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 |
|---|---|---|---|---|
| PLAO | Patria Latin American Opportunity | Financial Services | Shell Companies | 10.81% |
| PLAOF | PLAOF | Financial Services | Shell Companies | 10.15% |
| PHYT | Pyrophyte Acquisition Corp | Financial Services | Shell Companies | 8.76% |
| RENEF | Cartesian Growth Corporation II | Financial Services | Shell Companies | 8.12% |
| RENE | Cartesian Growth Corporation II Class A Ordinary Shares | Financial Services | Shell Companies | 7.70% |
| SPAC-U | Mercer Park Opportunities Corp Ordinary Shares - Class A (Restricted Voting | 6.04% | ||
| TRTL_old | Terrapin 3 Acquisition Corporation | Financial Services | Shell Companies | 5.06% |
| RRAC | Rigel Resource Acquisition Corp | Financial Services | Shell Companies | 4.89% |
| NOEM | CO2 Energy Transition Corp. Common Stock | Financial Services | Shell Companies | 4.88% |
| AFJK | Aimei Health Technology Co., Ltd Ordinary Share | Financial Services | Shell Companies | 4.76% |
| GTERA | Globa Terra Acquisition Corporation Class A Ordinary Shares | Financial Services | Shell Companies | 4.72% |
| FXFXX | First American Funds Inc. - Treasury Obligations Fund | 4.67% | ||
| IBAC | IB Acquisition Corp. Common Stock | Financial Services | Shell Companies | 4.55% |
| BUJAU | Bukit Jalil Global Acquisition 1 Ltd. Unit | Financial Services | Shell Companies | 4.54% |
| IROH | Iron Horse Acquisitions Corp. Common Stock | Financial Services | Shell Companies | 4.44% |
| CFFS | CF Acquisition VII Corp | Financial Services | Shell Companies | 4.42% |
| FORL | Four Leaf Acquisition Corporation Class A Common Stock | Financial Services | Shell Companies | 4.41% |
| FSHPU | Flag Ship Acquisition Corp. Unit | Financial Services | Shell Companies | 3.97% |
| LCCCU | Lakeshore Acquisition III Corp. Unit | Financial Services | Shell Companies | 3.96% |
| CEPF | Cantor Equity Partners IV, Inc. Class A Ordinary Shares | Financial Services | Shell Companies | 3.84% |