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Progressive
PGR

1,762 hedge funds and large institutions have $121B invested in Progressive in 2024 Q4 according to their latest regulatory filings, with 246 funds opening new positions, 683 increasing their positions, 606 reducing their positions, and 112 closing their positions.

New
Increased
Maintained
Reduced
Closed

120% more first-time investments, than exits

New positions opened: 246 | Existing positions closed: 112

14% more call options, than puts

Call options by funds: $574M | Put options by funds: $504M

13% more repeat investments, than reductions

Existing positions increased: 683 | Existing positions reduced: 606

7% more funds holding

Funds holding: 1,654 → 1,762 (+108)

1.22% more ownership

Funds ownership: 84.81% → 86.02% (+1.2%)

4% less capital invested

Capital invested by funds: $126B → $121B (-$5.15B)

11% less funds holding in top 10

Funds holding in top 10: 79 → 70 (-9)

Holders
1,762
Holders Change
+108
Holders Change %
+6.53%
% of All Funds
23.21%
Holding in Top 10
70
Holding in Top 10 Change
-9
Holding in Top 10 Change %
-11.39%
% of All Funds
0.92%
New
246
Increased
683
Reduced
606
Closed
112
Calls
$574M
Puts
$504M
Net Calls
+$70.3M
Net Calls Change
-$43.4M

Top Buyers

Rank Fund Capital Flow
1
BlackRock
BlackRock
New York
+$1.18B
2
JP Morgan Chase
JP Morgan Chase
New York
+$569M
3
GQG Partners
GQG Partners
Florida
+$525M
4
Capital Research Global Investors
Capital Research Global Investors
California
+$390M
5
UBS AM
UBS AM
Illinois
+$230M

Top Sellers

Rank Fund Capital Flow
1
Wellington Management Group
Wellington Management Group
Massachusetts
-$837M
2
Viking Global Investors
Viking Global Investors
Connecticut
-$330M
3
Artisan Partners
Artisan Partners
Wisconsin
-$253M
4
T. Rowe Price Associates
T. Rowe Price Associates
Maryland
-$253M
5
SG Americas Securities
SG Americas Securities
New York
-$206M
Name Holding Trade Value Shares
Change 		Change in
Stake
Bank of New York Mellon
26
Bank of New York Mellon
New York
$1.09B -$111M -440,356 -9%
Fidelity International
27
Fidelity International
Bermuda
$1B -$29.6M -117,681 -3%
Jennison Associates
28
Jennison Associates
New York
$988M -$157M -624,441 -13%
Artisan Partners
29
Artisan Partners
Wisconsin
$952M -$253M -1,004,473 -20%
Charles Schwab
30
Charles Schwab
California
$947M +$29.1M +115,681 +3%
Goldman Sachs
31
Goldman Sachs
New York
$931M +$95.6M +379,745 +11%
Legal & General Group
32
Legal & General Group
United Kingdom
$908M -$1.11M -4,397 -0.1%
Baird Financial Group
33
Baird Financial Group
Wisconsin
$879M +$28.1M +111,659 +3%
Amundi
34
Amundi
France
$793M +$48.3M +192,013 +6%
ECU
35
Egerton Capital (UK)
United Kingdom
$677M +$821K +3,262 +0.1%
UBS Group
36
UBS Group
Switzerland
$612M +$6.05M +24,018 +0.9%
California Public Employees Retirement System
37
California Public Employees Retirement System
California
$597M +$9.05M +35,954 +1%
Neuberger Berman Group
38
Neuberger Berman Group
New York
$594M -$24.3M -96,370 -4%
Qube Research & Technologies (QRT)
39
Qube Research & Technologies (QRT)
United Kingdom
$591M +$191M +760,108 +45%
American Century Companies
40
American Century Companies
Missouri
$585M -$38.4M -152,697 -6%
Royal Bank of Canada
41
Royal Bank of Canada
Ontario, Canada
$537M +$66.7M +265,039 +13%
Fayez Sarofim & Co
42
Fayez Sarofim & Co
Texas
$537M +$1.52M +6,023 +0.3%
Viking Global Investors
43
Viking Global Investors
Connecticut
$521M -$330M -1,312,172 -38%
Sumitomo Mitsui Trust Group
44
Sumitomo Mitsui Trust Group
Japan
$452M -$7.83M -31,118 -2%
LCOV
45
London Company of Virginia
Virginia
$449M -$24.4M -96,822 -5%
AQR Capital Management
46
AQR Capital Management
Connecticut
$435M -$20.7M -82,353 -4%
TD Asset Management
47
TD Asset Management
Ontario, Canada
$435M +$20M +79,514 +5%
Dimensional Fund Advisors
48
Dimensional Fund Advisors
Texas
$433M +$44.5M +176,714 +11%
Envestnet Asset Management
49
Envestnet Asset Management
Illinois
$428M +$13.2M +52,518 +3%
Bank Julius Baer & Co
50
Bank Julius Baer & Co
Switzerland
$425M +$56.9M +225,837 +16%
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PGR Hedge Fund Activity: Q4 2024 in Review

1,762 of the 7,593 institutional investors tracked by Wall St. Rank reported a position in Progressive (PGR) for Q4 2024, worth a combined $121B — down 4.1% from $126B a quarter earlier.

Buyers outnumbered sellers: 246 funds opened new PGR positions and 112 closed out — a net gain of 134 holders — while 683 added to existing stakes and 606 trimmed.

The largest buyer was BlackRock, adding an estimated $1.18B. The largest seller was Wellington Management Group, cutting an estimated $837M.

  • 1,762 institutional investors held Progressive (PGR) as of Q4 2024, up from 1,654 in Q3 2024.
  • Funds reported $121B of Progressive stock for Q4 2024, down 4.1% quarter-over-quarter.
  • 246 funds opened new Progressive positions in Q4 2024 and 112 closed out, a net change of +134 holders.
  • The largest Progressive buyer in Q4 2024 was BlackRock, an estimated $1.18B added.
  • The largest Progressive seller in Q4 2024 was Wellington Management Group, an estimated $837M sold.

Based on aggregated 13F filings for Q4 2024.