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 $142M invested in Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock in 2019 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
25% more funds holding
Funds holding: 16 → 20 (+4)
22% more capital invested
Capital invested by funds: $116M → $142M (+$25.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$4.19M |
| 2 |
BlackRock
New York
|
+$3.97M |
| 3 |
CAM
Camden Asset Management
Los Angeles,
California
|
+$2.96M |
| 4 |
PSC
Piper Sandler & Co
Minneapolis,
Minnesota
|
+$1.98M |
| 5 |
Citigroup
New York
|
+$1.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$5.93M |
| 2 |
Goldman Sachs
New York
|
-$4.57M |
| 3 |
RCMNY
Rubric Capital Management (New York)
New York
|
-$3.84M |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
-$272K |
| 5 |
DAM
Delta Asset Management
Memphis,
Tennessee
|
-$10K |
RYAM.PRA Hedge Fund Activity: Q1 2019 in Review
20 of the 4,633 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 2019, worth a combined $142M — up 22% from $116M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new RYAM.PRA positions and 2 closed out — a net gain of 4 holders — while 5 added to existing stakes and 3 trimmed.
The largest buyer was D.E. Shaw & Co, adding an estimated $4.19M. The largest seller was Allianz Asset Management, cutting an estimated $5.93M.
- 20 institutional investors held Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock (RYAM.PRA) as of Q1 2019, up from 16 in Q4 2018.
- Funds reported $142M of Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock stock for Q1 2019, up 22% quarter-over-quarter.
- 6 funds opened new Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock positions in Q1 2019 and 2 closed out, a net change of +4 holders.
- The largest Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock buyer in Q1 2019 was D.E. Shaw & Co, an estimated $4.19M added.
- The largest Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock seller in Q1 2019 was Allianz Asset Management, an estimated $5.93M sold.
Based on aggregated 13F filings for Q1 2019.