Erie Indemnity
ERIE
109 hedge funds and large institutions have $1.07B invested in Erie Indemnity in 2014 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 34 increasing their positions, 43 reducing their positions, and 7 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
0% more capital invested
Capital invested by funds: $1.07B → $1.07B (+$291K)
2% less funds holding
Funds holding: 111 → 109 (-2)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
21% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ORIO
Old Republic International (ORI)
Chicago,
Illinois
|
+$10.1M |
| 2 |
FPCG
Fort Pitt Capital Group
Pittsburgh,
Pennsylvania
|
+$6.99M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$4.21M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$717K |
| 5 |
RhumbLine Advisers
Boston,
Massachusetts
|
+$675K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$16.9M |
| 2 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$1.85M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$1.79M |
| 4 |
GC
Globeflex Capital
San Diego,
California
|
-$1.3M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$1.13M |
ERIE Hedge Fund Activity: Q3 2014 in Review
109 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in Erie Indemnity (ERIE) for Q3 2014, worth a combined $1.07B — up 0.03% from $1.07B a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of ERIE and 6 opened new positions — a net loss of 1 holder — while 43 trimmed existing stakes and 34 added.
The largest buyer was Old Republic International (ORI), adding an estimated $10.1M. The largest seller was Norges Bank, cutting an estimated $16.9M.
- 109 institutional investors held Erie Indemnity (ERIE) as of Q3 2014, down from 111 in Q2 2014.
- Funds reported $1.07B of Erie Indemnity stock for Q3 2014, up 0.03% quarter-over-quarter.
- 6 funds opened new Erie Indemnity positions in Q3 2014 and 7 closed out, a net change of -1 holder.
- The largest Erie Indemnity buyer in Q3 2014 was Old Republic International (ORI), an estimated $10.1M added.
- The largest Erie Indemnity seller in Q3 2014 was Norges Bank, an estimated $16.9M sold.
Based on aggregated 13F filings for Q3 2014.