Erie Indemnity
ERIE
111 hedge funds and large institutions have $1.07B invested in Erie Indemnity in 2014 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 31 increasing their positions, 44 reducing their positions, and 13 closing their positions.
38% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 13
10% more capital invested
Capital invested by funds: $972M → $1.07B (+$93.6M)
5% more funds holding
Funds holding: 106 → 111 (+5)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
30% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Los Angeles Capital Management
Los Angeles,
California
|
+$17.7M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$10.1M |
| 3 |
ORIO
Old Republic International (ORI)
Chicago,
Illinois
|
+$6.98M |
| 4 |
MWP
MYCIO Wealth Partners
Philadelphia,
Pennsylvania
|
+$4.68M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$2.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$8.09M |
| 2 |
SO
STRS Ohio
Columbus,
Ohio
|
-$7.67M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$5.12M |
| 4 |
State Street
Boston,
Massachusetts
|
-$2.07M |
| 5 |
QI
Qualcomm Inc
San Diego,
California
|
-$1.98M |
ERIE Hedge Fund Activity: Q2 2014 in Review
111 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in Erie Indemnity (ERIE) for Q2 2014, worth a combined $1.07B — up 9.6% from $972M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new ERIE positions and 13 closed out — a net gain of 5 holders — while 31 added to existing stakes and 44 trimmed.
The largest buyer was Los Angeles Capital Management, adding an estimated $17.7M. The largest seller was PNC Financial Services Group, cutting an estimated $8.09M.
- 111 institutional investors held Erie Indemnity (ERIE) as of Q2 2014, up from 106 in Q1 2014.
- Funds reported $1.07B of Erie Indemnity stock for Q2 2014, up 9.6% quarter-over-quarter.
- 18 funds opened new Erie Indemnity positions in Q2 2014 and 13 closed out, a net change of +5 holders.
- The largest Erie Indemnity buyer in Q2 2014 was Los Angeles Capital Management, an estimated $17.7M added.
- The largest Erie Indemnity seller in Q2 2014 was PNC Financial Services Group, an estimated $8.09M sold.
Based on aggregated 13F filings for Q2 2014.