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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
UFF
1126
USA Financial Formulas
Michigan
$10.7K +$10.9K +81 New
LF
1127
Lee Financial
Texas
$10.5K
WP
1128
WealthPLAN Partners
Nebraska
$10.3K
VNA
1129
Valley National Advisers
Pennsylvania
$10K +$1.34K +10 +17%
CA
1130
Crewe Advisors
Utah
$9.93K -$8.31K -62 -45%
AP
1131
Atwood & Palmer
Missouri
$9.93K
IAS
1132
IMA Advisory Services
Colorado
$9.4K
CSS
1133
Cubist Systematic Strategies
Connecticut
$9.13K -$255K -1,904 -97%
TFA
1134
Toth Financial Advisory
Virginia
$8.74K -$2.55K -19 -22%
GWSA
1135
Global Wealth Strategies & Associates
Colorado
$8.34K
DJSG
1136
D.J. St. Germain
Massachusetts
$8.07K +$8.18K +61 New
PK
1137
Pflug Koory
Nebraska
$7.94K
CYG
1138
Clean Yield Group
Vermont
$7.68K
OSNBOA
1139
Old Second National Bank of Aurora
Illinois
$7.68K
RWPA
1140
Richard W. Paul & Associates
Michigan
$7.41K
SIC
1141
SJS Investment Consulting
Ohio
$6.88K -$402 -3 -5%
MRCM
1142
M&R Capital Management
New Jersey
$6.62K
CWC
1143
Carolinas Wealth Consulting
North Carolina
$6.28K -$3.08K -23 -33%
GJIA
1144
Glass Jacobson Investment Advisors
Maryland
$6.22K +$6.3K +47 New
DI
1145
Disciplined Investments
Oklahoma
$5.82K -$536 -4 -8%
KFI
1146
Key Financial Inc
Pennsylvania
$5.82K +$5.9K +44 New
SIS
1147
Sound Income Strategies
Florida
$5.69K -$2.95K -22 -34%
LFA
1148
Level Financial Advisors
New York
$5.69K +$5.76K +43 New
AFS
1149
Annapolis Financial Services
Maryland
$5.56K
SVCP
1150
Silicon Valley Capital Partners
California
$5.29K +$5.36K +40 New

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.