Erie Indemnity
ERIE
177 hedge funds and large institutions have $2.65B invested in Erie Indemnity in 2019 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 63 increasing their positions, 52 reducing their positions, and 9 closing their positions.
300% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 9
35% more capital invested
Capital invested by funds: $1.97B → $2.65B (+$680M)
21% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 52
16% more funds holding
Funds holding: 152 → 177 (+25)
0.15% more ownership
Funds ownership: 31.95% → 32.09% (+0.15%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$15.6M |
| 2 |
Goldman Sachs
New York
|
+$14.2M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$12.8M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$10.1M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
+$6.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
-$21.3M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$20.1M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$13.7M |
| 4 |
FPCG
Fort Pitt Capital Group
Pittsburgh,
Pennsylvania
|
-$11.2M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$10.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GT
176
Glenmede Trust
Philadelphia,
Pennsylvania
| $21 | – | – | – |
|
|
FPCG
177
Fort Pitt Capital Group
Pittsburgh,
Pennsylvania
| – | -$11.2M | -83,746 | Closed |
|
|
URS
178
Utah Retirement Systems
Salt Lake City,
Utah
| – | -$604K | -4,534 | Closed |
|
179
Neuberger Berman Group
New York
| – | -$298K | -2,233 | Closed |
|
|
AIC
180
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$119K | -891 | Closed |
|
|
LMAM
181
Legg Mason Asset Management
Tokyo,
Japan
| – | -$54K | -400 | Closed |
|
182
AssetMark Inc
Concord,
California
| – | -$37K | -278 | Closed |
|
|
IA
183
IFP Advisors
Tampa,
Florida
| – | -$22K | -170 | Closed |
|
|
CBT
184
Capital Bank & Trust
Irvine,
California
| – | -$15K | -109 | Closed |
|
|
QT
185
Quantamental Technologies
White Plains,
New York
| – | -$14K | -105 | Closed |
|
ERIE Hedge Fund Activity: Q1 2019 in Review
177 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Erie Indemnity (ERIE) for Q1 2019, worth a combined $2.65B — up 35% from $1.97B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new ERIE positions and 9 closed out — a net gain of 27 holders — while 63 added to existing stakes and 52 trimmed.
The largest buyer was AJO LP, adding an estimated $15.6M. The largest seller was Charles Schwab, cutting an estimated $21.3M.
- 177 institutional investors held Erie Indemnity (ERIE) as of Q1 2019, up from 152 in Q4 2018.
- Funds reported $2.65B of Erie Indemnity stock for Q1 2019, up 35% quarter-over-quarter.
- 36 funds opened new Erie Indemnity positions in Q1 2019 and 9 closed out, a net change of +27 holders.
- The largest Erie Indemnity buyer in Q1 2019 was AJO LP, an estimated $15.6M added.
- The largest Erie Indemnity seller in Q1 2019 was Charles Schwab, an estimated $21.3M sold.
Based on aggregated 13F filings for Q1 2019.