Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock
RYAM.PRA
RYAM.PRA was delisted on the 14th of August, 2019.
20 hedge funds and large institutions have $155M invested in Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock in 2017 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 2 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
9% less funds holding
Funds holding: 22 → 20 (-2)
11% less capital invested
Capital invested by funds: $174M → $155M (-$18.9M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Ionic Capital Management
New York
|
+$5.73M |
| 2 |
Goldman Sachs
New York
|
+$4.52M |
| 3 |
VSI
Verde Servicos Internacionais
Sao Paulo,
Brazil
|
+$2.08M |
| 4 |
BlackRock
New York
|
+$1.21M |
| 5 |
ES
Equitec Specialists
Chicago,
Illinois
|
+$150K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$4.26M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$3.69M |
| 3 |
OTC
Opera Trading Capital
Paris,
France
|
-$2.71M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.19M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.07M |
RYAM.PRA Hedge Fund Activity: Q3 2017 in Review
20 of the 4,022 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 Q3 2017, worth a combined $155M — down 11% from $174M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of RYAM.PRA and 0 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 7 added.
The largest buyer was Ionic Capital Management, adding an estimated $5.73M. The largest seller was Credit Suisse, cutting an estimated $4.26M.
- 20 institutional investors held Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock (RYAM.PRA) as of Q3 2017, down from 22 in Q2 2017.
- Funds reported $155M of Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock stock for Q3 2017, down 11% quarter-over-quarter.
- 0 funds opened new Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock positions in Q3 2017 and 2 closed out, a net change of -2 holders.
- The largest Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock buyer in Q3 2017 was Ionic Capital Management, an estimated $5.73M added.
- The largest Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock seller in Q3 2017 was Credit Suisse, an estimated $4.26M sold.
Based on aggregated 13F filings for Q3 2017.