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 ($12.9m this quarter). Holder counts are more reliable. Shares outstanding: 91.9m as of 2026-04-15, 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 ≈ $57.04. Options: 3 managers hold calls ($370.8k notional), 2 hold puts ($2.8m).
Trends to Q1 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 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2024 | 201 | 148 |
| 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 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $1.4m | $505.3k | 0.35 |
| Q3 2025 | $802.2k | $443.5k | 0.55 |
| Q4 2025 | $358.3k | $364.7k | 1.02 |
| Q1 2026 | $370.8k | $2.8m | 7.55 |
Biggest buyers
| Van Berkom & Associates Inc. | Added | +1.4m |
| Invesco Ltd. | Added | +659.5k |
| WASATCH ADVISORS LP | Added | +641.8k |
| FIRST TRUST ADVISORS LP | Added | +521.1k |
| WELLINGTON MANAGEMENT GROUP LLP | New | +516.7k |
| TWO SIGMA INVESTMENTS, LP | Added | +505.7k |
| ARIEL INVESTMENTS, LLC | Added | +498.9k |
| CONFLUENCE INVESTMENT MANAGEMENT LLC | Added | +359.8k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +302.1k |
| ROYCE & ASSOCIATES LP | Added | +278.0k |
Biggest sellers
| Thrivent Financial for Lutherans | Reduced | -926.4k |
| Woodline Partners LP | Sold out | -599.7k |
| T. Rowe Price Investment Management, Inc. | Reduced | -336.9k |
| JPMORGAN CHASE & CO | Reduced | -303.2k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC | Reduced | -290.7k |
| MILLENNIUM MANAGEMENT LLC | Sold out | -227.8k |
| WHITTIER TRUST CO | Reduced | -186.6k |
| Point72 Asset Management, L.P. | Sold out | -171.9k |
| GOLDMAN SACHS GROUP INC | Reduced | -125.5k |
| Champlain Investment Partners, LLC | Reduced | -121.6k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $296.6k5.2k shares |
| SIMPLEX TRADING, LLC | Added | $62.7k1.1k shares |
| GROUP ONE TRADING LLC | Added | $11.4k200 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $2.8m48.6k shares |
| GROUP ONE TRADING LLC | Added | $28.5k500 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 in Q1 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 |
|---|---|---|---|---|---|
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| 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 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-01-23 | Kliethermes Craig W CHIEF EXECUTIVE OFFICER | Bought | $287.2k5.0k shares |
| 2026-01-23 | Klobnak Jennifer L CHIEF OPERATING OFFICER | Bought | $116.0k2.0k 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, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| STATE STREET CORP 0.02% of their portfolio | 9.0m $512.5m | Added +110.4k |
| BlackRock, Inc. 0.01% of their portfolio | 8.1m $460.4m | Added +34.7k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 1.17% of their portfolio | 7.0m $399.5m | Reduced -290.7k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.01% of their portfolio | 4.8m $273.5m | First filing |
| VANGUARD CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 4.1m $234.5m | First filing |
| Van Berkom & Associates Inc. 2.51% of their portfolio | 2.7m $153.1m | Added +1.4m |
| WASATCH ADVISORS LP 0.98% of their portfolio | 2.6m $147.2m | Added +641.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 2.5m $142.3m | Added +302.1k |
| Markel Group Inc. 1.14% of their portfolio | 2.4m $136.6m | Unchanged |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 1.9m $109.6m | Added +21.3k |
| Invesco Ltd. 0.01% of their portfolio | 1.8m $102.2m | Added +659.5k |
| Maren Capital LLC 5.34% of their portfolio | 1.8m $102.0m | Added +87.8k |
| Port Capital LLC 3.52% of their portfolio | 1.4m $79.1m | Reduced -17.7k |
| MORGAN STANLEY 0.00% of their portfolio | 1.3m $75.1m | Added +233.5k |
| T. Rowe Price Investment Management, Inc. 0.05% of their portfolio | 1.2m $67.0m | Reduced -336.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.1m $64.3m | Added +12.4k |
| TWO SIGMA INVESTMENTS, LP 0.04% of their portfolio | 936.5k $53.4m | Added +505.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 881.9k $50.6m | Reduced -303.2k |
| ARIEL INVESTMENTS, LLC 0.56% of their portfolio | 872.0k $49.7m | Added +498.9k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 866.7k $49.4m | Added +3.6k |
| ROYCE & ASSOCIATES LP 0.49% of their portfolio | 864.4k $49.3m | Added +278.0k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 823.9k $47.0m | Added +3.0k |
| Bragg Financial Advisors, Inc 1.46% of their portfolio | 811.1k $46.3m | Added +30.4k |
| VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio | 808.7k $46.1m | Added +69.0k |
| Gotham Asset Management, LLC 0.14% of their portfolio | 794.2k $45.3m | Added +170.9k |
| AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 731.2k $41.7m | Added +179.0k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 705.5k $40.2m | Reduced -2.4k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 688.3k $39.3m | Added +521.1k |
| Polar Capital Holdings Plc 0.17% of their portfolio | 687.5k $39.2m | Unchanged |
| UBS Group AG 0.01% of their portfolio | 647.5k $36.9m | Added +40.3k |
| Global Alpha Capital Management Ltd. 2.02% of their portfolio | 588.5k $33.6m | Added +155.0k |
| VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio | 569.6k $32.5m | First filing |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio | 520.4k $29.7m | Added +33.5k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 516.7k $29.5m | New |
| Champlain Investment Partners, LLC 0.34% of their portfolio | 464.4k $26.5m | Reduced -121.6k |
