RAYONIER ADVANCED MATLS INC RYAM
COM · Common Stock · CUSIP 75508B104 · ISIN US75508B1044
American chemical company
- SectorMaterials
- IndustryPulp Mills
- HeadquartersJacksonville, FL
- Founded2014
- Websiterayonieram.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 ($3.1m this quarter). Holder counts are more reliable. Shares outstanding: 67.6m as of 2026-08-03, 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 ≈ $7.86. Options: 9 managers hold calls ($5.0m notional), 7 hold puts ($6.1m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 141 |
| Q4 2022 | 170 |
| Q1 2023 | 180 |
| Q2 2023 | 165 |
| Q3 2023 | 142 |
| Q4 2023 | 149 |
| Q1 2024 | 144 |
| Q2 2024 | 155 |
| Q3 2024 | 181 |
| Q4 2024 | 194 |
| Q1 2025 | 182 |
| Q2 2025 | 158 |
| Q3 2025 | 153 |
| Q4 2025 | 158 |
| Q1 2026 | 171 |
| Q2 2026 | 188 |
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 | 100 | 60 |
| Q4 2024 | 92 | 83 |
| Q1 2025 | 90 | 84 |
| Q2 2025 | 63 | 105 |
| Q3 2025 | 70 | 85 |
| Q4 2025 | 71 | 69 |
| Q1 2026 | 79 | 74 |
| Q2 2026 | 95 | 69 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $2.9m | $14.2m | 4.95 |
| Q4 2025 | $9.2m | $12.4m | 1.34 |
| Q1 2026 | $17.7m | $16.8m | 0.95 |
| Q2 2026 | $5.0m | $6.1m | 1.24 |
Biggest buyers
| Nantahala Capital Management, LLC | Added | +1.8m |
| GOLDMAN SACHS GROUP INC | Added | +409.4k |
| Jefferies Financial Group Inc. | New | +376.1k |
| Hudson Bay Capital Management LP | Added | +338.3k |
| Creek Drive Management Group LLC | Added | +322.5k |
| VANGUARD PORTFOLIO MANAGEMENT LLC | Added | +311.2k |
| Governors Lane LP | New | +306.7k |
| K2 PRINCIPAL FUND, L.P. | Added | +295.3k |
| Jump Financial, LLC | Added | +242.2k |
| CITADEL ADVISORS LLC | Added | +229.2k |
Biggest sellers
| Irenic Capital Management LP | Sold out | -1.4m |
| AMERICAN CENTURY COMPANIES INC | Reduced | -946.2k |
| JANE STREET GROUP, LLC | Sold out | -635.7k |
| SaddleRock Capital Management LLC | Sold out | -512.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Reduced | -473.1k |
| Park West Asset Management LLC | Sold out | -442.0k |
| UBS Group AG | Reduced | -348.7k |
| ACADIAN ASSET MANAGEMENT LLC | Reduced | -297.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -251.4k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -195.9k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.2m158.8k shares |
| K2 PRINCIPAL FUND, L.P. | Reduced | $1.1m140.0k shares |
| GROUP ONE TRADING LLC | Added | $884.2k112.5k shares |
| JANE STREET GROUP, LLC | Added | $843.4k107.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $396.9k50.5k shares |
| CITADEL ADVISORS LLC | Reduced | $297.1k37.8k shares |
| IMC-Chicago, LLC | Reduced | $183.1k23.3k shares |
| Walleye Trading LLC | Reduced | $8.6k1.1k shares |
| Walleye Capital LLC | New | $1.6k200 shares |
Biggest puts
| JANE STREET GROUP, LLC | Reduced | $3.3m425.3k shares |
| CITADEL ADVISORS LLC | Reduced | $1.1m135.3k shares |
| Walleye Trading LLC | Added | $923.5k117.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $454.3k57.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $245.2k31.2k shares |
| GROUP ONE TRADING LLC | Reduced | $80.2k10.2k shares |
| BLUEFIN CAPITAL MANAGEMENT, LLC | New | $24.0k150.0k 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 filed 2025-04-17 | 7.1% |
AIPCF VIII (Cayman), Ltd.
