Erie Indemnity
ERIE
138 hedge funds and large institutions have $1.28B invested in Erie Indemnity in 2016 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 49 increasing their positions, 46 reducing their positions, and 13 closing their positions.
77% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 13
8% more funds holding
Funds holding: 128 → 138 (+10)
7% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 46
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
4% less capital invested
Capital invested by funds: $1.34B → $1.28B (-$59.1M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $623K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$6.05M |
| 2 |
New York State Common Retirement Fund
Albany,
New York
|
+$4.85M |
| 3 |
Renaissance Technologies
New York
|
+$4.71M |
| 4 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$4.16M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$3.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$9.18M |
| 2 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$6.03M |
| 3 |
FPCG
Fort Pitt Capital Group
Pittsburgh,
Pennsylvania
|
-$4.22M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$3.95M |
| 5 |
RA
Royce & Associates
New York
|
-$3.4M |
ERIE Hedge Fund Activity: Q1 2016 in Review
138 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Erie Indemnity (ERIE) for Q1 2016, worth a combined $1.28B — down 4.4% from $1.34B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new ERIE positions and 13 closed out — a net gain of 10 holders — while 49 added to existing stakes and 46 trimmed.
The largest buyer was Janus Henderson Investors US, opening a new position worth an estimated $6.05M. The largest seller was Invesco, cutting an estimated $9.18M.
- 138 institutional investors held Erie Indemnity (ERIE) as of Q1 2016, up from 128 in Q4 2015.
- Funds reported $1.28B of Erie Indemnity stock for Q1 2016, down 4.4% quarter-over-quarter.
- 23 funds opened new Erie Indemnity positions in Q1 2016 and 13 closed out, a net change of +10 holders.
- The largest Erie Indemnity buyer in Q1 2016 was Janus Henderson Investors US, an estimated $6.05M added.
- The largest Erie Indemnity seller in Q1 2016 was Invesco, an estimated $9.18M sold.
Based on aggregated 13F filings for Q1 2016.