NASDAQ | ETF
The fund is an actively managed exchange-traded fund ("ETF") that under normal market conditions will invest at least 80% of its net assets, plus borrowings for investment purposes, in shares of common stock and units of Special Purpose Acquisition Companies ("SPACs") that have yet to consummate a shareholder-approved merger or business combination.
The fund seeks to invest in publicly-traded SPACs that at the time of purchase are trading at or below the SPAC"s pro rata trust account value.
The fund is non-diversified.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| PHYT | Pyrophyte Acquisition Corp | Financial Services | Shell Companies | 8.73% |
| PLAO | Patria Latin American Opportunity | Financial Services | Shell Companies | 8.52% |
| FGXXX | First American Funds Inc. - Government Obligations Fund | 5.74% | ||
| TRTL_old | Terrapin 3 Acquisition Corporation | Financial Services | Shell Companies | 5.06% |
| IROH | Iron Horse Acquisitions Corp. Common Stock | Financial Services | Shell Companies | 4.93% |
| IBAC | IB Acquisition Corp. Common Stock | Financial Services | Shell Companies | 4.89% |
| RRAC | Rigel Resource Acquisition Corp | Financial Services | Shell Companies | 4.89% |
| NOEM | CO2 Energy Transition Corp. Common Stock | Financial Services | Shell Companies | 4.88% |
| FORL | Four Leaf Acquisition Corporation Class A Common Stock | Financial Services | Shell Companies | 4.85% |
| BUJAU | Bukit Jalil Global Acquisition 1 Ltd. Unit | Financial Services | Shell Companies | 4.62% |
| SLAM_old | SLAM | Financial Services | Shell Companies | 4.46% |
| CFFS | CF Acquisition VII Corp | Financial Services | Shell Companies | 4.42% |
| ATIIU | Archimedes Tech SPAC Partners II Co. Unit | 3.31% | ||
| JACS | Jackson Acquisition Company II | Financial Services | Shell Companies | 3.31% |
| DECA | Denali Capital Acquisition Corp. Class A Ordinary Shares | Financial Services | Shell Companies | 3.06% |
| QETAU | Quetta Acquisition Corporation Unit | Financial Services | Shell Companies | 2.96% |
| TLGY | TLGY Acquisition Corp | Financial Services | Shell Companies | 2.50% |
| VMCA | Valuence Merger Corp I | Financial Services | Shell Companies | 2.50% |
| DYNX | Dynamix Corporation Class A Ordinary Shares | Financial Services | Shell Companies | 2.45% |
| CVII | Churchill Capital Corp VII Class A Common Stock | Financial Services | Shell Companies | 2.34% |