RLI Corp
213 hedge funds and large institutions have $2.43B invested in RLI Corp in 2018 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 78 increasing their positions, 65 reducing their positions, and 18 closing their positions.
192% more call options, than puts
Call options by funds: $742K | Put options by funds: $254K
33% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 18
20% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 65
5% more capital invested
Capital invested by funds: $2.31B → $2.43B (+$123M)
2% more funds holding
Funds holding: 208 → 213 (+5)
0.63% more ownership
Funds ownership: 173.03% → 173.66% (+0.63%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$17.5M |
| 2 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$11.3M |
| 3 |
State Street
Boston,
Massachusetts
|
+$10.6M |
| 4 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$5.27M |
| 5 |
BlackRock
New York
|
+$5.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$14.4M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$11.6M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$5.23M |
| 4 |
Neuberger Berman Group
New York
|
-$3.6M |
| 5 |
Goldman Sachs
New York
|
-$2.61M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
Simplex Trading
Chicago,
Illinois
| – | -$20K | -684 | Closed |
|
227
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$4K | -138 | Closed |
|
228
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$3K | -90 | Closed |
|
|
CCM
229
Cribstone Capital Management
Augusta,
Maine
| – | -$2K | -64 | Closed |
|
230
AssetMark Inc
Concord,
California
| – | -$2K | -52 | Closed |
|
|
STA
231
Summit Trail Advisors
New York
| – | -$1K | -26 | Closed |
|
RLI Hedge Fund Activity: Q1 2018 in Review
213 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in RLI Corp (RLI) for Q1 2018, worth a combined $2.43B — up 5.3% from $2.31B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new RLI positions and 18 closed out — a net gain of 6 holders — while 78 added to existing stakes and 65 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $17.5M. The largest seller was Franklin Resources, cutting an estimated $14.4M.
- 213 institutional investors held RLI Corp (RLI) as of Q1 2018, up from 208 in Q4 2017.
- Funds reported $2.43B of RLI Corp stock for Q1 2018, up 5.3% quarter-over-quarter.
- 24 funds opened new RLI Corp positions in Q1 2018 and 18 closed out, a net change of +6 holders.
- The largest RLI Corp buyer in Q1 2018 was JP Morgan Chase, an estimated $17.5M added.
- The largest RLI Corp seller in Q1 2018 was Franklin Resources, an estimated $14.4M sold.
Based on aggregated 13F filings for Q1 2018.