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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
DBRC
1201
D.B. Root & Company
Pennsylvania
$245K +$220K +1,185 New
LS
1202
Livforsakringsbolaget Skandia
Sweden
$245K
Jones Financial Companies
1203
Jones Financial Companies
Missouri
$245K +$8.35K +45 +4%
KFC
1204
Klingenstein Fields & Co
New York
$244K +$219K +1,180 New
PBO
1205
Peoples Bank (Ohio)
Ohio
$244K +$219K +1,180 New
JCIA
1206
Jackson Creek Investment Advisors
Colorado
$244K +$219K +1,181 New
PSP
1207
Principal Street Partners
Tennessee
$243K +$209K +1,127 New
LWP
1208
LMG Wealth Partners
Louisiana
$243K +$218K +1,174 New
TIA
1209
Trust Investment Advisors
Indiana
$242K +$217K +1,168 New
WA
1210
Wealth Architects
California
$241K +$216K +1,165 New
BWP
1211
BSW Wealth Partners
Colorado
$239K -$106K -569 -33%
PBC
1212
Pavion Blue Capital
California
$237K +$212K +1,145 New
PL
1213
Plancorp LLC
Missouri
$237K +$212K +1,145 New
RWP
1214
RWA Wealth Partners
Massachusetts
$237K +$212K +1,144 New
TNBTD
1215
Trustmark National Bank Trust Department
Mississippi
$236K +$211K +1,139 New
PFM
1216
Phillips Financial Management
Indiana
$235K +$211K +1,138 New
GWSG
1217
GPS Wealth Strategies Group
Colorado
$235K +$210K +1,134 New
CWM
1218
Chesapeake Wealth Management
Virginia
$233K +$209K +1,128 New
ST
1219
Sentinel Trust
Texas
$232K +$208K +1,121 New
CPIG
1220
Chicago Partners Investment Group
Illinois
$232K +$201K +1,083 New
NPT
1221
Nixon Peabody Trust
Massachusetts
$230K +$206K +1,110 New
BFM
1222
Boothbay Fund Management
New York
$229K +$206K +1,108 New
SF
1223
Summit Financial
New Jersey
$229K -$195K -1,049 -49%
PVI
1224
Pine Valley Investments
New Jersey
$229K -$44.5K -240 -18%
VCM
1225
Vivaldi Capital Management
Illinois
$228K -$13.7K -74 -7%

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.