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 ($910.8k this quarter). Holder counts are more reliable. Shares outstanding: 149.0m as of 2024-08-02, 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 ≈ $29.08. Options: 8 managers hold calls ($10.2m notional), 4 hold puts ($3.1m).
Trends to Q2 2024
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 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 157 | 104 |
| Q1 2023 | 123 | 133 |
| Q2 2023 | 106 | 138 |
| Q3 2023 | 91 | 148 |
| Q4 2023 | 130 | 124 |
| Q1 2024 | 151 | 131 |
| Q2 2024 | 130 | 172 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $3.3m | $2.6m | 0.80 |
| Q4 2023 | $9.0m | $534.6k | 0.06 |
| Q1 2024 | $4.4m | $182.8k | 0.04 |
| Q2 2024 | $10.2m | $3.1m | 0.30 |
Biggest buyers
| COHEN & STEERS, INC. | Added | +1.4m |
| Impax Asset Management Group plc | Added | +1.0m |
| Balyasny Asset Management L.P. | Added | +932.0k |
| Teramo Advisors, LLC | New | +320.0k |
| MILLENNIUM MANAGEMENT LLC | Added | +272.3k |
| Invesco Ltd. | Added | +239.1k |
| Global Alpha Capital Management Ltd. | Added | +183.0k |
| Nuveen Asset Management, LLC | Added | +178.4k |
| ROYAL BANK OF CANADA | Added | +168.8k |
| Central Securities Corp | Added | +150.0k |
Biggest sellers
| MORGAN STANLEY | Reduced | -1.2m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -1.0m |
| MARSHALL WACE, LLP | Reduced | -380.0k |
| DEUTSCHE BANK AG\ | Reduced | -249.3k |
| Russell Investments Group, Ltd. | Reduced | -230.0k |
| Pictet Asset Management Holding SA | Reduced | -224.3k |
| VANGUARD GROUP INC | Reduced | -203.3k |
| CONFLUENCE INVESTMENT MANAGEMENT LLC | Reduced | -193.8k |
| AMERICAN INTERNATIONAL GROUP, INC. | Sold out | -180.7k |
| CITADEL ADVISORS LLC | Reduced | -174.7k |
Biggest calls
| JANE STREET GROUP, LLC | New | $6.7m231.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $980.3k33.7k shares |
| CITADEL ADVISORS LLC | Reduced | $925.1k31.8k shares |
| SIMPLEX TRADING, LLC | Added | $570.0k19.6k shares |
| GROUP ONE TRADING LLC | Added | $436.4k15.0k shares |
| WOLVERINE TRADING, LLC | New | $360.7k12.4k shares |
| FIFTH LANE CAPITAL, LP | New | $163.2k30.0k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| D. E. Shaw & Co., Inc. | New | $2.9m100.0k shares |
| CITADEL ADVISORS LLC | Reduced | $157.1k5.4k shares |
| SIMPLEX TRADING, LLC | New | $31.0k1.1k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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 in Q2 2024
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 |
|---|---|---|---|---|---|
| Q3 2022 | 0 | — | 1 | $285.0k | — |
| Q4 2022 | 0 | — | 1 | $53.9k | — |
| Q1 2023 | 0 | — | 1 | $2.3m | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 20.6m $599.2m | Reduced -203.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.06% of their portfolio | 16.3m $474.5m | Added +17.1k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 13.6m $395.2m | Added +6.5k |
| NORGES BANK 0.06% of their portfolio | 13.1m $382.3m | Unchanged |
| BlackRock Inc. 0.01% of their portfolio | 12.7m $369.9m | Reduced -27.8k |
| COHEN & STEERS, INC. 0.51% of their portfolio | 8.4m $243.0m | Added +1.4m |
| Impax Asset Management Group plc 0.80% of their portfolio | 6.8m $197.2m | Added +1.0m |
| STATE STREET CORP 0.01% of their portfolio | 4.2m $121.5m | Added +23.2k |
| Pictet Asset Management Holding SA 0.13% of their portfolio | 3.8m $110.0m | Reduced -224.3k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.57% of their portfolio | 3.2m $94.0m | Unchanged |
| VICTORY CAPITAL MANAGEMENT INC 0.09% of their portfolio | 3.0m $85.9m | Reduced -172.7k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.02% of their portfolio | 2.7m $77.3m | Reduced -1.0m |
| Legal & General Group Plc 0.02% of their portfolio | 2.6m $76.8m | Added +58.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 2.6m $76.0m | Added +61.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 2.4m $70.8m | Added +27.2k |
| CONFLUENCE INVESTMENT MANAGEMENT LLC 0.89% of their portfolio | 2.1m $61.8m | Reduced -193.8k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 0.23% of their portfolio | 1.8m $53.7m | Reduced -15.1k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.3m $39.2m | Added +78.5k |
| Balyasny Asset Management L.P. 0.09% of their portfolio | 1.2m $36.2m | Added +932.0k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.2m $36.1m | Added +10.5k |
| Central Securities Corp 3.30% of their portfolio | 1.1m $33.5m | Added +150.0k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.13% of their portfolio | 1.0m $30.0m | Reduced -13.0k |
| Global Alpha Capital Management Ltd. 2.13% of their portfolio | 1.0m $29.2m | Added +183.0k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 752.8k $21.9m | Added +272.3k |
| MORGAN STANLEY 0.00% of their portfolio | 661.0k $19.2m | Reduced -1.2m |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 594.9k $17.3m | Added +178.4k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 576.7k $16.8m | Reduced -14.6k |
| J. Safra Sarasin Holding AG 0.28% of their portfolio | 527.3k $15.3m | First filing |
| Invesco Ltd. 0.00% of their portfolio | 516.8k $15.0m | Added +239.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 456.9k $13.3m | Reduced -57.6k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 449.3k $13.1m | Added +11.6k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 429.6k $12.5m | Reduced -10.0k |
| Teramo Advisors, LLC 4.61% of their portfolio | 320.0k $9.3m | New |
