Erie Indemnity
ERIE
152 hedge funds and large institutions have $1.97B invested in Erie Indemnity in 2018 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 54 increasing their positions, 36 reducing their positions, and 15 closing their positions.
60% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 15
50% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 36
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
6% more funds holding
Funds holding: 143 → 152 (+9)
6% more capital invested
Capital invested by funds: $1.85B → $1.97B (+$111M)
0.46% more ownership
Funds ownership: 31.48% → 31.95% (+0.46%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPCG
Fort Pitt Capital Group
Pittsburgh,
Pennsylvania
|
+$10.9M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$9.85M |
| 3 |
BlackRock
New York
|
+$6.12M |
| 4 |
UBS AM
Chicago,
Illinois
|
+$3.45M |
| 5 |
Mitsubishi UFJ Asset Management
Tokyo,
Japan
|
+$2.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$11.7M |
| 2 |
RIM
Redwood Investment Management
Scottsdale,
Arizona
|
-$5.03M |
| 3 |
New York State Common Retirement Fund
Albany,
New York
|
-$4.26M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$2.18M |
| 5 |
Millennium Management
New York
|
-$2.13M |
ERIE Hedge Fund Activity: Q4 2018 in Review
152 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Erie Indemnity (ERIE) for Q4 2018, worth a combined $1.97B — up 6% from $1.85B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new ERIE positions and 15 closed out — a net gain of 9 holders — while 54 added to existing stakes and 36 trimmed.
The largest buyer was Fort Pitt Capital Group, opening a new position worth an estimated $10.9M. The largest seller was Franklin Resources, cutting an estimated $11.7M.
- 152 institutional investors held Erie Indemnity (ERIE) as of Q4 2018, up from 143 in Q3 2018.
- Funds reported $1.97B of Erie Indemnity stock for Q4 2018, up 6% quarter-over-quarter.
- 24 funds opened new Erie Indemnity positions in Q4 2018 and 15 closed out, a net change of +9 holders.
- The largest Erie Indemnity buyer in Q4 2018 was Fort Pitt Capital Group, an estimated $10.9M added.
- The largest Erie Indemnity seller in Q4 2018 was Franklin Resources, an estimated $11.7M sold.
Based on aggregated 13F filings for Q4 2018.