Erie Indemnity
ERIE
133 hedge funds and large institutions have $1.45B invested in Erie Indemnity in 2016 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 41 increasing their positions, 56 reducing their positions, and 17 closing their positions.
3% more capital invested
Capital invested by funds: $1.41B → $1.45B (+$40.9M)
0.18% more ownership
Funds ownership: 30.65% → 30.83% (+0.18%)
5% less funds holding
Funds holding: 140 → 133 (-7)
27% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 56
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
35% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$11.8M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$3.9M |
| 3 |
EA
Emerald Acquisition
Seattle,
Washington
|
+$2.88M |
| 4 |
Renaissance Technologies
New York
|
+$1.65M |
| 5 |
PP
Prospector Partners
Guilford,
Connecticut
|
+$1.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$4.17M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$1.91M |
| 3 |
AI
Analytic Investors
Los Angeles,
California
|
-$1.14M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$1.03M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$1M |
ERIE Hedge Fund Activity: Q3 2016 in Review
133 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Erie Indemnity (ERIE) for Q3 2016, worth a combined $1.45B — up 2.9% from $1.41B a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of ERIE and 11 opened new positions — a net loss of 6 holders — while 56 trimmed existing stakes and 41 added.
The largest buyer was Vanguard Group, adding an estimated $11.8M. The largest seller was Norges Bank, exiting entirely with an estimated $4.17M sold.
- 133 institutional investors held Erie Indemnity (ERIE) as of Q3 2016, down from 140 in Q2 2016.
- Funds reported $1.45B of Erie Indemnity stock for Q3 2016, up 2.9% quarter-over-quarter.
- 11 funds opened new Erie Indemnity positions in Q3 2016 and 17 closed out, a net change of -6 holders.
- The largest Erie Indemnity buyer in Q3 2016 was Vanguard Group, an estimated $11.8M added.
- The largest Erie Indemnity seller in Q3 2016 was Norges Bank, an estimated $4.17M sold.
Based on aggregated 13F filings for Q3 2016.