# Water Island Long/Short Fund

Water Island Long/Short Fund is a registered fund series of ARBITRAGE FUNDS (series S000047725). Net assets $3.4M as of 2021-08-31.

## Profile

- Series ID: S000047725
- Registrant: ARBITRAGE FUNDS
- LEI: 549300Q0ZNWYZ0LQM757
- Net assets: $3.4M
- Total assets: $5.2M
- As of: 2021-08-31

## Advisers

- [Water Island Capital, LLC (Advisor)](https://search.stillhousedata.com/firm/113358)

## Top holdings (133 reported)

_Showing 15 of 133 holdings by value._

| Holding | Ticker | Value | % of fund |
| --- | --- | --- | --- |
| MORGAN STANLEY PRIME BROKER US | — | $1.2M | 3451.57% |
| [Xilinx Inc](https://search.stillhousedata.com/security/983919101) | — | $296K | 859.85% |
| [Kansas City Southern](https://search.stillhousedata.com/security/485170302) | — | $253K | 734.73% |
| IHS Markit Ltd | — | $211K | 613.87% |
| Willis Towers Watson PLC | — | $210K | 609.89% |
| [VEREIT Inc](https://search.stillhousedata.com/security/92339V308) | — | $148K | 429.90% |
| [PPD Inc](https://search.stillhousedata.com/security/69355F102) | — | $141K | 411.10% |
| [Coherent Inc](https://search.stillhousedata.com/security/192479103) | — | $136K | 394.65% |
| [Nuance Communications Inc](https://search.stillhousedata.com/security/67020Y100) | — | $133K | 385.73% |
| [Analog Devices Inc](https://search.stillhousedata.com/security/032654105) | — | $123K | 358.02% |
| [W R Grace & Co](https://search.stillhousedata.com/security/38388F108) | — | $117K | 341.31% |
| [Domtar Corp](https://search.stillhousedata.com/security/257559203) | — | $113K | 327.73% |
| [QTS Realty Trust Inc](https://search.stillhousedata.com/security/74736A103) | — | $111K | 321.48% |
| [Aerojet Rocketdyne Holdings Inc](https://search.stillhousedata.com/security/007800105) | — | $104K | 301.92% |
| [Proofpoint Inc](https://search.stillhousedata.com/security/743424103) | — | $98K | 285.14% |

## Net asset history

| Report date | Net assets |
| --- | --- |
| 2021-08-31 | $3.4M |
| 2021-05-31 | $3.7M |
| 2021-02-28 | $3.7M |
| 2020-11-30 | $2.4M |
| 2020-08-31 | $2.1M |
| 2020-05-31 | $1.9M |
| 2020-02-29 | $1.9M |
| 2019-11-30 | $1.9M |

## More

- [Registrant: ARBITRAGE FUNDS](https://search.stillhousedata.com/registrant/1105076)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/fund/S000047725.md)
- [Search all SEC filings, advisers and people on Adviser Search](https://search.stillhousedata.com/)

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Source: public SEC filing data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.