Filed: 2/13/2025ACC: 0001222765-25-000004
📋 What this filing means
WATER ISLAND CAPITAL LLC filed this quarterly 13F‑HR report disclosing 78 equity positions with a total reported market value of $925.68M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
78
Positions
$925.68M
Total AUM (reported)
100.60M
Total Shares
Allocation by class
EQUITY$762.66M82.4%
EQUITY CALL$81.82M8.8%
CONVERTIBLE BOND$64.81M7.0%
EQUITY PUT$11.52M1.2%
CONVERTIBLE PREFERRED STOCK$4.87M0.5%
Portfolio Concentration
Top 3$161.53M17.4%
4–10$269.14M29.1%
11–25$301.75M32.6%
Rest$193.27M20.9%
Top 3 weight
17.4%
Top 10 weight
46.5%
Voting Authority Distribution
Total shares with voting rights: 100.60M
Sole
Full voting authority
100.60M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole78
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings78
Rows:
AMEDISYS INC
SOLEShares603.57K
TypeSH
Market value$54.80M
5.92%
Sole
603.57K
Shared
0.00
None
0.00
HESS CORP
SOLEShares409.76K
TypeSH
Market value$54.50M
5.89%
Sole
409.76K
Shared
0.00
None
0.00
KELLANOVA
SOLEShares645.07K
TypeSH
Market value$52.23M
5.64%
Sole
645.07K
Shared
0.00
None
0.00
HASHICORP INC
SOLEShares1.28M
TypeSH
Market value$43.95M
4.75%
Sole
1.28M
Shared
0.00
None
0.00
ENDEAVOR GROUP HLDGS INC
SOLEShares1.35M
TypeSH
Market value$42.12M
4.55%
Sole
1.35M
Shared
0.00
None
0.00
ANSYS INC
SOLEShares117.90K
TypeSH
Market value$39.77M
4.30%
Sole
117.90K
Shared
0.00
None
0.00
EVERI HLDGS INC
SOLEShares2.92M
TypeSH
Market value$39.52M
4.27%
Sole
2.92M
Shared
0.00
None
0.00
ALBERTSONS COS INC
SOLEShares1.86M
TypeSH
Market value$36.58M
3.95%
Sole
1.86M
Shared
0.00
None
0.00
JUNIPER NETWORKS INC
SOLEShares957.57K
TypeSH
Market value$35.86M
3.87%
Sole
957.57K
Shared
0.00
None
0.00
SCHLUMBERGER LTD
SOLEShares817.20K
TypeSH
Market value$31.33M
3.38%
Sole
817.20K
Shared
0.00
None
0.00
SMARTSHEET INC
SOLEShares555.90K
TypeSH
Market value$31.15M
3.36%
Sole
555.90K
Shared
0.00
None
0.00
CHAMPIONX CORPORATION
SOLEShares1.12M
TypeSH
Market value$30.36M
3.28%
Sole
1.12M
Shared
0.00
None
0.00
FRONTIER COMMUNICATIONS PARE
SOLEShares760.30K
TypeSH
Market value$26.38M
2.85%
Sole
760.30K
Shared
0.00
None
0.00
ZUORA INC
SOLEShares2.42M
TypeSH
Market value$24.03M
2.60%
Sole
2.42M
Shared
0.00
None
0.00
RETAIL OPPORTUNITY INVTS COR
SOLEShares1.31M
TypeSH
Market value$22.77M
2.46%
Sole
1.31M
Shared
0.00
None
0.00
UNITED STATES STL CORP NEW
SOLEShares588.12K
TypeSH
Market value$19.99M
2.16%
Sole
588.12K
Shared
0.00
None
0.00
AVID BIOSERVICES INC
SOLEShares1.60M
TypeSH
Market value$19.71M
2.13%
Sole
1.60M
Shared
0.00
None
0.00
SUMMIT MATLS INC
SOLEShares384.89K
TypeSH
Market value$19.48M
2.10%
Sole
384.89K
Shared
0.00
None
0.00
MCGRATH RENTCORP
SOLEShares170.21K
TypeSH
Market value$19.03M
2.06%
Sole
170.21K
Shared
0.00
None
0.00
PARAMOUNT GLOBAL
SOLEShares1.51M
TypeSH
