0001135428-11-000621.txt : 20111101 0001135428-11-000621.hdr.sgml : 20111101 20111101115423 ACCESSION NUMBER: 0001135428-11-000621 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110930 FILED AS OF DATE: 20111101 DATE AS OF CHANGE: 20111101 EFFECTIVENESS DATE: 20111101 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WATER ISLAND CAPITAL LLC CENTRAL INDEX KEY: 0001222765 IRS NUMBER: 134100544 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-10693 FILM NUMBER: 111170281 BUSINESS ADDRESS: STREET 1: 41 MADISON AVENUE STREET 2: 42ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10010 BUSINESS PHONE: 212-584-2367 MAIL ADDRESS: STREET 1: 41 MADISON AVENUE STREET 2: 42ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10010 13F-HR 1 waterisland_13f.txt FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: September 30, 2011 Check here if Amendment [ ] ; Amendment Number: This Amendment (Check one only): [ ] is a restatement [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Water Island Capital, LLC Address: 41 Madison Avenue New York, New York 10010 Form 13F File Number: 28-10693 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Matthew Hemberger Title: Chief Compliance Officer Phone: (212) 584-2367 Signature, Place, and Date of Signing: /s/ Matthew Hemberger New York, New York 10/27/2011 [Signature] [City, State] [Date] Report Type: (Check only one): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 86 Form 13F Information Table Value Total: $ 1,847,117 (thousands) List of Other Included Managers: NONE
FAIR MARKET SHARES OR VOTING AUTHORITY TITLE OF CUSIP VALUE PRINCIPAL SH/ PUT/ INVESTMENT OTHER ---------------- NAME OF ISSUER CLASS NUMBER (000'S) AMOUNT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE -------------- -------- ------ ----------- --------- --- ---- ---------- -------- ---- ------ ----- GLOBAL CROSSING LTD SHS NEW G3921A175 38967 1634436 SH SOLE 1634436 VALIDUS HOLDINGS LTD COM SHS G9319H102 168 6741 SH SOLE 6741 TYCO INTERNATIONAL LTD SHS H89128104 236 5800 SH SOLE 5800 TYCO INTERNATIONAL LTD SHS H89128104 20 42 SH PUT SOLE 42 TYCO INTERNATIONAL LTD SHS H89128104 6 16 SH PUT SOLE 16 FUNDTECH LTD ORD M47095100 5221 226208 SH SOLE 226208 APAC CUSTOMER SERVICES INC COM 00185E106 26900 3272577 SH SOLE 3272577 ABINGTON BANCORP COM 00350L109 6534 1061761 SH SOLE 1061761 ACI WORLDWIDE INC COM 004498101 58 3429 SH CALL SOLE 3429 ADVANCED ANALOGIC TECHNOLOGI COM 00752J108 21815 5038115 SH SOLE 5038115 ALPHA NATURAL RESOURCES INC COM 02076X102 275 15550 SH SOLE 15550 AMERON INTL INC COM 030710107 75535 889269 SH SOLE 889269 ARCH CHEMICALS INC COM 03937R102 91414 1948304 SH SOLE 1948304 BJS WHOLESALE CLUB INC COM 05548J106 117081 2284530 SH SOLE 2284530 BLACKBOARD INC COM 091935502 115237 1261945 SH SOLE 1261945 BLACKBOARD INC COM 091935502 20100 2010 SH PUT SOLE 2010 BLACKBOARD INC COM 091935502 11 122 SH CALL SOLE 122 CALIPER LIFE SCIENCES INC COM 130872104 25514 2436829 SH SOLE 2436829 CENTRAL VT PUB SVC CORP COM 155771108 7970 226355 SH SOLE 226355 CENTURYLINK INC COM 156700106 3044 91918 SH SOLE 91918 CEPHALON INC COM 156708109 116845 1447896 SH SOLE 1447896 CLOROX CO DEL COM 189054109 4646 70044 SH SOLE 70044 COLFAX CORP COM 194014106 494 24400 SH SOLE 24400 COLFAX CORP COM 194014106 125 998 SH CALL SOLE 998 COLFAX CORP COM 194014106 241 250 SH PUT SOLE 250 COMERICA INC COM 200340107 5654 246127 SH SOLE 246127 CONSTELLATION ENERGY GROUP I COM 210371100 43338 