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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
NAS
851
Nicolet Advisory Services
Wisconsin
$845K +$24.3K +131 +3%
ILI
852
Invesco LLC (Illinois)
Illinois
$839K +$96.7K +521 +15%
NC
853
NewSquare Capital
Pennsylvania
$835K +$43.6K +235 +6%
PPWP
854
Premier Path Wealth Partners
New Jersey
$828K -$66.1K -356 -8%
CA
855
Cullinan Associates
Kentucky
$827K
LIM
856
Letson Investment Management
Georgia
$827K
UH
857
Unigestion Holding
Switzerland
$818K -$11.2M -60,612 -94%
BFG
858
Beacon Financial Group
Texas
$806K -$37.1K -200 -5%
WT
859
Whittier Trust
California
$804K +$214K +1,153 +42%
FDS
860
Freedom Day Solutions
Texas
$793K -$31.7K -171 -4%
TC
861
TownSquare Capital
Utah
$792K +$131K +704 +23%
LFM
862
LGT Fund Management
Liechtenstein
$789K +$708K +3,816 New
AWM
863
Avior Wealth Management
Nebraska
$782K +$629K +3,388 +860%
IFU
864
iSAM Funds (UK)
United Kingdom
$780K -$690K -3,719 -50%
DC
865
Davenport & Co
Virginia
$768K +$11.1K +60 +2%
SBIA
866
Sheaff Brock Investment Advisors
Indiana
$765K +$223K +1,200 +48%
FLPIM
867
F.L. Putnam Investment Management
Massachusetts
$763K -$742 -4 -0.1%
B
868
Bellecapital
Switzerland
$760K
1WA
869
180 Wealth Advisors
Washington
$759K +$266K +1,436 +64%
AAIS
870
ABN AMRO Investment Solutions
$755K -$47.1K -254 -7%
CFG
871
Cooper Financial Group
California
$752K -$248K -1,338 -27%
CIA
872
Choate Investment Advisors
Massachusetts
$750K +$1.11K +6 +0.2%
UAG
873
United Advisor Group
Ohio
$748K -$564K -3,042 -46%
SC
874
SRB Corp
Massachusetts
$745K +$669K +3,603 New
FW
875
Fairway Wealth
Ohio
$745K

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.