Market value$15.81M
1.71%
Sole
1.51M
Shared
0.00
None
0.00
ALTAIR ENGR INC
SOLEShares144.51K
TypeSH
Market value$15.77M
1.70%
Sole
144.51K
Shared
0.00
None
0.00
SPDR S&P 500 ETF TR
SOLEShares25K
TypeSH
Market value$14.65M
1.58%
Sole
25K
Shared
0.00
None
0.00
ENSTAR GROUP LIMITED
SOLEShares44.33K
TypeSH
Market value$14.28M
1.54%
Sole
44.33K
Shared
0.00
None
0.00
ARCADIUM LITHIUM PLC
SOLEShares2.77M
TypeSH
Market value$14.22M
1.54%
Sole
2.77M
Shared
0.00
None
0.00
TECHTARGET INC
SOLEShares14.21M
TypePRN
Market value$14.12M
1.53%
Sole
14.21M
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
AMEDISYS INCSOLE | Equity | 603.57K | SH | $54.80M 5.92% | 603.57K | 0.00 | 0.00 |
HESS CORPSOLE | Equity | 409.76K | SH | $54.50M 5.89% | 409.76K | 0.00 | 0.00 |
KELLANOVASOLE | Equity | 645.07K | SH | $52.23M 5.64% | 645.07K | 0.00 | 0.00 |
HASHICORP INCSOLE | Equity | 1.28M | SH | $43.95M 4.75% | 1.28M | 0.00 | 0.00 |
ENDEAVOR GROUP HLDGS INCSOLE | Equity | 1.35M | SH | $42.12M 4.55% | 1.35M | 0.00 | 0.00 |
ANSYS INCSOLE | Equity | 117.90K | SH | $39.77M 4.30% | 117.90K | 0.00 | 0.00 |
EVERI HLDGS INCSOLE | Equity | 2.92M | SH | $39.52M 4.27% | 2.92M | 0.00 | 0.00 |
ALBERTSONS COS INCSOLE | Equity | 1.86M | SH | $36.58M 3.95% | 1.86M | 0.00 | 0.00 |
JUNIPER NETWORKS INCSOLE | Equity | 957.57K | SH | $35.86M 3.87% | 957.57K | 0.00 | 0.00 |
SCHLUMBERGER LTDSOLE | Equity Call | 817.20K | SH | $31.33M 3.38% | 817.20K | 0.00 | 0.00 |
SMARTSHEET INCSOLE | Equity | 555.90K | SH | $31.15M 3.36% | 555.90K | 0.00 | 0.00 |
CHAMPIONX CORPORATIONSOLE | Equity | 1.12M | SH | $30.36M 3.28% | 1.12M | 0.00 | 0.00 |
FRONTIER COMMUNICATIONS PARESOLE | Equity | 760.30K | SH | $26.38M 2.85% | 760.30K | 0.00 | 0.00 |
ZUORA INCSOLE | Equity | 2.42M | SH | $24.03M 2.60% | 2.42M | 0.00 | 0.00 |
RETAIL OPPORTUNITY INVTS CORSOLE | Equity | 1.31M | SH | $22.77M 2.46% | 1.31M | 0.00 | 0.00 |
UNITED STATES STL CORP NEWSOLE | Equity | 588.12K | SH | $19.99M 2.16% | 588.12K | 0.00 | 0.00 |
AVID BIOSERVICES INCSOLE | Equity | 1.60M | SH | $19.71M 2.13% | 1.60M | 0.00 | 0.00 |
SUMMIT MATLS INCSOLE | Equity | 384.89K | SH | $19.48M 2.10% | 384.89K | 0.00 | 0.00 |
MCGRATH RENTCORPSOLE | Equity | 170.21K | SH | $19.03M 2.06% | 170.21K | 0.00 | 0.00 |
PARAMOUNT GLOBALSOLE | Equity | 1.51M | SH | $15.81M 1.71% | 1.51M | 0.00 | 0.00 |
ALTAIR ENGR INCSOLE | Equity | 144.51K | SH | $15.77M 1.70% | 144.51K | 0.00 | 0.00 |
SPDR S&P 500 ETF TRSOLE | Equity Call | 25K | SH | $14.65M 1.58% | 25K | 0.00 | 0.00 |
ENSTAR GROUP LIMITEDSOLE | Equity | 44.33K | SH | $14.28M 1.54% | 44.33K | 0.00 | 0.00 |
ARCADIUM LITHIUM PLCSOLE | Equity | 2.77M | SH | $14.22M 1.54% | 2.77M | 0.00 | 0.00 |
TECHTARGET INCSOLE | Convertible Bond | 14.21M | PRN | $14.12M 1.53% | 14.21M | 0.00 | 0.00 |
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