Rayonier
404 hedge funds and large institutions have $3.35B invested in Rayonier in 2014 Q2 according to their latest regulatory filings, with 42 funds opening new positions, 39 increasing their positions, 323 reducing their positions, and 54 closing their positions.
116% more call options, than puts
Call options by funds: $7.43M | Put options by funds: $3.44M
4% less funds holding
Funds holding: 419 → 404 (-15)
22% less capital invested
Capital invested by funds: $4.29B → $3.35B (-$933M)
22% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 54
27.21% less ownership
Funds ownership: 109.39% → 82.18% (-27%)
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
88% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 323
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
+$38.9M |
| 2 |
ACM
Abrams Capital Management
Boston,
Massachusetts
|
+$31.8M |
| 3 |
GAM
Goldentree Asset Management
New York
|
+$27.3M |
| 4 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
+$26.9M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$85.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$78.9M |
| 3 |
JP Morgan Chase
New York
|
-$77.8M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$57.5M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$56.4M |
RYN Hedge Fund Activity: Q2 2014 in Review
404 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Rayonier (RYN) for Q2 2014, worth a combined $3.35B — down 22% from $4.29B a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of RYN and 42 opened new positions — a net loss of 12 holders — while 323 trimmed existing stakes and 39 added.
The largest buyer was Highfields Capital Management, opening a new position worth an estimated $38.9M. The largest seller was Vanguard Group, cutting an estimated $85.2M.
- 404 institutional investors held Rayonier (RYN) as of Q2 2014, down from 419 in Q1 2014.
- Funds reported $3.35B of Rayonier stock for Q2 2014, down 22% quarter-over-quarter.
- 42 funds opened new Rayonier positions in Q2 2014 and 54 closed out, a net change of -12 holders.
- The largest Rayonier buyer in Q2 2014 was Highfields Capital Management, an estimated $38.9M added.
- The largest Rayonier seller in Q2 2014 was Vanguard Group, an estimated $85.2M sold.
Based on aggregated 13F filings for Q2 2014.