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RAYONIER INC
RAYONIER INC. Institutional holdings reported to the SEC.

Institutional Holders (2014Q1)
Portfolio Summary: 433 Institutional holders with a total value of $4,311,151,355.
#
Manager Name
Shares
Value ($)
%
Options
Notes
401 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 484,195 22,229,000 0.52%
402 PGGM Investments 489,779 22,486,000 0.52%
403 IRONBRIDGE CAPITAL MANAGEMENT LP 505,779 23,220,000 0.54%
404 OppenheimerFunds, Inc. 511,050 23,462,000 0.54%
405 THIRD AVENUE MANAGEMENT LLC 541,023 24,838,000 0.58%
406 BlackRock Finance, Inc. 563,405 25,866,000 0.60%
407 MORGAN STANLEY 595,438 27,335,000 0.63%
408 GEODE CAPITAL MANAGEMENT, LLC 624,005 28,642,000 0.66%
409 DEUTSCHE BANK AG\ 692,626 31,796,000 0.74%
410 CONFLUENCE INVESTMENT MANAGEMENT LLC 779,790 35,800,000 0.83%
411 NORGES BANK 851,543 39,094,000 0.91%
412 BANK OF AMERICA CORP /DE/ 857,885 39,385,000 0.91%
413 BlackRock Group LTD 969,940 44,530,000 1.03%
414 JANUS HENDERSON INVESTORS US LLC 1,104,744 50,719,000 1.18%
415 CRAMER ROSENTHAL MCGLYNN LLC 1,171,365 53,777,000 1.25%
416 PICTET ASSET MANAGEMENT LTD 1,373,002 63,034,000 1.46%
417 STRS OHIO 1,433,966 65,833,000 1.53%
418 ADVISORY RESEARCH INC 1,487,053 68,271,000 1.58%
419 Bank of New York Mellon Corp 1,556,531 71,461,000 1.66%
420 WELLINGTON MANAGEMENT GROUP LLP 1,615,973 74,189,000 1.72%
421 AMERIPRISE FINANCIAL INC 1,658,528 76,139,000 1.77%
422 NORTHERN TRUST CORP 1,670,291 76,683,000 1.78%
423 PRICE T ROWE ASSOCIATES INC /MD/ 2,137,841 98,148,000 2.28%
424 FMR LLC 2,452,755 112,606,000 2.61%
425 RENAISSANCE TECHNOLOGIES LLC 2,638,479 121,133,000 2.81%
426 First Eagle Investment Management, LLC 3,960,868 181,843,000 4.22%
427 STATE STREET CORP 3,986,857 183,031,000 4.25%
428 Shinko Asset Management Co., Ltd. 4,790,658 219,939,000 5.10%
429 BlackRock Institutional Trust Company, N.A. 4,796,321 220,199,000 5.11%
430 BlackRock Fund Advisors 4,801,931 220,457,000 5.11%
431 Invesco Ltd. 4,820,864 221,327,000 5.13%
432 JPMORGAN CHASE & CO 6,936,657 318,463,000 7.39%
433 VANGUARD GROUP INC 7,207,616 330,902,000 7.68%
Page 9 of 9

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.