Q1 2025 · 13F-HR
WATER ISLAND CAPITAL LLCholdings as filed
Filed 2025-05-15 · accession 0001222765-25-000008
$764.1M
Reported value
84
Positions
2025-03-31
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 023436108 | AMED | AMEDISYS INC | $51.7M | 6.77% | 558,414 | Common | SOLE |
| 166764900 | — | CHEVRON CORP NEW | $46.9M | 6.14% | 280,300 | CALL | SOLE |
| 42809H107 | HES | HESS CORP | $41.4M | 5.41% | 258,907 | Common | SOLE |
| 404030108 | HEESEUR | H & E EQUIPMENT SERVICES INC | $40.9M | 5.35% | 431,648 | Common | SOLE |
| 487836108 | K | KELLANOVA | $40.5M | 5.30% | 491,241 | Common | SOLE |
| 30034T103 | G2C | EVERI HLDGS INC | $34.2M | 4.47% | 2,499,273 | Common | SOLE |
| 073685109 | BECNUSD | BEACON ROOFING SUPPLY INC | $33.5M | 4.38% | 270,509 | Common | SOLE |
| 03662Q105 | AKX | ANSYS INC | $32.8M | 4.29% | 103,480 | Common | SOLE |
| 48203R104 | JNP | JUNIPER NETWORKS INC | $31.6M | 4.13% | 871,961 | Common | SOLE |
| 912909908 | — | UNITED STATES STL CORP NEW | $22.5M | 2.94% | 531,400 | CALL | SOLE |
| 404030958 | — | H & E EQUIPMENT SERVICES INC | $21.9M | 2.87% | 231,400 | PUT | SOLE |
| N70544106 | PL0 | PLAYA HOTELS & RESORTS NV | $21.1M | 2.76% | 1,584,486 | Common | SOLE |
| G3075P101 | ESGRUSD | ENSTAR GROUP LIMITED | $19.2M | 2.51% | 57,615 | Common | SOLE |
| 70435P102 | — | PAYCOR HCM INC | $16.9M | 2.22% | 754,606 | Common | SOLE |
| 896818101 | TG7 | TRIUMPH GROUP INC NEW | $15.9M | 2.09% | 628,941 | Common | SOLE |
| 78462F903 | — | SPDR S&P 500 ETF TR | $14.0M | 1.83% | 25,000 | CALL | SOLE |
| 26484T106 | DNB | DUN & BRADSTREET HLDGS INC | $12.8M | 1.68% | 1,436,923 | Common | SOLE |
| 655664100 | JWNUSD | NORDSTROM INC | $12.6M | 1.65% | 514,943 | Common | SOLE |
| 92556H206 | 0VVB | PARAMOUNT GLOBAL | $12.6M | 1.64% | 1,050,499 | Common | SOLE |
| 46116X951 | — | INTRA-CELLULAR THERAPIES INC | $11.6M | 1.52% | 87,900 | PUT | SOLE |
| 580589109 | MGRC | MCGRATH RENTCORP | $11.0M | 1.45% | 99,180 | Common | SOLE |
| 74267C106 | PRA | PROASSURANCE CORP | $10.3M | 1.35% | 442,346 | Common | SOLE |
| 655664950 | — | NORDSTROM INC | $9.9M | 1.30% | 405,600 | PUT | SOLE |
| 931427908 | — | WALGREENS BOOTS ALLIANCE INC | $9.2M | 1.20% | 820,000 | CALL | SOLE |
| 931427958 | — | WALGREENS BOOTS ALLIANCE INC | $9.2M | 1.20% | 820,000 | PUT | SOLE |
| G0250X907 | — | AMCOR PLC | $9.1M | 1.20% | 942,500 | CALL | SOLE |
| 16934W106 | CMRXEUR | CHIMERIX INC | $9.1M | 1.19% | 1,069,051 | Common | SOLE |
