Rli Corp (RLI): Hedge Fund Ownership & Smart Money Signals (Q1 2026)

Q: Is it too late to buy Rli Corp (RLI) following the 2026 Q1 hedge fund 13F filings?

As of today, RLI has moved +3.8% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.8% for the XLF sector ETF — an outperformance of -1.0%. Since the quarter end (March 31, 2026), RLI gained -7.5% vs +1220.3% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Rli Corp (RLI)

412 + Investors. Track Smart Money conviction in RLI. See who's accumulating, reducing, or initiating positions.

Smart Money Signals — RLI

Based on 415 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q

For 1 consecutive quarter, more hedge funds reduced or closed their RLI positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

🏔️

At the ownership peak (97% of max)

97% of all-time peak

415 hedge funds hold RLI right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.

〰️

Stable — ownership unchanged year-over-year

fund count last 6Q

The number of hedge funds holding RLI is almost the same as a year ago (+4 funds, +1% change). No significant rush to buy or sell — institutional backing is holding steady.

🟠

More sellers than buyers — 49% buying

208 buying216 selling

Last quarter: 216 funds reduced or exited vs 208 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

⚠️

Fewer new buyers each quarter (-24 vs last Q)

new funds entering per quarter

Funds opening this position for the first time: 51 → 59 → 78 → 54. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.

🔒

63% of holders stayed for 2+ years

■ 63% conviction (2yr+) ■ 20% medium ■ 17% new

262 out of 415 hedge funds have held RLI for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

💎

Buying through price weakness — shares +3%, value -12%

Value

-12%

+3%

Last quarter: funds added +3% more shares while total portfolio value only changed -12%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.

📈

Growing discovery — still being found

49 → 51 → 59 → 78 → 54 new funds/Q

New funds entering each quarter: 51 → 59 → 78 → 54. A growing number of institutions are discovering RLI each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.

🏛️

Veteran-anchored — 68% veterans vs 22% newcomers

■ 68% veterans ■ 10% 1-2yr ■ 22% new

Entry-cohort mix of 416 holders: 282 (68%) are 2+ year veterans, 43 entered 1–2 years ago, and 91 (22%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

✅

Strong quality — 37% AUM from major funds

37% from top-100 AUM funds

51 of 414 holders rank in the top 100 by AUM, accounting for 37% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

3.4

out of 10

Low Exit Risk

Exit risk score 3.4/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Metric	All 13F Filers (2026 Q1)	Prior (2025 Q4)	Change
Funds Holding	412	428	-3.74%
13F Shares	80M	78M	2.54%
Total Value	$4.35B	$4.98B	-12.73%
New Positions	53	78	-25
Increased Positions	153	160	-7
Closed Positions	69	74	-5
Reduced Positions	147	146	+1
Total Calls	1	1	-
Total Puts	1	1	-
PUT/CALL Ratio	1.0	1.0	Neutral

Metric

All 13F Filers (2026 Q1)

Prior (2025 Q4)

Change

Funds Holding

412

428

-3.74%

13F Shares

80M

78M

2.54%

Total Value

$4.35B

$4.98B

-12.73%

New Positions

-25

Increased Positions

153

160

-7

Closed Positions

-5

Reduced Positions

147

146

Total Calls

Total Puts

PUT/CALL Ratio

1.0

Neutral

Institutional Holders (2026 Q1)

412 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in RLI. Verified SEC 13F-HR filings.

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 RLI holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Nepsis Inc.	5.40%	282,653	$16.1M
2	Maren Capital LLC	5.34%	1,789,004	$102.0M
3	ST. Nicholas Private Asset Management, Inc	4.95%	92,801	$5.3M
4	Karani Asset Management LLC	3.69%	79,058	$4.5M
5	PhiloSmith Capital Corp	3.58%	219,792	$12.5M
6	Port Capital LLC	3.52%	1,387,507	$79.1M
7	Global Alpha Capital Management Ltd.	2.02%	588,483	$33.6M
8	Hingham Institution for Savings	1.76%	35,000	$2.0M
9	Bragg Financial Advisors, Inc	1.46%	811,118	$46.3M
10	Kayne Anderson Rudnick Investment Management LLC	1.17%	7,004,143	$399.5M
11	Markel Group INC.	1.14%	2,394,544	$136.6M
12	Wasatch Advisors LP	0.98%	2,579,955	$147.2M
13	Laurus Global Equity Management Inc.	0.90%	16,150	$921K
14	Palisade Capital Management, LP	0.77%	406,829	$23.2M
15	EULAV Asset Management	0.76%	414,000	$23.6M
16	Argent Capital Management LLC	0.67%	374,447	$21.4M
17	Bruce & Co., Inc.	0.67%	40,800	$2.3M
18	Ariel Investments, LLC	0.56%	872,033	$49.7M
19	DC Investments Management, LLC	0.50%	22,978	$1.3M
20	Royce & Associates LP	0.49%	864,401	$49.3M
21	Ausbil Investment Management Ltd	0.46%	16,136	$919K
22	Chase Investment Counsel Corp	0.45%	30,000	$1.7M
23	Snyder Capital Management L P	0.39%	355,226	$20.3M
24	Benedict Financial Advisors Inc	0.35%	29,401	$1.7M
25	Confluence Investment Management LLC	0.34%	382,149	$21.8M

Investor	Ownership History	% of Portfolio	Prev %	Rank	Conviction	Avg Buy Price	13F Score™ 3Y / 7Y	Sell Timing	Shares	Mkt Value	Change	Change %	Source	Quarter	Filed

Frequently Asked Questions — Rli Corp (RLI)

What does the Smart Money Trend signal show for RLI?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their RLI positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for RLI?

More sellers than buyers — 49% buying: Last quarter: 216 funds reduced or exited vs 208 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for RLI holders?

Strong quality — 37% AUM from major funds: 51 of 414 holders rank in the top 100 by AUM, accounting for 37% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held RLI?

63% of holders stayed for 2+ years: 262 out of 415 hedge funds have held RLI for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Rli Corp (RLI) following the 2026 Q1 hedge fund 13F filings?

As of today, RLI has moved +3.8% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.8% for the XLF sector ETF — an outperformance of -1.0%. Since the quarter end (March 31, 2026), RLI has gained -7.5% vs +1220.3% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

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Rli Corp (RLI)

Smart Money Signals — RLI

Selling streak — 1 quarter in a row

At the ownership peak (97% of max)

Stable — ownership unchanged year-over-year

More sellers than buyers — 49% buying

Fewer new buyers each quarter (-24 vs last Q)

63% of holders stayed for 2+ years

Buying through price weakness — shares +3%, value -12%

Growing discovery — still being found

Veteran-anchored — 68% veterans vs 22% newcomers

Strong quality — 37% AUM from major funds

Institutional Sentiment Summary — RLI

Hedge Fund Ownership: RLI

Market Analysis: RLI

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: RLI

Is It Too Late to Buy Rli Corp (RLI) Based on Hedge Fund 13F Filings?

Hedge Fund Positioning: RLI

Statistics: RLI

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — Rli Corp (RLI)

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