RLI Corp
241 hedge funds and large institutions have $3.56B invested in RLI Corp in 2019 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 85 increasing their positions, 70 reducing their positions, and 27 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
21% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 70
4% more capital invested
Capital invested by funds: $3.42B → $3.56B (+$139M)
3% less funds holding
Funds holding: 248 → 241 (-7)
4.28% less ownership
Funds ownership: 179.21% → 174.94% (-4.3%)
26% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 27
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1.02M
Top Buyers
| 1 |
BlackRock
New York
|
+$9.86M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.82M |
| 3 |
Charles Schwab
San Francisco,
California
|
+$2.46M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$2.19M |
| 5 |
Citigroup
New York
|
+$1.93M |
Top Sellers
| 1 |
State Street
Boston,
Massachusetts
|
-$27.7M |
| 2 |
Northern Trust
Chicago,
Illinois
|
-$16.6M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$14M |
| 4 |
JP Morgan Chase
New York
|
-$4.74M |
| 5 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$4.47M |
RLI Hedge Fund Activity: Q3 2019 in Review
241 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in RLI Corp (RLI) for Q3 2019, worth a combined $3.56B — up 4.1% from $3.42B a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of RLI and 20 opened new positions — a net loss of 7 holders — while 70 trimmed existing stakes and 85 added.
The largest buyer was BlackRock, adding an estimated $9.86M. The largest seller was State Street, cutting an estimated $27.7M.
- 241 institutional investors held RLI Corp (RLI) as of Q3 2019, down from 248 in Q2 2019.
- Funds reported $3.56B of RLI Corp stock for Q3 2019, up 4.1% quarter-over-quarter.
- 20 funds opened new RLI Corp positions in Q3 2019 and 27 closed out, a net change of -7 holders.
- The largest RLI Corp buyer in Q3 2019 was BlackRock, an estimated $9.86M added.
- The largest RLI Corp seller in Q3 2019 was State Street, an estimated $27.7M sold.
Based on aggregated 13F filings for Q3 2019.