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Hanover Insurance Group, Inc.

THG
Exchange
NYSE
Industry
Fire, Marine & Casualty Insurance
SEC CIK
0000944695

In the last 90 days, Hanover Insurance Group, Inc. insiders filed 0 open-market purchases and 3 sales; 547 institutions reported holding it in 13F filings for Q2 2026, worth $6.84B in total; Markel Group is the only superinvestor holding it.

13F holders, Q4 2025

Institutional positions in Hanover Insurance Group, Inc. as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
496
+41 vs. Q3 2025
Shares held
31.8M
+398.5K (+1.3%) vs. Q3 2025
Total value
$5.81B
+$107.6M (+1.9%) vs. Q3 2025
New holders
76
179 more added
Sold out
35
160 more reduced

5 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting THG on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 496 institutions
Q1 2021: 351 institutionsQ2 2021: 328 institutionsQ3 2021: 325 institutionsQ4 2021: 352 institutionsQ1 2022: 358 institutionsQ2 2022: 356 institutionsQ3 2022: 332 institutionsQ4 2022: 356 institutionsQ1 2023: 350 institutionsQ2 2023: 337 institutionsQ3 2023: 335 institutionsQ4 2023: 343 institutionsQ1 2024: 347 institutionsQ2 2024: 369 institutionsQ3 2024: 377 institutionsQ4 2024: 405 institutionsQ1 2025: 437 institutionsQ2 2025: 433 institutionsQ3 2025: 460 institutionsQ4 2025: 496 institutionsQ1 2026: 507 institutionsQ2 2026: 547 institutions
Value heldQ4 2025: $5.81B
Q1 2021: $4.03BQ2 2021: $4.16BQ3 2021: $3.91BQ4 2021: $3.95BQ1 2022: $4.53BQ2 2022: $4.48BQ3 2022: $3.99BQ4 2022: $4.19BQ1 2023: $3.97BQ2 2023: $3.47BQ3 2023: $3.48BQ4 2023: $3.77BQ1 2024: $4.27BQ2 2024: $3.95BQ3 2024: $4.65BQ4 2024: $4.90BQ1 2025: $5.60BQ2 2025: $5.48BQ3 2025: $5.70BQ4 2025: $5.81BQ1 2026: $5.44BQ2 2026: $6.84B
Institutions holding THG and their total value by quarter
QuarterHoldersValue
Q2 2026547$6.84B
Q1 2026507$5.44B
Q4 2025496$5.81B
Q3 2025460$5.70B
Q2 2025433$5.48B
Q1 2025437$5.60B
Q4 2024405$4.90B
Q3 2024377$4.65B
Q2 2024369$3.95B
Q1 2024347$4.27B
Q4 2023343$3.77B
Q3 2023335$3.48B
Q2 2023337$3.47B
Q1 2023350$3.97B
Q4 2022356$4.19B
Q3 2022332$3.99B
Q2 2022356$4.48B
Q1 2022358$4.53B
Q4 2021352$3.95B
Q3 2021325$3.91B
Q2 2021328$4.16B
Q1 2021351$4.03B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Hanover Insurance Group, Inc.; share changes are against Q3 2025.

