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Reading International Class A

69 hedge funds and large institutions have $111M invested in Reading International Class A in 2019 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 27 increasing their positions, 20 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

35% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 20

1.97% more ownership

Funds ownership: 42.36%44.34% (+2%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

5% less capital invested

Capital invested by funds: $117M → $111M (-$5.59M)

7% less funds holding

Funds holding: 7469 (-5)

56% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 9

Holders
69
Holders Change
-5
Holders Change %
-6.76%
% of All Funds
1.51%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
4
Increased
27
Reduced
20
Closed
9
Calls
$482K
Puts
Net Calls
+$482K
Net Calls Change
+$496K
Name Holding Trade Value Shares
Change
Change in
Stake
WPC
26
White Pine Capital
Minnesota
$639K -$326K -25,850 -33%
Goldman Sachs
27
Goldman Sachs
New York
$636K +$672K +53,188 New
CSC
28
Cove Street Capital
California
$598K
WIM
29
Wilen Investment Management
Florida
$553K -$9.79K -775 -2%
Charles Schwab
30
Charles Schwab
California
$481K
Arrowstreet Capital
31
Arrowstreet Capital
Massachusetts
$392K -$447K -35,424 -52%
MERSOM
32
Municipal Employees' Retirement System of Michigan
Michigan
$385K
Wells Fargo
33
Wells Fargo
California
$375K +$27.1K +2,150 +7%
FFA
34
First Foundation Advisors
California
$347K +$125K +9,926 +52%
Invesco
35
Invesco
Georgia
$338K -$2.89K -229 -0.8%
RhumbLine Advisers
36
RhumbLine Advisers
Massachusetts
$323K +$27.8K +2,202 +9%
California State Teachers Retirement System (CalSTRS)
37
California State Teachers Retirement System (CalSTRS)
California
$307K
EP
38
Elkhorn Partners
Nebraska
$258K +$51.8K +4,100 +23%
Bank of America
39
Bank of America
North Carolina
$238K +$127K +10,044 +101%
New York State Common Retirement Fund
40
New York State Common Retirement Fund
New York
$209K
SCM
41
Schnieders Capital Management
California
$207K
PPA
42
Parametric Portfolio Associates
Washington
$202K +$71.6K +5,672 +51%
AllianceBernstein
43
AllianceBernstein
Tennessee
$197K +$10.1K +800 +5%
Russell Investments Group
44
Russell Investments Group
United Kingdom
$190K -$426K -33,764 -68%
NSEDCP
45
NJ State Employees Deferred Compensation Plan
New Jersey
$161K -$170K -13,500 -50%
UBS Group
46
UBS Group
Switzerland
$146K +$113K +8,940 +272%
Manulife (Manufacturers Life Insurance)
47
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$142K
Stifel Financial
48
Stifel Financial
Missouri
$139K -$13.5K -1,070 -8%
Morgan Stanley
49
Morgan Stanley
New York
$138K +$51.7K +4,095 +55%
LPL Financial
50
LPL Financial
California
$132K

RDI Hedge Fund Activity: Q3 2019 in Review

69 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Reading International Class A (RDI) for Q3 2019, worth a combined $111M — down 4.8% from $117M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of RDI and 4 opened new positions — a net loss of 5 holders — while 20 trimmed existing stakes and 27 added.

The largest buyer was Acadian Asset Management, opening a new position worth an estimated $1.73M. The largest seller was Arrowstreet Capital, cutting an estimated $447K.

  • 69 institutional investors held Reading International Class A (RDI) as of Q3 2019, down from 74 in Q2 2019.
  • Funds reported $111M of Reading International Class A stock for Q3 2019, down 4.8% quarter-over-quarter.
  • 4 funds opened new Reading International Class A positions in Q3 2019 and 9 closed out, a net change of -5 holders.
  • The largest Reading International Class A buyer in Q3 2019 was Acadian Asset Management, an estimated $1.73M added.
  • The largest Reading International Class A seller in Q3 2019 was Arrowstreet Capital, an estimated $447K sold.

Based on aggregated 13F filings for Q3 2019.