Water Island Capital’s Ashland ASH Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q4	–	Sell	-152,130	Closed	-$12.8M	–	97
2018 Q3	$12.8M	Buy	152,130 +100,830	+197%	+$8.41M	0.69%	37
2018 Q2	$4.01M	Sell	51,300 -170,000	-77%	-$12.7M	0.22%	70
2018 Q1	$15.4M	Buy	+221,300	New	+$15.9M	0.62%	32
2017 Q4	–	Sell	-78,294	Closed	-$5.12M	–	92
2017 Q3	$5.12M	Sell	78,294 -116,250	-60%	-$7.41M	0.24%	53
2017 Q2	$12.8M	Buy	+194,544	New	+$12.4M	0.6%	31

Other funds holding ASH

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

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Luminus Management Houston, Texas $146M AUM 27.83% 1-Year Est. Return

Sculptor Capital New York $12.3B AUM 40.26% 1-Year Est. Return

Neuberger Berman Group New York $150B AUM 40.08% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

CCA

Cruiser Capital Advisors Stamford, Connecticut $162M AUM 78.28% 1-Year Est. Return

UBS AM Chicago, Illinois $550B AUM 43.33% 1-Year Est. Return

WCM

Wedge Capital Management Charlotte, North Carolina $6.06B AUM 47.24% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return

Water Island Capital's ASH Position: Q4 2018 in Review

Water Island Capital sold out of Ashland (ASH) in Q4 2018, closing a stake of 152,130 shares — an estimated $12.8M sold.

Water Island Capital first reported a position in ASH in Q2 2017 and held it in 5 quarters. The position peaked at $15.4M in Q1 2018. 354 funds tracked by Wall St. Rank hold ASH as of Q4 2018.

Water Island Capital reported no remaining Ashland position as of Q4 2018 after selling out during the quarter.
Water Island Capital sold 152,130 Ashland shares in Q4 2018, an estimated $12.8M.
Water Island Capital first reported a position in Ashland in Q2 2017 and held it in 5 quarters.
Water Island Capital's Ashland position peaked at $15.4M in Q1 2018.
354 funds tracked by Wall St. Rank held Ashland as of Q4 2018.

Based on Water Island Capital's 13F filing for Q4 2018, filed 5 Feb 2019.