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 ($4.5m this quarter). Holder counts are more reliable. Shares outstanding: 155.8m as of 2025-04-25, 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 ≈ $27.87. Options: 7 managers hold calls ($6.5m notional), 6 hold puts ($2.7m).
Trends to Q1 2025
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 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 106 | 138 |
| Q3 2023 | 91 | 148 |
| Q4 2023 | 130 | 124 |
| Q1 2024 | 151 | 131 |
| Q2 2024 | 130 | 172 |
| Q3 2024 | 117 | 156 |
| Q4 2024 | 134 | 140 |
| Q1 2025 | 269 | 107 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $10.2m | $3.1m | 0.30 |
| Q3 2024 | $16.7m | $12.4m | 0.74 |
| Q4 2024 | $7.4m | $1.9m | 0.25 |
| Q1 2025 | $6.5m | $2.7m | 0.41 |
Biggest buyers
| BlackRock, Inc. | Added | +2.3m |
| AQR CAPITAL MANAGEMENT LLC | Added | +1.4m |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | Added | +971.2k |
| Universal- Beteiligungs- und Servicegesellschaft mbH | New | +845.8k |
| JPMORGAN CHASE & CO | Added | +751.4k |
| COHEN & STEERS, INC. | Added | +696.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | New | +687.3k |
| NORGES BANK | Added | +588.2k |
| VANGUARD GROUP INC | Added | +456.4k |
| Focus Partners Wealth | New | +427.3k |
Biggest sellers
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Sold out | -3.4m |
| Diamond Hill Capital Management, LLC (Investment Advisor) | Sold out | -1.5m |
| DEUTSCHE BANK AG\ | Reduced | -1.2m |
| Balyasny Asset Management L.P. | Reduced | -736.4k |
| Impax Asset Management Group plc | Reduced | -736.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -674.9k |
| JANE STREET GROUP, LLC | Sold out | -236.7k |
| ExodusPoint Capital Management, LP | Sold out | -181.1k |
| Teramo Advisors, LLC | Reduced | -144.3k |
| Russell Investments Group, Ltd. | Reduced | -139.7k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $2.5m90.5k shares |
| JANE STREET GROUP, LLC | Reduced | $1.3m46.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.3m45.0k shares |
| SIMPLEX TRADING, LLC | Added | $1.0m37.0k shares |
| GROUP ONE TRADING LLC | Reduced | $256.5k9.2k shares |
| PEAK6 LLC | Reduced | $126.4k4.5k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| PEAK6 LLC | Unchanged | $1.4m50.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $549.2k19.7k shares |
| CITADEL ADVISORS LLC | Added | $442.7k15.9k shares |
| SIMPLEX TRADING, LLC | Added | $278.0k10.0k shares |
| GROUP ONE TRADING LLC | New | $2.8k100 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 Q1 2025
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 |
|---|---|---|---|---|---|
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 1 | $673.9k | $673.9k |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
None reported in Q1 2025.
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 20.9m $581.7m | Added +456.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.06% of their portfolio | 17.0m $473.4m | Reduced -674.9k |
| BlackRock, Inc. 0.01% of their portfolio | 16.1m $448.2m | Added +2.3m |
| NORGES BANK 0.05% of their portfolio | 13.7m $382.8m | Added +588.2k |
| COHEN & STEERS, INC. 0.64% of their portfolio | 12.5m $347.5m | Added +696.0k |
| Impax Asset Management Group plc 0.87% of their portfolio | 5.2m $144.7m | Reduced -736.1k |
| STATE STREET CORP 0.01% of their portfolio | 4.7m $130.8m | Added +192.6k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.72% of their portfolio | 4.2m $117.2m | Added +971.2k |
| Pictet Asset Management Holding SA 0.12% of their portfolio | 4.0m $112.1m | Added +339.3k |
| Legal & General Group Plc 0.03% of their portfolio | 3.4m $94.0m | Added +262.9k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 2.9m $81.8m | Added +751.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 2.8m $79.1m | Added +205.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 2.6m $72.7m | Added +118.4k |
| VICTORY CAPITAL MANAGEMENT INC 0.07% of their portfolio | 2.5m $70.1m | Added +304.8k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.6m $44.1m | Added +38.7k |
| MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio | 1.5m $42.0m | Added +411.6k |
| AQR CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 1.5m $42.0m | Added +1.4m |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 1.5m $42.0m | Added +320.6k |
| Global Alpha Capital Management Ltd. 2.83% of their portfolio | 1.4m $38.8m | Added +241.2k |
| GRS Advisors, LLC 3.93% of their portfolio | 1.4m $37.8m | Added +237.1k |
| Central Securities Corp 3.19% of their portfolio | 1.2m $33.5m | Added +51.5k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.1m $31.6m | Added +55.4k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.11% of their portfolio | 1.0m $29.1m | Added +39.4k |
| Nuveen, LLC 0.01% of their portfolio | 939.3k $26.2m | First filing |
| MORGAN STANLEY 0.00% of their portfolio | 886.4k $24.7m | Added +92.3k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.05% of their portfolio | 845.8k $23.6m | New |
| Invesco Ltd. 0.00% of their portfolio | 739.1k $20.6m | Added +368.7k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio | 687.3k $19.2m | New |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 619.9k $17.3m | Reduced -1.2m |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 573.3k $16.0m | Reduced -139.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 554.6k $15.5m | Added +131.0k |