| 77311W901 | — | ROCKET COS INC | $8.1M | 1.06% | 672,500 | CALL | SOLE |
| 75737F108 | RDFN | REDFIN CORP | $7.8M | 1.02% | 848,500 | Common | SOLE |
| 703395103 | PDCOEUR | PATTERSON COS INC | $6.9M | 0.91% | 221,575 | Common | SOLE |
| 681919906 | — | OMNICOM GROUP INC | $6.4M | 0.83% | 76,700 | CALL | SOLE |
| 46116X101 | ITCIEUR | INTRA-CELLULAR THERAPIES INC | $6.0M | 0.78% | 45,308 | Common | SOLE |
| G27358903 | — | DESPEGAR COM CORP | $5.6M | 0.74% | 299,300 | CALL | SOLE |
| 90353TAJ9 | UBER 0 12/15/25 | UBER TECHNOLOGIES INC | $5.3M | 0.69% | 5,000,000 | Common | SOLE |
| 00922RAD7 | — | AIR TRANS SVCS GROUP INC | $5.0M | 0.66% | 5,000,000 | Common | SOLE |
| 10806B100 | 53S | BRIDGE INVT GROUP HLDGS INC | $4.9M | 0.64% | 509,286 | Common | SOLE |
| 097023204 | BA 6 10/15/27 | BOEING CO | $4.8M | 0.63% | 80,000 | Common | SOLE |
| 292812104 | — | ENFUSION INC | $4.7M | 0.62% | 424,031 | Common | SOLE |
| 69913P105 | FNAUSD | PARAGON 28 INC | $4.7M | 0.61% | 358,000 | Common | SOLE |
| 08265TAD1 | BSY 0.375 07/01/27 | BENTLEY SYS INC | $4.5M | 0.59% | 5,000,000 | Common | SOLE |
| 45784PAK7 | PODD 0.375 09/01/26 | INSULET CORP | $4.4M | 0.58% | 3,500,000 | Common | SOLE |
| 08579W103 | BERYEUR | BERRY GLOBAL GROUP INC | $4.3M | 0.56% | 61,220 | Common | SOLE |
| 84921RAB6 | SPOT 0 03/15/26 | SPOTIFY USA INC | $4.2M | 0.55% | 3,500,000 | Common | SOLE |
| 464288953 | — | ISHARES TR | $3.9M | 0.52% | 50,000 | PUT | SOLE |
| 35909D109 | FYBR | FRONTIER COMMUNICATIONS PARE | $3.8M | 0.50% | 106,118 | Common | SOLE |
| 83417Q204 | 0OIA | SOLARWINDS CORP | $3.5M | 0.46% | 191,572 | Common | SOLE |
| 42704L904 | — | HERC HLDGS INC | $3.5M | 0.45% | 25,800 | CALL | SOLE |
| 931427108 | WFC | WALGREENS BOOTS ALLIANCE INC | $3.4M | 0.44% | 302,120 | Common | SOLE |
| 227483104 | CCRN | CROSS CTRY HEALTHCARE INC | $3.4M | 0.44% | 226,287 | Common | SOLE |
| 530307305 | LBRDK | LIBERTY BROADBAND CORP | $3.2M | 0.42% | 37,634 | Common | SOLE |
| 40637HAD1 | HALO 0.25 03/01/27 | HALOZYME THERAPEUTICS INC | $3.2M | 0.42% | 3,000,000 | Common | SOLE |
| 252131AM9 | DXCM 0.375 05/15/28 | DEXCOM INC | $3.1M | 0.41% | 3,500,000 | Common | SOLE |
| 75737FAE8 | RDFN 0.5 04/01/27 | REDFIN CORP | $3.1M | 0.40% | 3,500,000 | Common | SOLE |
| 09239BAD1 | BL 0 03/15/26 | BLACKLINE INC | $2.9M | 0.38% | 3,071,000 | Common | SOLE |
| 92343XAC4 | VRNT 0.25 04/15/26 | VERINT SYSTEMS INC | $2.8M | 0.37% | 3,000,000 | Common | SOLE |
| 00922R105 | ATSG* | AIR TRANSPORT SERVICES GRP I | $2.5M | 0.32% | 110,519 | Common | SOLE |
