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WATER ISLAND CAPITAL LLC

Q2 2025 · Filed 2025-08-14
Market Value
$511M
-3.0%
Holdings
71
+1
New Purchases
22
Added To
13
Closed
29
Reduced
6
Top 10 Concentration
61.6%
Turnover
71.8%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
SWTX 6.47% 0.00% +6.47% $33M
SKX 5.27% 0.00% +5.27% $27M
INFA 3.85% 0.00% +3.85% $20M
AVDX 3.76% 0.00% +3.76% $19M
FL 3.73% 0.00% +3.73% $19M
FARO 3.30% 0.00% +3.30% $17M
DNB 5.60% 2.44% +3.16% $29M
BPMC 2.93% 0.00% +2.93% $15M
TXNM 2.90% 0.00% +2.90% $15M
PPBI 2.20% 0.00% +2.20% $11M
CTLP 2.03% 0.00% +2.03% $10M
ETWO 2.02% 0.00% +2.02% $10M
GMS 1.89% 0.00% +1.89% $10M
BASE 1.73% 0.00% +1.73% $9M
ANSS 7.79% 6.22% +1.57% $40M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
HEES 0.00% 7.77% -7.77% $0
K 0.83% 7.69% -6.86% $4M
EVRI 0.00% 6.49% -6.49% $0
BECN 0.00% 6.35% -6.35% $0
PLYA 0.00% 4.01% -4.01% $0
PYCR 0.00% 3.22% -3.22% $0
JWN 0.00% 2.39% -2.39% $0
TGI 1.11% 3.03% -1.92% $6M
CMRX 0.00% 1.73% -1.73% $0
RDFN 0.00% 1.48% -1.48% $0
PDCO 0.00% 1.31% -1.31% $0
ITCI 0.00% 1.13% -1.13% $0
VIAC 1.43% 2.39% -0.95% $7M
ENFN 0.00% 0.90% -0.90% $0
FNA 0.00% 0.89% -0.89% $0

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Large Cap 9 $132M 25.9%
Mid Cap 29 $294M 57.5%
Small Cap 29 $84M 16.4%
Micro Cap 4 $1M 0.2%

Portfolio Analytics

Avg Market Cap
$5.4B
Median Market Cap
$2.3B
Avg P/E
54.5
Median P/E
28.4
Avg Dividend Yield
0.00%
Avg Beta
1.13
# Stocks
71
# ETFs / Funds
0

