Hanover Insurance
271 hedge funds and large institutions have $2.89B invested in Hanover Insurance in 2015 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 88 increasing their positions, 103 reducing their positions, and 23 closing their positions.
65% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 23
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
5% more funds holding
Funds holding: 257 → 271 (+14)
3% more capital invested
Capital invested by funds: $2.8B → $2.89B (+$95.4M)
1.19% less ownership
Funds ownership: 85.49% → 84.3% (-1.2%)
15% less repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 103
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$23.9M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$18.6M |
| 3 |
HW
Hancock Whitney
Gulfport,
Mississippi
|
+$18.3M |
| 4 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
+$17M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$16.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Comerica Bank
Dallas,
Texas
|
-$56.1M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$37.6M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$31.1M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$21.9M |
| 5 |
William Blair & Company
Chicago,
Illinois
|
-$21M |
THG Hedge Fund Activity: Q3 2015 in Review
271 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Hanover Insurance (THG) for Q3 2015, worth a combined $2.89B — up 3.4% from $2.8B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new THG positions and 23 closed out — a net gain of 15 holders — while 88 added to existing stakes and 103 trimmed.
The largest buyer was Allianz Asset Management, adding an estimated $23.9M. The largest seller was Comerica Bank, cutting an estimated $56.1M.
- 271 institutional investors held Hanover Insurance (THG) as of Q3 2015, up from 257 in Q2 2015.
- Funds reported $2.89B of Hanover Insurance stock for Q3 2015, up 3.4% quarter-over-quarter.
- 38 funds opened new Hanover Insurance positions in Q3 2015 and 23 closed out, a net change of +15 holders.
- The largest Hanover Insurance buyer in Q3 2015 was Allianz Asset Management, an estimated $23.9M added.
- The largest Hanover Insurance seller in Q3 2015 was Comerica Bank, an estimated $56.1M sold.
Based on aggregated 13F filings for Q3 2015.