Water Island Capital’s SunTrust Banks, Inc. STI Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2019 Q4	–	Sell	-1,828,193	Closed	-$126M	–	102
2019 Q3	$126M	Sell	1,828,193 -223,439	-11%	-$14.3M	7.82%	3
2019 Q2	$129M	Buy	2,051,632 +1,037,166	+102%	+$65.2M	2.99%	12
2019 Q1	$60.1M	Buy	+1,014,466	New	+$62.1M	3.01%	14
2016 Q3	–	Sell	-300	Closed	-$12K	–	176
2016 Q2	$12K	Sell	300 -900	-75%	-$36.8K	﹤0.01%	132
2016 Q1	$43K	Sell	1,200 -600	-33%	-$21.6K	﹤0.01%	114
2015 Q4	$77K	Buy	+1,800	New	+$75.8K	﹤0.01%	89

Other funds holding STI

Davenport & Co Richmond, Virginia $20.4B AUM 18.11% 1-Year Est. Return

RIA

Realta Investment Advisors Wilmington, Delaware $322M AUM 39.45% 1-Year Est. Return

SSB

Sandy Spring Bank Olney, Maryland $2.38B AUM 8.14% 1-Year Est. Return

Water Island Capital's STI Position: Q4 2019 in Review

Water Island Capital sold out of SunTrust Banks, Inc. (STI) in Q4 2019, closing a stake of 1,828,193 shares — an estimated $126M sold.

Water Island Capital first reported a position in STI in Q4 2015 and held it in 6 quarters. The position peaked at $129M in Q2 2019. 3 funds tracked by Wall St. Rank hold STI as of Q4 2019.

Water Island Capital reported no remaining SunTrust Banks, Inc. position as of Q4 2019 after selling out during the quarter.
Water Island Capital sold 1,828,193 SunTrust Banks, Inc. shares in Q4 2019, an estimated $126M.
Water Island Capital first reported a position in SunTrust Banks, Inc. in Q4 2015 and held it in 6 quarters.
Water Island Capital's SunTrust Banks, Inc. position peaked at $129M in Q2 2019.
3 funds tracked by Wall St. Rank held SunTrust Banks, Inc. as of Q4 2019.

Based on Water Island Capital's 13F filing for Q4 2019, filed 11 Feb 2020.