Water Island Capital’s ITC HOLDINGS CORP ITC Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-3,692,171	Closed	-$172M	–	184
2016 Q3	$172M	Buy	3,692,171 +1,447,375	+64%	+$67M	10.9%	1
2016 Q2	$105M	Buy	2,244,796 +1,399,085	+165%	+$62.1M	5.21%	3
2016 Q1	$36.8M	Buy	+845,711	New	+$34.4M	2.43%	14

Other funds holding ITC

FPF

FNY Partners Fund New York $185M AUM 32.57% 1-Year Est. Return

Water Island Capital's ITC Position: Q4 2016 in Review

Water Island Capital sold out of ITC HOLDINGS CORP (ITC) in Q4 2016, closing a stake of 3,692,171 shares — an estimated $172M sold.

Water Island Capital first reported a position in ITC in Q1 2016 and held it in 3 quarters. The position peaked at $172M in Q3 2016. 1 fund tracked by Wall St. Rank holds ITC as of Q4 2016.

Water Island Capital reported no remaining ITC HOLDINGS CORP position as of Q4 2016 after selling out during the quarter.
Water Island Capital sold 3,692,171 ITC HOLDINGS CORP shares in Q4 2016, an estimated $172M.
Water Island Capital first reported a position in ITC HOLDINGS CORP in Q1 2016 and held it in 3 quarters.
Water Island Capital's ITC HOLDINGS CORP position peaked at $172M in Q3 2016.
1 fund tracked by Wall St. Rank held ITC HOLDINGS CORP as of Q4 2016.

Based on Water Island Capital's 13F filing for Q4 2016, filed 14 Feb 2017.