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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
MNBTD
1076
Moody National Bank Trust Division
Texas
$345K +$309K +1,667 New
NL
1077
NWAM LLC
Washington
$345K +$64.6K +348 +27%
SCP
1078
Sivia Capital Partners
California
$344K +$557 +3 +0.2%
EDRH
1079
Edmond de Rothschild Holding
Switzerland
$340K +$30.8K +166 +11%
LWCFA
1080
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$339K
RG
1081
Rathbones Group
United Kingdom
$338K
AT
1082
Arden Trust
Delaware
$337K -$57.5K -310 -16%
EFG
1083
Everhart Financial Group
Ohio
$335K +$301K +1,620 New
SP
1084
Stablepoint Partners
Massachusetts
$335K
AA
1085
Alta Advisers
United Kingdom
$331K
SAM
1086
Synergy Asset Management
Washington
$328K
RFN
1087
RDA Financial Network
Iowa
$328K -$35.1K -189 -11%
LA
1088
Legacy Advisors
Pennsylvania
$328K -$18.9K -102 -6%
HI
1089
Hudock Inc
Pennsylvania
$327K -$2.04K -11 -0.7%
EWA
1090
EP Wealth Advisors
California
$327K +$11.5K +62 +4%
UW
1091
Unique Wealth
Florida
$326K -$8.91K -48 -3%
DAS
1092
Dynamic Advisor Solutions
Arizona
$325K +$42.9K +231 +17%
MGWM
1093
Marks Group Wealth Management
Minnesota
$325K -$22.3K -120 -7%
CRWM
1094
Castle Rock Wealth Management
California
$324K +$9.09K +49 +3%
DLA
1095
Douglas Lane & Associates
New York
$324K -$170K -914 -37%
KIA
1096
KCM Investment Advisors
California
$324K +$291K +1,566 New
FTWA
1097
Fifth Third Wealth Advisors
Ohio
$323K +$290K +1,564 New
CA
1098
CoreCap Advisors
Michigan
$322K -$31.4K -169 -10%
MAG
1099
MRA Advisory Group
New Jersey
$321K +$1.3K +7 +0.5%
SFG
1100
SevenBridge Financial Group
Pennsylvania
$320K

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.