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Hanover Insurance

275 hedge funds and large institutions have $3.2B invested in Hanover Insurance in 2016 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 86 increasing their positions, 119 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

535% more call options, than puts

Call options by funds: $1.95M | Put options by funds: $307K

7% more capital invested

Capital invested by funds: $2.99B → $3.2B (+$207M)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

1% less funds holding

Funds holding: 277275 (-2)

6% less first-time investments, than exits

New positions opened: 30 | Existing positions closed: 32

1.22% less ownership

Funds ownership: 85.41%84.19% (-1.2%)

28% less repeat investments, than reductions

Existing positions increased: 86 | Existing positions reduced: 119

Holders
275
Holders Change
-2
Holders Change %
-0.72%
% of All Funds
7.33%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.13%
New
30
Increased
86
Reduced
119
Closed
32
Calls
$1.95M
Puts
$307K
Net Calls
+$1.64M
Net Calls Change
+$1.64M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$309M +$24.8M +300,288 +10%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$286M +$897K +10,867 +0.3%
Allianz Asset Management
3
Allianz Asset Management
Germany
$147M +$5.21M +63,049 +4%
BFA
4
BlackRock Fund Advisors
California
$130M -$1.6M -19,322 -1%
BIT
5
BlackRock Institutional Trust
California
$123M -$7.65M -92,652 -6%
State Street
6
State Street
Massachusetts
$122M -$3.63M -43,963 -3%
AllianceBernstein
7
AllianceBernstein
Tennessee
$88M -$1.49M -17,992 -2%
VFA
8
Virtus Fund Advisers
Connecticut
$80.8M -$7.88M -95,426 -10%
Lord, Abbett & Co
9
Lord, Abbett & Co
New Jersey
$79.9M -$5.97M -72,296 -8%
Wellington Management Group
10
Wellington Management Group
Massachusetts
$78.8M -$2.82M -34,141 -4%
Franklin Resources
11
Franklin Resources
California
$63.3M
Bank of New York Mellon
12
Bank of New York Mellon
New York
$63M -$3.53M -42,705 -6%
American Century Companies
13
American Century Companies
Missouri
$57.1M +$1.05M +12,733 +2%
KAM
14
Keeley Asset Management
Illinois
$52M -$8.34M -101,062 -15%
AQR Capital Management
15
AQR Capital Management
Connecticut
$51.5M +$6.47M +78,398 +16%
LSV Asset Management
16
LSV Asset Management
Illinois
$48.3M +$2.14M +25,900 +5%
Invesco
17
Invesco
Georgia
$40.4M +$1.77M +21,457 +5%
Fidelity Investments
18
Fidelity Investments
Massachusetts
$39.9M -$6.38M -77,300 -15%
Norges Bank
19
Norges Bank
Norway
$39.2M
Ameriprise
20
Ameriprise
Minnesota
$38.2M -$1.31M -15,857 -4%
Northern Trust
21
Northern Trust
Illinois
$37.7M -$1.61M -19,528 -4%
HAI
22
Hennessy Advisors Inc
California
$37.6M +$1.05M +12,700 +3%
AAMU
23
Amundi Asset Management US
Massachusetts
$36.2M +$579K +7,010 +2%
Victory Capital Management
24
Victory Capital Management
Texas
$36.2M +$17.5M +212,300 +112%
Massachusetts Financial Services
25
Massachusetts Financial Services
Massachusetts
$32.8M -$5.9M -71,489 -16%

THG Hedge Fund Activity: Q1 2016 in Review

275 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Hanover Insurance (THG) for Q1 2016, worth a combined $3.2B — up 6.9% from $2.99B a quarter earlier.

Sellers outnumbered buyers: 32 funds closed out of THG and 30 opened new positions — a net loss of 2 holders — while 119 trimmed existing stakes and 86 added.

The largest buyer was Vanguard Group, adding an estimated $24.8M. The largest seller was Royal Bank of Canada, cutting an estimated $14.7M.

  • 275 institutional investors held Hanover Insurance (THG) as of Q1 2016, down from 277 in Q4 2015.
  • Funds reported $3.2B of Hanover Insurance stock for Q1 2016, up 6.9% quarter-over-quarter.
  • 30 funds opened new Hanover Insurance positions in Q1 2016 and 32 closed out, a net change of -2 holders.
  • The largest Hanover Insurance buyer in Q1 2016 was Vanguard Group, an estimated $24.8M added.
  • The largest Hanover Insurance seller in Q1 2016 was Royal Bank of Canada, an estimated $14.7M sold.

Based on aggregated 13F filings for Q1 2016.