Water Island Capital’s Denny's DENN Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	–	Sell	-213,445	Closed	-$1.33M	–	110
2025 Q4	$1.33M	Buy	+213,445	New	+$1.21M	0.14%	75

Water Island Capital's DENN Position: Q1 2026 in Review

Water Island Capital sold out of Denny's (DENN) in Q1 2026, closing a stake of 213,445 shares — an estimated $1.33M sold.

Water Island Capital first reported a position in DENN in Q4 2025 and held it in 1 quarter. The position peaked at $1.33M in Q4 2025. 0 funds tracked by Wall St. Rank hold DENN as of Q1 2026.

Water Island Capital reported no remaining Denny's position as of Q1 2026 after selling out during the quarter.
Water Island Capital sold 213,445 Denny's shares in Q1 2026, an estimated $1.33M.
Water Island Capital first reported a position in Denny's in Q4 2025 and held it in 1 quarter.
Water Island Capital's Denny's position peaked at $1.33M in Q4 2025.
0 funds tracked by Wall St. Rank held Denny's as of Q1 2026.

Based on Water Island Capital's 13F filing for Q1 2026, filed 15 May 2026.