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Institutional Ownership · SEC Form 13F

Who owns RLI (RLI)


Which tracked institutional funds hold RLI, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See RLI company fundamentals →

Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

419
Institutional holders
81,316,896
Shares held (tracked funds)
88.5%
Of shares outstanding

How the tape is positioned

62 tracked funds added or opened RLI while 124 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.

A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.

Conviction spread

RLI’s largest tracked holder by dollar value, VANGUARD GROUP INC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes RLI more heavily than its largest holder by dollar value does.

Book-share is each fund’s reported value in RLI divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.

Institutional & insider positioning

Between 2025-Q4 and 2026-Q1, across 419 tracked filers holding RLI, 205 increased or opened the position and 228 reduced or closed it; over the same quarter, open-market insider Form 4s were net purchases.

This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.

New buyers & exits

Funds opening or closing a position in RLI between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.

New buyers 23

  • VANGUARD PORTFOLIO MANAGEMENT LLC$274M
  • VANGUARD CAPITAL MANAGEMENT LLC$234M
  • VANGUARD FIDUCIARY TRUST CO$32M
  • WELLINGTON MANAGEMENT GROUP LLP$29M
  • Caisse de depot et placement du Quebec$6M
  • VANGUARD ASSET MANAGEMENT, Ltd$4M

Full exits 22

  • VANGUARD GROUP INC$596M
  • Woodline Partners LP$38M
  • MILLENNIUM MANAGEMENT LLC$15M
  • Point72 Asset Management, L.P.$11M
  • Madison Asset Management, LLC$6M
  • TWO SIGMA ADVISERS, LP$4M

Largest adds

  • T. Rowe Price Investment Management, Inc.$51M
  • FIRST TRUST ADVISORS LP$29M
  • ARIEL INVESTMENTS, LLC$26M
  • TWO SIGMA INVESTMENTS, LP$26M
  • WASATCH ADVISORS LP$23M
  • CONFLUENCE INVESTMENT MANAGEMENT LLC$20M

Largest trims

  • BlackRock, Inc.$91M
  • KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC$67M
  • Thrivent Financial for Lutherans$60M
  • STATE STREET CORP$55M
  • JPMORGAN CHASE & CO$25M
  • Markel Group Inc.$17M

Institutional holders

One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).

