Q4 2024 · 13F-HR
WATER ISLAND CAPITAL LLCholdings as filed
Filed 2025-02-13 · accession 0001222765-25-000004
$925.7M
Reported value
78
Positions
2024-12-31
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 023436108 | AMED | AMEDISYS INC | $54.8M | 5.92% | 603,565 | Common | SOLE |
| 42809H107 | HES | HESS CORP | $54.5M | 5.89% | 409,761 | Common | SOLE |
| 487836108 | K | KELLANOVA | $52.2M | 5.64% | 645,072 | Common | SOLE |
| 418100103 | HCP2EUR | HASHICORP INC | $44.0M | 4.75% | 1,284,797 | Common | SOLE |
| 29260Y109 | 0C3 | ENDEAVOR GROUP HLDGS INC | $42.1M | 4.55% | 1,346,226 | Common | SOLE |
| 03662Q105 | AKX | ANSYS INC | $39.8M | 4.30% | 117,899 | Common | SOLE |
| 30034T103 | G2C | EVERI HLDGS INC | $39.5M | 4.27% | 2,924,921 | Common | SOLE |
| 013091103 | ACI | ALBERTSONS COS INC | $36.6M | 3.95% | 1,862,712 | Common | SOLE |
| 48203R104 | JNP | JUNIPER NETWORKS INC | $35.9M | 3.87% | 957,573 | Common | SOLE |
| 806857908 | — | SCHLUMBERGER LTD | $31.3M | 3.38% | 817,200 | CALL | SOLE |
| 83200N103 | SMARGBP | SMARTSHEET INC | $31.1M | 3.36% | 555,904 | Common | SOLE |
| 15872M104 | APY1EUR | CHAMPIONX CORPORATION | $30.4M | 3.28% | 1,116,624 | Common | SOLE |
| 35909D109 | FYBR | FRONTIER COMMUNICATIONS PARE | $26.4M | 2.85% | 760,304 | Common | SOLE |
| 98983V106 | ZUOUSD | ZUORA INC | $24.0M | 2.60% | 2,422,511 | Common | SOLE |
| 76131N101 | ROICUSD | RETAIL OPPORTUNITY INVTS COR | $22.8M | 2.46% | 1,311,468 | Common | SOLE |
| 912909108 | USX1 | UNITED STATES STL CORP NEW | $20.0M | 2.16% | 588,117 | Common | SOLE |
| 05368M106 | PPHMEUR | AVID BIOSERVICES INC | $19.7M | 2.13% | 1,596,339 | Common | SOLE |
| 86614U100 | 7SU | SUMMIT MATLS INC | $19.5M | 2.10% | 384,888 | Common | SOLE |
| 580589109 | MGRC | MCGRATH RENTCORP | $19.0M | 2.06% | 170,210 | Common | SOLE |
| 92556H206 | 0VVB | PARAMOUNT GLOBAL | $15.8M | 1.71% | 1,511,267 | Common | SOLE |
| 021369103 | ALTREUR | ALTAIR ENGR INC | $15.8M | 1.70% | 144,509 | Common | SOLE |
| 78462F903 | — | SPDR S&P 500 ETF TR | $14.7M | 1.58% | 25,000 | CALL | SOLE |
| G3075P101 | ESGRUSD | ENSTAR GROUP LIMITED | $14.3M | 1.54% | 44,327 | Common | SOLE |
| G0508H110 | ALTMEUR | ARCADIUM LITHIUM PLC | $14.2M | 1.54% | 2,772,693 | Common | SOLE |
| 87874RAD2 | TTGT 0 12/15/26 | TECHTARGET INC | $14.1M | 1.53% | 14,205,000 | Common | SOLE |
| 577096100 | MTTR* | MATTERPORT INC | $12.7M | 1.37% | 2,683,458 | Common | SOLE |
| 08579W103 | BERYEUR | BERRY GLOBAL GROUP INC | $11.4M | 1.23% | 176,474 | Common | SOLE |
| 067806109 | BUSD | BARNES GROUP INC | $10.8M | 1.17% | 229,306 | Common | SOLE |
| 655664950 | — | NORDSTROM INC | $9.2M | 0.99% | 379,000 | PUT | SOLE |
| 655664100 | JWNUSD | NORDSTROM INC | $9.2M | 0.99% | 379,000 | Common | SOLE |
| G0250X907 | — | AMCOR PLC | $8.9M | 0.96% | 942,500 | CALL | SOLE |
| 252131AK3 | DXCM 0.25 11/15/25 | DEXCOM INC | $7.9M | 0.86% | 8,500,000 | Common | SOLE |
| 703395103 | PDCOEUR | PATTERSON COS INC | $7.3M | 0.79% | 235,572 | Common | SOLE |
| 761330909 | — | REVANCE THERAPEUTICS INC | $7.1M | 0.77% | 2,334,200 | CALL | SOLE |
| 460690100 | IPG | INTERPUBLIC GROUP COS INC | $7.0M | 0.75% | 249,257 | Common | SOLE |
| 227483104 | CCRN | CROSS CTRY HEALTHCARE INC | $6.7M | 0.72% | 368,095 | Common | SOLE |
| 681919906 | — | OMNICOM GROUP INC | $6.6M | 0.72% | 77,000 | CALL | SOLE |
| 22160N909 | — | COSTAR GROUP INC | $5.8M | 0.62% | 80,700 | CALL | SOLE |
| 90353TAJ9 | UBER 0 12/15/25 | UBER TECHNOLOGIES INC | $5.0M | 0.54% | 5,000,000 | Common | SOLE |
