WATER ISLAND CAPITAL LLC

CIK: 0001222765SEC EDGAR →

Portfolio Value

$927.6M

Holdings

91

As of

Q4 2025

New Positions

49

Closed Positions

38

Portfolio Value History

Top 10 Holdings

RankStockSharesValue% of Portfolio
1

Chart Industries Inc

188,325$38.8M
4.19%
2

CyberArk Software Ltd

86,648$38.6M
4.17%
3

Norfolk Southern Corp

129,043$37.3M
4.02%
4

Electronic Arts Inc

180,838$37.0M
3.98%
5

Exact Sciences Corp

350,009$35.5M
3.83%
6

Hologic Inc

467,742$34.8M
3.76%
7

Comerica Inc

398,037$34.6M
3.73%
8

TXNM Energy Inc

576,411$33.9M
3.66%
9

Cidara Therapeutics Inc

150,708$33.3M
3.59%
10

Warner Bros Discovery Inc

1,139,634$32.8M
3.54%

Quarterly Changes

Top Buys

EXASNEW
$35.5M
HOLXNEW
$34.8M
CMANEW
$34.6M
CDTXNEW
$33.3M
WBDNEW
$32.8M

Top Sells

VRNACLOSED
$31.0M
AVDXCLOSED
$28.7M
INFA1EURCLOSED
$28.6M
VBTXCLOSED
$27.4M
VTYCLOSED
$24.4M

New Positions (61)

$35.5M · 350K shares
$34.8M · 468K shares
$34.6M · 398K shares
$33.3M · 151K shares
$32.8M · 1.1M shares
$30.8M · 647K shares
$23.4M · 1.1M shares
$23.2M · 559K shares
$21.1M · 876K shares
$19.4M · 640K shares
$17.0M · 25K shares
Cidara Therapeutics Inc
$17.0M · 77K shares
$14.3M · 929K shares
$12.8M · 985K shares
$12.7M · 298K shares
$12.7M · 399K shares
$12.2M · 559K shares
$12.2M · 169K shares
$12.1M · 168K shares
$12.0M · 695K shares
$11.9M · 690K shares
$11.6M · 151K shares
$10.1M · 707K shares
Hillenbrand Inc
$10.0M · 315K shares
$9.4M · 610K shares
$9.3M · 110K shares
$8.8M · 197K shares
$8.1M · 616K shares
$7.5M · 629K shares
$6.6M · 206K shares
$6.4M · 451K shares
$6.0M · 5.0M shares
$5.4M · 263K shares
$4.9M · 5.0M shares
$4.5M · 61K shares
$4.4M · 988K shares
$4.3M · 42K shares
$3.4M · 3.5M shares
$2.8M · 3.0M shares
$2.7M · 95K shares
$2.5M · 2.5M shares
$2.3M · 99K shares
$2.2M · 67K shares
$2.1M · 144K shares
$2.0M · 118K shares
$2.0M · 227K shares
$1.9M · 31K shares
$1.9M · 29K shares
$1.4M · 37K shares
$1.3M · 213K shares
Anywhere Real Estate Inc
$1.0M · 71K shares
$846K · 22K shares
$795K · 136K shares
$697K · 16K shares
$570K · 12K shares
$420K · 2K shares
$407K · 34K shares
$406K · 66K shares
$392K · 174K shares
$279K · 9K shares
$217K · 1K shares

Closed Positions (54)

$31.0M · 290K shares
$28.7M · 2.9M shares
$28.6M · 1.1M shares
$27.4M · 816K shares
$24.4M · 1.2M shares
$23.0M · 1.4M shares
WNS HLDGS LTD
$22.6M · 296K shares
SYNOVUS FINL CORP
$20.7M · 422K shares
$18.7M · 1.0M shares
$18.5M · 930K shares
$18.1M · 421K shares
$14.9M · 2.3M shares
$14.1M · 785K shares
$12.1M · 1.6M shares
$11.6M · 99K shares
$11.3M · 493K shares
$10.9M · 1.1M shares
$9.2M · 210K shares
Merus NV
$9.0M · 96K shares
$9.0M · 96K shares
VERONA PHARMA PLC
$9.0M · 84K shares
KELLANOVA
$8.9M · 109K shares
$8.0M · 1.6M shares
$7.7M · 278K shares
89BIO INC
$7.3M · 494K shares
$6.3M · 959K shares
$6.1M · 5.0M shares
$5.3M · 656K shares
$4.3M · 4.5M shares
$4.1M · 762K shares
$3.2M · 3.5M shares
$2.9M · 3.0M shares
$2.7M · 214K shares
$2.4M · 51K shares
$2.3M · 36K shares
$1.8M · 63K shares
$1.6M · 95K shares
$1.6M · 1.6M shares
$1.4M · 72K shares
MAC COPPER LIMITED
$1.3M · 103K shares
$1.2M · 8K shares
$1.2M · 18K shares
$1.0M · 1.0M shares
$980K · 19K shares
METSERA INC
$979K · 19K shares
$845K · 59K shares
$609K · 43K shares
$563K · 73K shares
$540K · 143K shares
$505K · 40K shares
$447K · 17K shares
$306K · 22K shares
$64K · 10K shares
$46K · 36K shares

Sector Breakdown

Sector# HoldingsValue%
Unknown35$245.9M26.5%
Technology14$148.2M16.0%
Healthcare9$140.0M15.1%
Industrials4$107.9M11.6%
Communication Services4$95.4M10.3%
Financial Services8$52.7M5.7%
Utilities3$36.3M3.9%
Consumer Defensive6$33.3M3.6%
Basic Materials4$24.8M2.7%
Consumer Cyclical2$23.4M2.5%
Real Estate2$19.7M2.1%