Water Island Capital-Advised Funds > ARBITRAGE FUNDS
Water Island Event-Driven Fund
$108.40M
Avg Monthly Net Assets
$84.00M
Total Assets
$3.65M
Total Liabilities
$80.35M
Net Assets
Water Island Event-Driven Fund is a Mutual Fund in ARBITRAGE FUNDS
from Water Island Capital-Advised Funds,
based in Colorado,
United States of America.
The fund has three share classes
and monthly net assets of $108.40M.
On July 31st, 2024 it reported 130 holdings, the largest
being Hess Corp (5.7%), Shockwave Medical Inc (5.7%) and Amedisys Inc (5.4%).
Data provided by Fincoded.
Share Classes
| Name | Class/Contract ID | Ticker | Monthly Returns (2 years) |
|---|---|---|---|
| Class A | C000127229 | AGEAX | |
| Class I | C000092485 | AEDNX | |
| Class R | C000092484 | AEDFX |
Holdings
From latest NPORT-P, filed July 31st, 2024 for period ending May 31st, 2024.
Historic holdings data available from Fincoded.
| Name | Profile | Category | Country | Value $USD | # Shares | % of Fund |
|---|---|---|---|---|---|---|
| Albertsons Cos Inc | Long | Equity-common | US | $2M | 100K | 2.56 |
| Alteryx Inc | Long | Debt | US | $2M | – | 3.01 |
| Amedisys Inc | Long | Equity-common | US | $4M | 48K | 5.40 |
| ANSYS Inc | Long | Equity-common | US | $2M | 6K | 2.44 |
| Apartment Income REIT Corp | Long | Equity-common | US | $2M | 40K | 1.93 |
| Applus Services SA | Long | Equity-common | ES | $761K | 55K | 0.95 |
| Axonics Inc | Long | Equity-common | US | $4M | 55K | 4.56 |
| Bayer AG | Long | Equity-common | DE | $386K | 13K | 0.48 |
| BlackLine Inc | Long | Debt | US | $2M | – | 1.94 |
| Bristol-Myers Squibb Co | Derivative-equity | US | $92K | 68K | 0.11 | |
| Broadcom Inc | Long | Equity-common | US | $553K | 416 | 0.69 |
| Broadcom Inc | Short | Equity-common | US | $-553K | -416 | -0.69 |
| Carrols Restaurant Group Inc | Long | Debt | US | $1M | – | 1.32 |
| Catalent Inc | Long | Equity-common | US | $2M | 32K | 2.13 |
| Cerevel Therapeutics Holdings Inc | Long | Equity-common | US | $3M | 73K | 3.71 |
| ChampionX Corp | Long | Equity-common | US | $3M | 77K | 3.11 |
| CHEVRON CORP (Morgan Stanley & Co. LLC) | Derivative-equity | US | $2K | – | 0.00 | |
| Cineplex Inc | Long | Equity-common | CA | $577K | 101K | 0.72 |
| Cineplex Inc | Long | Debt | CA | $212K | – | 0.26 |
| Cineplex Inc | Short | Equity-common | CA | $-18K | -3K | -0.02 |
| ConocoPhillips | Short | Equity-common | US | $-491K | -4K | -0.61 |
| CONTRA ABIOMED INC | Derivative-equity | US | $24K | 14K | 0.03 | |
| CONTRA ALBIREO PHARMA | Derivative-equity | US | $82K | 34K | 0.10 | |
| CONTRA CINCOR PHARMA I | Derivative-equity | US | $137K | 40K | 0.17 | |
| CONTRA CONCERT PHARMAC | Derivative-equity | US | $65K | 155K | 0.08 | |
| CONTRA RESOLUTE FOREST | Derivative-equity | US | $110K | 69K | 0.14 | |
| Crown Castle Inc | Long | Equity-common | US | $264K | 3K | 0.33 |
| CrownRock LP / CrownRock Finance Inc (CROWNROCK LP/CROWNROCK F) | Long | Debt | US | $4M | – | 4.92 |
| Deciphera Pharmaceuticals Inc | Long | Equity-common | US | $2M | 61K | 1.92 |
| Endeavor Energy Resources LP / EER Finance Inc | Long | Debt | US | $815K | – | 1.01 |
| Endeavor Group Holdings Inc | Long | Equity-common | US | $2M | 73K | 2.45 |
| Everi Holdings Inc | Long | Debt | US | $2M | – | 2.97 |
| HashiCorp Inc | Long | Equity-common | US | $2M | 64K | 2.65 |
| Hess Corp | Long | Equity-common | US | $5M | 30K | 5.71 |
| HESS CORP (National Financial Services Corp.) | Derivative-equity | US | $0 | – | – | |
| HESS CORP (National Financial Services Corp.) | Derivative-equity | US | $0 | – | – | |
| HESS CORP (National Financial Services Corp.) | Derivative-equity | US | $-14K | – | -0.02 | |
