Water Island Capital’s Heartland Financial USA, Inc. HTLF Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q1	–	Sell	-27,940	Closed	-$1.71M	–	110
2024 Q4	$1.71M	Buy	27,940 +7,061	+34%	+$442K	0.19%	58
2024 Q3	$1.18M	Buy	20,879 +2,877	+16%	+$151K	0.12%	58
2024 Q2	$800K	Buy	+18,002	New	+$730K	0.08%	62

Other funds holding HTLF

Principal Securities Des Moines, Iowa $6.82B AUM 17.15% 1-Year Est. Return

Water Island Capital's HTLF Position: Q1 2025 in Review

Water Island Capital sold out of Heartland Financial USA, Inc. (HTLF) in Q1 2025, closing a stake of 27,940 shares — an estimated $1.71M sold.

Water Island Capital first reported a position in HTLF in Q2 2024 and held it in 3 quarters. The position peaked at $1.71M in Q4 2024. 1 fund tracked by Wall St. Rank holds HTLF as of Q1 2025.

Water Island Capital reported no remaining Heartland Financial USA, Inc. position as of Q1 2025 after selling out during the quarter.
Water Island Capital sold 27,940 Heartland Financial USA, Inc. shares in Q1 2025, an estimated $1.71M.
Water Island Capital first reported a position in Heartland Financial USA, Inc. in Q2 2024 and held it in 3 quarters.
Water Island Capital's Heartland Financial USA, Inc. position peaked at $1.71M in Q4 2024.
1 fund tracked by Wall St. Rank held Heartland Financial USA, Inc. as of Q1 2025.

Based on Water Island Capital's 13F filing for Q1 2025, filed 15 May 2025.