We are live on ! Find out more
PGR icon

Progressive
PGR

420 hedge funds and large institutions have $10.9B invested in Progressive in 2014 Q2 according to their latest regulatory filings, with 58 funds opening new positions, 127 increasing their positions, 161 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

107% more first-time investments, than exits

New positions opened: 58 | Existing positions closed: 28

7% more funds holding

Funds holding: 394 → 420 (+26)

0% more capital invested

Capital invested by funds: $10.9B → $10.9B (+$9.99M)

0% more funds holding in top 10

Funds holding in top 10: 6 → 6 (0)

3.15% less ownership

Funds ownership: 76.02% → 72.87% (-3.1%)

21% less repeat investments, than reductions

Existing positions increased: 127 | Existing positions reduced: 161

63% less call options, than puts

Call options by funds: $1.24M | Put options by funds: $3.35M

Holders
420
Holders Change
+26
Holders Change %
+6.6%
% of All Funds
12.07%
Holding in Top 10
6
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.17%
New
58
Increased
127
Reduced
161
Closed
28
Calls
$1.24M
Puts
$3.35M
Net Calls
-$2.1M
Net Calls Change
-$2.29M

Top Buyers

1
Pzena Investment Management
Pzena Investment Management
New York
+$69.2M
2
Two Sigma Investments
Two Sigma Investments
New York
+$63.4M
3
Capital Research Global Investors
Capital Research Global Investors
California
+$62.6M
4
Norges Bank
Norges Bank
Norway
+$56M
5
Two Sigma Advisers
Two Sigma Advisers
New York
+$45.9M

Top Sellers

1
DSA
Davis Selected Advisers
Arizona
-$670M
2
Macquarie Group
Macquarie Group
Australia
-$354M
3
Capital World Investors
Capital World Investors
California
-$71.4M
4
Baillie Gifford & Co
Baillie Gifford & Co
United Kingdom
-$67.8M
5
Public Sector Pension Investment Board (PSP Investments)
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
-$51.7M
Name Holding Trade Value Shares
Change 		Change in
Stake
GSC
401
Ground Swell Capital
South Carolina
$16K +$15.2K +614 New
CTC
402
Central Trust Company
Missouri
$14K – – –
GAM
403
Gemmer Asset Management
California
$13K – – –
CHC
404
City Holding Co
West Virginia
$12K – – –
HR
405
Howe & Rusling
New York
$12K +$11.9K +482 New
FMP
406
Financial Management Professionals
Texas
$10K – – –
HRIA
407
Haberer Registered Investment Advisor
Ohio
$10K – – –
Envestnet Asset Management
408
Envestnet Asset Management
Illinois
$9K -$18.3K -740 -66%
MFS
409
MSI Financial Services
Massachusetts
$9K – – –
MUMSS
410
Mitsubishi UFJ Morgan Stanley Securities
Japan
$9K +$6.44K +260 +236%
TWA
411
TCI Wealth Advisors
Arizona
$8K – – –
BFEC
412
Benjamin F. Edwards & Company
Missouri
$7K – – –
EFSCE
413
Enterprise Financial Services Corp (EFSC)
Missouri
$6K – – –
CAW
414
Cornerstone Advisors (Washington)
Washington
$5K +$1.56K +63 +44%
TFO
415
Tarbox Family Office
California
$4K – – –
JIC
416
Joel Isaacson & Co
New York
$3K – – –
ACS
417
Archford Capital Strategies
Illinois
$2.76K +$2.7K +109 New
BOK
418
Bank of Kentucky
Kentucky
$2K – – –
S
419
SignatureFD
Georgia
$2K +$1.76K +71 New
Capital World Investors
420
Capital World Investors
California
– -$71.4M -2,950,000 Closed
SIG
421
Schooner Investment Group
Pennsylvania
– -$3.63M -150,000 Closed
CIS
422
Capital International Sarl
California
– -$1.86M -77,000 Closed
CII
423
Capital International Inc
California
– -$1.7M -70,002 Closed
DC
424
Deere & Company
Illinois
– -$1.61M -66,507 Closed
Wellington Management Group
425
Wellington Management Group
Massachusetts
– -$1.26M -51,923 Closed
14 15 16
17
18

PGR Hedge Fund Activity: Q2 2014 in Review

420 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Progressive (PGR) for Q2 2014, worth a combined $10.9B — up 0.09% from $10.9B a quarter earlier.

Buyers outnumbered sellers: 58 funds opened new PGR positions and 28 closed out — a net gain of 30 holders — while 127 added to existing stakes and 161 trimmed.

The largest buyer was Pzena Investment Management, adding an estimated $69.2M. The largest seller was Davis Selected Advisers, cutting an estimated $670M.

  • 420 institutional investors held Progressive (PGR) as of Q2 2014, up from 394 in Q1 2014.
  • Funds reported $10.9B of Progressive stock for Q2 2014, up 0.09% quarter-over-quarter.
  • 58 funds opened new Progressive positions in Q2 2014 and 28 closed out, a net change of +30 holders.
  • The largest Progressive buyer in Q2 2014 was Pzena Investment Management, an estimated $69.2M added.
  • The largest Progressive seller in Q2 2014 was Davis Selected Advisers, an estimated $670M sold.

Based on aggregated 13F filings for Q2 2014.