| Juniper Networks Inc | Long | Equity-common | US | $3M | 81K | 3.61 |
| Long: CVXMSS TRS USD R V 00MFEDL0 FEDL01 -40BPS / Short: CVXMSS TRS USD P E CVXMSS TRS RE (Morgan Stanley & Co. LLC) | Derivative-equity | US | $-183K | – | -0.23 | |
| Long: SLBMSS TRS USD R V 00MFEDL FEDL01/-40 BPS / Short: SLBMSS TRS USD P E SLBMSS US PAY EQUITY (Morgan Stanley & Co. LLC) | Derivative-equity | US | $36K | – | 0.04 | |
| Marathon Oil Corp | Long | Equity-common | US | $479K | 17K | 0.60 |
| McGrath RentCorp | Long | Equity-common | US | $2M | 21K | 2.91 |
| Model N Inc | Long | Equity-common | US | $2M | 52K | 1.92 |
| Morgan Stanley Institutional Liquidity Funds - Government Portfolio (Morgan Stanley & Co. LLC) | Long | Short-term investment vehicle | US | $1M | 1M | 1.70 |
| Morgan Stanley Institutional Liquidity Funds - Government Portfolio (Morgan Stanley & Co. LLC) | Long | Short-term investment vehicle | US | $396K | 396K | 0.49 |
| MORGAN STANLEY PRIME BROKER EU | Short | Segregated Cash | EE | $-1.42 | -1.31 | -0.00 |
| MORGAN STANLEY PRIME BROKER US | Long | Segregated Cash | US | $3M | 3M | 3.30 |
| National Western Life Group Inc | Long | Equity-common | US | $902K | 2K | 1.12 |
| Network International Holdings PLC | Long | Equity-common | GB | $2M | 306K | 1.91 |
| Olink Holding AB | Long | Equity-common | SE | $4M | 151K | 4.49 |
| Perficient Inc | Long | Equity-common | US | $1M | 16K | 1.45 |
| PNM Resources Inc | Long | Equity-common | US | $978K | 26K | 1.22 |
| PURCHASED CAD / SOLD USD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | CA | $198.67 | – | 0.00 | |
| PURCHASED CAD / SOLD USD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | CA | $138.18 | – | 0.00 | |
| PURCHASED CAD / SOLD USD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | CA | $118.75 | – | 0.00 | |
| PURCHASED CAD / SOLD USD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | CA | $58.02 | – | 0.00 | |
| PURCHASED CAD / SOLD USD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | CA | $56.76 | – | 0.00 | |
| PURCHASED CAD / SOLD USD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | CA | $33.97 | – | 0.00 | |
| PURCHASED CAD / SOLD USD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | CA | $32.26 | – | 0.00 | |
| PURCHASED CAD / SOLD USD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | CA | $25.01 | – | 0.00 | |
| PURCHASED CAD / SOLD USD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | CA | $22.32 | – | 0.00 | |
| PURCHASED CAD / SOLD USD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | CA | $15.27 | – | 0.00 | |
| PURCHASED CAD / SOLD USD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | CA | $-77.81 | – | -0.00 | |
| PURCHASED CAD / SOLD USD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | CA | $-78.36 | – | -0.00 | |
| PURCHASED CAD / SOLD USD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | CA | $-108.87 | – | -0.00 | |
| PURCHASED CAD / SOLD USD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | CA | $-1K | – | -0.00 | |
| PURCHASED EUR / SOLD USD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | XX | $714.8 | – | 0.00 | |
| PURCHASED EUR / SOLD USD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | XX | $352.91 | – | 0.00 | |
| PURCHASED EUR / SOLD USD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | XX | $66.85 | – | 0.00 | |
| PURCHASED EUR / SOLD USD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | XX | $34.69 | – | 0.00 | |
| PURCHASED EUR / SOLD USD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | XX | $12.88 | – | 0.00 | |
| PURCHASED EUR / SOLD USD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | XX | $-12.37 | – | -0.00 | |
