Water Island Capital’s E*Trade Financial Corporation ETFC Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2020 Q4	–	Sell	-2,554,978	Closed	-$128M	–	146
2020 Q3	$128M	Sell	2,554,978 -53,230	-2%	-$2.78M	10.86%	1
2020 Q2	$130M	Buy	2,608,208 +2,348,534	+904%	+$101M	11.92%	2
2020 Q1	$8.91M	Buy	+259,674	New	+$11M	0.64%	24

Other funds holding ETFC

CIC

Cornercap Investment Counsel Atlanta, Georgia $203M AUM 17.67% 1-Year Est. Return

Gradient Investments Arden Hills, Minnesota $7.25B AUM 20.71% 1-Year Est. Return

Water Island Capital's ETFC Position: Q4 2020 in Review

Water Island Capital sold out of E*Trade Financial Corporation (ETFC) in Q4 2020, closing a stake of 2,554,978 shares — an estimated $128M sold.

Water Island Capital first reported a position in ETFC in Q1 2020 and held it in 3 quarters. The position peaked at $130M in Q2 2020. 3 funds tracked by Wall St. Rank hold ETFC as of Q4 2020.

Water Island Capital reported no remaining E*Trade Financial Corporation position as of Q4 2020 after selling out during the quarter.
Water Island Capital sold 2,554,978 E*Trade Financial Corporation shares in Q4 2020, an estimated $128M.
Water Island Capital first reported a position in E*Trade Financial Corporation in Q1 2020 and held it in 3 quarters.
Water Island Capital's E*Trade Financial Corporation position peaked at $130M in Q2 2020.
3 funds tracked by Wall St. Rank held E*Trade Financial Corporation as of Q4 2020.

Based on Water Island Capital's 13F filing for Q4 2020, filed 10 Feb 2021.