Cliff Asness's RLI Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 356,212 shares of RLI Corp. (RLI) worth $23.09 M, representing 0.01% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 52 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in RLI, representing a significant commitment to this investment thesis. Largest addition occurred in Q3 2025, adding 253,756 shares. Largest reduction occurred in Q2 2013, reducing 67,600 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's RLI (RLI) Holding Value Over Time
Track share changes against reported price movement
Quarterly RLI (RLI) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2012 | +110,004 | Add 0.00% | 110,000 | $16.16 |
| Q2 2013 | +42,404 | Add 0.00% | 42,400 | $19.10 |
| Q3 2013 | -18,000 | Reduce 42.45% | 24,400 | $21.84 |
| Q4 2013 | -2,000 | Reduce 8.20% | 22,400 | $24.33 |
| Q1 2014 | -11,200 | Reduce 50.00% | 11,200 | $22.14 |
| Q3 2014 | +3,000 | Add 26.79% | 14,200 | $21.62 |
| Q1 2015 | +18,600 | Add 130.99% | 32,800 | $26.22 |
| Q2 2015 | -2,252 | Reduce 6.87% | 30,548 | $25.70 |
| Q3 2015 | -336 | Reduce 1.10% | 30,212 | $26.78 |
| Q4 2015 | +7,768 | Add 25.71% | 37,980 | $30.88 |
| Q1 2016 | +9,464 | Add 24.92% | 47,444 | $33.43 |
| Q2 2016 | +664 | Add 1.40% | 48,108 | $34.38 |
| Q3 2016 | +3,170 | Add 6.59% | 51,278 | $34.19 |
| Q4 2016 | -23,086 | Reduce 45.02% | 28,192 | $31.57 |
| Q1 2017 | -20,236 | Reduce 71.78% | 7,956 | $30.04 |
| Q2 2017 | -352 | Reduce 4.42% | 7,604 | $27.35 |
| Q3 2017 | -7,604 | Sold Out | 0 | $0.00 |
| Q4 2017 | +6,906 | New Buy | 6,906 | $30.26 |
| Q1 2018 | -116 | Reduce 1.68% | 6,790 | $31.66 |
| Q3 2018 | +10,060 | Add 148.16% | 16,850 | $39.29 |
| Q4 2018 | +8,724 | Add 51.77% | 25,574 | $34.49 |
| Q1 2019 | +326 | Add 1.27% | 25,900 | $35.87 |
| Q3 2019 | +1,832 | Add 7.07% | 27,732 | $46.44 |
| Q4 2019 | -2,002 | Reduce 7.22% | 25,730 | $45.01 |
| Q1 2020 | -1,380 | Reduce 5.36% | 24,350 | $43.98 |
| Q2 2020 | -4,602 | Reduce 18.90% | 19,748 | $40.86 |
| Q3 2020 | -14,316 | Reduce 72.49% | 5,432 | $41.79 |
| Q4 2020 | +8,238 | Add 151.66% | 13,670 | $51.65 |
| Q1 2021 | +1,364 | Add 9.98% | 15,034 | $55.81 |
| Q2 2021 | -1,734 | Reduce 11.53% | 13,300 | $52.11 |
| Q3 2021 | -3,316 | Reduce 24.93% | 9,984 | $50.18 |
| Q4 2021 | -1,818 | Reduce 18.21% | 8,166 | $56.09 |
| Q1 2022 | +7,034 | Add 86.14% | 15,200 | $55.26 |
| Q2 2022 | +21,344 | Add 140.42% | 36,544 | $57.16 |
| Q3 2022 | +16,402 | Add 44.88% | 52,946 | $51.20 |
| Q4 2022 | +8,568 | Add 16.18% | 61,514 | $65.63 |
| Q1 2023 | +9,032 | Add 14.68% | 70,546 | $66.46 |
| Q2 2023 | +15,604 | Add 22.12% | 86,150 | $68.11 |
| Q3 2023 | +92,062 | Add 106.86% | 178,212 | $67.95 |
| Q4 2023 | -25,934 | Reduce 14.55% | 152,278 | $66.35 |
| Q1 2024 | -33,652 | Reduce 22.10% | 118,626 | $74.24 |
| Q2 2024 | -30,812 | Reduce 25.97% | 87,814 | $70.14 |
| Q3 2024 | -678 | Reduce 0.77% | 87,136 | $76.61 |
| Q4 2024 | +4,674 | Add 5.36% | 91,810 | $82.41 |
| Q1 2025 | +12,745 | Add 13.88% | 104,555 | $79.89 |
| Q2 2025 | -2,099 | Reduce 2.01% | 102,456 | $71.54 |
| Q3 2025 | +253,756 | Add 247.67% | 356,212 | $64.83 |
Cliff Asness's RLI Investment FAQs
Cliff Asness first purchased RLI Corp. (RLI) in Q4 2012, acquiring 110,000 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness has held RLI Corp. (RLI) for 52 quarters since Q4 2012.
Cliff Asness's largest addition to RLI Corp. (RLI) was in Q3 2025, adding 356,212 shares worth $23.09 M.
According to the latest 13F filing for Q3 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 356,212 shares of RLI Corp. (RLI), valued at approximately $23.09 M.
As of the Q3 2025 filing, RLI Corp. (RLI) represents approximately 0.01% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in RLI Corp. (RLI) was 356,212 shares, as reported at the end of Q3 2025.