Which funds own THG
Hanover Ins Group Inc in the Q2 2026 filings. At least 3 of the 91 current managers on file reported a position, worth $134m between them. It is among the largest positions of fewer than a fifth of the current managers on file. Buying and selling roughly cancelled this quarter, which is what a name looks like when the argument is still live.
- Managers holding
- 3
- at least, of 91 current
- Combined value
- $134m
- as reported
- Opened
- 0
- new this quarter
- Added to
- 1
- already held
- Trimmed or sold out
- 3
- 2 sold out entirely
Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.
Managers reporting a position
Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.
| Manager | Value | Weight | Shares | Change on the quarter | Action |
|---|---|---|---|---|---|
| Woodline Partners LP Long/short equity · $32.4bn book | $69m | 0.2% | 321,972 | -$3.7m-97,008 | Trimmed |
| Markel Group Inc Activist · $13.1bn book | $60m | 0.5% | 281,000 | +$12m0 | Held |
| Winton Group Ltd Quantitative · $3.1bn book | $5.3m | 0.2% | 24,761 | +$5.0m+23,161 | Added |
Sold out of this quarter
Valued at what the position was worth in the previous filing, because by this one it is gone.
- Balyasny Asset Management LLC · Multi-strategy$25m held before
- Quantbot Technologies LP · Quantitative$1.8m held before
Ownership through time
At least 8 of the 95 managers whose filings are on file listed THG in Q2 2026, against 3 in Q2 2013. The same number as in Q1 2026: 2 listed it again; 2 no longer listed it among the positions read, which can mean a holding below the listed range or a filing not yet made.
Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.
- Q2 2013: 3
- Q3 2013: 2
- Q4 2013: 2
- Q1 2014: 1
- Q2 2014: 3
- Q3 2014: 3
- Q4 2014: 6
- Q1 2015: 3
- Q2 2015: 3
- Q3 2015: 5
- Q4 2015: 4
- Q1 2016: 3
- Q2 2016: 5
- Q3 2016: 6
- Q4 2016: 8
- Q1 2017: 8
- Q2 2017: 7
- Q3 2017: 7
- Q4 2017: 8
- Q1 2018: 7
- Q2 2018: 6
- Q3 2018: 7
- Q4 2018: 12
- Q1 2019: 9
- Q2 2019: 10
- Q3 2019: 12
- Q4 2019: 12
- Q1 2020: 11
- Q2 2020: 12
- Q3 2020: 9
- Q4 2020: 7
- Q1 2021: 6
- Q2 2021: 5
- Q3 2021: 4
- Q4 2021: 5
- Q1 2022: 6
- Q2 2022: 7
- Q3 2022: 7
- Q4 2022: 8
- Q1 2023: 9
- Q2 2023: 7
- Q3 2023: 7
- Q4 2023: 6
- Q1 2024: 6
- Q2 2024: 9
- Q3 2024: 10
- Q4 2024: 9
- Q1 2025: 10
- Q2 2025: 10
- Q3 2025: 12
- Q4 2025: 9
- Q1 2026: 8
- Q2 2026: 8
- Q2 2013: $165m
- Q3 2013: $162m
- Q4 2013: $137m
- Q1 2014: $891k
- Q2 2014: $5.2m
- Q3 2014: $6.9m
- Q4 2014: $146m
- Q1 2015: $124m
- Q2 2015: $156m
- Q3 2015: $173m
- Q4 2015: $157m
- Q1 2016: $172m
- Q2 2016: $159m
- Q3 2016: $207m
- Q4 2016: $254m
- Q1 2017: $250m
- Q2 2017: $319m
- Q3 2017: $303m
- Q4 2017: $442m
- Q1 2018: $452m
- Q2 2018: $329m
- Q3 2018: $359m
- Q4 2018: $580m
- Q1 2019: $446m
- Q2 2019: $396m
- Q3 2019: $447m
- Q4 2019: $439m
- Q1 2020: $258m
- Q2 2020: $321m
- Q3 2020: $311m
- Q4 2020: $376m
- Q1 2021: $364m
- Q2 2021: $354m
- Q3 2021: $275m
- Q4 2021: $281m
- Q1 2022: $380m
- Q2 2022: $482m
- Q3 2022: $323m
- Q4 2022: $323m
- Q1 2023: $320m
- Q2 2023: $284m
- Q3 2023: $285m
- Q4 2023: $292m
- Q1 2024: $355m
- Q2 2024: $509m
- Q3 2024: $695m
- Q4 2024: $707m
- Q1 2025: $887m
- Q2 2025: $984m
- Q3 2025: $1.1bn
- Q4 2025: $1.0bn
- Q1 2026: $801m
- Q2 2026: $1.1bn
Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.
Started in Q2 2026
No manager on file started a position.
Largest increases, by shares
- T. Rowe Price Associates Inc1,384,142 to 1,831,579 shares+$96m
- AQR Capital Management LLC1,013,395 to 1,341,075 shares+$70m
- AllianceBernstein LP831,545 to 909,130 shares+$13m
Largest decreases, by shares
- Woodline Partners LP418,980 to 321,972 shares-$21m
- MFS Investment Management598,786 to 595,647 shares-$672k
Left it
No manager on file is shown leaving it.
| Manager | Value over time | First listed | Largest | Q2 2026 |
|---|---|---|---|---|
| T. Rowe Price Associates Inc | Q2 2024 | $392m | $392m | |
| AQR Capital Management LLC | Q1 2015 | $287m | $287m | |
| AllianceBernstein LP | Q4 2014 | $229m | $158m | |
| MFS Investment Management | Q2 2013 | $238m | $128m | |
| Woodline Partners LP | Q4 2024 | $73m | $69m | |
| Markel Group Inc | Q1 2022 | $60m | $60m | |
| Bridgewater Associates LP | Q1 2018 | $8.4m | $6.0m | |
| Winton Group Ltd | Q2 2014 | $22m | $5.3m | |
| Wellington Management Group LLP | Q2 2013 | $161m | last listed Q2 2022 | |
| Janus Henderson Group Ltd | Q2 2017 | $126m | last listed Q3 2025 | |
| Invesco Ltd | Q4 2017 | $120m | last listed Q1 2019 | |
| Renaissance Technologies LLC | Q4 2014 | $92m | last listed Q1 2019 | |
| Citadel Advisors LLC | Q1 2017 | $75m | last listed Q4 2018 | |
| Balyasny Asset Management LLC | Q2 2024 | $53m | last listed Q4 2025 | |
| Millennium Management LLC | Q4 2016 | $48m | last listed Q2 2017 | |
| Marshall Wace LLP | Q2 2014 | $30m | last listed Q3 2020 | |
| Two Sigma Advisers LP | Q4 2014 | $30m | last listed Q3 2023 | |
| Two Sigma Investments LP | Q4 2014 | $25m | last listed Q3 2023 |
What THG is worth
Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.
Build the comp set around THG →How much of the picture this is
A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.
What to do with a name the funds are buying
Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.
Company names, tickers and logos are the trademarks of their respective owners and appear here to identify the company whose public figures are being used. L3VLUP is not affiliated with, sponsored by or endorsed by any company shown, and nothing here is a statement by or about that company. More
The holdings, every quarter, and the week between
One email a week on what moved in the market and what it means for the people interviewing into it, with the 13F changes the quarter they are filed.
One email a week, free, and you can leave at any point.