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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
Envestnet Asset Management
551
Envestnet Asset Management
Illinois
$435K -$721K -11,212 -65%
CPA
552
Capital Planning Advisors
California
$434K
CA
553
Cortland Associates
Missouri
$434K
MSA
554
Marino Stram & Associates
Massachusetts
$433K
DWM
555
Darwin Wealth Management
Florida
$427K +$8.68K +135 +2%
GT
556
Glenview Trust
Kentucky
$426K
CTC
557
Central Trust Company
Missouri
$423K -$69.8K -1,085 -15%
FIM
558
Freedom Investment Management
Connecticut
$420K +$145K +2,258 +58%
RIM
559
Rampart Investment Management
Connecticut
$416K +$279K +4,342 +14%
Qube Research & Technologies (QRT)
560
Qube Research & Technologies (QRT)
United Kingdom
$414K +$55.3K +859 +17%
TFA
561
Transamerica Financial Advisors
Florida
$413K -$21.4K -333 -5%
LOAME
562
Lombard Odier Asset Management (Europe)
United Kingdom
$412K
AWM
563
Avior Wealth Management
Nebraska
$411K -$77.2K -1,200 -17%
JA
564
JLB & Associates
Michigan
$410K +$371K +5,775 New
KA
565
Kovack Advisors
Florida
$409K
PAM
566
Peak Asset Management
Colorado
$406K
WA
567
Winfield Associates
Ohio
$404K
CL
568
Choreo LLC
Illinois
$403K -$108K -1,675 -23%
AIA
569
Armor Investment Advisors
North Carolina
$399K
TA
570
TMD & Associates
Arizona
$398K +$360K +5,596 New
GCC
571
Guardian Capital (Canada)
Ontario, Canada
$396K
BFS
572
Bradley Foster & Sargent
Connecticut
$383K -$25.7K -400 -7%
CAN
573
Cetera Advisor Networks
California
$381K +$124K +1,929 +56%
BP
574
Ballentine Partners
Massachusetts
$376K +$3.35K +52 +1%
PWMAG
575
Pinnacle Wealth Management Advisory Group
New Jersey
$370K -$19.6K -305 -6%

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.