Institutions holding THG in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Bank of Nova Scotia7,702$1.41M0.00%+5,370+230.3%Added
Delphi Management Inc7,799$1.43M1.39%+98+1.3%Added
Hunter Perkins Capital Management, LLC7,920$1.45M0.33%−655−7.6%Reduced
Northwestern Mutual Investment Management Company, LLC7,961$1.46M0.02%−12−0.2%Reduced
Toroso Investments, LLC7,979$1.46M0.01%+2,015+33.8%Added
Oak Thistle LLC8,078$1.48M0.21%+365+4.7%Added
O'Shaughnessy Asset Management, LLC8,381$1.53M0.01%+3,389+67.9%Added
State of Michigan Retirement System8,432$1.54M0.01%−100−1.2%Reduced
Sit Investment Associates Inc8,600$1.57M0.03%−3,300−27.7%Reduced
Picton Mahoney Asset Management8,652$1.58M0.02%+3,867+80.8%Added
Commonwealth of Pennsylvania Public School Empls Retrmt Sys8,905$1.63M0.01%−276−3.0%Reduced
Captrust Financial Advisors9,038$1.65M0.00%+564+6.7%Added
Ironwood Investment Management LLC9,315$1.70M0.72%−16−0.2%Reduced
Bank of Montreal9,404$1.72M0.00%−51−0.5%Reduced
Expect Equity LLC9,704$1.77M1.46%−1,444−13.0%Reduced
Guggenheim Capital LLC9,708$1.77M0.01%−718−6.9%Reduced
Thrivent Financial for Lutherans9,733$1.78M0.00%−205−2.1%Reduced
Louisiana State Employees Retirement System9,800$1.79M0.03%−200−2.0%Reduced
Castlekeep Investment Advisors LLC9,811$1.79M0.81%00.0%Unchanged
Arizona State Retirement System9,984$1.82M0.01%−645−6.1%Reduced
Commonwealth Equity Services, LLC10,055$1.84M0.00%−16−0.2%Reduced
Pinnacle Associates Ltd10,103$1.85M0.02%−1,865−15.6%Reduced
Mercer Global Advisors Inc10,231$1.87M0.00%+2,348+29.8%Added
KLP Kapitalforvaltning AS10,300$1.88M0.01%+300+3.0%Added
Handelsbanken Fonder AB10,437$1.91M0.01%+1,800+20.8%Added
Yousif Capital Management, LLC11,369$1.94M0.02%−335−2.9%Reduced
Royal Bank of Canada10,804$1.98M0.00%−9,130−45.8%Reduced
SummitTX Capital, L.P.11,054$2.02M0.06%+4,420+66.6%Added
AMG National Trust Bank11,106$2.03M0.05%+274+2.5%Added
Zurcher Kantonalbank (Zurich Cantonalbank)11,250$2.06M0.00%+341+3.1%Added
Public Employees Retirement System of Ohio11,474$2.10M0.01%−546−4.5%Reduced
Teachers Retirement System of the State of Kentucky11,731$2.14M0.02%00.0%Unchanged
BNP Paribas Arbitrage, SA11,880$2.17M0.00%+1,566+15.2%Added
State of New Jersey Common Pension Fund D11,908$2.18M0.01%−309−2.5%Reduced
Wealth Enhancement Advisory Services, LLC12,931$2.29M0.00%+2,807+27.7%Added
Federation des caisses Desjardins du Quebec12,796$2.34M0.01%00.0%Unchanged
Susquehanna Fundamental Investments, LLC12,812$2.34M0.08%+9,733+316.1%Added
State of Tennessee, Treasury Department13,808$2.40M0.01%−591−4.1%Reduced
Boston Partners13,322$2.43M0.00%−13,078−49.5%Reduced
Nisa Investment Advisors, LLC13,418$2.45M0.01%00.0%Unchanged
Capula Management Ltd13,434$2.46M0.02%+3,100+30.0%Added
Linden Thomas Advisory Services, LLC13,564$2.48M0.25%+271+2.0%Added
SG Americas Securities, LLC13,699$2.50M0.00%+12,396+951.3%Added
Lazard Asset Management LLC13,828$2.53M0.00%+388+2.9%Added
Lowe Brockenbrough & Co Inc13,859$2.53M0.12%00.0%Unchanged
Leuthold Group, LLC14,193$2.59M0.28%−36−0.3%Reduced
Pullen Investment Management, LLC14,429$2.64M1.39%+36+0.3%Added
Man Group plc14,709$2.69M0.01%+6,639+82.3%Added
Mutual of America Capital Management LLC14,810$2.71M0.03%−1,711−10.4%Reduced
