We are live on ! Find out more
PGR icon

Progressive

1,179 hedge funds and large institutions have $65.9B invested in Progressive in 2023 Q2 according to their latest regulatory filings, with 116 funds opening new positions, 395 increasing their positions, 505 reducing their positions, and 117 closing their positions.

New
Increased
Maintained
Reduced
Closed

44% more call options, than puts

Call options by funds: $258M | Put options by funds: $180M

0.49% less ownership

Funds ownership: 85.54%85.05% (-0.49%)

1% less funds holding

Funds holding: 1,1871,179 (-8)

1% less first-time investments, than exits

New positions opened: 116 | Existing positions closed: 117

8% less capital invested

Capital invested by funds: $71.6B → $65.9B (-$5.7B)

22% less repeat investments, than reductions

Existing positions increased: 395 | Existing positions reduced: 505

34% less funds holding in top 10

Funds holding in top 10: 5838 (-20)

Holders
1,179
Holders Change
-8
Holders Change %
-0.67%
% of All Funds
18.51%
Holding in Top 10
38
Holding in Top 10 Change
-20
Holding in Top 10 Change %
-34.48%
% of All Funds
0.6%
New
116
Increased
395
Reduced
505
Closed
117
Calls
$258M
Puts
$180M
Net Calls
+$78.9M
Net Calls Change
+$82.5M
Name Holding Trade Value Shares
Change
Change in
Stake
PFS
701
Prospera Financial Services
Texas
$795K -$4.2M -31,307 -84%
EWA
702
Encompass Wealth Advisors
Oregon
$794K +$134K +1,000 +20%
GLA
703
Great Lakes Advisors
Illinois
$792K -$757K -5,648 -49%
KFP
704
KB Financial Partners
New Jersey
$790K +$444K +3,314 +125%
QCG
705
Quadrant Capital Group
Ohio
$782K -$88.7K -662 -10%
Credit Agricole
706
Credit Agricole
France
$774K
UCFA
707
United Capital Financial Advisors
Texas
$769K -$63.4K -473 -8%
CAM
708
Congress Asset Management
Massachusetts
$768K -$4.96K -37 -0.6%
IA
709
IFP Advisors
Florida
$766K +$171K +1,273 +28%
CB
710
Cooke & Bieler
Pennsylvania
$765K -$2.41M -17,966 -76%
LC
711
Lindbrook Capital
California
$763K -$345K -2,574 -31%
CI
712
CX Institutional
Indiana
$755K -$34.9K -260 -4%
IAN
713
Integrated Advisors Network
Texas
$753K -$203K -1,515 -21%
ADL
714
Asset Dedication LLC
California
$753K -$18.8K -140 -2%
TF
715
TIAA FSB
Florida
$752K +$56.3K +420 +8%
SAM
716
Strategy Asset Managers
California
$728K +$49.5K +369 +7%
MYLI
717
Meiji Yasuda Life Insurance
Japan
$728K +$469K +3,500 +175%
BPC
718
Banque Pictet & Cie
Switzerland
$719K -$314K -2,340 -30%
AIA
719
Armor Investment Advisors
North Carolina
$719K +$268 +2 +0%
FFM
720
Forum Financial Management
Illinois
$715K +$1.21K +9 +0.2%
CFP
721
Catalyst Financial Partners
Massachusetts
$710K -$62.3K -465 -8%
AWA
722
Aaron Wealth Advisors
Illinois
$709K -$6.17K -46 -0.9%
TC
723
TAGStone Capital
North Carolina
$707K +$536 +4 +0.1%
RIA
724
Realta Investment Advisors
Delaware
$707K -$248K -1,853 -26%
SL
725
Sentinus LLC
Illinois
$705K +$76.7K +572 New

PGR Hedge Fund Activity: Q2 2023 in Review

1,179 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Progressive (PGR) for Q2 2023, worth a combined $65.9B — down 8% from $71.6B a quarter earlier.

Sellers outnumbered buyers: 117 funds closed out of PGR and 116 opened new positions — a net loss of 1 holder — while 505 trimmed existing stakes and 395 added.

The largest buyer was Janus Henderson Group, adding an estimated $435M. The largest seller was DZ Bank, cutting an estimated $449M.

  • 1,179 institutional investors held Progressive (PGR) as of Q2 2023, down from 1,187 in Q1 2023.
  • Funds reported $65.9B of Progressive stock for Q2 2023, down 8% quarter-over-quarter.
  • 116 funds opened new Progressive positions in Q2 2023 and 117 closed out, a net change of -1 holder.
  • The largest Progressive buyer in Q2 2023 was Janus Henderson Group, an estimated $435M added.
  • The largest Progressive seller in Q2 2023 was DZ Bank, an estimated $449M sold.

Based on aggregated 13F filings for Q2 2023.