13D · may seek influence
no change · filed 2026-07-15
Stated purposeItem 4 of the Initial Statement is hereby amended and restated as follows: On April 20, 2026, the Issuer announced that it is engaged in a formal process to explore strategic alternatives to maximize shareholder value. In connection therewith, the Reporting Persons entered into a standard confidentiality agreement with the Issuer, which includes customary "standstill" and other customary non-disclosure and non-use provisions. In this regard, if the Reporting Persons (or any of their affiliates) are invited to further participate in the strategic review process by the Issuer or the Board of Directors of the Issuer (the "Board") (or any committee thereof) or any of their respective representatives or advisors, the Reporting Persons expect that they (or one or more of their affiliates) are… Full filing |
5.0% |
Fell to 5% or below in the last year: DIMENSIONAL FUND ADVISORS LP (4.9%, 2026-07-14), VANGUARD GROUP INC (0.0%, 2026-03-27)
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 | 1 | $100.5k | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 1 | $250.0k | 0 | — | — |
| Q3 2025 | 1 | $252.1k | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 0 | — | 1 | $17.6k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-08-07 | PALUMBO LISA M Director · By Spouse | Sold | $17.6k1.9k 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 |
|---|---|---|
| Condire Management, LP 5.30% of their portfolio | 6.4m $50.0m | Unchanged |
| BlackRock, Inc. 0.00% of their portfolio | 4.8m $37.4m | Added +86.6k |
| AIP, LLC 28.07% of their portfolio | 3.4m $26.7m | Unchanged |
| Nantahala Capital Management, LLC 0.81% of their portfolio | 3.4m $26.7m | Added +1.8m |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 3.3m $25.9m | Reduced -195.9k |
| Maple Rock Capital Partners Inc. 0.50% of their portfolio | 3.3m $25.6m | Unchanged |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 2.9m $22.7m | Added +92.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.7m $13.0m | Added +55.1k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 1.6m $12.9m | Added +48.5k |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 1.6m $12.3m | Reduced -66.0k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 1.6m $12.3m | Reduced -946.2k |
| STATE STREET CORP 0.00% of their portfolio | 1.4m $11.0m | Added +46.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.3m $9.9m | Added +142.9k |
| MORGAN STANLEY 0.00% of their portfolio | 1.2m $9.6m | Reduced -4.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.1m $8.9m | Reduced -473.1k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 792.4k $6.2m | Added +409.4k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 683.0k $5.4m | Added +311.2k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.09% of their portfolio | 670.4k $5.3m | Reduced -33.2k |
| K2 PRINCIPAL FUND, L.P. 0.44% of their portfolio | 615.7k $4.8m | Added +295.3k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 599.2k $4.7m | Added +69.9k |
| DEROY & DEVEREAUX PRIVATE INVESTMENT COUNSEL INC 0.17% of their portfolio | 503.3k $4.0m | Added +8.4k |
| Hudson Bay Capital Management LP 0.02% of their portfolio | 494.4k $3.9m | Added +338.3k |
| Creek Drive Management Group LLC 2.28% of their portfolio | 470.0k $3.7m | Added +322.5k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 446.7k $3.5m | Added +9.7k |
| UBS Group AG 0.00% of their portfolio | 426.1k $3.3m | Reduced -348.7k |
| Empowered Funds, LLC 0.02% of their portfolio | 399.3k $3.1m | Reduced -33.2k |
| Jefferies Financial Group Inc. 0.03% of their portfolio | 376.1k $3.0m | New |
| Soviero Asset Management, LP 1.37% of their portfolio | 360.0k $2.8m | Reduced -120.0k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 358.3k $2.8m | Added +229.2k |
| Governors Lane LP 0.24% of their portfolio | 306.7k $2.4m | New |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 296.9k $2.3m | Added +133.8k |
| Assenagon Asset Management S.A. 0.00% of their portfolio | 272.9k $2.1m | Reduced -150.1k |
| Jump Financial, LLC 0.02% of their portfolio | 264.5k $2.1m | Added +242.2k |
| Quantinno Capital Management LP 0.00% of their portfolio | 247.6k $1.9m | Added +158.4k |
| Nuveen, LLC 0.00% of their portfolio | 235.0k $1.8m | Added +103.4k |
| SummitTX Capital, L.P. 0.05% of their portfolio | 232.7k $1.8m | Added +21.2k |
| Squarepoint Ops LLC 0.00% of their portfolio | 213.5k $1.7m | New |
| NORGES BANK 0.00% of their portfolio | 210.9k $1.7m | Not comparable |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 205.0k $1.6m | Added +163.2k |
| DDD Partners, LLC 0.10% of their portfolio | 200.0k $1.6m | Unchanged |
