Water Island Capital’s SAPIENT CORP SAPE Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q1	–	Sell	-3,880,482	Closed	-$96.5M	–	164
2014 Q4	$96.5M	Buy	+3,880,482	New	+$81.9M	3.22%	12

Other funds holding SAPE

California Public Employees Retirement System Sacramento, California $177B AUM 39.86% 1-Year Est. Return

Water Island Capital's SAPE Position: Q1 2015 in Review

Water Island Capital sold out of SAPIENT CORP (SAPE) in Q1 2015, closing a stake of 3,880,482 shares — an estimated $96.5M sold.

Water Island Capital first reported a position in SAPE in Q4 2014 and held it in 1 quarter. The position peaked at $96.5M in Q4 2014. 1 fund tracked by Wall St. Rank holds SAPE as of Q1 2015.

Water Island Capital reported no remaining SAPIENT CORP position as of Q1 2015 after selling out during the quarter.
Water Island Capital sold 3,880,482 SAPIENT CORP shares in Q1 2015, an estimated $96.5M.
Water Island Capital first reported a position in SAPIENT CORP in Q4 2014 and held it in 1 quarter.
Water Island Capital's SAPIENT CORP position peaked at $96.5M in Q4 2014.
1 fund tracked by Wall St. Rank held SAPIENT CORP as of Q1 2015.

Based on Water Island Capital's 13F filing for Q1 2015, filed 13 May 2015.