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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
NRI
1226
NFP Retirement Inc
California
$228K +$204K +1,100 New
TPWA
1227
TRUE Private Wealth Advisors
Oregon
$227K +$204K +1,098 New
FPFS
1228
First Personal Financial Services
North Carolina
$227K -$28.8K -155 -12%
EW
1229
Evoke Wealth
California
$225K +$202K +1,089 New
PWP
1230
Perfromance Wealth Partners
Illinois
$224K +$201K +1,085 New
SIG
1231
Sargent Investment Group
Maryland
$224K +$201K +1,085 New
RI
1232
Ridgewood Investments
New Jersey
$224K +$201K +1,081 New
EIP
1233
Ellis Investment Partners
Pennsylvania
$222K +$199K +1,073 New
AFT
1234
Alpha Family Trust
California
$221K +$199K +1,070 New
RT
1235
Rockland Trust
Massachusetts
$221K -$54.9K -296 -22%
CW
1236
CreativeOne Wealth
Kansas
$220K +$197K +1,063 New
CCP
1237
Clarity Capital Partners
California
$219K +$196K +1,058 New
MAWA
1238
Moss Adams Wealth Advisors
Washington
$219K +$196K +1,058 New
WWP
1239
Walden Wealth Partners
Ohio
$219K +$194K +1,045 New
GBT
1240
Grove Bank & Trust
Florida
$218K
CWM
1241
Congress Wealth Management
Massachusetts
$218K -$246K -1,328 -56%
YIA
1242
YHB Investment Advisors
Connecticut
$217K +$194K +1,047 New
RSWM
1243
Robertson Stephens Wealth Management
California
$216K +$194K +1,046 New
PC
1244
Pecaut & Co
Iowa
$215K +$193K +1,039 New
Empower Advisory Group
1245
Empower Advisory Group
Colorado
$214K +$192K +1,036 New
MCB
1246
Morton Community Bank
Illinois
$214K +$192K +1,035 New
TCM
1247
Tuttle Capital Management
Connecticut
$214K +$192K +1,035 New
CWA
1248
CM Wealth Advisors
Ohio
$213K -$1.63M -8,795 -90%
BSSFA
1249
Baron Silver Stevens Financial Advisors
Florida
$213K +$191K +1,031 New
CG
1250
CFO4Life Group
Texas
$211K +$189K +1,018 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.