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.
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).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| STATE STREET CORP added | 8,985,432 | $513M | 9.9% | 2026-Q1 |
| BlackRock, Inc. trimmed | 7,426,014 | $424M | 8.2% | 2026-Q1 |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC trimmed | 7,004,143 | $400M | 7.8% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 4,795,196 | $274M | 5.3% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 4,110,943 | $234M | 4.6% | 2026-Q1 |
| WASATCH ADVISORS LP added | 2,579,955 | $147M | 2.9% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 2,494,032 | $142M | 2.8% | 2026-Q1 |
| Markel Group Inc. | 2,394,544 | $137M | 2.7% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 1,920,823 | $110M | 2.1% | 2026-Q1 |
| Maren Capital LLC added | 1,789,004 | $102M | 2.0% | 2026-Q1 |
| Invesco Ltd. added | 1,600,398 | $91M | 1.8% | 2026-Q1 |
| NORGES BANK trimmed | 1,019,884 | $82M | 1.6% | 2026-Q1 |
| Port Capital LLC trimmed | 1,387,507 | $79M | 1.5% | 2026-Q1 |
| Van Berkom & Associates Inc. added | 1,341,985 | $77M | 1.5% | 2026-Q1 |
| MORGAN STANLEY added | 1,316,320 | $75M | 1.5% | 2026-Q1 |
| T. Rowe Price Investment Management, Inc. added | 1,174,893 | $67M | 1.3% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 1,128,056 | $64M | 1.2% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP added | 936,504 | $53M | 1.0% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 881,904 | $51M | 1.0% | 2026-Q1 |
| ARIEL INVESTMENTS, LLC added | 872,033 | $50M | 1.0% | 2026-Q1 |
| NORTHERN TRUST CORP added | 866,655 | $49M | 1.0% | 2026-Q1 |
| ROYCE & ASSOCIATES LP added | 864,401 | $49M | 1.0% | 2026-Q1 |
| Bank of New York Mellon Corp added | 823,868 | $47M | 0.9% | 2026-Q1 |
| Bragg Financial Advisors, Inc added | 811,118 | $46M | 0.9% | 2026-Q1 |
| VICTORY CAPITAL MANAGEMENT INC added | 808,678 | $46M | 0.9% | 2026-Q1 |
| Gotham Asset Management, LLC added | 794,201 | $45M | 0.9% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 726,167 | $41M | 0.8% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 705,510 | $40M | 0.8% | 2026-Q1 |
| FIRST TRUST ADVISORS LP added | 688,318 | $39M | 0.8% | 2026-Q1 |
| Polar Capital Holdings Plc | 687,500 | $39M | 0.8% | 2026-Q1 |
| UBS Group AG added | 647,491 | $37M | 0.7% | 2026-Q1 |
| Global Alpha Capital Management Ltd. added | 588,483 | $34M | 0.7% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 569,598 | $32M | 0.6% | 2026-Q1 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 520,422 | $30M | 0.6% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP added | 516,726 | $29M | 0.6% | 2026-Q1 |
| Champlain Investment Partners, LLC trimmed | 464,407 | $26M | 0.5% | 2026-Q1 |
| ProShare Advisors LLC trimmed | 436,992 | $25M | 0.5% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 429,443 | $24M | 0.5% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 421,601 | $24M | 0.5% | 2026-Q1 |
| JANUS HENDERSON GROUP PLC added | 416,647 | $24M | 0.5% | 2026-Q1 |
| EULAV Asset Management | 414,000 | $24M | 0.5% | 2026-Q1 |
| PALISADE CAPITAL MANAGEMENT, LP trimmed | 406,829 | $23M | 0.5% | 2026-Q1 |
| CONFLUENCE INVESTMENT MANAGEMENT LLC added | 382,149 | $22M | 0.4% | 2026-Q1 |
| ARGENT CAPITAL MANAGEMENT LLC added | 374,447 | $21M | 0.4% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ trimmed | 358,234 | $20M | 0.4% | 2026-Q1 |
| SNYDER CAPITAL MANAGEMENT L P trimmed | 355,226 | $20M | 0.4% | 2026-Q1 |
| SEI INVESTMENTS CO added | 320,071 | $18M | 0.4% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 282,656 | $16M | 0.3% | 2026-Q1 |
| Nepsis Inc. trimmed | 282,653 | $16M | 0.3% | 2026-Q1 |
