K2 Alternative Strategies Fund

Fund Profile

Fund profile

Tickers

FAAAX, FASCX, FSKKX, FASRX, FABZX

Fund manager

Franklin K2 Alternative Strategies Fund

Total assets

$754.84 mm

Liabilities

$157.77 mm

Net assets

$597.07 mm

Number of holdings

2.88 k

Top 200 of 2878 Holdings

As of Aug 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
FIDELITY INSTL MMKT GOVT	96.68 mm	96.68 mm shares	16.19	Short-term investment vehicle	Long	USA
Dreyfus Government Cash Management	77.30 mm	77.30 mm shares	12.95	Short-term investment vehicle	Long	USA
United States Treasury Bill	34.65 mm	35.00 mm principal	5.80	Debt	Long	USA
United States Treasury Bill	31.83 mm	32.00 mm principal	5.33	Debt	Long	USA
DREYFUS QII GOV CASH 289	30.35 mm	30.35 mm shares	5.08	Short-term investment vehicle	Long	USA
United States Treasury Bill	12.12 mm	12.27 mm principal	2.03	Debt	Long	USA
United States Treasury Bill	12.11 mm	12.22 mm principal	2.03	Debt	Long	USA
United States Treasury Bill	12.11 mm	12.16 mm principal	2.03	Debt	Long	USA
CEG Constellation Energy Corporation	5.09 mm	25.90 k shares	0.85	Common equity	Long	USA
United States Treasury Note/Bond	4.67 mm	4.69 mm principal	0.78	Debt	Long	USA
GEV GE Vernova Inc.	4.14 mm	20.58 k shares	0.69	Common equity	Long	USA
MTZ MasTec, Inc.	3.58 mm	31.61 k shares	0.60	Common equity	Long	USA
MMM 3M Company	3.21 mm	23.85 k shares	0.54	Common equity	Long	USA
BMY Bristol-Myers Squibb Company	3.06 mm	61.27 k shares	0.51	Common equity	Long	USA
LLY Eli Lilly and Company	3.03 mm	3.15 k shares	0.51	Common equity	Long	USA
EIX Edison International	2.63 mm	30.24 k shares	0.44	Common equity	Long	USA
VRTX Vertex Pharmaceuticals Incorporated	2.62 mm	5.28 k shares	0.44	Common equity	Long	USA
CSC HOLDINGS 01/18/28	2.60 mm	2.71 mm principal	0.44	Loan	Long	USA
NVO Novo Nordisk A/S	2.58 mm	18.56 k shares	0.43	Common equity	Long	Denmark
AMGN Amgen Inc.	2.48 mm	7.42 k shares	0.41	Common equity	Long	USA
CRNX Crinetics Pharmaceuticals, Inc.	2.46 mm	46.32 k shares	0.41	Common equity	Long	USA
DYN Dyne Therapeutics, Inc.	2.46 mm	53.29 k shares	0.41	Common equity	Long	USA
A Agilent Technologies, Inc.	2.45 mm	17.13 k shares	0.41	Common equity	Long	USA
American Airlines Group Inc	2.42 mm	2.30 mm principal	0.41	Debt	Long	USA
PWR Quanta Services, Inc.	2.40 mm	8.71 k shares	0.40	Common equity	Long	USA
COO The Cooper Companies, Inc.	2.35 mm	22.18 k shares	0.39	Common equity	Long	USA
AZN AstraZeneca PLC	2.25 mm	25.69 k shares	0.38	Common equity	Long	UK
PCG+A Pacific Gas & Electric Co.	2.17 mm	110.02 k shares	0.36	Common equity	Long	USA
Delivery Hero SE	2.14 mm	2.00 mm principal	0.36	Debt	Long	Germany
PPL PPL Corporation	2.14 mm	66.99 k shares	0.36	Common equity	Long	USA
ISRG Intuitive Surgical, Inc.	2.13 mm	4.33 k shares	0.36	Common equity	Long	USA
DXCM DexCom, Inc.	2.10 mm	30.25 k shares	0.35	Common equity	Long	USA
WM MORRISON 6/22 11/04/27	2.04 mm	1.55 mm principal	0.34	Loan	Long	UK
APLS Apellis Pharmaceuticals, Inc.	2.03 mm	52.27 k shares	0.34	Common equity	Long	USA
GN Bondco LLC	2.02 mm	1.98 mm principal	0.34	Debt	Long	USA
Life Time Inc	2.00 mm	2.00 mm principal	0.34	Debt	Long	USA
