{"entity_type":"fund","name":"Nexpoint Merger Arbitrage Fund","identifiers":{"lei":"549300O24D7XG2BMWB63","cik":"1354917","fund_id":"S000054634","fundkey":"nexpoint-merger-arbitrage-fund"},"dates":{"reporting_period_start":"2025-12-31","reporting_period_end":"2026-06-30","filing_date":"2026-03-02"},"summary":{"total_positions":92,"total_value_usd":1607375773.44,"asset_categories":["ABS-CBDO","LON","DBT","EC","STIV","DE"],"by_asset_category":{"EC":{"positions":65,"total_value_usd":1435870425.27},"DBT":{"positions":8,"total_value_usd":110921217.76},"LON":{"positions":3,"total_value_usd":50181001.15},"DE":{"positions":13,"total_value_usd":807867.11},"ABS-CBDO":{"positions":2,"total_value_usd":5326868.93},"STIV":{"positions":1,"total_value_usd":4268393.22}}},"holdings":[{"issuer_name":"DAYFORCE, INC.","title":"DAYFORCE INC COMMON STOCK","isin":"US15677J1088","value_usd":94893052.8,"pct_val":7.826872091474,"balance":1372080,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"WNS (HOLDINGS) LIMITED","title":"WNS HOLDINGS LTD COMMON STOCK","isin":"JE00BQC4YW14","value_usd":90229926.91,"pct_val":7.923768606709,"balance":1183033,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Avidxchange Holdings Inc","title":"AVIDXCHANGE HOLDINGS INC COMMON STOCK","isin":"US05368X1028","value_usd":88247147,"pct_val":7.749645788006,"balance":8869060,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"CYBERARK SOFTWARE LTD.","title":"CYBERARK SOFTWARE LTD/ISRAEL COMMON STOCK","isin":"IL0011334468","value_usd":75606277.88,"pct_val":6.236079974436,"balance":169498,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Avidity Biosciences Inc","title":"AVIDITY BIOSCIENCES INC COMMON STOCK","isin":"US05370A1088","value_usd":59463972,"pct_val":4.904646748755,"balance":824400,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"CIDARA THERAPEUTICS INC","title":"CIDARA THERAPEUTICS INC COMMON STOCK","isin":"US1717572069","value_usd":59437081.2,"pct_val":4.902428769189,"balance":269080,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"SEALED AIR CORPORATION","title":"SEALED AIR CORP COMMON STOCK","isin":"US81211K1007","value_usd":59176540.5,"pct_val":4.880939116645,"balance":1428350,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"HOLOGIC, INC.","title":"HOLOGIC INC COMMON STOCK","isin":"US4364401012","value_usd":58556589,"pct_val":4.829804908711,"balance":786100,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"HILLENBRAND, INC.","title":"HILLENBRAND INC COMMON STOCK","isin":"US4315711089","value_usd":58309290,"pct_val":4.809407444574,"balance":1838250,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"VERONA PHARMA PLC.","title":"VERONA PHARMA PLC - ADR DEPOSITARY RECEIPT","isin":"US9250501064","value_usd":56437851.9,"pct_val":4.956232310388,"balance":528890,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"InterRent Real Estate Investment Trust","title":"INTERRENT REAL ESTATE INVEST REIT","isin":"CA46071W2058","value_usd":50364197.56,"pct_val":4.154088425447,"balance":5234020,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":null,"inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"EXACT SCIENCES CORPORATION","title":"EXACT SCIENCES CORP COMMON STOCK","isin":"US30063P1057","value_usd":47448832,"pct_val":3.913626213887,"balance":467200,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"AIR LEASE CORPORATION","title":"AIR LEASE CORP COMMON STOCK","isin":"US00912X3026","value_usd":45542281.5,"pct_val":3.756372058191,"balance":709050,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"FRONTIER COMMUNICATIONS PARENT, INC.","title":"FRONTIER COMMUNICATIONS PARE COMMON STOCK","isin":"US35909D1090","value_usd":45512685,"pct_val":3.753930909835,"balance":1195500,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"CONFLUENT, INC.","title":"CONFLUENT INC-CLASS A COMMON STOCK","isin":"US20717M1036","value_usd":41809824,"pct_val":3.448515301797,"balance":1382600,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"SEMRUSH HOLDINGS, INC.","title":"SEMRUSH HOLDINGS INC-A COMMON STOCK","isin":"US81686C1045","value_usd":41308832.5,"pct_val":3.40719303137,"balance":3474250,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"ELECTRONIC ARTS INC.","title":"ELECTRONIC ARTS INC COMMON STOCK","isin":"US2855121099","value_usd":40612630.8,"pct_val":3.349769632133,"balance":198760,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"DELIVEROO PLC","title":"DELIVEROO PLC COMMON STOCK","isin":"GB00BNC5T391","value_usd":37870078.66,"pct_val":3.325656472259,"balance":15629916,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":null,"inv_country":"GB","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"CLEARWATER ANALYTICS HOLDINGS, INC.","title":"CLEARWATER ANALYTICS HDS-A COMMON STOCK","isin":"US1851231068","value_usd":35992346.4,"pct_val":2.968684042008,"balance":1492220,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"BRIGHTHOUSE FINANCIAL, INC.","title":"BRIGHTHOUSE FINANCIAL INC COMMON STOCK","isin":"US10922N1037","value_usd":35530317.68,"pct_val":2.930575459901,"balance":548392,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"JAMF HOLDING CORP.","title":"JAMF HOLDING CORP COMMON STOCK","isin":"US47074L1052","value_usd":35288714.3,"pct_val":2.910647776089,"balance":2712430,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"CHART INDUSTRIES, INC.","title":"CHART INDUSTRIES INC COMMON STOCK","isin":"US16115Q3083","value_usd":34854932.3,"pct_val":2.87486901116,"balance":169010,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"SPECTRIS PLC","title":"SPECTRIS PLC COMMON STOCK","isin":"GB0003308607","value_usd":34453182.36,"pct_val":3.025593105685,"balance":622470,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":null,"inv_country":"GB","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"MR COOPER GROUP INC","title":"MR COOPER GROUP INC COMMON STOCK","isin":"US62482R1077","value_usd":33775935.65,"pct_val":2.966118977716,"balance":160235,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Just Eat Takeaway.com N.V.","title":"JUST EAT TAKEAWAY COMMON STOCK","isin":"NL0012015705","value_usd":33623744.41,"pct_val":2.952753920123,"balance":1415340,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":null,"inv_country":"NL","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"SHELF DRILLING HOLDINGS, LTD.","title":"SHELF DRILLING HOLDINGS LTD 144A 9.625000% 04/15/2029","isin":"US822538AH74","value_usd":31696275.92,"pct_val":2.783488413273,"balance":30230000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"NUSS","inv_country":"AE","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"CSG SYSTEMS INTERNATIONAL, INC.","title":"CSG SYSTEMS INTL INC COMMON STOCK","isin":"US1263491094","value_usd":28560122.9,"pct_val":2.355666956212,"balance":372410,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"PROASSURANCE CORPORATION","title":"PROASSURANCE CORP COMMON STOCK","isin":"US74267C1062","value_usd":28088657.6,"pct_val":2.316780035729,"balance":1162610,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"TXNM Energy, Inc.","title":"TXNM ENERGY INC COMMON STOCK","isin":"US69349H1077","value_usd":27311723.52,"pct_val":2.252697750585,"balance":463854,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"INTEGRAL AD SCIENCE HOLDING CORP.","title":"INTEGRAL AD SCIENCE HOLDING COMMON STOCK","isin":"US45828L1089","value_usd":27286730.37,"pct_val":2.396253049181,"balance":2683061,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"LUMEN TECHNOLOGIES INC.","title":"LUMEN TECHNOLOGIES INC. 4/16/2029","isin":null,"value_usd":25289515.97,"pct_val":2.085904087938,"balance":25386237.54,"units":"PA","currency":"USD","asset_cat":"LON","issuer_cat":null,"inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"WORLDPAY/BOOST NEWCO 1/25 (USD) TLB","title":"WORLDPAY/BOOST NEWCO 1/25 (USD) TLB 