RLI Corp
173 hedge funds and large institutions have $1.83B invested in RLI Corp in 2015 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 63 increasing their positions, 66 reducing their positions, and 8 closing their positions.
163% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 8
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
7% more funds holding
Funds holding: 161 → 173 (+12)
2% more capital invested
Capital invested by funds: $1.79B → $1.83B (+$37.9M)
5% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 66
3.37% less ownership
Funds ownership: 161.29% → 157.93% (-3.4%)
31% less call options, than puts
Call options by funds: $353K | Put options by funds: $514K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$21.4M |
| 2 |
Bank of New York Mellon
New York
|
+$19.2M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$7.79M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$5.18M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$4.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$42M |
| 2 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$34.1M |
| 3 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
-$9.99M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$7.78M |
| 5 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
-$4.71M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PP
176
Paloma Partners
Greenwich,
Connecticut
| – | -$273K | -10,600 | Closed |
|
|
WB
177
WesBanco Bank
Wheeling,
West Virginia
| – | -$255K | -9,940 | Closed |
|
178
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$229K | -8,920 | Closed |
|
|
PCM
179
Prelude Capital Management
New York
| – | -$16K | -620 | Closed |
|
|
CGH
180
Cleary Gull Holdings
Milwaukee,
Wisconsin
| – | -$8K | -294 | Closed |
|
|
BCM
181
Brookstone Capital Management
Wheaton,
Illinois
| – | -$3K | -118 | Closed |
|
RLI Hedge Fund Activity: Q3 2015 in Review
173 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in RLI Corp (RLI) for Q3 2015, worth a combined $1.83B — up 2.1% from $1.79B a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new RLI positions and 8 closed out — a net gain of 13 holders — while 63 added to existing stakes and 66 trimmed.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $21.4M. The largest seller was Kayne Anderson Rudnick Investment Management, cutting an estimated $42M.
- 173 institutional investors held RLI Corp (RLI) as of Q3 2015, up from 161 in Q2 2015.
- Funds reported $1.83B of RLI Corp stock for Q3 2015, up 2.1% quarter-over-quarter.
- 21 funds opened new RLI Corp positions in Q3 2015 and 8 closed out, a net change of +13 holders.
- The largest RLI Corp buyer in Q3 2015 was Fidelity Investments, an estimated $21.4M added.
- The largest RLI Corp seller in Q3 2015 was Kayne Anderson Rudnick Investment Management, an estimated $42M sold.
Based on aggregated 13F filings for Q3 2015.