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Erie Indemnity

136 hedge funds and large institutions have $1.6B invested in Erie Indemnity in 2016 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 45 increasing their positions, 56 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

86% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 7

30.88% more ownership

Funds ownership: 0%30.88% (+31%)

12% more capital invested

Capital invested by funds: $1.44B → $1.6B (+$166M)

2% more funds holding

Funds holding: 133136 (+3)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

20% less repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 56

Holders
136
Holders Change
+3
Holders Change %
+2.26%
% of All Funds
3.4%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
13
Increased
45
Reduced
56
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PNC Financial Services Group
1
PNC Financial Services Group
Pennsylvania
$553M -$33.6K -316 -0%
Vanguard Group
2
Vanguard Group
Pennsylvania
$239M +$6.29M +59,154 +3%
Franklin Resources
3
Franklin Resources
California
$237M -$1.59M -14,933 -0.7%
BIT
4
BlackRock Institutional Trust
California
$65.5M -$1.67M -15,693 -3%
RA
5
Royce & Associates
New York
$43.6M -$2.73M -25,700 -6%
State Street
6
State Street
Massachusetts
$37.7M +$316K +2,974 +0.9%
Bank of New York Mellon
7
Bank of New York Mellon
New York
$28.8M +$3.57M +33,564 +15%
BFA
8
BlackRock Fund Advisors
California
$28.6M +$1.8M +16,882 +7%
Dimensional Fund Advisors
9
Dimensional Fund Advisors
Texas
$28M -$1.72M -16,212 -6%
ORIO
10
Old Republic International (ORI)
Illinois
$25M
New York State Common Retirement Fund
11
New York State Common Retirement Fund
New York
$21M -$213K -2,000 -1%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$20.4M +$857K +8,057 +5%
Northern Trust
13
Northern Trust
Illinois
$15.3M +$189K +1,777 +1%
Los Angeles Capital Management
14
Los Angeles Capital Management
California
$15M -$3.17M -29,853 -18%
First Trust Advisors
15
First Trust Advisors
Illinois
$14.8M +$411K +3,865 +3%
Renaissance Technologies
16
Renaissance Technologies
New York
$13.1M +$2.94M +27,641 +31%
Brown Advisory
17
Brown Advisory
Maryland
$10.8M -$720K -6,772 -7%
California Public Employees Retirement System
18
California Public Employees Retirement System
California
$10.6M -$899K -8,455 -8%
Charles Schwab
19
Charles Schwab
California
$10.4M +$2.68M +25,179 +37%
Robeco Institutional Asset Management
20
Robeco Institutional Asset Management
Netherlands
$10.1M +$3.75M +35,216 +64%
PPA
21
Parametric Portfolio Associates
Washington
$7.88M -$4.89K -46 -0.1%
TCIM
22
TIAA CREF Investment Management
New York
$7.79M -$531K -4,997 -7%
CAM
23
Columbia Asset Management
Michigan
$7.58M -$42.5K -400 -0.6%
T. Rowe Price Associates
24
T. Rowe Price Associates
Maryland
$6.74M +$319 +3 +0%
MWP
25
MYCIO Wealth Partners
Pennsylvania
$6.68M -$213K -2,000 -3%

ERIE Hedge Fund Activity: Q4 2016 in Review

136 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in Erie Indemnity (ERIE) for Q4 2016, worth a combined $1.6B — up 12% from $1.44B a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new ERIE positions and 7 closed out — a net gain of 6 holders — while 45 added to existing stakes and 56 trimmed.

The largest buyer was Vanguard Group, adding an estimated $6.29M. The largest seller was Emerald Advisers, exiting entirely with an estimated $3.45M sold.

  • 136 institutional investors held Erie Indemnity (ERIE) as of Q4 2016, up from 133 in Q3 2016.
  • Funds reported $1.6B of Erie Indemnity stock for Q4 2016, up 12% quarter-over-quarter.
  • 13 funds opened new Erie Indemnity positions in Q4 2016 and 7 closed out, a net change of +6 holders.
  • The largest Erie Indemnity buyer in Q4 2016 was Vanguard Group, an estimated $6.29M added.
  • The largest Erie Indemnity seller in Q4 2016 was Emerald Advisers, an estimated $3.45M sold.

Based on aggregated 13F filings for Q4 2016.