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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
CAG
1251
Csenge Advisory Group
Florida
-$232K -1,624 Closed
PBO
1252
Peoples Bank (Ohio)
Ohio
-$229K -1,601 Closed
KWM
1253
Kingsview Wealth Management
Oregon
-$229K -1,599 Closed
HHGA
1254
Halbert Hargrove Global Advisors
California
-$228K -1,591 Closed
RC
1255
Rovin Capital
Arizona
-$219K -1,532 Closed
CWM
1256
C2C Wealth Management
Arizona
-$227K -1,530 Closed
ICP
1257
Interchange Capital Partners
Pennsylvania
-$223K -1,525 Closed
SOW
1258
State of Wyoming
Wyoming
-$217K -1,515 Closed
LAI
1259
Legal Advantage Investments
California
-$215K -1,500 Closed
NJBEST
1260
New Jersey Better Educational Savings Trust
New Jersey
-$215K -1,500 Closed
1SB
1261
1ST Source Bank
Indiana
-$214K -1,494 Closed
LCWP
1262
Legacy Capital Wealth Partners
Arkansas
-$212K -1,484 Closed
MAG
1263
MRA Advisory Group
New Jersey
-$212K -1,481 Closed
KFA
1264
Kapstone Financial Advisors
Ohio
-$203K -1,470 Closed
ACM
1265
Advisors Capital Management
New Jersey
-$209K -1,464 Closed
RT
1266
Rockland Trust
Massachusetts
-$209K -1,463 Closed
HIC
1267
Holderness Investments Company
North Carolina
-$209K -1,460 Closed
FOA
1268
Five Oceans Advisors
California
-$207K -1,449 Closed
SWM
1269
Segment Wealth Management
Texas
-$207K -1,449 Closed
CA
1270
Claro Advisors
Massachusetts
-$206K -1,442 Closed
BWP
1271
BSW Wealth Partners
Colorado
-$206K -1,441 Closed
SQA
1272
Simon Quick Advisors
New Jersey
-$206K -1,438 Closed
WA
1273
Wealth Alliance
New York
-$204K -1,429 Closed
BJL
1274
Brighton Jones LLC
Washington
-$204K -1,425 Closed
RMDI
1275
R.M. Davis Inc
Maine
-$204K -1,425 Closed

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.