We are live on ! Find out more
WIC

Water Island Capital Portfolio holdings

AUM $896M
1-Year Est. Return 107.59%
This Fund
S&P 500
This Quarter Est. Return
+11.91%
1 Year Est. Return
+107.59%
3 Year Est. Return
+414.38%
5 Year Est. Return
+1,508.7%
10 Year Est. Return
+23,520.93%
AUM
$1.12B
AUM Growth
-$48.4M
Cap. Flow
-$122M
Cap. Flow %
-10.89%
Top 10 Hldgs %
53.06%
Holding
115
New
39
Increased
9
Reduced
20
Closed
34

Top Buys

Rank Stock Value
1
DEN
Denbury Inc.
DEN
+$47.6M
2
NEWR
New Relic, Inc.
NEWR
+$34.2M
3
CPRI icon
Capri Holdings
CPRI
+$32.6M
4
ABCM
Abcam PLC
ABCM
+$32.6M
5
AVID
Avid Technology Inc
AVID
+$31.5M

Top Sells

Rank Stock Value
1
AJRD
Aerojet Rocketdyne Holdings
AJRD
+$62.9M
2
UNVR
Univar Solutions Inc.
UNVR
+$53M
3
CIR
CIRCOR International, Inc
CIR
+$40.5M
4
FOCS
Focus Financial Partners Inc. Class A
FOCS
+$35.2M
5
SYNH
Syneos Health, Inc. Class A Common Stock
SYNH
+$31.7M

Sector Composition

Rank Sector Weight
1 Technology 29.05%
2 Healthcare 16.97%
3 Consumer Staples 8.05%
4 Energy 7.49%
5 Financials 5.7%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
PLAY icon
76
CALL
Dave & Buster's
PLAY
$357M
– –
-9,300
Closed -$414K
SAVE
77
DELISTED
Spirit Airlines, Inc.
SAVE
– –
-72,805
Closed -$1.25M
CANO
78
DELISTED
Cano Health, Inc.
CANO
– –
-193
Closed -$26.8K
TRTN
79
DELISTED
Triton International Limited
TRTN
– –
-309,687
Closed -$25.8M
SYNH
80
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
– –
-751,590
Closed -$31.7M
MMP
81
DELISTED
Magellan Midstream Partners, L.P.
MMP
– –
-210,360
Closed -$13.1M
PRTK
82
DELISTED
Paratek Pharmaceuticals, Inc.
PRTK
– –
-84,697
Closed -$187K
RADI
83
DELISTED
Radius Global Infrastructure, Inc. Class A Common Stock
RADI
– –
-1,756,943
Closed -$26.2M
ZEV.WS
84
DELISTED
Lightning eMotors, Inc. Redeemable Warrants, each whole warrant exercisable 1/20th of a share of common stock at an exercise price of $230.00 per whole share
ZEV.WS
– –
-53,913
Closed -$1.64K
RTL
85
DELISTED
The Necessity Retail REIT, Inc. Class A Common Stock
RTL
– –
-92,385
Closed -$625K
QUOT
86
DELISTED
Quotient Technology Inc
QUOT
– –
-110,417
Closed -$424K
BKI
87
DELISTED
Black Knight, Inc. Common Stock
BKI
– –
-64,540
Closed -$3.85M
NEX
88
DELISTED
NexTier Oilfield Solutions Inc.
NEX
– –
-68,975
Closed -$617K
FOCS
89
DELISTED
Focus Financial Partners Inc. Class A
FOCS
– –
-670,397
Closed -$35.2M
FORG
90
DELISTED
ForgeRock, Inc.
FORG
– –
-1,154,346
Closed -$23.7M
FRG
91
DELISTED
Franchise Group, Inc.
FRG
– –
-50,809
Closed -$1.46M
ARNC
92
DELISTED
Arconic Corporation
ARNC
– –
-380,939
Closed -$11.3M
KDNY
93
DELISTED
Chinook Therapeutics, Inc. Common Stock
KDNY
– –
-51,468
Closed -$1.98M
DICE
94
DELISTED
DICE Therapeutics, Inc. Common Stock
DICE
– –
-483,894
Closed -$22.5M
PDCE
95
DELISTED
PDC Energy, Inc.
PDCE
– –
-407,645
Closed -$29M
UNVR
96
DELISTED
Univar Solutions Inc.
UNVR
– –
-1,478,070
Closed -$53M
AJRD
97
DELISTED
Aerojet Rocketdyne Holdings
AJRD
– –
-1,145,604
Closed -$62.9M
ABST
98
DELISTED
Absolute Software Corp
ABST
– –
-1,697,977
Closed -$19.5M
LSI
99
DELISTED
Life Storage, Inc.
LSI
– –
-192,170
Closed -$25.6M
ISEE
100
CALL
DELISTED
IVERIC bio, Inc. Common Stock
ISEE
– –
-592,100
Closed -$23.3M
1 2 3
4
5

Similar funds

GEM
Global Endowment Management Charlotte, North Carolina $896M AUM 13.86% 1-Year Est. Return
FTM
First Turn Management Del Mar, California $895M AUM 261.28% 1-Year Est. Return
SI
Squadra Investments Rio De Janeiro, Brazil $894M AUM 33.04% 1-Year Est. Return
WP
WealthShield Partners Cary, North Carolina $898M AUM 19.35% 1-Year Est. Return
BFFIM
Baring Fintech Fund III Managers St Peter Port, Guernsey $893M AUM 20.23% 1-Year Est. Return
SFM
Signet Financial Management Parsippany, New Jersey $892M AUM 23.24% 1-Year Est. Return
DA
Denali Advisors San Diego, California $900M AUM 28.25% 1-Year Est. Return
BWP
BlueStem Wealth Partners Minnetonka, Minnesota $900M AUM 15.24% 1-Year Est. Return

Water Island Capital's Q3 2023 Portfolio in Review

As of Q3 2023, Water Island Capital held 115 positions worth $1.12B, down 4.1% from $1.17B the previous quarter. Its ten largest holdings account for 53% of the portfolio.

Water Island Capital withdrew a net $122M in Q3 2023, closing 34 positions and reducing 20 holdings. Its most notable exit was Aerojet Rocketdyne Holdings, an estimated $62.9M position sold in full.

By sector, the portfolio is most concentrated in Technology at 29% of assets, up from 28% a quarter earlier, followed by Healthcare and Consumer Staples.

Against the trend, Water Island Capital opened a new position in Denbury Inc. worth $51.6M.

  • Water Island Capital's largest Q3 2023 buy was Denbury Inc.: 526,336 shares worth $51.6M.
  • Water Island Capital added most to Seagen Inc. Common Stock in Q3 2023, an estimated $15.9M increase.
  • Water Island Capital's biggest Q3 2023 reduction was CIRCOR International, Inc, cutting an estimated $40.5M.
  • Water Island Capital fully exited Aerojet Rocketdyne Holdings in Q3 2023, selling an estimated $62.9M.
  • Water Island Capital's ten largest holdings make up 53% of its $1.12B portfolio in Q3 2023.
  • Water Island Capital opened 39 new positions and closed 34 in Q3 2023.
  • Water Island Capital's portfolio value fell 4.1% quarter-over-quarter to $1.12B.

Based on Water Island Capital's 13F filing for Q3 2023, filed 14 Nov 2023.