RLI CORP RLI
COM · Common Stock · CUSIP 749607107
American insurance company
- SectorFinancials
- IndustryFire, Marine & Casualty Insurance
- HeadquartersPeoria, IL
- Founded1965
- Websiterlicorp.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($9.9m this quarter). Holder counts are more reliable. Shares outstanding: 91.8m as of 2026-07-15, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $59.05. Options: 4 managers hold calls ($673.4k notional), 1 hold puts ($2.8m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 316 |
| Q4 2022 | 331 |
| Q1 2023 | 319 |
| Q2 2023 | 359 |
| Q3 2023 | 357 |
| Q4 2023 | 358 |
| Q1 2024 | 375 |
| Q2 2024 | 394 |
| Q3 2024 | 399 |
| Q4 2024 | 433 |
| Q1 2025 | 423 |
| Q2 2025 | 432 |
| Q3 2025 | 433 |
| Q4 2025 | 437 |
| Q1 2026 | 423 |
| Q2 2026 | 423 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 187 | 167 |
| Q4 2024 | 208 | 162 |
| Q1 2025 | 204 | 201 |
| Q2 2025 | 224 | 182 |
| Q3 2025 | 229 | 178 |
| Q4 2025 | 225 | 212 |
| Q1 2026 | 198 | 219 |
| Q2 2026 | 223 | 200 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $802.2k | $443.5k | 0.55 |
| Q4 2025 | $358.3k | $364.7k | 1.02 |
| Q1 2026 | $370.8k | $2.8m | 7.55 |
| Q2 2026 | $673.4k | $2.8m | 4.21 |
Biggest buyers
| ARIEL INVESTMENTS, LLC | Added | +1.6m |
| BANK OF MONTREAL /CAN/ | Added | +1.2m |
| WASATCH ADVISORS LP | Added | +1.1m |
| NEUBERGER BERMAN GROUP LLC | Added | +964.5k |
| Invesco Ltd. | Added | +567.4k |
| RAYMOND JAMES FINANCIAL INC | Added | +271.9k |
| VICTORY CAPITAL MANAGEMENT INC | Added | +271.0k |
| ROYCE & ASSOCIATES LP | Added | +270.0k |
| BlackRock, Inc. | Added | +259.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +189.5k |
Biggest sellers
| Van Berkom & Associates Inc. | Reduced | -1.3m |
| ARGENT CAPITAL MANAGEMENT LLC | Sold out | -374.4k |
| T. Rowe Price Investment Management, Inc. | Reduced | -333.4k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -329.9k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC | Reduced | -266.4k |
| Gotham Asset Management, LLC | Reduced | -256.4k |
| EULAV Asset Management | Reduced | -191.0k |
| PALISADE CAPITAL MANAGEMENT, LP | Reduced | -175.7k |
| Caisse de depot et placement du Quebec | Sold out | -109.7k |
| TEACHER RETIREMENT SYSTEM OF TEXAS | Reduced | -99.3k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $419.4k7.1k shares |
| CITADEL ADVISORS LLC | New | $224.5k3.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $17.7k300 shares |
| GROUP ONE TRADING LLC | Unchanged | $11.8k200 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.8m48.0k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2026-10-27 | 8.9% |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 13G · institution filed 2026-02-13 | 7.9% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.2% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.2% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 5 | $950.0k | 2 | $326.6k | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 1 | $207.5k | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 2 | $403.2k | 0 | — | — |
| Q2 2026 | 4 | $1.0m | 0 | — | — |
| Q3 2026 | 0 | — | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-06-01 | KELLOGG CLARK C Director | Bought | $152.7k3.0k shares |
| 2026-05-28 | Duclos David B. Director | Bought | $130.0k2.5k shares |
| 2026-05-27 | Kliethermes Craig W CHIEF EXECUTIVE OFFICER | Bought | $260.0k5.0k shares |
| 2026-05-27 | Klobnak Jennifer L CHIEF OPERATING OFFICER | Bought | $105.4k2.0k shares |
| 2026-05-21 | Kliethermes Craig W CHIEF EXECUTIVE OFFICER | Bought | $260.0k5.0k shares |
| 2026-05-19 | Klobnak Jennifer L CHIEF OPERATING OFFICER | Bought | $106.8k2.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| STATE STREET CORP 0.02% of their portfolio | 8.9m $528.3m | Reduced -41.7k |
| BlackRock, Inc. 0.01% of their portfolio | 8.3m $492.2m | Added +259.8k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 1.24% of their portfolio | 6.7m $398.0m | Reduced -266.4k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.01% of their portfolio | 4.8m $280.6m | Reduced -44.2k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 4.1m $244.4m | Added +26.2k |
