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Progressive

983 hedge funds and large institutions have $44B invested in Progressive in 2021 Q3 according to their latest regulatory filings, with 85 funds opening new positions, 380 increasing their positions, 375 reducing their positions, and 89 closing their positions.

New
Increased
Maintained
Reduced
Closed

62% more call options, than puts

Call options by funds: $195M | Put options by funds: $121M

1% more repeat investments, than reductions

Existing positions increased: 380 | Existing positions reduced: 375

0.46% more ownership

Funds ownership: 83.38%83.84% (+0.46%)

4% less first-time investments, than exits

New positions opened: 85 | Existing positions closed: 89

2% less funds holding

Funds holding: 1,002983 (-19)

7% less capital invested

Capital invested by funds: $47.4B → $44B (-$3.48B)

11% less funds holding in top 10

Funds holding in top 10: 2825 (-3)

Holders
983
Holders Change
-19
Holders Change %
-1.9%
% of All Funds
17.21%
Holding in Top 10
25
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-10.71%
% of All Funds
0.44%
New
85
Increased
380
Reduced
375
Closed
89
Calls
$195M
Puts
$121M
Net Calls
+$74.6M
Net Calls Change
+$105M
Name Holding Trade Value Shares
Change
Change in
Stake
OTPPB
651
Ontario Teachers' Pension Plan Board
Ontario, Canada
$536K +$45.3K +475 +9%
MC
652
Moors & Cabot
Massachusetts
$534K +$286K +3,002 +105%
RIA
653
Regal Investment Advisors
Michigan
$529K +$9.24K +97 +2%
MCWS
654
McKinley Carter Wealth Services
West Virginia
$528K +$477 +5 +0.1%
GJIC
655
Gamble Jones Investment Counsel
California
$527K
TSS
656
Two Sigma Securities
New York
$523K -$514K -5,397 -48%
CCA
657
Checchi Capital Advisers
California
$515K -$68K -714 -11%
LFA
658
Legacy Financial Advisors
Kentucky
$513K +$2.86K +30 +0.5%
AIA
659
Armor Investment Advisors
North Carolina
$512K
TAM
660
Trust Asset Management
Texas
$512K +$35.5K +373 +7%
EF
661
Empowered Funds
Pennsylvania
$512K +$228K +2,397 +73%
DP
662
Dearborn Partners
Illinois
$508K -$572 -6 -0.1%
CL
663
Choreo LLC
Illinois
$507K
TWM
664
TMD Wealth Management
Arizona
$506K
SVWAG
665
Sound View Wealth Advisors Group
Georgia
$502K +$39K +409 +8%
Assenagon Asset Management
666
Assenagon Asset Management
Luxembourg
$502K +$111K +1,163 +27%
DMBA
667
Deseret Mutual Benefit Administrators
Utah
$501K +$326K +3,417 +160%
SIM
668
Sentry Investment Management
Wisconsin
$498K -$76.6K -804 -13%
DWM
669
Darwin Wealth Management
Florida
$489K
DA
670
Denali Advisors
California
$488K +$133K +1,400 +35%
BL
671
Balentine LLC
Georgia
$487K +$275K +2,890 +116%
BIM
672
Baldwin Investment Management
Pennsylvania
$486K
DCM
673
Donaldson Capital Management
Indiana
$482K -$6.39K -67 -1%
CIC
674
Crawford Investment Counsel
Georgia
$482K -$3.53K -37 -0.7%
FSG
675
Financial Strategies Group
Michigan
$481K +$95.5K +1,002 +23%

PGR Hedge Fund Activity: Q3 2021 in Review

983 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Progressive (PGR) for Q3 2021, worth a combined $44B — down 7.3% from $47.4B a quarter earlier.

Sellers outnumbered buyers: 89 funds closed out of PGR and 85 opened new positions — a net loss of 4 holders — while 375 trimmed existing stakes and 380 added.

The largest buyer was Orbis Allan Gray, opening a new position worth an estimated $430M. The largest seller was Invesco, cutting an estimated $258M.

  • 983 institutional investors held Progressive (PGR) as of Q3 2021, down from 1,002 in Q2 2021.
  • Funds reported $44B of Progressive stock for Q3 2021, down 7.3% quarter-over-quarter.
  • 85 funds opened new Progressive positions in Q3 2021 and 89 closed out, a net change of -4 holders.
  • The largest Progressive buyer in Q3 2021 was Orbis Allan Gray, an estimated $430M added.
  • The largest Progressive seller in Q3 2021 was Invesco, an estimated $258M sold.

Based on aggregated 13F filings for Q3 2021.