Hanover Insurance
275 hedge funds and large institutions have $3.2B invested in Hanover Insurance in 2016 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 86 increasing their positions, 119 reducing their positions, and 32 closing their positions.
535% more call options, than puts
Call options by funds: $1.95M | Put options by funds: $307K
7% more capital invested
Capital invested by funds: $2.99B → $3.2B (+$207M)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
1% less funds holding
Funds holding: 277 → 275 (-2)
6% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 32
1.22% less ownership
Funds ownership: 85.41% → 84.19% (-1.2%)
28% less repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 119
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$24.8M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$17.5M |
| 3 |
DVM
Dreman Value Management
West Palm Beach,
Florida
|
+$8.77M |
| 4 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$6.74M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$6.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$14.7M |
| 2 |
WIM
Waverton Investment Management
London,
United Kingdom
|
-$10.2M |
| 3 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
-$9.64M |
| 4 |
Morgan Stanley
New York
|
-$8.93M |
| 5 |
KAM
Keeley Asset Management
Chicago,
Illinois
|
-$8.34M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NYLT
301
New York Life Trust
New York
| – | -$14K | -176 | Closed |
|
|
HMS
302
Hanseatic Management Services
Albuquerque,
New Mexico
| – | -$12K | -146 | Closed |
|
|
CG
303
Cutler Group
San Francisco,
California
| – | -$8K | -107 | Closed |
|
|
PHK
304
Point72 Hong Kong
Hong Kong
| – | -$8K | -100 | Closed |
|
305
Bessemer Group
Woodbridge,
New Jersey
| – | -$6K | -75 | Closed |
|
|
LWA
306
Lenox Wealth Advisors
New York
| – | -$2K | -23 | Closed |
|
THG Hedge Fund Activity: Q1 2016 in Review
275 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Hanover Insurance (THG) for Q1 2016, worth a combined $3.2B — up 6.9% from $2.99B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of THG and 30 opened new positions — a net loss of 2 holders — while 119 trimmed existing stakes and 86 added.
The largest buyer was Vanguard Group, adding an estimated $24.8M. The largest seller was Royal Bank of Canada, cutting an estimated $14.7M.
- 275 institutional investors held Hanover Insurance (THG) as of Q1 2016, down from 277 in Q4 2015.
- Funds reported $3.2B of Hanover Insurance stock for Q1 2016, up 6.9% quarter-over-quarter.
- 30 funds opened new Hanover Insurance positions in Q1 2016 and 32 closed out, a net change of -2 holders.
- The largest Hanover Insurance buyer in Q1 2016 was Vanguard Group, an estimated $24.8M added.
- The largest Hanover Insurance seller in Q1 2016 was Royal Bank of Canada, an estimated $14.7M sold.
Based on aggregated 13F filings for Q1 2016.