Hanover Insurance
349 hedge funds and large institutions have $3.97B invested in Hanover Insurance in 2023 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 132 increasing their positions, 119 reducing their positions, and 31 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 132 | Existing positions reduced: 119
1.45% more ownership
Funds ownership: 85.27% → 86.73% (+1.5%)
3% less capital invested
Capital invested by funds: $4.1B → $3.97B (-$130M)
3% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 31
1% less funds holding
Funds holding: 354 → 349 (-5)
48% less call options, than puts
Call options by funds: $141K | Put options by funds: $270K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
+$29.7M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$17.2M |
| 3 |
LI
Leeward Investments
Boston,
Massachusetts
|
+$16.3M |
| 4 |
Millennium Management
New York
|
+$11.8M |
| 5 |
Verition Fund Management
Greenwich,
Connecticut
|
+$7.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$45.3M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$35M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$12.4M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$7.43M |
| 5 |
Morgan Stanley
New York
|
-$6.62M |
THG Hedge Fund Activity: Q1 2023 in Review
349 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Hanover Insurance (THG) for Q1 2023, worth a combined $3.97B — down 3.2% from $4.1B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of THG and 30 opened new positions — a net loss of 1 holder — while 119 trimmed existing stakes and 132 added.
The largest buyer was Boston Trust Walden, opening a new position worth an estimated $29.7M. The largest seller was Wellington Management Group, cutting an estimated $45.3M.
- 349 institutional investors held Hanover Insurance (THG) as of Q1 2023, down from 354 in Q4 2022.
- Funds reported $3.97B of Hanover Insurance stock for Q1 2023, down 3.2% quarter-over-quarter.
- 30 funds opened new Hanover Insurance positions in Q1 2023 and 31 closed out, a net change of -1 holder.
- The largest Hanover Insurance buyer in Q1 2023 was Boston Trust Walden, an estimated $29.7M added.
- The largest Hanover Insurance seller in Q1 2023 was Wellington Management Group, an estimated $45.3M sold.
Based on aggregated 13F filings for Q1 2023.