We are live on
!
Find out more
WIC
Water Island Capital Portfolio holdings
AUM
$1.08B
1-Year Est. Return
105.75%
This Fund
S&P 500
This Quarter
Est. Return
+5.89%
1 Year Est. Return
+105.75%
3 Year Est. Return
+437.83%
5 Year Est. Return
+1,485.53%
10 Year Est. Return
+23,012.79%
AUM
$1.61B
AUM Growth
-$562M
(-26%)
Cap. Flow
-$582M
Cap. Flow
% of AUM
-36.17%
Top 10 Holdings %
Top 10 Hldgs %
64.88%
Holding
126
New
30
Increased
31
Reduced
13
Closed
48
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
WCG
Wellcare Health Plans, Inc.
WCG
|
+$88M |
| 2 |
BPL
Buckeye Partners, L.P.
BPL
|
+$78.2M |
| 3 |
ZAYO
Zayo Group Holdings, Inc.
ZAYO
|
+$71.4M |
| 4 |
MDSO
Medidata Solutions, Inc.
MDSO
|
+$58.9M |
| 5 |
STI
SunTrust Banks, Inc.
STI
|
+$51.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
LLL
L3 Technologies, Inc.
LLL
|
+$174M |
| 2 |
RHT
Red Hat Inc
RHT
|
+$171M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$148M |
| 4 |
TRCO
TRIBUNE MEDIA COMPANY CLASS A
TRCO
|
+$133M |
| 5 |
FDC
First Data Corporation
FDC
|
+$131M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 27.96% |
| 2 | Industrials | 23.93% |
| 3 | Financials | 11.1% |
| 4 | Technology | 10.93% |
| 5 | Consumer Discretionary | 8.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CELG
1
DELISTED
Celgene Corp
CELG
| $156M | 9.68% |
1,568,238
+322,908
| +26% | +$30.7M |
|
|
WCG
2
DELISTED
Wellcare Health Plans, Inc.
WCG
| $154M | 9.6% |
595,699
+319,001
| +115% | +$88M |
|
|
STI
3
DELISTED
SunTrust Banks, Inc.
STI
| $126M | 7.82% |
1,828,193
+802,377
| +78% | +$51.4M |
|
|
BPL
4
DELISTED
Buckeye Partners, L.P.
BPL
| $108M | 6.73% |
2,634,740
+1,895,250
| +256% | +$78.2M |
|
|
ZAYO
5
DELISTED
Zayo Group Holdings, Inc.
ZAYO
| $98.4M | 6.12% |
2,903,223
+2,118,351
| +270% | +$71.4M |
|
|
MLNX
6
DELISTED
Mellanox Technologies, Ltd.
MLNX
| $88.7M | 5.51% |
808,933
+151,025
| +23% | +$16.7M |
|
|
ADSW
7
DELISTED
Advanced Disposal Services Inc
ADSW
| $87.8M | 5.46% |
2,697,032
+793,648
| +42% | +$25.7M |
|
|
MDSO
8
DELISTED
Medidata Solutions, Inc.
MDSO
| $82.4M | 5.12% |
900,726
+645,222
| +253% | +$58.9M |
|
|
AGN
9
DELISTED
Allergan plc
AGN
| $82.3M | 5.12% |
489,298
+230,288
| +89% | +$37.5M |
|
|
WBC
10
DELISTED
WABCO HOLDINGS INC.
WBC
| $59.6M | 3.71% |
445,689
+159,136
| +56% | +$21.2M |
|
|
ISCA
11
DELISTED
International Speedway Corp
ISCA
| $51.4M | 3.19% |
1,140,991
+699,136
| +158% | +$31.5M |
|
|
GWR
12
DELISTED
Genesee & Wyoming Inc.
GWR
| $50.3M | 3.13% |
+455,324
| New | +$50.1M |
|
|
MCRN
13
DELISTED
Milacron Holdings Corp.
MCRN
| $44.8M | 2.79% |
+2,688,005
| New | +$43.2M |
|
|
NCI
14
DELISTED
Navigant Consulting, Inc.
NCI
| $41.4M | 2.57% |
+1,481,220
| New | +$39.1M |
|
|
BID
15
DELISTED
Sotheby's
BID
| $37.6M | 2.34% |
659,419
+335,702
| +104% | +$19.4M |
|
|
TYPE
16
DELISTED
Monotype Imaging Holdings Inc.
TYPE
| $32.6M | 2.03% |
+1,644,786
| New | +$31.3M |
|
|
CBLK
17
DELISTED
Carbon Black, Inc. Common Stock
CBLK
| $28.7M | 1.79% |
+1,106,000
| New | +$24.4M |
|
18
Pacific Biosciences
PACB
$429M
| $23.7M | 1.47% |
4,590,150
+711,814
| +18% | +$3.98M |
|
|
SEMG
19
DELISTED
SEMGROUP CORPORATION
SEMG
| $23.6M | 1.47% |
+1,443,846
| New | +$16.9M |
|
|
LTXB
20
DELISTED
LegacyTexas Financial Group Inc
LTXB
| $22M | 1.37% |
504,904
+304,282
| +152% | +$12.6M |
|
|
VIAB
21
DELISTED
Viacom Inc. Class B
VIAB
| $21.2M | 1.32% |
+883,967
| New | +$24.7M |
|
|
UBNK
22
DELISTED
United Financial Bancorp, Inc.
UBNK
| $20.6M | 1.28% |
+1,509,249
| New | +$20.4M |
|
|
CZR
23
DELISTED
Caesars Entertainment Corporation
CZR
| $19M | 1.18% |
1,625,825
+493,825
| +44% | +$5.79M |
|
|
WAIR
24
DELISTED
WESCO Aircraft Holdings Inc.
WAIR
| $17.6M | 1.1% |
+1,599,673
| New | +$17.4M |
|
|
GCI
25
DELISTED
Gannett Co., Inc
GCI
| $13.7M | 0.85% |
+1,277,942
| New | +$12.7M |
|
Similar funds
KFP
TIC
GA
ICP
SGCA
HMCP
GLLW
OHIS
Water Island Capital's Q3 2019 Portfolio in Review
As of Q3 2019, Water Island Capital held 126 positions worth $1.61B, down 26% from $2.17B the previous quarter. Its ten largest holdings account for 65% of the portfolio.
Water Island Capital withdrew a net $582M in Q3 2019, closing 48 positions and reducing 13 holdings. Its most notable exit was L3 Technologies, Inc., an estimated $174M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 28% of assets, up from 14% a quarter earlier, followed by Industrials and Financials.
Against the trend, Water Island Capital opened a new position in Genesee & Wyoming Inc. worth $50.3M.
- Water Island Capital's largest Q3 2019 buy was Genesee & Wyoming Inc.: 455,324 shares worth $50.3M.
- Water Island Capital added most to Wellcare Health Plans, Inc. in Q3 2019, an estimated $88M increase.
- Water Island Capital's biggest Q3 2019 reduction was Fox Class A, cutting an estimated $14.9M.
- Water Island Capital fully exited L3 Technologies, Inc. in Q3 2019, selling an estimated $174M.
- Water Island Capital's ten largest holdings make up 65% of its $1.61B portfolio in Q3 2019.
- Water Island Capital opened 30 new positions and closed 48 in Q3 2019.
- Water Island Capital's portfolio value fell 26% quarter-over-quarter to $1.61B.
Based on Water Island Capital's 13F filing for Q3 2019, filed 12 Nov 2019.