Erie Indemnity
ERIE
134 hedge funds and large institutions have $1.69B invested in Erie Indemnity in 2018 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 43 increasing their positions, 52 reducing their positions, and 13 closing their positions.
0.1% less ownership
Funds ownership: 31.37% → 31.27% (-0.1%)
1% less capital invested
Capital invested by funds: $1.7B → $1.69B (-$10.9M)
5% less funds holding
Funds holding: 141 → 134 (-7)
17% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 52
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
38% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$10.9M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$2.54M |
| 3 |
New York State Common Retirement Fund
Albany,
New York
|
+$2.46M |
| 4 |
Renaissance Technologies
New York
|
+$2.2M |
| 5 |
Goldman Sachs
New York
|
+$2.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$6.39M |
| 2 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$6.19M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$4.79M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$2.74M |
| 5 |
RA
Royce & Associates
New York
|
-$2.21M |
ERIE Hedge Fund Activity: Q2 2018 in Review
134 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Erie Indemnity (ERIE) for Q2 2018, worth a combined $1.69B — down 0.64% from $1.7B a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of ERIE and 8 opened new positions — a net loss of 5 holders — while 52 trimmed existing stakes and 43 added.
The largest buyer was Invesco, adding an estimated $10.9M. The largest seller was Franklin Resources, cutting an estimated $6.39M.
- 134 institutional investors held Erie Indemnity (ERIE) as of Q2 2018, down from 141 in Q1 2018.
- Funds reported $1.69B of Erie Indemnity stock for Q2 2018, down 0.64% quarter-over-quarter.
- 8 funds opened new Erie Indemnity positions in Q2 2018 and 13 closed out, a net change of -5 holders.
- The largest Erie Indemnity buyer in Q2 2018 was Invesco, an estimated $10.9M added.
- The largest Erie Indemnity seller in Q2 2018 was Franklin Resources, an estimated $6.39M sold.
Based on aggregated 13F filings for Q2 2018.