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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
SAI
1176
Systematic Alpha Investments
New Jersey
$260K
GFS
1177
GYL Financial Synergies
Connecticut
$259K +$232K +1,252 New
VF
1178
Virtu Financial
New York
$258K +$232K +1,248 New
MMPW
1179
Mitchell McLeod Pugh & Williams
Alabama
$258K -$12.2K -66 -5%
CC
1180
Corton Capital
Ontario, Canada
$256K +$230K +1,239 New
IIA
1181
Integral Investment Advisors
California
$255K +$230K +1,238 New
AWA
1182
Arkadios Wealth Advisors
Georgia
$255K -$27.1K -146 -11%
TW
1183
TritonPoint Wealth
Maryland
$254K -$93.5K -504 -24%
DWA
1184
Douglass Winthrop Advisors
New York
$252K +$226K +1,220 New
BCMO
1185
Buckingham Capital Management (Ohio)
Ohio
$252K -$13K -70 -5%
BFA
1186
Beacon Financial Advisory
Ohio
$252K -$53.8K -290 -19%
CT
1187
Caldwell Trust
Florida
$251K +$9.28K +50 +4%
BA
1188
Bristlecone Advisors
Washington
$251K +$225K +1,214 New
SAM
1189
Smartleaf Asset Management
Massachusetts
$250K +$197K +1,063 +713%
PWA
1190
Providence Wealth Advisors
Illinois
$250K -$1.18M -6,361 -84%
M
1191
MOTCO
Texas
$249K +$222K +1,199 +19,983%
CBA
1192
Coastal Bridge Advisors
Connecticut
$249K +$223K +1,204 New
NCFG
1193
New Century Financial Group
New Jersey
$249K +$223K +1,202 New
WCM
1194
Wallace Capital Management
Texas
$248K +$223K +1,201 New
WA
1195
Wealth Alliance
New York
$248K +$223K +1,201 New
VCG
1196
Vantage Consulting Group
Virginia
$248K +$223K +1,200 New
MPW
1197
Monterey Private Wealth
California
$248K +$222K +1,197 New
JSW
1198
Journey Strategic Wealth
New Jersey
$247K +$222K +1,194 New
AB
1199
Atlas Brown
Kentucky
$245K +$220K +1,187 New
AIA
1200
Alera Investment Advisors
Illinois
$245K +$220K +1,185 New

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.