Erie Indemnity
ERIE
128 hedge funds and large institutions have $1.34B invested in Erie Indemnity in 2015 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 42 increasing their positions, 34 reducing their positions, and 11 closing their positions.
155% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 11
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
24% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 34
16% more capital invested
Capital invested by funds: $1.15B → $1.34B (+$190M)
15% more funds holding
Funds holding: 111 → 128 (+17)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $210K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$11M |
| 2 |
Swiss National Bank
Zurich,
Switzerland
|
+$2.86M |
| 3 |
TCIM
TIAA CREF Investment Management
New York
|
+$2.65M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$2.63M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$2.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$11M |
| 2 |
Los Angeles Capital Management
Los Angeles,
California
|
-$3.06M |
| 3 |
Morgan Stanley
New York
|
-$2.79M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$2.55M |
| 5 |
Millennium Management
New York
|
-$2.44M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JWA
126
JFS Wealth Advisors
Hermitage,
Pennsylvania
| $3K | – | – | – |
|
127
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $130 | – | – | – |
|
|
128
Millennium Management
New York
| – | -$2.44M | -29,451 | Closed |
|
|
TG
129
TCW Group
Los Angeles,
California
| – | -$973K | -11,731 | Closed |
|
|
TI
130
Trexquant Investment
Stamford,
Connecticut
| – | -$547K | -6,600 | Closed |
|
|
SIM
131
Spark Investment Management
New York
| – | -$422K | -5,100 | Closed |
|
132
Nomura Holdings
Tokyo,
Japan
| – | -$306K | -3,724 | Closed |
|
|
PP
133
PDT Partners
New York
| – | -$275K | -3,310 | Closed |
|
|
SCM
134
Stevens Capital Management
Radnor,
Pennsylvania
| – | -$255K | -3,075 | Closed |
|
|
BA
135
Bridgewater Associates
Westport,
Connecticut
| – | -$210K | -2,527 | Closed |
|
|
AP
136
Advisors Preferred
Rockville,
Maryland
| – | -$79K | -955 | Closed |
|
137
Acadian Asset Management
Boston,
Massachusetts
| – | -$78K | -943 | Closed |
|
|
MAM
138
Meeder Asset Management
Dublin,
Ohio
| – | -$1K | -12 | Closed |
|
|
VCM
139
Versant Capital Management
Phoenix,
Arizona
| – | +$544 | +6 | New |
|
ERIE Hedge Fund Activity: Q4 2015 in Review
128 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in Erie Indemnity (ERIE) for Q4 2015, worth a combined $1.34B — up 16% from $1.15B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new ERIE positions and 11 closed out — a net gain of 17 holders — while 42 added to existing stakes and 34 trimmed.
The largest buyer was Vanguard Group, adding an estimated $11M. The largest seller was Franklin Resources, cutting an estimated $11M.
- 128 institutional investors held Erie Indemnity (ERIE) as of Q4 2015, up from 111 in Q3 2015.
- Funds reported $1.34B of Erie Indemnity stock for Q4 2015, up 16% quarter-over-quarter.
- 28 funds opened new Erie Indemnity positions in Q4 2015 and 11 closed out, a net change of +17 holders.
- The largest Erie Indemnity buyer in Q4 2015 was Vanguard Group, an estimated $11M added.
- The largest Erie Indemnity seller in Q4 2015 was Franklin Resources, an estimated $11M sold.
Based on aggregated 13F filings for Q4 2015.