WATER ISLAND CAPITAL LLC Information

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

Report Date: 12/31/2014

Position Statistics

Total Positions 97
New Positions 27
Increased Positions 51
Decreased Positions 44
Positions with Activity 95
Sold Out Positions 33
Total Mkt Value (in $ millions) 1,620

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

Sector Weighting

Basic Materials 5.47%
Capital Goods 5.72%
Conglomerates
Consumer Cyclical 6.34%
Consumer/Non-Cyclical 0.55%
Energy 1.84%
Financial 3.66%
Healthcare 21.79%
Services 35.34%
Technology 15.25%
Transportation
Utilities 1.97%

97 Positions as of 12/31/2014

Company ▲ Class Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) Shares Held
ACTAVIS PLC SHS 110,852 80,809 268.98 373,930
AECOM COM -73,185 Sold Out 0
AGILENT TECHNOLOGIES INC COM -4,214 Sold Out 0
ALBEMARLE CORP COM 30,096 3,725 14.13 512,354
ALLIANCE DATA SYSTEMS CORP COM -34,301 Sold Out 0
ALPHA NAT RES INC COM -26 Sold Out 0
AMEC FOSTER WHEELER PLC SPONSORED ADR -61,956 Sold Out 0
ASSOCIATED ESTATES RLTY CORP COM 4,660 4,660 New 191,312
ASSURED GUARANTY LTD COM -10,713 Sold Out 0
AVG TECHNOLOGIES N V SHS 3,748 3,748 New 174,347
B/E AEROSPACE INC COM 24,709 15,472 167.50 391,839
BAKER HUGHES INC COM 7,997 7,997 New 117,212
BANK KY FINL CORP COM 11,890 4,745 66.41 243,408
BARCLAYS BK PLC IPATH S&P500 VIX 1,592 746 88.21 73,958
BCE INC COM NEW -73,223 Sold Out 0
BECTON DICKINSON & CO COM 19,385 19,037 5,461.40 136,143
BERRY PLASTICS GROUP INC COM 6,416 4,908 325.44 184,588
BOB EVANS FARMS INC COM 5,320 5,320 New 117,118
CARDINAL HEALTH INC COM 451 451 New 5,028
CF INDS HLDGS INC COM -4,294 Sold Out 0