Hanover Insurance
261 hedge funds and large institutions have $2.71B invested in Hanover Insurance in 2014 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 75 increasing their positions, 103 reducing their positions, and 17 closing their positions.
65% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 17
18% more capital invested
Capital invested by funds: $2.3B → $2.71B (+$408M)
2% more funds holding
Funds holding: 255 → 261 (+6)
1.41% more ownership
Funds ownership: 84.53% → 85.94% (+1.4%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
27% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 103
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$93.2M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$31.2M |
| 3 |
Comerica Bank
Dallas,
Texas
|
+$29M |
| 4 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$19.5M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$13.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$63.6M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
-$20.2M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$13.3M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$10.8M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$10.1M |
THG Hedge Fund Activity: Q4 2014 in Review
261 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Hanover Insurance (THG) for Q4 2014, worth a combined $2.71B — up 18% from $2.3B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new THG positions and 17 closed out — a net gain of 11 holders — while 75 added to existing stakes and 103 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $93.2M. The largest seller was Guggenheim Capital, cutting an estimated $63.6M.
- 261 institutional investors held Hanover Insurance (THG) as of Q4 2014, up from 255 in Q3 2014.
- Funds reported $2.71B of Hanover Insurance stock for Q4 2014, up 18% quarter-over-quarter.
- 28 funds opened new Hanover Insurance positions in Q4 2014 and 17 closed out, a net change of +11 holders.
- The largest Hanover Insurance buyer in Q4 2014 was AllianceBernstein, an estimated $93.2M added.
- The largest Hanover Insurance seller in Q4 2014 was Guggenheim Capital, an estimated $63.6M sold.
Based on aggregated 13F filings for Q4 2014.