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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
KBFS
876
Kohmann Bosshard Financial Services
Ohio
$745K
AWM
877
Angeles Wealth Management
California
$740K +$42.5K +229 +7%
PWM
878
Perigon Wealth Management
California
$740K +$64K +345 +11%
GF
879
Gries Financial
Ohio
$739K -$310K -1,672 -32%
BCM
880
BTC Capital Management
Iowa
$739K +$663K +3,572 New
KIA
881
Knollwood Investment Advisory
Maryland
$731K
CWM
882
Circle Wealth Management
New Jersey
$729K +$36.6K +197 +6%
MG
883
Mather Group
Illinois
$725K -$742 -4 -0.1%
DWM
884
Defined Wealth Management
Oregon
$722K +$371 +2 +0.1%
SWM
885
Seed Wealth Management
Illinois
$722K
BFS
886
Bradley Foster & Sargent
Connecticut
$722K -$40.4K -218 -6%
PAM
887
Peak Asset Management
Colorado
$720K
VDI
888
Vaughan David Investments
Illinois
$720K -$4.64K -25 -0.7%
OCBCO
889
Oversea-Chinese Banking Corp (OCBC)
Singapore
$720K +$646K +3,480 New
SI
890
Scharf Investments
California
$719K -$12.6K -68 -2%
BAM
891
Belpointe Asset Management
Nevada
$717K +$397K +2,140 +161%
PSC
892
Prentiss Smith & Co
Vermont
$709K
BOM
893
Bank of Marin
California
$708K -$125K -674 -16%
SIM
894
Sentry Investment Management
Wisconsin
$707K +$64.9K +350 +11%
KI
895
Keystone Investors
Singapore
$707K +$176K +949 +38%
NRD
896
Nebula Research & Development
New York
$704K +$631K +3,402 New
EI
897
Ellevest Inc
New York
$702K +$1.11K +6 +0.2%
AAS
898
Ameritas Advisory Services
Nebraska
$699K +$300K +1,615 +92%
BWP
899
Baldwin Wealth Partners
Massachusetts
$699K
CIP
900
Convergence Investment Partners
Florida
$698K +$287K +1,545 +84%

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.