Cliff Asness's RYN Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 1.65 M shares of Rayonier Inc. (RYN) worth $35.65 M, representing 0.02% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 53 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in RYN, representing a significant commitment to this investment thesis. Largest addition occurred in Q1 2025, adding 1.4 M shares. Largest reduction occurred in Q4 2025, reducing 548,808 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Rayonier (RYN) Holding Value Over Time
Track share changes against reported price movement
Quarterly Rayonier (RYN) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | -548,808 | Reduce 24.98% | 1.65 M | $21.63 |
| Q3 2025 | +411,169 | Add 23.02% | 2.2 M | $26.46 |
| Q2 2025 | +279,721 | Add 18.57% | 1.79 M | $21.99 |
| Q1 2025 | +1.4 M | Add 1287.31% | 1.51 M | $27.88 |
| Q4 2024 | +26,851 | Add 32.86% | 108,564 | $25.99 |
| Q3 2024 | +12,261 | Add 17.65% | 81,713 | $32.07 |
| Q2 2024 | -212 | Reduce 0.30% | 69,452 | $28.95 |
| Q1 2024 | +6,954 | Add 11.09% | 69,664 | $33.24 |
| Q4 2023 | +16,412 | Add 35.45% | 62,710 | $33.41 |
| Q3 2023 | +10,593 | Add 29.67% | 46,298 | $28.46 |
| Q2 2023 | +10,054 | Add 39.20% | 35,705 | $31.32 |
| Q1 2023 | -21,216 | Reduce 45.27% | 25,651 | $33.11 |
| Q4 2022 | +11,474 | Add 32.42% | 46,867 | $32.96 |
| Q3 2022 | +17,984 | Add 103.30% | 35,393 | $29.98 |
| Q2 2022 | +1,093 | Add 6.70% | 17,409 | $36.82 |
| Q1 2022 | +3,720 | Add 29.53% | 16,316 | $41.13 |
| Q4 2021 | -717 | Reduce 5.39% | 12,596 | $40.33 |
| Q3 2021 | +2,216 | Add 19.97% | 13,313 | $35.68 |
| Q2 2021 | +1,745 | Add 18.66% | 11,097 | $35.78 |
| Q1 2021 | -2,479 | Reduce 20.95% | 9,352 | $32.29 |
| Q4 2020 | -13,808 | Reduce 53.86% | 11,831 | $29.16 |
| Q3 2020 | -7,466 | Reduce 22.55% | 25,639 | $26.44 |
| Q2 2020 | +22,553 | Add 213.73% | 33,105 | $24.44 |
| Q1 2020 | -10,178 | Reduce 49.10% | 10,552 | $23.50 |
| Q4 2019 | -1,280 | Reduce 5.82% | 20,730 | $32.75 |
| Q3 2019 | +1,035 | Add 4.93% | 22,010 | $28.21 |
| Q2 2019 | -158,459 | Reduce 88.31% | 20,975 | $30.32 |
| Q1 2019 | -106,270 | Reduce 37.20% | 179,434 | $31.52 |
| Q4 2018 | -91,516 | Reduce 24.26% | 285,704 | $27.69 |
| Q3 2018 | +262,726 | Add 229.47% | 377,220 | $33.81 |
| Q2 2018 | +84,712 | Add 284.44% | 114,494 | $38.69 |
| Q1 2018 | -2,397 | Reduce 7.45% | 29,782 | $35.19 |
| Q4 2017 | -3,847 | Reduce 10.68% | 32,179 | $31.64 |
| Q2 2017 | +16,125 | Add 81.03% | 36,026 | $28.76 |
| Q1 2017 | +6,634 | Add 50.00% | 19,901 | $28.34 |
| Q4 2016 | -1,750 | Reduce 11.65% | 13,267 | $26.61 |
| Q3 2016 | -11,662 | Reduce 43.71% | 15,017 | $26.50 |
| Q2 2016 | +11,731 | Add 78.48% | 26,679 | $26.24 |
| Q1 2016 | -11,744 | Reduce 44.00% | 14,948 | $24.69 |
| Q4 2015 | -15,992 | Reduce 37.47% | 26,692 | $22.22 |
| Q3 2015 | -516 | Reduce 1.19% | 42,684 | $22.07 |
| Q2 2015 | -16,600 | Reduce 27.76% | 43,200 | $25.56 |
| Q1 2015 | -314,189 | Reduce 84.01% | 59,800 | $26.96 |
| Q4 2014 | +63,596 | Add 20.49% | 373,989 | $27.94 |
| Q3 2014 | +259,493 | Add 509.81% | 310,393 | $31.14 |
| Q2 2014 | -14,577 | Reduce 22.26% | 50,900 | $35.54 |
| Q1 2014 | +5,490 | Add 9.15% | 65,477 | $34.29 |
| Q4 2013 | -43,232 | Reduce 41.88% | 59,987 | $31.44 |
| Q3 2013 | -45,279 | Reduce 30.49% | 103,219 | $41.56 |
| Q2 2013 | +148,498 | Add 0.00% | 148,498 | $41.37 |
| Q4 2012 | +159,369 | Add 0.00% | 159,369 | $38.71 |
Cliff Asness's Rayonier Investment FAQs
Cliff Asness first purchased Rayonier Inc. (RYN) in Q4 2012, acquiring 159,369 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness has held Rayonier Inc. (RYN) for 53 quarters since Q4 2012.
Cliff Asness's largest addition to Rayonier Inc. (RYN) was in Q1 2025, adding 1,506,119 shares worth $41.99 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 1,648,201 shares of Rayonier Inc. (RYN), valued at approximately $35.65 M.
As of the Q4 2025 filing, Rayonier Inc. (RYN) represents approximately 0.02% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Rayonier Inc. (RYN) was 2,197,009 shares, as reported at the end of Q3 2025.