Hanover Insurance
277 hedge funds and large institutions have $2.99B invested in Hanover Insurance in 2015 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 89 increasing their positions, 105 reducing their positions, and 31 closing their positions.
26% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 31
2% more funds holding
Funds holding: 271 → 277 (+6)
1.11% more ownership
Funds ownership: 84.3% → 85.41% (+1.1%)
4% more capital invested
Capital invested by funds: $2.89B → $2.99B (+$106M)
15% less repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 105
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$37.8M |
| 2 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$33.4M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$29.8M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$21.8M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$19.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$26.5M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$20.5M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$12.8M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$11.8M |
| 5 |
DVM
Dreman Value Management
West Palm Beach,
Florida
|
-$11.5M |
THG Hedge Fund Activity: Q4 2015 in Review
277 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Hanover Insurance (THG) for Q4 2015, worth a combined $2.99B — up 3.7% from $2.89B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new THG positions and 31 closed out — a net gain of 8 holders — while 89 added to existing stakes and 105 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $37.8M. The largest seller was AllianceBernstein, cutting an estimated $26.5M.
- 277 institutional investors held Hanover Insurance (THG) as of Q4 2015, up from 271 in Q3 2015.
- Funds reported $2.99B of Hanover Insurance stock for Q4 2015, up 3.7% quarter-over-quarter.
- 39 funds opened new Hanover Insurance positions in Q4 2015 and 31 closed out, a net change of +8 holders.
- The largest Hanover Insurance buyer in Q4 2015 was Royal Bank of Canada, an estimated $37.8M added.
- The largest Hanover Insurance seller in Q4 2015 was AllianceBernstein, an estimated $26.5M sold.
Based on aggregated 13F filings for Q4 2015.