Water Island Capital’s Kimberly-Clark KMB Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2017 Q1	–	Sell	-10,438	Closed	-$1.19M	–	95
2016 Q4	$1.19M	Buy	10,438 +3,411	+49%	+$389K	0.08%	77
2016 Q3	$886K	Buy	+7,027	New	+$886K	0.06%	80