHON PETE CORP$1.5M0.19%10,000CALLSOLE
G3034H109EMCGFEMBRACE CHANGE ACQUISITN COR$1.5M0.19%135,000CommonSOLE
V7780T103RCLROYAL CARIBBEAN GROUP$1.4M0.18%11,000PUTSOLE
69608A108PLTRPALANTIR TECHNOLOGIES INC$1.4M0.18%82,000CALLSOLE
N20944109CNHCNH INDL N V$1.4M0.18%114,141CommonSOLE
349915108FORTUNA SILVER MINES INC$1.4M0.17%351,000CALLSOLE
526057104LENLENNAR CORP$1.3M0.17%8,750CommonSOLE
29978K102EVCOEVEREST CONSOLIDATOR ACQ COR$1.3M0.17%118,991CommonSOLE
G2R18K105CSTAFCONSTELLATION ACQUISITN CORP$1.3M0.16%116,226CommonSOLE
457730109INSPINSPIRE MED SYS INC$1.3M0.16%6,200PUTSOLE
G49667101ISRLFISRAEL ACQUISITIONS CORP$1.3M0.16%117,233CommonSOLE
G1890L107CPRICAPRI HOLDINGS LIMITED$1.3M0.16%24,979CommonSOLE
20607V106CONCORD ACQUISITION CORP III$1.2M0.16%118,294CommonSOLE
G8316B100SPKLSPARK I ACQUISITION CORP$1.2M0.15%117,860CommonSOLE
G33033104KDKARES ACQUISITION CORP II$1.2M0.15%112,725CommonSOLE
462726100I8RIROBOT CORP$1.2M0.15%30,000PUTSOLE
56585A102MPCMARATHON PETE CORP$1.2M0.15%7,800CommonSOLE
G11765107BLOCKCHAIN COINVSTRS ACQ CRP$1.1M0.14%103,911CommonSOLE
G5259L103KERNEL GROUP HOLDINGS INC$1.1M0.14%104,327CommonSOLE
G6301J104MOUNTAIN CO I ACQUISITN CO$1.1M0.14%98,848CommonSOLE
37892F109GLLIGLOBALINK INVT INC$1.1M0.14%102,462CommonSOLE
G1962Y102CATCHA INVESTMENT CORP$1.1M0.14%99,363CommonSOLE
G44525106PEARL HOLDINGS ACQUISITN COR$1.1M0.14%100,000CommonSOLE
52603A208LCLENDINGCLUB CORP$1.0M0.13%116,396CommonSOLE
458140100INTCINTEL CORP$1.0M0.13%20,000PUTSOLE
464287655IWMISHARES TR$1.0M0.13%5,000CALLSOLE
848577102SAVEEURSPIRIT AIRLS INC$947,3420.12%57,800PUTSOLE
683715106OTEXOPEN TEXT CORP$937,0460.12%22,300CommonSOLE
72942P104PLUTONIAN ACQUISITION CORP$932,2240.12%87,615CommonSOLE
758075AF2RWT 7.75 06/15/27REDWOOD TRUST INC$927,2000.12%1,000CommonSOLE
22677T102FOCUS IMPACT BH3 ACQUISITION$861,3080.11%82,343CommonSOLE
351858105FNVFRANCO NEV CORP$842,1560.11%7,600CommonSOLE
64157F103NVROEURNEVRO CORP$804,8480.10%37,400PUTSOLE
09228F103BBBLACKBERRY LTD$708,0000.09%200,000CALLSOLE
69608A108PLTRPALANTIR TECHNOLOGIES INC$686,8000.09%40,000PUTSOLE
71715X203PMCBPHARMACYTE BIOTECH INC$654,9180.08%304,613CommonSOLE
42806J700HTZHERTZ GLOBAL HLDGS INC$636,9070.08%61,300CALLSOLE
70614W100PTONPELOTON INTERACTIVE INC$625,4430.08%102,700CALLSOLE
G0542S106A SPAC I ACQUISITION CORP$622,7390.08%57,132CommonSOLE
023586506UHAL/BU HAUL HOLDING COMPANY$622,1970.08%8,833CommonSOLE
39854F101GRNDGRINDR INC$616,3560.08%70,200PUTSOLE
G5S70A104MAGNUM OPUS ACQUISITION LTD$604,2400.08%56,000CommonSOLE
G69768102PEGASUS DIGITAL MOBILITY ACQ$585,8490.07%53,018CommonSOLE
74954L104RF ACQUISITION CORP$556,6190.07%51,875CommonSOLE
30069X102EXCELFIN ACQUISITION CORP$550,9220.07%51,488CommonSOLE
46428Q109SLVISHARES SILVER TR$544,5000.07%25,000CALLSOLE
M6000J119HUBCZHUB CYBER SECURITY LTD$538,4530.07%2,153,811CommonSOLE
