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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
SOMRS
176
State of Michigan Retirement System
Michigan
$1.55M -$17.1K -100 -1%
CAPTRUST Financial Advisors
177
CAPTRUST Financial Advisors
North Carolina
$1.54M +$393K +2,292 +37%
HFS
178
Hantz Financial Services
Michigan
$1.48M -$2.03M -11,857 -59%
Osaic Holdings
179
Osaic Holdings
Arizona
$1.48M +$247K +1,440 +21%
Man Group
180
Man Group
United Kingdom
$1.47M -$206K -1,203 -13%
NMIMC
181
Northwestern Mutual Investment Management Company
Wisconsin
$1.45M -$7.89K -46 -0.6%
Mercer Global Advisors
182
Mercer Global Advisors
Colorado
$1.43M +$278K +1,619 +26%
OTL
183
Oak Thistle LLC
New York
$1.4M +$1.32M +7,713 New
DM
184
Delphi Management
Massachusetts
$1.4M +$171 +1 +0%
Envestnet Portfolio Solutions
185
Envestnet Portfolio Solutions
Illinois
$1.35M -$149K -871 -11%
NMERB
186
New Mexico Educational Retirement Board
New Mexico
$1.33M
OPERF
187
Oregon Public Employees Retirement Fund
Oregon
$1.31M -$27.3K -159 -2%
Squarepoint
188
Squarepoint
New York
$1.27M +$1.2M +7,014 New
TA
189
Tectonic Advisors
Texas
$1.26M +$81.9K +478 +7%
Pacer Advisors
190
Pacer Advisors
Pennsylvania
$1.23M +$1.16M +6,782 New
Mackenzie Financial
191
Mackenzie Financial
Ontario, Canada
$1.23M +$64.6K +377 +6%
AIP
192
Ameritas Investment Partners
Nebraska
$1.22M -$45.9K -268 -4%
VPIM
193
Vanguard Personalized Indexing Management
California
$1.21M +$67.5K +394 +6%
SC
194
SummitTX Capital
Texas
$1.2M -$118K -686 -9%
C
195
Croban
Ohio
$1.19M +$1.12M +6,540 New
QCG
196
Quadrant Capital Group
Ohio
$1.19M +$105K +613 +10%
CIBC Private Wealth Group
197
CIBC Private Wealth Group
Georgia
$1.18M -$29.8K -174 -3%
Cetera Investment Advisers
198
Cetera Investment Advisers
Illinois
$1.15M +$123K +719 +13%
PAS
199
Park Avenue Securities
New York
$1.15M +$101K +591 +10%
Ensign Peak Advisors
200
Ensign Peak Advisors
Utah
$1.09M -$489K -2,850 -32%

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.