WATER ISLAND CAPITAL LLC Hedge Fund

Location: New York, NY

CIK: 0001222765 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Nov 14, 2025

Total Value: $793M (93.5% shares, 6.5% debt)

Holdings (84)

CYBERARK SOFTWARE LTD 5.2%
Value $41.45M Shares 85,799 Est. Cost $483.15 Unrealized
NSC NORFOLK SOUTHN CORP 4.8%
Value $37.79M Shares 125,799 Est. Cost $276.03 Unrealized 0.0%
VERONA PHARMA PLC 3.9%
Value $30.97M Shares 290,182 Est. Cost $106.71 Unrealized
AVIDXCHANGE HOLDINGS INC 3.6%
Value $28.68M Shares 2,882,867 Est. Cost $9.84 Unrealized
INFORMATICA INC 3.6%
Value $28.56M Shares 1,149,598 Est. Cost $24.50 Unrealized
VERITEX HLDGS INC 3.4%
Value $27.35M Shares 815,698 Est. Cost $33.53 Unrealized
TXNM TXNM ENERGY INC 3.2%
Value $25.48M Shares 450,660 Est. Cost $55.41 Unrealized +2.4%
GTLS CHART INDS INC 3.2%
Value $25.45M Shares 127,171 Est. Cost $190.05 Unrealized 0.0%
TGNA TEGNA INC 3.1%
Value $24.87M Shares 1,223,508 Est. Cost $19.06 Unrealized 0.0%
VERINT SYS INC 3.1%
Value $24.36M Shares 1,202,967 Est. Cost $20.25 Unrealized
POTBELLY CORP 2.9%
Value $23.03M Shares 1,351,588 Est. Cost $17.04 Unrealized
ASPEN INSURANCE HOLDINGS LTD 2.9%
Value $22.77M Shares 620,249 Est. Cost $32.87 Unrealized 0.0%
WNS HLDGS LTD 2.8%
Value $22.58M Shares 296,042 Est. Cost $76.27 Unrealized
SYNOVUS FINL CORP 2.6%
Value $20.69M Shares 421,500 Est. Cost $49.08 Unrealized
SYNOVUS FINL CORP 2.6%
Value $20.69M Shares 421,500 Est. Cost Unrealized
AL AIR LEASE CORP 2.4%
Value $19.14M Shares 300,677 Est. Cost $59.40 Unrealized 0.0%
CORE SCIENTIFIC INC NEW 2.4%
Value $18.69M Shares 1,042,000 Est. Cost Unrealized
MERIDIANLINK INC 2.3%
Value $18.54M Shares 930,234 Est. Cost $19.93 Unrealized
SAPIENS INTL CORP N V 2.3%
Value $18.12M Shares 421,434 Est. Cost $43.00 Unrealized
EA ELECTRONIC ARTS INC 2.3%
Value $17.87M Shares 88,590 Est. Cost $165.25 Unrealized 0.0%
STAA STAAR SURGICAL CO 2.2%
Value $17.69M Shares 658,317 Est. Cost $23.84 Unrealized 0.0%
HANESBRANDS INC 1.9%
Value $14.92M Shares 2,264,676 Est. Cost $6.59 Unrealized
CORZ CORE SCIENTIFIC INC NEW 1.8%
Value $14.09M Shares 785,446 Est. Cost $14.67 Unrealized 0.0%
DAYFORCE INC 1.6%
Value $12.66M Shares 183,721 Est. Cost $62.23 Unrealized 0.0%
VIMEO INC 1.5%
Value $12.06M Shares 1,555,942 Est. Cost $7.75 Unrealized
MGRC MCGRATH RENTCORP 1.5%
Value $11.65M Shares 99,363 Est. Cost $120.89 Unrealized -0.2%
PROS HOLDINGS INC 1.4%
Value $11.28M Shares 492,502 Est. Cost $22.91 Unrealized
INTEGRAL AD SCIENCE HLDNG CO 1.4%
Value $10.89M Shares 1,071,160 Est. Cost $10.17 Unrealized
TECK TECK RESOURCES LTD 1.2%
Value $9.213M Shares 209,900 Est. Cost $36.34 Unrealized 0.0%
TECK RESOURCES LTD 1.2%
Value $9.199M Shares 209,600 Est. Cost Unrealized
Merus NV 1.1%
Value $9.038M Shares 96,000 Est. Cost Unrealized
MERUS N V 1.1%
Value $9.038M Shares 96,000 Est. Cost $94.15 Unrealized
VERONA PHARMA PLC 1.1%
Value $8.974M Shares 84,100 Est. Cost Unrealized
KELLANOVA 1.1%
Value $8.924M Shares 108,800 Est. Cost Unrealized
WIDEOPENWEST INC 1.0%
Value $8.04M Shares 1,558,174 Est. Cost $5.16 Unrealized
PREMIER INC 1.0%
Value $7.74M Shares 278,420 Est. Cost $27.80 Unrealized
89BIO INC 0.9%
Value $7.254M Shares 493,500 Est. Cost Unrealized
SPOTIFY USA INC 0.9%
Value $6.832M Shares 5,000,000 Est. Cost $1.05 Unrealized
PARAMOUNT GROUP INC 0.8%
Value $6.271M Shares 958,918 Est. Cost $6.54 Unrealized
UBER TECHNOLOGIES INC 0.8%
Value $6.09M Shares 5,000,000 Est. Cost $1.01 Unrealized
BOEING CO 0.7%
Value $5.566M Shares 80,000 Est. Cost $60.89 Unrealized