FundSharesReported value% of valueQuarter
STATE STREET CORP added8,985,432$513M9.9%2026-Q1
BlackRock, Inc. trimmed7,426,014$424M8.2%2026-Q1
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC trimmed7,004,143$400M7.8%2026-Q1
VANGUARD PORTFOLIO MANAGEMENT LLC new4,795,196$274M5.3%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new4,110,943$234M4.6%2026-Q1
WASATCH ADVISORS LP added2,579,955$147M2.9%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC added2,494,032$142M2.8%2026-Q1
Markel Group Inc.2,394,544$137M2.7%2026-Q1
DIMENSIONAL FUND ADVISORS LP added1,920,823$110M2.1%2026-Q1
Maren Capital LLC added1,789,004$102M2.0%2026-Q1
Invesco Ltd. added1,600,398$91M1.8%2026-Q1
NORGES BANK trimmed1,019,884$82M1.6%2026-Q1
Port Capital LLC trimmed1,387,507$79M1.5%2026-Q1
Van Berkom & Associates Inc. added1,341,985$77M1.5%2026-Q1
MORGAN STANLEY added1,316,320$75M1.5%2026-Q1
T. Rowe Price Investment Management, Inc. added1,174,893$67M1.3%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added1,128,056$64M1.2%2026-Q1
TWO SIGMA INVESTMENTS, LP added936,504$53M1.0%2026-Q1
JPMORGAN CHASE & CO trimmed881,904$51M1.0%2026-Q1
ARIEL INVESTMENTS, LLC added872,033$50M1.0%2026-Q1
NORTHERN TRUST CORP added866,655$49M1.0%2026-Q1
ROYCE & ASSOCIATES LP added864,401$49M1.0%2026-Q1
Bank of New York Mellon Corp added823,868$47M0.9%2026-Q1
Bragg Financial Advisors, Inc added811,118$46M0.9%2026-Q1
VICTORY CAPITAL MANAGEMENT INC added808,678$46M0.9%2026-Q1
Gotham Asset Management, LLC added794,201$45M0.9%2026-Q1
AQR CAPITAL MANAGEMENT LLC added726,167$41M0.8%2026-Q1
WELLS FARGO & COMPANY/MN trimmed705,510$40M0.8%2026-Q1
FIRST TRUST ADVISORS LP added688,318$39M0.8%2026-Q1
Polar Capital Holdings Plc687,500$39M0.8%2026-Q1
UBS Group AG added647,491$37M0.7%2026-Q1
Global Alpha Capital Management Ltd. added588,483$34M0.7%2026-Q1
VANGUARD FIDUCIARY TRUST CO new569,598$32M0.6%2026-Q1
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added520,422$30M0.6%2026-Q1
WELLINGTON MANAGEMENT GROUP LLP added516,726$29M0.6%2026-Q1
Champlain Investment Partners, LLC trimmed464,407$26M0.5%2026-Q1
ProShare Advisors LLC trimmed436,992$25M0.5%2026-Q1
RAYMOND JAMES FINANCIAL INC added429,443$24M0.5%2026-Q1
CITADEL ADVISORS LLC trimmed421,601$24M0.5%2026-Q1
JANUS HENDERSON GROUP PLC added416,647$24M0.5%2026-Q1
EULAV Asset Management414,000$24M0.5%2026-Q1
PALISADE CAPITAL MANAGEMENT, LP trimmed406,829$23M0.5%2026-Q1
CONFLUENCE INVESTMENT MANAGEMENT LLC added382,149$22M0.4%2026-Q1
ARGENT CAPITAL MANAGEMENT LLC added374,447$21M0.4%2026-Q1
BANK OF MONTREAL /CAN/ trimmed358,234$20M0.4%2026-Q1
SNYDER CAPITAL MANAGEMENT L P trimmed355,226$20M0.4%2026-Q1
SEI INVESTMENTS CO added320,071$18M0.4%2026-Q1
BANK OF AMERICA CORP /DE/ added282,656$16M0.3%2026-Q1
Nepsis Inc. trimmed282,653$16M0.3%2026-Q1
VAUGHAN DAVID INVESTMENTS LLC/IL added282,488$16M0.3%2026-Q1
PRINCIPAL FINANCIAL GROUP INC added281,139$16M0.3%2026-Q1
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added268,384$15M0.3%2026-Q1
RHUMBLINE ADVISERS added250,887$14M0.3%2026-Q1
GOLDMAN SACHS GROUP INC trimmed242,815$14M0.3%2026-Q1
STIFEL FINANCIAL CORP added238,312$14M0.3%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added221,566$13M0.2%2026-Q1
PhiloSmith Capital Corp added219,792$13M0.2%2026-Q1
California Public Employees Retirement System trimmed201,391$11M0.2%2026-Q1
MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC trimmed200,239$11M0.2%2026-Q1
Retirement Systems of Alabama trimmed197,690$11M0.2%2026-Q1
NATIXIS ADVISORS, LLC trimmed180,690$10M0.2%2026-Q1
JONES FINANCIAL COMPANIES LLLP added171,662$10M0.2%2026-Q1
NEW YORK STATE COMMON RETIREMENT FUND added165,708$9M0.2%2026-Q1
Connor, Clark & Lunn Investment Management Ltd. added164,113$9M0.2%2026-Q1
Swiss National Bank added163,500$9M0.2%2026-Q1
Trexquant Investment LP added133,140$8M0.1%2026-Q1
LPL Financial LLC added127,330$7M0.1%2026-Q1
Prospera Financial Services Inc added123,032$7M0.1%2026-Q1
Nuveen, LLC added117,699$7M0.1%2026-Q1
ALPS ADVISORS INC trimmed117,222$7M0.1%2026-Q1
Legal & General Group Plc trimmed115,999$7M0.1%2026-Q1
ALLIANCEBERNSTEIN L.P. trimmed101,348$6M0.1%2026-Q1
TEACHER RETIREMENT SYSTEM OF TEXAS trimmed111,829$6M0.1%2026-Q1
GW&K Investment Management, LLC added110,823$6M0.1%2026-Q1
Caisse de depot et placement du Quebec new109,671$6M0.1%2026-Q1
NEW YORK STATE TEACHERS RETIREMENT SYSTEM trimmed108,575$6M0.1%2026-Q1
Quantinno Capital Management LP added107,386$6M0.1%2026-Q1
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added100,297$6M0.1%2026-Q1
AMERIPRISE FINANCIAL INC trimmed99,727$6M0.1%2026-Q1
Holocene Advisors, LP added98,040$6M0.1%2026-Q1
Thrivent Financial for Lutherans trimmed95,065$5M0.1%2026-Q1
ST. NICHOLAS PRIVATE ASSET MANAGEMENT, INC trimmed92,801$5M0.1%2026-Q1
BENJAMIN EDWARDS INC added91,764$5M0.1%2026-Q1
CITIGROUP INC added91,651$5M0.1%2026-Q1
Creative Planning trimmed88,719$5M0.1%2026-Q1
ROYAL BANK OF CANADA added87,054$5M0.1%2026-Q1
REGIONS FINANCIAL CORP trimmed85,597$5M0.1%2026-Q1
VANGUARD GROUP INC added9,318,368$596M11.6%2025-Q4 stale
Woodline Partners LP added599,655$38M0.7%2025-Q4 stale
BALYASNY ASSET MANAGEMENT L.P. added232,811$19M0.4%2025-Q1 stale
MILLENNIUM MANAGEMENT LLC added227,807$15M0.3%2025-Q4 stale
Qube Research & Technologies Ltd added220,653$14M0.3%2025-Q3 stale
Point72 Asset Management, L.P. added171,887$11M0.2%2025-Q4 stale
Capitolis Liquid Global Markets LLC new144,600$9M0.2%2025-Q3 stale
EVENTIDE ASSET MANAGEMENT, LLC trimmed110,072$8M0.2%2025-Q2 stale
Corebridge Financial, Inc. added92,166$7M0.1%2025-Q1 stale
Squarepoint Ops LLC added106,044$7M0.1%2025-Q3 stale
Edgestream Partners, L.P. added100,245$7M0.1%2025-Q3 stale
Madison Asset Management, LLC trimmed94,929$6M0.1%2025-Q4 stale
ExodusPoint Capital Management, LP trimmed84,075$5M0.1%2025-Q3 stale

Ownership over time

Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.

HoldersTotal shares

Reading this table

Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.

About 13F filings

A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.

Learn how to read institutional ownership