WATER ISLAND CAPITAL LLC Information

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

Report Date: 06/30/2014

Position Statistics

Total Positions 77
New Positions 34
Increased Positions 48
Decreased Positions 28
Positions with Activity 76
Sold Out Positions 17
Total Mkt Value (in $ millions) 2,296

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

Sector Weighting

Basic Materials 0.47%
Capital Goods 9.41%
Conglomerates
Consumer Cyclical 0.31%
Consumer/Non-Cyclical 0.72%
Energy 0.9%
Financial 10.56%
Healthcare 28.42%
Services 27.67%
Technology 8.04%
Transportation 0%
Utilities 6.34%

76 Activity Positions as of 06/30/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
ACTAVIS PLC SHS 296,192 128,030 76.13 1,257,077
SAFEWAY INC COM NEW 176,801 72,724 69.88 5,166,594
TRIQUINT SEMICONDUCTOR INC COM 165,958 139,399 524.88 8,661,665
TIME WARNER CABLE INC COM 154,146 154,146 New 1,023,476
FOSTER WHEELER AG COM 152,153 18,577 13.91 4,861,134
PROTECTIVE LIFE CORP COM 150,875 150,875 New 2,170,870
BROOKDALE SR LIVING INC COM 150,182 78,529 109.60 4,603,982
TW TELECOM INC COM 132,859 132,859 New 3,175,418
AMER RLTY CAP HEALTHCAR TR INC COM 110,698 110,698 New 10,685,161
PEPCO HOLDINGS INC COM 109,980 109,980 New 4,052,336
DIRECTV COM 103,438 103,438 New 1,185,259
COVIDIEN PLC SHS 81,765 81,765 New 904,481
ALLERGAN INC COM 70,835 70,835 New 426,409
HUDSON CITY BANCORP COM 48,084 -41,878 (46.55) 4,723,351
MALLINCKRODT PUB LTD CO SHS 43,440 43,440 New 488,366
INTEGRYS ENERGY GROUP INC COM 35,644 35,644 New 535,032
MARTIN MARIETTA MATLS INC COM 28,463 28,463 New 221,309
SIRIUS XM HLDGS INC COM 20,259 -54,384 (72.86) 5,755,317
TYSON FOODS INC CL A 15,818 15,818 New 417,692
MEDICAL ACTION INDS INC COM 15,408 15,408 New 1,118,112