WIC
SPNS

Water Island Capital’s Sapiens International SPNS Stock Holding History

Water Island Capital’s Portfolio SPNS Stock Details SPNS Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2025
Q4 		– Sell
-421,434
Closed -$18.1M – 126
2025
Q3 		$18.1M Buy
+421,434
New +$15.3M 2.28% 19

Other funds holding SPNS

OBAM
ODDO BHF Asset Management Paris, France $2.54B AUM 41.83% 1-Year Est. Return
KC
Kryger Capital London, United Kingdom $1.41B AUM 86.31% 1-Year Est. Return
N
Nuveen Charlotte, North Carolina $369B AUM 31.66% 1-Year Est. Return
XT
XTX Topco George Town, Cayman Islands $5.75B AUM 30.56% 1-Year Est. Return
Mercer Global Advisors
Mercer Global Advisors Denver, Colorado $67.6B AUM 18.3% 1-Year Est. Return
CIC
Crawford Investment Counsel Atlanta, Georgia $5.85B AUM 12.61% 1-Year Est. Return
BIG
Brooklyn Investment Group Brooklyn, New York $3.2B AUM 26.32% 1-Year Est. Return
Russell Investments Group
Russell Investments Group London, United Kingdom $93.1B AUM 28.26% 1-Year Est. Return
GI
GAMMA Investing Foster City, California $2.69B AUM 42.78% 1-Year Est. Return
VCM
Versant Capital Management Phoenix, Arizona $1.12B AUM 34.21% 1-Year Est. Return

Water Island Capital's SPNS Position: Q4 2025 in Review

Water Island Capital sold out of Sapiens International (SPNS) in Q4 2025, closing a stake of 421,434 shares — an estimated $18.1M sold.

Water Island Capital first reported a position in SPNS in Q3 2025 and held it in 1 quarter. The position peaked at $18.1M in Q3 2025. 32 funds tracked by Wall St. Rank hold SPNS as of Q4 2025.

  • Water Island Capital reported no remaining Sapiens International position as of Q4 2025 after selling out during the quarter.
  • Water Island Capital sold 421,434 Sapiens International shares in Q4 2025, an estimated $18.1M.
  • Water Island Capital first reported a position in Sapiens International in Q3 2025 and held it in 1 quarter.
  • Water Island Capital's Sapiens International position peaked at $18.1M in Q3 2025.
  • 32 funds tracked by Wall St. Rank held Sapiens International as of Q4 2025.

Based on Water Island Capital's 13F filing for Q4 2025, filed 17 Feb 2026.