Erie IndemnityERIE
About: Erie Indemnity Co mainly performs services on behalf of the Erie Insurance Exchange relating to sales, underwriting, and issuance of policies. Erie Indemnity's results are tied to the performance of the Insurance Exchange, which principally provides automobile and homeowners insurance for individuals, along with multiperil, workers' compensation, and commercial automobile insurance for its commercial clients. Erie Indemnity's management fee is typically 25% of the Exchange's premiums, and this accounts for all of Erie Indemnity's revenue. The company operates exclusively in the United States.
Employees: 6,556
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
265% more call options, than puts
Call options by funds: $37.6M | Put options by funds: $10.3M
193% more first-time investments, than exits
New positions opened: 88 | Existing positions closed: 30
47% more capital invested
Capital invested by funds: $6.13B [Q2] → $9.03B (+$2.9B) [Q3]
20% more funds holding in top 10
Funds holding in top 10: 5 [Q2] → 6 (+1) [Q3]
19% more funds holding
Funds holding: 305 [Q2] → 363 (+58) [Q3]
1.35% more ownership
Funds ownership: 36.64% [Q2] → 37.99% (+1.35%) [Q3]
7% less repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 122
Research analyst outlook
We haven’t received any recent analyst ratings for ERIE.
Financial journalist opinion
