Water Island Capital’s BTRS Holdings Inc. Class 1 Common Stock BTRS Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2022 Q4	–	Sell	-2,488,010	Closed	-$23M	–	100
2022 Q3	$23M	Buy	+2,488,010	New	+$16.1M	1.3%	34

Water Island Capital's BTRS Position: Q4 2022 in Review

Water Island Capital sold out of BTRS Holdings Inc. Class 1 Common Stock (BTRS) in Q4 2022, closing a stake of 2,488,010 shares — an estimated $23M sold.

Water Island Capital first reported a position in BTRS in Q3 2022 and held it in 1 quarter. The position peaked at $23M in Q3 2022. 0 funds tracked by Wall St. Rank hold BTRS as of Q4 2022.

Water Island Capital reported no remaining BTRS Holdings Inc. Class 1 Common Stock position as of Q4 2022 after selling out during the quarter.
Water Island Capital sold 2,488,010 BTRS Holdings Inc. Class 1 Common Stock shares in Q4 2022, an estimated $23M.
Water Island Capital first reported a position in BTRS Holdings Inc. Class 1 Common Stock in Q3 2022 and held it in 1 quarter.
Water Island Capital's BTRS Holdings Inc. Class 1 Common Stock position peaked at $23M in Q3 2022.
0 funds tracked by Wall St. Rank held BTRS Holdings Inc. Class 1 Common Stock as of Q4 2022.

Based on Water Island Capital's 13F filing for Q4 2022, filed 14 Feb 2023.