Water Island Capital’s Time Inc. TIME Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q1	–	Sell	-759,850	Closed	-$14M	–	138
2017 Q4	$14M	Buy	+759,850	New	+$11.4M	0.86%	30
2017 Q3	–	Sell	-318,632	Closed	-$4.57M	–	138
2017 Q2	$4.57M	Buy	318,632 +10,912	+4%	+$163K	0.22%	67
2017 Q1	$5.95M	Buy	+307,720	New	+$5.83M	0.34%	38

Other funds holding TIME

WAM

Westport Asset Management Southport, Connecticut $245M AUM 15.03% 1-Year Est. Return

Glenmede Trust Philadelphia, Pennsylvania $22.7B AUM

IFP Advisors Tampa, Florida $5.54B AUM 27.43% 1-Year Est. Return

Water Island Capital's TIME Position: Q1 2018 in Review

Water Island Capital sold out of Time Inc. (TIME) in Q1 2018, closing a stake of 759,850 shares — an estimated $14M sold.

Water Island Capital first reported a position in TIME in Q1 2017 and held it in 3 quarters. The position peaked at $14M in Q4 2017. 3 funds tracked by Wall St. Rank hold TIME as of Q1 2018.

Water Island Capital reported no remaining Time Inc. position as of Q1 2018 after selling out during the quarter.
Water Island Capital sold 759,850 Time Inc. shares in Q1 2018, an estimated $14M.
Water Island Capital first reported a position in Time Inc. in Q1 2017 and held it in 3 quarters.
Water Island Capital's Time Inc. position peaked at $14M in Q4 2017.
3 funds tracked by Wall St. Rank held Time Inc. as of Q1 2018.

Based on Water Island Capital's 13F filing for Q1 2018, filed 14 May 2018.