Hanover Insurance
275 hedge funds and large institutions have $3.25B invested in Hanover Insurance in 2016 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 87 increasing their positions, 118 reducing their positions, and 32 closing their positions.
535% more call options, than puts
Call options by funds: $1.95M | Put options by funds: $307K
8% more capital invested
Capital invested by funds: $3B → $3.25B (+$251M)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
1% less funds holding
Funds holding: 277 → 275 (-2)
6% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 32
1.2% less ownership
Funds ownership: 85.39% → 84.19% (-1.2%)
26% less repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 118
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$24.8M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$17.5M |
| 3 |
DVM
Dreman Value Management
West Palm Beach,
Florida
|
+$8.77M |
| 4 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$6.74M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$6.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$14.7M |
| 2 |
WIM
Waverton Investment Management
London,
United Kingdom
|
-$10.2M |
| 3 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
-$9.64M |
| 4 |
Morgan Stanley
New York
|
-$8.93M |
| 5 |
KAM
Keeley Asset Management
Chicago,
Illinois
|
-$8.34M |
THG Hedge Fund Activity: Q1 2016 in Review
275 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Hanover Insurance (THG) for Q1 2016, worth a combined $3.25B — up 8.4% from $3B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of THG and 30 opened new positions — a net loss of 2 holders — while 118 trimmed existing stakes and 87 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 $3.25B of Hanover Insurance stock for Q1 2016, up 8.4% 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.