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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
Teacher Retirement System of Texas
76
Teacher Retirement System of Texas
Texas
$8.73M +$39.9K +233 +0.5%
HAI
77
Hennessy Advisors Inc
California
$8.7M -$651K -3,800 -7%
BA
78
Bridgewater Associates
Connecticut
$8.44M +$987K +5,755 +14%
GC
79
Gillson Capital
Illinois
$8.36M +$5.74M +33,506 +268%
HCM
80
Hodges Capital Management
Texas
$8.33M +$969K +5,650 +14%
NEI
81
Northwest & Ethical Investments
Ontario, Canada
$8M
CAM
82
Congress Asset Management
Massachusetts
$7.94M -$82.8K -483 -1%
Retirement Systems of Alabama
83
Retirement Systems of Alabama
Alabama
$7.86M -$111K -647 -1%
HA
84
Heartland Advisors
Wisconsin
$7.79M -$904K -5,273 -11%
IC
85
IEQ Capital
California
$7.73M +$3.89M +22,698 +114%
TAM
86
Trillium Asset Management
Massachusetts
$6.86M -$1.79M -10,465 -22%
Raymond James Financial
87
Raymond James Financial
Florida
$6.76M +$73.2K +427 +1%
SSA
88
Schonfeld Strategic Advisors
New York
$6.45M +$2.57M +14,981 +73%
Amundi
89
Amundi
France
$6.09M +$5.66M +33,010 New
California State Teachers Retirement System (CalSTRS)
90
California State Teachers Retirement System (CalSTRS)
California
$6.04M +$343 +2 +0%
SCM
91
Sterling Capital Management
North Carolina
$5.72M -$3.51M -20,478 -39%
WAM
92
Weiss Asset Management
Massachusetts
$5.7M +$5.38M +31,407 New
NAAA
93
New Age Alpha Advisors
New York
$5.67M -$147K -856 -3%
Two Sigma Investments
94
Two Sigma Investments
New York
$5.63M +$3.32M +19,347 +166%
PCM
95
Peregrine Capital Management
Minnesota
$5.24M -$14.9K -87 -0.3%
Manulife (Manufacturers Life Insurance)
96
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$4.83M -$176K -1,025 -4%
Boston Partners
97
Boston Partners
Massachusetts
$4.8M -$1.45M -8,482 -24%
Pathstone Holdings
98
Pathstone Holdings
New Jersey
$4.64M -$62.1K -362 -1%
BNP Paribas Asset Management
99
BNP Paribas Asset Management
France
$4.5M
Creative Planning
100
Creative Planning
Kansas
$4.41M +$979K +5,711 +31%

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.