WATER ISLAND CAPITAL LLC Information

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

Report Date: 03/31/2015

Position Statistics

Total Positions 107
New Positions 44
Increased Positions 68
Decreased Positions 39
Positions with Activity 107
Sold Out Positions 26
Total Mkt Value (in $ millions) 1,755

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

Sector Weighting

Basic Materials 17.19%
Capital Goods 4.84%
Conglomerates
Consumer Cyclical 0.28%
Consumer/Non-Cyclical 1.89%
Energy 3.3%
Financial 4.9%
Healthcare 18.81%
Services 35.45%
Technology 11.46%
Transportation 0.02%
Utilities 0.55%

39 DECREASED Positions as of 03/31/2015

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
DIRECTV COM 200,901 -13,381 (6.25) 2,193,966
B/E AEROSPACE INC COM 15,503 -8,199 (34.59) 256,290
SUSQUEHANNA BANCSHARES INC PA COM 15,196 -1,406 (8.47) 1,097,213
YUM BRANDS INC COM 11,737 -2,337 (16.61) 128,221
HUDSON VALLEY HOLDING CORP COM 11,049 -179 (1.6) 425,942
PEPCO HOLDINGS INC COM 9,738 -18,264 (65.22) 360,942
JUNIPER NETWORKS INC COM 5,289 -1,538 (22.52) 191,644
ELLIS PERRY INTL INC COM 4,980 -63 (1.25) 188,720
ACTAVIS PLC SHS 4,712 -107,972 (95.82) 15,635
TYSON FOODS INC CL A 3,185 -2,285 (41.77) 74,164
AVG TECHNOLOGIES N V SHS 1,743 -2,513 (59.05) 71,394
KINDRED HEALTHCARE INC COM 429 -12,316 (96.63) 18,727
DRESSER-RAND GROUP INC COM 169 -69,017 (99.76) 2,000
ALBEMARLE CORP COM -31,699 Sold Out 0
BAKER HUGHES INC COM -7,681 Sold Out 0
BECTON DICKINSON & CO COM -19,324 Sold Out 0
CARDINAL HEALTH INC COM -445 Sold Out 0
CIVEO CORP COM -1,182 Sold Out 0
CONMED CORP COM -532 Sold Out 0
CUBIST PHARMACEUTICALS INC CONT VAL RT 13 -174 Sold Out 0