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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
KAS
976
KPP Advisory Services
Kentucky
$492K -$43.4K -234 -9%
IAIM
977
International Assets Investment Management
Florida
$491K +$5.38K +29 +1%
EWM
978
Empirical Wealth Management
Washington
$491K +$16K +86 +4%
SIA
979
Strategic Investment Advisors
Michigan
$491K -$5.75K -31 -1%
VA
980
Valmark Advisers
Ohio
$488K +$19.5K +105 +5%
RZH
981
Relyea Zuckerberg Hanson
Connecticut
$482K +$64K +345 +17%
CA
982
Cortland Associates
Missouri
$480K
SFA
983
Souders Financial Advisors
Ohio
$479K -$36.7K -198 -8%
WA
984
Waddell & Associates
Tennessee
$478K
GIA
985
Gateway Investment Advisers
Ohio
$475K -$67.4K -363 -14%
TCOV
986
Trust Company of Vermont
Vermont
$466K +$47.1K +254 +13%
PDL
987
Portfolio Design Labs
California
$465K -$73.5K -396 -15%
UHC
988
Union Heritage Capital
Michigan
$463K +$415K +2,238 New
FHA
989
Flagship Harbor Advisors
Massachusetts
$462K -$10.2K -55 -2%
SWM
990
Stockman Wealth Management
Montana
$461K +$186 +1 +0%
9WM
991
9258 Wealth Management
Ohio
$458K -$59.7K -322 -13%
CP
992
Castleview Partners
Texas
$457K +$10.6K +57 +3%
JCM
993
Jacobi Capital Management
Pennsylvania
$455K -$28.6K -154 -7%
JWCA
994
J.W. Coons Advisors
Ohio
$455K
CAG
995
Crestwood Advisors Group
Massachusetts
$451K +$37.5K +202 +10%
SAM
996
Sompo Asset Management
Japan
$449K -$345K -1,860 -46%
PCS
997
Personal CFO Solutions
New Jersey
$448K -$1.48K -8 -0.4%
CCMG
998
Clark Capital Management Group
Pennsylvania
$448K +$4.27K +23 +1%
CIS
999
Custom Index Systems
New York
$446K +$16.7K +90 +4%
AC
1000
Allstate Corporation
Illinois
$441K -$23.9K -129 -6%

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.