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) 1,581

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

Sector Weighting

Basic Materials 0.16%
Capital Goods 10.15%
Conglomerates 0%
Consumer Cyclical 0.44%
Consumer/Non-Cyclical
Energy 4.46%
Financial 26.49%
Healthcare 17.22%
Services 26.91%
Technology 2.56%
Transportation
Utilities 9.72%

21 DECREASED Positions as of 03/31/2014

Company Class Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) ▲ Shares Held
ACTIVISION BLIZZARD INC COM -359 Sold Out 0
AEROPOSTALE COM -606 Sold Out 0
ALLEGION PUB LTD CO ORD SHS -1,797 Sold Out 0
AMERICAN RLTY CAP PPTYS INC COM -13,619 Sold Out 0
COMMUNITY HEALTH SYS INC NEW COM -1,846 Sold Out 0
CORNING INC COM -4,853 Sold Out 0
DONNELLEY R R & SONS CO COM -5,144 Sold Out 0
FIDELITY NATIONAL FINANCIAL IN CL A -42,084 Sold Out 0
GENTIUM S P A SPONSORED ADR -472 Sold Out 0
MANITOWOC INC COM -8,875 Sold Out 0
OFFICE DEPOT INC COM -7,338 Sold Out 0
PERRIGO CO COM -178,721 Sold Out 0
PIONEER NAT RES CO COM -62,276 Sold Out 0
TIME WARNER CABLE INC COM -6,565 Sold Out 0
WALTER ENERGY INC COM -401 Sold Out 0
STILLWATER MNG CO COM 1,383 -2,605 (65.32) 72,646
MCKESSON CORP COM 1,602 -2,351 (59.48) 8,369
OUTERWALL INC COM 2,641 -3,121 (54.16) 49,604
NRG ENERGY INC COM NEW 6,643 -2,612 (28.23) 209,100
HUDSON CITY BANCORP COM 86,339 -29,691 (25.59) 8,837,107