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
+15.3%
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
$2.5B
AUM Growth
+$876M
Cap. Flow
+$805M
Cap. Flow %
32.22%
Top 10 Hldgs %
52.6%
Holding
143
New
53
Increased
23
Reduced
13
Closed
50

Top Buys

Rank Stock Value
1
CALD
Callidus Software, Inc.
CALD
+$136M
2
CSRA
CSRA Inc.
CSRA
+$126M
3
DST
DST Systems Inc.
DST
+$95.6M
4
MON
Monsanto Co
MON
+$94.7M
5
MSCC
Microsemi Corp
MSCC
+$77.2M

Top Sells

Rank Stock Value
1
TWX
Time Warner Inc
TWX
+$87.1M
2
CPN
Calpine Corporation
CPN
+$84.8M
3
HSNI
HSN, Inc.
HSNI
+$60.8M
4
STRP
Straight Path Communications Inc.
STRP
+$57.1M
5
BOBE
Bob Evans Farms, Inc.
BOBE
+$53.5M

Sector Composition

Rank Sector Weight
1 Technology 28.91%
2 Materials 10.28%
3 Financials 8.4%
4 Communication Services 4.31%
5 Industrials 3.45%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
JACK icon
101
PUT
Jack in the Box
JACK
$335M
– –
-47,000
Closed -$4.46M
MCD icon
102
McDonald's
MCD
$195B
– –
-2,375
Closed -$409K
NXPI icon
103
PUT
NXP Semiconductors
NXPI
$60.4B
– –
-227,400
Closed -$26.2M
QCOM icon
104
Qualcomm
QCOM
$176B
– –
-55,000
Closed -$3.52M
RRR icon
105
Red Rock Resorts
RRR
$3.62B
– –
-25,000
Closed -$844K
SBGI icon
106
Sinclair Inc
SBGI
$1.03B
– –
-600
Closed -$23K
SLB icon
107
SLB Ltd
SLB
$75B
– –
-3,036
Closed -$205K
UPBD icon
108
CALL
Upbound Group
UPBD
$1.16B
– –
-475,000
Closed -$5.94M
WEN icon
109
Wendy's
WEN
$1.46B
– –
-24,463
Closed -$402K
XLI icon
110
State Street Industrial Select Sector SPDR ETF
XLI
$33.7B
– –
-51,625
Closed -$3.91M
DISCK
111
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
– –
-60,480
Closed -$1.28M
DLPH
112
DELISTED
Delphi Technologies PLC Ordinary Shares
DLPH
– –
-252,825
Closed -$13.3M
TFCFA
113
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
– –
-60,000
Closed -$2.07M
MON
114
PUT
DELISTED
Monsanto Co
MON
– –
-107,300
Closed -$11.3M
OA
115
PUT
DELISTED
Orbital ATK, Inc.
OA
– –
-24,600
Closed -$2.71M
LNCE
116
DELISTED
Snyders-Lance, Inc.
LNCE
– –
-242,300
Closed -$12.1M
CCC
117
DELISTED
Calgon Carbon Corp
CCC
– –
-1,653,315
Closed -$35.2M
CPN
118
DELISTED
Calpine Corporation
CPN
– –
-5,606,415
Closed -$84.8M
STRP
119
DELISTED
Straight Path Communications Inc.
STRP
– –
-313,903
Closed -$57.1M
ENTL
120
DELISTED
Entellus Medical, Inc. Common Stock
ENTL
– –
-197,200
Closed -$4.81M
RGC
121
DELISTED
Regal Entertainment Group
RGC
– –
-391,046
Closed -$9M
GNCMA
122
DELISTED
GCI Liberty, Inc. Class A-1 Common Stock
GNCMA
– –
-335,377
Closed -$13.1M
CAA
123
DELISTED
CalAtlantic Group, Inc.
CAA
– –
-474,626
Closed -$26.8M
EXAC
124
DELISTED
Exactech Inc
EXAC
– –
-541,395
Closed -$26.8M
SCMP
125
DELISTED
Sucampo Pharmaceuticals, Inc.
SCMP
– –
-150,000
Closed -$2.69M
2 3 4
5
6

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 Q1 2018 Portfolio in Review

As of Q1 2018, Water Island Capital held 143 positions worth $2.5B, up 54% from $1.62B the previous quarter. Its ten largest holdings account for 53% of the portfolio.

Water Island Capital deployed $805M of net new capital in Q1 2018, opening 53 new positions and adding to 23 existing holdings. Its largest new stake was Callidus Software, Inc.: 3,977,913 shares worth $143M.

By sector, the portfolio is most concentrated in Technology at 29% of assets, up from 27% a quarter earlier, followed by Materials and Financials.

On the sell side, the largest reduction was Time Warner Inc, an estimated $87.1M trimmed.

  • Water Island Capital's largest Q1 2018 buy was Callidus Software, Inc.: 3,977,913 shares worth $143M.
  • Water Island Capital added most to Monsanto Co in Q1 2018, an estimated $94.7M increase.
  • Water Island Capital's biggest Q1 2018 reduction was Time Warner Inc, cutting an estimated $87.1M.
  • Water Island Capital fully exited Calpine Corporation in Q1 2018, selling an estimated $84.8M.
  • Water Island Capital's ten largest holdings make up 53% of its $2.5B portfolio in Q1 2018.
  • Water Island Capital opened 53 new positions and closed 50 in Q1 2018.
  • Water Island Capital's portfolio value rose 54% quarter-over-quarter to $2.5B.

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