Water Island Capital’s Kansas City Southern KSU Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2021 Q4	–	Sell	-455,788	Closed	-$123M	–	108
2021 Q3	$123M	Buy	455,788 +158,037	+53%	+$44M	7.1%	3
2021 Q2	$84.4M	Buy	297,751 +205,878	+224%	+$59.4M	4.46%	7
2021 Q1	$24.2M	Buy	+91,873	New	+$20M	1.48%	27

Other funds holding KSU

Kovitz Investment Group Partners Chicago, Illinois $4.31B AUM 20.41% 1-Year Est. Return

FCB

First Command Bank Fort Worth, Texas $1.06B AUM 10.74% 1-Year Est. Return

JAM

JCIC Asset Management Toronto, Ontario, Canada $326M AUM 31.94% 1-Year Est. Return

Water Island Capital's KSU Position: Q4 2021 in Review

Water Island Capital sold out of Kansas City Southern (KSU) in Q4 2021, closing a stake of 455,788 shares — an estimated $123M sold.

Water Island Capital first reported a position in KSU in Q1 2021 and held it in 3 quarters. The position peaked at $123M in Q3 2021. 4 funds tracked by Wall St. Rank hold KSU as of Q4 2021.

Water Island Capital reported no remaining Kansas City Southern position as of Q4 2021 after selling out during the quarter.
Water Island Capital sold 455,788 Kansas City Southern shares in Q4 2021, an estimated $123M.
Water Island Capital first reported a position in Kansas City Southern in Q1 2021 and held it in 3 quarters.
Water Island Capital's Kansas City Southern position peaked at $123M in Q3 2021.
4 funds tracked by Wall St. Rank held Kansas City Southern as of Q4 2021.

Based on Water Island Capital's 13F filing for Q4 2021, filed 14 Feb 2022.