RAYONIER INC RYN
COM · REIT · CUSIP 754907103 · ISIN US7549071030
Timberland real estate investment trust
- SectorReal estate
- IndustryReal Estate Investment Trusts
- HeadquartersWildlight, FL
- Founded1926
- Websiterayonier.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($6.0m this quarter). Holder counts are more reliable. Shares outstanding: 300.7m as of 2026-05-01, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $21.29. Options: 7 managers hold calls ($7.6m notional), 6 hold puts ($5.3m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 307 |
| Q4 2022 | 321 |
| Q1 2023 | 306 |
| Q2 2023 | 294 |
| Q3 2023 | 285 |
| Q4 2023 | 319 |
| Q1 2024 | 338 |
| Q2 2024 | 320 |
| Q3 2024 | 321 |
| Q4 2024 | 319 |
| Q1 2025 | 358 |
| Q2 2025 | 336 |
| Q3 2025 | 367 |
| Q4 2025 | 361 |
| Q1 2026 | 450 |
| Q2 2026 | 456 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 117 | 156 |
| Q4 2024 | 134 | 140 |
| Q1 2025 | 269 | 107 |
| Q2 2025 | 177 | 162 |
| Q3 2025 | 195 | 145 |
| Q4 2025 | 241 | 163 |
| Q1 2026 | 329 | 123 |
| Q2 2026 | 227 | 206 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $20.8m | $5.7m | 0.27 |
| Q4 2025 | $4.0m | $4.2m | 1.05 |
| Q1 2026 | $7.5m | $7.6m | 1.01 |
| Q2 2026 | $7.6m | $5.3m | 0.70 |
Biggest buyers
| Atlas FRM LLC | Added | +3.5m |
| River Road Asset Management, LLC | New | +2.5m |
| St. James Investment Company, LLC | New | +1.3m |
| Kopernik Global Investors, LLC | Added | +1.1m |
| RAYMOND JAMES FINANCIAL INC | Added | +789.0k |
| UBS Group AG | Added | +621.5k |
| EDMOND DE ROTHSCHILD HOLDING S.A. | New | +605.0k |
| Marathon Asset Management Ltd | New | +483.3k |
| AMERIPRISE FINANCIAL INC | Added | +480.0k |
| FMR LLC | Added | +448.2k |
Biggest sellers
| Caisse de depot et placement du Quebec | Sold out | -1.9m |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -1.7m |
| SOUTHEASTERN ASSET MANAGEMENT INC/TN/ | Reduced | -1.3m |
| GMT Capital Corp | Reduced | -1.2m |
| Pictet Asset Management Holding SA | Reduced | -1.1m |
| Balyasny Asset Management L.P. | Reduced | -697.8k |
| D. E. Shaw & Co., Inc. | Reduced | -676.1k |
| FRANKLIN RESOURCES INC | Reduced | -534.5k |
| VANGUARD PORTFOLIO MANAGEMENT LLC | Reduced | -530.8k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -511.3k |
Biggest calls
| JANE STREET GROUP, LLC | Added | $3.9m183.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.2m56.8k shares |
| CITADEL ADVISORS LLC | Reduced | $959.5k45.1k shares |
| Greenland Capital Management LP | New | $746.9k35.1k shares |
| SIMPLEX TRADING, LLC | Added | $419.2k19.7k shares |
| IMC-Chicago, LLC | Reduced | $349.0k16.4k shares |
| GROUP ONE TRADING LLC | Reduced | $17.0k800 shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $2.2m105.4k shares |
| JANE STREET GROUP, LLC | Added | $1.3m61.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $989.5k46.5k shares |
| IMC-Chicago, LLC | Added | $504.3k23.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $185.1k8.7k shares |
| GROUP ONE TRADING LLC | Unchanged | $74.5k3.5k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution -1.2 pts · filed 2026-04-24 | 9.4% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 8.3% |
| PRICE T ROWE ASSOCIATES INC /MD/ 13G · institution -1.3 pts · filed 2026-05-15 | 5.4% |
| NORGES BANK 13G · institution filed 2026-05-11 | 5.2% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.1% |
Fell to 5% or below in the last year: COHEN & STEERS, INC. (4.2%, 2026-10-07), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 1 | $301.1k | — |
| Q1 2026 | 0 | — | 1 | $3.6m | $3.6m |
| Q2 2026 | 0 | — | 1 | $61.8k | $61.8k |
| Q3 2026 | 0 | — | 1 | $107.4k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-09-10 | Bridwell Mark R EVP, GC and Secretary | Sold | $107.4k5.3k shares |
| 2026-04-20 | WASECHEK WAYNE EVP and CFO | Sold plan | $61.8k2.9k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 29.0m $617.5m | Added +163.4k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.02% of their portfolio | 24.6m $524.5m | Reduced -530.8k |
| COHEN & STEERS, INC. 0.74% of their portfolio | 21.9m $466.8m | Added +245.1k |