| UBS Group AG 0.00% of their portfolio | 524.6k $14.6m | Added +287.9k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 519.8k $14.5m | Added +52.3k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 447.1k $12.5m | Added +162.7k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 437.4k $12.2m | Added +15.7k |
| Focus Partners Wealth 0.03% of their portfolio | 427.3k $11.9m | New |
| FIRETRAIL INVESTMENTS PTY LTD 3.42% of their portfolio | 417.2k $11.8m | Added +32.7k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 397.8k $11.1m | Added +319.5k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 374.8k $10.5m | Reduced -29.1k |
| Ancora Advisors LLC 0.23% of their portfolio | 372.9k $10.4m | Added +25.3k |
| Crossmark Global Holdings, Inc. 0.16% of their portfolio | 329.8k $9.2m | Added +39.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 324.0k $9.0m | Added +15.4k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 322.1k $9.0m | Reduced -107.2k |
| California Public Employees Retirement System 0.01% of their portfolio | 301.1k $8.4m | Added +9.4k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 294.3k $8.2m | Added +179.7k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 290.3k $8.1m | Added +275.9k |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 281.0k $7.8m | Added +137.0k |
| Point72 Asset Management, L.P. 0.02% of their portfolio | 276.4k $7.7m | Added +59.1k |
| Swiss National Bank 0.01% of their portfolio | 274.2k $7.6m | Reduced -18.2k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.26% of their portfolio | 267.4k $7.5m | Added +65.3k |
| THIRD AVENUE MANAGEMENT LLC 1.45% of their portfolio | 258.5k $7.2m | Reduced -57.3k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 248.4k $6.9m | Added +62.1k |
| FMR LLC 0.00% of their portfolio | 233.3k $6.5m | Added +225.9k |
| Robeco Institutional Asset Management B.V. 0.01% of their portfolio | 212.1k $5.9m | Added +33.0k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 207.8k $5.8m | Added +147.7k |
| BARCLAYS PLC 0.00% of their portfolio | 207.1k $5.8m | Added +98.0k |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 192.3k $5.4m | Reduced -3.1k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio | 175.9k $4.9m | New |
| Teramo Advisors, LLC 1.99% of their portfolio | 175.7k $4.9m | Reduced -144.3k |
| Retirement Systems of Alabama 0.02% of their portfolio | 171.0k $4.8m | Added +8.0k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 166.1k $4.6m | Added +8.6k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 159.8k $4.5m | Reduced -4.2k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 159.3k $4.4m | Added +7.7k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 159.1k $4.4m | Added +36.3k |
| IEQ CAPITAL, LLC 0.04% of their portfolio | 158.6k $4.4m | New |
| Corebridge Financial, Inc. 0.02% of their portfolio | 155.3k $4.3m | Added +3.4k |
| WESTWOOD HOLDINGS GROUP INC 0.03% of their portfolio | 146.3k $4.1m | Added +6.3k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 144.2k $4.0m | Added +9.8k |
| Holocene Advisors, LP 0.01% of their portfolio | 132.1k $3.7m | Added +43.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 127.7k $3.6m | Reduced -5.7k |
| Uniplan Investment Counsel, Inc. 0.32% of their portfolio | 119.1k $3.3m | New |
| WINTON GROUP Ltd 0.20% of their portfolio | 117.8k $3.3m | Added +4.9k |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 103.6k $2.9m | Added +51.7k |
| Tidal Investments LLC 0.02% of their portfolio | 98.1k $2.7m | Added +3 |
| Bollard Group LLC 0.07% of their portfolio | 95.6k $2.7m | Added +2.8k |
| State of Alaska, Department of Revenue 0.03% of their portfolio | 91.8k $2.6m | Added +2.1k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 89.5k $2.5m | Reduced -3.2k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 88.9k $2.5m | Added +10.0k |
| Sequoia Financial Advisors, LLC 0.02% of their portfolio | 82.3k $2.3m | Added +3.7k |
| NISA INVESTMENT ADVISORS, LLC 0.01% of their portfolio | 79.4k $2.2m | Reduced -5.6k |
| State of Tennessee, Department of Treasury 0.01% of their portfolio | 78.9k $2.2m | Added +3.5k |
| HighTower Advisors, LLC 0.00% of their portfolio | 78.7k $2.2m | Added +12.1k |
| MetLife Investment Management, LLC 0.01% of their portfolio | 78.3k $2.2m | Added +2.3k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 77.4k $2.2m | Added +66.4k |
| Gotham Asset Management, LLC 0.02% of their portfolio | 75.6k $2.1m | New |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 74.1k $2.1m | Added +4.3k |
| Amundi 0.00% of their portfolio | 74.1k $2.0m | Reduced -34.5k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 72.3k $2.0m | Added +1.5k |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO 0.02% of their portfolio | 72.2k $2.0m | Added +3.1k |
| Old Port Advisors 0.60% of their portfolio | 72.0k $2.0m | Added +2.6k |
| ALGERT GLOBAL LLC 0.05% of their portfolio | 71.8k $2.0m | New |
| BFSG, LLC 0.24% of their portfolio | 71.5k $2.0m | Added +4.4k |
| Treasurer of the State of North Carolina 0.01% of their portfolio | 70.5k $2.0m | Added +2.8k |
| Cerity Partners LLC 0.00% of their portfolio | 68.5k $1.9m | Added +31.9k |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 66.5k $1.9m | New |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.01% of their portfolio | 66.3k $1.8m | Added +37.0k |
| Versor Investments LP 0.30% of their portfolio | 65.5k $1.8m | New |
| AMALGAMATED BANK 0.02% of their portfolio | 65.2k $1.8m | Added +397 |
| CWM, LLC 0.01% of their portfolio | 62.7k $1.7m | Added +59.2k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 62.7k $1.7m | Reduced -3.2k |