Hanover Insurance
333 hedge funds and large institutions have $3.63B invested in Hanover Insurance in 2020 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 89 increasing their positions, 143 reducing their positions, and 42 closing their positions.
162% more call options, than puts
Call options by funds: $946K | Put options by funds: $361K
22% more capital invested
Capital invested by funds: $2.98B → $3.63B (+$656M)
5% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 42
1.53% less ownership
Funds ownership: 85.14% → 83.61% (-1.5%)
2% less funds holding
Funds holding: 339 → 333 (-6)
38% less repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 143
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
+$29M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$12M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$11.7M |
| 4 |
Lazard Asset Management
New York
|
+$8.57M |
| 5 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
+$8.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$20.2M |
| 2 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$16.9M |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
-$16.9M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$16.7M |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$12.3M |
THG Hedge Fund Activity: Q4 2020 in Review
333 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Hanover Insurance (THG) for Q4 2020, worth a combined $3.63B — up 22% from $2.98B a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of THG and 40 opened new positions — a net loss of 2 holders — while 143 trimmed existing stakes and 89 added.
The largest buyer was Brown Advisory, opening a new position worth an estimated $29M. The largest seller was AJO LP, cutting an estimated $20.2M.
- 333 institutional investors held Hanover Insurance (THG) as of Q4 2020, down from 339 in Q3 2020.
- Funds reported $3.63B of Hanover Insurance stock for Q4 2020, up 22% quarter-over-quarter.
- 40 funds opened new Hanover Insurance positions in Q4 2020 and 42 closed out, a net change of -2 holders.
- The largest Hanover Insurance buyer in Q4 2020 was Brown Advisory, an estimated $29M added.
- The largest Hanover Insurance seller in Q4 2020 was AJO LP, an estimated $20.2M sold.
Based on aggregated 13F filings for Q4 2020.