| NORGES BANK 0.04% of their portfolio | 17.5m $372.5m | Not comparable |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.03% of their portfolio | 16.3m $346.0m | Added +27.0k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 13.3m $282.6m | Reduced -22.1k |
| Legal & General Group Plc 0.04% of their portfolio | 10.0m $213.6m | Added +285.1k |
| SOUTHEASTERN ASSET MANAGEMENT INC/TN/ 10.54% of their portfolio | 9.5m $202.0m | Reduced -1.3m |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.54% of their portfolio | 9.3m $197.9m | Added +11.4k |
| STATE STREET CORP 0.01% of their portfolio | 9.1m $194.5m | Added +232.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 6.0m $127.6m | Added +170.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 5.1m $108.6m | Added +25.1k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.68% of their portfolio | 5.1m $107.8m | Unchanged |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 4.9m $107.2m | Reduced -16.9k |
| DEPRINCE RACE & ZOLLO INC 1.45% of their portfolio | 4.1m $86.6m | Reduced -91.0k |
| Atlas FRM LLC 3.59% of their portfolio | 3.9m $83.8m | Added +3.5m |
| Pictet Asset Management Holding SA 0.08% of their portfolio | 3.8m $81.8m | Reduced -1.1m |
| NORTHERN TRUST CORP 0.01% of their portfolio | 3.8m $80.0m | Reduced -368.7k |
| Kopernik Global Investors, LLC 4.26% of their portfolio | 3.3m $69.6m | Added +1.1m |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 2.9m $61.1m | Added +480.0k |
| DAVENPORT & Co LLC 0.29% of their portfolio | 2.6m $56.1m | Added +73.2k |
| River Road Asset Management, LLC 0.60% of their portfolio | 2.5m $53.8m | New |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.35% of their portfolio | 2.5m $53.1m | Reduced -116.7k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 2.5m $52.6m | Reduced -103.1k |
| Russell Investments Group, Ltd. 0.05% of their portfolio | 2.4m $51.7m | Reduced -220.2k |
| Global Alpha Capital Management Ltd. 2.65% of their portfolio | 2.1m $44.3m | Reduced -10.3k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 2.0m $42.1m | Reduced -534.5k |
| T. Rowe Price Investment Management, Inc. 0.03% of their portfolio | 1.9m $39.6m | Added +164.1k |
| VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio | 1.8m $37.8m | Added +28.8k |
| MORGAN STANLEY 0.00% of their portfolio | 1.8m $37.8m | Reduced -340.5k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 1.7m $36.2m | Added +789.0k |
| UBS Group AG 0.01% of their portfolio | 1.7m $36.1m | Added +621.5k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.5m $32.2m | Reduced -108.0k |
| Ancora Advisors LLC 0.61% of their portfolio | 1.5m $31.6m | Reduced -86.8k |
| Balyasny Asset Management L.P. 0.06% of their portfolio | 1.5m $31.2m | Reduced -697.8k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 1.4m $30.8m | Reduced -676.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio | 1.4m $29.5m | Added +109.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 1.4m $28.9m | Added +76.0k |
| St. James Investment Company, LLC 4.37% of their portfolio | 1.3m $27.5m | New |
| Focus Partners Wealth 0.03% of their portfolio | 1.3m $27.2m | Added +192.3k |
| Central Securities Corp 2.00% of their portfolio | 1.3m $26.8m | Unchanged |
| GMT Capital Corp 1.32% of their portfolio | 1.2m $25.2m | Reduced -1.2m |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 1.1m $24.5m | Reduced -511.3k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 982.2k $20.9m | Reduced -147.8k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 914.6k $19.5m | Added +391.1k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 792.9k $16.9m | Added +323.2k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 785.5k $16.7m | Reduced -16.7k |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 774.0k $16.5m | Reduced -250.5k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 769.3k $16.4m | Reduced -16.6k |
| Impax Asset Management Group plc 0.10% of their portfolio | 747.0k $15.9m | Reduced -15.5k |
| FMR LLC 0.00% of their portfolio | 721.5k $15.4m | Added +448.2k |
