HighTower Advisors LLC Reduces Position in RLI Corp.

The institutional investor sold nearly 9,000 shares of the insurance provider's stock.

Published on Feb. 28, 2026

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HighTower Advisors LLC decreased its stake in shares of RLI Corp. (NYSE:RLI) by 20.2% during the third quarter, according to the company's disclosure with the SEC. The institutional investor owned 35,395 shares of the insurance provider's stock at the end of the reporting period, down from 44,342 shares previously.

Why it matters

This reduction in HighTower's position in RLI Corp. provides insight into the investment strategy and portfolio management decisions of the institutional investor. It may signal a shift in their outlook or investment thesis for the insurance company.

The details

HighTower Advisors LLC sold 8,947 shares of RLI Corp. stock during the third quarter, reducing their total holdings to 35,395 shares. The institutional investor's stake in the insurance provider was valued at $2.31 million at the end of the reporting period.

  • HighTower Advisors LLC decreased its stake in RLI Corp. during the third quarter of 2026.

The players

HighTower Advisors LLC

An institutional investment management firm that provides wealth management and investment advisory services.

RLI Corp.

A specialty property and casualty insurance company focused on underwriting niche risks for businesses and individuals.

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The takeaway

The reduction in HighTower Advisors' position in RLI Corp. suggests the institutional investor may have a more cautious outlook on the insurance company's prospects or has reallocated capital to other investment opportunities. This change in holdings could signal a shift in market sentiment or investment strategy for RLI Corp.