Hanover Insurance
THG
255 hedge funds and large institutions have $2.3B invested in Hanover Insurance in 2014 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 92 increasing their positions, 94 reducing their positions, and 22 closing their positions.
18% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 22
1% more funds holding
Funds holding: 253 → 255 (+2)
0.47% more ownership
Funds ownership: 84.06% → 84.53% (+0.47%)
2% less capital invested
Capital invested by funds: $2.35B → $2.3B (-$48M)
2% less repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 94
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DIA
Denver Investment Advisors
Denver,
Colorado
|
+$25.2M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$24.8M |
| 3 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$19.6M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$18M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$11.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cambiar Investors
Denver,
Colorado
|
-$44.6M |
| 2 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$31.6M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$25M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$15.3M |
| 5 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$15M |
THG Hedge Fund Activity: Q3 2014 in Review
255 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Hanover Insurance (THG) for Q3 2014, worth a combined $2.3B — down 2% from $2.35B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new THG positions and 22 closed out — a net gain of 4 holders — while 92 added to existing stakes and 94 trimmed.
The largest buyer was Denver Investment Advisors, opening a new position worth an estimated $25.2M. The largest seller was Cambiar Investors, exiting entirely with an estimated $44.6M sold.
- 255 institutional investors held Hanover Insurance (THG) as of Q3 2014, up from 253 in Q2 2014.
- Funds reported $2.3B of Hanover Insurance stock for Q3 2014, down 2% quarter-over-quarter.
- 26 funds opened new Hanover Insurance positions in Q3 2014 and 22 closed out, a net change of +4 holders.
- The largest Hanover Insurance buyer in Q3 2014 was Denver Investment Advisors, an estimated $25.2M added.
- The largest Hanover Insurance seller in Q3 2014 was Cambiar Investors, an estimated $44.6M sold.
Based on aggregated 13F filings for Q3 2014.