WATER ISLAND CAPITAL LLC Information

41 MADISON AVENUE, NEW YORK, New York, 10010, (212) 584-2367

Report Date: 03/31/2014

Position Statistics

Total Positions 59
New Positions 18
Increased Positions 37
Decreased Positions 21
Positions with Activity 58
Sold Out Positions 15
Total Mkt Value (in $ millions) 1,577

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials 0.61%
Capital Goods 10.16%
Conglomerates 0%
Consumer Cyclical 0.43%
Consumer/Non-Cyclical
Energy 4.44%
Financial 26.75%
Healthcare 17.24%
Services 26.07%
Technology 2.62%
Transportation
Utilities 9.74%

59 Positions as of 03/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
ESSEX PPTY TR INC COM 177,337 146,855 481.77 917,419
ACTAVIS PLC SHS 153,839 144,832 1,608.04 713,704
UNS ENERGY CORP COM 147,118 140,869 2,254.46 2,434,513
FOSTER WHEELER AG COM 142,539 142,539 New 4,267,634
PACWEST BANCORP DEL COM 124,242 11,617 10.32 2,921,962
SAFEWAY INC COM NEW 105,872 105,872 New 3,041,411
UMPQUA HLDGS CORP COM 102,823 20,319 24.63 5,985,059
KKR & CO L P DEL COM UNITS 98,238 87,409 807.20 4,041,053
HUDSON CITY BANCORP COM 86,780 -29,843 (25.59) 8,837,107
EMERITUS CORP COM 77,367 77,367 New 2,312,212
SIRIUS XM HLDGS INC COM 73,371 73,371 New 21,205,405
ENERGY XXI BERMUDA LTD USD UNRS SHS 42,478 42,478 New 2,070,084
NORDION INC COM 29,169 29,169 New 2,254,151
TRIQUINT SEMICONDUCTOR INC COM 26,129 26,129 New 1,386,131
VERIZON COMMUNICATIONS INC COM 21,100 11,564 121.26 407,653
INGERSOLL-RAND PLC SHS 15,998 13,383 511.74 262,564
CHARTER COMMUNICATIONS INC DEL CL A NEW 14,747 11,437 345.58 91,161
BLACKHAWK NETWORK HLDGS INC CL B 14,126 14,126 New 499,673
AMERICAN AIRLS GROUP INC COM 10,984 3,450 45.79 277,735
JUNIPER NETWORKS INC COM 9,497 9,497 New 400,369