1/31/2031","isin":null,"value_usd":24383803.87,"pct_val":2.011200065365,"balance":24315356.14,"units":"PA","currency":"USD","asset_cat":"LON","issuer_cat":null,"inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"VERINT SYSTEMS INC.","title":"VERINT SYSTEMS INC COMMON STOCK","isin":"US92343X1000","value_usd":22718880,"pct_val":1.99511574805,"balance":1121920,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"KELLANOVA","title":"KELLANOVA COMMON STOCK","isin":"US4878361082","value_usd":21574786.86,"pct_val":1.894644323365,"balance":263043,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Tourmaline Bio Inc","title":"TOURMALINE BIO INC COMMON STOCK","isin":"US89157D1054","value_usd":19586050.19,"pct_val":1.719998396759,"balance":409493,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"BOOST NEWCO BORROWER, LLC","title":"BOOST NEWCO BORROWER LLC 144A 7.500000% 01/15/2031","isin":"US36268NAA81","value_usd":18555108.5,"pct_val":1.530443552901,"balance":17450000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"ECHOSTAR CORPORATION","title":"ECHOSTAR CORP 10.750000% 11/30/2029","isin":"US278768AC00","value_usd":17428653.74,"pct_val":1.437532459168,"balance":15750000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Soho House & Co Inc.","title":"SOHO HOUSE & CO INC COMMON STOCK","isin":"US5860011098","value_usd":14956166.4,"pct_val":1.233599277687,"balance":1669215,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"GUILD HOLDINGS COMPANY","title":"GUILD HOLDINGS CO - CLASS A COMMON STOCK","isin":"US40172N1072","value_usd":14615820.6,"pct_val":1.283525149555,"balance":732990,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"FOUNDATION BUILDING MATERIALS, INC.","title":"FOUNDATION BUILDING MATERIALS INC 144A 6.000000% 03/01/2029","isin":"US350392AA45","value_usd":13692151.85,"pct_val":1.202410848626,"balance":13500000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"HEWLETT PACKARD ENTERPRISE COMPANY","title":"HEWLETT PACKARD ENTERPRISE CO 5.600000% 10/15/2054","isin":"US42824CBW82","value_usd":13011576.19,"pct_val":1.142644380516,"balance":13598000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"ALEXANDER & BALDWIN, INC.","title":"ALEXANDER & BALDWIN INC REIT","isin":"US0144911049","value_usd":12820556.64,"pct_val":1.057452089504,"balance":621151,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"MRC GLOBAL INC.","title":"MRC GLOBAL INC COMMON STOCK","isin":"US55345K1034","value_usd":12098726.08,"pct_val":1.062480145744,"balance":839024,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"VIMEO, INC.","title":"VIMEO INC COMMON STOCK","isin":"US92719V1008","value_usd":11846278,"pct_val":1.040310780882,"balance":1528552,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"HANESBRANDS INC.","title":"HANESBRANDS INC COMMON STOCK","isin":"US4103451021","value_usd":11654975.15,"pct_val":1.023511038612,"balance":1768585,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"STEELCASE INC.","title":"STEELCASE INC-CL A COMMON STOCK","isin":"US8581552036","value_usd":11156814.4,"pct_val":0.979763795905,"balance":648652,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"PARKLAND CORPORATION.","title":"PARKLAND CORP COMMON STOCK","isin":"CA70137W1086","value_usd":10914974.13,"pct_val":0.958525982633,"balance":394470,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":null,"inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Aris Water Solutions Inc","title":"ARIS WATER SOLUTIONS INC-A COMMON STOCK","isin":"US04041L1061","value_usd":10890077.94,"pct_val":0.956339660916,"balance":441609,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Andlauer Healthcare Group Inc.","title":"ANDLAUER HEALTHCARE GROUP IN COMMON STOCK","isin":"CA0342231077","value_usd":10372714.53,"pct_val":0.910906088189,"balance":273500,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":null,"inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"PLYMOUTH INDUSTRIAL REIT, INC.","title":"PLYMOUTH INDUSTRIAL REIT INC