Maren Capital LLC: RLI CORP (RLI): Quarterly 13F Position History
As of Q1 2026, Maren Capital LLC reported 1,789,004 shares of RLI CORP (RLI), worth $102.0M and representing 5.3% of its 13F equity book. Quarter-over-quarter share count change: + 87,837 (+5.2%) . The position first appeared in Q4 2023 and has been disclosed across 10 13F-HR filings in Pactolio's tracked window.
- 1,789,004Shares Held (Latest Filing)
- $102.0MReported Market Value (Latest Filing)
- 5.3%Portfolio Weight (% of 13F Equity Book)
- +87,837Quarter-over-Quarter Share Change
- -$6.8MQuarter-over-Quarter Value Change
- 1,789,004Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 10 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 1,789,004 | +87,837 | +5.2% | $102.0M | 5.3% | $57.0 |
| Q4 2025 | 1,701,167 | +11,853 | +0.7% | $108.8M | 5.9% | $64.0 |
| Q3 2025 | 1,689,314 | +94,276 | +5.9% | $110.2M | 6.1% | $65.2 |
| Q2 2025 | 1,595,038 | +42,985 | +2.8% | $115.2M | 6.9% | $72.2 |
| Q1 2025 | 1,552,053 | +851,450 | +121.5% | $124.7M | 8.5% | $80.3 |
| Q4 2024 | 700,603 | +25,874 | +3.8% | $115.5M | 8.8% | $164.8 |
| Q3 2024 | 674,729 | +27,940 | +4.3% | $104.6M | 8.6% | $155.0 |
| Q2 2024 | 646,789 | +34,708 | +5.7% | $91.0M | 8.8% | $140.7 |
| Q1 2024 | 612,081 | +107,655 | +21.3% | $90.9M | 8.7% | $148.5 |
| Q4 2023 | 504,426 | — | — | $67.1M | 8.6% | $133.1 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did Maren Capital LLC first disclose a RLI position in 13F-HR filings?
Maren Capital LLC first reported RLI CORP (RLI) on its 13F-HR filing for the period ending 2023-12-31 (Q4 2023). The position has appeared on 10 reported quarters within Pactolio's tracked window.
What was Maren Capital LLC's most recent quarter-over-quarter share-count change in RLI?
Between Q4 2025 and Q1 2026, Maren Capital LLC added 87,837 shares of RLI (+5.2%), bringing the total reported position to 1,789,004 shares at a market value of $102.0M.
Does the implied price-per-share represent Maren Capital LLC's cost basis in RLI?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.