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Progressive

1,459 hedge funds and large institutions have $103B invested in Progressive in 2024 Q1 according to their latest regulatory filings, with 215 funds opening new positions, 550 increasing their positions, 513 reducing their positions, and 70 closing their positions.

New
Increased
Maintained
Reduced
Closed

207% more first-time investments, than exits

New positions opened: 215 | Existing positions closed: 70

51% more call options, than puts

Call options by funds: $611M | Put options by funds: $406M

49% more funds holding in top 10

Funds holding in top 10: 4567 (+22)

27% more capital invested

Capital invested by funds: $81.2B → $103B (+$22.1B)

10% more funds holding

Funds holding: 1,3261,459 (+133)

7% more repeat investments, than reductions

Existing positions increased: 550 | Existing positions reduced: 513

1.72% less ownership

Funds ownership: 87.11%85.39% (-1.7%)

Holders
1,459
Holders Change
+133
Holders Change %
+10.03%
% of All Funds
21.02%
Holding in Top 10
67
Holding in Top 10 Change
+22
Holding in Top 10 Change %
+48.89%
% of All Funds
0.97%
New
215
Increased
550
Reduced
513
Closed
70
Calls
$611M
Puts
$406M
Net Calls
+$206M
Net Calls Change
+$70M
Name Holding Trade Value Shares
Change
Change in
Stake
SCTC
676
Sanibel Captiva Trust Company
Florida
$1.82M +$1.37M +7,408 +533%
SW
677
SteelPeak Wealth
California
$1.81M +$1.62M +8,741 New
GAM
678
Gotham Asset Management
New York
$1.79M +$68.7K +370 +4%
BEI
679
Benjamin Edwards Inc
Missouri
$1.78M -$8.91K -48 -0.6%
HR
680
Hardy Reed
Mississippi
$1.78M -$4.64K -25 -0.3%
PS
681
Portfolio Strategies
New York
$1.78M +$1.6M +8,611 New
LWA
682
Lineweaver Wealth Advisors
Ohio
$1.78M -$42.7K -230 -3%
Fisher Asset Management
683
Fisher Asset Management
Washington
$1.78M -$245K -1,318 -13%
OIA
684
OneDigital Investment Advisors
Kansas
$1.78M +$42.9K +231 +3%
TCG
685
Tremblant Capital Group
Florida
$1.78M +$793K +4,276 +99%
CFG
686
Citizens Financial Group
Rhode Island
$1.77M -$310K -1,673 -16%
CL
687
Choreo LLC
Illinois
$1.77M +$11.9K +64 +0.8%
MGIA
688
Moneta Group Investment Advisors
Missouri
$1.76M +$109K +587 +7%
SWA
689
Stratos Wealth Advisors
Ohio
$1.75M +$61K +329 +4%
CQS
690
Credential Qtrade Securities
$1.75M -$86.6K -467 -5%
TH
691
TCTC Holdings
Texas
$1.73M -$57.1K -308 -4%
SP
692
Symmetry Partners
Connecticut
$1.72M
WAM
693
Winslow Asset Management
Ohio
$1.71M -$58.8K -317 -4%
MFIM
694
Mesirow Financial Investment Management
Illinois
$1.69M +$530K +2,859 +54%
PA
695
Parallel Advisors
California
$1.69M +$112K +605 +8%
SC
696
Savant Capital
Illinois
$1.68M -$397K -2,139 -21%
WCM
697
WealthBridge Capital Management
Ohio
$1.68M -$15.6K -84 -1%
MSAM
698
Moloney Securities Asset Management
Missouri
$1.67M +$85K +458 +6%
DT
699
Diversified Trust
Tennessee
$1.66M +$22.5K +121 +2%
YC
700
Yarbrough Capital
Tennessee
$1.66M

PGR Hedge Fund Activity: Q1 2024 in Review

1,459 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Progressive (PGR) for Q1 2024, worth a combined $103B — up 27% from $81.2B a quarter earlier.

Buyers outnumbered sellers: 215 funds opened new PGR positions and 70 closed out — a net gain of 145 holders — while 550 added to existing stakes and 513 trimmed.

The largest buyer was Brown Advisory, adding an estimated $448M. The largest seller was Morgan Stanley, cutting an estimated $1.29B.

  • 1,459 institutional investors held Progressive (PGR) as of Q1 2024, up from 1,326 in Q4 2023.
  • Funds reported $103B of Progressive stock for Q1 2024, up 27% quarter-over-quarter.
  • 215 funds opened new Progressive positions in Q1 2024 and 70 closed out, a net change of +145 holders.
  • The largest Progressive buyer in Q1 2024 was Brown Advisory, an estimated $448M added.
  • The largest Progressive seller in Q1 2024 was Morgan Stanley, an estimated $1.29B sold.

Based on aggregated 13F filings for Q1 2024.