Erie Indemnity
ERIE
219 hedge funds and large institutions have $2.78B invested in Erie Indemnity in 2019 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 66 increasing their positions, 76 reducing their positions, and 32 closing their positions.
63% more call options, than puts
Call options by funds: $382K | Put options by funds: $234K
16% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 32
2% more funds holding
Funds holding: 214 → 219 (+5)
0.15% more ownership
Funds ownership: 36.22% → 36.37% (+0.15%)
10% less capital invested
Capital invested by funds: $3.1B → $2.78B (-$322M)
13% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 76
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
APG Asset Management
Amsterdam,
Netherlands
|
+$48.3M |
| 2 |
Renaissance Technologies
New York
|
+$19.7M |
| 3 |
AssetMark Inc
Concord,
California
|
+$15.8M |
| 4 |
SG Americas Securities
New York
|
+$9.77M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$9.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$20.4M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$12.7M |
| 3 |
JP Morgan Chase
New York
|
-$11.8M |
| 4 |
Goldman Sachs
New York
|
-$9.46M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$7.66M |
ERIE Hedge Fund Activity: Q4 2019 in Review
219 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Erie Indemnity (ERIE) for Q4 2019, worth a combined $2.78B — down 10% from $3.1B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new ERIE positions and 32 closed out — a net gain of 5 holders — while 66 added to existing stakes and 76 trimmed.
The largest buyer was APG Asset Management, adding an estimated $48.3M. The largest seller was Wells Fargo, cutting an estimated $20.4M.
- 219 institutional investors held Erie Indemnity (ERIE) as of Q4 2019, up from 214 in Q3 2019.
- Funds reported $2.78B of Erie Indemnity stock for Q4 2019, down 10% quarter-over-quarter.
- 37 funds opened new Erie Indemnity positions in Q4 2019 and 32 closed out, a net change of +5 holders.
- The largest Erie Indemnity buyer in Q4 2019 was APG Asset Management, an estimated $48.3M added.
- The largest Erie Indemnity seller in Q4 2019 was Wells Fargo, an estimated $20.4M sold.
Based on aggregated 13F filings for Q4 2019.