| VAUGHAN DAVID INVESTMENTS LLC/IL added | 282,488 | $16M | 0.3% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 281,139 | $16M | 0.3% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 268,384 | $15M | 0.3% | 2026-Q1 |
| RHUMBLINE ADVISERS added | 250,887 | $14M | 0.3% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 242,815 | $14M | 0.3% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 238,312 | $14M | 0.3% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 221,566 | $13M | 0.2% | 2026-Q1 |
| PhiloSmith Capital Corp added | 219,792 | $13M | 0.2% | 2026-Q1 |
| California Public Employees Retirement System trimmed | 201,391 | $11M | 0.2% | 2026-Q1 |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC trimmed | 200,239 | $11M | 0.2% | 2026-Q1 |
| Retirement Systems of Alabama trimmed | 197,690 | $11M | 0.2% | 2026-Q1 |
| NATIXIS ADVISORS, LLC trimmed | 180,690 | $10M | 0.2% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 171,662 | $10M | 0.2% | 2026-Q1 |
| NEW YORK STATE COMMON RETIREMENT FUND added | 165,708 | $9M | 0.2% | 2026-Q1 |
| Connor, Clark & Lunn Investment Management Ltd. added | 164,113 | $9M | 0.2% | 2026-Q1 |
| Swiss National Bank added | 163,500 | $9M | 0.2% | 2026-Q1 |
| Trexquant Investment LP added | 133,140 | $8M | 0.1% | 2026-Q1 |
| LPL Financial LLC added | 127,330 | $7M | 0.1% | 2026-Q1 |
| Prospera Financial Services Inc added | 123,032 | $7M | 0.1% | 2026-Q1 |
| Nuveen, LLC added | 117,699 | $7M | 0.1% | 2026-Q1 |
| ALPS ADVISORS INC trimmed | 117,222 | $7M | 0.1% | 2026-Q1 |
| Legal & General Group Plc trimmed | 115,999 | $7M | 0.1% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. trimmed | 101,348 | $6M | 0.1% | 2026-Q1 |
| TEACHER RETIREMENT SYSTEM OF TEXAS trimmed | 111,829 | $6M | 0.1% | 2026-Q1 |
| GW&K Investment Management, LLC added | 110,823 | $6M | 0.1% | 2026-Q1 |
| Caisse de depot et placement du Quebec new | 109,671 | $6M | 0.1% | 2026-Q1 |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM trimmed | 108,575 | $6M | 0.1% | 2026-Q1 |
| Quantinno Capital Management LP added | 107,386 | $6M | 0.1% | 2026-Q1 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added | 100,297 | $6M | 0.1% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 99,727 | $6M | 0.1% | 2026-Q1 |
| Holocene Advisors, LP added | 98,040 | $6M | 0.1% | 2026-Q1 |
| Thrivent Financial for Lutherans trimmed | 95,065 | $5M | 0.1% | 2026-Q1 |
| ST. NICHOLAS PRIVATE ASSET MANAGEMENT, INC trimmed | 92,801 | $5M | 0.1% | 2026-Q1 |
| BENJAMIN EDWARDS INC added | 91,764 | $5M | 0.1% | 2026-Q1 |
| CITIGROUP INC added | 91,651 | $5M | 0.1% | 2026-Q1 |
| Creative Planning trimmed | 88,719 | $5M | 0.1% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 87,054 | $5M | 0.1% | 2026-Q1 |
| REGIONS FINANCIAL CORP trimmed | 85,597 | $5M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC added | 9,318,368 | $596M | 11.6% | 2025-Q4 stale |
| Woodline Partners LP added | 599,655 | $38M | 0.7% | 2025-Q4 stale |
| BALYASNY ASSET MANAGEMENT L.P. added | 232,811 | $19M | 0.4% | 2025-Q1 stale |
| MILLENNIUM MANAGEMENT LLC added | 227,807 | $15M | 0.3% | 2025-Q4 stale |
| Qube Research & Technologies Ltd added | 220,653 | $14M | 0.3% | 2025-Q3 stale |
| Point72 Asset Management, L.P. added | 171,887 | $11M | 0.2% | 2025-Q4 stale |
| Capitolis Liquid Global Markets LLC new | 144,600 | $9M | 0.2% | 2025-Q3 stale |
| EVENTIDE ASSET MANAGEMENT, LLC trimmed | 110,072 | $8M | 0.2% | 2025-Q2 stale |
| Corebridge Financial, Inc. added | 92,166 | $7M | 0.1% | 2025-Q1 stale |
| Squarepoint Ops LLC added | 106,044 | $7M | 0.1% | 2025-Q3 stale |
| Edgestream Partners, L.P. added | 100,245 | $7M | 0.1% | 2025-Q3 stale |
| Madison Asset Management, LLC trimmed | 94,929 | $6M | 0.1% | 2025-Q4 stale |
| ExodusPoint Capital Management, LP trimmed | 84,075 | $5M | 0.1% | 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.
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.