Erie Indemnity
ERIE
141 hedge funds and large institutions have $1.7B invested in Erie Indemnity in 2018 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 52 increasing their positions, 41 reducing their positions, and 12 closing their positions.
38% more capital inflows, than outflows
Capital inflows: $34.9M | Capital outflows: $25.3M
27% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 41
17% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 12
1% more funds holding
Funds holding: 140 → 141 (+1)
0.18% more ownership
Funds ownership: 31.19% → 31.37% (+0.18%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$9.69M |
| 2 |
Charles Schwab
San Francisco,
California
|
+$6.75M |
| 3 |
Renaissance Technologies
New York
|
+$1.87M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$1.65M |
| 5 |
UBS AM
Chicago,
Illinois
|
+$1.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$5.98M |
| 2 |
Janus Henderson Group
London,
|
-$3.95M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$2.83M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.4M |
| 5 |
State Street
Boston,
Massachusetts
|
-$1.86M |
ERIE Hedge Fund Activity: Q1 2018 in Review
141 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Erie Indemnity (ERIE) for Q1 2018, worth a combined $1.7B — down 2.9% from $1.76B a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new ERIE positions and 12 closed out — a net gain of 2 holders — while 52 added to existing stakes and 41 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $9.69M. The largest seller was Franklin Resources, cutting an estimated $5.98M.
- 141 institutional investors held Erie Indemnity (ERIE) as of Q1 2018, up from 140 in Q4 2017.
- Funds reported $1.7B of Erie Indemnity stock for Q1 2018, down 2.9% quarter-over-quarter.
- 14 funds opened new Erie Indemnity positions in Q1 2018 and 12 closed out, a net change of +2 holders.
- The largest Erie Indemnity buyer in Q1 2018 was Victory Capital Management, an estimated $9.69M added.
- The largest Erie Indemnity seller in Q1 2018 was Franklin Resources, an estimated $5.98M sold.
Based on aggregated 13F filings for Q1 2018.