| 018522300 | AEBA | ALLETE INC | $2.4M | 0.31% | 36,155 | Common | SOLE |
| 753422AF1 | RPD 0.25 03/15/27 | RAPID7 INC | $2.3M | 0.30% | 2,500,000 | Common | SOLE |
| 69526K105 | PTVEUSD | PACTIV EVERGREEN INC | $2.3M | 0.30% | 126,790 | Common | SOLE |
| 912909108 | USX1 | UNITED STATES STL CORP NEW | $2.3M | 0.30% | 53,989 | Common | SOLE |
| 92556H956 | — | PARAMOUNT GLOBAL | $2.2M | 0.29% | 185,200 | PUT | SOLE |
| 70435P952 | — | PAYCOR HCM INC | $1.8M | 0.24% | 80,900 | PUT | SOLE |
| 97717PAD6 | WT 3.25 06/15/26 | WISDOMTREE INC | $1.6M | 0.20% | 1,500,000 | Common | SOLE |
| 35953DAB0 | FUBO 3.25 02/15/26 | FUBOTV INC | $1.5M | 0.20% | 1,591,000 | Common | SOLE |
| 00437EAB8 | — | ACCOLADE INC | $1.5M | 0.20% | 1,550,000 | Common | SOLE |
| 00437E102 | ACCDUSD | ACCOLADE INC | $1.4M | 0.18% | 195,155 | Common | SOLE |
| 02217A102 | AMPSUSD | ALTUS POWER INC | $1.4M | 0.18% | 275,084 | Common | SOLE |
| 806882106 | SCHN1EUR | RADIUS RECYCLING INC | $1.4M | 0.18% | 46,751 | Common | SOLE |
| 72814N104 | AGS | PLAYAGS INC | $1.2M | 0.16% | 98,269 | Common | SOLE |
| 848574109 | S9Q | SPIRIT AEROSYSTEMS HLDGS INC | $1.1M | 0.14% | 31,957 | Common | SOLE |
| 460690100 | IPG | INTERPUBLIC GROUP COS INC | $863,009 | 0.11% | 31,775 | Common | SOLE |
| 185123956 | — | CLEARWATER ANALYTICS HLDGS I | $852,240 | 0.11% | 31,800 | PUT | SOLE |
| 029683109 | AMSWAUSD | LOGILITY SUPPLY CHAIN SOLUTI | $770,011 | 0.10% | 53,998 | Common | SOLE |
| 318916103 | FBMSUSD | FIRST BANCSHARES INC MISS | $724,684 | 0.09% | 21,434 | Common | SOLE |
| 64157F103 | NVROEUR | NEVRO CORP | $681,651 | 0.09% | 116,721 | Common | SOLE |
| H33700107 | — | GLOBAL BLUE GROUP HOLDING AG | $643,713 | 0.08% | 87,461 | Common | SOLE |
| 11373M107 | BB3 | BROOKLINE BANCORP INC DEL | $584,840 | 0.08% | 53,655 | Common | SOLE |
| 77311W101 | RKT | ROCKET COS INC | $559,650 | 0.07% | 46,367 | Common | SOLE |
| 868873100 | SU6 | SURMODICS INC | $553,570 | 0.07% | 18,132 | Common | SOLE |
| 901384107 | TSVT* | 2SEVENTY BIO INC | $513,790 | 0.07% | 104,006 | Common | SOLE |
| 15872M104 | APY1EUR | CHAMPIONX CORPORATION | $321,840 | 0.04% | 10,800 | Common | SOLE |
| 071705907 | — | BAUSCH PLUS LOMB CORP | $240,700 | 0.03% | 16,600 | CALL | SOLE |
| 86881A900 | — | SURGERY PARTNERS INC | $237,500 | 0.03% | 10,000 | CALL | SOLE |
| 98421M906 | — | XEROX HOLDINGS CORP | $96,600 | 0.01% | 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.