Fund Holdings — WATER ISLAND CAPITAL LLC

Total Portfolio Value
$750.12M
Total Bought
$412.41M
Total Sold
$465.26M
Net Transaction
-$52.85M
Filing Period:
Securities
▲▼
SharesValue ($K)
Q4 2025
▲▼
Q1 2026
▲▼
Change
▲▼
Q4 2025
▲▼
Q1 2026
▲▼
Weight (%)
▲▼
Change
▲▼
PENUMBRA INC(PEN)0120,095+120,095039,4365.26%+39,436
MASIMO CORP0194,197+194,197034,5424.60%+34,542
WEBSTER FINL CORP(WBS)0415,823+415,823028,8663.85%+28,866
TRI POINTE HOMES INC
COM
0536,367+536,367025,0643.34%+25,064
NATIONAL STORAGE AFFILIATES0576,224+576,224021,7472.90%+21,747
GREAT LAKES DREDGE & DOCK CO01,263,580+1,263,580021,4812.86%+21,481
ARCELLX INC
COMMON STOCK
0183,409+183,409021,0592.81%+21,059
DAY ONE BIOPHARMACEUTICALS I
COM
0944,247+944,247020,2452.70%+20,245
JANUS HENDERSON GROUP PLC647,485922,277+274,79230,80147,3776.32%+16,577
STELLAR BANCORP INC0431,231+431,231015,7872.10%+15,787
ELECTRONIC ARTS INC180,838249,888+69,05036,95150,9456.79%+13,994
ENHABIT INC
COM
0984,611+984,611013,8731.85%+13,873
SILICON LABORATORIES INC(SLAB)058,417+58,417012,1591.62%+12,159
WARNER BROS DISCOVERY INC(WBD)1,139,6341,617,020+477,38632,84444,4035.92%+11,559
VERIS RESIDENTIAL INC0597,390+597,390011,2731.50%+11,273
PEAKSTONE REALTY TRUST
COMMON SHARES
0503,583+503,583010,5201.40%+10,520
TERNS PHARMACEUTICALS INC0188,500+188,50009,9381.32%+9,938
KENNEDY-WILSON HOLDINGS INC0825,652+825,65208,9341.19%+8,934
ZIM INTEGRATED SHIPPING SERV
SHS
0331,800+331,80008,7431.17%+8,743
HOLOGIC INC467,742560,045+92,30334,84242,3345.64%+7,492
UNIFIRST CORP MASS(UNF)025,743+25,74306,4770.86%+6,477
DIGITALBRIDGE GROUP INC(DBRG)929,0001,299,051+370,05114,25120,0312.67%+5,781
TXNM ENERGY INC(TXNM)576,411674,867+98,45633,93939,4535.26%+5,514
APELLIS PHARMACEUTICALS INC
COM
0120,500+120,50004,8480.65%+4,848
TXNM ENERGY INC(TXNM)0004,0388,0991.08%+4,060
AES CORP(AES)0185,833+185,83302,6180.35%+2,618
ALLIED GOLD CORP(AAUC)072,785+72,78502,2550.30%+2,255
ONESTREAM INC
CL A
091,120+91,12002,1870.29%+2,187
NCR ATLEOS CORPORATION(NATL)038,939+38,93901,6970.23%+1,697
SELECT MED HLDGS CORP0103,467+103,46701,6850.22%+1,685
THERMON GROUP HLDGS INC032,987+32,98701,6630.22%+1,663
SUN CTRY AIRLS HLDGS INC098,859+98,85901,6330.22%+1,633
CENTESSA PHARMACEUTICALS PLC041,000+41,00001,6290.22%+1,629
BOEING CO(BA)07,234+7,23401,4400.19%+1,440
SUNOPTA INC
COM
0196,514+196,51401,2730.17%+1,273
NORFOLK SOUTHN CORP(NSC)129,043134,051+5,00837,25738,4735.13%+1,215
NUTANIX INC(NTNX)0003,3774,5150.60%+1,138
CLEAR CHANNEL OUTDOOR HLDGS(CCO)0478,517+478,51701,1340.15%+1,134
IHS HOLDING LIMITED
ORD SHS
0137,615+137,61501,1330.15%+1,133
TALKSPACE INC(TALK)0216,158+216,15801,1190.15%+1,119
MISTER CAR WASH INC
COM
0156,502+156,50201,0910.15%+1,091
COTERRA ENERGY INC027,292+27,29209590.13%+959
SKYWATER TECHNOLOGY INC034,536+34,53609470.13%+947
AMNEAL PHARMACEUTICALS INC(AMRX)068,400+68,40008500.11%+850
