WATER ISLAND CAPITAL LLC
CIK 1222765 · Holdings on Mar 31, 2025 · First reported May 15, 2025
Top ten holdings
Q1 2025- AMED8.97%
- HES7.17%
- HEES7.09%
- KEL7.02%
- 30034T1035.92%
- BECN5.80%
- AKX5.68%
- JNP5.47%
- N705441063.66%
- ESGR3.32%
Share classes counted separately60.10%
Portfolio value by quarter
What changed this quarter?
Within preview · weight change- AMEDWeight increased · +2.39 pp6.58% → 8.97%Shares -45.15K (-7.48%)
- ESGRWeight increased · +1.60 pp1.72% → 3.32%Shares +13.29K (+29.98%)
- 30034T103Weight increased · +1.17 pp4.75% → 5.92%Shares -425.65K (-14.55%)
Weight = security value ÷ total reported holdings value. Changes are in percentage points; price moves also affect weights, so they are not trade sizes.
Top 10 holdings 25
USD · B = billion · M = million; expand a row for exact values| # | Security | Value | Weight | Quantity | Weight / quantity change | Activity | |
|---|---|---|---|---|---|---|---|
| 01 | AMEDAMEDISYS INCEquity View history and evidence | $51.73M | 8.97% | 558.41K shares | 6.58% → 8.97%+2.39 pp -45.15K (-7.48%) | Reduced | ↗▾ |
| 02 | HESHESS CORPEquity View history and evidence | $41.36M | 7.17% | 258.91K shares | 6.55% → 7.17%+0.62 pp -150.85K (-36.82%) | Reduced | ↗▾ |
| 03 | HEESH&E EQUIPMENT SERVICES INCEquity View history and evidence | $40.92M | 7.09% | 431.65K shares | Prior unavailable +431.65K | New | ↗▾ |
| 04 | KELKELLANOVAEquity View history and evidence | $40.52M | 7.02% | 491.24K shares | 6.28% → 7.02%+0.74 pp -153.83K (-23.85%) | Reduced | ↗▾ |
| 05 | 30034T103EVERI HOLDINGS INCEquity View history and evidence | $34.17M | 5.92% | 2.50M shares | 4.75% → 5.92%+1.17 pp -425.65K (-14.55%) | Reduced | ↗▾ |
| 06 | BECNBEACON ROOFING SUPPLY INCEquity View history and evidence | $33.46M | 5.80% | 270.51K shares | Prior unavailable +270.51K | New | ↗▾ |
| 07 | AKXANSYS INCEquity View history and evidence | $32.76M | 5.68% | 103.48K shares | 4.78% → 5.68%+0.90 pp -14.42K (-12.23%) | Reduced | ↗▾ |
| 08 | JNPJUNIPER NETWORKS INCEquity View history and evidence | $31.56M | 5.47% | 871.96K shares | 4.31% → 5.47%+1.16 pp -85.61K (-8.94%) | Reduced | ↗▾ |
| 09 | N70544106PLAYA HOTELS & RESORTS NVEquity View history and evidence | $21.12M | 3.66% | 1.58M shares | Prior unavailable +1.58M | New | ↗▾ |
| 10 | ESGRENSTAR GROUP LTDEquity View history and evidence | $19.15M | 3.32% | 57.62K shares | 1.72% → 3.32%+1.60 pp +13.29K (+29.98%) | Added | ↗▾ |
Options overlay 20
$187.21M notionalPut and Call positions are separate. Notional is based on underlying securities, not option premium, market value or net exposure. Quantities are underlying shares.
| Security | Put / Call | Underlying shares | Notional | Quantity change | |
|---|---|---|---|---|---|
CVXCHEVRON CORPEquity Call View history and evidence | Call | 280.30K | $46.89M | +280.30K | ▾ |
XUNITED STATES STEEL CORPEquity Call View history and evidence | Call | 531.40K | $22.46M | +531.40K | ▾ |
HEESH&E EQUIPMENT SERVICES INCEquity Put View history and evidence | Put | 231.40K | $21.93M | +231.40K | ▾ |
3 / 20 options · preview only
Exited positions 35
| Security | Type | Shares out | Value out | Previous filing | This filing |
|---|---|---|---|---|---|
| 418100103 HASHICORP INC-CL A | Non-derivative | -1,284,797 | -$43.95M | SEC filing ↗ | SEC filing ↗ |
| 29260Y109 ENDEAVOR GROUP HOLD-CLASS A | Non-derivative | -1,346,226 | -$42.12M | SEC filing ↗ | SEC filing ↗ |
| ACI ALBERTSONS COS INC - CLASS A | Non-derivative | -1,862,712 | -$36.58M | SEC filing ↗ | SEC filing ↗ |
3 / 35 preview exits. Up to 30 exit records are previewed. Exit means absent from the current filing; execution date, price and proceeds are unknown.
Every number has a source.
CIK 1222765 · Period 2025-03-31
Data loaded 2026-09-23 · First reported 2025-05-15
Amendments and versions
{
"amendments_merged": null,
"prior_versions": null,
"cover_table_value": 764117069
}Research all 84 reported holdings.
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