RLI Corp
RLI
154 hedge funds and large institutions have $1.5B invested in RLI Corp in 2014 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 58 increasing their positions, 47 reducing their positions, and 26 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 47
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
7% less funds holding
Funds holding: 165 → 154 (-11)
10% less capital invested
Capital invested by funds: $1.67B → $1.5B (-$166M)
38% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 26
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $420K
161.92% less ownership
Funds ownership: 319.53% → 157.6% (-162%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$7.98M |
| 2 |
Bank of New York Mellon
New York
|
+$7.2M |
| 3 |
MCM
Munder Capital Management
Birmingham,
Michigan
|
+$4.86M |
| 4 |
SCM
Snyder Capital Management
San Francisco,
California
|
+$4.04M |
| 5 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
+$3.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$14.7M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$14.6M |
| 3 |
ICM
IronBridge Capital Management
Oakbrook Terrace,
Illinois
|
-$13.1M |
| 4 |
Neuberger Berman Group
New York
|
-$7.23M |
| 5 |
JP Morgan Chase
New York
|
-$3.02M |
RLI Hedge Fund Activity: Q1 2014 in Review
154 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in RLI Corp (RLI) for Q1 2014, worth a combined $1.5B — down 10% from $1.67B a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of RLI and 16 opened new positions — a net loss of 10 holders — while 47 trimmed existing stakes and 58 added.
The largest buyer was State Street, adding an estimated $7.98M. The largest seller was Northern Trust, cutting an estimated $14.7M.
- 154 institutional investors held RLI Corp (RLI) as of Q1 2014, down from 165 in Q4 2013.
- Funds reported $1.5B of RLI Corp stock for Q1 2014, down 10% quarter-over-quarter.
- 16 funds opened new RLI Corp positions in Q1 2014 and 26 closed out, a net change of -10 holders.
- The largest RLI Corp buyer in Q1 2014 was State Street, an estimated $7.98M added.
- The largest RLI Corp seller in Q1 2014 was Northern Trust, an estimated $14.7M sold.
Based on aggregated 13F filings for Q1 2014.