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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.

New
Increased
Maintained
Reduced
Closed

33% more funds holding in top 10

Funds holding in top 10: 34 (+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: 253255 (+2)

1.13% less ownership

Funds ownership: 84.4%83.27% (-1.1%)

Holders
255
Holders Change
+2
Holders Change %
+0.79%
% of All Funds
7.37%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.12%
New
24
Increased
94
Reduced
93
Closed
21
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Dimensional Fund Advisors
1
Dimensional Fund Advisors
Texas
$172M +$7.28M +124,335 +5%
Vanguard Group
2
Vanguard Group
Pennsylvania
$163M +$6.71M +114,713 +5%
GC
3
Guggenheim Capital
Illinois
$162M -$6.03M -103,067 -4%
Wellington Management Group
4
Wellington Management Group
Massachusetts
$92.9M -$45.2M -772,761 -34%
State Street
5
State Street
Massachusetts
$86.8M -$3.13M -53,430 -4%
SB
6
Suntrust Banks
Georgia
$82.2M +$2.59M +44,240 +3%
Franklin Resources
7
Franklin Resources
California
$77.6M -$1.7M -29,115 -2%
BIT
8
BlackRock Institutional Trust
California
$76.2M +$3.29M +56,136 +5%
BFA
9
BlackRock Fund Advisors
California
$71M -$3.8M -64,855 -5%
KAM
10
Keeley Asset Management
Illinois
$64.4M -$800K -13,678 -1%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$50.1M +$18.6M +318,078 +64%
TCP
12
TAMRO Capital Partners
Virginia
$46.6M +$418K +7,147 +1%
CI
13
Cambiar Investors
Colorado
$41.9M -$1.44M -24,582 -3%
Ameriprise
14
Ameriprise
Minnesota
$41.5M -$5.42M -92,674 -12%
LI
15
LMCG Investments
Massachusetts
$34.4M -$3.04M -52,013 -9%
LCP
16
Lombardia Capital Partners
California
$30.8M -$371K -6,337 -1%
CWAM
17
Columbia Wanger Asset Management
Illinois
$30.7M
Comerica Bank
18
Comerica Bank
Texas
$27.4M +$824K +14,084 +3%
Northern Trust
19
Northern Trust
Illinois
$27.3M +$2.57M +43,912 +11%
Federated Hermes
20
Federated Hermes
Pennsylvania
$26.6M +$3.23M +55,130 +15%
Norges Bank
21
Norges Bank
Norway
$24.8M
TSW
22
Thompson Siegel & Walmsley
Virginia
$23.4M +$858K +14,661 +4%
Victory Capital Management
23
Victory Capital Management
Texas
$22.9M -$4.48M -76,478 -17%
FMA
24
Fiduciary Management Associates
Illinois
$22.6M +$7.02K +120 +0%
Principal Financial Group
25
Principal Financial Group
Iowa
$22.6M +$15M +256,543 +230%

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.