Water Island Capital’s State Street SPDR S&P Homebuilders ETF XHB Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q1	–	Sell	-113,245	Closed	-$3.83M	–	116
2016 Q4	$3.83M	Buy	113,245 +9,098	+9%	+$305K	0.26%	56
2016 Q3	$3.54M	Buy	104,147 +23,176	+29%	+$818K	0.22%	52
2016 Q2	$2.72M	Buy	+80,971	New	+$2.74M	0.13%	57

Other funds holding XHB

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

MIFH

Migdal Insurance & Financial Holdings Petach Tikva, Israel $11.5B AUM 52.5% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Citigroup New York $235B AUM 32.99% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Bank of Montreal Toronto, Ontario, Canada $269B AUM 31.4% 1-Year Est. Return

Natixis Paris, France $28B AUM 26.79% 1-Year Est. Return

OTPPB

Ontario Teachers' Pension Plan Board Toronto, Ontario, Canada $3.46B AUM 7.79% 1-Year Est. Return

PAMP

Polar Asset Management Partners Toronto, Ontario, Canada $5.01B AUM 35.27% 1-Year Est. Return

BHB

Bank Hapoalim BM Tel Aviv, Israel $652M AUM 19.01% 1-Year Est. Return

Water Island Capital's XHB Position: Q1 2017 in Review

Water Island Capital sold out of State Street SPDR S&P Homebuilders ETF (XHB) in Q1 2017, closing a stake of 113,245 shares — an estimated $3.83M sold.

Water Island Capital first reported a position in XHB in Q2 2016 and held it in 3 quarters. The position peaked at $3.83M in Q4 2016. 146 funds tracked by Wall St. Rank hold XHB as of Q1 2017.

Water Island Capital reported no remaining State Street SPDR S&P Homebuilders ETF position as of Q1 2017 after selling out during the quarter.
Water Island Capital sold 113,245 State Street SPDR S&P Homebuilders ETF shares in Q1 2017, an estimated $3.83M.
Water Island Capital first reported a position in State Street SPDR S&P Homebuilders ETF in Q2 2016 and held it in 3 quarters.
Water Island Capital's State Street SPDR S&P Homebuilders ETF position peaked at $3.83M in Q4 2016.
146 funds tracked by Wall St. Rank held State Street SPDR S&P Homebuilders ETF as of Q1 2017.

Based on Water Island Capital's 13F filing for Q1 2017, filed 15 May 2017.