REIT","isin":"US7296401026","value_usd":8539785.88,"pct_val":0.704369917492,"balance":390301,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"SEALED AIR CORPORATION","title":"SEALED AIR CORP/SEALED AIR CORP US 144A 7.250000% 02/15/2031","isin":"US812127AB45","value_usd":8341984,"pct_val":0.688055024372,"balance":8000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"MERIDIANLINK, INC.","title":"MERIDIANLINK INC COMMON STOCK","isin":"US58985J1051","value_usd":6263181.87,"pct_val":0.550017112716,"balance":314259,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"STAAR SURGICAL COMPANY","title":"STAAR SURGICAL CO COMMON STOCK","isin":"US8523123052","value_usd":5562090,"pct_val":0.488448961879,"balance":207000,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"ALLETE, INC.","title":"ALLETE INC COMMON STOCK","isin":"US0185223007","value_usd":5184644.8,"pct_val":0.455302659661,"balance":78082,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"BLACK DIAMOND CLO LTD.","title":"BLACK DIAMOND CLO 2022-1 LTD BLACK 2022-1A A1A","isin":"US09203BAC54","value_usd":5015000,"pct_val":0.413642120055,"balance":5000000,"units":"PA","currency":"USD","asset_cat":"ABS-CBDO","issuer_cat":"CORP","inv_country":"JE","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"N/A","title":"DREYFUS TREASURY PRIME CASH MANAGEMENT/ CLASS A","isin":"US2619081076","value_usd":4268393.22,"pct_val":0.352061260369,"balance":4268393.22,"units":"PA","currency":"USD","asset_cat":"STIV","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"SEALED AIR CORPORATION","title":"SEALED AIR CORP 144A 6.500000% 07/15/2032","isin":"US812127AC28","value_usd":4159412,"pct_val":0.343072382425,"balance":4000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"GETTY IMAGES, INC.","title":"GETTY IMAGES INC 144A 10.500000% 11/15/2030","isin":"US374276AR47","value_usd":4036055.56,"pct_val":0.332897822233,"balance":4000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"PARAMOUNT GROUP, INC.","title":"PARAMOUNT GROUP INC REIT","isin":"US69924R1086","value_usd":3480548.76,"pct_val":0.30565316789,"balance":532194,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"WALGREENS BOOTS ALLIANCE, INC.","title":"WALGREENS BOOTS ALLIANCE INC COMMON STOCK","isin":"US9314271084","value_usd":2075176.84,"pct_val":0.171162621652,"balance":3915428,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"3","payoff_profile":"Long"},{"issuer_name":"PROS HOLDINGS, INC.","title":"PROS HOLDINGS INC COMMON STOCK","isin":"US74346Y1038","value_usd":1702373.37,"pct_val":0.149498211159,"balance":74307,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"EQV Ventures Acquisition Corp II","title":"EQV VENTURES ACQUISITION C-A SPECIAL PURPOSE ACQUISITION COMPANIES","isin":"KYG3106Q1029","value_usd":1492500,"pct_val":0.131067651836,"balance":150000,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"LightWave Acquisition Corp","title":"LIGHTWAVE ACQUISITION CORP UNIT","isin":"KYG5490M1188","value_usd":1019000,"pct_val":0.084048119708,"balance":100000,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"GOLDMAN SACHS & CO. LLC","title":"BRK: GOLDMAN SACHS","isin":null,"value_usd":661498.11,"pct_val":0.054561013087,"balance":921660,"units":"NC","currency":null,"asset_cat":"DE","issuer_cat":null,"inv_country":"XX","fair_val_level":"2","payoff_profile":"N/A"},{"issuer_name":"Anchor Packaging 12/24 Cov-Lite TLB","title":"Anchor Packaging 12/24 Cov-Lite TLB 7/18/2029","isin":null,"value_usd":507681.31,"pct_val":0.044583314695,"balance":504894.29,"units":"PA","currency":"USD","asset_cat":"LON","issuer_cat":null,"inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"MJX VENTURE MANAGEMENT II LLC","title":"VENTURE XXVII CLO LTD VENTR 2017-27RA A","isin":"US60689WAA99","value_usd":311868.93,"pct_val":0.025723255311,"balance":311479.5854,"units":"PA","currency":"USD","asset_cat":"ABS-CBDO","issuer_cat":"CORP","inv_country":"KY","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"N/A","title":"BLUEPRINT