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Progressive

722 hedge funds and large institutions have $28.8B invested in Progressive in 2018 Q1 according to their latest regulatory filings, with 107 funds opening new positions, 230 increasing their positions, 277 reducing their positions, and 47 closing their positions.

New
Increased
Maintained
Reduced
Closed

128% more first-time investments, than exits

New positions opened: 107 | Existing positions closed: 47

9% more capital invested

Capital invested by funds: $26.3B → $28.8B (+$2.43B)

9% more funds holding in top 10

Funds holding in top 10: 2224 (+2)

7% more funds holding

Funds holding: 672722 (+50)

9% more call options, than puts

Call options by funds: $42.5M | Put options by funds: $39.1M

0.59% more ownership

Funds ownership: 80.69%81.28% (+0.59%)

17% less repeat investments, than reductions

Existing positions increased: 230 | Existing positions reduced: 277

Holders
722
Holders Change
+50
Holders Change %
+7.44%
% of All Funds
16.55%
Holding in Top 10
24
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+9.09%
% of All Funds
0.55%
New
107
Increased
230
Reduced
277
Closed
47
Calls
$42.5M
Puts
$39.1M
Net Calls
+$3.4M
Net Calls Change
+$21.1M
Name Holding Trade Value Shares
Change
Change in
Stake
CFA
651
Carroll Financial Associates
North Carolina
$30K
MA
652
MCF Advisors
Kentucky
$30K
AIL
653
AGF Investments LLC
Ontario, Canada
$30K +$7.99K +140 +39%
GWS
654
Glassman Wealth Services
Virginia
$25K
CCM
655
Cribstone Capital Management
Maine
$25K +$12.8K +225 +119%
VCM
656
Versant Capital Management
Arizona
$22K -$343 -6 -2%
GT
657
Greenleaf Trust
Michigan
$21K -$40.4K -707 -67%
MCWS
658
McKinley Carter Wealth Services
West Virginia
$21K +$19.4K +340 New
TL
659
TrueWealth LLC
Georgia
$20K -$15.4K -270 -46%
RCAG
660
Rehmann Capital Advisory Group
Michigan
$20K +$18.5K +324 New
JA
661
JOYN Advisors
Georgia
$20K +$18.6K +325 New
ADL
662
Asset Dedication LLC
California
$19K
RA
663
Rational Advisors
New York
$19K +$18.2K +319 New
DSI
664
Daiwa SB Investments
Japan
$19K +$18.3K +320 New
MIM
665
Monashee Investment Management
Massachusetts
$19K +$1.43M +25,000 New
WIM
666
Westside Investment Management
California
$18.9K +$18K +316 New
CAL
667
Capital Advisors Ltd
Ohio
$17K -$4.91K -86 -24%
WTB
668
Washington Trust Bank
Washington
$17K
TFO
669
Tarbox Family Office
California
$16K
FMII
670
Farmers & Merchants Investments Inc
Nebraska
$15K -$9.71K -170 -42%
PCA
671
Providence Capital Advisors
North Carolina
$15K
PCP
672
Proficio Capital Partners
Massachusetts
$15K +$4.68K +82 +49%
LWA
673
Lenox Wealth Advisors
New York
$15K +$11K +192 +315%
LNB
674
Ledyard National Bank
$14K
TWA
675
TCI Wealth Advisors
Arizona
$14K

PGR Hedge Fund Activity: Q1 2018 in Review

722 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Progressive (PGR) for Q1 2018, worth a combined $28.8B — up 9.2% from $26.3B a quarter earlier.

Buyers outnumbered sellers: 107 funds opened new PGR positions and 47 closed out — a net gain of 60 holders — while 230 added to existing stakes and 277 trimmed.

The largest buyer was APG Asset Management, adding an estimated $175M. The largest seller was Capital Research Global Investors, cutting an estimated $180M.

  • 722 institutional investors held Progressive (PGR) as of Q1 2018, up from 672 in Q4 2017.
  • Funds reported $28.8B of Progressive stock for Q1 2018, up 9.2% quarter-over-quarter.
  • 107 funds opened new Progressive positions in Q1 2018 and 47 closed out, a net change of +60 holders.
  • The largest Progressive buyer in Q1 2018 was APG Asset Management, an estimated $175M added.
  • The largest Progressive seller in Q1 2018 was Capital Research Global Investors, an estimated $180M sold.

Based on aggregated 13F filings for Q1 2018.