Erie Indemnity
ERIE
125 hedge funds and large institutions have $1.75B invested in Erie Indemnity in 2017 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 44 increasing their positions, 47 reducing their positions, and 16 closing their positions.
9% more capital invested
Capital invested by funds: $1.6B → $1.75B (+$141M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.09% less ownership
Funds ownership: 30.88% → 30.79% (-0.09%)
6% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 47
8% less funds holding
Funds holding: 136 → 125 (-11)
25% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$105M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$19M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$1.6M |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$1.44M |
| 5 |
AG
Aperio Group
Sausalito,
California
|
+$1.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$8.28M |
| 2 |
Bank of New York Mellon
New York
|
-$7.45M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$4.24M |
| 4 |
Renaissance Technologies
New York
|
-$3.49M |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$2.78M |
ERIE Hedge Fund Activity: Q1 2017 in Review
125 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Erie Indemnity (ERIE) for Q1 2017, worth a combined $1.75B — up 8.8% from $1.6B a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of ERIE and 12 opened new positions — a net loss of 4 holders — while 47 trimmed existing stakes and 44 added.
The largest buyer was BlackRock, adding an estimated $105M. The largest seller was Franklin Resources, cutting an estimated $8.28M.
- 125 institutional investors held Erie Indemnity (ERIE) as of Q1 2017, down from 136 in Q4 2016.
- Funds reported $1.75B of Erie Indemnity stock for Q1 2017, up 8.8% quarter-over-quarter.
- 12 funds opened new Erie Indemnity positions in Q1 2017 and 16 closed out, a net change of -4 holders.
- The largest Erie Indemnity buyer in Q1 2017 was BlackRock, an estimated $105M added.
- The largest Erie Indemnity seller in Q1 2017 was Franklin Resources, an estimated $8.28M sold.
Based on aggregated 13F filings for Q1 2017.