Progressive
PGR
1,762 hedge funds and large institutions have $121B invested in Progressive in 2024 Q4 according to their latest regulatory filings, with 246 funds opening new positions, 683 increasing their positions, 606 reducing their positions, and 112 closing their positions.
120% more first-time investments, than exits
New positions opened: 246 | Existing positions closed: 112
14% more call options, than puts
Call options by funds: $574M | Put options by funds: $504M
13% more repeat investments, than reductions
Existing positions increased: 683 | Existing positions reduced: 606
7% more funds holding
Funds holding: 1,654 → 1,762 (+108)
1.22% more ownership
Funds ownership: 84.81% → 86.02% (+1.2%)
4% less capital invested
Capital invested by funds: $126B → $121B (-$5.15B)
11% less funds holding in top 10
Funds holding in top 10: 79 → 70 (-9)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.18B |
| 2 |
JP Morgan Chase
New York
|
+$569M |
| 3 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$525M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
+$390M |
| 5 |
UBS AM
Chicago,
Illinois
|
+$230M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$837M |
| 2 |
Viking Global Investors
Stamford,
Connecticut
|
-$330M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$253M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$253M |
| 5 |
SG Americas Securities
New York
|
-$206M |
PGR Hedge Fund Activity: Q4 2024 in Review
1,762 of the 7,593 institutional investors tracked by Wall St. Rank reported a position in Progressive (PGR) for Q4 2024, worth a combined $121B — down 4.1% from $126B a quarter earlier.
Buyers outnumbered sellers: 246 funds opened new PGR positions and 112 closed out — a net gain of 134 holders — while 683 added to existing stakes and 606 trimmed.
The largest buyer was BlackRock, adding an estimated $1.18B. The largest seller was Wellington Management Group, cutting an estimated $837M.
- 1,762 institutional investors held Progressive (PGR) as of Q4 2024, up from 1,654 in Q3 2024.
- Funds reported $121B of Progressive stock for Q4 2024, down 4.1% quarter-over-quarter.
- 246 funds opened new Progressive positions in Q4 2024 and 112 closed out, a net change of +134 holders.
- The largest Progressive buyer in Q4 2024 was BlackRock, an estimated $1.18B added.
- The largest Progressive seller in Q4 2024 was Wellington Management Group, an estimated $837M sold.
Based on aggregated 13F filings for Q4 2024.