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Erie Indemnity

128 hedge funds and large institutions have $1.34B invested in Erie Indemnity in 2015 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 42 increasing their positions, 34 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

155% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 11

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

24% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 34

16% more capital invested

Capital invested by funds: $1.15B → $1.34B (+$190M)

15% more funds holding

Funds holding: 111128 (+17)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $210K

Holders
128
Holders Change
+17
Holders Change %
+15.32%
% of All Funds
3.36%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.08%
New
28
Increased
42
Reduced
34
Closed
11
Calls
Puts
$210K
Net Calls
-$210K
Net Calls Change
-$210K
Name Holding Trade Value Shares
Change
Change in
Stake
New York State Common Retirement Fund
26
New York State Common Retirement Fund
New York
$5.33M
Charles Schwab
27
Charles Schwab
California
$5.21M +$283K +3,120 +6%
WI
28
Wedgewood Investors
Pennsylvania
$5.12M
RhumbLine Advisers
29
RhumbLine Advisers
Massachusetts
$4.67M +$83.8K +924 +2%
Norges Bank
30
Norges Bank
Norway
$4.65M -$2.55M -28,069 -37%
Renaissance Technologies
31
Renaissance Technologies
New York
$4.47M -$2.16M -23,771 -34%
California State Teachers Retirement System (CalSTRS)
32
California State Teachers Retirement System (CalSTRS)
California
$4.3M +$63.5K +700 +2%
MAM
33
Martingale Asset Management
Massachusetts
$4.24M -$127K -1,399 -3%
D.E. Shaw & Co
34
D.E. Shaw & Co
New York
$3.78M -$1.21M -13,352 -25%
Prudential Financial
35
Prudential Financial
New Jersey
$3.49M +$1.65M +18,200 +99%
EA
36
Emerald Advisers
Pennsylvania
$3.26M
SEI Investments
37
SEI Investments
Pennsylvania
$3.18M +$175K +1,932 +6%
State Board of Administration of Florida Retirement System
38
State Board of Administration of Florida Retirement System
Florida
$3.08M +$14.1K +155 +0.5%
Morgan Stanley
39
Morgan Stanley
New York
$3.08M -$2.79M -30,775 -49%
GIA
40
Gargoyle Investment Advisor
New Jersey
$3.02M -$685K -7,552 -19%
Swiss National Bank
41
Swiss National Bank
Switzerland
$3.01M +$2.86M +31,500 New
CS
42
Credit Suisse
Switzerland
$2.57M +$921K +10,154 +61%
TA
43
Teachers Advisors
New York
$2.17M +$64.8K +714 +3%
OAC
44
OMERS Administration Corp
Ontario, Canada
$1.99M -$99.8K -1,100 -5%
RFC
45
Russell Frank Company
Washington
$1.86M +$74.8K +825 +5%
Bank of America
46
Bank of America
North Carolina
$1.82M +$747K +8,235 +76%
MCC
47
Malaga Cove Capital
California
$1.8M -$9.25K -102 -0.5%
State of Wisconsin Investment Board
48
State of Wisconsin Investment Board
Wisconsin
$1.69M -$37.2K -410 -2%
Goldman Sachs
49
Goldman Sachs
New York
$1.67M -$1.84M -20,239 -54%
AllianceBernstein
50
AllianceBernstein
Tennessee
$1.66M +$77.1K +850 +5%

ERIE Hedge Fund Activity: Q4 2015 in Review

128 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in Erie Indemnity (ERIE) for Q4 2015, worth a combined $1.34B — up 16% from $1.15B a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new ERIE positions and 11 closed out — a net gain of 17 holders — while 42 added to existing stakes and 34 trimmed.

The largest buyer was Vanguard Group, adding an estimated $11M. The largest seller was Franklin Resources, cutting an estimated $11M.

  • 128 institutional investors held Erie Indemnity (ERIE) as of Q4 2015, up from 111 in Q3 2015.
  • Funds reported $1.34B of Erie Indemnity stock for Q4 2015, up 16% quarter-over-quarter.
  • 28 funds opened new Erie Indemnity positions in Q4 2015 and 11 closed out, a net change of +17 holders.
  • The largest Erie Indemnity buyer in Q4 2015 was Vanguard Group, an estimated $11M added.
  • The largest Erie Indemnity seller in Q4 2015 was Franklin Resources, an estimated $11M sold.

Based on aggregated 13F filings for Q4 2015.