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 $213M invested in Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock in 2017 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
20% more funds holding
Funds holding: 20 → 24 (+4)
7% more capital inflows, than outflows
Capital inflows: $26.2M | Capital outflows: $24.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rubric Capital Management (New York)
New York
|
+$6.12M |
| 2 |
Wolverine Asset Management
Chicago,
Illinois
|
+$4.89M |
| 3 |
ES
Equitec Specialists
Chicago,
Illinois
|
+$4.62M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$3.86M |
| 5 |
Palisade Capital Management
Fort Lee,
New Jersey
|
+$2.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$20.7M |
| 2 |
OTC
Opera Trading Capital
Paris,
France
|
-$2.08M |
| 3 |
ICM
Ionic Capital Management
New York
|
-$1.59M |
| 4 |
LTI
Laffer Tengler Investments
Nashville,
Tennessee
|
-$20.7K |
| 5 |
DAM
Delta Asset Management
Memphis,
Tennessee
|
-$13K |
RYAM.PRA Hedge Fund Activity: Q4 2017 in Review
24 of the 4,420 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 2017, worth a combined $213M — up 38% from $155M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new RYAM.PRA positions and 3 closed out — a net gain of 4 holders — while 6 added to existing stakes and 4 trimmed.
The largest buyer was Rubric Capital Management (New York), opening a new position worth an estimated $6.12M. The largest seller was BlackRock, exiting entirely with an estimated $20.7M sold.
- 24 institutional investors held Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock (RYAM.PRA) as of Q4 2017, up from 20 in Q3 2017.
- Funds reported $213M of Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock stock for Q4 2017, up 38% quarter-over-quarter.
- 7 funds opened new Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock positions in Q4 2017 and 3 closed out, a net change of +4 holders.
- The largest Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock buyer in Q4 2017 was Rubric Capital Management (New York), an estimated $6.12M added.
- The largest Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock seller in Q4 2017 was BlackRock, an estimated $20.7M sold.
Based on aggregated 13F filings for Q4 2017.