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Hanover Insurance

276 hedge funds and large institutions have $3.51B invested in Hanover Insurance in 2017 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 75 increasing their positions, 117 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

62% more first-time investments, than exits

New positions opened: 34 | Existing positions closed: 21

9% more capital invested

Capital invested by funds: $3.22B → $3.51B (+$297M)

4% more funds holding

Funds holding: 266276 (+10)

0.22% more ownership

Funds ownership: 85.26%85.48% (+0.22%)

36% less repeat investments, than reductions

Existing positions increased: 75 | Existing positions reduced: 117

88% less call options, than puts

Call options by funds: $184K | Put options by funds: $1.48M

Holders
276
Holders Change
+10
Holders Change %
+3.76%
% of All Funds
6.88%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
34
Increased
75
Reduced
117
Closed
21
Calls
$184K
Puts
$1.48M
Net Calls
-$1.3M
Net Calls Change
-$883K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$380M +$2.41M +25,283 +0.6%
BlackRock
2
BlackRock
New York
$341M -$368K -3,863 -0.1%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$264M -$12.5M -131,309 -5%
State Street
4
State Street
Massachusetts
$126M -$1.7M -17,911 -1%
T. Rowe Price Associates
5
T. Rowe Price Associates
Maryland
$101M +$54.4M +571,776 +122%
Renaissance Technologies
6
Renaissance Technologies
New York
$84.3M +$2.54M +26,700 +3%
Franklin Resources
7
Franklin Resources
California
$78.7M +$4.71M +49,500 +6%
Janus Henderson Group
8
Janus Henderson Group
United Kingdom
$75M +$6.05M +63,578 +9%
Invesco
9
Invesco
Georgia
$74.6M +$20.4M +214,840 +39%
Macquarie Group
10
Macquarie Group
Australia
$73.7M +$2.87M +30,153 +4%
Pzena Investment Management
11
Pzena Investment Management
New York
$72.4M +$71M +746,426 New
Bank of New York Mellon
12
Bank of New York Mellon
New York
$68.2M -$1.64M -17,282 -2%
Norges Bank
13
Norges Bank
Norway
$64.5M +$3.92M +41,151 +7%
Ameriprise
14
Ameriprise
Minnesota
$63.7M -$5.7M -59,904 -8%
Massachusetts Financial Services
15
Massachusetts Financial Services
Massachusetts
$62M +$2.23M +23,471 +4%
Boston Partners
16
Boston Partners
Massachusetts
$59.9M +$1.59M +16,663 +3%
Victory Capital Management
17
Victory Capital Management
Texas
$56.5M +$55.5M +583,325 New
AQR Capital Management
18
AQR Capital Management
Connecticut
$54.3M +$3.44M +36,143 +7%
Goldman Sachs
19
Goldman Sachs
New York
$49M +$13.3M +139,694 +38%
American Century Companies
20
American Century Companies
Missouri
$46.7M -$5.44M -57,118 -11%
Lord, Abbett & Co
21
Lord, Abbett & Co
New Jersey
$46.4M -$10.5M -110,703 -19%
Thrivent Financial for Lutherans
22
Thrivent Financial for Lutherans
Minnesota
$44.2M +$6.42M +67,490 +17%
LSV Asset Management
23
LSV Asset Management
Illinois
$42.8M -$43.3M -455,466 -51%
Nordea Investment Management
24
Nordea Investment Management
Sweden
$41.8M +$484K +5,086 +1%
Royal Bank of Canada
25
Royal Bank of Canada
Ontario, Canada
$38.6M -$459K -4,828 -1%

THG Hedge Fund Activity: Q3 2017 in Review

276 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Hanover Insurance (THG) for Q3 2017, worth a combined $3.51B — up 9.2% from $3.22B a quarter earlier.

Buyers outnumbered sellers: 34 funds opened new THG positions and 21 closed out — a net gain of 13 holders — while 75 added to existing stakes and 117 trimmed.

The largest buyer was Pzena Investment Management, opening a new position worth an estimated $71M. The largest seller was LSV Asset Management, cutting an estimated $43.3M.

  • 276 institutional investors held Hanover Insurance (THG) as of Q3 2017, up from 266 in Q2 2017.
  • Funds reported $3.51B of Hanover Insurance stock for Q3 2017, up 9.2% quarter-over-quarter.
  • 34 funds opened new Hanover Insurance positions in Q3 2017 and 21 closed out, a net change of +13 holders.
  • The largest Hanover Insurance buyer in Q3 2017 was Pzena Investment Management, an estimated $71M added.
  • The largest Hanover Insurance seller in Q3 2017 was LSV Asset Management, an estimated $43.3M sold.

Based on aggregated 13F filings for Q3 2017.