RLI Corp
165 hedge funds and large institutions have $1.67B invested in RLI Corp in 2013 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 59 increasing their positions, 54 reducing their positions, and 6 closing their positions.
350% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 6
30% more call options, than puts
Call options by funds: $1.62M | Put options by funds: $1.25M
14% more funds holding
Funds holding: 145 → 165 (+20)
9% more capital invested
Capital invested by funds: $1.52B → $1.67B (+$143M)
9% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 54
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6.98% less ownership
Funds ownership: 326.51% → 319.53% (-7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$13.6M |
| 2 |
RA
Royce & Associates
New York
|
+$5.67M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.13M |
| 4 |
Morgan Stanley
New York
|
+$5M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$2.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$21.2M |
| 2 |
WC
Walthausen & Co
Malta,
New York
|
-$18M |
| 3 |
Bank of New York Mellon
New York
|
-$12.8M |
| 4 |
Neuberger Berman Group
New York
|
-$6.98M |
| 5 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$3.96M |
RLI Hedge Fund Activity: Q4 2013 in Review
165 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in RLI Corp (RLI) for Q4 2013, worth a combined $1.67B — up 9.4% from $1.52B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new RLI positions and 6 closed out — a net gain of 21 holders — while 59 added to existing stakes and 54 trimmed.
The largest buyer was Northern Trust, adding an estimated $13.6M. The largest seller was Confluence Investment Management, exiting entirely with an estimated $21.2M sold.
- 165 institutional investors held RLI Corp (RLI) as of Q4 2013, up from 145 in Q3 2013.
- Funds reported $1.67B of RLI Corp stock for Q4 2013, up 9.4% quarter-over-quarter.
- 27 funds opened new RLI Corp positions in Q4 2013 and 6 closed out, a net change of +21 holders.
- The largest RLI Corp buyer in Q4 2013 was Northern Trust, an estimated $13.6M added.
- The largest RLI Corp seller in Q4 2013 was Confluence Investment Management, an estimated $21.2M sold.
Based on aggregated 13F filings for Q4 2013.