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Hanover Insurance

322 hedge funds and large institutions have $4.26B invested in Hanover Insurance in 2018 Q4 according to their latest regulatory filings, with 46 funds opening new positions, 86 increasing their positions, 128 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

64% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 28

5% more funds holding

Funds holding: 306322 (+16)

0.73% more ownership

Funds ownership: 85.57%86.3% (+0.73%)

5% less capital invested

Capital invested by funds: $4.49B → $4.26B (-$226M)

33% less repeat investments, than reductions

Existing positions increased: 86 | Existing positions reduced: 128

Holders
322
Holders Change
+16
Holders Change %
+5.23%
% of All Funds
7.17%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.07%
New
46
Increased
86
Reduced
128
Closed
28
Calls
$3K
Puts
Net Calls
+$3K
Net Calls Change
+$373K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$504M +$12.2M +109,068 +3%
BlackRock
2
BlackRock
New York
$447M +$1.39M +12,373 +0.3%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$215M -$24.1M -214,354 -10%
Victory Capital Management
4
Victory Capital Management
Texas
$148M +$7.46M +66,512 +6%
State Street
5
State Street
Massachusetts
$138M -$7.48M -66,697 -5%
Franklin Resources
6
Franklin Resources
California
$132M +$15.1M +134,720 +14%
T. Rowe Price Associates
7
T. Rowe Price Associates
Maryland
$128M +$2.13M +19,003 +2%
Invesco
8
Invesco
Georgia
$119M +$5.88M +52,391 +5%
Macquarie Group
9
Macquarie Group
Australia
$91.5M +$1.71M +15,207 +2%
Janus Henderson Group
10
Janus Henderson Group
United Kingdom
$87.4M -$331K -2,953 -0.4%
Massachusetts Financial Services
11
Massachusetts Financial Services
Massachusetts
$82.1M +$3.63M +32,355 +5%
AL
12
AJO LP
Pennsylvania
$78.2M +$44.9M +399,887 +148%
AQR Capital Management
13
AQR Capital Management
Connecticut
$76M -$1.56M -13,862 -2%
Citadel Advisors
14
Citadel Advisors
Florida
$74.6M +$25.9M +230,734 +57%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$73.6M +$691K +6,161 +1%
Renaissance Technologies
16
Renaissance Technologies
New York
$72M +$7.08M +63,100 +11%
Norges Bank
17
Norges Bank
Norway
$68M
Lord, Abbett & Co
18
Lord, Abbett & Co
New Jersey
$66.7M -$4.23M -37,672 -6%
Principal Financial Group
19
Principal Financial Group
Iowa
$60.6M -$1.59M -14,136 -3%
Pzena Investment Management
20
Pzena Investment Management
New York
$55.8M -$9.88M -88,020 -16%
Ameriprise
21
Ameriprise
Minnesota
$55.8M -$3.24M -28,847 -6%
Wellington Management Group
22
Wellington Management Group
Massachusetts
$52.7M +$14.3M +127,829 +40%
AllianceBernstein
23
AllianceBernstein
Tennessee
$51.3M +$4.21M +37,542 +9%
Goldman Sachs
24
Goldman Sachs
New York
$50.3M -$31.6M -282,015 -40%
Geode Capital Management
25
Geode Capital Management
Massachusetts
$49.5M +$3.36M +29,984 +8%

THG Hedge Fund Activity: Q4 2018 in Review

322 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Hanover Insurance (THG) for Q4 2018, worth a combined $4.26B — down 5% from $4.49B a quarter earlier.

Buyers outnumbered sellers: 46 funds opened new THG positions and 28 closed out — a net gain of 18 holders — while 86 added to existing stakes and 128 trimmed.

The largest buyer was AJO LP, adding an estimated $44.9M. The largest seller was Goldman Sachs, cutting an estimated $31.6M.

  • 322 institutional investors held Hanover Insurance (THG) as of Q4 2018, up from 306 in Q3 2018.
  • Funds reported $4.26B of Hanover Insurance stock for Q4 2018, down 5% quarter-over-quarter.
  • 46 funds opened new Hanover Insurance positions in Q4 2018 and 28 closed out, a net change of +18 holders.
  • The largest Hanover Insurance buyer in Q4 2018 was AJO LP, an estimated $44.9M added.
  • The largest Hanover Insurance seller in Q4 2018 was Goldman Sachs, an estimated $31.6M sold.

Based on aggregated 13F filings for Q4 2018.