Piermont Capital Management’s Rayonier Advanced Materials RYAM Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-102,737	Closed	-$1.37M	–	275
2016 Q3	$1.37M	Buy	102,737 +29,540	+40%	+$395K	0.33%	115
2016 Q2	$995K	Buy	+73,197	New	+$995K	0.26%	150