| ProShare Advisors LLC 0.04% of their portfolio | 437.0k $24.9m | Reduced -99.4k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 429.4k $24.5m | Added +72.0k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 421.6k $24.0m | Reduced -71.2k |
| JANUS HENDERSON GROUP PLC 0.01% of their portfolio | 416.6k $23.8m | Added +44.5k |
| EULAV Asset Management 0.76% of their portfolio | 414.0k $23.6m | Unchanged |
| PALISADE CAPITAL MANAGEMENT, LP 0.77% of their portfolio | 406.8k $23.2m | Reduced -27.5k |
| CONFLUENCE INVESTMENT MANAGEMENT LLC 0.34% of their portfolio | 382.1k $21.8m | Added +359.8k |
| ARGENT CAPITAL MANAGEMENT LLC 0.67% of their portfolio | 374.4k $21.4m | Added +262.2k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 358.2k $20.4m | Reduced -10.2k |
| SNYDER CAPITAL MANAGEMENT L P 0.39% of their portfolio | 355.2k $20.3m | Reduced -27.2k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 320.1k $18.3m | Added +63.9k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 282.7k $16.1m | Added +76.4k |
| Nepsis Inc. 5.40% of their portfolio | 282.7k $16.1m | Reduced -6.5k |
| VAUGHAN DAVID INVESTMENTS LLC/IL 0.34% of their portfolio | 282.5k $16.1m | Added +3.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 281.1k $16.0m | Added +10.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 268.4k $15.3m | Added +1.4k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 250.9k $14.3m | Added +4.3k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 242.8k $13.9m | Reduced -125.5k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 238.3k $13.6m | Added +136.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 221.6k $12.6m | Added +82.2k |
| PhiloSmith Capital Corp 3.58% of their portfolio | 219.8k $12.5m | Added +20.0k |
| California Public Employees Retirement System 0.01% of their portfolio | 201.4k $11.5m | Reduced -18.8k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.13% of their portfolio | 200.2k $11.4m | Reduced -4.0k |
| Retirement Systems of Alabama 0.04% of their portfolio | 197.7k $11.3m | Reduced -45.5k |
| NATIXIS ADVISORS, LLC 0.01% of their portfolio | 180.7k $10.3m | Reduced -225 |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 171.7k $9.7m | Added +168.9k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 165.7k $9.5m | Added +7.2k |
| Connor, Clark & Lunn Investment Management Ltd. 0.02% of their portfolio | 164.1k $9.4m | Added +117.8k |
| Swiss National Bank 0.01% of their portfolio | 163.5k $9.3m | Added +500 |
| Trexquant Investment LP 0.05% of their portfolio | 133.1k $7.6m | Added +10.8k |
| LPL Financial LLC 0.00% of their portfolio | 127.3k $7.3m | Added +2.2k |
| Prospera Financial Services Inc 0.11% of their portfolio | 123.0k $7.0m | Added +1.4k |
| Nuveen, LLC 0.00% of their portfolio | 117.7k $6.7m | Added +7.6k |
| ALPS ADVISORS INC 0.03% of their portfolio | 117.2k $6.7m | Reduced -5.7k |
| Legal & General Group Plc 0.00% of their portfolio | 116.0k $6.6m | Reduced -15.2k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.03% of their portfolio | 111.8k $6.4m | Reduced -4.2k |
| GW&K Investment Management, LLC 0.06% of their portfolio | 110.8k $6.3m | Added +6.1k |
| Caisse de depot et placement du Quebec 0.01% of their portfolio | 109.7k $6.3m | New |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 108.6k $6.2m | Reduced -3.0k |
| Quantinno Capital Management LP 0.01% of their portfolio | 107.4k $6.1m | Added +20.6k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 101.3k $6.5m | Reduced -26.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 100.3k $5.7m | Added +21.1k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 99.7k $5.7m | Reduced -2.0k |
| Holocene Advisors, LP 0.01% of their portfolio | 98.0k $5.6m | Added +34.8k |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 95.1k $5.4m | Reduced -926.4k |
| ST. NICHOLAS PRIVATE ASSET MANAGEMENT, INC 4.95% of their portfolio | 92.8k $5.3m | Reduced -7.1k |
| BENJAMIN EDWARDS INC 0.05% of their portfolio | 91.8k $5.2m | Added +88.6k |
| CITIGROUP INC 0.00% of their portfolio | 91.7k $5.2m | Added +15.9k |
| Creative Planning 0.00% of their portfolio | 88.7k $5.1m | Reduced -19.9k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 87.1k $5.0m | Added +22.3k |
| REGIONS FINANCIAL CORP 0.03% of their portfolio | 85.6k $4.9m | Reduced -3.0k |
| Callan Family Office, LLC 0.11% of their portfolio | 85.5k $4.9m | Added +25.3k |
| Man Group plc 0.01% of their portfolio | 82.7k $4.7m | Reduced -19.9k |
| VestGen Advisors, LLC 0.11% of their portfolio | 80.6k $3.9m | Added +40.3k |
| Karani Asset Management LLC 3.95% of their portfolio | 79.1k $4.5m | Reduced -19.4k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 76.3k $4.4m | First filing |
| VAN ECK ASSOCIATES CORP 0.00% of their portfolio | 75.1k $4.3m | Added +2.6k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 71.5k $4.1m | New |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio | 68.5k $3.9m | Reduced -703 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 64.3k $3.7m | Added +6.2k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 63.7k $3.6m | Added +171 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 63.5k $3.6m | Reduced -2.1k |
| NISA INVESTMENT ADVISORS, LLC 0.01% of their portfolio | 62.0k $3.5m | Reduced -3.6k |
| AGF MANAGEMENT LTD 0.02% of their portfolio | 59.8k $3.4m | Added +13.6k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 59.0k $3.4m | Reduced -11.5k |