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
+26.89%
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
$1.01B
AUM Growth
-$106M
Cap. Flow
-$228M
Cap. Flow %
-22.52%
Top 10 Hldgs %
57.11%
Holding
116
New
34
Increased
7
Reduced
6
Closed
58

Top Buys

Rank Stock Value
1
PXD
Pioneer Natural Resource Co.
PXD
+$84M
2
HES
Hess
HES
+$78M
3
SRC
SPIRIT REALTY CAPITAL, INC.
SRC
+$50M
4
SPLK
Splunk Inc
SPLK
+$43.5M
5
AMED
Amedisys
AMED
+$43.1M

Top Sells

Rank Stock Value
1
ATVI
Activision Blizzard
ATVI
+$104M
2
VMW
VMware, Inc
VMW
+$86.9M
3
HZNP
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
+$79.7M
4
DEN
Denbury Inc.
DEN
+$51.6M
5
SGEN
Seagen Inc. Common Stock
SGEN
+$49.6M

Sector Composition

Rank Sector Weight
1 Healthcare 23.44%
2 Energy 18.2%
3 Technology 14.93%
4 Consumer Staples 10.22%
5 Real Estate 10.09%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
NATI
101
DELISTED
National Instruments Corp
NATI
– –
-737,438
Closed -$44M
CELL
102
DELISTED
PhenomeX Inc. Common Stock
CELL
– –
-10,000
Closed -$10K
ML
103
DELISTED
MoneyLion Inc.
ML
– –
-103,640
Closed -$2.24M
HZNP
104
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
– –
-688,794
Closed -$79.7M
ESTE
105
DELISTED
Earthstone Energy Inc. Class A Common Stock
ESTE
– –
-885,597
Closed -$17.9M
ATVI
106
DELISTED
Activision Blizzard
ATVI
– –
-1,107,205
Closed -$104M
DISH
107
DELISTED
DISH Network Corp.
DISH
– –
-22,950
Closed -$134K
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 Q4 2023 Portfolio in Review

As of Q4 2023, Water Island Capital held 116 positions worth $1.01B, down 9.5% from $1.12B the previous quarter. Its ten largest holdings account for 57% of the portfolio.

Water Island Capital withdrew a net $228M in Q4 2023, closing 58 positions and reducing 6 holdings. Its most notable exit was Activision Blizzard, an estimated $104M position sold in full.

By sector, the portfolio is most concentrated in Healthcare at 23% of assets, up from 17% a quarter earlier, followed by Energy and Technology.

Against the trend, Water Island Capital opened a new position in Pioneer Natural Resource Co. worth $80.6M.

  • Water Island Capital's largest Q4 2023 buy was Pioneer Natural Resource Co.: 358,308 shares worth $80.6M.
  • Water Island Capital added most to Splunk Inc in Q4 2023, an estimated $43.5M increase.
  • Water Island Capital's biggest Q4 2023 reduction was TXNM Energy Inc, cutting an estimated $40.7M.
  • Water Island Capital fully exited Activision Blizzard in Q4 2023, selling an estimated $104M.
  • Water Island Capital's ten largest holdings make up 57% of its $1.01B portfolio in Q4 2023.
  • Water Island Capital opened 34 new positions and closed 58 in Q4 2023.
  • Water Island Capital's portfolio value fell 9.5% quarter-over-quarter to $1.01B.

Based on Water Island Capital's 13F filing for Q4 2023, filed 13 Feb 2024.