Erie Indemnity
ERIE
116 hedge funds and large institutions have $1.26B invested in Erie Indemnity in 2014 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 38 increasing their positions, 41 reducing their positions, and 8 closing their positions.
125% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 8
19% more capital invested
Capital invested by funds: $1.07B → $1.26B (+$198M)
6% more funds holding
Funds holding: 109 → 116 (+7)
0.3% less ownership
Funds ownership: 30.46% → 30.16% (-0.3%)
7% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 41
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$4.16M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.33M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$3.17M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.13M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$13.1M |
| 2 |
CRM
Capital Returns Management
Rye,
New York
|
-$5.9M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$4.92M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$1.52M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$1.5M |
ERIE Hedge Fund Activity: Q4 2014 in Review
116 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Erie Indemnity (ERIE) for Q4 2014, worth a combined $1.26B — up 19% from $1.07B a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new ERIE positions and 8 closed out — a net gain of 10 holders — while 38 added to existing stakes and 41 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $4.16M. The largest seller was Royce & Associates, cutting an estimated $13.1M.
- 116 institutional investors held Erie Indemnity (ERIE) as of Q4 2014, up from 109 in Q3 2014.
- Funds reported $1.26B of Erie Indemnity stock for Q4 2014, up 19% quarter-over-quarter.
- 18 funds opened new Erie Indemnity positions in Q4 2014 and 8 closed out, a net change of +10 holders.
- The largest Erie Indemnity buyer in Q4 2014 was BlackRock Fund Advisors, an estimated $4.16M added.
- The largest Erie Indemnity seller in Q4 2014 was Royce & Associates, an estimated $13.1M sold.
Based on aggregated 13F filings for Q4 2014.