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Hanover Insurance

459 hedge funds and large institutions have $5.7B invested in Hanover Insurance in 2025 Q3 according to their latest regulatory filings, with 66 funds opening new positions, 173 increasing their positions, 143 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

89% more first-time investments, than exits

New positions opened: 66 | Existing positions closed: 35

21% more repeat investments, than reductions

Existing positions increased: 173 | Existing positions reduced: 143

6% more funds holding

Funds holding: 432459 (+27)

4% more capital invested

Capital invested by funds: $5.48B → $5.7B (+$219M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

2.13% less ownership

Funds ownership: 89.84%87.71% (-2.1%)

41% less call options, than puts

Call options by funds: $5.94M | Put options by funds: $10.1M

Holders
459
Holders Change
+27
Holders Change %
+6.25%
% of All Funds
6.02%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
66
Increased
173
Reduced
143
Closed
35
Calls
$5.94M
Puts
$10.1M
Net Calls
-$4.2M
Net Calls Change
-$4.24M
Name Holding Trade Value Shares
Change
Change in
Stake
LI
51
Leeward Investments
Massachusetts
$17.3M -$367K -2,143 -2%
UBS Group
52
UBS Group
Switzerland
$17.1M +$3.27M +19,084 +25%
ACA
53
Aptus Capital Advisors
Alabama
$16.2M +$2M +11,666 +15%
SAM
54
Silvercrest Asset Management
New York
$14.6M +$102K +595 +0.7%
JP Morgan Chase
55
JP Morgan Chase
New York
$14.6M +$269K +1,568 +2%
Principal Financial Group
56
Principal Financial Group
Iowa
$14.4M -$337K -1,963 -2%
T. Rowe Price Investment Management
57
T. Rowe Price Investment Management
Maryland
$14.1M -$21.2M -123,925 -61%
MAM
58
Martingale Asset Management
Massachusetts
$14.1M +$972K +5,669 +8%
Legal & General Group
59
Legal & General Group
United Kingdom
$12.9M -$721K -4,205 -6%
QCM
60
Quantinno Capital Management
New York
$12.9M +$3.2M +18,648 +36%
Swiss National Bank
61
Swiss National Bank
Switzerland
$12.6M +$137K +800 +1%
CCM
62
Channing Capital Management
Illinois
$12.5M +$4.99M +29,106 +74%
FCM
63
FJ Capital Management
Virginia
$12M +$6.56M +38,294 +139%
Nordea Investment Management
64
Nordea Investment Management
Sweden
$11.6M +$526K +3,068 +5%
SEI Investments
65
SEI Investments
Pennsylvania
$11.4M -$31.5K -184 -0.3%
VOYA Investment Management
66
VOYA Investment Management
Georgia
$11.4M -$1.75M -10,217 -14%
Acadian Asset Management
67
Acadian Asset Management
Massachusetts
$11.1M -$2.19M -12,750 -17%
CIC
68
Crawford Investment Counsel
Georgia
$10.9M -$439K -2,563 -4%
Barclays
69
Barclays
United Kingdom
$10.7M +$4.26M +24,849 +73%
Hotchkis & Wiley Capital Management
70
Hotchkis & Wiley Capital Management
California
$10.1M -$3.1M -18,100 -25%
HW
71
Hancock Whitney
Mississippi
$10M -$222K -1,297 -2%
New York State Teachers Retirement System (NYSTRS)
72
New York State Teachers Retirement System (NYSTRS)
New York
$9.6M +$49.2K +287 +0.5%
FGP
73
Freestone Grove Partners
California
$9.18M +$8.66M +50,530 New
TI
74
Trexquant Investment
Connecticut
$8.96M +$4.16M +24,274 +97%
N
75
Nuveen
North Carolina
$8.95M -$2.91K -17 -0%

THG Hedge Fund Activity: Q3 2025 in Review

459 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Hanover Insurance (THG) for Q3 2025, worth a combined $5.7B — up 4% from $5.48B a quarter earlier.

Buyers outnumbered sellers: 66 funds opened new THG positions and 35 closed out — a net gain of 31 holders — while 173 added to existing stakes and 143 trimmed.

The largest buyer was AQR Capital Management, adding an estimated $35.9M. The largest seller was Franklin Resources, cutting an estimated $89.5M.

  • 459 institutional investors held Hanover Insurance (THG) as of Q3 2025, up from 432 in Q2 2025.
  • Funds reported $5.7B of Hanover Insurance stock for Q3 2025, up 4% quarter-over-quarter.
  • 66 funds opened new Hanover Insurance positions in Q3 2025 and 35 closed out, a net change of +31 holders.
  • The largest Hanover Insurance buyer in Q3 2025 was AQR Capital Management, an estimated $35.9M added.
  • The largest Hanover Insurance seller in Q3 2025 was Franklin Resources, an estimated $89.5M sold.

Based on aggregated 13F filings for Q3 2025.