First Trust Merger Arbitrage ETF (MARB)
Holdings of the Fund as of 12/26/2025

Total Number of Holdings (excluding cash): 30

Security Name Identifier CUSIP Shares / Quantity Market Value Weighting Descending sort
US Dollar $USD 15,526,470 $15,526,469.88 43.09%
Electronic Arts Inc. EA 285512109 8,055 $1,649,583.45 4.58%
Aspen Insurance Holdings Limited (Class A) AHL G05384501 39,334 $1,456,931.36 4.04%
Confluent, Inc. (Class A) CFLT 20717M103 48,119 $1,448,863.09 4.02%
Jamf Holding Corp. JAMF 47074L105 111,550 $1,450,150.00 4.02%
Hillenbrand, Inc. HI 431571108 45,491 $1,440,245.06 4.00%
Alexander & Baldwin, Inc. ALEX 014491104 69,458 $1,435,002.28 3.98%
Brighthouse Financial, Inc. BHF 10922N103 22,138 $1,435,649.30 3.98%
Plymouth Industrial REIT, Inc. PLYM 729640102 62,139 $1,359,601.32 3.77%
CSG Systems International, Inc. CSGS 126349109 17,569 $1,352,813.00 3.75%
Hologic, Inc. HOLX 436440101 16,948 $1,262,626.00 3.50%
Air Lease Corporation AL 00912X302 17,040 $1,094,138.40 3.04%
Dayforce Inc. DAY 15677J108 15,722 $1,087,333.52 3.02%
Exact Sciences Corporation EXAS 30063P105 10,726 $1,089,439.82 3.02%
Astria Therapeutics, Inc. ATXS 04635X102 83,856 $1,085,935.20 3.01%
Cadence Bank CADE 12740C103 24,731 $1,084,454.35 3.01%
MidWestOne Financial Group, Inc. MOFG 598511103 25,886 $1,011,107.16 2.81%
Frontier Communications Parent, Inc. FYBR 35909D109 25,577 $975,251.01 2.71%
Guess?, Inc. GES 401617105 43,193 $723,050.82 2.01%
ProAssurance Corporation PRA 74267C106 22,577 $543,202.62 1.51%
Bristol-Myers Squibb Co. - CVR 2367655D 39,856 $0.00 0.00%
Chinook Therapeutics Cvr .KDNYCVR 169CVR016 43,869 $0.00 0.00%
Icosavax Inc Cvr .ICVXCVR 451CVR021 100,745 $0.00 0.00%
Johnson & Johnson - CVR .JNJ-CVR 003CVR016 7,137 $0.00 0.00%
Pfizer Inc (CVR) 2596459D 20,075 $0.00 0.00%
Roche Holding AG - CVR 2595777D.SW 69,580 $0.00 0.00%
Sycamore Partners Llc -Right 2556706D 931CVR013 76,307 $0.00 0.00%
Zimmer Biomet Holdings, Inc. (CVR) 2544621D 97,345 $0.00 0.00%
BioCryst Pharmaceuticals, Inc. BCRX 09058V103 -49,475 ($377,494.25) -1.05%
Nicolet Bankshares, Inc. NIC 65406E102 -8,219 ($1,016,361.54) -2.82%
Huntington Bancshares Incorporated HBAN 446150104 -61,210 ($1,085,865.40) -3.01%
Holdings are subject to change.

The holdings information set forth above for the date indicated reflects creation and redemption transactions from the prior business day and may differ from the holdings information currently available from the Fund's custodian and accounting agent. With respect to the market value of the Fund's holdings set forth above, the pricing sources are generally third party vendors. The Fund ultimately relies on pricing information provided by the Fund's accounting agent.