Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

READING INTL INC (RDI)

28 + Investors. Track Smart Money conviction in RDI. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -2
Streak
2Q ▼
Buyers last Q
35%

Smart Money Signals — RDI

Based on 28 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their RDI positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 85% of 3.0Y peak

85% of all-time peak
28 funds currently hold this stock — 85% of the 3.0-year high of 33 funds (reached 2023 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +8% more funds vs a year ago

fund count last 6Q
+2 new funds entered over the past year (+8% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🔴

Heavy selling pressure — only 35% buying

7 buying13 selling
Last quarter: 13 funds sold vs only 7 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
➡️

Steady new buyers — ~3 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 4 → 4 → 0 → 3. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

68% of holders stayed for 2+ years

■ 68% conviction (2yr+) ■ 21% medium ■ 11% new
19 out of 28 hedge funds have held RDI for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
⚠️

Saturation — most institutions already know this story

0 → 4 → 4 → 0 → 3 new funds/Q
New funds entering each quarter: 4 → 4 → 0 → 3. Far fewer institutions are entering now vs. a year ago. When the pool of potential new buyers shrinks this fast, future price support from institutional inflows weakens significantly.
🏛️

Deep conviction — 75% of holders stayed 2+ years

■ 75% veterans ■ 11% 1-2yr ■ 14% new
Of 28 current holders: 21 (75%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
📋

Smaller funds dominant — 8% AUM from top-100

8% from top-100 AUM funds
9 of 28 holders rank in the top 100 by AUM, but together hold only 8% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
3.3
out of 10
Low Exit Risk
Exit risk score 3.3/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — RDI

In 2026 Q1, 7 hedge funds were net buyers of RDI (3 opened a new position, 4 added to an existing one), while 13 reduced or exited (8 trimmed, 5 sold completely) — a 35% buyer ratio, indicating net institutional distribution. Net selling has persisted for two consecutive quarters. Net fund flow last quarter: -2 funds (more exits than new entries). Total institutional holders: 28.

Hedge Fund Ownership: RDI

How many hedge funds hold RDI — quarterly history vs. share price
Quarterly hedge fund ownership of RDI vs. share price

Market Analysis: RDI

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: RDI

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy READING INTL INC (RDI) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much RDI has moved relative to its sector benchmark (XLC) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 51d ago
RDI
-10.1%
XLC
+4.0%

RDI outperformed XLC by -14.1% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 6d ago
RDI
-4.6%
XLC
-0.6%

Since the filing became public, RDI outperformed XLC by -4.0% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

3 top-rated funds 0 high-conviction
Consensus
2.6
/ 10
breadth
×
Elite
0.1
/ 10
conviction
Hedge Fund Positioning: RDI
28 + Investors

Track Smart Money conviction in RDI. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 28 30 -6.67%
13F Shares 8M 9M -2.1%
Total Value $10M $9M 4.34%
New Positions 3 0 +3
Increased Positions 4 7 -3
Closed Positions 5 3 +2
Reduced Positions 8 10 -2
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: RDI

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

28 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in RDI. Verified SEC 13F-HR filings.

QUARTER:
Top 25 institutional holders of RDI — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 WITTENBERG INVESTMENT MANAGEMENT, INC. 0.41% 986,145 $1.1M
2 Teton Advisors, LLC 0.11% 139,000 $157K
3 Krilogy Financial LLC 0.10% 2,512,119 $3.0M
4 Nantahala Capital Management, LLC 0.08% 1,921,088 $2.2M
5 ELKHORN PARTNERS LIMITED PARTNERSHIP 0.02% 26,000 $29K
6 GAMCO INVESTORS, INC. ET AL 0.00% 361,100 $408K
7 YACKTMAN ASSET MANAGEMENT LP 0.00% 265,000 $299K
8 Mraz, Amerine & Associates, Inc. 0.00% 18,850 $21K
9 NJ State Employees Deferred Compensation Plan 0.00% 13,500 $20K
10 RENAISSANCE TECHNOLOGIES LLC 0.00% 511,990 $579K
11 GABELLI FUNDS LLC 0.00% 87,000 $98K
12 Arax Advisory Partners 0.00% 14,804 $17K
13 CALDWELL SUTTER CAPITAL, INC. 0.00% 1,000 $1K
14 XTX Topco Ltd 0.00% 17,868 $20K
15 WELLS FARGO & COMPANY/MN 0.00% 220,103 $249K
16 VANGUARD FIDUCIARY TRUST CO 0.00% 82,133 $93K
17 VANGUARD CAPITAL MANAGEMENT LLC 0.00% 753,927 $852K
18 CITADEL ADVISORS LLC 0.00% 69,966 $79K
19 Tower Research Capital LLC (TRC) 0.00% 237 —
20 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% 30,265 $34K
21 UBS Group AG 0.00% 6,731 $8K
22 FMR LLC 0.00% 18,373 $21K
23 BlackRock, Inc. 0.00% 51,705 $58K
24 MORGAN STANLEY 0.00% 471 —
25 SBI Securities Co., Ltd. 0.00% 1 —
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — READING INTL INC (RDI)

What does the Smart Money Trend signal show for RDI?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their RDI positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for RDI?

Heavy selling pressure — only 35% buying: Last quarter: 13 funds sold vs only 7 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.

What is the fund quality score for RDI holders?

Smaller funds dominant — 8% AUM from top-100: 9 of 28 holders rank in the top 100 by AUM, but together hold only 8% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held RDI?

68% of holders stayed for 2+ years: 19 out of 28 hedge funds have held RDI for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy READING INTL INC (RDI) following the 2026 Q1 hedge fund 13F filings?

As of today, RDI has moved -4.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to -0.6% for the XLC sector ETF — an outperformance of -4.0%. Since the quarter end (March 31, 2026), RDI has gained -10.1% vs +4.0% for XLC. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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