Hanover Insurance
277 hedge funds and large institutions have $3.26B invested in Hanover Insurance in 2017 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 97 increasing their positions, 101 reducing their positions, and 33 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
1.86% more ownership
Funds ownership: 83.36% → 85.22% (+1.9%)
1% more capital invested
Capital invested by funds: $3.23B → $3.26B (+$35.4M)
4% less repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 101
4% less funds holding
Funds holding: 289 → 277 (-12)
12% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$306M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$45.1M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$30.9M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$22.3M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$21.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
-$23.8M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$23.4M |
| 3 |
Millennium Management
New York
|
-$21.2M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$15.9M |
| 5 |
WI
WBI Investments
Red Bank,
New Jersey
|
-$8.97M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
301
Squarepoint
New York
| – | -$269K | -2,959 | Closed |
|
302
Lazard Asset Management
New York
| – | -$145K | -1,598 | Closed |
|
|
NIT
303
NumerixS Investment Technologies
Vancouver,
British Columbia, Canada
| – | -$137K | -1,500 | Closed |
|
304
Nomura Asset Management
Tokyo,
Japan
| – | -$83K | -910 | Closed |
|
|
IWA
305
IBEX Wealth Advisors
Bedminster,
New Jersey
| – | -$42K | -503 | Closed |
|
|
ECM
306
Estabrook Capital Management
New York
| – | -$38.4K | -422 | Closed |
|
|
GBBWRPM
307
Genovese Burford & Brothers Wealth & Retirement Plan Management
Sacramento,
California
| – | -$17K | -178 | Closed |
|
|
HIM
308
Hillsdale Investment Management
Toronto,
Ontario, Canada
| – | -$9K | -100 | Closed |
|
309
EARNEST Partners
Atlanta,
Georgia
| – | -$1K | -11 | Closed |
|
|
GWM
310
Geneos Wealth Management
Englewood,
Colorado
| – | -$1K | -11 | Closed |
|
THG Hedge Fund Activity: Q1 2017 in Review
277 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Hanover Insurance (THG) for Q1 2017, worth a combined $3.26B — up 1.1% from $3.23B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of THG and 29 opened new positions — a net loss of 4 holders — while 101 trimmed existing stakes and 97 added.
The largest buyer was BlackRock, adding an estimated $306M. The largest seller was Marshall Wace, exiting entirely with an estimated $23.8M sold.
- 277 institutional investors held Hanover Insurance (THG) as of Q1 2017, down from 289 in Q4 2016.
- Funds reported $3.26B of Hanover Insurance stock for Q1 2017, up 1.1% quarter-over-quarter.
- 29 funds opened new Hanover Insurance positions in Q1 2017 and 33 closed out, a net change of -4 holders.
- The largest Hanover Insurance buyer in Q1 2017 was BlackRock, an estimated $306M added.
- The largest Hanover Insurance seller in Q1 2017 was Marshall Wace, an estimated $23.8M sold.
Based on aggregated 13F filings for Q1 2017.