Water Island Capital’s South Jersey Industries, Inc. SJI Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2023 Q1	–	Sell	-1,557,579	Closed	-$55.3M	–	109
2022 Q4	$55.3M	Buy	1,557,579 +22,323	+1%	+$771K	4.46%	7
2022 Q3	$51.3M	Buy	1,535,256 +31,905	+2%	+$1.09M	2.9%	10
2022 Q2	$51.3M	Buy	1,503,351 +320,490	+27%	+$11M	3.21%	13
2022 Q1	$40.9M	Buy	+1,182,861	New	+$34.1M	2.07%	28

Other funds holding SJI

MFG

Mendota Financial Group Madison, Wisconsin $161M AUM 14.68% 1-Year Est. Return

BTI

Blue Trust Inc Alpharetta, Georgia $9.54B AUM 19.86% 1-Year Est. Return

Water Island Capital's SJI Position: Q1 2023 in Review

Water Island Capital sold out of South Jersey Industries, Inc. (SJI) in Q1 2023, closing a stake of 1,557,579 shares — an estimated $55.3M sold.

Water Island Capital first reported a position in SJI in Q1 2022 and held it in 4 quarters. The position peaked at $55.3M in Q4 2022. 2 funds tracked by Wall St. Rank hold SJI as of Q1 2023.

Water Island Capital reported no remaining South Jersey Industries, Inc. position as of Q1 2023 after selling out during the quarter.
Water Island Capital sold 1,557,579 South Jersey Industries, Inc. shares in Q1 2023, an estimated $55.3M.
Water Island Capital first reported a position in South Jersey Industries, Inc. in Q1 2022 and held it in 4 quarters.
Water Island Capital's South Jersey Industries, Inc. position peaked at $55.3M in Q4 2022.
2 funds tracked by Wall St. Rank held South Jersey Industries, Inc. as of Q1 2023.

Based on Water Island Capital's 13F filing for Q1 2023, filed 25 May 2023.