Hanover Insurance
255 hedge funds and large institutions have $2.25B invested in Hanover Insurance in 2014 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 94 increasing their positions, 93 reducing their positions, and 21 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
14% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 21
2% more capital invested
Capital invested by funds: $2.21B → $2.25B (+$35.2M)
1% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 93
1% more funds holding
Funds holding: 253 → 255 (+2)
1.13% less ownership
Funds ownership: 84.4% → 83.27% (-1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$18.6M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
+$15M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$7.33M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$7.28M |
| 5 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$6.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$45.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$32M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$7.35M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$6.03M |
| 5 |
LMGAM
Liberty Mutual Group Asset Management
Boston,
Massachusetts
|
-$5.94M |
THG Hedge Fund Activity: Q1 2014 in Review
255 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Hanover Insurance (THG) for Q1 2014, worth a combined $2.25B — up 1.6% from $2.21B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new THG positions and 21 closed out — a net gain of 3 holders — while 94 added to existing stakes and 93 trimmed.
The largest buyer was Bank of New York Mellon, adding an estimated $18.6M. The largest seller was Wellington Management Group, cutting an estimated $45.2M.
- 255 institutional investors held Hanover Insurance (THG) as of Q1 2014, up from 253 in Q4 2013.
- Funds reported $2.25B of Hanover Insurance stock for Q1 2014, up 1.6% quarter-over-quarter.
- 24 funds opened new Hanover Insurance positions in Q1 2014 and 21 closed out, a net change of +3 holders.
- The largest Hanover Insurance buyer in Q1 2014 was Bank of New York Mellon, an estimated $18.6M added.
- The largest Hanover Insurance seller in Q1 2014 was Wellington Management Group, an estimated $45.2M sold.
Based on aggregated 13F filings for Q1 2014.