| PURCHASED EUR / SOLD USD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | XX | $-35.68 | – | -0.00 | |
| PURCHASED EUR / SOLD USD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | XX | $-36.11 | – | -0.00 | |
| PURCHASED EUR / SOLD USD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | XX | $-90.74 | – | -0.00 | |
| PURCHASED EUR / SOLD USD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | XX | $-235.86 | – | -0.00 | |
| PURCHASED GBP / SOLD USD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | GB | $8K | – | 0.01 | |
| PURCHASED GBP / SOLD USD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | GB | $2K | – | 0.00 | |
| PURCHASED GBP / SOLD USD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | GB | $2K | – | 0.00 | |
| PURCHASED GBP / SOLD USD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | GB | $1K | – | 0.00 | |
| PURCHASED GBP / SOLD USD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | GB | $818.27 | – | 0.00 | |
| PURCHASED GBP / SOLD USD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | GB | $4.67 | – | 0.00 | |
| PURCHASED GBP / SOLD USD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | GB | $-12.84 | – | -0.00 | |
| PURCHASED NOK / SOLD USD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | NO | $5K | – | 0.01 | |
| PURCHASED USD / SOLD CAD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | US | $9K | – | 0.01 | |
| PURCHASED USD / SOLD CAD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | US | $178.98 | – | 0.00 | |
| PURCHASED USD / SOLD CAD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | US | $74.92 | – | 0.00 | |
| PURCHASED USD / SOLD CAD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | US | $71.24 | – | 0.00 | |
| PURCHASED USD / SOLD CAD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | US | $44.64 | – | 0.00 | |
| PURCHASED USD / SOLD CAD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | US | $14.48 | – | 0.00 | |
| PURCHASED USD / SOLD CAD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | US | $-32.33 | – | -0.00 | |
| PURCHASED USD / SOLD CAD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | US | $-33.16 | – | -0.00 | |
| PURCHASED USD / SOLD CAD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | US | $-33.68 | – | -0.00 | |
| PURCHASED USD / SOLD CAD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | US | $-35.37 | – | -0.00 | |
| PURCHASED USD / SOLD CAD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | US | $-46.22 | – | -0.00 | |
| PURCHASED USD / SOLD CAD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | US | $-77.91 | – | -0.00 | |
| PURCHASED USD / SOLD CAD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | US | $-86.58 | – | -0.00 | |
| PURCHASED USD / SOLD CAD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | US | $-120.22 | – | -0.00 | |
| PURCHASED USD / SOLD CAD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | US | $-134.72 | – | -0.00 | |
| PURCHASED USD / SOLD CAD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | US | $-146.28 | – | -0.00 | |
| PURCHASED USD / SOLD CAD (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | US | $-207.52 | – | -0.00 | |
| PURCHASED USD / SOLD EUR (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | US | $9K | – | 0.01 | |
| PURCHASED USD / SOLD EUR (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | US | $151.55 | – | 0.00 | |
| PURCHASED USD / SOLD EUR (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | US | $114.03 | – | 0.00 | |
| PURCHASED USD / SOLD EUR (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | US | $28.48 | – | 0.00 | |
| PURCHASED USD / SOLD EUR (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | US | $25.78 | – | 0.00 | |
