Erie Indemnity
ERIE
112 hedge funds and large institutions have $1.22B invested in Erie Indemnity in 2015 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 34 increasing their positions, 40 reducing their positions, and 14 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less capital invested
Capital invested by funds: $1.26B → $1.22B (-$42.5M)
3% less funds holding
Funds holding: 116 → 112 (-4)
15% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 40
21% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$29.6M |
| 2 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$5.55M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$4.01M |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
+$2.77M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$2.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$11M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$9.37M |
| 3 |
RA
Royce & Associates
New York
|
-$5.98M |
| 4 |
Los Angeles Capital Management
Los Angeles,
California
|
-$3.81M |
| 5 |
CRM
Capital Returns Management
Rye,
New York
|
-$2.9M |
ERIE Hedge Fund Activity: Q1 2015 in Review
112 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Erie Indemnity (ERIE) for Q1 2015, worth a combined $1.22B — down 3.4% from $1.26B a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of ERIE and 11 opened new positions — a net loss of 3 holders — while 40 trimmed existing stakes and 34 added.
The largest buyer was Vanguard Group, adding an estimated $29.6M. The largest seller was Norges Bank, cutting an estimated $11M.
- 112 institutional investors held Erie Indemnity (ERIE) as of Q1 2015, down from 116 in Q4 2014.
- Funds reported $1.22B of Erie Indemnity stock for Q1 2015, down 3.4% quarter-over-quarter.
- 11 funds opened new Erie Indemnity positions in Q1 2015 and 14 closed out, a net change of -3 holders.
- The largest Erie Indemnity buyer in Q1 2015 was Vanguard Group, an estimated $29.6M added.
- The largest Erie Indemnity seller in Q1 2015 was Norges Bank, an estimated $11M sold.
Based on aggregated 13F filings for Q1 2015.