Latest WATER ISLAND CAPITAL LLC Stock Portfolio
WATER ISLAND CAPITAL LLC Performance:
2025 Q3: 0.3%YTD: 4.12%2024: -3.91%
Performance for 2025 Q3 is 0.3%, and YTD is 4.12%, and 2024 is -3.91%.
About WATER ISLAND CAPITAL LLC and 13F Hedge Fund Stock Holdings
WATER ISLAND CAPITAL LLC is a hedge fund based in NEW YORK, NY. On 30-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $2.3 Billions. In it's latest 13F Holdings report, WATER ISLAND CAPITAL LLC reported an equity portfolio of $793.3 Millions as of 30 Sep, 2025.
The top stock holdings of WATER ISLAND CAPITAL LLC are , NSC, VRNA. The fund has invested 5.2% of it's portfolio in CYBERARK SOFTWARE LTD and 4.8% of portfolio in NORFOLK SOUTHN CORP.
The fund managers got completely rid off AMEDISYS INC (AMED), ANSYS INC (ANSS) and JUNIPER NETWORKS INC (JNPR) stocks. They significantly reduced their stock positions in CANTALOUPE INC (CTLP), PROASSURANCE CORP (PRA) and CROSS CTRY HEALTHCARE INC (CCRN). WATER ISLAND CAPITAL LLC opened new stock positions in CYBERARK SOFTWARE LTD, NORFOLK SOUTHN CORP (NSC) and VERONA PHARMA PLC (VRNA). The fund showed a lot of confidence in some stocks as they added substantially to PROVIDENT BANCORP INC (PVBC), TXNM ENERGY INC (PNM) and MAC COPPER LIMITED.
The top stock holdings of WATER ISLAND CAPITAL LLC are , NSC, VRNA. The fund has invested 5.2% of it's portfolio in CYBERARK SOFTWARE LTD and 4.8% of portfolio in NORFOLK SOUTHN CORP.
The fund managers got completely rid off AMEDISYS INC (AMED), ANSYS INC (ANSS) and JUNIPER NETWORKS INC (JNPR) stocks. They significantly reduced their stock positions in CANTALOUPE INC (CTLP), PROASSURANCE CORP (PRA) and CROSS CTRY HEALTHCARE INC (CCRN). WATER ISLAND CAPITAL LLC opened new stock positions in CYBERARK SOFTWARE LTD, NORFOLK SOUTHN CORP (NSC) and VERONA PHARMA PLC (VRNA). The fund showed a lot of confidence in some stocks as they added substantially to PROVIDENT BANCORP INC (PVBC), TXNM ENERGY INC (PNM) and MAC COPPER LIMITED.
WATER ISLAND CAPITAL LLC Annual Return Estimates Vs S&P 500
Our best estimate is that WATER ISLAND CAPITAL LLC made a return of 0.3% in the last quarter. In trailing 12 months, it's portfolio return was 4.11%.
New Buys
| Ticker | $ Bought |
|---|---|
| cyberark software ltd | 41,453,800 |
| norfolk southn corp | 37,791,300 |
| verona pharma plc | 30,965,300 |
| veritex hldgs inc | 27,350,400 |
| chart inds inc | 25,453,300 |
| tegna inc | 24,873,900 |
| verint sys inc | 24,360,100 |
| potbelly corp | 23,031,100 |
New stocks bought by WATER ISLAND CAPITAL LLC
Additions
| Ticker | % Inc. |
|---|---|
| provident bancorp inc | 116 |
| txnm energy inc | 71.65 |
| mac copper limited | 54.88 |
| avidxchange holdings inc | 46.99 |
| informatica inc | 42.59 |
| harborone bancorp inc new | 13.94 |
| mcgrath rentcorp | 0.14 |
Additions to existing portfolio by WATER ISLAND CAPITAL LLC
Reductions
| Ticker | % Reduced |
|---|---|
| cantaloupe inc | -82.97 |
| proassurance corp | -61.55 |
| cross ctry healthcare inc | -27.71 |
| curevac n v | -20.36 |
| interpublic group cos inc | -7.7 |
WATER ISLAND CAPITAL LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| e2open parent holdings inc | -10,290,600 |
| dun & bradstreet hldgs inc | -28,612,900 |
| wisdomtree inc | -1,660,280 |
| juniper networks inc | -37,093,400 |
| foot locker inc | -19,047,200 |
| springworks therapeutics inc | -33,058,600 |
| walgreens boots alliance inc | -6,809,890 |
| paramount global | -7,315,870 |
WATER ISLAND CAPITAL LLC got rid off the above stocks
Sector Distribution
WATER ISLAND CAPITAL LLC has about 22.2% of it's holdings in Others sector.
| Sector | % |
|---|---|
| Others | 22.2 |
| Technology | 21.6 |
| Industrials | 15.7 |
| Healthcare | 10.4 |
| Communication Services | 9.8 |
| Financial Services | 8.3 |
| Consumer Cyclical | 6.1 |
| Utilities | 3.9 |
| Real Estate | 1.8 |
Market Cap. Distribution
WATER ISLAND CAPITAL LLC has about 9.7% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| MID-CAP | 37.2 |
| SMALL-CAP | 27.1 |
| UNALLOCATED | 22.2 |
| LARGE-CAP | 9.7 |
| MICRO-CAP | 3.9 |
Stocks belong to which Index?
About 59.8% of the stocks held by WATER ISLAND CAPITAL LLC either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| RUSSELL 2000 | 48.1 |
| Others | 40.2 |
| S&P 500 | 11.7 |
WATER ISLAND CAPITAL LLC Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of WATER ISLAND CAPITAL LLC
WATER ISLAND CAPITAL LLC has 58 stocks in it's portfolio. About 37.2% of the portfolio is in top 10 stocks. CTLP proved to be the most loss making stock for the portfolio. PRA was the most profitable stock for WATER ISLAND CAPITAL LLC last quarter.
Last Reported on: 14 Nov, 2025| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AKAM | akamai technologies inc | 0.54 | 4,500,000 | 4,305,610 | unchanged | 0.00 | ||
| AL | air lease corp | 2.41 | 300,677 | 19,138,100 | new | |||
| AMED | amedisys inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| AMWD | american woodmark corporatio | 0.15 | 18,336 | 1,224,110 | new | |||
| ANSS | ansys inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| AURA | aura biosciences inc | 0.01 | 10,372 | 64,099 | new | |||
| AVDX | avidxchange holdings inc | 3.62 | 2,882,870 | 28,684,500 | added | 46.99 | ||
| BA | boeing co | 0.70 | 80,000 | 5,565,600 | unchanged | 0.00 | ||
| BASE | couchbase inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| BL | blackline inc | 0.38 | 3,071,000 | 2,991,150 | unchanged | 0.00 | ||
| BPMC | blueprint medicines corp | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| BRDG | bridge invt group hldgs inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| BRKL | brookline bancorp inc del | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| BRY | berry corp | 0.07 | 142,979 | 540,461 | new | |||
| BSY | bentley sys inc | 0.59 | 5,000,000 | 4,712,140 | unchanged | 0.00 | ||
| CCRD | corecard corporation | 0.06 | 16,595 | 446,737 | new | |||
| CCRN | cross ctry healthcare inc | 0.08 | 42,897 | 609,137 | reduced | -27.71 | ||
| CDAY | dayforce inc | 1.59 | 183,721 | 12,656,500 | new | |||
| CIO | city office reit inc | 0.05 | 54,317 | 378,046 | new | |||
| CTLP | cantaloupe inc | 0.21 | 160,907 | 1,700,790 | reduced | -82.97 | ||