| WASATCH ADVISORS LP 1.40% of their portfolio | 3.6m $214.5m | Added +1.1m |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 2.6m $154.4m | Added +120.0k |
| ARIEL INVESTMENTS, LLC 1.48% of their portfolio | 2.5m $148.8m | Added +1.6m |
| Markel Group Inc. 1.08% of their portfolio | 2.4m $141.4m | Unchanged |
| Invesco Ltd. 0.01% of their portfolio | 2.4m $139.3m | Added +567.4k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 1.8m $109.1m | Reduced -73.6k |
| Maren Capital LLC 4.98% of their portfolio | 1.8m $107.4m | Added +28.4k |
| BANK OF MONTREAL /CAN/ 0.03% of their portfolio | 1.6m $92.3m | Added +1.2m |
| MORGAN STANLEY 0.00% of their portfolio | 1.5m $86.4m | Added +145.8k |
| Van Berkom & Associates Inc. 2.70% of their portfolio | 1.4m $83.9m | Reduced -1.3m |
| Port Capital LLC 3.24% of their portfolio | 1.3m $79.5m | Reduced -41.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.2m $68.9m | Added +37.8k |
| ROYCE & ASSOCIATES LP 0.54% of their portfolio | 1.1m $67.0m | Added +270.0k |
| VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio | 1.1m $63.8m | Added +271.0k |
| NEUBERGER BERMAN GROUP LLC 0.04% of their portfolio | 998.3k $59.0m | Added +964.5k |
| AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 916.8k $53.6m | Added +185.6k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 905.1k $53.5m | Added +38.5k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 885.5k $51.9m | Added +3.6k |
| Bragg Financial Advisors, Inc 1.34% of their portfolio | 848.1k $50.1m | Added +37.0k |
| T. Rowe Price Investment Management, Inc. 0.03% of their portfolio | 841.4k $49.7m | Reduced -333.4k |
| Polar Capital Holdings Plc 0.14% of their portfolio | 837.5k $49.5m | Added +150.0k |
| NORGES BANK 0.00% of their portfolio | 827.3k $48.9m | Not comparable |
| Bank of New York Mellon Corp 0.01% of their portfolio | 793.2k $46.9m | Reduced -30.6k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 776.6k $45.9m | Added +88.3k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio | 709.9k $41.9m | Added +189.5k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 705.4k $41.7m | Reduced -117 |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 701.3k $41.4m | Added +271.9k |
| Global Alpha Capital Management Ltd. 2.48% of their portfolio | 700.7k $41.4m | Added +112.2k |
| UBS Group AG 0.01% of their portfolio | 698.7k $41.3m | Added +51.2k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 634.6k $37.5m | Added +117.9k |
| TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio | 606.6k $35.8m | Reduced -329.9k |
| VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio | 583.0k $34.4m | Added +13.4k |
| Gotham Asset Management, LLC 0.07% of their portfolio | 537.8k $31.8m | Reduced -256.4k |
| ProShare Advisors LLC 0.04% of their portfolio | 454.5k $26.8m | Added +17.5k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 453.9k $26.8m | Added +32.3k |
| Jupiter Topco LLC 0.01% of their portfolio | 432.6k $25.6m | First filing |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 394.8k $23.3m | Added +112.2k |
| Champlain Investment Partners, LLC 0.59% of their portfolio | 391.7k $23.1m | Reduced -72.7k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 366.2k $21.6m | Added +46.2k |
| CONFLUENCE INVESTMENT MANAGEMENT LLC 0.33% of their portfolio | 360.3k $21.3m | Reduced -21.9k |
| SNYDER CAPITAL MANAGEMENT L P 0.35% of their portfolio | 346.1k $20.4m | Reduced -9.1k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 314.8k $18.6m | Added +72.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 309.9k $18.3m | Added +28.8k |
| Nepsis Inc. 5.66% of their portfolio | 282.6k $16.7m | Reduced -64 |
| VAUGHAN DAVID INVESTMENTS LLC/IL 0.32% of their portfolio | 269.6k $15.9m | Reduced -12.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 267.8k $15.8m | Reduced -611 |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 248.5k $14.7m | Reduced -2.4k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 234.2k $13.8m | Added +134.5k |
