WATER ISLAND CAPITAL LLC Information

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

Report Date: 12/31/2013

Position Statistics

Total Positions 48
New Positions 32
Increased Positions 37
Decreased Positions 11
Positions with Activity 48
Sold Out Positions 7
Total Mkt Value (in $ millions) 820

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

Sector Weighting

Basic Materials 0.4%
Capital Goods 1.45%
Conglomerates 21.78%
Consumer Cyclical 0.58%
Consumer/Non-Cyclical 0%
Energy 8.12%
Financial 46.64%
Healthcare 1.89%
Services 9.39%
Technology 6.83%
Transportation
Utilities 1.9%

11 DECREASED Positions as of 12/31/2013

Company Class Value of Shares ($1,000s) ▲ Change in Value ($1,000s) Change (%) Shares Held
COOPER TIRE & RUBR CO COM -62,734 Sold Out 0
ELAN PLC ADR -143,179 Sold Out 0
INTERCONTINENTALEXCHANGE GROUP COM -169,585 Sold Out 0
MID-AMER APT CMNTYS INC COM -61,933 Sold Out 0
TAYLOR CAP GROUP INC COM -5,432 Sold Out 0
WHITEWAVE FOODS CO COM CL A -39,130 Sold Out 0
ZOETIS INC CL A -283 Sold Out 0
ACTIVISION BLIZZARD INC COM 302 -1,694 (84.85) 15,355
OFFICE DEPOT INC COM 5,896 -3,698 (38.55) 1,455,859
VERIZON COMMUNICATIONS INC COM 8,770 -649 (6.89) 184,246
HUDSON CITY BANCORP COM 117,574 -17,978 (13.26) 11,876,120