MEDICINES CORP - CVR CONTINGENT VALUE RIGHT","isin":"US09627Y1091","value_usd":197068.6,"pct_val":0.016254411465,"balance":428410,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"3","payoff_profile":"Long"},{"issuer_name":"N/A","title":"ABIOMED INC - CVR CONTINGENT VALUE RIGHT","isin":null,"value_usd":174915.72,"pct_val":0.014427220189,"balance":171486,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"3","payoff_profile":"Long"},{"issuer_name":"INTEGRATED RAIL AND RESOURCES ACQUISITION CORP WT","title":"INTEGRATED RAIL AND RESOURCES ACQUISITION CORP WT EXPIRATION: 11/12/26","isin":null,"value_usd":108899.88,"pct_val":0.00898216894,"balance":147162,"units":"NC","currency":"USD","asset_cat":"DE","issuer_cat":null,"inv_country":"US","fair_val_level":"2","payoff_profile":"N/A"},{"issuer_name":"EQV VENTURES ACQUISITION CORP II WT","title":"EQV VENTURES ACQUISITION CORP II WT EXPIRATION: 06/30/31","isin":"KYG3106Q1284","value_usd":17500,"pct_val":0.001443417168,"balance":50000,"units":"NC","currency":"USD","asset_cat":"DE","issuer_cat":null,"inv_country":"US","fair_val_level":"2","payoff_profile":"N/A"},{"issuer_name":"EQV VENTURES ACQUISITION CORP II WT","title":"EQV VENTURES ACQUISITION CORP II WT EXPIRATION: 06/30/31","isin":null,"value_usd":12000,"pct_val":0.001053810266,"balance":50000,"units":"NC","currency":"USD","asset_cat":"DE","issuer_cat":null,"inv_country":"US","fair_val_level":"2","payoff_profile":"N/A"},{"issuer_name":"GUESS ?, INC.","title":"GUESS? INC COMMON STOCK","isin":"US4016171054","value_usd":10066.75,"pct_val":0.000830315416,"balance":601,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"SMX (Security Matters) PLC","title":"SMX SECURITY MATTERS PLC WT EXPIRATION: 03/07/28","isin":"IE000P1K5QY9","value_usd":4299.89,"pct_val":0.000354659145,"balance":113155,"units":"NC","currency":"USD","asset_cat":"DE","issuer_cat":null,"inv_country":"IE","fair_val_level":"2","payoff_profile":"N/A"},{"issuer_name":"CERo Therapeutics Holdings Inc","title":"CERO THERAPEUTICS HOLDINGS INC WT EXPIRATION: 02/14/29","isin":"US71902K1135","value_usd":967.79,"pct_val":0.000079824268,"balance":108741,"units":"NC","currency":"USD","asset_cat":"DE","issuer_cat":null,"inv_country":"US","fair_val_level":"2","payoff_profile":"N/A"},{"issuer_name":"Spectaire Holdings Inc","title":"SPECTAIRE HOLDINGS INC WT EXPIRATION: 10/17/28","isin":"US84753T1170","value_usd":851.74,"pct_val":0.00007025235,"balance":198080,"units":"NC","currency":"USD","asset_cat":"DE","issuer_cat":null,"inv_country":"US","fair_val_level":"2","payoff_profile":"N/A"},{"issuer_name":"Apollomics Inc","title":"APOLLOMICS INC WT EXPIRATION: 12/08/27","isin":"KYG0411D1152","value_usd":789.03,"pct_val":0.000065079968,"balance":71084,"units":"NC","currency":"USD","asset_cat":"DE","issuer_cat":null,"inv_country":"US","fair_val_level":"2","payoff_profile":"N/A"},{"issuer_name":"AltEnergy Acquisition Corp","title":"ALTENERGY ACQUISITION CORP WT EXPIRATION: 11/02/28","isin":"US02157M1163","value_usd":718.75,"pct_val":0.000059283205,"balance":12500,"units":"NC","currency":"USD","asset_cat":"DE","issuer_cat":null,"inv_country":"US","fair_val_level":"2","payoff_profile":"N/A"},{"issuer_name":"GOLDMAN SACHS & CO. LLC","title":"BRK: GOLDMAN SACHS","isin":null,"value_usd":341.91,"pct_val":0.000030025689,"balance":718,"units":"NC","currency":"USD","asset_cat":"DE","issuer_cat":null,"inv_country":"US","fair_val_level":"2","payoff_profile":"N/A"},{"issuer_name":"MCGRATH RENTCORP","title":"MCGRATH RENTCORP COMMON STOCK","isin":"US5805891091","value_usd":104.93,"pct_val":0.000008654729,"balance":1,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Appreciate Holdings Inc","title":"APPRECIATE HOLDINGS INC WT EXPIRATION: 11/29/27","isin":"US03832J1144","value_usd":0.01,"pct_val":8.24e-10,"balance":12612,"units":"NC","currency":"USD","asset_cat":"DE","issuer_cat":null,"inv_country":"US","fair_val_level":"2","payoff_profile":"N/A"},{"issuer_name":"GCI