Investment Advisor Doubles Down on Insurance Stock, According to Recent SEC Filing

Core Insights - Nepsis Inc. has increased its stake in RLI by purchasing 89,969 shares, valued at approximately $5.65 million based on the average share price in Q4 2025 [2][3] - The total value of Nepsis' RLI position rose by $5.51 million due to both the new share acquisition and price movements [3][7] - RLI now constitutes 5.72% of Nepsis' assets under management (AUM), making it the second-largest holding in the portfolio [4][10] Company Overview - As of January 13, 2026, RLI shares were priced at $58.60, reflecting an 18.8% decline over the past year and underperforming the S&P 500 by 38.10 percentage points [4] - RLI has a market capitalization of $5.47 billion, with a trailing twelve months (TTM) revenue of $1.83 billion and a net income of $353.02 million [5] Investment Implications - Nepsis' significant investment in RLI indicates a strong belief in the company's future performance, as it now represents over $18.5 million of their portfolio [10] - RLI operates as a specialty insurer, providing tailored property and casualty coverage solutions across various sectors, which may appeal to investors looking for diversified insurance products [9][11]