Erie Indemnity Company

ERIERank #212 of 316

Reference Jun 30, 2026 close implied by Form 13F filings

Circulating market cap

$11.07B

Upper bound: lock-ups and restricted stock not reviewed yet.

Traditional market cap: $12.54B
Fully diluted value: n/a
Free float market cap: -
Gap to traditional: $1.46B (11.7%)

Circulating supply46.19M / 52.29M

Free float
Locked team
Other restricted

Circulating: 46.19M · 88.3%
Free float: -
Locked team: n/r
Other restricted: 6.10M · 11.7%
Total outstanding: 52,289,868

Lock-ups and restricted stock for this company have not been reviewed yet. Only unlisted share classes are excluded, so circulating supply is an upper bound.

Supply breakdown

Shares as of Oct 23, 2026

Circulating88.3%46.19M shares

Category	Shares	%	Value	Status
Circulating	46.19M	88.3%	$11.07B	Estimated
Free float	-	-	-	Unavailable
Insider-held, unrestricted	-	-	-	Unavailable
Locked team funds	-	-	-	Unavailable
Other restricted (unlisted classes only)	6.10M	11.7%	$1.46B	Estimated
Total outstanding	52.29M	100.0%	$12.54B	Derived
Ownership views (overlap the categories above, never added)
Institutional holdings (13F)	20.90M	40.0%	$5.01B	Estimated
Insider-held, all (Forms 3, 4, 5)	-	-	-	Unavailable

Institutional and insider holdings can include both tradable and locked shares, so they are shown for reference and never added to the total. Check: no class has more shares deducted than it has outstanding, and the review found no shares that may be counted twice: reconciles.

Valuation

Traditional$12.54B
Fully diluted-
Circulating$11.07B
Free float-
Locked team value$0
Other restricted value$1.46B

Locked and restricted shares

1 item

Class B (not listed on any exchange)

6,100,800 shares

11.7% of total · $1.46B

Class B shares are not listed on any exchange and cannot be traded as they are. A holder must first convert them into Class A shares, which can then be sold. FloatCap counts them outside circulating supply until converted. Each Class B share converts into 2,400 Class A shares, so the 2,542 Class B shares count as 6,100,800 Class A equivalents.

Derived10-Q, Cover page: shares outstanding by class; the class has no trading symbolApplied automatically to every unlisted class.

Institutional holders

13F, quarter ended Jun 30, 2026

Holder	Shares	% of total
PNC Financial Services Group, Inc.	4.83M	9.23%
BlackRock, Inc.	1.67M	3.20%
VANGUARD CAPITAL MANAGEMENT LLC	1.64M	3.13%
STATE STREET CORP	1.44M	2.75%
VANGUARD PORTFOLIO MANAGEMENT LLC	1.11M	2.12%
Invesco Ltd.	1.09M	2.09%
GEODE CAPITAL MANAGEMENT, LLC	899.5K	1.72%
CHARLES SCHWAB INVESTMENT MANAGEMENT INC	856.0K	1.64%
ProShare Advisors LLC	641.4K	1.23%
BANK OF AMERICA CORP /DE/	526.3K	1.01%

Sum of long share positions in Form 13F reports for the quarter. 13F covers managers with over $100M in US equities; some positions are reported by more than one filer.

Insiders

Forms 3, 4 and 5

Form 4 aggregation pending

Share classes

Class	Listing	Shares outstanding	As of
Class A	ERIE on Nasdaq	46,189,068	Oct 23, 2026
Class BEach Class B share converts into 2,400 Class A shares, so the 2,542 Class B shares count as 6,100,800 Class A equivalents.	Not listed (valued at ERIE)	2,542= 6,100,800 Class A equivalents	Oct 23, 2026

Notes and sources

Class B shares are counted in Class A equivalents (2,400 each), so total outstanding and every percentage on this page are in Class A shares. Lock-ups and restricted stock have not been reviewed.

ERIE INDEMNITY CO 10-Q for period ended 2026-09-30, Cover page (0001628280-26-068274)
ERIE INDEMNITY CO 10-Q for period ended 2026-09-30, Cover page: shares outstanding by class; the class has no trading symbol (0001628280-26-068274)
SEC public float (non-affiliates): $8.70B as of Jun 30, 2025, from the 10-K cover. It is a dollar value at a past date, not circulating supply.