| 00922RAD7 | — | AIR TRANS SVCS GROUP INC | $5.0M | 0.54% | 5,000,000 | Common | SOLE |
| 097023204 | BA 6 10/15/27 | BOEING CO | $4.9M | 0.53% | 80,000 | Common | SOLE |
| 08265TAD1 | BSY 0.375 07/01/27 | BENTLEY SYS INC | $4.5M | 0.49% | 5,000,000 | Common | SOLE |
| 25402DAB8 | DOCN 0 12/01/26 | DIGITALOCEAN HLDGS INC | $4.4M | 0.48% | 5,000,000 | Common | SOLE |
| 45784PAK7 | PODD 0.375 09/01/26 | INSULET CORP | $4.4M | 0.48% | 3,500,000 | Common | SOLE |
| G27358903 | — | DESPEGAR COM CORP | $4.2M | 0.45% | 217,900 | CALL | SOLE |
| 29336T100 | 0E41 | ENLINK MIDSTREAM LLC | $3.9M | 0.42% | 272,659 | Common | SOLE |
| 84921RAB6 | SPOT 0 03/15/26 | SPOTIFY USA INC | $3.7M | 0.40% | 3,500,000 | Common | SOLE |
| 76680RAF4 | RNG 0 03/01/25 | RINGCENTRAL INC | $3.1M | 0.33% | 3,105,000 | Common | SOLE |
| 09239BAD1 | BL 0 03/15/26 | BLACKLINE INC | $2.9M | 0.31% | 3,071,000 | Common | SOLE |
| 40637HAD1 | HALO 0.25 03/01/27 | HALOZYME THERAPEUTICS INC | $2.9M | 0.31% | 3,000,000 | Common | SOLE |
| 92343XAC4 | VRNT 0.25 04/15/26 | VERINT SYSTEMS INC | $2.8M | 0.30% | 3,000,000 | Common | SOLE |
| 530307305 | LBRDK | LIBERTY BROADBAND CORP | $2.8M | 0.30% | 37,309 | Common | SOLE |
| 03940R107 | ARCH1USD | ARCH RESOURCES INC | $2.6M | 0.28% | 18,173 | Common | SOLE |
| 753422AF1 | RPD 0.25 03/15/27 | RAPID7 INC | $2.3M | 0.25% | 2,500,000 | Common | SOLE |
| 761330109 | RVNCEUR | REVANCE THERAPEUTICS INC | $2.2M | 0.24% | 722,234 | Common | SOLE |
| 018522300 | AEBA | ALLETE INC | $1.8M | 0.20% | 28,162 | Common | SOLE |
| 097023955 | — | BOEING CO | $1.8M | 0.19% | 10,000 | PUT | SOLE |
| 42234Q102 | HTLFEUR | HEARTLAND FINL USA INC | $1.7M | 0.19% | 27,940 | Common | SOLE |
| 97717PAD6 | WT 3.25 06/15/26 | WISDOMTREE INC | $1.7M | 0.18% | 1,500,000 | Common | SOLE |
| 254709108 | DFSEUR | DISCOVER FINL SVCS | $1.5M | 0.16% | 8,558 | Common | SOLE |
| 318916103 | FBMSUSD | FIRST BANCSHARES INC MISS | $1.2M | 0.13% | 34,345 | Common | SOLE |
| 45384B106 | IBTXUSD | INDEPENDENT BANK GROUP INC | $1.2M | 0.13% | 19,464 | Common | SOLE |
| 913837100 | — | UNIVERSAL STAINLESS & ALLOY | $1.1M | 0.12% | 26,054 | Common | SOLE |
| 25402D902 | — | DIGITALOCEAN HLDGS INC | $1.1M | 0.12% | 33,000 | CALL | SOLE |
| 69526K105 | PTVEUSD | PACTIV EVERGREEN INC | $1.1M | 0.12% | 60,965 | Common | SOLE |
| 72814N104 | AGS | PLAYAGS INC | $1.0M | 0.11% | 90,244 | Common | SOLE |
| 252131907 | — | DEXCOM INC | $972,125 | 0.11% | 12,500 | CALL | SOLE |
| 11373M107 | BB3 | BROOKLINE BANCORP INC DEL | $714,927 | 0.08% | 60,587 | Common | SOLE |
| 912909958 | — | UNITED STATES STL CORP NEW | $601,623 | 0.06% | 17,700 | PUT | SOLE |
| 05875B304 | BALY | BALLYS CORPORATION | $579,136 | 0.06% | 32,372 | Common | SOLE |
| 071705907 | — | BAUSCH PLUS LOMB CORP | $563,472 | 0.06% | 31,200 | CALL | SOLE |
| 457679108 | — | INNOVID CORP | $523,465 | 0.06% | 169,406 | Common | SOLE |
| 22766M109 | — | CROSSFIRST BANKSHARES INC | $461,136 | 0.05% | 30,438 | Common | SOLE |
| 86881A900 | — | SURGERY PARTNERS INC | $444,570 | 0.05% | 21,000 | CALL | SOLE |
| 10921T101 | BCOVUSD | BRIGHTCOVE INC | $376,275 | 0.04% | 86,500 | Common | SOLE |
| 81374A105 | 07S | SECUREWORKS CORP | $298,553 | 0.03% | 35,290 | Common | SOLE |
| 848574109 | S9Q | SPIRIT AEROSYSTEMS HLDGS INC | $268,789 | 0.03% | 7,887 | Common | SOLE |
| 98421M906 | — | XEROX HOLDINGS CORP | $168,600 | 0.02% | 20,000 | CALL | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.