Progressive
PGR
1,840 hedge funds and large institutions have $143B invested in Progressive in 2025 Q1 according to their latest regulatory filings, with 231 funds opening new positions, 725 increasing their positions, 663 reducing their positions, and 124 closing their positions.
86% more first-time investments, than exits
New positions opened: 231 | Existing positions closed: 124
37% more funds holding in top 10
Funds holding in top 10: 70 → 96 (+26)
19% more capital invested
Capital invested by funds: $121B → $143B (+$22.7B)
4% more funds holding
Funds holding: 1,761 → 1,840 (+79)
9% more repeat investments, than reductions
Existing positions increased: 725 | Existing positions reduced: 663
8% more call options, than puts
Call options by funds: $502M | Put options by funds: $465M
0.48% more ownership
Funds ownership: 86.02% → 86.5% (+0.48%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$830M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$634M |
| 3 |
JP Morgan Chase
New York
|
+$617M |
| 4 |
Morgan Stanley
New York
|
+$536M |
| 5 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$443M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$736M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$359M |
| 3 |
Two Sigma Advisers
New York
|
-$330M |
| 4 |
Viking Global Investors
Stamford,
Connecticut
|
-$289M |
| 5 |
Two Sigma Investments
New York
|
-$244M |
PGR Hedge Fund Activity: Q1 2025 in Review
1,840 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Progressive (PGR) for Q1 2025, worth a combined $143B — up 19% from $121B a quarter earlier.
Buyers outnumbered sellers: 231 funds opened new PGR positions and 124 closed out — a net gain of 107 holders — while 725 added to existing stakes and 663 trimmed.
The largest buyer was GQG Partners, adding an estimated $830M. The largest seller was Wellington Management Group, cutting an estimated $736M.
- 1,840 institutional investors held Progressive (PGR) as of Q1 2025, up from 1,761 in Q4 2024.
- Funds reported $143B of Progressive stock for Q1 2025, up 19% quarter-over-quarter.
- 231 funds opened new Progressive positions in Q1 2025 and 124 closed out, a net change of +107 holders.
- The largest Progressive buyer in Q1 2025 was GQG Partners, an estimated $830M added.
- The largest Progressive seller in Q1 2025 was Wellington Management Group, an estimated $736M sold.
Based on aggregated 13F filings for Q1 2025.