| THIRD AVENUE MANAGEMENT LLC 1.58% of their portfolio | 315.8k $9.2m | Reduced -23.6k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 311.3k $9.1m | Reduced -230.0k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 311.1k $9.0m | Added +168.8k |
| Point72 Asset Management, L.P. 0.03% of their portfolio | 302.5k $8.8m | Reduced -146.6k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 298.4k $8.7m | Reduced -81.9k |
| California Public Employees Retirement System 0.01% of their portfolio | 293.7k $8.5m | Added +14.9k |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 283.9k $8.3m | Added +70.1k |
| Swiss National Bank 0.01% of their portfolio | 278.2k $8.1m | Unchanged |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 253.8k $7.4m | Added +60.5k |
| FIRETRAIL INVESTMENTS PTY LTD 2.16% of their portfolio | 244.6k $7.1m | Added +137.1k |
| Corient Private Wealth LP 0.01% of their portfolio | 224.7k $6.7m | Reduced -6.5k |
| Socorro Asset Management LP 2.36% of their portfolio | 208.4k $6.1m | Unchanged |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 208.2k $6.1m | Reduced -36.6k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 194.1k $5.6m | Reduced -6.4k |
| Robeco Institutional Asset Management B.V. 0.01% of their portfolio | 182.6k $5.3m | Reduced -12.4k |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 174.6k $5.1m | Added +94.1k |
| Corebridge Financial, Inc. 0.03% of their portfolio | 173.3k $5.0m | First filing |
| Retirement Systems of Alabama 0.02% of their portfolio | 169.0k $4.9m | Reduced -2.3k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 168.3k $4.9m | Reduced -9.0k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 151.5k $4.4m | Reduced -7.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 138.3k $4.0m | Reduced -3.3k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 120.5k $3.5m | Added +72.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 117.7k $3.4m | Reduced -55.6k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 115.0k $3.3m | Added +54.0k |
| WINTON GROUP Ltd 0.22% of their portfolio | 112.6k $3.3m | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 105.5k $3.1m | Reduced -249.3k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 100.7k $2.9m | Reduced -148.1k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 99.8k $2.9m | Added +70.4k |
| ALGERT GLOBAL LLC 0.10% of their portfolio | 98.4k $2.9m | Added +14.2k |
| NISA INVESTMENT ADVISORS, LLC 0.02% of their portfolio | 97.8k $2.8m | Added +1.0k |
| Amundi 0.00% of their portfolio | 87.5k $2.5m | Reduced -71.3k |
| State of Alaska, Department of Revenue 0.03% of their portfolio | 86.2k $2.5m | Added +1.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 85.9k $2.5m | Reduced -75.5k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 85.7k $2.5m | Added +6.3k |
| HORIZON KINETICS ASSET MANAGEMENT LLC 0.04% of their portfolio | 85.2k $2.5m | Added +2.2k |
| Tidal Investments LLC 0.03% of their portfolio | 84.1k $2.4m | Added +19.0k |
| HighTower Advisors, LLC 0.00% of their portfolio | 82.9k $2.4m | Added +3.2k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 82.1k $2.4m | Reduced -380.0k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 81.5k $2.4m | Added +63.0k |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 81.5k $2.4m | Reduced -16.5k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 80.9k $2.4m | Added +28 |
| AMALGAMATED BANK 0.02% of their portfolio | 79.9k $2.3m | Added +4.7k |
| Ancora Advisors LLC 0.06% of their portfolio | 79.1k $2.3m | Added +76.2k |
| KARPAS STRATEGIES, LLC 0.72% of their portfolio | 78.5k $2.3m | Reduced -131 |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 78.4k $2.3m | Reduced -2.9k |
| Bollard Group LLC 0.06% of their portfolio | 77.3k $2.2m | Added +6.1k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 77.1k $2.2m | Added +17.6k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 76.6k $2.2m | Added +42.5k |
| MetLife Investment Management, LLC 0.01% of their portfolio | 72.3k $2.1m | Reduced -2.8k |
| Old Port Advisors 0.62% of their portfolio | 71.3k $2.1m | Reduced -980 |
| BFSG, LLC 0.26% of their portfolio | 69.7k $2.0m | Reduced -2.6k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 69.5k $2.0m | Reduced -212 |
| Ensign Peak Advisors, Inc 0.00% of their portfolio | 69.0k $2.0m | Added +8.4k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 65.8k $1.9m | Reduced -761 |
| BARCLAYS PLC 0.00% of their portfolio | 65.4k $1.9m | Reduced -86.5k |
| UBS Group AG 0.00% of their portfolio | 65.3k $1.9m | Reduced -60.9k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 64.3k $1.9m | Reduced -17.4k |
| Treasurer of the State of North Carolina 0.01% of their portfolio | 64.3k $1.9m | Reduced -1.3k |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO 0.02% of their portfolio | 63.0k $1.8m | Unchanged |
| Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio | 60.7k $1.8m | Reduced -14.0k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio | 58.2k $1.7m | Added +218 |
| YOUSIF CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 57.7k $1.7m | Reduced -4.6k |
| Verition Fund Management LLC 0.01% of their portfolio | 55.7k $1.6m | Reduced -27.6k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 50.5k $1.5m | Reduced -6.3k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.01% of their portfolio | 50.3k $1.5m | Unchanged |
| Jump Financial, LLC 0.03% of their portfolio | 48.1k $1.4m | Added +17.8k |
| STRS OHIO 0.01% of their portfolio | 47.0k $1.4m | New |