Hanover Insurance
THG
348 hedge funds and large institutions have $4.27B invested in Hanover Insurance in 2024 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 119 increasing their positions, 118 reducing their positions, and 38 closing their positions.
181% more call options, than puts
Call options by funds: $613K | Put options by funds: $218K
21% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 38
12% more capital invested
Capital invested by funds: $3.82B → $4.27B (+$449M)
2% more funds holding
Funds holding: 342 → 348 (+6)
1% more repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 118
0.43% less ownership
Funds ownership: 88% → 87.57% (-0.43%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$50.1M |
| 2 |
SSA
Schonfeld Strategic Advisors
New York
|
+$19.1M |
| 3 |
Goldman Sachs
New York
|
+$18.2M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$16.8M |
| 5 |
LIP
Lighthouse Investment Partners
Palm Beach Gardens,
Florida
|
+$9.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$48.2M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$36.5M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$16.9M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$13.3M |
| 5 |
Renaissance Technologies
New York
|
-$8.82M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EGM
376
Engineers Gate Manager
New York
| – | -$208K | -1,712 | Closed |
|
|
ASN
377
Advisory Services Network
Atlanta,
Georgia
| – | -$93.2K | -768 | Closed |
|
|
LWCFA
378
Loring Wolcott & Coolidge Fiduciary Advisors
Boston,
Massachusetts
| – | -$39.6K | -300 | Closed |
|
|
QL
379
Quarry LP
New York
| – | -$33.8K | -278 | Closed |
|
|
IGWM
380
ICA Group Wealth Management
Denver,
Colorado
| – | -$18.2K | -150 | Closed |
|
|
AAM
381
Advisors Asset Management
Monument,
Colorado
| – | -$11.9K | -98 | Closed |
|
|
TCWA
382
Turtle Creek Wealth Advisors
Dallas,
Texas
| – | -$1.94K | -16 | Closed |
|
|
RFG
383
RFP Financial Group
Atlanta,
Georgia
| – | -$1.82K | -15 | Closed |
|
|
MRCM
384
M&R Capital Management
Summit,
New Jersey
| – | -$1.46K | -12 | Closed |
|
385
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$971 | -8 | Closed |
|
|
GWS
386
Glassman Wealth Services
Vienna,
Virginia
| – | -$729 | -6 | Closed |
|
THG Hedge Fund Activity: Q1 2024 in Review
348 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Hanover Insurance (THG) for Q1 2024, worth a combined $4.27B — up 12% from $3.82B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new THG positions and 38 closed out — a net gain of 8 holders — while 119 added to existing stakes and 118 trimmed.
The largest buyer was T. Rowe Price Investment Management, adding an estimated $50.1M. The largest seller was Morgan Stanley, cutting an estimated $48.2M.
- 348 institutional investors held Hanover Insurance (THG) as of Q1 2024, up from 342 in Q4 2023.
- Funds reported $4.27B of Hanover Insurance stock for Q1 2024, up 12% quarter-over-quarter.
- 46 funds opened new Hanover Insurance positions in Q1 2024 and 38 closed out, a net change of +8 holders.
- The largest Hanover Insurance buyer in Q1 2024 was T. Rowe Price Investment Management, an estimated $50.1M added.
- The largest Hanover Insurance seller in Q1 2024 was Morgan Stanley, an estimated $48.2M sold.
Based on aggregated 13F filings for Q1 2024.