Filed: 11/14/2025ACC: 0001222765-25-000021
📋 What this filing means
WATER ISLAND CAPITAL LLC filed this quarterly 13F‑HR report disclosing 84 equity positions with a total reported market value of $793.31M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
84
Positions
$793.31M
Total AUM (reported)
78.26M
Total Shares
Allocation by class
EQUITY$635.22M80.1%
EQUITY PUT$72.41M9.1%
CONVERTIBLE BOND$51.18M6.5%
EQUITY CALL$22.67M2.9%
REIT$6.27M0.8%
CONVERTIBLE PREFERRED STOCK$5.57M0.7%
Portfolio Concentration
Top 3$110.21M13.9%
4–10$184.76M23.3%
11–25$273.53M34.5%
Rest$224.81M28.3%
Top 3 weight
13.9%
Top 10 weight
37.2%
Voting Authority Distribution
Total shares with voting rights: 78.26M
Sole
Full voting authority
78.26M
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)
Sole84
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings84
Rows:
CYBERARK SOFTWARE LTD
SOLEShares85.80K
TypeSH
Market value$41.45M
5.23%
Sole
85.80K
Shared
0.00
None
0.00
NORFOLK SOUTHN CORP
SOLEShares125.80K
TypeSH
Market value$37.79M
4.76%
Sole
125.80K
Shared
0.00
None
0.00
VERONA PHARMA PLC
SOLEShares290.18K
TypeSH
Market value$30.97M
3.90%
Sole
290.18K
Shared
0.00
None
0.00
AVIDXCHANGE HOLDINGS INC
SOLEShares2.88M
TypeSH
Market value$28.68M
3.62%
Sole
2.88M
Shared
0.00
None
0.00
INFORMATICA INC
SOLEShares1.15M
TypeSH
Market value$28.56M
3.60%
Sole
1.15M
Shared
0.00
None
0.00
VERITEX HLDGS INC
SOLEShares815.70K
TypeSH
Market value$27.35M
3.45%
Sole
815.70K
Shared
0.00
None
0.00
TXNM ENERGY INC
SOLEShares450.66K
TypeSH
Market value$25.48M
3.21%
Sole
450.66K
Shared
0.00
None
0.00
CHART INDS INC
SOLEShares127.17K
TypeSH
Market value$25.45M
3.21%
Sole
127.17K
Shared
0.00
None
0.00
TEGNA INC
SOLEShares1.22M
TypeSH
Market value$24.87M
3.14%
Sole
1.22M
Shared
0.00
None
0.00
VERINT SYS INC
SOLEShares1.20M
TypeSH
Market value$24.36M
3.07%
Sole
1.20M
Shared
0.00
None
0.00
POTBELLY CORP
SOLEShares1.35M
TypeSH
Market value$23.03M
2.90%
Sole
1.35M
Shared
0.00
None
0.00
ASPEN INSURANCE HOLDINGS LTD
SOLEShares620.25K
TypeSH
Market value$22.77M
2.87%
Sole
620.25K
Shared
0.00
None
0.00
WNS HLDGS LTD
SOLEShares296.04K
TypeSH
Market value$22.58M
2.85%
Sole
296.04K
Shared
0.00
None
0.00
SYNOVUS FINL CORP
SOLEShares421.50K
TypeSH
Market value$20.69M
2.61%
Sole
421.50K
Shared
0.00
None
0.00
SYNOVUS FINL CORP
SOLEShares421.50K
TypeSH
Market value$20.69M
2.61%
Sole
421.50K
Shared
0.00
None
0.00
AIR LEASE CORP
SOLEShares300.68K
TypeSH
Market value$19.14M
2.41%
Sole
300.68K
Shared
0.00
None
0.00
CORE SCIENTIFIC INC NEW
SOLEShares1.04M
TypeSH
Market value$18.69M
2.36%
Sole
1.04M
Shared
0.00
None
0.00
MERIDIANLINK INC
SOLEShares930.23K
TypeSH
Market value$18.54M
2.34%
Sole
930.23K
Shared
0.00
None
0.00
SAPIENS INTL CORP N V
SOLEShares421.43K
TypeSH
Market value$18.12M
2.28%
Sole
421.43K
Shared
0.00
None
0.00
ELECTRONIC ARTS INC
