Reading International (RDI)

• Market cap: $31.4M
• 1 day: -4.76%
• 5 days: 1.45%
• 1 month: 11.11%
• 3 months: -12.50%
• 6 months: -1.41%
• Year to date: 1.45%
• 1 year: -30.35%
• 5 years: -87.19%
• 10 years: -88.31%
• Sector: Consumer Discretionary
• Industry: Motion Picture (Film) Theaters

About: Reading International Inc is a diversified company, engaged in the development, ownership, and operation of multiplex cinemas and retail and commercial real estate in the United States, Australia, and New Zealand. It operates through two segments: the Cinema segment includes Reading Cinemas, Angelika Film Center, Consolidated Theatres, and City Cinemas; the Real Estate segment includes real estate development and the rental or licensing of retail, commercial, and live theater assets.

Employees: 2,025

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

13% less capital invested

Capital invested by funds: $19.3M [Q2] → $16.7M (-$2.59M) [Q3]

16.12% less ownership

Funds ownership: 65.58% [Q2] → 49.46% (-16.12%) [Q3]

19% less funds holding

Funds holding: 32 [Q2] → 26 (-6) [Q3]

58% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 12

83% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 6

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $2K