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Progressive

1,179 hedge funds and large institutions have $65.9B invested in Progressive in 2023 Q2 according to their latest regulatory filings, with 116 funds opening new positions, 395 increasing their positions, 505 reducing their positions, and 117 closing their positions.

New
Increased
Maintained
Reduced
Closed

44% more call options, than puts

Call options by funds: $258M | Put options by funds: $180M

0.49% less ownership

Funds ownership: 85.54%85.05% (-0.49%)

1% less funds holding

Funds holding: 1,1871,179 (-8)

1% less first-time investments, than exits

New positions opened: 116 | Existing positions closed: 117

8% less capital invested

Capital invested by funds: $71.6B → $65.9B (-$5.7B)

22% less repeat investments, than reductions

Existing positions increased: 395 | Existing positions reduced: 505

34% less funds holding in top 10

Funds holding in top 10: 5838 (-20)

Holders
1,179
Holders Change
-8
Holders Change %
-0.67%
% of All Funds
18.51%
Holding in Top 10
38
Holding in Top 10 Change
-20
Holding in Top 10 Change %
-34.48%
% of All Funds
0.6%
New
116
Increased
395
Reduced
505
Closed
117
Calls
$258M
Puts
$180M
Net Calls
+$78.9M
Net Calls Change
+$82.5M
Name Holding Trade Value Shares
Change
Change in
Stake
OIS
1101
Okabena Investment Services
Minnesota
$19.6K +$19.8K +148 New
JFA
1102
JNBA Financial Advisors
Minnesota
$19.3K -$536 -4 -3%
FMP
1103
Financial Management Professionals
Texas
$18K -$4.83K -36 -21%
VCM
1104
Versant Capital Management
Arizona
$17.3K
APC
1105
Aspire Private Capital
North Carolina
$17.2K
KTC
1106
Kistler-Tiffany Companies
Pennsylvania
$16.7K +$3.35K +25 +25%
SC
1107
SouthState Corp
Florida
$16.5K
CAS
1108
Coppell Advisory Solutions
Texas
$16.4K +$16.6K +124 New
AWM
1109
Abound Wealth Management
Tennessee
$16.2K +$5.09K +38 +45%
TAIM
1110
TD Ameritrade Investment Management
Nebraska
$16K +$8.45K +63 +103%
TCM
1111
Tradewinds Capital Management
Washington
$15.2K
CPG
1112
Cornerstone Planning Group
New Jersey
$14.8K +$15K +112 New
LB
1113
Legacy Bridge
Iowa
$14.7K
WPA
1114
West Paces Advisors
Georgia
$14.2K -$5.36K -40 -27%
CHA
1115
Carmichael Hill & Associates
Maryland
$13.6K -$536 -4 -4%
MFT
1116
Moisand Fitzgerald Tamayo
Florida
$13.4K
MIM
1117
Manitou Investment Management
Ontario, Canada
$13.2K
HI
1118
Harbour Investments
Wisconsin
$13.1K +$804 +6 +6%
MHR
1119
Matthew Hamilton Rosenberg
$12.8K -$14.6K -109 -53%
SCA
1120
Stonebridge Capital Advisors
Minnesota
$12.7K -$8.85K -66 -41%
CSC
1121
Caldwell Sutter Capital
California
$12.3K +$12.5K +93 New
HCP
1122
Hexagon Capital Partners
Arkansas
$11.9K -$10.7K -80 -47%
PP
1123
PFS Partners
New Jersey
$11.6K +$11.8K +88 New
OP
1124
ORG Partners
Indiana
$11.1K +$11.3K +84 New
GC
1125
Globeflex Capital
California
$11.1K

PGR Hedge Fund Activity: Q2 2023 in Review

1,179 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Progressive (PGR) for Q2 2023, worth a combined $65.9B — down 8% from $71.6B a quarter earlier.

Sellers outnumbered buyers: 117 funds closed out of PGR and 116 opened new positions — a net loss of 1 holder — while 505 trimmed existing stakes and 395 added.

The largest buyer was Janus Henderson Group, adding an estimated $435M. The largest seller was DZ Bank, cutting an estimated $449M.

  • 1,179 institutional investors held Progressive (PGR) as of Q2 2023, down from 1,187 in Q1 2023.
  • Funds reported $65.9B of Progressive stock for Q2 2023, down 8% quarter-over-quarter.
  • 116 funds opened new Progressive positions in Q2 2023 and 117 closed out, a net change of -1 holder.
  • The largest Progressive buyer in Q2 2023 was Janus Henderson Group, an estimated $435M added.
  • The largest Progressive seller in Q2 2023 was DZ Bank, an estimated $449M sold.

Based on aggregated 13F filings for Q2 2023.