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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
TSWM
951
Tyler-Stone Wealth Management
Ohio
$542K -$22.5K -121 -4%
APA
952
Astoria Portfolio Advisors
New York
$542K +$82.4K +444 +20%
SPIS
953
Steward Partners Investment Solutions
Oregon
$541K +$486K +2,617 New
FFM
954
Fullerton Fund Management
Singapore
$540K +$485K +2,613 New
AC
955
Avestar Capital
New York
$538K +$93.5K +504 +24%
RA
956
RFG Advisory
Alabama
$538K +$483K +2,602 New
CFA
957
CWS Financial Advisors
Michigan
$528K -$852K -4,591 -64%
SAW
958
Signal Advisors Wealth
Michigan
$528K +$473K +2,551 New
TFS
959
Thoroughbred Financial Services
Tennessee
$524K -$1.01M -5,422 -68%
KWM
960
Kolinsky Wealth Management
New Jersey
$520K +$111K +599 +31%
VAG
961
VisionPoint Advisory Group
Texas
$519K +$196K +1,055 +73%
SWM
962
Shelton Wealth Management
Texas
$518K +$135K +730 +41%
GL
963
Gerber LLC
Ohio
$517K
AC
964
AXQ Capital
New Jersey
$517K +$204K +1,100 +79%
MCM
965
Manchester Capital Management
Vermont
$512K +$36.6K +197 +9%
BW
966
Bison Wealth
Georgia
$509K -$4.08K -22 -0.9%
OWM
967
Orgel Wealth Management
Wisconsin
$508K -$6.68K -36 -1%
WCWM
968
Willow Creek Wealth Management
California
$507K -$40.8K -220 -8%
HFA
969
Harbert Fund Advisors
Alabama
$507K +$455K +2,450 New
RWM
970
Revisor Wealth Management
Ohio
$506K +$513K +2,763 New
CAM
971
Cidel Asset Management
Ontario, Canada
$504K -$31.7K -171 -7%
CA
972
Continuum Advisory
Idaho
$502K +$55.1K +297 +14%
SOW
973
State of Wyoming
Wyoming
$498K +$89.6K +483 +25%
HI
974
Humankind Investments
New York
$492K -$43.8K -236 -9%
RDWM
975
Red Door Wealth Management
Tennessee
$492K -$371 -2 -0.1%

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.