HANOVER INS GROUP INC THG
COM · Common Stock · CUSIP 410867105
- SectorFinancials
- IndustryFire, Marine & Casualty Insurance
- HeadquartersWorcester, MA
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($26.9m this quarter). Holder counts are more reliable. Shares outstanding: 36.0m as of 2024-07-30, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $125.44. Options: 2 managers hold calls ($602.1k notional), 1 hold puts ($0).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 331 |
| Q4 2022 | 355 |
| Q1 2023 | 349 |
| Q2 2023 | 337 |
| Q3 2023 | 336 |
| Q4 2023 | 343 |
| Q1 2024 | 347 |
| Q2 2024 | 369 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 166 | 130 |
| Q1 2023 | 160 | 152 |
| Q2 2023 | 142 | 179 |
| Q3 2023 | 158 | 161 |
| Q4 2023 | 154 | 152 |
| Q1 2024 | 163 | 156 |
| Q2 2024 | 179 | 155 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $0 | $0 | — |
| Q4 2023 | $0 | $0 | — |
| Q1 2024 | $612.8k | $217.9k | 0.36 |
| Q2 2024 | $602.1k | $0 | 0.00 |
Biggest buyers
| Balyasny Asset Management L.P. | Added | +203.9k |
| Point72 Asset Management, L.P. | New | +117.1k |
| Qube Research & Technologies Ltd | Added | +95.6k |
| ALLIANCEBERNSTEIN L.P. | Added | +85.6k |
| Channing Capital Management, LLC | New | +75.9k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Added | +70.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +65.3k |
| AQR CAPITAL MANAGEMENT LLC | Added | +61.7k |
| BlackRock Inc. | Added | +49.2k |
| NORTHERN TRUST CORP | Added | +46.0k |
Biggest sellers
| MORGAN STANLEY | Reduced | -837.3k |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -161.8k |
| FRANKLIN RESOURCES INC | Reduced | -153.2k |
| PRINCIPAL FINANCIAL GROUP INC | Reduced | -153.2k |
| Schonfeld Strategic Advisors LLC | Reduced | -150.5k |
| Bank of New York Mellon Corp | Reduced | -117.9k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -105.1k |
| Ceredex Value Advisors LLC | Sold out | -83.2k |
| FIRST TRUST ADVISORS LP | Reduced | -70.6k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -68.5k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $602.1k4.8k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.5% |
| PRICE T ROWE ASSOCIATES INC /MD/ 13G · institution new · filed 2026-08-14 | 5.2% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q2 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2022 | 0 | — | 1 | $129.3k | — |
| Q4 2022 | 0 | — | 1 | $380.6k | — |
| Q1 2023 | 0 | — | 1 | $119.4k | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 1 | $142.1k | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 1 | $178.0k | — |
| Q2 2024 | 0 | — | 2 | $283.9k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-05-24 | Carlin Jane D Director | Sold | $148.0k1.1k shares |
| 2024-05-07 | Lee Willard T Executive Vice President | Sold | $135.9k1.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 3.6m $449.5m | Reduced -4.7k |
| BlackRock Inc. 0.01% of their portfolio | 3.3m $419.6m | Added +49.2k |
| T. Rowe Price Investment Management, Inc. 0.11% of their portfolio | 1.4m $177.9m | Reduced -28.3k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.05% of their portfolio | 1.3m $168.2m | Added +70.2k |
| STATE STREET CORP 0.01% of their portfolio | 1.2m $155.0m | Added +10.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio | 1.0m $129.3m | Added +65.3k |
| Allspring Global Investments Holdings, LLC 0.20% of their portfolio | 992.3k $124.5m | Reduced -16.6k |
| FRANKLIN RESOURCES INC 0.04% of their portfolio | 972.7k $122.0m | Reduced -153.2k |
| VICTORY CAPITAL MANAGEMENT INC 0.11% of their portfolio | 907.9k $113.9m | Reduced -161.8k |
| AMERICAN CENTURY COMPANIES INC 0.06% of their portfolio | 802.0k $100.6m | Added +33.2k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 798.1k $100.1m | Added +30.5k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 681.7k $85.5m | Reduced -20.7k |
| ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio | 663.0k $83.2m | Added +85.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 643.5k $80.7m | Added +19.7k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.32% of their portfolio | 600.7k $75.4m | Added +40.1k |
| MACQUARIE GROUP LTD 0.08% of their portfolio | 539.6k $67.7m | Reduced -56.2k |
| LONDON CO OF VIRGINIA 0.31% of their portfolio | 444.9k $55.8m | Reduced -1.3k |
| NORGES BANK 0.01% of their portfolio | 432.5k $54.3m | Added +7.6k |
| MORGAN STANLEY 0.00% of their portfolio | 423.0k $53.1m | Reduced -837.3k |
| PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio | 382.8k $48.0m | Reduced -153.2k |
| FIRST TRUST ADVISORS LP 0.05% of their portfolio | 375.2k $47.1m | Reduced -70.6k |
| Boston Trust Walden Corp 0.34% of their portfolio | 365.8k $45.9m | Reduced -368 |
| JANUS HENDERSON GROUP PLC 0.02% of their portfolio | 362.2k $45.4m | Added +128 |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 359.3k $45.1m | Reduced -68.5k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 358.4k $45.0m | Reduced -117.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 351.7k $44.1m | Added +838 |
| Invesco Ltd. 0.01% of their portfolio | 351.6k $44.1m | Reduced -1.9k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.17% of their portfolio | 318.8k $40.0m | Added +36.5k |
| BROWN ADVISORY INC 0.05% of their portfolio | 285.9k $35.9m | Added +38.5k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 272.3k $34.2m | Added +46.0k |
| Markel Group Inc. 0.30% of their portfolio | 240.0k $30.1m | Added +13.0k |
| Balyasny Asset Management L.P. 0.08% of their portfolio | 239.7k $30.1m | Added +203.9k |
| ProShare Advisors LLC 0.08% of their portfolio | 232.7k $29.2m | Added +4.0k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 216.4k $27.1m | Reduced -612 |
| ALTRINSIC GLOBAL ADVISORS LLC 1.20% of their portfolio | 213.9k $26.8m | Added +9.5k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 172.4k $21.6m | Added +34.8k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 166.6k $20.9m | Reduced -28.2k |
| LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio | 154.4k $19.4m | Added +11.9k |
| Leeward Investments, LLC - MA 0.89% of their portfolio | 154.0k $19.3m | Added +32.3k |
| FMR LLC 0.00% of their portfolio | 153.0k $19.2m | Added +7.9k |
| SEI INVESTMENTS CO 0.03% of their portfolio | 148.7k $18.7m | Added +10.4k |
| Russell Investments Group, Ltd. 0.03% of their portfolio | 148.7k $18.7m | Reduced -8.8k |
| California Public Employees Retirement System 0.01% of their portfolio | 146.9k $18.4m | Added +36.9k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.08% of their portfolio | 144.1k $18.1m | Reduced -235 |
| Qube Research & Technologies Ltd 0.03% of their portfolio | 118.9k $14.9m | Added +95.6k |
| Point72 Asset Management, L.P. 0.05% of their portfolio | 117.1k $14.7m | New |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 115.1k $14.4m | Reduced -15.4k |
| AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 114.6k $14.2m | Added +61.7k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 113.0k $14.2m | Reduced -1.3k |
| Mesirow Institutional Investment Management, Inc. 1.17% of their portfolio | 106.1k $13.3m | Reduced -4.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 105.4k $13.2m | Added +32.9k |
| HEARTLAND ADVISORS INC 0.67% of their portfolio | 95.9k $12.0m | Reduced -10.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 91.1k $11.4m | Added +6.2k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.08% of their portfolio | 87.3k $10.9m | Reduced -57.6k |
| Channing Capital Management, LLC 0.26% of their portfolio | 75.9k $9.5m | New |