Hitachi Ltd	1.98 mm	80.30 k shares	0.33	Common equity	Long	Japan
CHS/Community Health Systems Inc	1.97 mm	2.03 mm principal	0.33	Debt	Long	USA
MIDCAP FINL ISSU 11/01/27	1.96 mm	1.92 mm principal	0.33	Loan	Long	USA
Cigna Holding Co	1.96 mm	5.40 k shares	0.33	Common equity	Long	USA
QGEN Qiagen N.V.	1.95 mm	42.60 k shares	0.33	Common equity	Long	Netherlands
INSM Insmed Incorporated	1.89 mm	24.72 k shares	0.32	Common equity	Long	USA
COMMSCOPE 4/19 C 04/06/26	1.89 mm	1.98 mm principal	0.32	Loan	Long	USA
HUM Humana Inc.	1.80 mm	5.09 k shares	0.30	Common equity	Long	USA
ETR Entergy Corporation	1.80 mm	14.90 k shares	0.30	Common equity	Long	USA
NEE NextEra Energy, Inc.	1.78 mm	22.14 k shares	0.30	Common equity	Long	USA
ARGX argenx SE	1.66 mm	3.20 k shares	0.28	Common equity	Long	Netherlands
SNY Sanofi	1.63 mm	28.98 k shares	0.27	Common equity	Long	France
EIX Edison International	1.62 mm	1.54 mm principal	0.27	Debt	Long	USA
REGN Regeneron Pharmaceuticals, Inc.	1.61 mm	1.36 k shares	0.27	Common equity	Long	USA
ALGN Align Technology, Inc.	1.56 mm	6.57 k shares	0.26	Common equity	Long	USA
IDYA IDEAYA Biosciences, Inc.	1.55 mm	39.31 k shares	0.26	Common equity	Long	USA
Ukraine Government International Bond	1.46 mm	2.10 mm principal	0.24	Debt	Long	Ukraine
MRVI Maravai LifeSciences Holdings, Inc.	1.41 mm	156.21 k shares	0.24	Common equity	Long	USA
United States Treasury Note/Bond	1.39 mm	1.38 mm principal	0.23	Debt	Long	USA
ENPH Enphase Energy, Inc.	1.37 mm	11.32 k shares	0.23	Common equity	Long	USA
DVAX Dynavax Technologies Corporation	1.36 mm	1.11 mm principal	0.23	Debt	Long	USA
KYMR Kymera Therapeutics, Inc.	1.35 mm	27.86 k shares	0.23	Common equity	Long	USA
NARI Inari Medical, Inc.	1.34 mm	30.96 k shares	0.22	Common equity	Long	USA
JCI Johnson Controls International plc	1.31 mm	17.99 k shares	0.22	Common equity	Long	USA
EMN Eastman Chemical Company	1.30 mm	12.66 k shares	0.22	Common equity	Long	USA
CDS ITRAXX.EU.XO.41.V1	1.28 mm	1.00 contracts	0.22	Credit derivative	N/A	USA
EGYTB 0 12/10/24 CLN 144A	1.28 mm	67.10 mm principal	0.21	Debt	Long	Egypt
SE Sea Limited	1.28 mm	1.17 mm principal	0.21	Debt	Long	Cayman Islands
Valeant Pharmaceuticals International	1.25 mm	1.30 mm principal	0.21	Debt	Long	Canada
PEGA Pegasystems Inc.	1.24 mm	1.27 mm principal	0.21	Debt	Long	USA
Bayerische Motoren Werke AG	1.23 mm	13.28 k shares	0.21	Common equity	Long	Germany
BSX Boston Scientific Corporation	1.21 mm	14.82 k shares	0.20	Common equity	Long	USA
HRI Herc Holdings Inc.	1.19 mm	8.16 k shares	0.20	Common equity	Long	USA
ENVX Enovix Corporation	1.19 mm	125.06 k shares	0.20	Common equity	Long	USA
ATI ATI Inc.	1.17 mm	284.00 k principal	0.20	Debt	Long	USA
SQ Block, Inc.	1.17 mm	1.20 mm principal	0.20	Debt	Long	USA
GWRE Guidewire Software, Inc.	1.17 mm	879.00 k principal	0.20	Debt	Long	USA
EIX Edison International	1.15 mm	1.09 mm principal	0.19	Debt	Long	USA
DDOG Datadog, Inc.	1.13 mm	856.00 k principal	0.19	Debt	Long	USA
Provincia de Buenos Aires/Government Bonds	1.12 mm	2.47 mm principal	0.19	Debt	Long	Argentina
CLDX Celldex Therapeutics, Inc.	1.10 mm	26.64 k shares	0.18	Common equity	Long	USA
