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Progressive

762 hedge funds and large institutions have $33.7B invested in Progressive in 2018 Q3 according to their latest regulatory filings, with 81 funds opening new positions, 263 increasing their positions, 293 reducing their positions, and 66 closing their positions.

New
Increased
Maintained
Reduced
Closed

23% more first-time investments, than exits

New positions opened: 81 | Existing positions closed: 66

21% more capital invested

Capital invested by funds: $27.9B → $33.7B (+$5.81B)

1% more funds holding

Funds holding: 756762 (+6)

0% more call options, than puts

Call options by funds: $45.7M | Put options by funds: $45.6M

0.21% more ownership

Funds ownership: 81.34%81.55% (+0.21%)

3% less funds holding in top 10

Funds holding in top 10: 3029 (-1)

10% less repeat investments, than reductions

Existing positions increased: 263 | Existing positions reduced: 293

Holders
762
Holders Change
+6
Holders Change %
+0.79%
% of All Funds
17.42%
Holding in Top 10
29
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-3.33%
% of All Funds
0.66%
New
81
Increased
263
Reduced
293
Closed
66
Calls
$45.7M
Puts
$45.6M
Net Calls
+$124K
Net Calls Change
+$22.1M
Name Holding Trade Value Shares
Change
Change in
Stake
BAM
501
Belpointe Asset Management
Nevada
$723K +$60.9K +947 +10%
HighTower Advisors
502
HighTower Advisors
Illinois
$722K +$109K +1,702 +20%
MIH
503
Meitav Investment House
Israel
$721K -$255K -3,967 -28%
NBG
504
Nancy B. Gardiner
$711K +$644K +10,009 New
FTC
505
Farmers Trust Company
Ohio
$706K -$11.3K -175 -2%
MC
506
Menta Capital
California
$688K +$623K +9,678 New
UCFA
507
United Capital Financial Advisors
Texas
$680K -$52.9K -822 -8%
FMBTD
508
First Midwest Bank Trust Division
Illinois
$676K +$120K +1,860 +24%
IRF
509
IBM Retirement Fund
New York
$675K -$106K -1,642 -15%
FMT
510
First Mercantile Trust
Tennessee
$667K +$604K +9,390 New
PP
511
Prudential plc
United Kingdom
$663K +$113K +1,759 +23%
SIM
512
Sentry Investment Management
Wisconsin
$661K +$598K +9,298 New
BWM
513
Biltmore Wealth Management
Arizona
$661K +$599K +9,307 New
CA
514
Calton & Associates
Florida
$658K +$13.1K +204 +2%
Massachusetts Financial Services
515
Massachusetts Financial Services
Massachusetts
$642K -$295K -4,581 -34%
HB
516
Homrich & Berg
Georgia
$639K +$310K +4,814 +115%
SWP
517
Strategic Wealth Partners
Ohio
$627K +$563K +8,747 +10,413%
SWP
518
Stratos Wealth Partners
Ohio
$624K -$61.3K -953 -10%
AF
519
Advisornet Financial
Minnesota
$618K -$26K -404 -4%
CB
520
Cadence Bank
Mississippi
$616K +$17.2K +267 +3%
FAM
521
Flaharty Asset Management
Florida
$607K
WEC
522
Winslow Evans & Crocker
Massachusetts
$604K
MME
523
Meag Munich Ergo
Germany
$595K
AT
524
Arden Trust
Delaware
$593K -$22.3K -346 -4%
TCM
525
Teza Capital Management
Illinois
$588K -$550K -8,551 -51%

PGR Hedge Fund Activity: Q3 2018 in Review

762 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Progressive (PGR) for Q3 2018, worth a combined $33.7B — up 21% from $27.9B a quarter earlier.

Buyers outnumbered sellers: 81 funds opened new PGR positions and 66 closed out — a net gain of 15 holders — while 263 added to existing stakes and 293 trimmed.

The largest buyer was Wellington Management Group, adding an estimated $242M. The largest seller was T. Rowe Price Associates, cutting an estimated $428M.

  • 762 institutional investors held Progressive (PGR) as of Q3 2018, up from 756 in Q2 2018.
  • Funds reported $33.7B of Progressive stock for Q3 2018, up 21% quarter-over-quarter.
  • 81 funds opened new Progressive positions in Q3 2018 and 66 closed out, a net change of +15 holders.
  • The largest Progressive buyer in Q3 2018 was Wellington Management Group, an estimated $242M added.
  • The largest Progressive seller in Q3 2018 was T. Rowe Price Associates, an estimated $428M sold.

Based on aggregated 13F filings for Q3 2018.