| Invesco Ltd. 0.00% of their portfolio | 713.6k $15.2m | Added +7.0k |
| California Public Employees Retirement System 0.01% of their portfolio | 663.2k $14.1m | Reduced -1.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 628.4k $13.4m | Added +6.6k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 619.1k $13.2m | Added +26.5k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio | 610.6k $13.0m | Added +17.5k |
| Nuveen, LLC 0.00% of their portfolio | 609.4k $13.0m | Reduced -140.5k |
| EDMOND DE ROTHSCHILD HOLDING S.A. 0.17% of their portfolio | 605.0k $12.9m | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 566.6k $12.1m | Added +19.4k |
| Swiss National Bank 0.01% of their portfolio | 546.0k $11.6m | Reduced -21.8k |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 517.8k $10.9m | Added +97.1k |
| Marathon Asset Management Ltd 0.42% of their portfolio | 483.3k $10.3m | New |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio | 451.2k $9.6m | Reduced -148.2k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 438.5k $9.3m | Reduced -161.9k |
| SIRIOS CAPITAL MANAGEMENT L P 1.10% of their portfolio | 426.6k $9.1m | Reduced -5.6k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 416.6k $8.9m | Added +52.3k |
| Columbus Macro, LLC 0.86% of their portfolio | 413.3k $8.8m | Added +21.4k |
| Fisher Asset Management, LLC 0.00% of their portfolio | 410.9k $8.7m | Reduced -10.8k |
| Cetera Investment Advisers 0.01% of their portfolio | 407.3k $8.7m | Added +19.8k |
| Clearbridge Investments, LLC 0.01% of their portfolio | 394.5k $8.4m | Added +1.9k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.15% of their portfolio | 387.1k $8.2m | Added +72.4k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio | 377.6k $8.0m | Added +355.7k |
| Rock Point Advisors, LLC 1.91% of their portfolio | 367.7k $7.8m | Added +6.7k |
| Swedbank AB 0.01% of their portfolio | 348.3k $7.4m | Reduced -61.8k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 341.6k $7.0m | Reduced -76.2k |
| World Investment Advisors 0.12% of their portfolio | 337.9k $7.0m | Reduced -648 |
| Allspring Global Investments Holdings, LLC 0.01% of their portfolio | 336.9k $7.2m | Added +234.1k |
| CONGRESS ASSET MANAGEMENT CO 0.04% of their portfolio | 332.6k $7.1m | Added +3.7k |
| Crossmark Global Holdings, Inc. 0.09% of their portfolio | 325.7k $6.9m | Reduced -11.4k |
| BROWN ADVISORY INC 0.01% of their portfolio | 325.5k $6.9m | Reduced -21.8k |
| HRT FINANCIAL LP 0.02% of their portfolio | 323.4k $6.9m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 314.0k $6.7m | Reduced -23.0k |
| LPL Financial LLC 0.00% of their portfolio | 306.4k $6.5m | Added +117.0k |
| Bernzott Capital Advisors 2.54% of their portfolio | 297.8k $6.3m | Added +7.7k |
| Retirement Systems of Alabama 0.02% of their portfolio | 286.2k $6.1m | Reduced -54.8k |
| HARVEY CAPITAL MANAGEMENT INC 1.23% of their portfolio | 281.6k $6.0m | Added +25.6k |
| Aristotle Atlantic Partners, LLC 0.24% of their portfolio | 275.8k $5.9m | Unchanged |
| MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio | 270.6k $5.8m | Added +31.9k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 268.2k $5.7m | Added +8.7k |
| BFSG, LLC 0.50% of their portfolio | 263.5k $5.6m | Added +4.2k |
| Quantinno Capital Management LP 0.01% of their portfolio | 258.9k $5.5m | Reduced -29.6k |
| Indivisible Partners 0.29% of their portfolio | 241.3k $5.1m | New |
| Holocene Advisors, LP 0.01% of their portfolio | 241.0k $5.1m | Unchanged |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 232.5k $4.9m | Reduced -127.3k |
| INGALLS & SNYDER LLC 0.13% of their portfolio | 220.6k $4.7m | New |
| Walleye Capital LLC 0.02% of their portfolio | 215.0k $4.6m | New |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 211.8k $4.5m | Reduced -23.9k |
| SPEECE THORSON CAPITAL GROUP INC 0.96% of their portfolio | 211.4k $4.5m | New |
| FIDUCIARY COUNSELLING INC 10.92% of their portfolio | 208.1k $4.4m | Added +234 |
| FIRST HORIZON CORP 0.17% of their portfolio | 207.8k $4.4m | Added +728 |