Willis Investment Counsel’s Rayonier Advanced Materials RYAM Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q3	–	Sell	-282,880	Closed	-$4.6M	–	133
2015 Q2	$4.6M	Buy	282,880 +166,215	+142%	+$2.7M	0.44%	93
2015 Q1	$1.74M	Buy	116,665 +27,915	+31%	+$416K	0.16%	115
2014 Q4	$1.98M	Sell	88,750 -30,350	-25%	-$677K	0.19%	105
2014 Q3	$3.92M	Buy	+119,100	New	+$3.92M	0.41%	77