First Trust Merger Arbitrage Fund

Fund Profile

Fund profile

Tickers

VARAX, VARBX, VARCX

Fund manager

Investment Managers Series Trust II

Total assets

$1.62 bn

Liabilities

$96.44 mm

Net assets

$1.52 bn

Number of holdings

123.00

123 Holdings

As of Sep 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
AGR Avangrid, Inc.	89.55 mm	2.50 mm shares	5.90	Common equity	Long	USA
MRO Marathon Oil Corp	77.50 mm	2.91 mm shares	5.10	Common equity	Long	USA
SQSP Squarespace, Inc.	65.74 mm	1.42 mm shares	4.33	Common equity	Long	USA
SRCL Stericycle Inc	64.86 mm	1.06 mm shares	4.27	Common equity	Long	USA
MSILF Government Portfolio - Class Institutional	61.92 mm	61.92 mm principal	4.08	Short-term investment vehicle	Long	USA
SMAR Smartsheet Inc	60.47 mm	1.09 mm shares	3.98	Common equity	Long	USA
HCP HashiCorp, Inc.	46.51 mm	1.37 mm shares	3.06	Common equity	Long	USA
AACT Ares Acquisition Corporation II	44.65 mm	4.12 mm shares	2.94	Common equity	Long	USA
K Kellogg Company	43.67 mm	541.06 k shares	2.88	Common equity	Long	USA
NVEI Nuvei Corp	32.83 mm	984.46 k shares	2.16	Common equity	Long	Canada
ENV Envestnet, Inc.	32.28 mm	515.48 k shares	2.13	Common equity	Long	USA
RCM R1 RCM Inc.	32.08 mm	2.26 mm shares	2.11	Common equity	Long	USA
ANSC Agriculture & Natural Solutions Acquisition Corporation Warrant	29.28 mm	2.83 mm shares	1.93	Common equity	Long	USA
NETD Nabors Energy Transition Corp. II Class A Ordinary Shares	27.78 mm	2.61 mm shares	1.83	Common equity	Long	USA
PRFT Perficient, Inc.	27.53 mm	364.79 k shares	1.81	Common equity	Long	USA
AAM American Axle & Manufacturing Holdings, Inc.	26.72 mm	2.67 mm shares	1.76	Common equity	Long	USA
PETQ PetIQ, Inc.	26.04 mm	846.24 k shares	1.71	Common equity	Long	USA
GPAT GP-Act III Acquisition Corp. Class A Ordinary Share	23.66 mm	2.35 mm shares	1.56	Common equity	Long	USA
ALFUW Centurion Acquisition Corp.	23.51 mm	2.35 mm shares	1.55	Common equity	Long	USA
Stelco Holdings, Inc.	23.06 mm	467.58 k shares	1.52	Common equity	Long	Canada
SVII Spring Valley Acquisition Corp. II	21.71 mm	1.93 mm shares	1.43	Common equity	Long	USA
RENE Cartesian Growth Corporation II	21.14 mm	1.85 mm shares	1.39	Common equity	Long	USA
HYAC Haymaker Acquisition Corp. 4	20.42 mm	1.92 mm shares	1.34	Common equity	Long	USA
CHUY Chuy's Holdings, Inc.	19.42 mm	519.28 k shares	1.28	Common equity	Long	USA
GRAF Graf Global Corp.	18.78 mm	1.88 mm shares	1.24	Common equity	Long	USA
CUB Lionheart Holdings	18.75 mm	1.88 mm shares	1.23	Common equity	Long	USA
HONDU HCM II Acquisition Corp. Unit	18.69 mm	1.87 mm shares	1.23		Long	USA
LPAA Launch One Acquisition Corp.	18.61 mm	1.87 mm shares	1.23	Common equity	Long	USA
Heroux-Devtek, Inc.	16.86 mm	710.23 k shares	1.11	Common equity	Long	Canada
LEGT Legato Merger Corp. III	16.40 mm	1.61 mm shares	1.08	Common equity	Long	USA
