Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock
RYAM.PRA
RYAM.PRA was delisted on the 14th of August, 2019.
19 hedge funds and large institutions have $167M invested in Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock in 2018 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 5 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
16% less capital inflows, than outflows
Capital inflows: $22.5M | Capital outflows: $27M
17% less funds holding
Funds holding: 23 → 19 (-4)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wolverine Asset Management
Chicago,
Illinois
|
+$7.39M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$7.31M |
| 3 |
ES
Equitec Specialists
Chicago,
Illinois
|
+$5.6M |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
+$2.18M |
| 5 |
D.A. Davidson & Co
Great Falls,
Montana
|
+$44.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VSI
Verde Servicos Internacionais
Sao Paulo,
Brazil
|
-$14.1M |
| 2 |
AGC
Angelo Gordon & Co
New York
|
-$4.04M |
| 3 |
ICM
Ionic Capital Management
New York
|
-$4.02M |
| 4 |
SIM
SSI Investment Management
Los Angeles,
California
|
-$3.2M |
| 5 |
MUFG Americas
New York
|
-$1.5M |
RYAM.PRA Hedge Fund Activity: Q2 2018 in Review
19 of the 4,386 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 Q2 2018, worth a combined $167M — down 24% from $221M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of RYAM.PRA and 1 opened new positions — a net loss of 4 holders — while 3 trimmed existing stakes and 4 added.
The largest buyer was Wolverine Asset Management, adding an estimated $7.39M. The largest seller was Verde Servicos Internacionais, exiting entirely with an estimated $14.1M sold.
- 19 institutional investors held Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock (RYAM.PRA) as of Q2 2018, down from 23 in Q1 2018.
- Funds reported $167M of Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock stock for Q2 2018, down 24% quarter-over-quarter.
- 1 fund opened new Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock positions in Q2 2018 and 5 closed out, a net change of -4 holders.
- The largest Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock buyer in Q2 2018 was Wolverine Asset Management, an estimated $7.39M added.
- The largest Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock seller in Q2 2018 was Verde Servicos Internacionais, an estimated $14.1M sold.
Based on aggregated 13F filings for Q2 2018.