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Erie Indemnity

208 hedge funds and large institutions have $2.41B invested in Erie Indemnity in 2020 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 50 increasing their positions, 94 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

1.24% less ownership

Funds ownership: 36.37%35.13% (-1.2%)

5% less funds holding

Funds holding: 219208 (-11)

13% less capital invested

Capital invested by funds: $2.77B → $2.41B (-$366M)

20% less first-time investments, than exits

New positions opened: 32 | Existing positions closed: 40

47% less repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 94

Holders
208
Holders Change
-11
Holders Change %
-5.02%
% of All Funds
4.58%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
32
Increased
50
Reduced
94
Closed
40
Calls
$2.34M
Puts
Net Calls
+$2.34M
Net Calls Change
+$2.2M
Name Holding Trade Value Shares
Change
Change in
Stake
PNC Financial Services Group
1
PNC Financial Services Group
Pennsylvania
$712M -$17.6K -109 -0%
Vanguard Group
2
Vanguard Group
Pennsylvania
$401M +$10.5M +65,085 +2%
BlackRock
3
BlackRock
New York
$251M +$5.07M +31,487 +2%
Franklin Resources
4
Franklin Resources
California
$174M -$7.26M -45,081 -4%
State Street
5
State Street
Massachusetts
$105M -$9.13M -56,681 -7%
Wellington Management Group
6
Wellington Management Group
Massachusetts
$81.8M +$87.3M +541,519 +5,118%
APG Asset Management
7
APG Asset Management
Netherlands
$48.6M -$6.03M -37,445 -10%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$41.1M -$3.58M -22,194 -7%
Dimensional Fund Advisors
9
Dimensional Fund Advisors
Texas
$36.5M -$873K -5,420 -2%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$32.5M -$662K -4,109 -2%
California Public Employees Retirement System
11
California Public Employees Retirement System
California
$28.4M +$21.2M +131,526 +220%
New York State Common Retirement Fund
12
New York State Common Retirement Fund
New York
$27M
Northern Trust
13
Northern Trust
Illinois
$25.7M +$1.04M +6,469 +4%
AUB
14
Atlantic Union Bankshares
Virginia
$21.2M
RA
15
Royce & Associates
New York
$18.5M -$6.38M -39,604 -24%
Swiss National Bank
16
Swiss National Bank
Switzerland
$16.8M +$3.19M +19,800 +21%
Legal & General Group
17
Legal & General Group
United Kingdom
$16M +$118K +732 +0.7%
Sumitomo Mitsui Trust Group
18
Sumitomo Mitsui Trust Group
Japan
$16M +$596K +3,700 +4%
UBS AM
19
UBS AM
Illinois
$15.4M -$508K -3,154 -3%
N
20
Nuveen
North Carolina
$14.8M +$1.08M +6,677 +7%
Renaissance Technologies
21
Renaissance Technologies
New York
$13.1M -$3.67M -22,800 -20%
Charles Schwab
22
Charles Schwab
California
$12.8M +$393K +2,442 +3%
FPCG
23
Fort Pitt Capital Group
Pennsylvania
$12.3M +$13.4M +82,947 New
AQR Capital Management
24
AQR Capital Management
Connecticut
$10.3M +$1.87M +11,629 +20%
Goldman Sachs
25
Goldman Sachs
New York
$9.55M -$1.17M -7,292 -10%

ERIE Hedge Fund Activity: Q1 2020 in Review

208 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Erie Indemnity (ERIE) for Q1 2020, worth a combined $2.41B — down 13% from $2.77B a quarter earlier.

Sellers outnumbered buyers: 40 funds closed out of ERIE and 32 opened new positions — a net loss of 8 holders — while 94 trimmed existing stakes and 50 added.

The largest buyer was Wellington Management Group, adding an estimated $87.3M. The largest seller was First Trust Advisors, cutting an estimated $55.3M.

  • 208 institutional investors held Erie Indemnity (ERIE) as of Q1 2020, down from 219 in Q4 2019.
  • Funds reported $2.41B of Erie Indemnity stock for Q1 2020, down 13% quarter-over-quarter.
  • 32 funds opened new Erie Indemnity positions in Q1 2020 and 40 closed out, a net change of -8 holders.
  • The largest Erie Indemnity buyer in Q1 2020 was Wellington Management Group, an estimated $87.3M added.
  • The largest Erie Indemnity seller in Q1 2020 was First Trust Advisors, an estimated $55.3M sold.

Based on aggregated 13F filings for Q1 2020.