Erie Indemnity Company

ERIE • NASDAQ

Erie Indemnity Company is a insurance - brokers company in the financial services sector on NASDAQ, led by Timothy G. NeCastro, with a market cap of $15.0B. As of Q3 2025, 45% of shares are held by 406 institutional investors, with PNC FINANCIAL SERVICES GROUP, INC. as the largest holder at 9.39%.

President and Chief Executive OfficerTimothy G. NeCastro

Market Cap$15.0B

Insurance - Brokers

Financial Services

Employees6.6K

Websiteerieinsurance.com

Country

United States of America

Overview

Overview of institutional ownership in ERIE as of Q3 2025 with a market cap of $16.6B

All Institutions

Institutions: 406
Value Held: $7.5B
Shares Held: 23.7M
Avg Position: $18.6M
Median Position: $729.1K

Hedge Funds

Hedge Funds: 42
Value Held: $116.3M
Shares Held: 365.6K
Avg Position: $2.8M
Median Position: $1.4M

Ownership Breakdown

Institutional (non-HF)

44.61%

$7.4B

Hedge Funds

0.699%

$116.3M

Retail & Other

54.69%

$9.1B

Based on market cap of $16.6B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in ERIE as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
PNC FINANCIAL SERVICES GROUP, INC. Institution	William S. Demchak CEO	$1.6B 0.95% of portfolio	9.39% 4.9M shares	≤ Q2 2013 Held for 12y 5m+	$164.83B
Cresset Asset Management, LLC RIA/Wealth	Jack Alan Ablin Founder	$1.6B 6.04% of portfolio	9.33% 4.9M shares	Q3 2024 Held for 1y 2m	$25.7B
VANGUARD GROUP INC Institution	Salim Ramji CEO	$937.3M 0.01% of portfolio	5.63% 2.9M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
B BlackRock, Inc. Institution	-	$505.3M 0.01% of portfolio	3.04% 1.6M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$437.0M 0.02% of portfolio	2.63% 1.4M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$253.5M 0.02% of portfolio	1.53% 799.6K shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
Invesco Ltd. ETF Provider	Brian Christopher Hartigan CEO	$225.4M 0.04% of portfolio	1.36% 708.6K shares	≤ Q2 2013 Held for 12y 5m+	$633.08B
FRANKLIN RESOURCES INC Institution	Gregory E. Johnson CEO	$219.2M 0.06% of portfolio	1.32% 689.0K shares	≤ Q2 2013 Held for 12y 5m+	$395.36B
P ProShare Advisors LLC Institution	Michael Lynn Sapir CEO	$146.8M 0.31% of portfolio	0.88% 461.5K shares	Q3 2023 Held for 2y 2m	$47.8B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$106.9M 0.01% of portfolio	0.64% 336.0K shares	≤ Q2 2013 Held for 12y 5m+	$1.65T

Net Capital Flow

Institutional buying and selling activity for ERIE in Q3 2025

Traded: +$113.0M
Buyers: 220
Sellers: 174
Total Bought: +$307.7M
Total Sold: −$194.7M
Avg Position: $16.6M

Biggest Buyers

Institution	Net Bought	Current Position
GOLDMAN SACHS GROUP INC Institution	+$24.8M +77.8K shares	$63.6M 199.8K shares
P ProShare Advisors LLC Institution	+$21.7M +68.2K shares	$146.8M 461.5K shares
BANK OF AMERICA CORP /DE/ Institution	+$20.4M +64.2K shares	$91.7M 288.4K shares
GEODE CAPITAL MANAGEMENT LLC ETF Provider	+$15.4M +48.6K shares	$253.5M 799.6K shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	+$14.2M +44.8K shares	$16.2M 50.8K shares
Invesco Ltd. ETF Provider	+$14.2M +44.7K shares	$225.4M 708.6K shares
A Amundi Institution	+$11.9M +37.5K shares	$23.5M 74.4K shares
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$10.6M +33.2K shares	$11.5M 36.2K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$10.1M +31.8K shares	$11.4M 35.9K shares
C CANADA PENSION PLAN INVESTMENT BOARD Institution	+$10.1M +31.7K shares	$12.5M 39.3K shares

Biggest Sellers

Institution	Net Sold	Current Position
B BlackRock, Inc. Institution	−$35.4M −111.3K shares	$505.3M 1.6M shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$15.1M −47.5K shares	$39.3M 123.5K shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$13.4M −42.0K shares	$2.3M 7.3K shares
Woodline Partners LP Hedge Fund•Long/Short	−$11.5M −33.2K shares	Sold Off 0 shares
FMR LLC Institution	−$10.0M −31.4K shares	$1.1M 3.5K shares
A Andra AP-fonden Institution	−$7.9M −22.9K shares	Sold Off 0 shares
R ROYCE & ASSOCIATES LLC Institution	−$7.8M −22.6K shares	Sold Off 0 shares
INTECH INVESTMENT MANAGEMENT LLC Long Only Manager	−$7.8M −24.5K shares	$2.0M 6.2K shares
M Man Group plc Institution	−$7.1M −22.4K shares	$9.3M 29.3K shares
UBS Group AG Institution	−$6.8M −21.3K shares	$37.7M 118.6K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited ERIE in Q3 2025

