Reliance Global GroupRELI
About: Reliance Global Group Inc operates as a holding company with diversified interests in the insurance market, as well as other related sectors. The company focuses on growing by pursuing an acquisition strategy, initially and primarily focused on wholesale and retail insurance agencies. Its primary strategy is to identify specific risks to reward arbitrage opportunities and develop these on a national platform, thereby increasing revenues and returns, and then identify and acquire undervalued wholesale and retail insurance agencies with operations in growing or underserved segments, expand and optimize their operations, and achieve asset value appreciation while generating interim cash flows. The company generates revenue in the form of commissions.
Employees: 67
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
3.73% less ownership
Funds ownership: 5.74% [Q2] → 2.01% (-3.73%) [Q3]
50% less funds holding
Funds holding: 12 [Q2] → 6 (-6) [Q3]
50% less capital invested
Capital invested by funds: $112K [Q2] → $55.8K (-$56.6K) [Q3]
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 3
Research analyst outlook
We haven’t received any recent analyst ratings for RELI.
