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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
DWT
601
Dorsey & Whitney Trust
South Dakota
$458K +$108K +1,504 +31%
MWM
602
Meridian Wealth Management
Kentucky
$453K -$357K -4,946 -44%
CC
603
ClearArc Capital
Ohio
$452K -$184K -2,557 -29%
ALAM
604
Asahi Life Asset Management
Japan
$452K +$15.9K +220 +4%
TNB
605
TCF National Bank
South Dakota
$447K +$45K +624 +11%
FDCC
606
Foster Dykema Cabot & Co
Massachusetts
$444K
CPA
607
Capital Planning Advisors
California
$442K
MSA
608
Marino Stram & Associates
Massachusetts
$441K
AIM
609
Achmea Investment Management
Netherlands
$432K -$4.92M -68,279 -92%
LOAME
610
Lombard Odier Asset Management (Europe)
United Kingdom
$420K
DP
611
Dearborn Partners
Illinois
$412K +$93.3K +1,294 +29%
AIA
612
Armor Investment Advisors
North Carolina
$406K
AIC
613
Argus Investors Counsel
New York
$403K +$44.9K +623 +13%
FAAS
614
First Allied Advisory Services
California
$395K -$488K -6,769 -55%
BIM
615
Baldwin Investment Management
Pennsylvania
$389K
CG
616
Cutler Group
California
$389K +$22.3K +310 +6%
SC
617
Savant Capital
Illinois
$386K -$721 -10 -0.2%
DCM
618
Donaldson Capital Management
Indiana
$385K +$88K +1,220 +30%
SCM
619
Stonehearth Capital Management
Massachusetts
$382K
WDA
620
Wendell David Associates
New Hampshire
$378K
CCA
621
Checchi Capital Advisers
California
$376K -$88.2K -1,223 -19%
GIA
622
Gateway Investment Advisers
Ohio
$375K -$54.7K -759 -13%
CIC
623
Crawford Investment Counsel
Georgia
$375K
AWM
624
Argent Wealth Management
Massachusetts
$375K +$373K +5,175 New
TFA
625
Teamwork Financial Advisors
Texas
$375K +$373K +5,181 New

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.