Who owns The Hanover Insurance Group, Inc. (THG)
Which tracked institutional funds hold THG, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See THG company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-18). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
82 tracked funds added or opened THG while 116 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
THG’s largest tracked holder by dollar value, VANGUARD GROUP INC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes THG more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in THG divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 501 tracked filers holding THG, 262 increased or opened the position and 210 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in THG between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 15
- VANGUARD PORTFOLIO MANAGEMENT LLC$335M
- VANGUARD CAPITAL MANAGEMENT LLC$252M
- VANGUARD FIDUCIARY TRUST CO$38M
- VANGUARD ASSET MANAGEMENT, Ltd$6M
- Meiji Yasuda Asset Management Co Ltd.$5M
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$4M
Full exits 22
- VANGUARD GROUP INC$659M
- Channing Capital Management, LLC$10M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$9M
- HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND$5M
- COMERICA BANK$3M
- Y-Intercept (Hong Kong) Ltd$3M
Largest adds
- STATE STREET CORP$64M
- AMERICAN CENTURY COMPANIES INC$44M
- Woodline Partners LP$28M
- ADAGE CAPITAL PARTNERS GP, L.L.C.$25M
- PRIMECAP MANAGEMENT CO/CA/$24M
- Quantinno Capital Management LP$17M
Largest trims
- MASSACHUSETTS FINANCIAL SERVICES CO /MA/$118M
- BlackRock, Inc.$113M
- VICTORY CAPITAL MANAGEMENT INC$69M
- VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P.$51M
- Invesco Ltd.$48M
- ALLIANCEBERNSTEIN L.P.$45M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BlackRock, Inc. trimmed | 3,119,559 | $541M | 9.4% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 1,932,460 | $335M | 5.8% | 2026-Q1 |
| STATE STREET CORP added | 1,631,422 | $283M | 4.9% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 1,452,355 | $252M | 4.4% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ trimmed | 1,384,142 | $240M | 4.2% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 1,011,672 | $175M | 3.0% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 1,002,527 | $174M | 3.0% | 2026-Q1 |
| FULLER & THALER ASSET MANAGEMENT, INC. added | 989,837 | $172M | 3.0% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 970,177 | $168M | 2.9% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. trimmed | 831,545 | $152M | 2.6% | 2026-Q1 |
| FIRST TRUST ADVISORS LP added | 827,320 | $143M | 2.5% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 728,167 | $126M | 2.2% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 694,771 | $120M | 2.1% | 2026-Q1 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed | 598,786 | $104M | 1.8% | 2026-Q1 |
| Qube Research & Technologies Ltd added | 492,751 | $85M | 1.5% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 470,830 | $82M | 1.4% | 2026-Q1 |
| MORGAN STANLEY added | 462,672 | $80M | 1.4% | 2026-Q1 |
| NORGES BANK trimmed | 443,007 | $77M | 1.3% | 2026-Q1 |
| Woodline Partners LP added | 418,980 | $73M | 1.3% | 2026-Q1 |
| Invesco Ltd. trimmed | 407,783 | $71M | 1.2% | 2026-Q1 |
| Allspring Global Investments Holdings, LLC trimmed | 401,539 | $69M | 1.2% | 2026-Q1 |
| LONDON CO OF VIRGINIA trimmed | 381,668 | $66M | 1.2% | 2026-Q1 |
| NORTHERN TRUST CORP added | 342,173 | $59M | 1.0% | 2026-Q1 |
| Bank of New York Mellon Corp added | 338,870 | $59M | 1.0% | 2026-Q1 |
| Markel Group Inc. | 281,000 | $49M | 0.8% | 2026-Q1 |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. trimmed | 277,050 | $48M | 0.8% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 251,130 | $44M | 0.8% | 2026-Q1 |
| UBS Group AG added | 237,770 | $41M | 0.7% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 218,782 | $38M | 0.7% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 216,524 | $38M | 0.7% | 2026-Q1 |
| ADAGE CAPITAL PARTNERS GP, L.L.C. added | 215,370 | $37M | 0.6% | 2026-Q1 |
| Quantinno Capital Management LP added | 207,152 | $36M | 0.6% | 2026-Q1 |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC added | 195,760 | $34M | 0.6% | 2026-Q1 |
| FRANKLIN RESOURCES INC trimmed | 182,488 | $32M | 0.6% | 2026-Q1 |
| PRIMECAP MANAGEMENT CO/CA/ added | 176,040 | $31M | 0.5% | 2026-Q1 |
| BROWN ADVISORY INC trimmed | 172,514 | $30M | 0.5% | 2026-Q1 |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. trimmed | 164,710 | $29M | 0.5% | 2026-Q1 |
