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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
PSC
626
Prentiss Smith & Co
Vermont
$244K
LSAG
627
Lake Street Advisors Group
New Hampshire
$241K -$171K -2,665 -44%
WSFS
628
Wilmington Savings Fund Society
Delaware
$238K -$2.32K -36 -1%
MWM
629
Meridian Wealth Management
Kentucky
$233K -$119K -1,850 -36%
YWP
630
YorkBridge Wealth Partners
New York
$232K -$4.44K -69 -2%
SL
631
Signition LP
New York
$230K -$995K -15,471 -83%
MCM
632
MAI Capital Management
Ohio
$226K +$205K +3,186 New
VFA
633
Valeo Financial Advisors
Indiana
$222K -$5.4K -84 -0.1%
CTA
634
Chesley Taft & Associates
Illinois
$222K +$201K +3,120 New
CFG
635
Citizens Financial Group
Rhode Island
$215K
FWCM
636
Ferguson Wellman Capital Management
Oregon
$213K +$193K +3,000 New
MA
637
Mutual Advisors
Nebraska
$211K +$191K +2,967 New
SFP
638
Shepherd Financial Partners
Massachusetts
$210K
GWM
639
Geneos Wealth Management
Colorado
$208K +$159K +2,474 +529%
Baird Financial Group
640
Baird Financial Group
Wisconsin
$208K +$189K +2,945 New
HAG
641
HighPoint Advisor Group
Illinois
$208K +$191K +2,966 New
WAM
642
Weiss Asset Management
Massachusetts
$206K +$187K +2,903 New
CFB
643
Cullen/Frost Bankers
Texas
$204K -$75.4K -1,172 -29%
BWP
644
Baldwin Wealth Partners
Massachusetts
$204K -$38.1K -592 -17%
NSIM
645
North Star Investment Management
Illinois
$198K
IUHSA
646
Itau Unibanco Holding S.A.
Brazil
$194K -$192K -2,985 -52%
C
647
Cerebellum
California
$189K -$11.7K -182 -6%
S
648
SignatureFD
Georgia
$178K +$16.5K +257 +11%
FPFS
649
First Personal Financial Services
North Carolina
$171K -$12.2K -189 -7%
EDRH
650
Edmond de Rothschild Holding
Switzerland
$164K -$75.1K -1,167 -34%

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.