Match Group Financeco 2 Inc	1.10 mm	1.18 mm principal	0.18	Debt	Long	USA
MDB MongoDB, Inc.	1.09 mm	746.00 k principal	0.18	Debt	Long	USA
Lonza Group AG	1.09 mm	1.65 k shares	0.18	Common equity	Long	Switzerland
K Hovnanian Enterprises Inc	1.08 mm	975.00 k principal	0.18	Debt	Long	USA
BAUSCH HEALTH TL 01/27/27	1.07 mm	1.13 mm principal	0.18	Loan	Long	USA
PCVX Vaxcyte, Inc.	1.06 mm	13.16 k shares	0.18	Common equity	Long	USA
Cathay Pacific Finance III Ltd	1.06 mm	8.00 mm principal	0.18	Debt	Long	Cayman Islands
American Airlines Group Inc	1.05 mm	1.00 mm principal	0.18	Debt	Long	USA
BABA Alibaba Group Holding Limited	1.03 mm	992.00 k principal	0.17	Debt	Long	Cayman Islands
OTEX Open Text Corporation	1.03 mm	976.00 k principal	0.17	Debt	Long	Canada
W Wayfair Inc.	1.01 mm	1.07 mm principal	0.17	Debt	Long	USA
NOVA Sunnova Energy International Inc.	1.00 mm	90.23 k shares	0.17	Common equity	Long	USA
NET Cloudflare, Inc.	997.96 k	1.08 mm principal	0.17	Debt	Long	USA
Petroleos Mexicanos	994.45 k	1.50 mm principal	0.17	Debt	Long	Mexico
APGE Apogee Therapeutics, Inc.	974.94 k	19.05 k shares	0.16	Common equity	Long	USA
TNDM Tandem Diabetes Care, Inc.	970.96 k	663.00 k principal	0.16	Debt	Long	USA
Indonesia Treasury Bond	967.98 k	14.41 bn principal	0.16	Debt	Long	Indonesia
MNKD MannKind Corporation	966.90 k	724.00 k principal	0.16	Debt	Long	USA
INSTITUTIONAL FIDUCIARY TRUST	962.00 k	962.00 k shares	0.16	Common equity	Long	USA
AES The AES Corporation	951.35 k	55.54 k shares	0.16	Common equity	Long	USA
CBOE VIX	930.74 k	-74.00 contracts	0.16	Equity derivative	N/A	USA
CCL Carnival Corporation & plc	921.84 k	557.00 k principal	0.15	Debt	Long	Panama
Transocean Inc	917.06 k	564.00 k principal	0.15	Debt	Long	Cayman Islands
America Movil SAB de CV	915.90 k	18.83 mm principal	0.15	Debt	Long	Mexico
LCI Industries	903.03 k	901.00 k principal	0.15	Debt	Long	USA
DOCN DigitalOcean Holdings, Inc.	900.61 k	1.03 mm principal	0.15	Debt	Long	USA
CCL Carnival Corporation & plc	882.66 k	926.00 k principal	0.15	Debt	Long	Panama
HUBS HubSpot, Inc.	879.72 k	498.00 k principal	0.15	Debt	Long	USA
NBIX Neurocrine Biosciences, Inc.	872.27 k	6.87 k shares	0.15	Common equity	Long	USA
Uniti Group LP / Uniti Group Finance Inc / CSL Capital LLC	870.00 k	847.00 k principal	0.15	Debt	Long	USA
EC Ecopetrol S.A.	855.17 k	844.00 k principal	0.14	Debt	Long	Colombia
Canadian Pacific Railway Co	849.72 k	982.00 k principal	0.14	Debt	Long	Canada
IART Integra LifeSciences Holdings Corporation	837.43 k	885.00 k principal	0.14	Debt	Long	USA
VRNA Verona Pharma plc	829.26 k	30.18 k shares	0.14	Common equity	Long	UK
ZS Zscaler, Inc.	826.85 k	597.00 k principal	0.14	Debt	Long	USA
EURO-BUND	818.45 k	219.00 contracts	0.14	Interest rate derivative	N/A	Germany
Argentine Republic Government International Bond	813.25 k	1.73 mm principal	0.14	Debt	Long	Argentina
KRYS Krystal Biotech, Inc.	798.24 k	4.09 k shares	0.13	Common equity	Long	USA
VAC Marriott Vacations Worldwide Corporation	796.62 k	860.00 k principal	0.13	Debt	Long	USA
MSTR MicroStrategy Incorporated	788.03 k	700.00 k principal	0.13	Debt	Long	USA
