CONFLUENCE INVESTMENT MANAGEMENT LLC RLI — RLI Corp. COM

Ownership history in CONFLUENCE INVESTMENT MANAGEMENT LLC  ·  28 quarters on record

AI Ownership Summary

CONFLUENCE INVESTMENT MANAGEMENT LLC reported RLI Corp. COM (RLI) in 28 quarterly 13F filings from 2025 Q1 through 2026 Q1. Peak portfolio weight reached 0.34% in 2026 Q1. The latest visible filing shows RLI at 0.34% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings. Older history is available after unlock; the visible window still shows the most recent pattern.

What this RLI ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was CONFLUENCE INVESTMENT MANAGEMENT LLC's position in RLI Corp. COM, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2026 Q1

RLI was reported at 0.34% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
0.34% in 2026 Q1

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2025 Q1 to 2026 Q1

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

RLI stock page CONFLUENCE INVESTMENT MANAGEMENT LLC fund profile CONFLUENCE INVESTMENT MANAGEMENT LLC full holdings
How CONFLUENCE INVESTMENT MANAGEMENT LLC held RLI — position size vs. price
% of Fund (quarterly)    RLI price (quarter-end, indexed to 100)    SPY (indexed to 100)    QQQ (indexed to 100)
📋 Quarterly Holdings History 5 quarters  ▾
Quarter Action Sold % After 3M Timing Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2026 Q1 ADDED — — — 382,149 +359,830 +1612.2% 0.34% $21.8M 2026-05-15 (Est.) $51.50
2025 Q4 REDUCED 31.2% -10.6% ✅ 22,319 -10,122 -31.2% 0.02% $1.4M 2026-01-05 $62.26
2025 Q3 REDUCED 7.1% +3.0% ❌ 32,441 -2,472 -7.1% 0.03% $2.1M 2025-10-14 $61.92
2025 Q2 ADDED — — — 34,913 +20,967 +150.3% 0.04% $2.5M 2025-07-01 $68.83
2025 Q1 REDUCED 60.8% -9.9% ✅ 13,946 -21,595 -60.8% 0.02% $1.1M 2025-04-01 $77.44
23 older quarters hidden  —  Sign in free or upgrade to Premium to see full history

🏢 Other funds also holding RLI

As of 2026 Q1 — sorted by position size

Nepsis Inc. 3Y 7Y 5.4% Hingham Institution for Savings 1.76% MARKEL GROUP INC. 3Y 7Y 1.14% WASATCH ADVISORS LP 3Y 7Y 0.98% Laurus Global Equity Management Inc. 3Y 0.9% Ausbil Investment Management Ltd 3Y 0.46% BENEDICT FINANCIAL ADVISORS INC 3Y 7Y 0.35% ISTHMUS PARTNERS, LLC 3Y 7Y 0.33% Bayforest Capital Ltd 0.27% Oak Thistle LLC 3Y 0.24%

FAQ About CONFLUENCE INVESTMENT MANAGEMENT LLC and RLI

These are the practical questions this page is built to answer before you even open the full history table.

How long has CONFLUENCE INVESTMENT MANAGEMENT LLC reported owning RLI?

CONFLUENCE INVESTMENT MANAGEMENT LLC reported RLI across 5 quarterly 13F filings, from 2025 Q1 through 2026 Q1.

What was the largest reported RLI position in CONFLUENCE INVESTMENT MANAGEMENT LLC's portfolio?

The largest reported portfolio weight for RLI was 0.34% in 2026 Q1.

What is the latest reported RLI position on this page?

The most recent filing on this page is 2026 Q1, when CONFLUENCE INVESTMENT MANAGEMENT LLC reported 382,149 shares, equal to 0.34% of portfolio, with an estimated market value of $21.8M.

What does the chart on this RLI ownership page compare?

The chart compares CONFLUENCE INVESTMENT MANAGEMENT LLC's quarterly RLI portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

How well did CONFLUENCE INVESTMENT MANAGEMENT LLC time their RLI position?

Based on 13F filing dates vs. subsequent RLI price moves, CONFLUENCE INVESTMENT MANAGEMENT LLC correctly timed 15 out of 27 reported position changes (56%). The annualised alpha on RLI relative to SPY over the holding period was -1.2%.

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