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Progressive

983 hedge funds and large institutions have $44B invested in Progressive in 2021 Q3 according to their latest regulatory filings, with 85 funds opening new positions, 380 increasing their positions, 375 reducing their positions, and 89 closing their positions.

New
Increased
Maintained
Reduced
Closed

62% more call options, than puts

Call options by funds: $195M | Put options by funds: $121M

1% more repeat investments, than reductions

Existing positions increased: 380 | Existing positions reduced: 375

0.46% more ownership

Funds ownership: 83.38%83.84% (+0.46%)

4% less first-time investments, than exits

New positions opened: 85 | Existing positions closed: 89

2% less funds holding

Funds holding: 1,002983 (-19)

7% less capital invested

Capital invested by funds: $47.4B → $44B (-$3.48B)

11% less funds holding in top 10

Funds holding in top 10: 2825 (-3)

Holders
983
Holders Change
-19
Holders Change %
-1.9%
% of All Funds
17.21%
Holding in Top 10
25
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-10.71%
% of All Funds
0.44%
New
85
Increased
380
Reduced
375
Closed
89
Calls
$195M
Puts
$121M
Net Calls
+$74.6M
Net Calls Change
+$105M
Name Holding Trade Value Shares
Change
Change in
Stake
ECM
576
ExodusPoint Capital Management
New York
$863K +$910K +9,551 New
CFS
577
Capital Financial Services
New York
$862K
AF
578
Advisornet Financial
Minnesota
$852K +$72.4K +760 +9%
CWM
579
Circle Wealth Management
New Jersey
$844K -$142K -1,488 -14%
FAM
580
Formidable Asset Management
Ohio
$818K +$862K +9,048 New
CG
581
Colony Group
Massachusetts
$815K +$69.6K +730 +9%
PDN
582
Pensionfund DSM Netherlands
Netherlands
$814K +$858K +9,000 New
PAM
583
Paradigm Asset Management
New York
$814K -$47.7K -500 -5%
SCM
584
Stevens Capital Management
Pennsylvania
$812K +$856K +8,986 New
WAM
585
Winslow Asset Management
Ohio
$811K -$62K -650 -7%
IIM
586
Ironwood Investment Management
Massachusetts
$807K -$19.1K -200 -2%
TH
587
TCTC Holdings
Texas
$791K
SHGA
588
Sand Hill Global Advisors
California
$791K +$381 +4 +0%
SW
589
SteelPeak Wealth
California
$790K +$97.5K +1,023 +13%
PA
590
Profund Advisors
Maryland
$786K -$26K -273 -3%
FMBTD
591
First Midwest Bank Trust Division
Illinois
$786K +$6.67K +70 +0.8%
FDS
592
Freedom Day Solutions
Texas
$784K +$31.9K +335 +4%
GT
593
Glenview Trust
Kentucky
$779K +$242K +2,543 +42%
CT
594
Chicago Trust
Illinois
$774K +$65.7K +689 +9%
AWM
595
Apollon Wealth Management
South Carolina
$768K +$20.9K +219 +3%
Bank Julius Baer & Co
596
Bank Julius Baer & Co
Switzerland
$756K -$31.9M -334,467 -98%
WSTAM
597
Wilbanks Smith & Thomas Asset Management
Virginia
$751K +$6.58K +69 +0.8%
AT
598
Arden Trust
Delaware
$740K +$4.38K +46 +0.6%
FWCM
599
Ferguson Wellman Capital Management
Oregon
$736K -$96.4K -1,011 -11%
P
600
Pitcairn
Pennsylvania
$730K -$38.1K -400 -5%

PGR Hedge Fund Activity: Q3 2021 in Review

983 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Progressive (PGR) for Q3 2021, worth a combined $44B — down 7.3% from $47.4B a quarter earlier.

Sellers outnumbered buyers: 89 funds closed out of PGR and 85 opened new positions — a net loss of 4 holders — while 375 trimmed existing stakes and 380 added.

The largest buyer was Orbis Allan Gray, opening a new position worth an estimated $430M. The largest seller was Invesco, cutting an estimated $258M.

  • 983 institutional investors held Progressive (PGR) as of Q3 2021, down from 1,002 in Q2 2021.
  • Funds reported $44B of Progressive stock for Q3 2021, down 7.3% quarter-over-quarter.
  • 85 funds opened new Progressive positions in Q3 2021 and 89 closed out, a net change of -4 holders.
  • The largest Progressive buyer in Q3 2021 was Orbis Allan Gray, an estimated $430M added.
  • The largest Progressive seller in Q3 2021 was Invesco, an estimated $258M sold.

Based on aggregated 13F filings for Q3 2021.