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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
SIA
776
Schechter Investment Advisors
Michigan
$1.16M -$137K -738 -12%
HTC
777
Haverford Trust Company
Pennsylvania
$1.16M -$379K -2,040 -27%
SGAM
778
Smith Group Asset Management
Texas
$1.16M +$1.04M +5,587 New
MWC
779
MBM Wealth Consultants
Missouri
$1.15M -$76.6K -413 -7%
AWA
780
Aaron Wealth Advisors
Illinois
$1.15M -$31.7K -171 -3%
GLA
781
Great Lakes Advisors
Illinois
$1.15M +$17.6K +95 +2%
FB
782
Fulton Bank
Pennsylvania
$1.14M +$51.8K +279 +5%
CAM
783
Congress Asset Management
Massachusetts
$1.13M
AIA
784
Armor Investment Advisors
North Carolina
$1.13M +$186 +1 +0%
KWA
785
Kingswood Wealth Advisors
California
$1.12M +$29.5K +159 +3%
IAS
786
Insigneo Advisory Services
Florida
$1.12M +$189K +1,021 +23%
FM
787
Foster & Motley
Ohio
$1.12M -$70.7K -381 -7%
WWM
788
Western Wealth Management
Colorado
$1.12M +$43.6K +235 +5%
FFM
789
Forum Financial Management
Illinois
$1.12M
AO
790
Advisor OS
Illinois
$1.11M +$998K +5,378 New
BRWA
791
B. Riley Wealth Advisors
Florida
$1.11M +$99.6K +537 +7%
WBC
792
Westpac Banking Corp
Australia
$1.1M -$20.4K -110 -2%
CAMG
793
CWA Asset Management Group
Florida
$1.09M +$387K +2,086 +66%
HIS
794
Horizon Investment Services
Indiana
$1.08M -$1.3K -7 -0.1%
AT
795
American Trust
Kentucky
$1.08M +$971K +5,234 New
CIC
796
Crawford Investment Counsel
Georgia
$1.08M
QI
797
Qtron Investments
Massachusetts
$1.07M
PFPT
798
Pinnacle Financial Partners (Tennessee)
Tennessee
$1.07M +$79K +426 +9%
IAN
799
Integrated Advisors Network
Texas
$1.06M +$1.67K +9 +0.2%
MSA
800
Marino Stram & Associates
Massachusetts
$1.06M

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.