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Reading International Class A

73 hedge funds and large institutions have $118M invested in Reading International Class A in 2017 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 24 increasing their positions, 27 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

800% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 1

272% more call options, than puts

Call options by funds: $1.1M | Put options by funds: $295K

6% more funds holding

Funds holding: 6973 (+4)

0.18% more ownership

Funds ownership: 35.53%35.71% (+0.18%)

7% less capital invested

Capital invested by funds: $128M → $118M (-$9.49M)

11% less repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 27

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

Holders
73
Holders Change
+4
Holders Change %
+5.8%
% of All Funds
1.82%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.07%
New
9
Increased
24
Reduced
27
Closed
1
Calls
$1.1M
Puts
$295K
Net Calls
+$801K
Net Calls Change
-$274K
Name Holding Trade Value Shares
Change
Change in
Stake
PG
26
PEAK6 Group
Illinois
$684K +$173K +10,686 +32%
EI
27
EAM Investors
California
$652K -$1.28M -79,025 -65%
GI
28
GAMCO Investors
Connecticut
$627K -$486 -30 -0.1%
Morgan Stanley
29
Morgan Stanley
New York
$554K -$419K -25,836 -42%
California State Teachers Retirement System (CalSTRS)
30
California State Teachers Retirement System (CalSTRS)
California
$526K -$13K -800 -2%
BRF
31
B. Riley Financial
California
$470K +$212K +13,057 +76%
BCA
32
Benchmark Capital Advisors
New York
$429K
TA
33
Teachers Advisors
New York
$427K +$24K +1,479 +6%
Parallax Volatility Advisers
34
Parallax Volatility Advisers
California
$411K +$429K +26,456 New
MERSOM
35
Municipal Employees' Retirement System of Michigan
Michigan
$397K
YAM
36
Yacktman Asset Management
Texas
$373K
Charles Schwab
37
Charles Schwab
California
$358K
Invesco
38
Invesco
Georgia
$320K -$164K -10,094 -33%
RhumbLine Advisers
39
RhumbLine Advisers
Massachusetts
$302K +$12.7K +784 +4%
Susquehanna International Group
40
Susquehanna International Group
Pennsylvania
$294K -$1.68M -103,614 -85%
SCM
41
Schnieders Capital Management
California
$269K
New York State Common Retirement Fund
42
New York State Common Retirement Fund
New York
$235K +$16 +1 +0%
Manulife (Manufacturers Life Insurance)
43
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$233K +$25.3K +1,561 +12%
GF
44
Gabelli Funds
New York
$218K +$227K +14,000 New
ZIM
45
Zacks Investment Management
Illinois
$215K +$224K +13,833 New
Stifel Financial
46
Stifel Financial
Missouri
$198K
MLICM
47
Metropolitan Life Insurance Company (MetLife)
New York
$197K
Wolverine Trading
48
Wolverine Trading
Illinois
$197K +$206K +12,717 New
First Trust Advisors
49
First Trust Advisors
Illinois
$194K -$73.3K -4,520 -27%
Wells Fargo
50
Wells Fargo
California
$186K -$91.3K -5,636 -32%

RDI Hedge Fund Activity: Q1 2017 in Review

73 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Reading International Class A (RDI) for Q1 2017, worth a combined $118M — down 7.4% from $128M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new RDI positions and 1 closed out — a net gain of 8 holders — while 24 added to existing stakes and 27 trimmed.

The largest buyer was BlackRock, adding an estimated $12.7M. The largest seller was Susquehanna International Group, cutting an estimated $1.68M.

  • 73 institutional investors held Reading International Class A (RDI) as of Q1 2017, up from 69 in Q4 2016.
  • Funds reported $118M of Reading International Class A stock for Q1 2017, down 7.4% quarter-over-quarter.
  • 9 funds opened new Reading International Class A positions in Q1 2017 and 1 closed out, a net change of +8 holders.
  • The largest Reading International Class A buyer in Q1 2017 was BlackRock, an estimated $12.7M added.
  • The largest Reading International Class A seller in Q1 2017 was Susquehanna International Group, an estimated $1.68M sold.

Based on aggregated 13F filings for Q1 2017.