RLI Corp
157 hedge funds and large institutions have $1.46B invested in RLI Corp in 2014 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 55 increasing their positions, 54 reducing their positions, and 12 closing their positions.
42% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 12
3% more funds holding
Funds holding: 153 → 157 (+4)
2% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 54
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.9% less ownership
Funds ownership: 157.67% → 155.77% (-1.9%)
7% less capital invested
Capital invested by funds: $1.56B → $1.46B (-$103M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$3.78M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.71M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$2.45M |
| 4 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$2.01M |
| 5 |
VDI
Vaughan David Investments
Peoria,
Illinois
|
+$1.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$15.8M |
| 2 |
Neuberger Berman Group
New York
|
-$6.02M |
| 3 |
MCM
Munder Capital Management
Birmingham,
Michigan
|
-$3.94M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$2.51M |
| 5 |
RA
Royce & Associates
New York
|
-$2.16M |
RLI Hedge Fund Activity: Q3 2014 in Review
157 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in RLI Corp (RLI) for Q3 2014, worth a combined $1.46B — down 6.6% from $1.56B a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new RLI positions and 12 closed out — a net gain of 5 holders — while 55 added to existing stakes and 54 trimmed.
The largest buyer was Van Berkom & Associates, adding an estimated $3.78M. The largest seller was Norges Bank, cutting an estimated $15.8M.
- 157 institutional investors held RLI Corp (RLI) as of Q3 2014, up from 153 in Q2 2014.
- Funds reported $1.46B of RLI Corp stock for Q3 2014, down 6.6% quarter-over-quarter.
- 17 funds opened new RLI Corp positions in Q3 2014 and 12 closed out, a net change of +5 holders.
- The largest RLI Corp buyer in Q3 2014 was Van Berkom & Associates, an estimated $3.78M added.
- The largest RLI Corp seller in Q3 2014 was Norges Bank, an estimated $15.8M sold.
Based on aggregated 13F filings for Q3 2014.