Water Island Capital’s Air Products & Chemicals APD Stock Holding History

Water Island Capital’s Portfolio APD Stock Details APD Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2019 Q3	–	Sell	-24,096	Closed	-$5.45M	–	79
2019 Q2	$5.45M	Buy	24,096 +7,128	+42%	+$1.48M	0.13%	60
2019 Q1	$3.24M	Buy	16,968 +5,161	+44%	+$888K	0.16%	56
2018 Q4	$1.89M	Buy	+11,807	New	+$1.87M	0.14%	59
2017 Q3	–	Sell	-52,422	Closed	-$7.5M	–	111
2017 Q2	$7.5M	Buy	52,422 +12,000	+30%	+$1.71M	0.35%	46
2017 Q1	$5.47M	Sell	40,422 -11,977	-23%	-$1.69M	0.31%	42
2016 Q4	$7.54M	Buy	52,399 +6,619	+14%	+$926K	0.51%	40
2016 Q3	$6.37M	Buy	+45,780	New	+$6.35M	0.4%	41

Other funds holding APD

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

State Farm Mutual Automobile Insurance Bloomington, Illinois $127B AUM 32.55% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

Barrow, Hanley, Mewhinney & Strauss Dallas, Texas $30.5B AUM 29.95% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Capital International Investors Los Angeles, California $427B AUM 29.17% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Franklin Resources San Mateo, California $408B AUM 30.18% 1-Year Est. Return

Water Island Capital's APD Position: Q3 2019 in Review

Water Island Capital sold out of Air Products & Chemicals (APD) in Q3 2019, closing a stake of 24,096 shares — an estimated $5.45M sold.

Water Island Capital first reported a position in APD in Q3 2016 and held it in 7 quarters. The position peaked at $7.54M in Q4 2016. 1,156 funds tracked by Wall St. Rank hold APD as of Q3 2019.

Water Island Capital reported no remaining Air Products & Chemicals position as of Q3 2019 after selling out during the quarter.
Water Island Capital sold 24,096 Air Products & Chemicals shares in Q3 2019, an estimated $5.45M.
Water Island Capital first reported a position in Air Products & Chemicals in Q3 2016 and held it in 7 quarters.
Water Island Capital's Air Products & Chemicals position peaked at $7.54M in Q4 2016.
1,156 funds tracked by Wall St. Rank held Air Products & Chemicals as of Q3 2019.

Based on Water Island Capital's 13F filing for Q3 2019, filed 12 Nov 2019.