COMPASS INC 0.7%
Value $5.264M Shares 655,600 Est. Cost Unrealized
PRA PROASSURANCE CORP 0.6%
Value $5.049M Shares 210,461 Est. Cost $17.52 Unrealized +35.9%
ANYWHERE REAL ESTATE INC 0.6%
Value $4.835M Shares 456,600 Est. Cost $10.59 Unrealized
ANYWHERE REAL ESTATE INC 0.6%
Value $4.835M Shares 456,600 Est. Cost Unrealized
BENTLEY SYS INC 0.6%
Value $4.712M Shares 5,000,000 Est. Cost $0.91 Unrealized
AKAMAI TECHNOLOGIES INC 0.5%
Value $4.306M Shares 4,500,000 Est. Cost $0.97 Unrealized
REDFIN CORP 0.5%
Value $4.167M Shares 4,500,000 Est. Cost $0.88 Unrealized
CUREVAC N V 0.5%
Value $4.108M Shares 762,138 Est. Cost $5.43 Unrealized
TXNM ENERGY INC 0.5%
Value $3.97M Shares 3,000,000 Est. Cost $1.30 Unrealized
HALOZYME THERAPEUTICS INC 0.4%
Value $3.432M Shares 3,000,000 Est. Cost $0.95 Unrealized
DEXCOM INC 0.4%
Value $3.195M Shares 3,500,000 Est. Cost $0.89 Unrealized
BLACKLINE INC 0.4%
Value $2.991M Shares 3,071,000 Est. Cost $0.94 Unrealized
VERINT SYSTEMS INC 0.4%
Value $2.936M Shares 3,000,000 Est. Cost $0.88 Unrealized
SANDSTORM GOLD LTD 0.3%
Value $2.682M Shares 214,205 Est. Cost $12.52 Unrealized
TOURMALINE BIO INC 0.3%
Value $2.438M Shares 50,968 Est. Cost $47.83 Unrealized
RAPID7 INC 0.3%
Value $2.336M Shares 2,500,000 Est. Cost $0.91 Unrealized
LBRDK LIBERTY BROADBAND CORP 0.3%
Value $2.275M Shares 35,810 Est. Cost $69.01 Unrealized 0.0%
GLADSTONE CAP CORP 0.3%
Value $1.984M Shares 2,000,000 Est. Cost $0.99 Unrealized
INTERPUBLIC GROUP COS INC 0.2%
Value $1.761M Shares 63,104 Est. Cost $25.99 Unrealized -1.5%
CTLP CANTALOUPE INC 0.2%
Value $1.701M Shares 160,907 Est. Cost $8.65 Unrealized +26.1%
STEELCASE INC 0.2%
Value $1.632M Shares 94,905 Est. Cost $17.20 Unrealized
EVOLENT HEALTH INC 0.2%
Value $1.624M Shares 2,000,000 Est. Cost $0.81 Unrealized
FUBOTV INC 0.2%
Value $1.578M Shares 1,591,000 Est. Cost $0.97 Unrealized
ZIMVIE INC 0.2%
Value $1.37M Shares 72,353 Est. Cost $18.94 Unrealized
MAC COPPER LIMITED 0.2%
Value $1.261M Shares 103,254 Est. Cost $12.13 Unrealized
LIVE NATION ENTERTAINMENT IN 0.2%
Value $1.226M Shares 7,500 Est. Cost Unrealized
AMWD AMERICAN WOODMARK CORPORATIO 0.2%
Value $1.224M Shares 18,336 Est. Cost $61.36 Unrealized 0.0%
IMXI INTERNATIONAL MNY EXPRESS IN 0.2%
Value $1.204M Shares 86,175 Est. Cost $12.39 Unrealized 0.0%
REDWOOD TRUST INC 0.1%
Value $1.023M Shares 1,000,000 Est. Cost $1.02 Unrealized
METSERA INC 0.1%
Value $980K Shares 18,730 Est. Cost $52.33 Unrealized
METSERA INC 0.1%
Value $979K Shares 18,700 Est. Cost Unrealized
MRC GLOBAL INC 0.1%
Value $845K Shares 58,605 Est. Cost $14.42 Unrealized
NWE NORTHWESTERN ENERGY GROUP IN 0.1%
Value $838K Shares 14,303 Est. Cost $54.14 Unrealized 0.0%
CCRN CROSS CTRY HEALTHCARE INC 0.1%
Value $609K Shares 42,897 Est. Cost $13.47 Unrealized -1.9%
SOHO HOUSE & CO INC 0.1%
Value $580K Shares 65,542 Est. Cost $8.85 Unrealized
PERFORMANT HEALTHCARE INC 0.1%
Value $563K Shares 72,772 Est. Cost $7.73 Unrealized
BERRY CORP 0.1%
Value $540K Shares 142,979 Est. Cost $3.78 Unrealized
PROVIDENT BANCORP INC 0.1%
Value $505K Shares 40,282 Est. Cost $12.51 Unrealized
CORECARD CORPORATION 0.1%
Value $447K Shares 16,595 Est. Cost $26.92 Unrealized
CITY OFFICE REIT INC 0.0%
Value $378K Shares 54,317 Est. Cost $6.96 Unrealized
HARBORONE BANCORP INC NEW 0.0%
Value $306K Shares 22,464 Est. Cost $11.91 Unrealized
AURA AURA BIOSCIENCES INC 0.0%
Value $64,099 Shares 10,372 Est. Cost $6.54 Unrealized 0.0%
PACB PACIFIC BIOSCIENCES CALIF IN 0.0%
Value $45,765 Shares 35,754 Est. Cost $1.35 Unrealized 0.0%