Hanover Insurance
284 hedge funds and large institutions have $2.65B invested in Hanover Insurance in 2016 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 91 increasing their positions, 124 reducing their positions, and 37 closing their positions.
5,375% more call options, than puts
Call options by funds: $219K | Put options by funds: $4K
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.44% less ownership
Funds ownership: 83.59% → 82.15% (-1.4%)
5% less funds holding
Funds holding: 299 → 284 (-15)
13% less capital invested
Capital invested by funds: $3.04B → $2.65B (-$389M)
27% less repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 124
35% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$27.5M |
| 2 |
Renaissance Technologies
New York
|
+$26.4M |
| 3 |
Nordea Investment Management
Stockholm,
Sweden
|
+$18.9M |
| 4 |
Two Sigma Investments
New York
|
+$17.7M |
| 5 |
D.E. Shaw & Co
New York
|
+$14.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$24.9M |
| 2 |
SAM
Skyline Asset Management
Chicago,
Illinois
|
-$20.5M |
| 3 |
MFIMFI
Mesirow Financial Investment Management - Fixed Income
Chicago,
Illinois
|
-$19.8M |
| 4 |
KAM
Keeley Asset Management
Chicago,
Illinois
|
-$18.1M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$17.5M |
THG Hedge Fund Activity: Q3 2016 in Review
284 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Hanover Insurance (THG) for Q3 2016, worth a combined $2.65B — down 13% from $3.04B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of THG and 24 opened new positions — a net loss of 13 holders — while 124 trimmed existing stakes and 91 added.
The largest buyer was Perkins Investment Management, adding an estimated $27.5M. The largest seller was Victory Capital Management, cutting an estimated $24.9M.
- 284 institutional investors held Hanover Insurance (THG) as of Q3 2016, down from 299 in Q2 2016.
- Funds reported $2.65B of Hanover Insurance stock for Q3 2016, down 13% quarter-over-quarter.
- 24 funds opened new Hanover Insurance positions in Q3 2016 and 37 closed out, a net change of -13 holders.
- The largest Hanover Insurance buyer in Q3 2016 was Perkins Investment Management, an estimated $27.5M added.
- The largest Hanover Insurance seller in Q3 2016 was Victory Capital Management, an estimated $24.9M sold.
Based on aggregated 13F filings for Q3 2016.