K2 Financial Inc.
Long book
$137.5M
Q1 2026
Positions
59
Top-10 weight
50%
concentration
Last quarter
+7.8%
SPY +14.8%
Turnover
11%
of book per quarter
Strategy in plain words
auto-generated from filingsK2 Financial Inc. is a wealth-management firm allocating client money, running a $137.5M US long book across 59 positions.
The portfolio is moderately concentrated (top 10 ≈ 50% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: VANGUARD FTSE DEVELOPED ETF, SCHWAB US LARGE-CAP ETF, VANGUARD TOTAL BOND MARKET, SCHWAB US SMALL-CAP ETF, ISHARES NATIONAL MUNI BOND E.
Over the last 6 quarters its long book ran on average 0.9pp per quarter behind the S&P 500, beating the index in 2 of 6 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q4 2024
+0.8%
Q1 2025
+6.1%
Q2 2025
+5.2%
Q3 2025
+2.5%
Q4 2025
+0.3%
Q1 2026
+7.8%
Sector allocation
Consumer discretionary 51%
Technology 26%
Energy 23%
Long book by quarter
What does K2 Financial own?
Q1 2026 13F13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 29, 2026 | 59 | $137.5M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 22, 2026 | 58 | $129.4M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 16, 2025 | 58 | $2.7M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 17, 2025 | 59 | $113.4M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 25, 2025 | 60 | $101.9M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 7, 2025 | 60 | $100.6M | canonical | SEC ↗ |