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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
GS
1151
GTS Securities
New York
$277K -$5.92M -31,887 -96%
1SB
1152
1ST Source Bank
Indiana
$277K
IF
1153
Intrua Financial
Texas
$276K +$5.2K +28 +2%
AG
1154
AlTi Global
New York
$275K +$247K +1,330 New
CAL
1155
Capital Analysts LLC
Pennsylvania
$275K +$106K +570 +75%
CPC
1156
Cookson Peirce & Co
Pennsylvania
$274K
QWP
1157
Quotient Wealth Partners
Texas
$274K +$7.98K +43 +3%
PCM
1158
Prelude Capital Management
New York
$274K +$246K +1,324 New
4WM
1159
49 Wealth Management
Texas
$272K +$241K +1,297 New
RCAG
1160
Rehmann Capital Advisory Group
Michigan
$272K +$244K +1,316 New
MA
1161
Mezzasalma Advisors
New Jersey
$272K
FP
1162
Fiduciary Planning
Florida
$272K -$11.5K -62 -4%
OWA
1163
Octavia Wealth Advisors
Ohio
$272K -$7.61K -41 -3%
ICG
1164
InterOcean Capital Group
Tennessee
$271K -$70.3K -379 -22%
RMDI
1165
R.M. Davis Inc
Maine
$270K
CAG
1166
Csenge Advisory Group
Florida
$270K +$242K +1,305 New
CWS
1167
Confluence Wealth Services
Pennsylvania
$270K +$242K +1,304 New
C
1168
Certuity
Florida
$269K -$11.3K -61 -4%
RIL
1169
Rothschild Investment LLC
Illinois
$266K +$7.24K +39 +3%
BTI
1170
Blue Trust Inc
Georgia
$265K -$258K -1,388 -52%
BCA
1171
Bay Colony Advisors
Massachusetts
$265K -$124K -669 -34%
HIC
1172
Hartline Investment Corp
Illinois
$265K +$237K +1,280 New
FFWA
1173
Forthright Family Wealth Advisory
Texas
$264K
AWM
1174
Axxcess Wealth Management
California
$263K -$712K -3,838 -75%
GAMC
1175
Garner Asset Management Corp
Texas
$263K +$4.64K +25 +2%

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.