Erie Indemnity
ERIE
143 hedge funds and large institutions have $1.85B invested in Erie Indemnity in 2018 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 51 increasing their positions, 54 reducing their positions, and 6 closing their positions.
150% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 6
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
10% more capital invested
Capital invested by funds: $1.69B → $1.85B (+$161M)
7% more funds holding
Funds holding: 134 → 143 (+9)
0.22% more ownership
Funds ownership: 31.27% → 31.48% (+0.22%)
6% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 54
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
New York State Common Retirement Fund
Albany,
New York
|
+$15M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.09M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$4.83M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$2.89M |
| 5 |
Renaissance Technologies
New York
|
+$2.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$15.6M |
| 2 |
RA
Royce & Associates
New York
|
-$9.82M |
| 3 |
MWP
MYCIO Wealth Partners
Philadelphia,
Pennsylvania
|
-$2.11M |
| 4 |
Goldman Sachs
New York
|
-$1.82M |
| 5 |
SEI Investments
Oaks,
Pennsylvania
|
-$1.43M |
ERIE Hedge Fund Activity: Q3 2018 in Review
143 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Erie Indemnity (ERIE) for Q3 2018, worth a combined $1.85B — up 9.5% from $1.69B a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new ERIE positions and 6 closed out — a net gain of 9 holders — while 51 added to existing stakes and 54 trimmed.
The largest buyer was New York State Common Retirement Fund, adding an estimated $15M. The largest seller was Franklin Resources, cutting an estimated $15.6M.
- 143 institutional investors held Erie Indemnity (ERIE) as of Q3 2018, up from 134 in Q2 2018.
- Funds reported $1.85B of Erie Indemnity stock for Q3 2018, up 9.5% quarter-over-quarter.
- 15 funds opened new Erie Indemnity positions in Q3 2018 and 6 closed out, a net change of +9 holders.
- The largest Erie Indemnity buyer in Q3 2018 was New York State Common Retirement Fund, an estimated $15M added.
- The largest Erie Indemnity seller in Q3 2018 was Franklin Resources, an estimated $15.6M sold.
Based on aggregated 13F filings for Q3 2018.