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Hanover Insurance

436 hedge funds and large institutions have $5.6B invested in Hanover Insurance in 2025 Q1 according to their latest regulatory filings, with 77 funds opening new positions, 154 increasing their positions, 129 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

103% more call options, than puts

Call options by funds: $956K | Put options by funds: $470K

93% more first-time investments, than exits

New positions opened: 77 | Existing positions closed: 40

19% more repeat investments, than reductions

Existing positions increased: 154 | Existing positions reduced: 129

14% more capital invested

Capital invested by funds: $4.9B → $5.6B (+$700M)

8% more funds holding

Funds holding: 404436 (+32)

1.62% more ownership

Funds ownership: 88.03%89.65% (+1.6%)

Holders
436
Holders Change
+32
Holders Change %
+7.92%
% of All Funds
5.85%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.01%
New
77
Increased
154
Reduced
129
Closed
40
Calls
$956K
Puts
$470K
Net Calls
+$486K
Net Calls Change
-$2.38M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$643M +$46.7M +288,639 +8%
Vanguard Group
2
Vanguard Group
Pennsylvania
$632M +$3.44M +21,221 +0.6%
Massachusetts Financial Services
3
Massachusetts Financial Services
Massachusetts
$238M -$19.4M -119,651 -8%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$223M +$415K +2,564 +0.2%
State Street
5
State Street
Massachusetts
$220M -$3.2M -19,779 -2%
Franklin Resources
6
Franklin Resources
California
$216M +$3.9M +24,110 +2%
AllianceBernstein
7
AllianceBernstein
Tennessee
$164M +$13M +80,262 +9%
Fuller & Thaler Asset Management
8
Fuller & Thaler Asset Management
California
$158M +$45.7M +282,233 +45%
Dimensional Fund Advisors
9
Dimensional Fund Advisors
Texas
$137M +$164K +1,014 +0.1%
Allspring Global Investments
10
Allspring Global Investments
North Carolina
$132M -$37.1M -229,413 -23%
T. Rowe Price Investment Management
11
T. Rowe Price Investment Management
Maryland
$125M -$59.4M -366,693 -34%
American Century Companies
12
American Century Companies
Missouri
$120M -$43.8M -270,655 -28%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$119M +$5.17M +31,932 +5%
Victory Capital Management
14
Victory Capital Management
Texas
$110M -$24M -148,533 -19%
Ameriprise
15
Ameriprise
Minnesota
$94.9M -$18.9M -116,968 -18%
LCOV
16
London Company of Virginia
Virginia
$81.6M -$46.1K -285 -0.1%
Macquarie Group
17
Macquarie Group
Australia
$80.6M -$4.09M -25,283 -5%
AQR Capital Management
18
AQR Capital Management
Connecticut
$79M +$27.6M +170,453 +59%
Norges Bank
19
Norges Bank
Norway
$77.1M +$615K +3,799 +0.9%
First Trust Advisors
20
First Trust Advisors
Illinois
$72M +$19.6M +121,046 +41%
Morgan Stanley
21
Morgan Stanley
New York
$71.5M -$6.77M -41,841 -9%
Charles Schwab
22
Charles Schwab
California
$67.8M +$3.49M +21,588 +6%
VNIM
23
Vaughan Nelson Investment Management
Texas
$64.3M +$59.9M +369,880 New
Adage Capital Partners
24
Adage Capital Partners
Massachusetts
$63.5M +$12.3M +76,100 +26%
Northern Trust
25
Northern Trust
Illinois
$62.2M -$4.27M -26,375 -7%

THG Hedge Fund Activity: Q1 2025 in Review

436 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Hanover Insurance (THG) for Q1 2025, worth a combined $5.6B — up 14% from $4.9B a quarter earlier.

Buyers outnumbered sellers: 77 funds opened new THG positions and 40 closed out — a net gain of 37 holders — while 154 added to existing stakes and 129 trimmed.

The largest buyer was Vaughan Nelson Investment Management, opening a new position worth an estimated $59.9M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $59.4M.

  • 436 institutional investors held Hanover Insurance (THG) as of Q1 2025, up from 404 in Q4 2024.
  • Funds reported $5.6B of Hanover Insurance stock for Q1 2025, up 14% quarter-over-quarter.
  • 77 funds opened new Hanover Insurance positions in Q1 2025 and 40 closed out, a net change of +37 holders.
  • The largest Hanover Insurance buyer in Q1 2025 was Vaughan Nelson Investment Management, an estimated $59.9M added.
  • The largest Hanover Insurance seller in Q1 2025 was T. Rowe Price Investment Management, an estimated $59.4M sold.

Based on aggregated 13F filings for Q1 2025.