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Erie Indemnity

128 hedge funds and large institutions have $1.34B invested in Erie Indemnity in 2015 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 42 increasing their positions, 34 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

155% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 11

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

24% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 34

16% more capital invested

Capital invested by funds: $1.15B → $1.34B (+$190M)

15% more funds holding

Funds holding: 111128 (+17)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $210K

Holders
128
Holders Change
+17
Holders Change %
+15.32%
% of All Funds
3.36%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.08%
New
28
Increased
42
Reduced
34
Closed
11
Calls
Puts
$210K
Net Calls
-$210K
Net Calls Change
-$210K
Name Holding Trade Value Shares
Change
Change in
Stake
PNC Financial Services Group
1
PNC Financial Services Group
Pennsylvania
$471M +$1.71M +18,853 +0.4%
Franklin Resources
2
Franklin Resources
California
$205M -$11M -121,000 -5%
Vanguard Group
3
Vanguard Group
Pennsylvania
$178M +$11M +121,733 +7%
BIT
4
BlackRock Institutional Trust
California
$60.5M +$2.63M +29,002 +5%
RA
5
Royce & Associates
New York
$43M
State Street
6
State Street
Massachusetts
$31.1M +$1.89M +20,805 +7%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$26.1M +$2.19M +24,129 +10%
BFA
8
BlackRock Fund Advisors
California
$22.8M +$2.23M +24,602 +12%
ORIO
9
Old Republic International (ORI)
Illinois
$21.3M -$590K -6,500 -3%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$19.1M +$435K +4,794 +2%
Los Angeles Capital Management
11
Los Angeles Capital Management
California
$17.5M -$3.06M -33,740 -16%
Northern Trust
12
Northern Trust
Illinois
$16.6M +$683K +7,525 +5%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$16M +$150K +1,651 +1%
Brown Advisory
14
Brown Advisory
Maryland
$12.9M -$1.04M -11,472 -8%
TCIM
15
TIAA CREF Investment Management
New York
$10.7M +$2.65M +29,194 +35%
California Public Employees Retirement System
16
California Public Employees Retirement System
California
$10.3M +$227K +2,500 +2%
Invesco
17
Invesco
Georgia
$9.59M +$155K +1,713 +2%
FPCG
18
Fort Pitt Capital Group
Pennsylvania
$8.49M -$268K -2,951 -3%
First Trust Advisors
19
First Trust Advisors
Illinois
$7.55M -$488K -5,377 -6%
CAM
20
Columbia Asset Management
Michigan
$7.04M -$653K -7,200 -9%
PPA
21
Parametric Portfolio Associates
Washington
$6.13M -$420K -4,627 -7%
HAI
22
Hennessy Advisors Inc
California
$6.03M +$72.6K +800 +1%
MWP
23
MYCIO Wealth Partners
Pennsylvania
$5.88M
T. Rowe Price Associates
24
T. Rowe Price Associates
Maryland
$5.71M +$4.45K +49 +0.1%
UBS Group
25
UBS Group
Switzerland
$5.47M +$104K +1,151 +2%

ERIE Hedge Fund Activity: Q4 2015 in Review

128 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in Erie Indemnity (ERIE) for Q4 2015, worth a combined $1.34B — up 16% from $1.15B a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new ERIE positions and 11 closed out — a net gain of 17 holders — while 42 added to existing stakes and 34 trimmed.

The largest buyer was Vanguard Group, adding an estimated $11M. The largest seller was Franklin Resources, cutting an estimated $11M.

  • 128 institutional investors held Erie Indemnity (ERIE) as of Q4 2015, up from 111 in Q3 2015.
  • Funds reported $1.34B of Erie Indemnity stock for Q4 2015, up 16% quarter-over-quarter.
  • 28 funds opened new Erie Indemnity positions in Q4 2015 and 11 closed out, a net change of +17 holders.
  • The largest Erie Indemnity buyer in Q4 2015 was Vanguard Group, an estimated $11M added.
  • The largest Erie Indemnity seller in Q4 2015 was Franklin Resources, an estimated $11M sold.

Based on aggregated 13F filings for Q4 2015.