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Progressive

884 hedge funds and large institutions have $33.8B invested in Progressive in 2019 Q4 according to their latest regulatory filings, with 115 funds opening new positions, 295 increasing their positions, 361 reducing their positions, and 96 closing their positions.

New
Increased
Maintained
Reduced
Closed

34% more call options, than puts

Call options by funds: $177M | Put options by funds: $133M

20% more first-time investments, than exits

New positions opened: 115 | Existing positions closed: 96

0% more funds holding

Funds holding: 882884 (+2)

0.15% more ownership

Funds ownership: 79.79%79.93% (+0.15%)

6% less capital invested

Capital invested by funds: $35.9B → $33.8B (-$2.08B)

13% less funds holding in top 10

Funds holding in top 10: 3026 (-4)

18% less repeat investments, than reductions

Existing positions increased: 295 | Existing positions reduced: 361

Holders
884
Holders Change
+2
Holders Change %
+0.23%
% of All Funds
17.42%
Holding in Top 10
26
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-13.33%
% of All Funds
0.51%
New
115
Increased
295
Reduced
361
Closed
96
Calls
$177M
Puts
$133M
Net Calls
+$44.5M
Net Calls Change
+$76.6M
Name Holding Trade Value Shares
Change
Change in
Stake
SAM
551
Strategy Asset Managers
California
$656K -$13.2K -183 -2%
MW
552
Marcum Wealth
Ohio
$654K +$652K +9,040 New
SPIA
553
Steward Partners Investment Advisory
New York
$653K +$7.21K +100 +1%
FTC
554
Farmers Trust Company
Ohio
$652K -$7.28K -101 -1%
HR
555
Hardy Reed
Mississippi
$637K +$36K +500 +6%
VFA
556
Voya Financial Advisors
Connecticut
$628K +$76.5K +1,061 +14%
IRF
557
IBM Retirement Fund
New York
$625K -$23.6K -328 -4%
CCM
558
Community Capital Management
Florida
$615K +$180K +2,500 +42%
CCMW
559
Cypress Capital Management (Wyoming)
Wyoming
$615K -$52.3K -725 -8%
WEC
560
Winslow Evans & Crocker
Massachusetts
$614K -$2.6K -36 -0.4%
CB
561
Cadence Bank
Mississippi
$614K +$28.8K +400 +5%
WAM
562
Wealthspire Advisors (Maryland)
Maryland
$613K +$57.5K +797 +10%
MERSOM
563
Municipal Employees' Retirement System of Michigan
Michigan
$599K +$5.77K +80 +1%
WCM
564
WealthBridge Capital Management
Ohio
$587K -$5.41K -75 -0.9%
QCM
565
Quantinno Capital Management
New York
$586K +$584K +8,097 New
MCC
566
Malaga Cove Capital
California
$574K +$571K +7,924 New
FMBTD
567
First Midwest Bank Trust Division
Illinois
$568K -$2.81K -39 -0.5%
CAM
568
Cubic Asset Management
Massachusetts
$565K
C
569
Cerebellum
California
$563K +$138K +1,917 +33%
OC
570
Oppenheimer & Co
New York
$558K -$240K -3,324 -30%
TCM
571
Tradewinds Capital Management
Washington
$556K +$8.29K +115 +2%
YWP
572
YorkBridge Wealth Partners
New York
$551K -$6.49K -90 -1%
BRWA
573
B. Riley Wealth Advisors
Florida
$548K +$117K +1,629 +27%
TSS
574
Two Sigma Securities
New York
$547K +$544K +7,552 New
HIC
575
Harvey Investment Company
Kentucky
$545K

PGR Hedge Fund Activity: Q4 2019 in Review

884 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Progressive (PGR) for Q4 2019, worth a combined $33.8B — down 5.8% from $35.9B a quarter earlier.

Buyers outnumbered sellers: 115 funds opened new PGR positions and 96 closed out — a net gain of 19 holders — while 295 added to existing stakes and 361 trimmed.

The largest buyer was Wellington Management Group, adding an estimated $1.12B. The largest seller was Fidelity Investments, cutting an estimated $379M.

  • 884 institutional investors held Progressive (PGR) as of Q4 2019, up from 882 in Q3 2019.
  • Funds reported $33.8B of Progressive stock for Q4 2019, down 5.8% quarter-over-quarter.
  • 115 funds opened new Progressive positions in Q4 2019 and 96 closed out, a net change of +19 holders.
  • The largest Progressive buyer in Q4 2019 was Wellington Management Group, an estimated $1.12B added.
  • The largest Progressive seller in Q4 2019 was Fidelity Investments, an estimated $379M sold.

Based on aggregated 13F filings for Q4 2019.