PDS β€” PRECISION DRILLING CORP

Ownership history in K2 PRINCIPAL FUND, L.P.  Β·  5 quarters on record

This page tracks every 13F SEC filing in which K2 PRINCIPAL FUND, L.P. reported a position in PRECISION DRILLING CORP (PDS). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
0.36% (2025 Q1)
πŸ“Š Avg. % of fund
0.25%
πŸ“… First filed
2024 Q4
πŸ“… Last filed
2025 Q3
⏱ Quarters held
5

Position Intelligence

K2 PRINCIPAL FUND, L.P. Γ— PDS AI Analytics

πŸ“‰ K2 PRINCIPAL FUND, L.P. underperformed the S&P 500 by –17.7% annually on this PDS position. Timing score: 25% (1/4 decisions correct). Average cost basis: $55.48. Maximum drawdown during holding period: –23.7%.

πŸ“ˆ Position Alpha vs SPY
-17.7%
annualised excess return

❌ Significantly underperformed the S&P 500 by 17.7% ann.
4 quarters analyzed

⏱️ Timing Score
25%

⚠️ Poor timing β€” buys often preceded drops, trims preceded rallies.
1 of 4 add/trim decisions correct

πŸ’° Entry Quality
$55.48
+1.6% vs current ($56.36)

Best entry: $46.62 (2025 Q1)  Β·  Worst: $61.07 (2024 Q4)

πŸ›‘οΈ Drawdown Resilience
–23.7%
max drawdown while held

πŸ’ͺ Held through 1 major drawdown (>20%). Strong conviction under pressure.

πŸ’ͺ Fund Conviction
80%
buy-side decisions

4 adds Β· 1 trim. Bought during 1 of 1 down-price quarters. πŸ‚ Consistently bullish β€” fund kept accumulating this position.

πŸ“‘ Position Trajectory
β†’ Stable
last 4–5 quarters trend

βš–οΈ Portfolio weight has remained relatively stable β€” conviction maintained.
Currently 0.24% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    PDS price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 5 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q3 ADDED 51,600 +4,140 +8.7% 0.24% $2.9M $56.36
2025 Q2 REDUCED 47,460 -13,986 -22.8% 0.31% $2.2M $47.24
2025 Q1 ADDED 61,446 +24,000 +64.1% 0.36% $2.9M $46.62
2024 Q4 ADDED 37,446 +26,446 +240.4% 0.25% $2.3M $61.07
2024 Q4 INITIATED 11,000 β€” β€” 0.07% $672K $61.07

🏒 Other funds also holding PDS

As of 2025 Q4 β€” sorted by position size

AEGIS FINANCIAL CORP 3Y 7Y 8.64% Hartree Partners, LP 3Y 7Y 2.14% Encompass Capital Advisors LLC 3Y 7Y 1.63% Equinox Partners Investment Management LLC 3Y 7Y 1.13% GREATMARK INVESTMENT PARTNERS, INC. 3Y 7Y 1.04% Spark Investment Management LLC 3Y 7Y 0.71% Hillsdale Investment Management Inc. 3Y 7Y 0.58% SIR Capital Management, L.P. 3Y 7Y 0.45% OBERWEIS ASSET MANAGEMENT INC/ 3Y 7Y 0.26% Pine Valley Investments Ltd Liability Co 0.25%
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