Erie Indemnity
ERIE
123 hedge funds and large institutions have $1.73B invested in Erie Indemnity in 2017 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 49 increasing their positions, 44 reducing their positions, and 9 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 44
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.07% less ownership
Funds ownership: 31.09% → 31.01% (-0.07%)
4% less capital invested
Capital invested by funds: $1.8B → $1.73B (-$68.8M)
2% less funds holding
Funds holding: 126 → 123 (-3)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$4.92M |
| 2 |
Renaissance Technologies
New York
|
+$4.5M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.1M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$2.32M |
| 5 |
New York State Common Retirement Fund
Albany,
New York
|
+$1.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$5.88M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$4.71M |
| 3 |
MWP
MYCIO Wealth Partners
Philadelphia,
Pennsylvania
|
-$4.64M |
| 4 |
RA
Royce & Associates
New York
|
-$1.76M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$1.42M |
ERIE Hedge Fund Activity: Q3 2017 in Review
123 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Erie Indemnity (ERIE) for Q3 2017, worth a combined $1.73B — down 3.8% from $1.8B a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of ERIE and 7 opened new positions — a net loss of 2 holders — while 44 trimmed existing stakes and 49 added.
The largest buyer was NewEdge Advisors, opening a new position worth an estimated $4.92M. The largest seller was Robeco Institutional Asset Management, cutting an estimated $5.88M.
- 123 institutional investors held Erie Indemnity (ERIE) as of Q3 2017, down from 126 in Q2 2017.
- Funds reported $1.73B of Erie Indemnity stock for Q3 2017, down 3.8% quarter-over-quarter.
- 7 funds opened new Erie Indemnity positions in Q3 2017 and 9 closed out, a net change of -2 holders.
- The largest Erie Indemnity buyer in Q3 2017 was NewEdge Advisors, an estimated $4.92M added.
- The largest Erie Indemnity seller in Q3 2017 was Robeco Institutional Asset Management, an estimated $5.88M sold.
Based on aggregated 13F filings for Q3 2017.