Rayonier Advanced Materials
RYAM
148 hedge funds and large institutions have $184M invested in Rayonier Advanced Materials in 2023 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 35 increasing their positions, 56 reducing their positions, and 17 closing their positions.
47% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 17
5% more capital invested
Capital invested by funds: $175M → $184M (+$9.13M)
5% more funds holding
Funds holding: 141 → 148 (+7)
6.41% less ownership
Funds ownership: 76.08% → 69.67% (-6.4%)
38% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 56
90% less call options, than puts
Call options by funds: $684K | Put options by funds: $6.83M
Top Buyers
| 1 |
CM
CastleKnight Management
New York
|
+$5.89M |
| 2 |
Morgan Stanley
New York
|
+$1.94M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$1.5M |
| 4 |
BlackRock
New York
|
+$1.28M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
+$1.26M |
Top Sellers
| 1 |
Millennium Management
New York
|
-$3.96M |
| 2 |
SAM
Soviero Asset Management
New York
|
-$2.69M |
| 3 |
MVP
Medina Value Partners
Los Angeles,
California
|
-$2.31M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$2.13M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$1.84M |
RYAM Hedge Fund Activity: Q4 2023 in Review
148 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Rayonier Advanced Materials (RYAM) for Q4 2023, worth a combined $184M — up 5.2% from $175M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new RYAM positions and 17 closed out — a net gain of 8 holders — while 35 added to existing stakes and 56 trimmed.
The largest buyer was CastleKnight Management, adding an estimated $5.89M. The largest seller was Millennium Management, cutting an estimated $3.96M.
- 148 institutional investors held Rayonier Advanced Materials (RYAM) as of Q4 2023, up from 141 in Q3 2023.
- Funds reported $184M of Rayonier Advanced Materials stock for Q4 2023, up 5.2% quarter-over-quarter.
- 25 funds opened new Rayonier Advanced Materials positions in Q4 2023 and 17 closed out, a net change of +8 holders.
- The largest Rayonier Advanced Materials buyer in Q4 2023 was CastleKnight Management, an estimated $5.89M added.
- The largest Rayonier Advanced Materials seller in Q4 2023 was Millennium Management, an estimated $3.96M sold.
Based on aggregated 13F filings for Q4 2023.