Hanover Insurance
THG
276 hedge funds and large institutions have $3.51B invested in Hanover Insurance in 2017 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 75 increasing their positions, 117 reducing their positions, and 21 closing their positions.
62% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 21
9% more capital invested
Capital invested by funds: $3.22B → $3.51B (+$297M)
4% more funds holding
Funds holding: 266 → 276 (+10)
0.22% more ownership
Funds ownership: 85.26% → 85.48% (+0.22%)
36% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 117
88% less call options, than puts
Call options by funds: $184K | Put options by funds: $1.48M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pzena Investment Management
New York
|
+$71M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$55.5M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$54.4M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$20.4M |
| 5 |
MFIMFI
Mesirow Financial Investment Management - Fixed Income
Chicago,
Illinois
|
+$18.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$43.3M |
| 2 |
Millennium Management
New York
|
-$38.4M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$20M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$17.1M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$16.4M |
THG Hedge Fund Activity: Q3 2017 in Review
276 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Hanover Insurance (THG) for Q3 2017, worth a combined $3.51B — up 9.2% from $3.22B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new THG positions and 21 closed out — a net gain of 13 holders — while 75 added to existing stakes and 117 trimmed.
The largest buyer was Pzena Investment Management, opening a new position worth an estimated $71M. The largest seller was LSV Asset Management, cutting an estimated $43.3M.
- 276 institutional investors held Hanover Insurance (THG) as of Q3 2017, up from 266 in Q2 2017.
- Funds reported $3.51B of Hanover Insurance stock for Q3 2017, up 9.2% quarter-over-quarter.
- 34 funds opened new Hanover Insurance positions in Q3 2017 and 21 closed out, a net change of +13 holders.
- The largest Hanover Insurance buyer in Q3 2017 was Pzena Investment Management, an estimated $71M added.
- The largest Hanover Insurance seller in Q3 2017 was LSV Asset Management, an estimated $43.3M sold.
Based on aggregated 13F filings for Q3 2017.