Reading International Class A
47 hedge funds and large institutions have $29.5M invested in Reading International Class A in 2020 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 25 reducing their positions, and 16 closing their positions.
1.32% less ownership
Funds ownership: 46.96% → 45.64% (-1.3%)
23% less funds holding
Funds holding: 61 → 47 (-14)
26% less capital invested
Capital invested by funds: $40M → $29.5M (-$10.5M)
76% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 25
88% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 16
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
Top Sellers
| 1 |
Goldman Sachs
New York
|
-$782K |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$290K |
| 3 |
TA
Teton Advisors
Rye,
New York
|
-$215K |
| 4 |
GF
Gabelli Funds
Rye,
New York
|
-$172K |
| 5 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$169K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citadel Advisors
Miami,
Florida
| – | -$54K | -12,722 | Closed |
|
|
AFP
52
Ausdal Financial Partners
Davenport,
Iowa
| – | -$51K | -12,000 | Closed |
|
53
Russell Investments Group
London,
United Kingdom
| – | -$20K | -4,800 | Closed |
|
|
MAP
54
Madison Avenue Partners
New York
| – | -$19K | -4,438 | Closed |
|
55
Barclays
London,
United Kingdom
| – | -$19K | -4,379 | Closed |
|
56
UBS Group
Zurich,
Switzerland
| – | -$7.18K | -1,768 | -95% |
|
|
PAG
57
Private Advisor Group
Morristown,
New Jersey
| – | -$4K | -937 | Closed |
|
58
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$2K | -540 | Closed |
|
|
HFA
59
Hoover Financial Advisors
Malvern,
Pennsylvania
| – | -$2K | -500 | Closed |
|
|
BCA
60
Berman Capital Advisors
Atlanta,
Georgia
| – | -$1K | -304 | Closed |
|
61
Osaic Holdings
Scottsdale,
Arizona
| – | -$195 | -48 | -42% |
|
RDI Hedge Fund Activity: Q3 2020 in Review
47 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Reading International Class A (RDI) for Q3 2020, worth a combined $29.5M — down 26% from $40M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of RDI and 2 opened new positions — a net loss of 14 holders — while 25 trimmed existing stakes and 6 added.
The largest buyer was Nantahala Capital Management, adding an estimated $1.37M. The largest seller was Goldman Sachs, exiting entirely with an estimated $782K sold.
- 47 institutional investors held Reading International Class A (RDI) as of Q3 2020, down from 61 in Q2 2020.
- Funds reported $29.5M of Reading International Class A stock for Q3 2020, down 26% quarter-over-quarter.
- 2 funds opened new Reading International Class A positions in Q3 2020 and 16 closed out, a net change of -14 holders.
- The largest Reading International Class A buyer in Q3 2020 was Nantahala Capital Management, an estimated $1.37M added.
- The largest Reading International Class A seller in Q3 2020 was Goldman Sachs, an estimated $782K sold.
Based on aggregated 13F filings for Q3 2020.