Mubadala Investment Co PJSC14,812$2.71M0.02%+14,812New
Treasurer of the State of North Carolina14,819$2.71M0.01%−1,281−8.0%Reduced
Mariner, LLC14,820$2.71M0.00%+5,415+57.6%Added
Police & Firemen's Retirement System of New Jersey14,845$2.71M0.02%−1,218−7.6%Reduced
State of Alaska, Department of Revenue14,932$2.73M0.03%−370−2.4%Reduced
Two Sigma Investments, LP14,949$2.73M0.00%−16,066−51.8%Reduced
Deutsche Bank AG15,495$2.83M0.00%−122−0.8%Reduced
Amalgamated Bank15,720$2.87M0.02%−722−4.4%Reduced
Illinois Municipal Retirement Fund15,841$2.90M0.04%−2,387−13.1%Reduced
Engineers Gate Manager LP16,008$2.93M0.03%+14,598+1,035.3%Added
Squarepoint Ops LLC16,128$2.95M0.01%+9,114+129.9%Added
Agf Management Ltd16,150$2.95M0.01%−2,468−13.3%Reduced
Quest Partners LLC16,323$2.98M0.17%+3,027+22.8%Added
Robeco Institutional Asset Management B.V.16,497$3.02M0.00%00.0%Unchanged
Oppenheimer & Co Inc16,696$3.05M0.04%−42−0.3%Reduced
MetLife Investment Management17,384$3.18M0.02%−1,003−5.5%Reduced
Bessemer Group Inc17,834$3.26M0.01%+17,301+3,246.0%Added
Madison Asset Management, LLC17,915$3.27M0.04%+115+0.6%Added
Wells Fargo & Company18,040$3.30M0.00%−3,386−15.8%Reduced
New Age Alpha Advisors, LLC18,208$3.33M0.14%−12,996−41.6%Reduced
Colony Group, LLC18,227$3.33M0.00%+3,549+24.2%Added
Y-Intercept (Hong Kong) Ltd18,257$3.34M0.07%+18,257New
Hillsdale Investment Management Inc.18,300$3.34M0.09%00.0%Unchanged
New York State Common Retirement Fund18,639$3.41M0.00%+180+1.0%Added
Comerica Bank18,879$3.45M0.01%−1,322−6.5%Reduced
Citigroup Inc18,993$3.47M0.00%+4,937+35.1%Added
Stifel Financial Corp19,285$3.52M0.00%+92+0.5%Added
Palisade Capital Management LLC19,933$3.64M0.11%−1,345−6.3%Reduced
LPL Financial LLC20,376$3.72M0.00%+3,748+22.5%Added
Algert Global LLC20,910$3.82M0.06%+4,610+28.3%Added
Great West Life Assurance Co20,947$3.83M0.01%−1,054−4.8%Reduced
Los Angeles Capital Management LLC22,891$3.90M0.01%−45−0.2%Reduced
CWM, LLC21,590$3.95M0.01%+1,885+9.6%Added
Prudential Financial Inc21,654$3.96M0.00%−2,626−10.8%Reduced
MML Investors Services, LLC21,936$4.01M0.01%+590+2.8%Added
Wedge Capital Management L L P21,958$4.01M0.07%−391−1.7%Reduced
Horizon Investments, LLC22,112$4.04M0.05%+3,652+19.8%Added
Universal- Beteiligungs- und Servicegesellschaft mbH22,744$4.16M0.01%+19,696+646.2%Added
Goelzer Investment Management, Inc.23,366$4.27M0.20%−328−1.4%Reduced
State Board of Administration of Florida Retirement System23,783$4.35M0.01%00.0%Unchanged
BNP PARIBAS ASSET MANAGEMENT Holding S.A.24,901$4.55M0.01%+136+0.5%Added
LSV Asset Management25,300$4.62M0.01%+23,800+1,586.7%Added
Manufacturers Life Insurance Company, The25,825$4.72M0.00%−794−3.0%Reduced
Bridgewater Associates, LP26,030$4.76M0.02%−20,465−44.0%Reduced
CoreCap Advisors, LLC26,037$4.76M0.17%+3,256+14.3%Added
Pathstone Holdings, LLC26,461$4.84M0.02%+913+3.6%Added
Sterling Capital Management LLC26,876$4.91M0.08%−4,598−14.6%Reduced
Intech Investment Management LLC26,950$4.93M0.04%+26,950New
Peregrine Capital Management LLC27,499$5.03M0.15%−1,365−4.7%Reduced
Healthcare of Ontario Pension Plan Trust Fund29,000$5.30M0.01%+29,000New
HSBC Holdings PLC29,787$5.47M0.00%+14,633+96.6%Added