| PURCHASED USD / SOLD EUR (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | US | $-2.31 | – | -0.00 | |
| PURCHASED USD / SOLD EUR (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | US | $-57.79 | – | -0.00 | |
| PURCHASED USD / SOLD EUR (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | US | $-659.19 | – | -0.00 | |
| PURCHASED USD / SOLD EUR (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | US | $-719 | – | -0.00 | |
| PURCHASED USD / SOLD EUR (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | US | $-884.74 | – | -0.00 | |
| PURCHASED USD / SOLD GBP (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | US | $9K | – | 0.01 | |
| PURCHASED USD / SOLD NOK (Morgan Stanley & Co. LLC) | Derivative-foreign exchange | US | $-1K | – | -0.00 | |
| SEK CASH COLLATERAL | Short | Short-term investment vehicle | SE | $-1.11 | -11.68 | -0.00 |
| Shockwave Medical Inc | Long | Equity-common | US | $5M | 14K | 5.67 |
| Silicon Motion Technology Corp | Long | Equity-common | KY | $2M | 20K | 1.95 |
| SILICON MOTION TECHNOLOGY CORP (Morgan Stanley & Co. LLC) | Derivative-equity | KY | $9K | – | 0.01 | |
| SILICON MOTION TECHNOLOGY CORP (Morgan Stanley & Co. LLC) | Derivative-equity | KY | $-18K | – | -0.02 | |
| Squarespace Inc | Long | Equity-common | US | $776K | 18K | 0.97 |
| SRS Distribution Inc | Long | Debt | US | $1M | – | 1.58 |
| State Street Institutional U.S. Government Money Market Fund (State Street Global Advisors) | Long | Short-term investment vehicle | US | $396K | 396K | 0.49 |
| State Street Institutional US Government Money Market Fund (State Street Global Advisors) | Long | Short-term investment vehicle | US | $1M | 1M | 1.70 |
| Synopsys Inc | Short | Equity-common | US | $-1M | -2K | -1.49 |
| TechTarget Inc | Long | Debt | US | $1M | – | 1.63 |
| United States Steel Corp | Long | Equity-common | US | $3M | 66K | 3.16 |
| UpHealth Inc | Long | Debt | US | $203K | – | 0.25 |
| UpHealth Inc | Long | Debt | US | $200K | – | 0.25 |
| Vista Outdoor Inc | Long | Debt | US | $929K | – | 1.16 |
| Vizio Holding Corp | Long | Equity-common | US | $2M | 160K | 2.14 |
| WillScot Mobile Mini Holdings Corp | Short | Equity-common | US | $-954K | -24K | -1.19 |
Address
ARBITRAGE FUNDS
C/O ALPS FUND SERVICES, INC.
1290 BROADWAY, SUITE 1100
DENVER
Colorado
80203
United States of America
Websites
Directors
Stephen R. Byers
Nancy M. Morris
John S. Orrico
Francis X. Tracy
Robert P. Herrmann
John C. Alvarado
Christina Chew
Transfer Agents
SS&C GIDS, Inc.
Pricing Services
S&P Global Inc.
J.P. Morgan Securities LLC
ICE Data Services, Inc.
London Stock Exchange Group PLC
Bloomberg L.P.
Custodians
State Street Bank and Trust Company (Edinburgh, GB, Branch)
Clearstream Banking S.A.
Citibank Europe Public Limited Company
Intesa Sanpaolo S.p.A.
State Street Trust Company Canada
State Street Bank and Trust Company
Skandinaviska Enskilda Banken AB (Oslo, Oslo, NO, Branch)
Mizuho Bank, Ltd. (Minato ku, Tokyo, JP, Branch)
UBS Switzerland AG
Skandinaviska Enskilda Banken AB
UniCredit Bank Austria AG
BNP Paribas
State Street Bank International GmbH
Bank Handlowy w Warszawie Spolka Akcyjna
The Hongkong and Shanghai Banking Corporation Limited (Auckland, Auckland, NZ, Branch)
Banco Nacional de Mexico, S.A., Integrante del Grupo Financiero Banamex
Royal Bank of Canada
The Hongkong and Shanghai Banking Corporation Limited (Sydney, NSW, AU, Branch)
Shareholder Servicing Agents
SS&C GIDS, Inc.
Admins
State Street Bank and Trust Company
Brokers
United First Partners LLC
BofA Securities, Inc.
Bloomberg Tradebook LLC
Morgan Stanley & Co. LLC
Odeon Capital Group LLC
Mischler Financial Group, Inc.
Marianas Fund Management LLC
Barclays Capital Inc.
Goldman Sachs & Co. LLC