| Beartown Capital Management, LLC 0.70% of their portfolio | 200.0k $1.6m | Unchanged |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 196.5k $1.5m | Reduced -25.8k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 196.2k $1.5m | Reduced -4.2k |
| Y-Intercept (Hong Kong) Ltd 0.03% of their portfolio | 194.5k $1.5m | Added +48.7k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 179.9k $1.4m | Reduced -16.0k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 163.4k $1.3m | Added +4.0k |
| Wellspring Financial Advisors, LLC 0.08% of their portfolio | 156.4k $1.2m | Added +16.4k |
| Schonfeld Strategic Advisors LLC 0.01% of their portfolio | 153.0k $1.2m | New |
| Susquehanna Portfolio Strategies, LLC 0.02% of their portfolio | 150.5k $1.2m | Reduced -16.0k |
| Cetera Investment Advisers 0.00% of their portfolio | 147.8k $1.2m | Added +12.5k |
| Invesco Ltd. 0.00% of their portfolio | 134.3k $1.1m | Reduced -143.5k |
| Waverly Advisors, LLC 0.01% of their portfolio | 118.0k $927.5k | Added +750 |
| BLUEFIN CAPITAL MANAGEMENT, LLC 0.26% of their portfolio | 115.7k $909.6k | New |
| Rangeley Capital, LLC 0.77% of their portfolio | 104.8k $823.8k | New |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 104.2k $818.0k | Reduced -297.3k |
| Focus Partners Wealth 0.00% of their portfolio | 103.6k $814.5k | New |
| GRACE & WHITE INC /NY 0.13% of their portfolio | 100.9k $793.2k | Unchanged |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 100.0k $786.1k | Reduced -11.9k |
| JB CAPITAL PARTNERS LP 0.12% of their portfolio | 100.0k $786.0k | Unchanged |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 95.9k $742.5k | Reduced -12.3k |
| AXXCESS WEALTH MANAGEMENT, LLC 0.01% of their portfolio | 95.6k $751.6k | New |
| Ridgepath Capital Management LLC 0.33% of their portfolio | 95.6k $751.6k | Unchanged |
| Numerai GP LLC 0.06% of their portfolio | 90.7k $713.1k | Added +8.4k |
| MONETA GROUP INVESTMENT ADVISORS LLC 0.00% of their portfolio | 80.0k $628.7k | Added +16.4k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 79.9k $628.2k | Reduced -3.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 79.8k $626.9k | Added +10.8k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 77.3k $608.0k | New |
| XTX Topco Ltd 0.01% of their portfolio | 73.4k $577.0k | Added +8.0k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 68.6k $539.2k | Reduced -16.5k |
| HORIZON KINETICS ASSET MANAGEMENT LLC 0.01% of their portfolio | 68.5k $538.4k | Unchanged |
| GSA CAPITAL PARTNERS LLP 0.03% of their portfolio | 66.3k $521.0k | Reduced -54.9k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 65.8k $727.9k | Added +2.9k |
| Quantbot Technologies LP 0.02% of their portfolio | 61.4k $482.6k | Added +30.4k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 53.4k $420.0k | Added +28.7k |
| CAXTON ASSOCIATES LLP 0.01% of their portfolio | 52.0k $408.7k | Reduced -20.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 50.7k $399.0k | Added +1.2k |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 49.5k $389.0k | Added +21.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 48.7k $382.6k | Added +21.2k |
| Corient Private Wealth LP 0.00% of their portfolio | 47.3k $371.9k | Added +36.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 46.4k $364.7k | Reduced -251.4k |
| J. L. Bainbridge & Co., Inc. 0.03% of their portfolio | 45.2k $355.1k | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 44.8k $351.8k | Added +34.9k |
| STRS OHIO 0.00% of their portfolio | 40.9k $321.5k | Added +7.4k |
| Proficio Capital Partners LLC 0.01% of their portfolio | 40.4k $317.9k | New |
| OCCUDO QUANTITATIVE STRATEGIES LP 0.02% of their portfolio | 37.9k $297.9k | New |
| MetLife Investment Management, LLC 0.00% of their portfolio | 34.4k $270.7k | Reduced -577 |
| Zuckerman Investment Group, LLC 0.02% of their portfolio | 34.2k $268.4k | Unchanged |
| ExodusPoint Capital Management, LP 0.00% of their portfolio | 33.1k $260.0k | New |
| Bleakley Financial Group, LLC 0.00% of their portfolio | 31.5k $247.7k | New |
| NewEdge Advisors, LLC 0.00% of their portfolio | 30.0k $236.0k | Added +28.7k |
| Quinn Opportunity Partners LLC 0.01% of their portfolio | 30.0k $235.8k | New |
| Boston Partners 0.00% of their portfolio | 29.2k $229.5k | Added +3.6k |
| Voleon Capital Management LP 0.00% of their portfolio | 29.0k $228.3k | New |
| AXQ CAPITAL, LP 0.02% of their portfolio | 28.8k $226.0k | Added +15.5k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 28.7k $225.5k | Reduced -2.0k |
| Covestor Ltd 0.12% of their portfolio | 26.2k $206.0k | Reduced -194 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 26.2k $205.8k | Unchanged |
| BANK OF NOVA SCOTIA 0.00% of their portfolio | 23.8k $187.1k | Reduced -1.2k |
| Inscription Capital, LLC 0.02% of their portfolio | 23.2k $182.7k | Unchanged |
| Walleye Trading LLC 0.00% of their portfolio | 23.2k $182.2k | Reduced -58.4k |