Latest WATER ISLAND CAPITAL LLC Stock Portfolio
$943Million– No. of Holdings #53
WATER ISLAND CAPITAL LLC Performance:
2024 Q2: -1.25%YTD: 0.71%2023: -6.92%
Performance for 2024 Q2 is -1.25%, and YTD is 0.71%, and 2023 is -6.92%.
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 $943 Millions as of 30 Jun, 2024.
The top stock holdings of WATER ISLAND CAPITAL LLC are AMED, HES, AXNX. The fund has invested 6.8% of it's portfolio in AMEDISYS INC and 6.6% of portfolio in HESS CORP.
The fund managers got completely rid off PIONEER NAT RES CO (PXD), MASONITE INTL CORP (DOOR) and TRICON RESIDENTIAL INC stocks. They significantly reduced their stock positions in EVERBRIDGE INC (EVBG), CAPRI HOLDINGS LIMITED (CPRI) and STERLING CHECK CORP (STER). WATER ISLAND CAPITAL LLC opened new stock positions in HASHICORP INC (HCP), SQUARESPACE INC (SQSP) and CHAMPIONX CORPORATION (CHX). The fund showed a lot of confidence in some stocks as they added substantially to PACIFIC BIOSCIENCES CALIF IN (PACB), EQUITRANS MIDSTREAM CORP (ETRN) and VIZIO HLDG CORP (VZIO).
The top stock holdings of WATER ISLAND CAPITAL LLC are AMED, HES, AXNX. The fund has invested 6.8% of it's portfolio in AMEDISYS INC and 6.6% of portfolio in HESS CORP.
The fund managers got completely rid off PIONEER NAT RES CO (PXD), MASONITE INTL CORP (DOOR) and TRICON RESIDENTIAL INC stocks. They significantly reduced their stock positions in EVERBRIDGE INC (EVBG), CAPRI HOLDINGS LIMITED (CPRI) and STERLING CHECK CORP (STER). WATER ISLAND CAPITAL LLC opened new stock positions in HASHICORP INC (HCP), SQUARESPACE INC (SQSP) and CHAMPIONX CORPORATION (CHX). The fund showed a lot of confidence in some stocks as they added substantially to PACIFIC BIOSCIENCES CALIF IN (PACB), EQUITRANS MIDSTREAM CORP (ETRN) and VIZIO HLDG CORP (VZIO).
WATER ISLAND CAPITAL LLC Equity Portfolio Value
Last Reported on: 15 Aug, 2024
WATER ISLAND CAPITAL LLC Annual Return Estimates Vs S&P 500
Our best estimate is that WATER ISLAND CAPITAL LLC made a return of -1.25% in the last quarter. In trailing 12 months, it's portfolio return was 1.97%.
New Buys
| Ticker | $ Bought |
|---|---|
| hashicorp inc | 37,762,000 |
| squarespace inc | 37,107,000 |
| championx corporation | 35,384,000 |
| marathon oil corp | 33,273,000 |
| endeavor group hldgs inc | 28,497,000 |
| perficient inc | 22,813,000 |
| hibbett inc | 20,501,000 |
| stericycle inc | 17,550,000 |
New stocks bought by WATER ISLAND CAPITAL LLC
Additions
| Ticker | % Inc. |
|---|---|
| blackline inc | 260 |
| everbridge inc | 100 |
| pacific biosciences calif in | 91.15 |
| equitrans midstream corp | 85.01 |
| perficient inc | 72.73 |
| techtarget inc | 65.47 |
| vizio hldg corp | 10.98 |
| southwestern energy co | 5.79 |
Additions to existing portfolio by WATER ISLAND CAPITAL LLC
Reductions
| Ticker | % Reduced |
|---|---|
| everbridge inc | -97.43 |
| capri holdings limited | -95.68 |
| sterling check corp | -75.29 |
| silicon motion technology co | -62.07 |
| hawaiian holdings inc | -41.05 |
| consolidated comm hldgs inc | -17.26 |
| united states stl corp new | -15.68 |
| olink hldg ab | -12.2 |
WATER ISLAND CAPITAL LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| tricon residential inc | -36,348,000 |
| kaman corp | -3,033,000 |
| m d c hldgs inc | -35,353,000 |
| pioneer nat res co | -94,158,000 |
| masonite intl corp | -46,459,000 |
| carrols restaurant group inc | -1,048,000 |
| enerplus corp | -1,574,000 |
| hireright holdings corporati | -1,052,000 |
WATER ISLAND CAPITAL LLC got rid off the above stocks
Sector Distribution
WATER ISLAND CAPITAL LLC has about 26.3% of it's holdings in Technology sector.