Top Holdings (71 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 AMED 10.83% 561,814 $55M $98.39 $4M +3,400 +0.6%
2 ANSS 7.79% 113,285 $40M $351.22 $7M +9,805 +9.5%
3 JNPR 7.27% 928,961 $37M $39.93 $6M +57,000 +6.5%
4 HES 7.07% 260,459 $36M $138.54 -$5M +1,552 +0.6%
5 SWTX 6.47% 703,525 $33M $46.99 +703,525 NEW
6 DNB 5.60% 3,147,738 $29M $9.09 $16M +1,710,815 +119.1%
7 SKX 5.27% 426,562 $27M $63.10 +426,562 NEW
8 INFA 3.85% 806,228 $20M $24.35 +806,228 NEW
9 AVDX 3.76% 1,961,334 $19M $9.79 +1,961,334 NEW
10 FL 3.73% 777,436 $19M $24.50 +777,436 NEW
11 ESGR 3.53% 53,653 $18M $336.36 -$1M -3,962 -6.9%
12 FARO 3.30% 383,836 $17M $43.92 +383,836 NEW
13 BPMC 2.93% 116,631 $15M $128.18 +116,631 NEW
14 TXNM 2.90% 262,539 $15M $56.32 +262,539 NEW
15 PRA 2.45% 547,355 $12M $22.83 $2M +105,009 +23.7%
16 MGRC 2.25% 99,225 $12M $115.96 $457K +45 +0.1%
17 PPBI 2.20% 532,149 $11M $21.09 +532,149 NEW
18 CTLP 2.03% 944,903 $10M $10.99 +944,903 NEW
19 ETWO 2.02% 3,185,939 $10M $3.23 +3,185,939 NEW
20 GMS 1.89% 88,627 $10M $108.75 +88,627 NEW
21 BASE 1.73% 363,000 $9M $24.38 +363,000 NEW
22 SPTN 1.57% 302,396 $8M $26.49 +302,396 NEW
23 VIAC 1.43% 567,122 $7M $12.90 -$5M -483,377 -46.0%
24 WBA 1.33% 593,196 $7M $11.48 $3M +291,076 +96.3%
25 TGI 1.11% 220,294 $6M $25.75 -$10M -408,647 -65.0%
26 CVAC 1.02% 957,031 $5M $5.43 +957,031 NEW
27 K 0.83% 53,318 $4M $79.53 -$36M -437,923 -89.2%
28 FYBR 0.78% 109,783 $4M $36.40 $191K +3,665 +3.5%
29 VERV 0.74% 335,593 $4M $11.23 +335,593 NEW
30 SCHN 0.55% 94,670 $3M $29.69 $1M +47,919 +102.5%
31 IPG 0.33% 68,367 $2M $24.48 $811K +36,592 +115.2%
32 VIGL 0.32% 207,667 $2M $7.95 +207,667 NEW
33 BRKL 0.17% 84,076 $887K $10.55 $302K +30,421 +56.7%
34 INZY 0.16% 201,776 $807K $4.00 +201,776 NEW
35 BRDG 0.16% 80,349 $804K $10.01 -$4M -428,937 -84.2%
36 CCRN 0.15% 59,337 $774K $13.05 -$3M -166,950 -73.8%
37 GB 0.14% 92,725 $693K $7.47 $49K +5,264 +6.0%
38 RKT 0.13% 46,367 $657K $14.18 $98K
39 HRI 0.07% 2,605 $343K $131.69 +2,605 NEW
40 SSBK 0.05% 7,204 $262K $36.37 +7,204 NEW
41 PVBC 0.05% 18,573 $232K $12.49 +18,573 NEW
42 HONE 0.05% 19,716 $230K $11.68 +19,716 NEW
43 CHX —% -$322K -10,800 -100.0% SOLD
44 ACCD —% -$1M -195,155 -100.0% SOLD
45 ALE —% -$2M -36,155 -100.0% SOLD
46 CMRX —% -$9M -1,069,051 -100.0% SOLD
47 SPR —% -$1M -31,957 -100.0% SOLD
48 FNA —% -$5M -358,000 -100.0% SOLD
49 HEES —% -$41M -431,648 -100.0% SOLD
50 NVRO —% -$682K -116,721 -100.0% SOLD
51 RDFN —% -$8M -848,500 -100.0% SOLD
52 EVRI —% -$34M -2,499,273 -100.0% SOLD
53 PTVE —% -$2M -126,790 -100.0% SOLD
54 SRDX —% -$554K -18,132 -100.0% SOLD
55 BERY —% -$4M -61,220 -100.0% SOLD
56 AGS —% -$1M -98,269 -100.0% SOLD
57 PYCR —% -$17M -754,606 -100.0% SOLD
58 SWI —% -$4M -191,572 -100.0% SOLD
59 AMPS —% -$1M -275,084 -100.0% SOLD
60 JWN —% -$13M -514,943 -100.0% SOLD
61 PDCO —% -$7M -221,575 -100.0% SOLD
62 LGTY —% -$770K -53,998 -100.0% SOLD
63 LBRDK —% -$3M -37,634 -100.0% SOLD
64 BECN —% -$33M -270,509 -100.0% SOLD
65 ATSG —% -$2M -110,519 -100.0% SOLD
66 ENFN —% -$5M -424,031 -100.0% SOLD
67 PLYA —% -$21M -1,584,486 -100.0% SOLD
68 ITCI —% -$6M -45,308 -100.0% SOLD
69 TSVT —% -$514K -104,006 -100.0% SOLD
70 FBMS —% -$725K -21,434 -100.0% SOLD
71 X —% -$2M -53,989 -100.0% SOLD

New Positions

SymbolValue% Port
SWTX $33M 6.47%
SKX $27M 5.27%
INFA $20M 3.85%
AVDX $19M 3.76%
FL $19M 3.73%
FARO $17M 3.30%
BPMC $15M 2.93%
TXNM $15M 2.90%
PPBI $11M 2.20%
CTLP $10M 2.03%
ETWO $10M 2.02%
GMS $10M 1.89%
BASE $9M 1.73%
SPTN $8M 1.57%
CVAC $5M 1.02%

Sold Out Positions

SymbolValue% Port
LBRDK —%
HEES —%
CMRX —%
EVRI —%
BECN —%
SWI —%
AGS —%
NVRO —%
CHX —%
PYCR —%
TSVT —%
ALE —%
ATSG —%
RDFN —%
PDCO —%
View SEC EDGAR Filings for WATER ISLAND CAPITAL LLC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms