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Progressive

884 hedge funds and large institutions have $33.8B invested in Progressive in 2019 Q4 according to their latest regulatory filings, with 115 funds opening new positions, 295 increasing their positions, 361 reducing their positions, and 96 closing their positions.

New
Increased
Maintained
Reduced
Closed

34% more call options, than puts

Call options by funds: $177M | Put options by funds: $133M

20% more first-time investments, than exits

New positions opened: 115 | Existing positions closed: 96

0% more funds holding

Funds holding: 882884 (+2)

0.15% more ownership

Funds ownership: 79.79%79.93% (+0.15%)

6% less capital invested

Capital invested by funds: $35.9B → $33.8B (-$2.08B)

13% less funds holding in top 10

Funds holding in top 10: 3026 (-4)

18% less repeat investments, than reductions

Existing positions increased: 295 | Existing positions reduced: 361

Holders
884
Holders Change
+2
Holders Change %
+0.23%
% of All Funds
17.42%
Holding in Top 10
26
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-13.33%
% of All Funds
0.51%
New
115
Increased
295
Reduced
361
Closed
96
Calls
$177M
Puts
$133M
Net Calls
+$44.5M
Net Calls Change
+$76.6M
Name Holding Trade Value Shares
Change
Change in
Stake
ADL
801
Asset Dedication LLC
California
$26K +$4.04K +56 +18%
SLF
802
Sun Life Financial
Ontario, Canada
$25K -$9.66K -134 -28%
TFO
803
Tarbox Family Office
California
$24K -$793 -11 -3%
FFC
804
First Financial Corp
Indiana
$24K
GAM
805
Gemmer Asset Management
California
$22K -$9.37K -130 -30%
MF
806
Manchester Financial
California
$22K +$22.2K +308 New
CT
807
Caldwell Trust
Florida
$21.7K +$21.6K +300 New
PFPT
808
Pinnacle Financial Partners (Tennessee)
Tennessee
$21K +$20.5K +284 New
CAL
809
Capital Advisors Ltd
Ohio
$20K
FMII
810
Farmers & Merchants Investments Inc
Nebraska
$20K
HWM
811
HighMark Wealth Management
Minnesota
$20K +$20.3K +281 New
PB
812
Pinnacle Bancorp
Nebraska
$18K
KPW
813
Kore Private Wealth
New York
$18K +$18.2K +253 New
BWM
814
Baystate Wealth Management
Massachusetts
$17K +$3.46K +48 +26%
EWM
815
EPG Wealth Management
Georgia
$17K +$16.9K +234 New
CDIA
816
Capital Directions Investment Advisors
Georgia
$15K
WPA
817
West Paces Advisors
Georgia
$14.2K
AA
818
AlphaMark Advisors
Kentucky
$14K
CCM
819
Covington Capital Management
California
$14K
EWM
820
Edge Wealth Management
New York
$14K
SIC
821
Salem Investment Counselors
North Carolina
$14K
CA
822
CXI Advisors
Indiana
$14K +$13.7K +190 New
SL
823
Savior LLC
Massachusetts
$14K +$14.3K +198 New
MFS
824
Mirabella Financial Services
United Kingdom
$14K +$14.4K +200 New
VCP
825
Verus Capital Partners
Arizona
$14K +$14.4K +200 New

PGR Hedge Fund Activity: Q4 2019 in Review

884 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Progressive (PGR) for Q4 2019, worth a combined $33.8B — down 5.8% from $35.9B a quarter earlier.

Buyers outnumbered sellers: 115 funds opened new PGR positions and 96 closed out — a net gain of 19 holders — while 295 added to existing stakes and 361 trimmed.

The largest buyer was Wellington Management Group, adding an estimated $1.12B. The largest seller was Fidelity Investments, cutting an estimated $379M.

  • 884 institutional investors held Progressive (PGR) as of Q4 2019, up from 882 in Q3 2019.
  • Funds reported $33.8B of Progressive stock for Q4 2019, down 5.8% quarter-over-quarter.
  • 115 funds opened new Progressive positions in Q4 2019 and 96 closed out, a net change of +19 holders.
  • The largest Progressive buyer in Q4 2019 was Wellington Management Group, an estimated $1.12B added.
  • The largest Progressive seller in Q4 2019 was Fidelity Investments, an estimated $379M sold.

Based on aggregated 13F filings for Q4 2019.