Water Island Capital’s SiriusXM SIRI Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q4	–	Sell	-90,441	Closed	-$3.16M	–	99
2014 Q3	$3.16M	Sell	90,441 -485,091	-84%	-$16.9M	0.11%	81
2014 Q2	$19.9M	Sell	575,532 -1,545,009	-73%	-$53.5M	0.68%	26
2014 Q1	$67.9M	Buy	+2,120,541	New	+$67.9M	2.41%	17