Hanover Insurance
348 hedge funds and large institutions have $3.97B invested in Hanover Insurance in 2023 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 131 increasing their positions, 120 reducing their positions, and 32 closing their positions.
9% more repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 120
0.5% less ownership
Funds ownership: 87.22% → 86.72% (-0.5%)
3% less capital invested
Capital invested by funds: $4.1B → $3.97B (-$131M)
9% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 32
2% less funds holding
Funds holding: 355 → 348 (-7)
48% less call options, than puts
Call options by funds: $141K | Put options by funds: $270K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
+$29.7M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$17.2M |
| 3 |
LI
Leeward Investments
Boston,
Massachusetts
|
+$16.3M |
| 4 |
Millennium Management
New York
|
+$11.8M |
| 5 |
Verition Fund Management
Greenwich,
Connecticut
|
+$7.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$45.3M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$35M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$12.4M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$7.43M |
| 5 |
Morgan Stanley
New York
|
-$6.62M |
THG Hedge Fund Activity: Q1 2023 in Review
348 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Hanover Insurance (THG) for Q1 2023, worth a combined $3.97B — down 3.2% from $4.1B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of THG and 29 opened new positions — a net loss of 3 holders — while 120 trimmed existing stakes and 131 added.
The largest buyer was Boston Trust Walden, opening a new position worth an estimated $29.7M. The largest seller was Wellington Management Group, cutting an estimated $45.3M.
- 348 institutional investors held Hanover Insurance (THG) as of Q1 2023, down from 355 in Q4 2022.
- Funds reported $3.97B of Hanover Insurance stock for Q1 2023, down 3.2% quarter-over-quarter.
- 29 funds opened new Hanover Insurance positions in Q1 2023 and 32 closed out, a net change of -3 holders.
- The largest Hanover Insurance buyer in Q1 2023 was Boston Trust Walden, an estimated $29.7M added.
- The largest Hanover Insurance seller in Q1 2023 was Wellington Management Group, an estimated $45.3M sold.
Based on aggregated 13F filings for Q1 2023.