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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
PWM
801
Proathlete Wealth Management
Florida
$1.04M -$28.8K -155 -3%
WA
802
WP Advisors
California
$1.04M -$21K -113 -2%
PWPS
803
Pinnacle Wealth Planning Services
Ohio
$1.04M -$6.12K -33 -0.7%
GCM
804
Glaxis Capital Management
Florida
$1.03M
HIG
805
Herr Investment Group
Texas
$1.03M
GFA
806
Gifford Fong Associates
California
$1.03M
PFBT
807
Parkside Financial Bank & Trust
Missouri
$1.03M +$17.4K +94 +2%
Capstone Investment Advisors
808
Capstone Investment Advisors
New York
$1.03M +$389K +2,099 +73%
CIA
809
Compass Ion Advisors
Pennsylvania
$1.03M -$457K -2,463 -33%
CI
810
CX Institutional
Indiana
$1.02M -$16.9K -91 -2%
FCP
811
Fidelis Capital Partners
Florida
$1.02M +$223K +1,204 +32%
IA
812
IFP Advisors
Florida
$1.02M +$6.12K +33 +0.7%
CB
813
CNB Bank
Pennsylvania
$1.01M +$33.8K +182 +4%
CFP
814
Catalyst Financial Partners
Massachusetts
$1.01M -$29.9K -161 -3%
GP
815
Geneva Partners
Wisconsin
$1M +$43.6K +235 +5%
UFF
816
USA Financial Formulas
Michigan
$1M +$898K +4,842 New
ACM
817
Advisors Capital Management
New Jersey
$998K +$660K +3,558 +281%
AC
818
ASB Consultores
Florida
$995K +$893K +4,811 New
NFA
819
Northern Financial Advisors
Michigan
$993K
WIC
820
Woodmont Investment Counsel
Tennessee
$985K +$258K +1,390 +41%
RIG
821
Renaissance Investment Group
Massachusetts
$983K -$29.7K -160 -3%
VF
822
Vest Financial
Virginia
$983K +$704K +3,792 New
FT
823
Fiduciary Trust
Massachusetts
$969K +$3.71K +20 +0.4%
APW
824
Acima Private Wealth
Virginia
$968K
TP
825
Tranquility Partners
Tennessee
$963K -$541K -2,914 -38%

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.