RLI Corp
RLI
145 hedge funds and large institutions have $1.52B invested in RLI Corp in 2013 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 49 increasing their positions, 54 reducing their positions, and 10 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
79% more call options, than puts
Call options by funds: $2.5M | Put options by funds: $1.4M
13% more capital invested
Capital invested by funds: $1.34B → $1.52B (+$180M)
9% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 54
1% less funds holding
Funds holding: 147 → 145 (-2)
3.61% less ownership
Funds ownership: 330.12% → 326.51% (-3.6%)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$7.2M |
| 2 |
Goldman Sachs
New York
|
+$2.93M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.49M |
| 4 |
WC
Walthausen & Co
Malta,
New York
|
+$1.76M |
| 5 |
MCM
Munder Capital Management
Birmingham,
Michigan
|
+$1.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KeyBank National Association
Cleveland,
Ohio
|
-$16.7M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$11.3M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$4.89M |
| 4 |
Neuberger Berman Group
New York
|
-$3.65M |
| 5 |
State Street
Boston,
Massachusetts
|
-$2.2M |
RLI Hedge Fund Activity: Q3 2013 in Review
145 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in RLI Corp (RLI) for Q3 2013, worth a combined $1.52B — up 13% from $1.34B a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of RLI and 9 opened new positions — a net loss of 1 holder — while 54 trimmed existing stakes and 49 added.
The largest buyer was BlackRock Fund Advisors, adding an estimated $7.2M. The largest seller was KeyBank National Association, cutting an estimated $16.7M.
- 145 institutional investors held RLI Corp (RLI) as of Q3 2013, down from 147 in Q2 2013.
- Funds reported $1.52B of RLI Corp stock for Q3 2013, up 13% quarter-over-quarter.
- 9 funds opened new RLI Corp positions in Q3 2013 and 10 closed out, a net change of -1 holder.
- The largest RLI Corp buyer in Q3 2013 was BlackRock Fund Advisors, an estimated $7.2M added.
- The largest RLI Corp seller in Q3 2013 was KeyBank National Association, an estimated $16.7M sold.
Based on aggregated 13F filings for Q3 2013.