UBER Uber Technologies, Inc.	777.15 k	10.63 k shares	0.13	Common equity	Long	USA
CDS ITRAXX.EU.41.V1	775.17 k	1.00 contracts	0.13	Credit derivative	N/A	USA
K HOVNANIAN FIXE 01/31/28	772.17 k	778.00 k principal	0.13	Loan	Long	USA
HEARTHSIDE FOOD 05/23/25	758.67 k	1.04 mm principal	0.13	Loan	Long	USA
Dominican Republic International Bond	749.87 k	42.75 mm principal	0.13	Debt	Long	Dominican Republic
Prosus NV	745.04 k	785.00 k principal	0.12	Debt	Long	Netherlands
GBX The Greenbrier Companies, Inc.	731.92 k	690.00 k principal	0.12	Debt	Long	USA
Colombian TES	730.09 k	2.58 bn principal	0.12	Debt	Long	Colombia
BATRK The Liberty Braves Group	727.17 k	651.00 k principal	0.12	Debt	Long	USA
VREX Varex Imaging Corporation	718.16 k	720.00 k principal	0.12	Debt	Long	USA
Colombian TES	716.87 k	3.53 bn principal	0.12	Debt	Long	Colombia
Turkiye Vakiflar Bankasi TAO	715.67 k	679.00 k principal	0.12	Debt	Long	Turkey
PODD Insulet Corporation	703.58 k	636.00 k principal	0.12	Debt	Long	USA
PEB Pebblebrook Hotel Trust	701.22 k	780.00 k principal	0.12	Debt	Long	USA
PSN Parsons Corporation	688.31 k	325.00 k principal	0.12	Debt	Long	USA
SHOP Shopify Inc.	687.11 k	721.00 k principal	0.12	Debt	Long	Canada
ASP UNIFRAX HLDG 12/12/25	683.26 k	698.23 k principal	0.11	Loan	Long	USA
PENN PENN Entertainment, Inc.	671.82 k	625.00 k principal	0.11	Debt	Long	USA
Angolan Government International Bond	666.49 k	696.00 k principal	0.11	Debt	Long	Angola
CARR Carrier Global Corporation	662.30 k	9.10 k shares	0.11	Common equity	Long	USA
QTWO Q2 Holdings, Inc.	650.92 k	612.00 k principal	0.11	Debt	Long	USA
XENE Xenon Pharmaceuticals Inc.	636.28 k	15.77 k shares	0.11	Common equity	Long	Canada
BATRK The Liberty Braves Group	635.19 k	662.00 k principal	0.11	Debt	Long	USA
FIVN Five9, Inc.	635.12 k	664.00 k principal	0.11	Debt	Long	USA
EXPE Expedia Group, Inc.	630.87 k	669.00 k principal	0.11	Debt	Long	USA
CDS CDX.NA.IG.42.V1	629.21 k	1.00 contracts	0.11	Credit derivative	N/A	USA
Just Eat Takeaway.com NV	623.16 k	600.00 k principal	0.10	Debt	Long	Netherlands
APTV Aptiv PLC	619.59 k	8.66 k shares	0.10	Common equity	Long	Ireland
Mitsubishi Electric Corp	613.72 k	36.43 k shares	0.10	Common equity	Long	Japan
TNDM Tandem Diabetes Care, Inc.	611.13 k	14.05 k shares	0.10	Common equity	Long	USA
VERA Vera Therapeutics, Inc.	597.97 k	15.81 k shares	0.10	Common equity	Long	USA
S&P500 EMINI	594.41 k	84.00 contracts	0.10	Equity derivative	N/A	USA
Cloud Software Group Inc	594.02 k	567.00 k principal	0.10	Debt	Long	USA
UNH UnitedHealth Group Incorporated	590.20 k	1.00 k shares	0.10	Common equity	Long	USA
EVH Evolent Health, Inc.	586.74 k	525.00 k principal	0.10	Debt	Long	USA
Bundesrepublik Deutschland Bundesanleihe	584.61 k	547.20 k principal	0.10	Debt	Long	Germany
INVA Innoviva, Inc.	568.89 k	588.00 k principal	0.10	Debt	Long	USA
Pakistan Government International Bond	568.46 k	618.00 k principal	0.10	Debt	Long	Pakistan
Peruvian Government International Bond	563.36 k	1.99 mm principal	0.09	Debt	Long	Peru
CAKE The Cheesecake Factory Incorporated	562.31 k	597.00 k principal	0.09	Debt	Long	USA
OKTA Okta, Inc.	560.93 k	607.00 k principal	0.09	Debt	Long	USA