LIBERTY INC - CLASS A ESCROW","title":"GCI LIBERTY INC - CLASS A ESCROW COMMON STOCK","isin":null,"value_usd":0,"pct_val":0,"balance":88561,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"3","payoff_profile":"Long"},{"issuer_name":"UNKNOWN","title":"GRAPHJET TECHNOLOGY WT EXPIRATION: 11/16/26","isin":null,"value_usd":0,"pct_val":0,"balance":225000,"units":"NC","currency":"USD","asset_cat":"DE","issuer_cat":null,"inv_country":"MY","fair_val_level":"2","payoff_profile":"N/A"},{"issuer_name":"EVEREST CONSOLIDATOR ACQUISITION CORP WT","title":"EVEREST CONSOLIDATOR ACQUISITION CORP WT EXPIRATION: 07/19/28","isin":null,"value_usd":0,"pct_val":0,"balance":30463,"units":"NC","currency":"USD","asset_cat":"DE","issuer_cat":null,"inv_country":"US","fair_val_level":"2","payoff_profile":"N/A"},{"issuer_name":"Cantaloupe, Inc.","title":"CANTALOUPE INC COMMON STOCK","isin":"US1381031061","value_usd":-5299380,"pct_val":-0.43709806145,"balance":-499000,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Short"},{"issuer_name":"HNI CORPORATION","title":"HNI CORP COMMON STOCK","isin":"US4042511000","value_usd":-6661460.95,"pct_val":-0.58499299465,"balance":-142187,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Short"},{"issuer_name":"WESTERN MIDSTREAM PARTNERS, LP","title":"WESTERN MIDSTREAM PARTNERS L PARTNERSHIP SHARES","isin":"US9586691035","value_usd":-7808494.6,"pct_val":-0.68572264764,"balance":-198740,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Short"},{"issuer_name":"LES VETEMENTS DE SPORT GILDAN INC.","title":"GILDAN ACTIVEWEAR INC COMMON STOCK","isin":"CA3759161035","value_usd":-10428854,"pct_val":-0.91583611734,"balance":-180430,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Short"},{"issuer_name":"DNOW INC.","title":"DNOW INC COMMON STOCK","isin":"US67011P1003","value_usd":-12142324.5,"pct_val":-1.06630885095,"balance":-796218,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Short"},{"issuer_name":"Informatica Inc","title":"INFORMATICA INC - CLASS A COMMON STOCK","isin":"US45674M1018","value_usd":-22494855.6,"pct_val":-1.97544248033,"balance":-905590,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Short"},{"issuer_name":"ASPEN INSURANCE HOLDINGS LIMITED","title":"ASPEN INSURANCE HOLDINGS-A COMMON STOCK","isin":"BMG053845019","value_usd":-22931881,"pct_val":-1.89144404261,"balance":-618110,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Short"},{"issuer_name":"ROCKET COMPANIES, INC.","title":"ROCKET COS INC-CLASS A COMMON STOCK","isin":"US77311W1018","value_usd":-34158974.82,"pct_val":-2.99975652851,"balance":-1762589,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Short"},{"issuer_name":"PALO ALTO NETWORKS, INC.","title":"PALO ALTO NETWORKS INC COMMON STOCK","isin":"US6974351057","value_usd":-68705126.4,"pct_val":-5.66686622986,"balance":-372992,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":null,"inv_country":"US","fair_val_level":"1","payoff_profile":"Short"}],"source_documents":[{"label":"SEC NPORT-P Filings","url":"https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1354917&type=NPORT&dateb=&owner=exclude&count=40"}],"dataset":{"json":"https://dealcharts.org/llm/facts/fund/nexpoint-merger-arbitrage-fund.json","page":"https://dealcharts.org/capitalmarkets/funds/nexpoint-merger-arbitrage-fund/"},"provenance":{"curator":"CMD+RVL","curator_url":"https://cmdrvl.com","platform":"Dealcharts","platform_url":"https://dealcharts.org/","source":"SEC NPORT-P Public Filings","license":"CC-BY 4.0","license_url":"https://creativecommons.org/licenses/by/4.0/","attribution":"Data curated by CMD+RVL from SEC NPORT-P public filings"},"citation":"Fund: Nexpoint Merger Arbitrage Fund | LEI: 549300O24D7XG2BMWB63 | 92 positions totaling $1,607,375,773 across ABS-CBDO, LON, DBT, EC, STIV, DE | Filing: Sun Mar 01 2026 19:00:00 GMT-0500 (Eastern Standard Time) | Source: SEC NPORT-P via Dealcharts.org","updated_at":"2026-03-02"}
