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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
TL
701
TrueWealth LLC
Georgia
$25K -$33.9K -527 -60%
DSI
702
Daiwa SB Investments
Japan
$25K
GEA
703
Glen Eagle Advisors
New Jersey
$22.4K +$20.3K +315 New
ADL
704
Asset Dedication LLC
California
$22K
HR
705
Howe & Rusling
New York
$22K +$11.6K +180 +134%
GRP
706
Global Retirement Partners
California
$21K +$9.65K +150 +108%
WIM
707
Westside Investment Management
California
$20.8K
WTB
708
Washington Trust Bank
Washington
$20K
NIM
709
NuWave Investment Management
New Jersey
$19K -$594K -9,238 -97%
RA
710
Rational Advisors
New York
$19K -$439K -6,819 -96%
FMII
711
Farmers & Merchants Investments Inc
Nebraska
$19K +$1.42K +22 +9%
PCP
712
Proficio Capital Partners
Massachusetts
$18K -$708 -11 -4%
TFO
713
Tarbox Family Office
California
$18K
LNB
714
Ledyard National Bank
$17K
PCA
715
Providence Capital Advisors
North Carolina
$17K
QCG
716
Quadrant Capital Group
Ohio
$17K
EWM
717
Edge Wealth Management
New York
$14K
SIC
718
Salem Investment Counselors
North Carolina
$14K
FHA
719
First Horizon Advisors
Tennessee
$14K +$12.9K +200 New
WPA
720
West Paces Advisors
Georgia
$13.9K
MWM
721
MinichMacGregor Wealth Management
New York
$13K
GP
722
Girard Partners
Pennsylvania
$13K +$12.1K +188 New
SWM
723
SeaCrest Wealth Management
New York
$12K +$4.63K +72 +70%
RFWA
724
RPg Family Wealth Advisory
Massachusetts
$11.3K +$10.2K +159 New
EFSCE
725
Enterprise Financial Services Corp (EFSC)
Missouri
$11K

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.