VIAV Viavi Solutions Inc.	560.03 k	570.00 k principal	0.09	Debt	Long	USA
Tunisian Republic	549.97 k	569.00 k principal	0.09	Debt	Long	Tunisia
CURIA GLO 04/30/24	549.74 k	593.51 k principal	0.09	Loan	Long	USA
GTLS Chart Industries, Inc.	549.21 k	265.00 k principal	0.09	Debt	Long	USA
ABNB Airbnb, Inc.	547.64 k	593.00 k principal	0.09	Debt	Long	USA
Samarco Mineracao SA	545.87 k	585.80 k principal	0.09	Debt	Long	Brazil
America Movil SAB de CV	544.57 k	10.83 mm principal	0.09	Debt	Long	Mexico
Akbank TAS	544.18 k	536.00 k principal	0.09	Debt	Long	Turkey
Neoen SA	531.80 k	12.44 k shares	0.09	Common equity	Long	France
Guitar Center Inc	531.76 k	598.00 k principal	0.09	Debt	Long	USA
FLNC Fluence Energy, Inc.	528.78 k	28.79 k shares	0.09	Common equity	Long	USA
SNAP Snap Inc.	527.51 k	556.00 k principal	0.09	Debt	Long	USA
Mitchells & Butlers Finance PLC	521.24 k	403.93 k principal	0.09	Debt	Long	UK
NBR Nabors Industries Ltd.	519.83 k	6.90 k shares	0.09	Common equity	Long	USA
ECPG Encore Capital Group, Inc.	513.89 k	497.00 k principal	0.09	Debt	Long	USA
VECO Veeco Instruments Inc.	513.43 k	198.00 k principal	0.09	Debt	Long	USA
K Hovnanian Enterprises Inc	508.25 k	500.00 k principal	0.09	Debt	Long	USA
OKTA Okta, Inc.	502.39 k	528.00 k principal	0.08	Debt	Long	USA
PELOTON INTERA T 05/23/29	502.35 k	500.00 k principal	0.08	Loan	Long	USA
ENPH Enphase Energy, Inc.	493.67 k	527.00 k principal	0.08	Debt	Long	USA
FIRST BRANDS GRO 03/30/27	492.77 k	497.75 k principal	0.08	Loan	Long	USA
K HOVNANIAN RC S 06/30/26	477.99 k	500.00 k principal	0.08	Loan	Long	USA
Peruvian Government International Bond	477.45 k	1.68 mm principal	0.08	Debt	Long	Peru
CBRL Cracker Barrel Old Country Store, Inc.	472.72 k	527.00 k principal	0.08	Debt	Long	USA
COLL Collegium Pharmaceutical, Inc.	471.96 k	380.00 k principal	0.08	Debt	Long	USA
DS Smith PLC	469.66 k	76.26 k shares	0.08	Common equity	Long	UK
SOFI SoFi Technologies, Inc.	468.41 k	439.00 k principal	0.08	Debt	Long	USA
SMART Global Holdings Inc	455.27 k	382.00 k principal	0.08	Debt	Long	Cayman Islands
OPK OPKO Health, Inc.	445.28 k	301.00 k principal	0.07	Debt	Long	USA
LBRDK Liberty Broadband Corporation	443.97 k	398.00 k principal	0.07	Debt	Long	USA
WT WisdomTree, Inc.	443.50 k	424.00 k principal	0.07	Debt	Long	USA
VRT Vertiv Holdings Co	440.97 k	5.31 k shares	0.07	Common equity	Long	USA
Liberty Interactive LLC	437.12 k	1.27 mm principal	0.07	Debt	Long	USA
El Salvador Government International Bond	436.55 k	460.00 k principal	0.07	Debt	Long	El Salvador
Senegal Government International Bond	435.94 k	450.00 k principal	0.07	Debt	Long	Senegal
ENVIVA RC SOFR+2 06/30/27	433.16 k	431.00 k principal	0.07	Loan	Long	USA
CHEF The Chefs' Warehouse, Inc.	427.18 k	360.00 k principal	0.07	Debt	Long	USA
Banco de Credito del Peru S.A.	426.27 k	1.52 mm principal	0.07	Debt	Long	Peru
BE Bloom Energy Corporation	421.98 k	390.00 k principal	0.07	Debt	Long	USA
AYX Alteryx Inc - Ordinary Shares	420.91 k	410.00 k principal	0.07	Debt	Long	USA
Colombian TES	417.91 k	2.54 bn principal	0.07	Debt	Long	Colombia
Moss Creek Resources Holdings Inc	417.82 k	414.00 k principal	0.07	Debt	Long	USA