477143101JBLUJETBLUE AWYS CORP$531,6900.07%95,800CALLSOLE
35671D857FCXFREEPORT-MCMORAN INC$485,2980.06%11,400CommonSOLE
8342EP107XPLSOLITARIO RESOURCES CORP$476,0000.06%850,000CommonSOLE
12769G100CZRCAESARS ENTERTAINMENT INC NE$468,8000.06%10,000CALLSOLE
G50737108JWSMFJAWS MUSTANG ACQUISITION COR$467,1300.06%42,856CommonSOLE
10258P102LUCKBOWLERO CORP$424,8000.05%30,000PUTSOLE
G6053N105MSSAFMETAL SKY STAR ACQUISITION C$424,2970.05%38,784CommonSOLE
91913Y100VLOVALERO ENERGY CORP$416,0000.05%3,200CommonSOLE
496902404KGCKINROSS GOLD CORP$379,3350.05%62,700CommonSOLE
64157F103NVROEURNEVRO CORP$365,8400.05%17,000CALLSOLE
42806J700HTZHERTZ GLOBAL HLDGS INC$310,5360.04%29,888CommonSOLE
34969G102FORTUNE RISE ACQUISITION COR$298,7810.04%27,261CommonSOLE
023586100UHALU HAUL HOLDING COMPANY$293,8770.04%4,093CommonSOLE
040450108ARISZ ACQUISITION CORP$277,6920.04%25,453CommonSOLE
293594107ENVXENOVIX CORPORATION$270,9700.03%21,643CommonSOLE
G0440J109APXIFAPX ACQUISITION CORP I$252,5840.03%22,633CommonSOLE
10482B101BHRBRAEMAR HOTELS RESORTS INC$250,0000.03%100,000PUTSOLE
73245B107SBCPONO CAP TWO INC$225,0200.03%21,089CommonSOLE
03748R747AIVAPARTMENT INVT MGMT CO$220,8060.03%28,200CALLSOLE
39525U107GFRGREENFIRE RES LTD NEW$207,3420.03%42,663CommonSOLE
462837204IRON HORSE ACQUISITIONS CORP$200,8000.03%20,000CommonSOLE
923372106VGASVERDE CLEAN FUELS INC$145,6830.02%61,730CommonSOLE
G25741102CROWN PROPTECH ACQUISITIONS$144,3070.02%13,550CommonSOLE
G5568L117LZM/WSLIFEZONE METALS LIMITED$136,4030.02%252,599CommonSOLE
G3937F101GLOBAL LIGHTS ACQUISITION CO$135,6570.02%13,458CommonSOLE
G4124C109GRABGRAB HOLDINGS LIMITED$134,8000.02%40,000PUTSOLE
00973W300AKERNA CORP$129,4620.02%294,231CommonSOLE
G4923T113IVCWFINVESTCORP EUROPE ACQUISITIO$117,3040.01%510,019CommonSOLE
17144M110CHURCHILL CAPITAL CORP VII$116,7490.01%729,680CommonSOLE
950415109WELSBACH TECH METALS ACQU CO$112,0820.01%10,475CommonSOLE
29978K110EVCOWEVEREST CONSOLIDATOR ACQ COR$103,9500.01%799,612CommonSOLE
G8956E117TORTOISEECOFIN ACQUISITION C$83,3590.01%926,209CommonSOLE
20460L104SPWRCOMPLETE SOLARIA INC$66,5970.01%41,623CommonSOLE
54960E104LUCY SCIENTIFIC DISCOVERY IN$65,0000.01%250,000CommonSOLE
243733110DEEP MEDICINE ACQUISITION CO$40,3540.01%134,514CommonSOLE
G33033120KDKRWARES ACQUISITION CORP II$39,5820.01%263,883CommonSOLE
20607V114CONCORD ACQUISITION CORP III$35,0000.00%350,000CommonSOLE
40472A102EONRHNR ACQUISITION CORP$33,7080.00%16,687CommonSOLE
G76088122RMGWFRMG ACQUISITION CORP III$32,4410.00%540,682CommonSOLE
040450124ARISZ ACQUISITION CORP$25,3180.00%120,564CommonSOLE
573134103MRTMARTI TECHNOLOGIES INC$24,9350.00%38,362CommonSOLE
G8059B101SLNAFSELINA HOSPITALITY PLC$23,9110.00%132,841CommonSOLE
Q9379E113VSTWFVAST RENEWABLES LIMITED$22,5580.00%225,577CommonSOLE
