Erie Indemnity
ERIE
232 hedge funds and large institutions have $3.4B invested in Erie Indemnity in 2020 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 84 increasing their positions, 70 reducing their positions, and 19 closing their positions.
79% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 19
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
20% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 70
9% more capital invested
Capital invested by funds: $3.13B → $3.4B (+$269M)
7% more funds holding
Funds holding: 217 → 232 (+15)
0.09% less ownership
Funds ownership: 35.24% → 35.15% (-0.09%)
62% less call options, than puts
Call options by funds: $1.37M | Put options by funds: $3.63M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$30.8M |
| 2 |
BlackRock
New York
|
+$11.1M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$8.09M |
| 4 |
T
TOBAM
Paris,
France
|
+$5.51M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$5.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$52.7M |
| 2 |
FPCG
Fort Pitt Capital Group
Pittsburgh,
Pennsylvania
|
-$15.9M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$12.2M |
| 4 |
State Street
Boston,
Massachusetts
|
-$7.18M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$6.21M |
ERIE Hedge Fund Activity: Q3 2020 in Review
232 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Erie Indemnity (ERIE) for Q3 2020, worth a combined $3.4B — up 8.6% from $3.13B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new ERIE positions and 19 closed out — a net gain of 15 holders — while 84 added to existing stakes and 70 trimmed.
The largest buyer was PNC Financial Services Group, adding an estimated $30.8M. The largest seller was First Trust Advisors, cutting an estimated $52.7M.
- 232 institutional investors held Erie Indemnity (ERIE) as of Q3 2020, up from 217 in Q2 2020.
- Funds reported $3.4B of Erie Indemnity stock for Q3 2020, up 8.6% quarter-over-quarter.
- 34 funds opened new Erie Indemnity positions in Q3 2020 and 19 closed out, a net change of +15 holders.
- The largest Erie Indemnity buyer in Q3 2020 was PNC Financial Services Group, an estimated $30.8M added.
- The largest Erie Indemnity seller in Q3 2020 was First Trust Advisors, an estimated $52.7M sold.
Based on aggregated 13F filings for Q3 2020.