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 ($3.5m this quarter). Holder counts are more reliable. Shares outstanding: 154.2m as of 2025-08-01, 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 ≈ $22.16. Options: 6 managers hold calls ($3.7m notional), 5 hold puts ($3.9m).
Trends to Q2 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 |
| Q2 2025 | 336 |
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 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 |
| Q2 2025 | 177 | 162 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $16.7m | $12.4m | 0.74 |
| Q4 2024 | $7.4m | $1.9m | 0.25 |
| Q1 2025 | $6.5m | $2.7m | 0.41 |
| Q2 2025 | $3.7m | $3.9m | 1.06 |
Biggest buyers
| Legal & General Group Plc | Added | +823.3k |
| JPMORGAN CHASE & CO | Added | +754.1k |
| Qube Research & Technologies Ltd | Added | +723.7k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | Added | +639.0k |
| COHEN & STEERS, INC. | Added | +571.7k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Added | +469.5k |
| Balyasny Asset Management L.P. | Added | +457.4k |
| VICTORY CAPITAL MANAGEMENT INC | Added | +446.7k |
| Invenomic Capital Management LP | New | +446.1k |
| Global Alpha Capital Management Ltd. | Added | +308.2k |
Biggest sellers
| Impax Asset Management Group plc | Reduced | -2.7m |
| GRS Advisors, LLC | Sold out | -1.4m |
| BlackRock, Inc. | Reduced | -1.3m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -842.9k |
| DEUTSCHE BANK AG\ | Reduced | -549.1k |
| MORGAN STANLEY | Reduced | -313.8k |
| MARSHALL WACE, LLP | Sold out | -290.3k |
| BOOTHBAY FUND MANAGEMENT, LLC | Reduced | -255.6k |
| FMR LLC | Reduced | -226.2k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -195.3k |
Biggest calls
| JANE STREET GROUP, LLC | Added | $1.2m52.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.0m46.7k shares |
| SIMPLEX TRADING, LLC | Added | $1.0m46.5k shares |
| CITADEL ADVISORS LLC | Reduced | $337.1k15.2k shares |
| GROUP ONE TRADING LLC | Reduced | $148.6k6.7k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| PEAK6 LLC | Added | $2.2m100.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $991.4k44.7k shares |
| CITADEL ADVISORS LLC | Added | $654.3k29.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $55.0k2.5k 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 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 21.0m $464.8m | Added +92.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.04% of their portfolio | 16.9m $375.0m | Reduced -71.1k |
| BlackRock, Inc. 0.01% of their portfolio | 14.8m $327.4m | Reduced -1.3m |
| NORGES BANK 0.04% of their portfolio | 13.7m $304.5m | Unchanged |
| COHEN & STEERS, INC. 0.53% of their portfolio | 13.0m $289.1m | Added +571.7k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.62% of their portfolio | 4.8m $107.4m | Added +639.0k |
| STATE STREET CORP 0.00% of their portfolio | 4.6m $101.3m | Reduced -123.8k |
| Legal & General Group Plc 0.02% of their portfolio | 4.2m $93.0m | Added +823.3k |
| Pictet Asset Management Holding SA 0.09% of their portfolio | 3.9m $86.3m | Reduced -130.2k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 3.7m $81.8m | Added +754.1k |
| VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio | 3.0m $65.7m | Added +446.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.8m $62.8m | Reduced -4.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 2.6m $58.7m | Added +38.8k |
| Impax Asset Management Group plc 0.31% of their portfolio | 2.5m $54.7m | Reduced -2.7m |
| AQR CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 1.8m $39.3m | Added +279.7k |
| Global Alpha Capital Management Ltd. 2.35% of their portfolio | 1.7m $37.7m | Added +308.2k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.7m $37.2m | Added +96.1k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 1.4m $31.6m | Reduced -81.9k |
| Central Securities Corp 2.35% of their portfolio | 1.2m $26.6m | Unchanged |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.08% of their portfolio | 1.0m $23.2m | Added +5.8k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 1.0m $23.1m | Reduced -93.0k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.04% of their portfolio | 931.9k $20.7m | Added +86.0k |
| Invesco Ltd. 0.00% of their portfolio | 863.7k $19.2m | Added +124.6k |
| Nuveen, LLC 0.01% of their portfolio | 822.9k $18.3m | Reduced -116.4k |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 790.2k $17.5m | Added +723.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 748.3k $16.6m | Added +193.6k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 663.6k $14.7m | Reduced -842.9k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 657.2k $14.6m | Reduced -30.2k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.05% of their portfolio | 645.5k $14.3m | Added +469.5k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 582.6k $12.9m | Added +184.8k |
| MORGAN STANLEY 0.00% of their portfolio | 572.6k $12.7m | Reduced -313.8k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 520.4k $11.5m | Added +559 |
| Balyasny Asset Management L.P. 0.03% of their portfolio | 505.4k $11.2m | Added +457.4k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 505.2k $11.2m | Reduced -68.1k |
| Ancora Advisors LLC 0.22% of their portfolio | 472.3k $10.5m | Added +99.4k |
