RLI Corp
318 hedge funds and large institutions have $5B invested in RLI Corp in 2023 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 117 increasing their positions, 115 reducing their positions, and 37 closing their positions.
42% more call options, than puts
Call options by funds: $2.55M | Put options by funds: $1.79M
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
6% more capital invested
Capital invested by funds: $4.71B → $5B (+$294M)
3.93% more ownership
Funds ownership: 162.36% → 166.29% (+3.9%)
2% more repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 115
4% less funds holding
Funds holding: 331 → 318 (-13)
30% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$90.6M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$20.3M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$17.6M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$16.5M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$15.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$37M |
| 2 |
BlackRock
New York
|
-$9.92M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$9.24M |
| 4 |
State Street
Boston,
Massachusetts
|
-$8.89M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$7.29M |
RLI Hedge Fund Activity: Q1 2023 in Review
318 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in RLI Corp (RLI) for Q1 2023, worth a combined $5B — up 6.2% from $4.71B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of RLI and 26 opened new positions — a net loss of 11 holders — while 115 trimmed existing stakes and 117 added.
The largest buyer was AllianceBernstein, adding an estimated $90.6M. The largest seller was Morgan Stanley, cutting an estimated $37M.
- 318 institutional investors held RLI Corp (RLI) as of Q1 2023, down from 331 in Q4 2022.
- Funds reported $5B of RLI Corp stock for Q1 2023, up 6.2% quarter-over-quarter.
- 26 funds opened new RLI Corp positions in Q1 2023 and 37 closed out, a net change of -11 holders.
- The largest RLI Corp buyer in Q1 2023 was AllianceBernstein, an estimated $90.6M added.
- The largest RLI Corp seller in Q1 2023 was Morgan Stanley, an estimated $37M sold.
Based on aggregated 13F filings for Q1 2023.