Hanover Insurance
THG
253 hedge funds and large institutions have $2.21B invested in Hanover Insurance in 2013 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 96 increasing their positions, 83 reducing their positions, and 14 closing their positions.
136% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 14
16% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 83
10% more capital invested
Capital invested by funds: $2.02B → $2.21B (+$195M)
8% more funds holding
Funds holding: 235 → 253 (+18)
1.17% more ownership
Funds ownership: 83.23% → 84.4% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$10.7M |
| 2 |
TCP
TAMRO Capital Partners
Alexandria,
Virginia
|
+$10.6M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.29M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$6.95M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$6.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$37.1M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$18.1M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$9.18M |
| 4 |
CI
Cambiar Investors
Denver,
Colorado
|
-$7.6M |
| 5 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$4.49M |
THG Hedge Fund Activity: Q4 2013 in Review
253 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Hanover Insurance (THG) for Q4 2013, worth a combined $2.21B — up 9.7% from $2.02B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new THG positions and 14 closed out — a net gain of 19 holders — while 96 added to existing stakes and 83 trimmed.
The largest buyer was AJO LP, opening a new position worth an estimated $10.7M. The largest seller was Wellington Management Group, cutting an estimated $37.1M.
- 253 institutional investors held Hanover Insurance (THG) as of Q4 2013, up from 235 in Q3 2013.
- Funds reported $2.21B of Hanover Insurance stock for Q4 2013, up 9.7% quarter-over-quarter.
- 33 funds opened new Hanover Insurance positions in Q4 2013 and 14 closed out, a net change of +19 holders.
- The largest Hanover Insurance buyer in Q4 2013 was AJO LP, an estimated $10.7M added.
- The largest Hanover Insurance seller in Q4 2013 was Wellington Management Group, an estimated $37.1M sold.
Based on aggregated 13F filings for Q4 2013.