Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock
RYAM.PRA
RYAM.PRA was delisted on the 14th of August, 2019.
24 hedge funds and large institutions have $171M invested in Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock in 2016 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 4 reducing their positions, and 8 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 4
13% more capital invested
Capital invested by funds: $151M → $171M (+$19.7M)
11% less funds holding
Funds holding: 27 → 24 (-3)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$18.8M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$12.9M |
| 3 |
SG Americas Securities
New York
|
+$8.71M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$7.22M |
| 5 |
CAM
Camden Asset Management
Los Angeles,
California
|
+$4.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$14M |
| 2 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$8.6M |
| 3 |
Citigroup
New York
|
-$8.48M |
| 4 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$6.29M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$5.6M |
RYAM.PRA Hedge Fund Activity: Q4 2016 in Review
24 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock (RYAM.PRA) for Q4 2016, worth a combined $171M — up 13% from $151M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of RYAM.PRA and 5 opened new positions — a net loss of 3 holders — while 4 trimmed existing stakes and 8 added.
The largest buyer was BlackRock Fund Advisors, opening a new position worth an estimated $18.8M. The largest seller was Allianz Asset Management, cutting an estimated $14M.
- 24 institutional investors held Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock (RYAM.PRA) as of Q4 2016, down from 27 in Q3 2016.
- Funds reported $171M of Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock stock for Q4 2016, up 13% quarter-over-quarter.
- 5 funds opened new Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock positions in Q4 2016 and 8 closed out, a net change of -3 holders.
- The largest Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock buyer in Q4 2016 was BlackRock Fund Advisors, an estimated $18.8M added.
- The largest Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock seller in Q4 2016 was Allianz Asset Management, an estimated $14M sold.
Based on aggregated 13F filings for Q4 2016.