Reading International Class A
75 hedge funds and large institutions have $140M invested in Reading International Class A in 2017 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 29 increasing their positions, 16 reducing their positions, and 10 closing their positions.
81% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 16
80% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 10
42% more call options, than puts
Call options by funds: $2.47M | Put options by funds: $1.74M
12% more funds holding
Funds holding: 67 → 75 (+8)
11% more capital invested
Capital invested by funds: $126M → $140M (+$14.1M)
2.12% more ownership
Funds ownership: 37.61% → 39.73% (+2.1%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| 1 |
CSC
Cove Street Capital
El Segundo,
California
|
+$1.57M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
+$1.17M |
| 3 |
GF
Gabelli Funds
Rye,
New York
|
+$818K |
| 4 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$714K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$699K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
SG Americas Securities
New York
| – | -$319K | -20,285 | Closed |
|
77
Goldman Sachs
New York
| – | -$232K | -14,751 | Closed |
|
|
NFA
78
Nationwide Fund Advisors
Columbus,
Ohio
| – | -$210K | -13,357 | Closed |
|
|
BRF
79
B. Riley Financial
Los Angeles,
California
| – | -$204K | -13,000 | Closed |
|
|
CS
80
Credit Suisse
Zurich,
Switzerland
| – | -$182K | -11,595 | Closed |
|
|
ZIM
81
Zacks Investment Management
Chicago,
Illinois
| – | -$163K | -10,368 | Closed |
|
|
FDCDDQ
82
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| – | -$31.4K | -2,000 | Closed |
|
83
SEI Investments
Oaks,
Pennsylvania
| – | -$4K | -223 | Closed |
|
|
MAM
84
Meeder Asset Management
Dublin,
Ohio
| – | -$1K | -49 | Closed |
|
|
MOS
85
MGO One Seven
Beachwood,
Ohio
| – | +$361 | +23 | New |
|
RDI Hedge Fund Activity: Q4 2017 in Review
75 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Reading International Class A (RDI) for Q4 2017, worth a combined $140M — up 11% from $126M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new RDI positions and 10 closed out — a net gain of 8 holders — while 29 added to existing stakes and 16 trimmed.
The largest buyer was Cove Street Capital, opening a new position worth an estimated $1.57M. The largest seller was Sanders Morris Harris, cutting an estimated $1.26M.
- 75 institutional investors held Reading International Class A (RDI) as of Q4 2017, up from 67 in Q3 2017.
- Funds reported $140M of Reading International Class A stock for Q4 2017, up 11% quarter-over-quarter.
- 18 funds opened new Reading International Class A positions in Q4 2017 and 10 closed out, a net change of +8 holders.
- The largest Reading International Class A buyer in Q4 2017 was Cove Street Capital, an estimated $1.57M added.
- The largest Reading International Class A seller in Q4 2017 was Sanders Morris Harris, an estimated $1.26M sold.
Based on aggregated 13F filings for Q4 2017.