Water Island Capital’s Enstar Group ESGR Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	–	Sell	-53,653	Closed	-$18M	–	96
2025 Q2	$18M	Sell	53,653 -3,962	-7%	-$1.33M	2.57%	13
2025 Q1	$19.2M	Buy	57,615 +13,288	+30%	+$4.38M	2.51%	13
2024 Q4	$14.3M	Buy	44,327 +5,478	+14%	+$1.77M	1.54%	23
2024 Q3	$12.5M	Buy	+38,849	New	+$12.6M	1.26%	24

Other funds holding ESGR

Carmignac Gestion Paris, France $7.71B AUM 4.02% 1-Year Est. Return

Osaic Holdings Scottsdale, Arizona $85.1B AUM 27.35% 1-Year Est. Return

JFG

JDM Financial Group Austin, Texas $293M AUM 17.35% 1-Year Est. Return

Water Island Capital's ESGR Position: Q3 2025 in Review

Water Island Capital sold out of Enstar Group (ESGR) in Q3 2025, closing a stake of 53,653 shares — an estimated $18M sold.

Water Island Capital first reported a position in ESGR in Q3 2024 and held it in 4 quarters. The position peaked at $19.2M in Q1 2025. 3 funds tracked by Wall St. Rank hold ESGR as of Q3 2025.

Water Island Capital reported no remaining Enstar Group position as of Q3 2025 after selling out during the quarter.
Water Island Capital sold 53,653 Enstar Group shares in Q3 2025, an estimated $18M.
Water Island Capital first reported a position in Enstar Group in Q3 2024 and held it in 4 quarters.
Water Island Capital's Enstar Group position peaked at $19.2M in Q1 2025.
3 funds tracked by Wall St. Rank held Enstar Group as of Q3 2025.

Based on Water Island Capital's 13F filing for Q3 2025, filed 14 Nov 2025.