Rayonier Advanced Materials
RYAM
155 hedge funds and large institutions have $311M invested in Rayonier Advanced Materials in 2021 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 56 increasing their positions, 44 reducing their positions, and 21 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 44
19% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 21
2% more funds holding
Funds holding: 152 → 155 (+3)
1.42% more ownership
Funds ownership: 71.61% → 73.03% (+1.4%)
3% more call options, than puts
Call options by funds: $1.26M | Put options by funds: $1.23M
24% less capital invested
Capital invested by funds: $411M → $311M (-$101M)
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Condire Management
Dallas,
Texas
|
+$21.2M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$4.09M |
| 3 |
Nuveen
Charlotte,
North Carolina
|
+$3.42M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.97M |
| 5 |
Morgan Stanley
New York
|
+$1.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brightline Capital Management
Miami,
Florida
|
-$9.07M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$6.94M |
| 3 |
Renaissance Technologies
New York
|
-$3.88M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$3.31M |
| 5 |
DP
DDD Partners
Bellevue,
Washington
|
-$3.27M |
RYAM Hedge Fund Activity: Q2 2021 in Review
155 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Rayonier Advanced Materials (RYAM) for Q2 2021, worth a combined $311M — down 24% from $411M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new RYAM positions and 21 closed out — a net gain of 4 holders — while 56 added to existing stakes and 44 trimmed.
The largest buyer was Condire Management, opening a new position worth an estimated $21.2M. The largest seller was Brightline Capital Management, exiting entirely with an estimated $9.07M sold.
- 155 institutional investors held Rayonier Advanced Materials (RYAM) as of Q2 2021, up from 152 in Q1 2021.
- Funds reported $311M of Rayonier Advanced Materials stock for Q2 2021, down 24% quarter-over-quarter.
- 25 funds opened new Rayonier Advanced Materials positions in Q2 2021 and 21 closed out, a net change of +4 holders.
- The largest Rayonier Advanced Materials buyer in Q2 2021 was Condire Management, an estimated $21.2M added.
- The largest Rayonier Advanced Materials seller in Q2 2021 was Brightline Capital Management, an estimated $9.07M sold.
Based on aggregated 13F filings for Q2 2021.