| CRAWFORD INVESTMENT COUNSEL INC 0.17% of their portfolio | 70.5k $8.8m | Added +2.5k |
| Swiss National Bank 0.01% of their portfolio | 70.5k $8.8m | Unchanged |
| Lighthouse Investment Partners, LLC 0.49% of their portfolio | 70.5k $8.8m | Reduced -4.7k |
| Legal & General Group Plc 0.00% of their portfolio | 70.3k $8.8m | Reduced -8.2k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 69.0k $8.7m | Added +5.5k |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 61.6k $7.6m | Reduced -4.2k |
| NFJ INVESTMENT GROUP, LLC 0.23% of their portfolio | 60.5k $7.6m | Reduced -4.2k |
| Connor, Clark & Lunn Investment Management Ltd. 0.03% of their portfolio | 59.4k $7.4m | Added +3.9k |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 58.2k $7.3m | Added +17.5k |
| TRUIST FINANCIAL CORP 0.01% of their portfolio | 54.7k $6.9m | Reduced -14.7k |
| Gotham Asset Management, LLC 0.09% of their portfolio | 54.7k $6.9m | Added +15.2k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.12% of their portfolio | 54.5k $6.8m | Reduced -11.7k |
| TRILLIUM ASSET MANAGEMENT, LLC 0.17% of their portfolio | 54.5k $6.8m | Added +3.4k |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.19% of their portfolio | 50.6k $6.3m | Reduced -175 |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 46.9k $5.9m | Reduced -200 |
| Corebridge Financial, Inc. 0.03% of their portfolio | 45.5k $5.7m | First filing |
| Aptus Capital Advisors, LLC 0.11% of their portfolio | 44.6k $5.6m | Added +8.6k |
| Verition Fund Management LLC 0.04% of their portfolio | 44.6k $5.6m | Added +7.8k |
| Retirement Systems of Alabama 0.02% of their portfolio | 44.4k $5.6m | Reduced -593 |
| Bridgewater Associates, LP 0.03% of their portfolio | 43.9k $5.5m | Added +25.7k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 43.9k $5.5m | Reduced -2.2k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 42.1k $5.3m | Reduced -8.0k |
| COMERICA BANK 0.02% of their portfolio | 41.5k $5.2m | Reduced -12.8k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio | 41.4k $5.2m | New |
| CHARTWELL INVESTMENT PARTNERS, LLC 0.17% of their portfolio | 38.1k $4.8m | Reduced -4.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 35.3k $4.4m | Reduced -1.1k |
| TWINBEECH CAPITAL LP 0.09% of their portfolio | 35.1k $4.4m | New |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 34.5k $4.3m | Reduced -1.9k |
| Cubist Systematic Strategies, LLC 0.07% of their portfolio | 34.2k $4.3m | New |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 33.5k $4.2m | Reduced -4.8k |
| Hodges Capital Management Inc. 0.28% of their portfolio | 32.9k $4.1m | New |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 31.1k $3.9m | Reduced -408 |
| CONGRESS ASSET MANAGEMENT CO 0.03% of their portfolio | 28.4k $3.6m | Reduced -1.2k |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 27.1k $3.4m | Reduced -12.8k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 26.1k $3.3m | Added +20.0k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 26.1k $3.3m | Added +22.3k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 25.7k $3.2m | Added +733 |
| Pathstone Holdings, LLC 0.01% of their portfolio | 25.4k $3.2m | Reduced -369 |
| Goelzer Investment Management, Inc. 0.18% of their portfolio | 25.2k $3.2m | Reduced -510 |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.02% of their portfolio | 24.4k $3.1m | Added +95 |
| TD Asset Management Inc 0.00% of their portfolio | 24.0k $3.0m | Reduced -1.1k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio | 23.9k $3.0m | Added +1.1k |
| Alaska Permanent Fund Corp 0.05% of their portfolio | 23.4k $3.2m | Added +5.8k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 23.3k $2.9m | Reduced -4.2k |
| HANTZ FINANCIAL SERVICES, INC. 0.06% of their portfolio | 23.1k $2.9m | Reduced -4.6k |