Reading International Class A
71 hedge funds and large institutions have $145M invested in Reading International Class A in 2019 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 23 increasing their positions, 22 reducing their positions, and 9 closing their positions.
9% more capital invested
Capital invested by funds: $133M → $145M (+$11.5M)
5% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 22
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.24% less ownership
Funds ownership: 42.92% → 42.68% (-0.24%)
7% less funds holding
Funds holding: 76 → 71 (-5)
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
Top Buyers
Top Sellers
| 1 |
Morgan Stanley
New York
|
-$598K |
| 2 |
BlackRock
New York
|
-$557K |
| 3 |
AIP
ARS Investment Partners
New York
|
-$505K |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$326K |
| 5 |
Simplex Trading
Chicago,
Illinois
|
-$209K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$3K | -229 | Closed |
|
77
Fidelity Investments
Boston,
Massachusetts
| – | -$2K | -107 | Closed |
|
|
PFGIA
78
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| – | +$159 | +10 | New |
|
79
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | +$270 | +17 | New |
|
RDI Hedge Fund Activity: Q1 2019 in Review
71 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Reading International Class A (RDI) for Q1 2019, worth a combined $145M — up 8.6% from $133M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of RDI and 5 opened new positions — a net loss of 4 holders — while 22 trimmed existing stakes and 23 added.
The largest buyer was Kennedy Capital Management, adding an estimated $1.17M. The largest seller was Morgan Stanley, cutting an estimated $598K.
- 71 institutional investors held Reading International Class A (RDI) as of Q1 2019, down from 76 in Q4 2018.
- Funds reported $145M of Reading International Class A stock for Q1 2019, up 8.6% quarter-over-quarter.
- 5 funds opened new Reading International Class A positions in Q1 2019 and 9 closed out, a net change of -4 holders.
- The largest Reading International Class A buyer in Q1 2019 was Kennedy Capital Management, an estimated $1.17M added.
- The largest Reading International Class A seller in Q1 2019 was Morgan Stanley, an estimated $598K sold.
Based on aggregated 13F filings for Q1 2019.