Hanover Insurance
THG
299 hedge funds and large institutions have $3.04B invested in Hanover Insurance in 2016 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 115 increasing their positions, 95 reducing their positions, and 18 closing their positions.
156% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 18
21% more repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 95
9% more funds holding
Funds holding: 275 → 299 (+24)
0.55% less ownership
Funds ownership: 84.19% → 83.64% (-0.55%)
5% less capital invested
Capital invested by funds: $3.2B → $3.04B (-$165M)
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS AM
Chicago,
Illinois
|
+$20.3M |
| 2 |
MFIMFI
Mesirow Financial Investment Management - Fixed Income
Chicago,
Illinois
|
+$20.2M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$13.7M |
| 4 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$9.69M |
| 5 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$8.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$35.1M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$34.2M |
| 3 |
KAM
Keeley Asset Management
Chicago,
Illinois
|
-$29M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$14.6M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$10.3M |
THG Hedge Fund Activity: Q2 2016 in Review
299 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Hanover Insurance (THG) for Q2 2016, worth a combined $3.04B — down 5.2% from $3.2B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new THG positions and 18 closed out — a net gain of 28 holders — while 115 added to existing stakes and 95 trimmed.
The largest buyer was UBS AM, adding an estimated $20.3M. The largest seller was Wellington Management Group, cutting an estimated $35.1M.
- 299 institutional investors held Hanover Insurance (THG) as of Q2 2016, up from 275 in Q1 2016.
- Funds reported $3.04B of Hanover Insurance stock for Q2 2016, down 5.2% quarter-over-quarter.
- 46 funds opened new Hanover Insurance positions in Q2 2016 and 18 closed out, a net change of +28 holders.
- The largest Hanover Insurance buyer in Q2 2016 was UBS AM, an estimated $20.3M added.
- The largest Hanover Insurance seller in Q2 2016 was Wellington Management Group, an estimated $35.1M sold.
Based on aggregated 13F filings for Q2 2016.