| Invenomic Capital Management LP 0.56% of their portfolio | 446.1k $9.9m | New |
| Focus Partners Wealth 0.02% of their portfolio | 435.5k $9.7m | Added +8.2k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 433.5k $9.6m | Added +58.7k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 433.2k $9.6m | Reduced -4.3k |
| UBS Group AG 0.00% of their portfolio | 389.1k $8.6m | Reduced -135.5k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 385.1k $8.5m | Added +63.0k |
| Point72 Asset Management, L.P. 0.02% of their portfolio | 372.0k $8.3m | Added +95.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 352.4k $7.8m | Reduced -94.7k |
| Crossmark Global Holdings, Inc. 0.12% of their portfolio | 331.3k $7.3m | Added +1.5k |
| California Public Employees Retirement System 0.00% of their portfolio | 321.1k $7.1m | Added +20.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 318.6k $7.1m | Reduced -5.4k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 311.6k $6.9m | Added +63.2k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 302.5k $6.7m | Added +143.4k |
| Swiss National Bank 0.00% of their portfolio | 283.4k $6.3m | Added +9.2k |
| Gotham Asset Management, LLC 0.04% of their portfolio | 277.2k $6.1m | Added +201.6k |
| THIRD AVENUE MANAGEMENT LLC 1.18% of their portfolio | 258.1k $5.7m | Reduced -370 |
| FIRETRAIL INVESTMENTS PTY LTD 1.38% of their portfolio | 239.6k $5.3m | Reduced -177.6k |
| IEQ CAPITAL, LLC 0.03% of their portfolio | 230.5k $5.1m | Added +71.9k |
| Robeco Institutional Asset Management B.V. 0.01% of their portfolio | 228.1k $5.1m | Added +16.0k |
| NORDEA INVESTMENT MANAGEMENT AB 0.00% of their portfolio | 225.4k $5.0m | Added +33.1k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 222.4k $4.9m | Added +62.6k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 190.4k $4.2m | Reduced -103.9k |
| Teramo Advisors, LLC 1.42% of their portfolio | 175.7k $3.9m | Unchanged |
| Retirement Systems of Alabama 0.01% of their portfolio | 171.4k $3.8m | Added +321 |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 169.7k $3.8m | Added +3.6k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 160.4k $3.6m | Added +1.1k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 157.0k $3.5m | Added +79.6k |
| Holocene Advisors, LP 0.01% of their portfolio | 155.9k $3.5m | Added +23.8k |
| BARCLAYS PLC 0.00% of their portfolio | 149.3k $3.3m | Reduced -57.8k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 149.1k $3.3m | Added +127.7k |
| Verition Fund Management LLC 0.02% of their portfolio | 145.0k $3.2m | Added +93.4k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 138.9k $3.1m | Added +108.1k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 136.7k $3.0m | Reduced -7.6k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 130.7k $2.9m | Added +90.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 127.7k $2.8m | Unchanged |
| Uniplan Investment Counsel, Inc. 0.26% of their portfolio | 116.8k $2.6m | Reduced -2.3k |
| Caisse de depot et placement du Quebec 0.01% of their portfolio | 106.5k $2.4m | New |
| BROADWATER CAPITAL MANAGEMENT LLC 0.08% of their portfolio | 104.3k $104.3k | Added +99.6k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 102.4k $2.3m | Reduced -105.4k |
| ALGERT GLOBAL LLC 0.05% of their portfolio | 99.4k $2.2m | Added +27.6k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 94.8k $2.1m | Added +33.4k |
| State of Alaska, Department of Revenue 0.02% of their portfolio | 91.5k $2.0m | Reduced -253 |
| Cerity Partners LLC 0.00% of their portfolio | 90.5k $2.0m | Added +22.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 88.9k $2.0m | Unchanged |
| Sequoia Financial Advisors, LLC 0.01% of their portfolio | 88.5k $2.0m | Added +6.2k |
| Tidal Investments LLC 0.01% of their portfolio | 88.5k $2.0m | Reduced -9.7k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 85.8k $1.9m | Reduced -3.8k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 85.6k $1.9m | Reduced -195.3k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 80.7k $1.8m | Added +6.5k |
| HighTower Advisors, LLC 0.00% of their portfolio | 80.3k $1.8m | Added +1.6k |
| State of Tennessee, Department of Treasury 0.01% of their portfolio | 78.9k $1.8m | Unchanged |
| MetLife Investment Management, LLC 0.01% of their portfolio | 75.7k $1.7m | Reduced -2.5k |
| Cubist Systematic Strategies, LLC 0.02% of their portfolio | 75.6k $1.7m | Added +47.1k |
| Treasurer of the State of North Carolina 0.01% of their portfolio | 72.3k $1.6m | Added +1.8k |
| BFSG, LLC 0.18% of their portfolio | 72.3k $1.6m | Added +785 |
| CWM, LLC 0.01% of their portfolio | 72.2k $1.6m | Added +9.5k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 70.8k $1.6m | Reduced -549.1k |
| Old Port Advisors 0.43% of their portfolio | 70.2k $1.6m | Reduced -1.8k |
| NISA INVESTMENT ADVISORS, LLC 0.01% of their portfolio | 70.2k $1.6m | Reduced -9.2k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 69.7k $1.5m | Reduced -2.6k |
| Oak Thistle LLC 0.22% of their portfolio | 68.2k $1.5m | New |
| Brevan Howard Capital Management LP 0.02% of their portfolio | 66.7k $1.5m | New |
| AMALGAMATED BANK 0.01% of their portfolio | 64.7k $1.4m | Reduced -460 |
| STRS OHIO 0.01% of their portfolio | 64.2k $1.4m | Added +15.2k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 62.7k $1.4m | Added +1 |