Water Island Capital’s Pinnacle Entertainment Inc. PNK Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q4	–	Sell	-1,592,811	Closed	-$53.7M	–	147
2018 Q3	$53.7M	Buy	1,592,811 +618,050	+63%	+$20.9M	2.91%	9
2018 Q2	$32.9M	Buy	974,761 +318,877	+49%	+$10.4M	1.79%	16
2018 Q1	$19.8M	Buy	+655,884	New	+$20.5M	0.79%	31
2017 Q4	–	Sell	-26,970	Closed	-$575K	–	122
2017 Q3	$575K	Buy	+26,970	New	+$531K	0.03%	91

Other funds holding PNK

JFGIW

Johnson Financial Group Inc (Wisconsin) Racine, Wisconsin $2.76B AUM 19.4% 1-Year Est. Return

Water Island Capital's PNK Position: Q4 2018 in Review

Water Island Capital sold out of Pinnacle Entertainment Inc. (PNK) in Q4 2018, closing a stake of 1,592,811 shares — an estimated $53.7M sold.

Water Island Capital first reported a position in PNK in Q3 2017 and held it in 4 quarters. The position peaked at $53.7M in Q3 2018. 1 fund tracked by Wall St. Rank holds PNK as of Q4 2018.

Water Island Capital reported no remaining Pinnacle Entertainment Inc. position as of Q4 2018 after selling out during the quarter.
Water Island Capital sold 1,592,811 Pinnacle Entertainment Inc. shares in Q4 2018, an estimated $53.7M.
Water Island Capital first reported a position in Pinnacle Entertainment Inc. in Q3 2017 and held it in 4 quarters.
Water Island Capital's Pinnacle Entertainment Inc. position peaked at $53.7M in Q3 2018.
1 fund tracked by Wall St. Rank held Pinnacle Entertainment Inc. as of Q4 2018.

Based on Water Island Capital's 13F filing for Q4 2018, filed 5 Feb 2019.