| PALISADE CAPITAL MANAGEMENT, LP 0.59% of their portfolio | 231.1k $13.7m | Reduced -175.7k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 228.4k $13.5m | Reduced -9.9k |
| EULAV Asset Management 0.42% of their portfolio | 223.0k $13.2m | Reduced -191.0k |
| PhiloSmith Capital Corp 3.51% of their portfolio | 219.0k $12.9m | Reduced -800 |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 216.6k $12.8m | Reduced -5.0k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.11% of their portfolio | 190.1k $11.2m | Reduced -10.2k |
| NATIXIS ADVISORS, LLC 0.01% of their portfolio | 173.2k $10.2m | Reduced -7.5k |
| Swiss National Bank 0.01% of their portfolio | 170.6k $10.1m | Added +7.1k |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 165.6k $9.5m | Reduced -6.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 163.6k $9.7m | Reduced -2.1k |
| Retirement Systems of Alabama 0.03% of their portfolio | 147.6k $8.7m | Reduced -50.1k |
| Quantinno Capital Management LP 0.01% of their portfolio | 142.9k $8.4m | Added +35.5k |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 131.4k $7.8m | Reduced -32.7k |
| Nuveen, LLC 0.00% of their portfolio | 131.0k $7.7m | Added +13.3k |
| Prospera Financial Services Inc 0.10% of their portfolio | 120.9k $7.1m | Reduced -2.1k |
| ALPS ADVISORS INC 0.03% of their portfolio | 120.8k $7.1m | Added +3.6k |
| Legal & General Group Plc 0.00% of their portfolio | 119.4k $7.1m | Added +3.4k |
| Creative Planning 0.00% of their portfolio | 117.9k $7.0m | Added +29.2k |
| LPL Financial LLC 0.00% of their portfolio | 113.6k $6.7m | Reduced -13.7k |
| California Public Employees Retirement System 0.00% of their portfolio | 113.3k $6.7m | Reduced -88.1k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 111.8k $6.6m | Added +3.2k |
| GW&K Investment Management, LLC 0.05% of their portfolio | 110.8k $6.5m | Reduced -6 |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 110.6k $6.3m | Added +9.2k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 110.3k $6.5m | Added +75.1k |
| WINTON GROUP Ltd 0.19% of their portfolio | 97.6k $5.8m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 97.5k $5.8m | Reduced -2.8k |
| BENJAMIN EDWARDS INC 0.05% of their portfolio | 95.9k $5.7m | Added +4.2k |
| Ilex Capital Partners (UK) LLP 0.11% of their portfolio | 94.2k $5.6m | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 92.7k $5.5m | Added +5.7k |
| VestGen Advisors, LLC 0.15% of their portfolio | 86.1k $5.1m | Added +5.5k |
| Corient Private Wealth LP 0.01% of their portfolio | 83.5k $4.9m | Added +54.4k |
| Callan Family Office, LLC 0.09% of their portfolio | 80.9k $4.8m | Reduced -4.6k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 80.8k $4.8m | Added +4.4k |
| DARK FOREST CAPITAL MANAGEMENT LP 0.29% of their portfolio | 77.1k $4.6m | New |
| REGIONS FINANCIAL CORP 0.03% of their portfolio | 77.0k $4.5m | Reduced -8.6k |
| Trexquant Investment LP 0.03% of their portfolio | 72.8k $4.3m | Reduced -60.3k |
| ST. NICHOLAS PRIVATE ASSET MANAGEMENT, INC 3.61% of their portfolio | 70.1k $4.1m | Reduced -22.7k |
| BARCLAYS PLC 0.00% of their portfolio | 69.2k $4.1m | Added +24.2k |
| Karani Asset Management LLC 2.92% of their portfolio | 68.1k $4.0m | Reduced -11.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 67.0k $4.0m | Added +2.7k |
| B. Metzler seel. Sohn & Co. AG 0.03% of their portfolio | 65.4k $3.9m | Added +15.2k |
| ISTHMUS PARTNERS, LLC 0.37% of their portfolio | 65.2k $3.9m | Added +10.7k |
| Mariner, LLC 0.00% of their portfolio | 64.5k $3.8m | Added +56.7k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 63.2k $3.7m | Reduced -517 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 63.1k $3.7m | Reduced -429 |
| NISA INVESTMENT ADVISORS, LLC 0.01% of their portfolio | 62.1k $3.7m | Added +62 |
| ALLSTATE CORP 0.04% of their portfolio | 60.0k $3.5m | Added +35.2k |