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Progressive

986 hedge funds and large institutions have $47.5B invested in Progressive in 2020 Q4 according to their latest regulatory filings, with 126 funds opening new positions, 376 increasing their positions, 357 reducing their positions, and 75 closing their positions.

New
Increased
Maintained
Reduced
Closed

68% more first-time investments, than exits

New positions opened: 126 | Existing positions closed: 75

4% more funds holding

Funds holding: 950986 (+36)

5% more repeat investments, than reductions

Existing positions increased: 376 | Existing positions reduced: 357

4% more capital invested

Capital invested by funds: $45.7B → $47.5B (+$1.8B)

0.64% less ownership

Funds ownership: 82.7%82.06% (-0.64%)

26% less funds holding in top 10

Funds holding in top 10: 4634 (-12)

28% less call options, than puts

Call options by funds: $162M | Put options by funds: $224M

Holders
986
Holders Change
+36
Holders Change %
+3.79%
% of All Funds
17.45%
Holding in Top 10
34
Holding in Top 10 Change
-12
Holding in Top 10 Change %
-26.09%
% of All Funds
0.6%
New
126
Increased
376
Reduced
357
Closed
75
Calls
$162M
Puts
$224M
Net Calls
-$62.1M
Net Calls Change
-$73.8M
Name Holding Trade Value Shares
Change
Change in
Stake
LWA
626
Lineweaver Wealth Advisors
Ohio
$655K +$52.4K +554 +9%
DWT
627
Dorsey & Whitney Trust
South Dakota
$653K +$3.5K +37 +0.6%
FTDI
628
First Trust Direct Indexing
Massachusetts
$653K +$625K +6,609 New
DP
629
Dearborn Partners
Illinois
$644K +$33K +349 +6%
FAM
630
Fred Alger Management
New York
$625K -$181M -1,911,816 -100%
MSA
631
Marino Stram & Associates
Massachusetts
$619K +$12K +127 +2%
CG
632
CFO4Life Group
Texas
$612K +$6.43K +68 +1%
FDCC
633
Foster Dykema Cabot & Co
Massachusetts
$608K
CPA
634
Capital Planning Advisors
California
$606K +$2.37K +25 +0.4%
KAS
635
Kestra Advisory Services
Texas
$606K +$586K +6,196 +22,129%
Two Sigma Advisers
636
Two Sigma Advisers
New York
$603K -$14.2M -150,300 -96%
CAM
637
Cresset Asset Management
Illinois
$601K +$18.4K +195 +3%
EF
638
Empirical Finance
Pennsylvania
$601K +$98.4K +1,040 +21%
NA
639
NewEdge Advisors
Louisiana
$586K +$24.3K +257 +5%
ACA
640
Atlas Capital Advisors
Wyoming
$583K +$346K +3,662 +164%
BAM
641
Berkshire Asset Management
Pennsylvania
$582K +$103K +1,089 +23%
Verition Fund Management
642
Verition Fund Management
Connecticut
$573K -$20.3K -215 -4%
SFA
643
Source Financial Advisors
New York
$567K +$542K +5,732 New
MWM
644
Meridian Wealth Management
Kentucky
$566K -$15K -159 -3%
RG
645
Rikoon Group
New Mexico
$562K -$2.93K -31 -0.5%
CCA
646
Checchi Capital Advisers
California
$562K +$5.3K +56 +1%
AIA
647
Armor Investment Advisors
North Carolina
$560K +$536K +5,666 New
Qube Research & Technologies (QRT)
648
Qube Research & Technologies (QRT)
United Kingdom
$557K -$10.2M -108,197 -95%
PAS
649
Park Avenue Securities
New York
$556K -$196K -2,072 -27%
ETC
650
Exchange Traded Concepts
Oklahoma
$556K +$109K +1,153 +26%

PGR Hedge Fund Activity: Q4 2020 in Review

986 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Progressive (PGR) for Q4 2020, worth a combined $47.5B — up 3.9% from $45.7B a quarter earlier.

Buyers outnumbered sellers: 126 funds opened new PGR positions and 75 closed out — a net gain of 51 holders — while 376 added to existing stakes and 357 trimmed.

The largest buyer was AustralianSuper, opening a new position worth an estimated $202M. The largest seller was Wellington Management Group, cutting an estimated $429M.

  • 986 institutional investors held Progressive (PGR) as of Q4 2020, up from 950 in Q3 2020.
  • Funds reported $47.5B of Progressive stock for Q4 2020, up 3.9% quarter-over-quarter.
  • 126 funds opened new Progressive positions in Q4 2020 and 75 closed out, a net change of +51 holders.
  • The largest Progressive buyer in Q4 2020 was AustralianSuper, an estimated $202M added.
  • The largest Progressive seller in Q4 2020 was Wellington Management Group, an estimated $429M sold.

Based on aggregated 13F filings for Q4 2020.