Hanover Insurance
432 hedge funds and large institutions have $5.48B invested in Hanover Insurance in 2025 Q2 according to their latest regulatory filings, with 48 funds opening new positions, 170 increasing their positions, 153 reducing their positions, and 49 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 170 | Existing positions reduced: 153
8% more call options, than puts
Call options by funds: $478K | Put options by funds: $442K
0.19% more ownership
Funds ownership: 89.65% → 89.84% (+0.19%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less funds holding
Funds holding: 436 → 432 (-4)
2% less first-time investments, than exits
New positions opened: 48 | Existing positions closed: 49
2% less capital invested
Capital invested by funds: $5.6B → $5.48B (-$124M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$68.8M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$56.8M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$32.2M |
| 4 |
Millennium Management
New York
|
+$21.7M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$86.7M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$55.2M |
| 3 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
-$28.8M |
| 4 |
Lazard Asset Management
New York
|
-$16.8M |
| 5 |
FGP
Freestone Grove Partners
San Francisco,
California
|
-$14.3M |
THG Hedge Fund Activity: Q2 2025 in Review
432 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Hanover Insurance (THG) for Q2 2025, worth a combined $5.48B — down 2.2% from $5.6B a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of THG and 48 opened new positions — a net loss of 1 holder — while 153 trimmed existing stakes and 170 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $68.8M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $86.7M.
- 432 institutional investors held Hanover Insurance (THG) as of Q2 2025, down from 436 in Q1 2025.
- Funds reported $5.48B of Hanover Insurance stock for Q2 2025, down 2.2% quarter-over-quarter.
- 48 funds opened new Hanover Insurance positions in Q2 2025 and 49 closed out, a net change of -1 holder.
- The largest Hanover Insurance buyer in Q2 2025 was T. Rowe Price Associates, an estimated $68.8M added.
- The largest Hanover Insurance seller in Q2 2025 was T. Rowe Price Investment Management, an estimated $86.7M sold.
Based on aggregated 13F filings for Q2 2025.