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
+19.09%
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
$3B
AUM Growth
+$63.3M
Cap. Flow
-$219M
Cap. Flow %
-7.31%
Top 10 Hldgs %
59.09%
Holding
198
New
47
Increased
26
Reduced
22
Closed
95

Top Buys

Rank Stock Value
1
AGN
Allergan Inc
AGN
+$165M
2
CVD
COVANCE INC.
CVD
+$115M
3
CFN
CAREFUSION CORPORATION
CFN
+$98.8M
4
COV
COVIDIEN PLC COM SHS NEW (IRELAND)
COV
+$94.3M
5
CBST
CUBIST PHARMACEUTICALS INC
CBST
+$91.1M

Top Sells

Rank Stock Value
1
FWLT
FOSTER WHEELER AG (SWITZERLAND)
FWLT
+$152M
2
TWTC
TW TELECOM INC CL A COM
TWTC
+$146M
3
URS
URS CORP
URS
+$126M
4
SHPG
Shire pic
SHPG
+$116M
5
CNQR
CONCUR TECHNOLOGIES INC
CNQR
+$79.7M

Sector Composition

Rank Sector Weight
1 Healthcare 22.66%
2 Consumer Staples 11.19%
3 Technology 10.73%
4 Financials 6.82%
5 Consumer Discretionary 3.98%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
MGAM
151
DELISTED
MULTIMEDIA GAMES HOLDING COMPANY INC COM STK (TX)
MGAM
– –
-165,574
Closed -$5.96M
LIN
152
DELISTED
LIN MEDIA LLC CLASS A COM
LIN
– –
-696,951
Closed -$15.5M
OABC
153
DELISTED
OMNIAMERICAN BANCORP INC COM STK (TX)
OABC
– –
-571,264
Closed -$14.5M
CPWR
154
DELISTED
COMPUWARE CORP
CPWR
– –
-4,673,913
Closed -$47.6M
BKW
155
PUT
DELISTED
BURGER KING WORLDWIDE
BKW
– –
-487,100
Closed -$2.65M
THI
156
DELISTED
TIM HORTONS INC COM, CANADA
THI
– –
-608,852
Closed -$47.9M
CNVR
157
DELISTED
CONVERSANT INC COM STK (DE)
CNVR
– –
-922,215
Closed -$31.6M
TIBX
158
DELISTED
TIBCO SOFTWARE INC
TIBX
– –
-1,975,770
Closed -$46.7M
KOG
159
DELISTED
KODIAK OIL & GAS CORP
KOG
– –
-649,967
Closed -$8.82M
KOG
160
PUT
DELISTED
KODIAK OIL & GAS CORP
KOG
– –
-653,300
Closed -$425K
TAM
161
DELISTED
TAMINCO CORP COM
TAM
– –
-494,290
Closed -$12.9M
CNQR
162
DELISTED
CONCUR TECHNOLOGIES INC
CNQR
– –
-628,115
Closed -$79.7M
CNQR
163
PUT
DELISTED
CONCUR TECHNOLOGIES INC
CNQR
– –
-109,300
Closed -$58.4K
KMP
164
DELISTED
KINDER MORGAN ENER PNTRS L.P.
KMP
– –
-173,662
Closed -$16.2M
KMR
165
DELISTED
KINDER MORGAN MANAGEMENT LLC
KMR
– –
-172,215
Closed -$16M
EPB
166
DELISTED
EL PASO PIPELINE PARTNERS, L.P. COM UNITS REPSTG LTD PART
EPB
– –
-399,223
Closed -$16M
BYI
167
CALL
DELISTED
BALLY TECHNOLOGIES, INC.
BYI
– –
-55,000
Closed -$144K
BYI
168
DELISTED
BALLY TECHNOLOGIES, INC.
BYI
– –
-55,000
Closed -$4.44M
BYI
169
PUT
DELISTED
BALLY TECHNOLOGIES, INC.
BYI
– –
-55,000
Closed -$64.6K
BOLT
170
DELISTED
BOLT TECHNOLOGY CORPORATION
BOLT
– –
-589,621
Closed -$12.9M
ATHL
171
DELISTED
ATHLON ENERGY INC COM
ATHL
– –
-1,216,204
Closed -$70.8M
AMBI
172
DELISTED
Ambit Biosciences Corp
AMBI
– –
-126,415
Closed -$1.95M
BAGL
173
DELISTED
EINSTEIN NOAH RESTAURANT GROUP, INC CMN STK (DELAWARE)
BAGL
– –
-631,810
Closed -$12.7M
FUBC
174
DELISTED
1st United Bancorp (Florida)
FUBC
– –
-1,434,973
Closed -$12.2M
TWTC
175
CALL
DELISTED
TW TELECOM INC CL A COM
TWTC
– –
-76,100
Closed -$150K
4 5 6
7
8

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 2014 Portfolio in Review

As of Q4 2014, Water Island Capital held 198 positions worth $3B, up 2.2% from $2.94B the previous quarter. Its ten largest holdings account for 59% of the portfolio.

Water Island Capital withdrew a net $219M in Q4 2014, closing 95 positions and reducing 22 holdings. Its most notable exit was FOSTER WHEELER AG (SWITZERLAND), an estimated $152M position sold in full.

By sector, the portfolio is most concentrated in Healthcare at 23% of assets, up from 9.7% a quarter earlier, followed by Consumer Staples and Technology.

Against the trend, Water Island Capital opened a new position in COVANCE INC. worth $127M.

  • Water Island Capital's largest Q4 2014 buy was COVANCE INC.: 1,225,758 shares worth $127M.
  • Water Island Capital added most to Allergan Inc in Q4 2014, an estimated $165M increase.
  • Water Island Capital's biggest Q4 2014 reduction was PEPCO HOLDINGS, INC., cutting an estimated $76.5M.
  • Water Island Capital fully exited FOSTER WHEELER AG (SWITZERLAND) in Q4 2014, selling an estimated $152M.
  • Water Island Capital's ten largest holdings make up 59% of its $3B portfolio in Q4 2014.
  • Water Island Capital opened 47 new positions and closed 95 in Q4 2014.
  • Water Island Capital's portfolio value rose 2.2% quarter-over-quarter to $3B.

Based on Water Island Capital's 13F filing for Q4 2014, filed 10 Feb 2015.