G3R95N111ZEOWWESGEN ACQUISITION CORP$20,6630.00%516,577CommonSOLE
G6759A134NOVA VISION ACQUISITION CORP$15,8500.00%79,252CommonSOLE
G83752116SPRING VALLEY ACQUISTN CORP$15,6500.00%260,841CommonSOLE
67190B112OAK WOODS ACQUISITION CORP$15,0360.00%501,190CommonSOLE
G4790U110INFLECTION PT ACQUISITN CRP$12,7730.00%141,922CommonSOLE
G52443127KVACWKEEN VISION ACQUISITION CORP$9,8660.00%246,657CommonSOLE
380799114GOLDEN ARROW MERGER CORP$9,6530.00%68,953CommonSOLE
296424112ESHARESH ACQUISITION CORP$9,2630.00%92,627CommonSOLE
77867R118ROTH CH ACQUISITION V CO$8,4060.00%210,154CommonSOLE
60743G118MOBXWMOBIX LABS INC$7,6410.00%109,163CommonSOLE
G8656T125TLGWFTLGY ACQUISITION CORPORATION$7,2140.00%360,690CommonSOLE
G49667119ISLWFISRAEL ACQUISITIONS CORP$7,1190.00%118,653CommonSOLE
G8316B118SPKLWSPARK I ACQUISITION CORP$6,4820.00%58,930CommonSOLE
97655B125WINVRWINVEST ACQUISITION CORP$6,2920.00%209,723CommonSOLE
G0283A116ATMVRALPHAVEST ACQUISITION CORP$6,1180.00%50,984CommonSOLE
97655B117WINVWWINVEST ACQUISITION CORP$5,6590.00%565,864CommonSOLE
G30449121ENERGEM CORP$5,2770.00%527,749CommonSOLE
98400V119XBPEWXBP EUROPE HOLDINGS INC$4,6880.00%93,752CommonSOLE
35088F115FORLWFOUR LEAF ACQUISITION CORP$4,4660.00%223,317CommonSOLE
G0223V121ATMCWALPHATIME ACQUISITION CORP$4,2480.00%141,606CommonSOLE
M6000J127HUBCWHUB CYBER SECURITY LTD$4,0450.00%404,542CommonSOLE
079174116BELLEVUE LIFE SCNCS AQSTN CO$3,9440.00%197,176CommonSOLE
G9074V114TRISTAR ACQUISITION I CORP$3,6030.00%180,162CommonSOLE
G6301J112MOUNTAIN CO I ACQUISITN CO$3,2670.00%108,900CommonSOLE
72942P120PLUTONIAN ACQUISITION CORP$3,1550.00%105,178CommonSOLE
G12729128BOWEN ACQUISITION CORP$2,9600.00%29,596CommonSOLE
G3167L117ENPHYS ACQUISITION CORP$2,8240.00%56,482CommonSOLE
318136116FINTECH ECOSYSTEM DEVE$2,7500.00%275,000CommonSOLE
G72556114PROJECT ENERGY REIMAGINED AC$2,5610.00%256,110CommonSOLE
G6859L121BRLSWOXUS ACQUISITION CORP$2,3840.00%47,682CommonSOLE
04208V111ARMADA ACQUISITION CORP I$2,1530.00%107,659CommonSOLE
G5260A112KEYARCH ACQUISITION CORP$2,0000.00%100,000CommonSOLE
84753T117SPECWSPECTAIRE HLDGS INC$1,9960.00%199,596CommonSOLE
066644113BANNIX ACQUISITION CORP$1,9530.00%195,297CommonSOLE
00792J118AAGRWAFRICAN AGRICULTURE HOLDINGS$1,8830.00%94,169CommonSOLE
G6759A118NOVA VISION ACQUISITION CORP$1,5200.00%152,000CommonSOLE
61244M117MONTEREY CAP ACQUISITION COR$1,4940.00%149,396CommonSOLE
G7243P117NCNWFNOCO NOCO INC$1,1110.00%111,090CommonSOLE
34969G110FORTUNE RISE ACQUISITION COR$1,0920.00%54,599CommonSOLE
73919C118POWER DIGITAL INFRASTRUCTU$9290.00%46,473CommonSOLE
92838J111VISION SENSING ACQUISITION C$3390.00%33,875CommonSOLE
37653T116GLOBAL SYSTEMS DYNAMICS INC$0360,675CommonSOLE
37892F125GLLIWGLOBALINK INVT INC$0320,000CommonSOLE

Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.