MBAV M3-Brigade Acquisition V Corp. Warrant	16.40 mm	1.64 mm shares	1.08	Common equity	Long	USA
SIMA Sonics & Materials, Inc.	16.24 mm	1.63 mm shares	1.07	Common equity	Long	USA
IPXX Inflection Point Acquisition Corp. II	15.06 mm	1.40 mm shares	0.99	Common equity	Long	USA
KVAC Keen Vision Acquisition Corporation	15.03 mm	1.40 mm shares	0.99	Common equity	Long	USA
MACI Melar Acquisition Corp. I Warrant	14.38 mm	1.44 mm shares	0.95	Common equity	Long	USA
MCAA Mountain & Co. I Acquisition Corp.	13.72 mm	1.17 mm shares	0.90	Common equity	Long	USA
PHYTF Pyrophyte Acquisition Corp.	10.98 mm	953.73 k shares	0.72	Common equity	Long	USA
PLAO Patria Latin American Opportunity Acquisition Corp.	10.85 mm	934.75 k shares	0.71	Common equity	Long	Cayman Islands
VACHU Voyager Acquisition Corp Unit	10.34 mm	1.04 mm shares	0.68	Common equity	Long	USA
ISRL Israel Acquisitions Corp	10.17 mm	910.37 k shares	0.67	Common equity	Long	USA
VCIC Vine Hill Capital Investment Corp.	9.95 mm	995.18 k shares	0.66		Long	USA
RFAI RF Acquisition Corp II Right	9.50 mm	939.19 k shares	0.63	Common equity	Long	Singapore
AY Atlantica Sustainable Infrastructure plc	9.37 mm	426.14 k shares	0.62	Common equity	Long	UK
ALCYW Alchemy Investments Acquisition Corp 1	8.52 mm	782.63 k shares	0.56	Common equity	Long	USA
SLMUF Slam Corp.	8.47 mm	760.29 k shares	0.56	Common equity	Long	USA
BZAI Blaize Holdings, Inc. Common Stock	8.14 mm	721.81 k shares	0.54	Common equity	Long	USA
SPKL Spark I Acquisition Corp. Warrant	7.54 mm	717.84 k shares	0.50	Common equity	Long	USA
Mercer Park Opportunities Corp.	7.43 mm	773.35 k shares	0.49	Common equity	Long	Cayman Islands
CHEB Chenghe Acquisition II Co.	7.09 mm	707.33 k shares	0.47	Common equity	Long	Singapore
CEP Cantor Equity Partners, Inc. Class A Ordinary Shares	6.89 mm	687.55 k shares	0.45	Common equity	Long	USA
AFJK Aimei Health Technology Co., Ltd Right	6.81 mm	649.91 k shares	0.45	Common equity	Long	USA
ZALATORIS II ACQUISI TENDERED SHARES /	6.72 mm	602.74 k shares	0.44	Common equity	Long	Cayman Islands
BSII Black Spade Acquisition II Co	6.67 mm	669.30 k shares	0.44		Long	Hong Kong
APXI APx Acquisition Corp. I	6.38 mm	540.10 k shares	0.42	Common equity	Long	Mexico
BOWN Bowen Acquisition Corp	6.28 mm	583.88 k shares	0.41	Common equity	Long	USA
BKHA Black Hawk Acquisition Corporation Units	6.25 mm	611.00 k shares	0.41	Common equity	Long	USA
OAKU Oak Woods Acquisition Corporation	6.09 mm	548.26 k shares	0.40	Common equity	Long	Canada
DYCQ DT Cloud Acquisition Corporation	5.98 mm	579.60 k shares	0.39	Common equity	Long	UK
IVCUF Investcorp Europe Acquisition Corp I	5.91 mm	501.13 k shares	0.39	Common equity	Long	USA
ATMV AlphaVest Acquisition Corp.	5.85 mm	524.85 k shares	0.38	Common equity	Long	USA