| JACOBS LEVY EQUITY MANAGEMENT, INC trimmed | 152,763 | $26M | 0.5% | 2026-Q1 |
| Gotham Asset Management, LLC added | 151,751 | $26M | 0.5% | 2026-Q1 |
| ProShare Advisors LLC trimmed | 149,856 | $26M | 0.5% | 2026-Q1 |
| Arbejdsmarkedets Tillaegspension added | 147,109 | $26M | 0.4% | 2026-Q1 |
| BALYASNY ASSET MANAGEMENT L.P. trimmed | 143,474 | $25M | 0.4% | 2026-Q1 |
| Boston Trust Walden Corp trimmed | 140,938 | $24M | 0.4% | 2026-Q1 |
| ALTRINSIC GLOBAL ADVISORS LLC trimmed | 130,221 | $23M | 0.4% | 2026-Q1 |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO | 128,613 | $22M | 0.4% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC trimmed | 118,796 | $21M | 0.4% | 2026-Q1 |
| BARCLAYS PLC added | 117,980 | $20M | 0.4% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 117,634 | $20M | 0.4% | 2026-Q1 |
| JANUS HENDERSON GROUP PLC | 116,871 | $20M | 0.4% | 2026-Q1 |
| Interval Partners, LP trimmed | 109,022 | $19M | 0.3% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 108,971 | $19M | 0.3% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 108,514 | $19M | 0.3% | 2026-Q1 |
| RHUMBLINE ADVISERS added | 105,208 | $18M | 0.3% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP added | 102,851 | $18M | 0.3% | 2026-Q1 |
| California Public Employees Retirement System trimmed | 95,924 | $17M | 0.3% | 2026-Q1 |
| Nuveen, LLC added | 94,208 | $16M | 0.3% | 2026-Q1 |
| SEI INVESTMENTS CO added | 93,736 | $16M | 0.3% | 2026-Q1 |
| Leeward Investments, LLC - MA trimmed | 92,114 | $16M | 0.3% | 2026-Q1 |
| Aptus Capital Advisors, LLC added | 90,706 | $16M | 0.3% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 79,055 | $14M | 0.2% | 2026-Q1 |
| MARTINGALE ASSET MANAGEMENT L P trimmed | 78,618 | $14M | 0.2% | 2026-Q1 |
| FMR LLC trimmed | 77,280 | $13M | 0.2% | 2026-Q1 |
| VOYA INVESTMENT MANAGEMENT LLC added | 76,550 | $13M | 0.2% | 2026-Q1 |
| Russell Investments Group, Ltd. trimmed | 76,383 | $13M | 0.2% | 2026-Q1 |
| Swiss National Bank trimmed | 70,400 | $12M | 0.2% | 2026-Q1 |
| Trexquant Investment LP added | 67,767 | $12M | 0.2% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 67,758 | $12M | 0.2% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 67,960 | $12M | 0.2% | 2026-Q1 |
| T. Rowe Price Investment Management, Inc. added | 64,575 | $11M | 0.2% | 2026-Q1 |
| HANCOCK WHITNEY CORP trimmed | 56,815 | $11M | 0.2% | 2026-Q1 |
| CRAWFORD INVESTMENT COUNSEL INC trimmed | 58,154 | $10M | 0.2% | 2026-Q1 |
| SILVERCREST ASSET MANAGEMENT GROUP LLC trimmed | 56,750 | $10M | 0.2% | 2026-Q1 |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC added | 55,625 | $10M | 0.2% | 2026-Q1 |
| CONGRESS ASSET MANAGEMENT CO added | 54,867 | $10M | 0.2% | 2026-Q1 |
| Engineers Gate Manager LP added | 54,641 | $9M | 0.2% | 2026-Q1 |
| NORDEA INVESTMENT MANAGEMENT AB trimmed | 54,682 | $9M | 0.2% | 2026-Q1 |
| Legal & General Group Plc trimmed | 49,967 | $9M | 0.2% | 2026-Q1 |
| Hodges Capital Management Inc. added | 49,188 | $9M | 0.1% | 2026-Q1 |
| ALGERT GLOBAL LLC added | 47,430 | $8M | 0.1% | 2026-Q1 |
| Gillson Capital LP trimmed | 46,778 | $8M | 0.1% | 2026-Q1 |
| ACADIAN ASSET MANAGEMENT LLC trimmed | 46,594 | $8M | 0.1% | 2026-Q1 |
| TEACHER RETIREMENT SYSTEM OF TEXAS trimmed | 46,342 | $8M | 0.1% | 2026-Q1 |
| NATIXIS ADVISORS, LLC trimmed | 44,525 | $8M | 0.1% | 2026-Q1 |
| Squarepoint Ops LLC added | 44,184 | $8M | 0.1% | 2026-Q1 |
| IEQ CAPITAL, LLC trimmed | 44,160 | $8M | 0.1% | 2026-Q1 |
| HENNESSY ADVISORS INC trimmed | 43,400 | $8M | 0.1% | 2026-Q1 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added | 43,399 | $8M | 0.1% | 2026-Q1 |
| Retirement Systems of Alabama added | 43,398 | $8M | 0.1% | 2026-Q1 |
| Lighthouse Investment Partners, LLC trimmed | 41,857 | $7M | 0.1% | 2026-Q1 |
| Schonfeld Strategic Advisors LLC trimmed | 41,332 | $7M | 0.1% | 2026-Q1 |
| CITIGROUP INC added | 40,502 | $7M | 0.1% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 39,625 | $7M | 0.1% | 2026-Q1 |
| Man Group plc added | 39,568 | $7M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 3,606,743 | $659M | 11.5% | 2025-Q4 stale |
| MACQUARIE GROUP LTD trimmed | 423,195 | $77M | 1.3% | 2025-Q3 stale |
| Channing Capital Management, LLC trimmed | 56,086 | $10M | 0.2% | 2025-Q4 stale |
| NFJ INVESTMENT GROUP, LLC added | 53,452 | $9M | 0.2% | 2025-Q1 stale |
| Freestone Grove Partners LP trimmed | 50,530 | $9M | 0.2% | 2025-Q3 stale |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 46,871 | $9M | 0.1% | 2025-Q4 stale |
| Corebridge Financial, Inc. trimmed | 39,797 | $7M | 0.1% | 2025-Q1 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.