SOLEShares88.59K
TypeSH
Market value$17.87M
2.25%
Sole
88.59K
Shared
0.00
None
0.00
STAAR SURGICAL CO
SOLEShares658.32K
TypeSH
Market value$17.69M
2.23%
Sole
658.32K
Shared
0.00
None
0.00
HANESBRANDS INC
SOLEShares2.26M
TypeSH
Market value$14.92M
1.88%
Sole
2.26M
Shared
0.00
None
0.00
CORE SCIENTIFIC INC NEW
SOLEShares785.45K
TypeSH
Market value$14.09M
1.78%
Sole
785.45K
Shared
0.00
None
0.00
DAYFORCE INC
SOLEShares183.72K
TypeSH
Market value$12.66M
1.60%
Sole
183.72K
Shared
0.00
None
0.00
VIMEO INC
SOLEShares1.56M
TypeSH
Market value$12.06M
1.52%
Sole
1.56M
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
CYBERARK SOFTWARE LTDSOLE | Equity | 85.80K | SH | $41.45M 5.23% | 85.80K | 0.00 | 0.00 |
NORFOLK SOUTHN CORPSOLE | Equity | 125.80K | SH | $37.79M 4.76% | 125.80K | 0.00 | 0.00 |
VERONA PHARMA PLCSOLE | Equity | 290.18K | SH | $30.97M 3.90% | 290.18K | 0.00 | 0.00 |
AVIDXCHANGE HOLDINGS INCSOLE | Equity | 2.88M | SH | $28.68M 3.62% | 2.88M | 0.00 | 0.00 |
INFORMATICA INCSOLE | Equity | 1.15M | SH | $28.56M 3.60% | 1.15M | 0.00 | 0.00 |
VERITEX HLDGS INCSOLE | Equity | 815.70K | SH | $27.35M 3.45% | 815.70K | 0.00 | 0.00 |
TXNM ENERGY INCSOLE | Equity | 450.66K | SH | $25.48M 3.21% | 450.66K | 0.00 | 0.00 |
CHART INDS INCSOLE | Equity | 127.17K | SH | $25.45M 3.21% | 127.17K | 0.00 | 0.00 |
TEGNA INCSOLE | Equity | 1.22M | SH | $24.87M 3.14% | 1.22M | 0.00 | 0.00 |
VERINT SYS INCSOLE | Equity | 1.20M | SH | $24.36M 3.07% | 1.20M | 0.00 | 0.00 |
POTBELLY CORPSOLE | Equity | 1.35M | SH | $23.03M 2.90% | 1.35M | 0.00 | 0.00 |
ASPEN INSURANCE HOLDINGS LTDSOLE | Equity | 620.25K | SH | $22.77M 2.87% | 620.25K | 0.00 | 0.00 |
WNS HLDGS LTDSOLE | Equity | 296.04K | SH | $22.58M 2.85% | 296.04K | 0.00 | 0.00 |
SYNOVUS FINL CORPSOLE | Equity Put | 421.50K | SH | $20.69M 2.61% | 421.50K | 0.00 | 0.00 |
SYNOVUS FINL CORPSOLE | Equity | 421.50K | SH | $20.69M 2.61% | 421.50K | 0.00 | 0.00 |
AIR LEASE CORPSOLE | Equity | 300.68K | SH | $19.14M 2.41% | 300.68K | 0.00 | 0.00 |
CORE SCIENTIFIC INC NEWSOLE | Equity Put | 1.04M | SH | $18.69M 2.36% | 1.04M | 0.00 | 0.00 |
MERIDIANLINK INCSOLE | Equity | 930.23K | SH | $18.54M 2.34% | 930.23K | 0.00 | 0.00 |
SAPIENS INTL CORP N VSOLE | Equity | 421.43K | SH | $18.12M 2.28% | 421.43K | 0.00 | 0.00 |
ELECTRONIC ARTS INCSOLE | Equity | 88.59K | SH | $17.87M 2.25% | 88.59K | 0.00 | 0.00 |
STAAR SURGICAL COSOLE | Equity | 658.32K | SH | $17.69M 2.23% | 658.32K | 0.00 | 0.00 |
HANESBRANDS INCSOLE | Equity | 2.26M | SH | $14.92M 1.88% | 2.26M | 0.00 | 0.00 |
CORE SCIENTIFIC INC NEWSOLE | Equity | 785.45K | SH | $14.09M 1.78% | 785.45K | 0.00 | 0.00 |
DAYFORCE INCSOLE | Equity | 183.72K | SH | $12.66M 1.60% | 183.72K | 0.00 | 0.00 |
VIMEO INCSOLE | Equity | 1.56M | SH | $12.06M 1.52% | 1.56M | 0.00 | 0.00 |
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