Erie Indemnity
ERIE
140 hedge funds and large institutions have $1.41B invested in Erie Indemnity in 2016 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 51 increasing their positions, 45 reducing their positions, and 16 closing their positions.
19% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 16
13% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 45
9% more capital invested
Capital invested by funds: $1.28B → $1.41B (+$121M)
1% more funds holding
Funds holding: 138 → 140 (+2)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
New York State Common Retirement Fund
Albany,
New York
|
+$8.16M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.92M |
| 3 |
Bank of New York Mellon
New York
|
+$2.89M |
| 4 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$2.59M |
| 5 |
AI
Analytic Investors
Los Angeles,
California
|
+$2.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPCG
Fort Pitt Capital Group
Pittsburgh,
Pennsylvania
|
-$4.08M |
| 2 |
Renaissance Technologies
New York
|
-$2.37M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.96M |
| 4 |
Millennium Management
New York
|
-$1.36M |
| 5 |
Morgan Stanley
New York
|
-$1.31M |
ERIE Hedge Fund Activity: Q2 2016 in Review
140 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Erie Indemnity (ERIE) for Q2 2016, worth a combined $1.41B — up 9.4% from $1.28B a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new ERIE positions and 16 closed out — a net gain of 3 holders — while 51 added to existing stakes and 45 trimmed.
The largest buyer was New York State Common Retirement Fund, adding an estimated $8.16M. The largest seller was Fort Pitt Capital Group, exiting entirely with an estimated $4.08M sold.
- 140 institutional investors held Erie Indemnity (ERIE) as of Q2 2016, up from 138 in Q1 2016.
- Funds reported $1.41B of Erie Indemnity stock for Q2 2016, up 9.4% quarter-over-quarter.
- 19 funds opened new Erie Indemnity positions in Q2 2016 and 16 closed out, a net change of +3 holders.
- The largest Erie Indemnity buyer in Q2 2016 was New York State Common Retirement Fund, an estimated $8.16M added.
- The largest Erie Indemnity seller in Q2 2016 was Fort Pitt Capital Group, an estimated $4.08M sold.
Based on aggregated 13F filings for Q2 2016.