| Sector | % |
|---|---|
| Technology | 26.3 |
| Healthcare | 20.5 |
| Energy | 18.9 |
| Industrials | 8.4 |
| Others | 8 |
| Consumer Defensive | 4.2 |
| Basic Materials | 3.8 |
| Consumer Cyclical | 3.7 |
| Communication Services | 3.2 |
| Utilities | 2.6 |
Market Cap. Distribution
WATER ISLAND CAPITAL LLC has about 26.3% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| MID-CAP | 51.4 |
| LARGE-CAP | 26.3 |
| SMALL-CAP | 12.4 |
| UNALLOCATED | 8 |
| MICRO-CAP | 2 |
Stocks belong to which Index?
About 67% of the stocks held by WATER ISLAND CAPITAL LLC either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| RUSSELL 2000 | 45 |
| Others | 33 |
| S&P 500 | 22 |
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 53 stocks in it's portfolio. About 45.4% of the portfolio is in top 10 stocks. CPRI proved to be the most loss making stock for the portfolio. SILK was the most profitable stock for WATER ISLAND CAPITAL LLC last quarter.
Last Reported on: 15 Aug, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAN | the aarons company inc | 1.03 | 973,039 | 9,711,000 | new | |||
| ACI | albertsons cos inc | 3.95 | 1,887,060 | 37,269,000 | reduced | -1.59 | ||
| AGR | avangrid inc | 0.13 | 33,890 | 1,204,000 | new | |||
| AGS | playags inc | 1.11 | 907,154 | 10,432,000 | new | |||
| ALE | allete inc | 1.23 | 185,776 | 11,583,000 | new | |||
| AMED | amedisys inc | 6.83 | 702,040 | 64,447,000 | reduced | -0.26 | ||
| AMK | assetmark finl hldgs inc | 0.08 | 21,880 | 756,000 | new | |||
| ANSS | ansys inc | 3.95 | 115,843 | 37,244,000 | reduced | -1.22 | ||
| APA | apa corporation | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| AXNX | axonics inc | 4.78 | 671,053 | 45,115,000 | reduced | -5.5 | ||
| BL | blackline inc | 1.14 | 11,071,000 | 10,740,000 | added | 260 | ||
| BMRN | biomarin pharmaceutical inc | 0.78 | 7,382,000 | 7,321,000 | new | |||
| BSY | bentley sys inc | 0.24 | 2,500,000 | 2,233,000 | new | |||
| CERE | cerevel therapeutics hldng i | 3.33 | 766,933 | 31,360,000 | reduced | -2.78 | ||
| CHX | championx corporation | 3.75 | 1,065,470 | 35,384,000 | new | |||
| CNSL | consolidated comm hldgs inc | 0.04 | 76,696 | 337,000 | reduced | -17.26 | ||
| CPRI | capri holdings limited | 0.13 | 35,923 | 1,188,000 | reduced | -95.68 | ||
| CTLT | catalent inc | 3.21 | 537,856 | 30,244,000 | reduced | -1.29 | ||
| DFS | discover finl svcs | 0.14 | 10,182 | 1,332,000 | reduced | -2.55 | ||
| DO | diamond offshore drilling in | 1.17 | 711,264 | 11,017,000 | new | |||