SKGR SK Growth Opportunities Corporation	5.74 mm	507.47 k shares	0.38	Common equity	Long	USA
FSHP Flag Ship Acquisition Corp. Ordinary Shares	5.57 mm	556.29 k shares	0.37	Common equity	Long	USA
GLAC Global Lights Acquisition Corp Ordinary Shares	5.57 mm	532.29 k shares	0.37	Common equity	Long	China
HSPO Horizon Space Acquisition I Corp. Warrant	5.52 mm	492.47 k shares	0.36	Common equity	Long	USA
CLBR Colombier Acquisition Corp. II	5.49 mm	535.42 k shares	0.36	Common equity	Long	USA
JVSA JV SPAC Acquisition Corp. Class A Ordinary Share	5.48 mm	529.99 k shares	0.36	Common equity	Long	Hong Kong
LEARN CW INVESTMENT TENDERED SHARES /	5.32 mm	484.17 k shares	0.35	Common equity	Long	USA
AITR AI TRANSPORTATION ACQUISITION CORP Right	5.31 mm	506.46 k shares	0.35	Common equity	Long	USA
NEPH Nephros, Inc.	5.16 mm	722.75 k shares	0.34	Common equity	Long	USA
WELUF Integrated Wellness Acquisition Corp	4.95 mm	419.48 k shares	0.33	Common equity	Long	USA
NFSCF Enphys Acquisition Corp.	4.52 mm	408.73 k shares	0.30	Common equity	Long	USA
EVGR Evergreen Corporation	4.51 mm	386.29 k shares	0.30	Common equity	Long	Malaysia
ATMC AlphaTime Acquisition Corp	4.48 mm	400.28 k shares	0.30	Common equity	Long	USA
FNVTF Finnovate Acquisition Corp.	4.46 mm	385.51 k shares	0.29	Common equity	Long	Cayman Islands
CSTAF Constellation Acquisition Corp I	4.41 mm	384.01 k shares	0.29	Common equity	Long	USA
EURK Eureka Acquisition Corp Class A Ordinary Share	4.18 mm	415.65 k shares	0.28	Common equity	Long	China
Chenghe Acquisition I Co.	4.18 mm	360.54 k shares	0.28	Common equity	Long	USA
GIG GigCapital7 Corp.	4.10 mm	412.70 k shares	0.27	Common equity	Long	USA
Blue Ocean Acquisition Corp	3.82 mm	330.48 k shares	0.25	Common equity	Long	USA
TLGYF Tlgy Acquisition Corp	3.77 mm	326.92 k shares	0.25	Common equity	Long	USA
IXAQF IX Acquisition Corp.	3.73 mm	322.11 k shares	0.25	Common equity	Long	UK
BFQUF Battery Future Acquisition Corp.	3.36 mm	303.96 k shares	0.22	Common equity	Long	USA
BAYA Bayview Acquisition Corp Class A Ordinary Shares	3.35 mm	320.09 k shares	0.22	Common equity	Long	USA
SWN Southwestern Energy Company	3.27 mm	460.44 k shares	0.22	Common equity	Long	USA
INST Instructure Holdings, Inc.	3.09 mm	131.27 k shares	0.20	Common equity	Long	USA
HGAS Global Gas Corporation	2.77 mm	247.22 k shares	0.18	Common equity	Long	Cayman Islands
ESHA ESH Acquisition Corp.	2.73 mm	257.49 k shares	0.18	Common equity	Long	USA
CRTUF Cartica Acquisition Corp	2.68 mm	234.86 k shares	0.18	Common equity	Long	USA
BAYVIEW ACQUISITION TENDER SECURITY /	2.30 mm	223.00 k shares	0.15	Common equity	Long	USA
Perception Capital Corp. IV	2.09 mm	188.31 k shares	0.14	Common equity	Long	USA
EMCG Embrace Change Acquisition Corp.	2.07 mm	180.00 k shares	0.14	Common equity	Long	China
TMTC TMT Acquisition Corp.	1.86 mm	165.75 k shares	0.12	Common equity	Long	USA
