Water Island Capital’s Sovos Brands, Inc. Common Stock SOVO Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2024 Q1	–	Sell	-2,940,423	Closed	-$64.8M	–	72
2023 Q4	$64.8M	Buy	2,940,423 +1,465,198	+99%	+$32.2M	6.39%	5
2023 Q3	$33.3M	Buy	+1,475,225	New	+$31M	2.97%	11

Water Island Capital's SOVO Position: Q1 2024 in Review

Water Island Capital sold out of Sovos Brands, Inc. Common Stock (SOVO) in Q1 2024, closing a stake of 2,940,423 shares — an estimated $64.8M sold.

Water Island Capital first reported a position in SOVO in Q3 2023 and held it in 2 quarters. The position peaked at $64.8M in Q4 2023. 0 funds tracked by Wall St. Rank hold SOVO as of Q1 2024.

Water Island Capital reported no remaining Sovos Brands, Inc. Common Stock position as of Q1 2024 after selling out during the quarter.
Water Island Capital sold 2,940,423 Sovos Brands, Inc. Common Stock shares in Q1 2024, an estimated $64.8M.
Water Island Capital first reported a position in Sovos Brands, Inc. Common Stock in Q3 2023 and held it in 2 quarters.
Water Island Capital's Sovos Brands, Inc. Common Stock position peaked at $64.8M in Q4 2023.
0 funds tracked by Wall St. Rank held Sovos Brands, Inc. Common Stock as of Q1 2024.

Based on Water Island Capital's 13F filing for Q1 2024, filed 15 May 2024.