Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock
RYAM.PRA
RYAM.PRA was delisted on the 14th of August, 2019.
13 hedge funds and large institutions have $70.6M invested in Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock in 2019 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 8 closing their positions.
20% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 5
35% less funds holding
Funds holding: 20 → 13 (-7)
40% less capital inflows, than outflows
Capital inflows: $14.7M | Capital outflows: $24.6M
88% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 8
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Weiss Asset Management
Boston,
Massachusetts
|
+$9.45M |
| 2 |
BlackRock
New York
|
+$2.97M |
| 3 |
Citigroup
New York
|
+$2.15M |
| 4 |
D.A. Davidson & Co
Great Falls,
Montana
|
+$59.9K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$27K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$5.92M |
| 2 |
D.E. Shaw & Co
New York
|
-$5.19M |
| 3 |
CAM
Camden Asset Management
Los Angeles,
California
|
-$2.93M |
| 4 |
Palisade Capital Management
Fort Lee,
New Jersey
|
-$2.76M |
| 5 |
PSC
Piper Sandler & Co
Minneapolis,
Minnesota
|
-$1.97M |
RYAM.PRA Hedge Fund Activity: Q2 2019 in Review
13 of the 4,626 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 2019, worth a combined $70.6M — down 50% from $142M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of RYAM.PRA and 1 opened new positions — a net loss of 7 holders — while 5 trimmed existing stakes and 4 added.
The largest buyer was Weiss Asset Management, opening a new position worth an estimated $9.45M. The largest seller was Allianz Asset Management, exiting entirely with an estimated $5.92M sold.
- 13 institutional investors held Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock (RYAM.PRA) as of Q2 2019, down from 20 in Q1 2019.
- Funds reported $70.6M of Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock stock for Q2 2019, down 50% quarter-over-quarter.
- 1 fund opened new Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock positions in Q2 2019 and 8 closed out, a net change of -7 holders.
- The largest Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock buyer in Q2 2019 was Weiss Asset Management, an estimated $9.45M added.
- The largest Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock seller in Q2 2019 was Allianz Asset Management, an estimated $5.92M sold.
Based on aggregated 13F filings for Q2 2019.