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Progressive

1,002 hedge funds and large institutions have $47.4B invested in Progressive in 2021 Q2 according to their latest regulatory filings, with 85 funds opening new positions, 404 increasing their positions, 363 reducing their positions, and 67 closing their positions.

New
Increased
Maintained
Reduced
Closed

27% more first-time investments, than exits

New positions opened: 85 | Existing positions closed: 67

11% more repeat investments, than reductions

Existing positions increased: 404 | Existing positions reduced: 363

1.15% more ownership

Funds ownership: 82.22%83.38% (+1.2%)

1% more funds holding

Funds holding: 9921,002 (+10)

4% more capital invested

Capital invested by funds: $45.6B → $47.4B (+$1.82B)

17% less call options, than puts

Call options by funds: $152M | Put options by funds: $182M

20% less funds holding in top 10

Funds holding in top 10: 3528 (-7)

Holders
1,002
Holders Change
+10
Holders Change %
+1.01%
% of All Funds
17.44%
Holding in Top 10
28
Holding in Top 10 Change
-7
Holding in Top 10 Change %
-20%
% of All Funds
0.49%
New
85
Increased
404
Reduced
363
Closed
67
Calls
$152M
Puts
$182M
Net Calls
-$30.1M
Net Calls Change
+$11.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Baird Financial Group
26
Baird Financial Group
Wisconsin
$321M +$2M +20,257 +0.6%
UBS AM
27
UBS AM
Illinois
$306M -$92.4M -934,323 -23%
Boston Partners
28
Boston Partners
Massachusetts
$303M -$50M -505,980 -14%
Mackenzie Financial
29
Mackenzie Financial
Ontario, Canada
$298M -$100M -1,015,035 -25%
FMI
30
Fiduciary Management Inc
Wisconsin
$298M +$8.67M +87,658 +3%
T. Rowe Price Associates
31
T. Rowe Price Associates
Maryland
$285M -$4.41M -44,540 -2%
Sumitomo Mitsui Trust Group
32
Sumitomo Mitsui Trust Group
Japan
$276M -$14.9M -150,424 -5%
Fayez Sarofim & Co
33
Fayez Sarofim & Co
Texas
$272M +$3.52M +35,542 +1%
N
34
Nuveen
North Carolina
$268M -$50.3M -508,902 -16%
LCOV
35
London Company of Virginia
Virginia
$267M +$200M +2,021,445 +291%
Amundi
36
Amundi
France
$261M +$263M +2,656,942 New
Charles Schwab
37
Charles Schwab
California
$259M +$6.31M +63,766 +2%
Dimensional Fund Advisors
38
Dimensional Fund Advisors
Texas
$252M +$24.9M +251,651 +11%
A
39
AustralianSuper
Australia
$240M +$18.9M +191,148 +9%
Swiss National Bank
40
Swiss National Bank
Switzerland
$235M -$36M -364,175 -13%
PG
41
Pendal Group
Australia
$232M +$50.2M +507,163 +27%
BWA
42
Brave Warrior Advisors
New York
$231M -$4.2M -42,456 -2%
Manulife (Manufacturers Life Insurance)
43
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$224M +$14M +141,574 +7%
TAM
44
Timucuan Asset Management
Florida
$216M -$310K -3,136 -0.1%
Morgan Stanley
45
Morgan Stanley
New York
$216M +$27.2M +275,137 +14%
Wells Fargo
46
Wells Fargo
California
$215M -$93.5M -945,064 -30%
APG Asset Management
47
APG Asset Management
Netherlands
$211M -$99.1M -1,002,160 -28%
PPA
48
Parametric Portfolio Associates
Washington
$204M +$162K +1,636 +0.1%
First Trust Advisors
49
First Trust Advisors
Illinois
$203M +$27.6M +279,049 +16%
Capital Research Global Investors
50
Capital Research Global Investors
California
$197M +$57.1K +577 +0%

PGR Hedge Fund Activity: Q2 2021 in Review

1,002 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Progressive (PGR) for Q2 2021, worth a combined $47.4B — up 4% from $45.6B a quarter earlier.

Buyers outnumbered sellers: 85 funds opened new PGR positions and 67 closed out — a net gain of 18 holders — while 404 added to existing stakes and 363 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $406M. The largest seller was Invesco, cutting an estimated $236M.

  • 1,002 institutional investors held Progressive (PGR) as of Q2 2021, up from 992 in Q1 2021.
  • Funds reported $47.4B of Progressive stock for Q2 2021, up 4% quarter-over-quarter.
  • 85 funds opened new Progressive positions in Q2 2021 and 67 closed out, a net change of +18 holders.
  • The largest Progressive buyer in Q2 2021 was JP Morgan Chase, an estimated $406M added.
  • The largest Progressive seller in Q2 2021 was Invesco, an estimated $236M sold.

Based on aggregated 13F filings for Q2 2021.