1139541 SH SOLE 1139541 DPL INC COM 233293109 75994 2521355 SH SOLE 2521355 DUKE ENERGY CORP NEW COM 26441C105 1163 9691 SH CALL SOLE 9691 ECOLAB INC COM 278865100 300 6129 SH SOLE 6129 ECOLAB INC COM 278865100 12 1127 SH CALL SOLE 1127 EMDEON INC CL A 29084T104 75593 2578445 SH SOLE 2578445 EXPRESS SCRIPTS COM 302182100 45 1000 SH CALL SOLE 1000 FPIC INS GROUP INC COM 302563101 14833 354520 SH SOLE 1496158 FELCOR LODGING TR INC COM 31430F507 338 261 SH SOLE 1496158 GLOBAL INDS LTD COM 379336100 57716 7287440 SH SOLE 7287440 GOODRICH CORP COM 382388106 42014 348140 SH SOLE 348140 HARLEYSVILLE GROUP INC COM 412824104 12446 199670 SH SOLE 199670 HEWLETT PACKARD CO COM 428236103 130 5800 SH SOLE 5800 ITT CORP NEW COM 450911102 991 23593 SH SOLE 23593 ITT CORP NEW COM 450911102 17 80 SH CALL SOLE 80 ITT CORP NEW COM 450911102 1 41 SH CALL SOLE 41 ITT CORP NEW COM 450911102 1 20 SH CALL SOLE 20 INTERDIGITAL INC COM 45867G101 59 1267 SH SOLE 1267 INTERDIGITAL INC COM 45867G101 24 147 SH CALL SOLE 147 INTERMUNE INC COM 45884X103 80 3959 SH SOLE 3959 JAKKS PAC INC COM 47012E106 11172 589550 SH SOLE 589550 JOHNSON & JOHNSON COM 478160104 22 400 SH PUT SOLE 400 KINETIC CONCEPTS COM NEW 49460W208 80757 1225640 SH SOLE1 225640 KINETIC CONCEPTS COM NEW 49460W208 0 33 SH CALL SOLE 33 LOOPNET INC COM 543524300 15069 879664 SH SOLE 879664 MANITOWOC INC COM 563571108 157 23422 SH SOLE 23422 MARATHON OIL CORP COM 565849106 52 2395 SH SOLE 2395 MARATHON PETE CORP COM 56585A102 471 17421 SH SOLE 17421 MEDCO HEALTH SOLUTIONS INC COM 58405U102 54300 1158021 SH SOLE 1158021 MOTOROLA MOBILITY HLDGS INC COM 620097105 63245 1674050 SH SOLE 1674050 NALCO HOLDING COMPANY COM 62985Q101 74926 2141963 SH SOLE 2141963 NESS TECHNOLOGIES INC COM 64104X108 14615 1908012 SH SOLE 1908012 NETLOGIC MICROSYSTEMS INC COM 64118B100 62122 1291249 SH SOLE 1291249 OSHKOSH CORP COM 688239201 44 2768 SH SOLE 2768 PAETEC HOLDING CORP COM 695459107 36491 6898081 SH SOLE 6898081 PROGRESS ENERGY INC COM 743263105 113603 2196506 SH SOLE 2196506 RALCORP HLDGS INC NEW COM 751028101 453 5910 SH SOLE 5910 RALCORP HLDGS INC NEW COM 751028101 11 24 SH PUT SOLE 24 RESEARCH IN MOTION LTD COM 760975102 241 11879 SH SOLE 11879 ROCK-TENN CO CL A 772739207 919 18885 SH SOLE 18885 S1 CORPORATION COM 78463B101 29239 3188515 SH SOLE 3188515 SPDR S&P 500 ETF TR TR UNIT 78462F103 60645 535881 SH SOLE 535881 SPDR S&P 500 ETF TR TR UNIT 78462F103 691 897 SH PUT SOLE 897 SPDR S&P 500 ETF TR TR UNIT 78462F103 669 797 SH PUT SOLE 797 SPDR S&P 500 ETF TR TR UNIT 78462F103 420 598 SH PUT SOLE 598 SPDR S&P 500 ETF TR TR UNIT 78462F103 411 647 SH PUT SOLE 647 SPDR S&P 500 ETF TR TR UNIT 78462F103 91 249 SH PUT SOLE 249 SPDR S&P 500 ETF TR TR UNIT 78462F103 1 249 SH PUT SOLE 249 SPDR S&P 500 ETF TR TR UNIT 78462F103 182 199 SH PUT SOLE 199 SPDR SERIES TRUST S&P OILLGAS EXP 78464A730 21 58 SH PUT SOLE 58 SCHWAB CHARLES CORP NEW COM 808513105 1 7 SH CALL SOLE 7 SEALED AIR CORP NEW COM 81211K100 63 3800 SH SOLE 3800 SEALED AIR CORP NEW COM 81211K100 1 56 SH CALL SOLE 56 SOUTHERN UN CO NEW COM 844030106 62898 1550375 SH SOLE 1550375 STILLWATER MNG CO COM 86074Q102 12312 1448419 SH SOLE 1448419 TEMPLE INLAND INC COM 879868107 62548 1993876 SH SOLE 1993876 TEMPLE INLAND INC COM 879868107 74 181 SH CALL SOLE 181 VARIAN SEMICONDUCTOR EQUIPMN COM 922207105 78298 1280425 SH SOLE 1280425 WALTER ENERGY INC COM 93317Q105 604 10073 SH SOLE 10073 WAUSAU PAPER CORP COM 943315101 72 11274 SH SOLE 11274