New Positions: 31
New Value: $15.0M
Exited Positions: 46
Exited Value: $47.3M

New Positions

Institution	Position Value
LANDSCAPE CAPITAL MANAGEMENT, L.L.C. Hedge Fund•Market Neutral	$3.8M 11.9K shares
Hendershot Investments Inc. RIA/Wealth	$3.6M 11.4K shares
V VCI Wealth Management LLC Institution	$2.1M 6.6K shares
ISAM Funds Ltd Hedge Fund•Quant	$1.4M 4.3K shares
G Generali Asset Management SPA SGR Institution	$972.6K 3.1K shares
Iron Financial, LLC RIA/Wealth	$732.4K 2.3K shares
E EntryPoint Capital, LLC Hedge Fund•Long/Short	$619.8K 1.9K shares
G Gen-Wealth Partners Inc Institution	$460.6K 1.4K shares
S Swedbank AB Institution	$445.4K 1.4K shares
Advisory Alpha, LLC RIA/Wealth	$420.9K 1.3K shares

Exited Positions

Institution	Previous Position
Woodline Partners LP Hedge Fund•Long/Short	$11.5M 33.2K shares
A Andra AP-fonden Institution	$7.9M 22.9K shares
R ROYCE & ASSOCIATES LLC Institution	$7.8M 22.6K shares
A ADAGE CAPITAL PARTNERS GP LLC Institution	$3.4M 9.8K shares
Connor, Clark & Lunn Investment Management Ltd. Long Only Manager	$2.5M 7.2K shares
J Jump Financial, LLC Institution	$1.5M 4.2K shares
O ONTARIO TEACHERS PENSION PLAN BOARD Institution	$1.2M 3.5K shares
CONSOLIDATED PLANNING CORP RIA/Wealth	$1.0M 3.0K shares
I INCEPTIONR LLC Hedge Fund•Quant	$1.0M 3.0K shares
I Illinois Municipal Retirement Fund Institution	$993.9K 2.9K shares

Options Activity

Institutions with the largest Call and Put options positions in ERIE as of Q3 2025

Call Positions: 7
Call Value: $24.9M
Put Positions: 5
Put Value: $3.4M

Call Positions

Institution	Position Value
J JANE STREET GROUP, LLC Institution	$12.4M 389.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$6.8M 213.0 contracts
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$4.1M 130.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$700.0K 22.0 contracts
D D. E. Shaw & Co., Inc. Institution	$509.1K 16.0 contracts
W WOLVERINE TRADING, LLC Institution	$438.6K 14.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	- - contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$2.0M 64.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$859.0K 27.0 contracts
W WOLVERINE TRADING, LLC Institution	$219.3K 7.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$159.1K 5.0 contracts
Walleye Trading LLC RIA/Wealth	$127.3K 4.0 contracts

Most Committed Institutions

Institutions with ERIE as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
WEDGEWOOD INVESTORS INC /PA/ RIA/Wealth	Daniel Joseph Teed President	7.55% $6.8M	0.04% 21.5K shares	Q2 2024 Held for 1y 5m	$90.7M
Cresset Asset Management, LLC RIA/Wealth	Jack Alan Ablin Founder	6.04% $1.6B	9.33% 4.9M shares	Q3 2024 Held for 1y 2m	$25.7B
Columbia Asset Management RIA/Wealth	Brian Humphrey Weisman President	4.25% $22.7M	0.14% 71.3K shares	Q2 2022 Held for 3y 5m	$534.3M
Allegheny Financial Group LTD RIA/Wealth	Brandon James Haynes President	4.23% $20.9M	0.13% 65.6K shares	Q4 2020 Held for 4y 11m	$494.1M
F FIRST UNITED BANK TRUST/ Institution	-	1.03% $3.2M	0.02% 10.0K shares	Q2 2022 Held for 3y 5m	$308.1M
PNC FINANCIAL SERVICES GROUP, INC. Institution	William S. Demchak CEO	0.95% $1.6B	9.39% 4.9M shares	≤ Q2 2013 Held for 12y 5m+	$164.83B
V VCI Wealth Management LLC Institution	-	0.64% $2.1M	0.01% 6.6K shares	Q3 2025 Held for 2 months	$329.8M
CBOE Vest Financial, LLC ETF Provider	Karan Sood CEO	0.62% $47.5M	0.29% 149.4K shares	Q1 2025 Held for 8 months	$7.7B
Hendershot Investments Inc. RIA/Wealth	Ingrid Reardon Hendershot CEO	0.45% $3.6M	0.02% 11.4K shares	Q3 2025 Held for 2 months	$794.2M
Union Bankshares Corp Institution	Maria Tedesco CEO	0.45% $23.7M	0.14% 74.4K shares	Q3 2021 Held for 4y 2m	$5.3B