Erie Indemnity
ERIE
301 hedge funds and large institutions have $4.97B invested in Erie Indemnity in 2023 Q3 according to their latest regulatory filings, with 71 funds opening new positions, 80 increasing their positions, 113 reducing their positions, and 48 closing their positions.
48% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 48
48% more capital invested
Capital invested by funds: $3.37B → $4.97B (+$1.61B)
8% more funds holding
Funds holding: 279 → 301 (+22)
1% more call options, than puts
Call options by funds: $29.3M | Put options by funds: $29.1M
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
1.17% less ownership
Funds ownership: 37.74% → 36.56% (-1.2%)
29% less repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 113
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$282M |
| 2 |
State Street
Boston,
Massachusetts
|
+$72.3M |
| 3 |
Bank of New York Mellon
New York
|
+$27.3M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$23.3M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCIM
Bishop & Co Investment Management
Erie,
Pennsylvania
|
-$377M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$61M |
| 3 |
Millennium Management
New York
|
-$50.4M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$24.3M |
| 5 |
HF
HRT Financial
New York
|
-$19.9M |
ERIE Hedge Fund Activity: Q3 2023 in Review
301 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Erie Indemnity (ERIE) for Q3 2023, worth a combined $4.97B — up 48% from $3.37B a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new ERIE positions and 48 closed out — a net gain of 23 holders — while 80 added to existing stakes and 113 trimmed.
The largest buyer was BlackRock, adding an estimated $282M. The largest seller was Bishop & Co Investment Management, exiting entirely with an estimated $377M sold.
- 301 institutional investors held Erie Indemnity (ERIE) as of Q3 2023, up from 279 in Q2 2023.
- Funds reported $4.97B of Erie Indemnity stock for Q3 2023, up 48% quarter-over-quarter.
- 71 funds opened new Erie Indemnity positions in Q3 2023 and 48 closed out, a net change of +23 holders.
- The largest Erie Indemnity buyer in Q3 2023 was BlackRock, an estimated $282M added.
- The largest Erie Indemnity seller in Q3 2023 was Bishop & Co Investment Management, an estimated $377M sold.
Based on aggregated 13F filings for Q3 2023.