Institutional owners may ignore Reliance, Inc.'s (NYSE:RS) recent US$551m market cap decline as longer-term profits stay in the green

Institutional investors hold 84% of Reliance's stock, making them influential in trading decisions. Despite recent losses, a one-year return of 15% may offset this. The top 13 shareholders collectively own 51%, with The Vanguard Group, Inc. as the largest shareholder.