Hanover Insurance
THG
289 hedge funds and large institutions have $3.23B invested in Hanover Insurance in 2016 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 89 increasing their positions, 113 reducing their positions, and 32 closing their positions.
31% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 32
22% more capital invested
Capital invested by funds: $2.63B → $3.23B (+$592M)
2% more funds holding
Funds holding: 284 → 289 (+5)
1.2% more ownership
Funds ownership: 82.15% → 83.36% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
21% less repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 113
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$23.6M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$22.7M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$21.8M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
+$17.6M |
| 5 |
Millennium Management
New York
|
+$16.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$28.3M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$23.8M |
| 3 |
UBS AM
Chicago,
Illinois
|
-$22.5M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$20.4M |
| 5 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
-$19.1M |
THG Hedge Fund Activity: Q4 2016 in Review
289 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Hanover Insurance (THG) for Q4 2016, worth a combined $3.23B — up 22% from $2.63B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new THG positions and 32 closed out — a net gain of 10 holders — while 89 added to existing stakes and 113 trimmed.
The largest buyer was AJO LP, adding an estimated $23.6M. The largest seller was Hennessy Advisors Inc, exiting entirely with an estimated $28.3M sold.
- 289 institutional investors held Hanover Insurance (THG) as of Q4 2016, up from 284 in Q3 2016.
- Funds reported $3.23B of Hanover Insurance stock for Q4 2016, up 22% quarter-over-quarter.
- 42 funds opened new Hanover Insurance positions in Q4 2016 and 32 closed out, a net change of +10 holders.
- The largest Hanover Insurance buyer in Q4 2016 was AJO LP, an estimated $23.6M added.
- The largest Hanover Insurance seller in Q4 2016 was Hennessy Advisors Inc, an estimated $28.3M sold.
Based on aggregated 13F filings for Q4 2016.