Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock
RYAM.PRA
RYAM.PRA was delisted on the 14th of August, 2019.
23 hedge funds and large institutions have $221M invested in Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock in 2018 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 9 reducing their positions, and 2 closing their positions.
4% more capital invested
Capital invested by funds: $213M → $221M (+$7.8M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 24 → 23 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
56% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$6.31M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$6.07M |
| 3 |
Citigroup
New York
|
+$5.54M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$76.1K |
| 5 |
GXMC
Global X Management Company
New York
|
+$45.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$5.8M |
| 2 |
AGC
Angelo Gordon & Co
New York
|
-$5.54M |
| 3 |
SIM
SSI Investment Management
Los Angeles,
California
|
-$2.95M |
| 4 |
ICM
Ionic Capital Management
New York
|
-$2.2M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.37M |
RYAM.PRA Hedge Fund Activity: Q1 2018 in Review
23 of the 4,373 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 Q1 2018, worth a combined $221M — up 3.7% from $213M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of RYAM.PRA and 1 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 4 added.
The largest buyer was Wells Fargo, adding an estimated $6.31M. The largest seller was Credit Suisse, exiting entirely with an estimated $5.8M sold.
- 23 institutional investors held Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock (RYAM.PRA) as of Q1 2018, down from 24 in Q4 2017.
- Funds reported $221M of Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock stock for Q1 2018, up 3.7% quarter-over-quarter.
- 1 fund opened new Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock positions in Q1 2018 and 2 closed out, a net change of -1 holder.
- The largest Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock buyer in Q1 2018 was Wells Fargo, an estimated $6.31M added.
- The largest Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock seller in Q1 2018 was Credit Suisse, an estimated $5.8M sold.
Based on aggregated 13F filings for Q1 2018.