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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
MCM
651
Manchester Capital Management
Vermont
$151K
ED
652
Exane Derivatives
France
$137K
PA
653
Parallel Advisors
California
$137K -$4.89K -76 -4%
Capstone Investment Advisors
654
Capstone Investment Advisors
New York
$137K +$124K +1,932 New
ST
655
Smithfield Trust
Pennsylvania
$129K -$1.93K -30 -2%
MA
656
MUFG Americas
New York
$129K
LWCFA
657
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$118K -$27K -420 -20%
GLI
658
Guardian Life Insurance
New York
$117K +$2.19K +34 +2%
FIB
659
First Interstate Bank
Montana
$115K
SMG
660
Spectrum Management Group
Indiana
$115K
SLF
661
Sun Life Financial
Ontario, Canada
$114K +$1.67K +26 +2%
HI
662
Hudock Inc
Pennsylvania
$113K
TCOV
663
Trust Company of Vermont
Vermont
$112K -$28K -435 -22%
HFM
664
Harvest Fund Management
China
$112K +$101K +1,575 New
EA
665
Elm Advisors
California
$107K +$96.5K +1,500 New
CAL
666
Capital Advisors Ltd
Ohio
$105K +$72.4K +1,125 +409%
KA
667
Kaizen Advisory
Illinois
$100K
LFA
668
Legacy Financial Advisors
Kentucky
$91K -$31.4K -488 -27%
FHA
669
Flagship Harbor Advisors
Massachusetts
$87K -$6.75K -105 -8%
BFEC
670
Benjamin F. Edwards & Company
Missouri
$86K +$20.3K +316 +36%
Carson Wealth (CWM LLC)
671
Carson Wealth (CWM LLC)
Nebraska
$78K +$2.06K +32 +3%
TNBTD
672
Trustmark National Bank Trust Department
Mississippi
$75K +$68.2K +1,060 New
QCIG
673
Quad-Cities Investment Group
Iowa
$65K
SIAS
674
Shine Investment Advisory Services
Colorado
$60K -$7.01K -109 -12%
PCG
675
Private Capital Group
Connecticut
$60K -$4.05K -63 -7%

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.