Erie Indemnity
ERIE
140 hedge funds and large institutions have $1.76B invested in Erie Indemnity in 2017 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 51 increasing their positions, 42 reducing their positions, and 7 closing their positions.
243% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 7
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
21% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 42
14% more funds holding
Funds holding: 123 → 140 (+17)
2% more capital invested
Capital invested by funds: $1.73B → $1.76B (+$28.1M)
0.18% more ownership
Funds ownership: 31.01% → 31.19% (+0.18%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AUB
Atlantic Union Bankshares
Glen Allen,
Virginia
|
+$16M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.35M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$1.81M |
| 4 |
Morgan Stanley
New York
|
+$1.41M |
| 5 |
MWNA
Marshall Wace North America
New York
|
+$1.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$8.34M |
| 2 |
Janus Henderson Group
London,
|
-$6.03M |
| 3 |
Goldman Sachs
New York
|
-$2.09M |
| 4 |
AAMU
AEGON Asset Management (UK)
Edinburgh,
United Kingdom
|
-$1.84M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.73M |
ERIE Hedge Fund Activity: Q4 2017 in Review
140 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Erie Indemnity (ERIE) for Q4 2017, worth a combined $1.76B — up 1.6% from $1.73B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new ERIE positions and 7 closed out — a net gain of 17 holders — while 51 added to existing stakes and 42 trimmed.
The largest buyer was Atlantic Union Bankshares, opening a new position worth an estimated $16M. The largest seller was Franklin Resources, cutting an estimated $8.34M.
- 140 institutional investors held Erie Indemnity (ERIE) as of Q4 2017, up from 123 in Q3 2017.
- Funds reported $1.76B of Erie Indemnity stock for Q4 2017, up 1.6% quarter-over-quarter.
- 24 funds opened new Erie Indemnity positions in Q4 2017 and 7 closed out, a net change of +17 holders.
- The largest Erie Indemnity buyer in Q4 2017 was Atlantic Union Bankshares, an estimated $16M added.
- The largest Erie Indemnity seller in Q4 2017 was Franklin Resources, an estimated $8.34M sold.
Based on aggregated 13F filings for Q4 2017.