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Hanover Insurance

436 hedge funds and large institutions have $5.6B invested in Hanover Insurance in 2025 Q1 according to their latest regulatory filings, with 77 funds opening new positions, 154 increasing their positions, 129 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

103% more call options, than puts

Call options by funds: $956K | Put options by funds: $470K

93% more first-time investments, than exits

New positions opened: 77 | Existing positions closed: 40

19% more repeat investments, than reductions

Existing positions increased: 154 | Existing positions reduced: 129

14% more capital invested

Capital invested by funds: $4.9B → $5.6B (+$700M)

8% more funds holding

Funds holding: 404436 (+32)

1.62% more ownership

Funds ownership: 88.03%89.65% (+1.6%)

Holders
436
Holders Change
+32
Holders Change %
+7.92%
% of All Funds
5.85%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.01%
New
77
Increased
154
Reduced
129
Closed
40
Calls
$956K
Puts
$470K
Net Calls
+$486K
Net Calls Change
-$2.38M
Name Holding Trade Value Shares
Change
Change in
Stake
Millennium Management
51
Millennium Management
New York
$15.4M +$5.42M +33,495 +61%
SAM
52
Silvercrest Asset Management
New York
$14.7M +$46.5K +287 +0.3%
GAM
53
Gotham Asset Management
New York
$14.4M +$2.48M +15,311 +23%
Principal Financial Group
54
Principal Financial Group
Iowa
$14.4M +$40.8K +252 +0.3%
FGP
55
Freestone Grove Partners
California
$14.3M +$13.3M +82,313 New
Natixis Advisors
56
Natixis Advisors
Massachusetts
$13.7M +$10.9M +67,506 +610%
UBS Group
57
UBS Group
Switzerland
$12.8M +$8.79M +54,299 +280%
Legal & General Group
58
Legal & General Group
United Kingdom
$12.7M +$198K +1,225 +2%
ACA
59
Aptus Capital Advisors
Alabama
$12.3M +$1.3M +8,026 +13%
CIC
60
Crawford Investment Counsel
Georgia
$12.3M -$586K -3,620 -5%
Swiss National Bank
61
Swiss National Bank
Switzerland
$12.1M -$146K -900 -1%
Acadian Asset Management
62
Acadian Asset Management
Massachusetts
$11.7M +$6.51M +40,245 +149%
JP Morgan Chase
63
JP Morgan Chase
New York
$11M -$1.55M -9,589 -13%
N
64
Nuveen
North Carolina
$10.9M -$2.23M -13,806 -18%
Nordea Investment Management
65
Nordea Investment Management
Sweden
$10.7M -$131K -809 -1%
HA
66
Heartland Advisors
Wisconsin
$10.7M -$458K -2,831 -4%
Hotchkis & Wiley Capital Management
67
Hotchkis & Wiley Capital Management
California
$10.4M -$5.49M -33,890 -36%
VOYA Investment Management
68
VOYA Investment Management
Georgia
$10.4M +$4.69M +28,959 +94%
TI
69
Trexquant Investment
Connecticut
$9.58M -$359K -2,218 -4%
NIG
70
NFJ Investment Group
Texas
$9.3M +$1.34M +8,257 +18%
HW
71
Hancock Whitney
Mississippi
$9.11M +$8.48M +52,358 New
TAM
72
Trillium Asset Management
Massachusetts
$8.8M -$180K -1,114 -2%
New York State Teachers Retirement System (NYSTRS)
73
New York State Teachers Retirement System (NYSTRS)
New York
$8.54M -$16.2K -100 -0.2%
SCM
74
Sterling Capital Management
North Carolina
$8.52M +$21.9K +135 +0.3%
Teacher Retirement System of Texas
75
Teacher Retirement System of Texas
Texas
$7.97M -$3.29M -20,334 -31%

THG Hedge Fund Activity: Q1 2025 in Review

436 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Hanover Insurance (THG) for Q1 2025, worth a combined $5.6B — up 14% from $4.9B a quarter earlier.

Buyers outnumbered sellers: 77 funds opened new THG positions and 40 closed out — a net gain of 37 holders — while 154 added to existing stakes and 129 trimmed.

The largest buyer was Vaughan Nelson Investment Management, opening a new position worth an estimated $59.9M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $59.4M.

  • 436 institutional investors held Hanover Insurance (THG) as of Q1 2025, up from 404 in Q4 2024.
  • Funds reported $5.6B of Hanover Insurance stock for Q1 2025, up 14% quarter-over-quarter.
  • 77 funds opened new Hanover Insurance positions in Q1 2025 and 40 closed out, a net change of +37 holders.
  • The largest Hanover Insurance buyer in Q1 2025 was Vaughan Nelson Investment Management, an estimated $59.9M added.
  • The largest Hanover Insurance seller in Q1 2025 was T. Rowe Price Investment Management, an estimated $59.4M sold.

Based on aggregated 13F filings for Q1 2025.