Erie Indemnity
ERIE
268 hedge funds and large institutions have $11.6B invested in Erie Indemnity in 2023 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 93 increasing their positions, 95 reducing their positions, and 45 closing their positions.
316% more call options, than puts
Call options by funds: $5.11M | Put options by funds: $1.23M
189% more capital invested
Capital invested by funds: $4.03B → $11.6B (+$7.59B)
72.13% more ownership
Funds ownership: 36.48% → 108.61% (+72%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
2% less repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 95
6% less funds holding
Funds holding: 286 → 268 (-18)
36% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 45
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$8.01B |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$66.5M |
| 3 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$14.7M |
| 4 |
JP Morgan Chase
New York
|
+$10.6M |
| 5 |
BlackRock
New York
|
+$10.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HSA
HBK Sorce Advisory
Erie,
Pennsylvania
|
-$98.8M |
| 2 |
Goldman Sachs
New York
|
-$13.7M |
| 3 |
UBS AM
Chicago,
Illinois
|
-$8.83M |
| 4 |
Morgan Stanley
New York
|
-$8.28M |
| 5 |
EP
Edgestream Partners
Princeton,
New Jersey
|
-$7.96M |
ERIE Hedge Fund Activity: Q1 2023 in Review
268 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Erie Indemnity (ERIE) for Q1 2023, worth a combined $11.6B — up 189% from $4.03B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of ERIE and 29 opened new positions — a net loss of 16 holders — while 95 trimmed existing stakes and 93 added.
The largest buyer was PNC Financial Services Group, adding an estimated $8.01B. The largest seller was HBK Sorce Advisory, cutting an estimated $98.8M.
- 268 institutional investors held Erie Indemnity (ERIE) as of Q1 2023, down from 286 in Q4 2022.
- Funds reported $11.6B of Erie Indemnity stock for Q1 2023, up 189% quarter-over-quarter.
- 29 funds opened new Erie Indemnity positions in Q1 2023 and 45 closed out, a net change of -16 holders.
- The largest Erie Indemnity buyer in Q1 2023 was PNC Financial Services Group, an estimated $8.01B added.
- The largest Erie Indemnity seller in Q1 2023 was HBK Sorce Advisory, an estimated $98.8M sold.
Based on aggregated 13F filings for Q1 2023.