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 ($7.5m 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 ≈ $20.62. Options: 7 managers hold calls ($7.5m notional), 8 hold puts ($7.6m).
Trends to Q1 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 |
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 2024 | 130 | 172 |
| 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 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $3.7m | $3.9m | 1.06 |
| Q3 2025 | $20.8m | $5.7m | 0.27 |
| Q4 2025 | $4.0m | $4.2m | 1.05 |
| Q1 2026 | $7.5m | $7.6m | 1.01 |
Biggest buyers
| BlackRock, Inc. | Added | +13.6m |
| COHEN & STEERS, INC. | Added | +8.1m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +6.2m |
| SOUTHEASTERN ASSET MANAGEMENT INC/TN/ | Added | +5.1m |
| Legal & General Group Plc | Added | +5.1m |
| DEPRINCE RACE & ZOLLO INC | New | +4.2m |
| STATE STREET CORP | Added | +4.1m |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +2.7m |
| SILVERCREST ASSET MANAGEMENT GROUP LLC | New | +2.6m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Added | +2.6m |
Biggest sellers
| FULLER & THALER ASSET MANAGEMENT, INC. | Reduced | -2.0m |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -599.0k |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -518.2k |
| MARSHALL WACE, LLP | Sold out | -404.9k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -363.7k |
| Impax Asset Management Group plc | Reduced | -334.7k |
| HRT FINANCIAL LP | Sold out | -298.8k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Sold out | -280.7k |
| Gotham Asset Management, LLC | Reduced | -273.1k |
| ExodusPoint Capital Management, LP | Reduced | -241.7k |
Biggest calls
| JANE STREET GROUP, LLC | Added | $2.6m127.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $2.1m104.2k shares |
| CITADEL ADVISORS LLC | Added | $1.9m92.5k shares |
| IMC-Chicago, LLC | New | $348.5k16.9k shares |
| SIMPLEX TRADING, LLC | Added | $313.4k15.2k shares |
| Walleye Trading LLC | New | $86.6k4.2k shares |
| GROUP ONE TRADING LLC | Reduced | $82.5k4.0k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $3.0m146.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.2m104.4k shares |
| JANE STREET GROUP, LLC | New | $1.3m60.8k shares |
| SIMPLEX TRADING, LLC | Added | $492.8k23.9k shares |
| IMC-Chicago, LLC | Added | $315.5k15.3k shares |
| Walleye Trading LLC | New | $218.6k10.6k shares |
| GROUP ONE TRADING LLC | Added | $72.2k3.5k shares |
| Twin Tree Management, LP | New | $39.2k1.9k 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 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 |
|---|---|---|---|---|---|
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 1 | $673.9k | $673.9k |
| 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 |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-02-27 | CREMERS ERIC J Executive Chairman, director | Sold plan | $3.6m169.2k 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, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 28.9m $594.9m | Added +13.6m |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.03% of their portfolio | 25.2m $519.2m | First filing |
| COHEN & STEERS, INC. 0.78% of their portfolio | 21.7m $447.3m | Added +8.1m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.04% of their portfolio | 16.2m $334.7m | Added +6.2m |
| VANGUARD CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 13.3m $274.3m | First filing |
| SOUTHEASTERN ASSET MANAGEMENT INC/TN/ 10.92% of their portfolio | 10.8m $221.9m | Added +5.1m |
| Legal & General Group Plc 0.05% of their portfolio | 9.8m $201.1m | Added +5.1m |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.64% of their portfolio | 9.3m $191.6m | Reduced -2.0m |
| STATE STREET CORP 0.01% of their portfolio | 8.9m $183.6m | Added +4.1m |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 5.8m $120.2m | Added +2.7m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 5.1m $104.7m | Added +2.6m |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.62% of their portfolio | 5.1m $104.4m | Unchanged |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 5.0m $102.0m | Added +1.5m |
| Pictet Asset Management Holding SA 0.11% of their portfolio | 4.9m $101.6m | Added +1.5m |
| DEPRINCE RACE & ZOLLO INC 1.62% of their portfolio | 4.2m $85.8m | New |
| NORTHERN TRUST CORP 0.01% of their portfolio | 4.1m $85.1m | Added +2.4m |
| Russell Investments Group, Ltd. 0.06% of their portfolio | 2.6m $54.6m | Added +2.1m |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.39% of their portfolio | 2.6m $53.9m | New |
| Bank of New York Mellon Corp 0.01% of their portfolio | 2.6m $53.1m | Added +1.4m |
| DAVENPORT & Co LLC 0.29% of their portfolio | 2.5m $52.4m | Added +2.5m |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 2.5m $51.9m | Added +133.8k |
| GMT Capital Corp 2.26% of their portfolio | 2.4m $49.6m | New |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 2.4m $49.3m | Added +1.6m |
| Kopernik Global Investors, LLC 3.15% of their portfolio | 2.2m $45.1m | New |
| Balyasny Asset Management L.P. 0.09% of their portfolio | 2.2m $44.6m | New |
| D. E. Shaw & Co., Inc. 0.03% of their portfolio | 2.1m $43.8m | Added +1.3m |
| MORGAN STANLEY 0.00% of their portfolio | 2.1m $43.6m | Added +1.4m |
| Global Alpha Capital Management Ltd. 2.59% of their portfolio | 2.1m $43.1m | Added +432.7k |
| Caisse de depot et placement du Quebec 0.06% of their portfolio | 1.9m $39.6m | Added +959.9k |
| VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio | 1.7m $36.0m | First filing |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 1.7m $35.3m | Reduced -599.0k |
