RLI Corp
193 hedge funds and large institutions have $2.35B invested in RLI Corp in 2016 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 65 increasing their positions, 74 reducing their positions, and 19 closing their positions.
302% more call options, than puts
Call options by funds: $2.8M | Put options by funds: $696K
32% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 19
11% more capital invested
Capital invested by funds: $2.12B → $2.35B (+$232M)
4.08% more ownership
Funds ownership: 158.14% → 162.23% (+4.1%)
3% more funds holding
Funds holding: 187 → 193 (+6)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
12% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 74
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$68.3M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$37.4M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.9M |
| 4 |
Goldman Sachs
New York
|
+$8.95M |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$8.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$23.1M |
| 2 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$14.2M |
| 3 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
-$10.1M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$4.25M |
| 5 |
WI
WBI Investments
Red Bank,
New Jersey
|
-$4.13M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Rafferty Asset Management
New York
| – | -$409K | -13,044 | Closed |
|
|
AI
202
Analytic Investors
Los Angeles,
California
| – | -$380K | -12,308 | Closed |
|
|
SSG
203
Summit Securities Group
New York
| – | -$333K | -10,800 | Closed |
|
|
JIM
204
Jupiter Investment Management
London,
United Kingdom
| – | -$259K | -8,404 | Closed |
|
|
DC
205
Deere & Company
Moline,
Illinois
| – | -$249K | -8,072 | Closed |
|
|
IA
206
IFP Advisors
Tampa,
Florida
| – | -$31K | -1,000 | Closed |
|
207
Bessemer Group
Woodbridge,
New Jersey
| – | -$13K | -434 | Closed |
|
208
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$12K | -380 | Closed |
|
|
AFP
209
Ausdal Financial Partners
Davenport,
Iowa
| – | -$10K | -312 | Closed |
|
|
TRCT
210
Tower Research Capital (TRC)
New York
| – | -$6K | -200 | Closed |
|
|
CG
211
Cutler Group
San Francisco,
California
| – | -$3.65K | -116 | Closed |
|
212
Acadian Asset Management
Boston,
Massachusetts
| – | -$1K | -18 | Closed |
|
RLI Hedge Fund Activity: Q1 2016 in Review
193 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in RLI Corp (RLI) for Q1 2016, worth a combined $2.35B — up 11% from $2.12B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new RLI positions and 19 closed out — a net gain of 6 holders — while 65 added to existing stakes and 74 trimmed.
The largest buyer was State Street, adding an estimated $68.3M. The largest seller was Franklin Resources, cutting an estimated $23.1M.
- 193 institutional investors held RLI Corp (RLI) as of Q1 2016, up from 187 in Q4 2015.
- Funds reported $2.35B of RLI Corp stock for Q1 2016, up 11% quarter-over-quarter.
- 25 funds opened new RLI Corp positions in Q1 2016 and 19 closed out, a net change of +6 holders.
- The largest RLI Corp buyer in Q1 2016 was State Street, an estimated $68.3M added.
- The largest RLI Corp seller in Q1 2016 was Franklin Resources, an estimated $23.1M sold.
Based on aggregated 13F filings for Q1 2016.