DICKS SPORTING GOODS INC(DKS)1,1005,348+4,2482181,0600.14%+843
CAESARS ENTERTAINMENT INC NE(CZR)029,500+29,50007800.10%+780
LAUDER ESTEE COS INC(EL)07,500+7,50005380.07%+538
PENN ENTERTAINMENT INC(PENN)035,000+35,00005260.07%+526
CALAVO GROWERS INC020,321+20,32105240.07%+524
NATHANS FAMOUS INC(NATH)04,994+4,99405030.07%+503
ON24 INC
COM
060,364+60,36404890.07%+489
BLUE FOUNDRY BANCORP
COM
035,658+35,65804720.06%+472
ECHOSTAR CORP(ECHO)04,000+4,00004680.06%+468
FLUSHING FINL CORP030,161+30,16104630.06%+463
UNITED AIRLS HLDGS INC(UAL)05,000+5,00004600.06%+460
CHART INDS INC188,325189,939+1,61438,83839,2705.24%+432
ALASKA AIR GROUP INC010,265+10,26503780.05%+378
PACIFIC BIOSCIENCES CALIF IN(PACB)0272,040+272,04003590.05%+359
VICTORY CAP HLDGS INC DEL(VCTR)05,120+5,12003350.04%+335
VIKING THERAPEUTICS INC(VKTX)010,280+10,28003350.04%+335
UNITED PARCEL SVCS INC(UPS)02,520+2,52002480.03%+248
PAYPAL HLDGS INC(PYPL)05,124+5,12402320.03%+232
KENVUE INC(KVUE)690,191700,600+10,40911,90612,0781.61%+173
BRIGHTHOUSE FINL INC(BHF)28,84133,490+4,6491,8692,0050.27%+137
PROASSURANCE CORP46,99251,103+4,1111,1351,2630.17%+128
CSG SYS INTL INC
NOTE
0005,9676,0910.81%+124
REDFIN CORP
NOTE
0004,2184,3040.57%+87
HERITAGE COMM CORP33,92437,992+4,0684074740.06%+67
BENTLEY SYS INC(BSY)0004,7124,7470.63%+35
DIAMOND HILL INVT GROUP INC
COM NEW
2,4822,522+404214340.06%+13
FIRST FNDTN INC
COM
65,91967,573+1,6544063990.05%-7
NORTHWESTERN ENERGY GROUP IN(NWE)14,30713,838-4699239120.12%-11
HALOZYME THERAPEUTICS INC(HALO)0003,2353,1110.41%-124
UDEMY INC135,922139,335+3,4137956440.09%-151
VARONIS SYS INC(VRNS)0002,7942,6150.35%-180
CANTALOUPE INC131,794107,867-23,9271,4001,1660.16%-234
RAPID7 INC(RPD)0005,1004,8630.65%-236
First Savings Financial Group8,7880-8,7882800—-280
TrueCar Inc173,6200-173,6203920—-392
City Office REIT Inc61,4980-61,4984300—-430
Soho House & Co Inc70,7560-70,7566340—-634
Olympic Steel Inc16,2930-16,2936970—-697
INTERNATIONAL MONEY EXPRESS(IMXI)88,47633,122-55,3541,3595230.07%-836
MidWestOne Financial Group Inc21,9800-21,9808460—-846
AXALTA COATING SYS LTD(AXTA)205,722206,902+1,1806,6475,7310.76%-916
GLADSTONE CAP CORP(GLAD)0001,9869680.13%-1,018
Denny's Corp213,4450-213,4451,3280—-1,328
EVOLENT HEALTH INC(EVH)0001,3460—-1,346
Essential Utilities Inc(WTRG)36,6460-36,6461,4060—-1,406
STAAR Surgical Co(STAA)67,8620-67,8621,5670—-1,567
REV Group Inc31,2610-31,2611,9010—-1,901
New Gold Inc226,8780-226,8781,9760—-1,976
TreeHouse Foods Inc99,4210-99,4212,3450—-2,345
ITRON INC(ITRI)0002,4730—-2,472
BLACKLINE INC(BL)0003,0340—-3,034
Dayforce Inc47,4530-47,4533,2820—-3,282
Eventbrite Inc987,6530-987,6534,3950—-4,395
CONFLUENT INC0004,8550—-4,855
Alexander & Baldwin Inc263,0120-263,0125,4290—-5,429
BOEING CO/THE80,0000-80,0005,5250—-5,525
Page 1 of 2
WATER ISLAND CAPITAL LLC — 13F Holdings — Q1 2026 | TickerTrail