Hanover Insurance
342 hedge funds and large institutions have $4.59B invested in Hanover Insurance in 2019 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 94 increasing their positions, 139 reducing their positions, and 23 closing their positions.
70% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 23
5% more funds holding
Funds holding: 326 → 342 (+16)
3% more capital invested
Capital invested by funds: $4.47B → $4.59B (+$120M)
0.02% more ownership
Funds ownership: 85.75% → 85.77% (+0.02%)
32% less repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 139
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$20.1M |
| 2 |
WG
Winton Group
London,
United Kingdom
|
+$16.4M |
| 3 |
Bank of New York Mellon
New York
|
+$15.9M |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$13.4M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$11.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$32.2M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$27.7M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$26.5M |
| 4 |
BlackRock
New York
|
-$22.4M |
| 5 |
Renaissance Technologies
New York
|
-$19.3M |
THG Hedge Fund Activity: Q3 2019 in Review
342 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Hanover Insurance (THG) for Q3 2019, worth a combined $4.59B — up 2.7% from $4.47B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new THG positions and 23 closed out — a net gain of 16 holders — while 94 added to existing stakes and 139 trimmed.
The largest buyer was Millennium Management, adding an estimated $20.1M. The largest seller was First Trust Advisors, cutting an estimated $32.2M.
- 342 institutional investors held Hanover Insurance (THG) as of Q3 2019, up from 326 in Q2 2019.
- Funds reported $4.59B of Hanover Insurance stock for Q3 2019, up 2.7% quarter-over-quarter.
- 39 funds opened new Hanover Insurance positions in Q3 2019 and 23 closed out, a net change of +16 holders.
- The largest Hanover Insurance buyer in Q3 2019 was Millennium Management, an estimated $20.1M added.
- The largest Hanover Insurance seller in Q3 2019 was First Trust Advisors, an estimated $32.2M sold.
Based on aggregated 13F filings for Q3 2019.