RLI Corp
153 hedge funds and large institutions have $1.56B invested in RLI Corp in 2014 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 54 increasing their positions, 53 reducing their positions, and 13 closing their positions.
4% more capital invested
Capital invested by funds: $1.5B → $1.56B (+$60.2M)
2% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 53
0.07% more ownership
Funds ownership: 157.6% → 157.67% (+0.07%)
1% less funds holding
Funds holding: 154 → 153 (-1)
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$13.3M |
| 2 |
RA
Royce & Associates
New York
|
+$9.94M |
| 3 |
SCM
Snyder Capital Management
San Francisco,
California
|
+$5.97M |
| 4 |
MCM
Munder Capital Management
Birmingham,
Michigan
|
+$2.39M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$16.9M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$6.12M |
| 3 |
Neuberger Berman Group
New York
|
-$3.8M |
| 4 |
State Street
Boston,
Massachusetts
|
-$3.62M |
| 5 |
NIP
Nicholas Investment Partners
Rancho Santa Fe,
California
|
-$2.73M |
RLI Hedge Fund Activity: Q2 2014 in Review
153 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in RLI Corp (RLI) for Q2 2014, worth a combined $1.56B — up 4% from $1.5B a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of RLI and 12 opened new positions — a net loss of 1 holder — while 53 trimmed existing stakes and 54 added.
The largest buyer was Norges Bank, adding an estimated $13.3M. The largest seller was Bank of New York Mellon, cutting an estimated $16.9M.
- 153 institutional investors held RLI Corp (RLI) as of Q2 2014, down from 154 in Q1 2014.
- Funds reported $1.56B of RLI Corp stock for Q2 2014, up 4% quarter-over-quarter.
- 12 funds opened new RLI Corp positions in Q2 2014 and 13 closed out, a net change of -1 holder.
- The largest RLI Corp buyer in Q2 2014 was Norges Bank, an estimated $13.3M added.
- The largest RLI Corp seller in Q2 2014 was Bank of New York Mellon, an estimated $16.9M sold.
Based on aggregated 13F filings for Q2 2014.