| T. Rowe Price Investment Management, Inc. 0.02% of their portfolio | 1.7m $35.0m | New |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 1.7m $34.2m | Added +564.5k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.6m $33.4m | Added +950.5k |
| Ancora Advisors LLC 0.69% of their portfolio | 1.6m $32.4m | Added +1.3m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 1.3m $26.5m | Added +1.3m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio | 1.3m $26.3m | Added +1.1m |
| Central Securities Corp 2.14% of their portfolio | 1.3m $26.0m | Unchanged |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 1.1m $23.3m | Reduced -518.2k |
| Focus Partners Wealth 0.02% of their portfolio | 1.1m $22.4m | Added +334.4k |
| UBS Group AG 0.00% of their portfolio | 1.1m $22.2m | Added +580.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio | 1.0m $21.1m | Added +84.9k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 909.9k $18.8m | Added +781.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 802.3k $16.5m | Added +428.5k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 785.9k $16.2m | Added +348.5k |
| Impax Asset Management Group plc 0.11% of their portfolio | 762.5k $15.7m | Reduced -334.7k |
| Nuveen, LLC 0.00% of their portfolio | 749.9k $15.5m | Added +344.8k |
| Invesco Ltd. 0.00% of their portfolio | 706.7k $14.6m | Reduced -105.3k |
| Oakum Bay Capital LLC 7.43% of their portfolio | 671.6k $13.8m | Added +511.6k |
| California Public Employees Retirement System 0.01% of their portfolio | 664.8k $13.7m | Added +298.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 621.9k $12.8m | Added +302.0k |
| MetLife Investment Management, LLC 0.06% of their portfolio | 606.0k $12.5m | Added +533.3k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 600.4k $12.4m | Added +565.0k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.02% of their portfolio | 599.4k $12.4m | Added +105.7k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio | 593.1k $12.2m | Added +493.6k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 592.6k $12.2m | Added +312.8k |
| Swiss National Bank 0.01% of their portfolio | 567.8k $11.7m | Added +265.1k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 550.9k $11.4m | Added +132.3k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 547.2k $11.3m | Added +406.3k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 523.5k $10.8m | Reduced -70.9k |
| Gotham Asset Management, LLC 0.03% of their portfolio | 489.8k $10.1m | Reduced -273.1k |
| Atlas FRM LLC 0.65% of their portfolio | 480.0k $9.9m | New |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 469.7k $9.7m | Added +379.7k |
| Troluce Capital Advisors LLC 0.95% of their portfolio | 435.0k $9.0m | New |
| SIRIOS CAPITAL MANAGEMENT L P 1.08% of their portfolio | 432.2k $8.9m | New |
| Fisher Asset Management, LLC 0.00% of their portfolio | 421.6k $8.7m | New |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 420.7k $8.7m | Added +203.0k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 417.8k $9.0m | Reduced -60.8k |
| Swedbank AB 0.01% of their portfolio | 410.1k $8.5m | New |
| Clearbridge Investments, LLC 0.01% of their portfolio | 392.6k $8.1m | New |
| Columbus Macro, LLC 0.86% of their portfolio | 391.9k $8.1m | New |
| Cetera Investment Advisers 0.01% of their portfolio | 387.5k $8.0m | Added +376.3k |
| Tidal Investments LLC 0.02% of their portfolio | 377.4k $7.8m | Added +182.5k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 364.3k $7.5m | Reduced -154.2k |
| Rock Point Advisors, LLC 2.01% of their portfolio | 361.0k $7.4m | New |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 359.8k $7.4m | Added +162.1k |
| BROWN ADVISORY INC 0.01% of their portfolio | 347.3k $7.2m | New |
| Retirement Systems of Alabama 0.02% of their portfolio | 341.0k $7.0m | Added +162.8k |
| World Investment Advisors 0.11% of their portfolio | 338.5k $7.0m | New |
| Crossmark Global Holdings, Inc. 0.10% of their portfolio | 337.1k $7.0m | Added +4.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 337.0k $6.9m | Added +186.7k |
| CONGRESS ASSET MANAGEMENT CO 0.05% of their portfolio | 328.9k $6.8m | New |
| KENNEDY CAPITAL MANAGEMENT LLC 0.14% of their portfolio | 314.7k $6.5m | New |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 300.6k $6.2m | Reduced -363.7k |
| Bernzott Capital Advisors 2.87% of their portfolio | 290.1k $6.0m | New |
| Quantinno Capital Management LP 0.01% of their portfolio | 288.6k $6.0m | Reduced -20.0k |
| Aristotle Atlantic Partners, LLC 0.27% of their portfolio | 275.8k $5.7m | New |
| FMR LLC 0.00% of their portfolio | 273.3k $5.6m | Added +269.7k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 259.5k $5.4m | First filing |
| BFSG, LLC 0.51% of their portfolio | 259.2k $5.3m | Added +181.0k |
| Lighthouse Investment Partners, LLC 0.20% of their portfolio | 258.8k $5.3m | Added +128.0k |
| HARVEY CAPITAL MANAGEMENT INC 1.20% of their portfolio | 256.0k $5.3m | Not comparable |
| Holocene Advisors, LP 0.01% of their portfolio | 241.0k $5.0m | Added +127.8k |
| MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio | 238.7k $4.9m | Added +204.0k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.06% of their portfolio | 235.7k $4.9m | Added +173.9k |
| FIDUCIARY COUNSELLING INC 11.92% of their portfolio | 207.9k $4.3m | Not comparable |
| FIRST HORIZON CORP 0.18% of their portfolio | 207.1k $4.3m | New |
| Old Port Advisors 0.98% of their portfolio | 205.2k $4.2m | Added +141.3k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 199.5k $4.1m | Added +41.0k |
| Robeco Institutional Asset Management B.V. 0.01% of their portfolio | 198.5k $4.1m | Reduced -40.0k |