Erie Indemnity
ERIE
215 hedge funds and large institutions have $3.26B invested in Erie Indemnity in 2021 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 85 increasing their positions, 74 reducing their positions, and 31 closing their positions.
290% more call options, than puts
Call options by funds: $4M | Put options by funds: $1.02M
15% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 74
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.12% less ownership
Funds ownership: 36.71% → 36.6% (-0.12%)
6% less funds holding
Funds holding: 229 → 215 (-14)
13% less capital invested
Capital invested by funds: $3.73B → $3.26B (-$477M)
39% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPCG
Fort Pitt Capital Group
Pittsburgh,
Pennsylvania
|
+$17.1M |
| 2 |
State Street
Boston,
Massachusetts
|
+$15.6M |
| 3 |
UBS AM
Chicago,
Illinois
|
+$11.1M |
| 4 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$10.4M |
| 5 |
MCM
MAI Capital Management
Independence,
Ohio
|
+$8.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
California Public Employees Retirement System
Sacramento,
California
|
-$24.7M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$22.3M |
| 3 |
BlackRock
New York
|
-$12.8M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$12.7M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$11.7M |
ERIE Hedge Fund Activity: Q2 2021 in Review
215 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Erie Indemnity (ERIE) for Q2 2021, worth a combined $3.26B — down 13% from $3.73B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of ERIE and 19 opened new positions — a net loss of 12 holders — while 74 trimmed existing stakes and 85 added.
The largest buyer was Fort Pitt Capital Group, opening a new position worth an estimated $17.1M. The largest seller was California Public Employees Retirement System, exiting entirely with an estimated $24.7M sold.
- 215 institutional investors held Erie Indemnity (ERIE) as of Q2 2021, down from 229 in Q1 2021.
- Funds reported $3.26B of Erie Indemnity stock for Q2 2021, down 13% quarter-over-quarter.
- 19 funds opened new Erie Indemnity positions in Q2 2021 and 31 closed out, a net change of -12 holders.
- The largest Erie Indemnity buyer in Q2 2021 was Fort Pitt Capital Group, an estimated $17.1M added.
- The largest Erie Indemnity seller in Q2 2021 was California Public Employees Retirement System, an estimated $24.7M sold.
Based on aggregated 13F filings for Q2 2021.