POLE Andretti Acquisition Corp. II Unit	1.86 mm	185.79 k shares	0.12		Long	USA
Sleep Country Canada Holdings, Inc.	1.76 mm	68.06 k shares	0.12	Common equity	Long	Canada
TWKS Thoughtworks Holding, Inc.	1.71 mm	385.93 k shares	0.11	Common equity	Long	USA
MITAU Coliseum Acquisition Corp.	1.60 mm	144.35 k shares	0.11	Common equity	Long	USA
Swiftmerge Acquisition Corp. - Class A	1.52 mm	137.84 k shares	0.10	Common equity	Long	Canada
CCIX Churchill Capital Corp IX Warrant	1.12 mm	112.22 k shares	0.07	Common equity	Long	USA
CSLUF CSLM Acquisition Corp.	1.03 mm	91.44 k shares	0.07	Common equity	Long	USA
MSSAW Metal Sky Star Acquisition Corporation	700.65 k	61.62 k shares	0.05	Common equity	Long	USA
CAPN Cayson Acquisition Corp Unit	668.61 k	66.73 k shares	0.04		Long	USA
QETA Quetta Acquisition Corporation Right	566.37 k	54.41 k shares	0.04	Common equity	Long	USA
ABIOMED, Inc. CONTINGENT VALUE RHT /	293.50 k	287.74 k contracts	0.02	Equity derivative	N/A	USA
CFFS CF Acquisition Corp. VII	267.80 k	24.13 k shares	0.02	Common equity	Long	USA
AAM American Axle & Manufacturing Holdings, Inc.	80.01 k	1.33 mm contracts	0.01	Equity derivative	N/A	USA
NETD Nabors Energy Transition Corp. II Class A Ordinary Shares	59.81 k	664.60 k contracts	0.00	Equity derivative	N/A	USA
CLBR Colombier Acquisition Corp. II	57.11 k	178.48 k contracts	0.00	Equity derivative	N/A	USA
FSHP Flag Ship Acquisition Corp. Ordinary Shares	50.66 k	460.53 k contracts	0.00	Equity derivative	N/A	USA
VACHU Voyager Acquisition Corp Unit	28.12 k	340.86 k contracts	0.00	Equity derivative	N/A	USA
Mercer Park Opportunities Corp.	11.60 k	773.35 k contracts	0.00	Equity derivative	N/A	Canada
Mercer Park Opportunities Corp.	3.87 k	773.35 k contracts	0.00	Equity derivative	N/A	Cayman Islands
HYAC Haymaker Acquisition Corp. 4	104.48	653.00 contracts	0.00	Equity derivative	N/A	USA
MBAV M3-Brigade Acquisition V Corp. Warrant	10.03	1.00 shares	0.00		Long	USA
VACHU Voyager Acquisition Corp Unit	10.00	1.00 shares	0.00		Long	USA
GP-ACT III SPONSOR CL B CONT IN ADVANCE /	2.45	245.30 k shares	0.00	Common equity	Long	Cayman Islands
CENTURIAN CL B CL B /	2.42	242.15 k shares	0.00	Common equity	Long	Cayman Islands
GP-ACT III SPONSOR CL A CONT IN ADVANCE /	1.96	196.24 k shares	0.00	Common equity	Long	Cayman Islands
CENTURIAN CL A CL A /	1.94	193.72 k shares	0.00	Common equity	Long	Cayman Islands
Smartsheet, Inc.	-4.89 k	-89.00 contracts	-0.00	Equity derivative	N/A	USA
CLF Cleveland-Cliffs Inc.	-2.71 mm	-212.28 k shares	-0.18	Common equity	Short	USA
EXE Expand Energy Corporation	-3.28 mm	-39.92 k shares	-0.22	Common equity	Short	USA
CANADIAN DOLLARS /	-40.49 mm	-54.76 mm other units	-2.67	Short-term investment vehicle	Short	Canada
COP ConocoPhillips	-78.12 mm	-742.02 k shares	-5.14	Common equity	Short	USA