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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
PP
1301
PrairieView Partners
Minnesota
$100K
CAL
1302
Capital Advisors Ltd
Ohio
$100K +$32.5K +175 +57%
FMII
1303
Farmers & Merchants Investments Inc
Nebraska
$95.3K
TFIPS
1304
Towarzystwo Funduszy Inwestycyjnych PZU SA
$95.1K
PWMG
1305
Prestige Wealth Management Group
New Jersey
$92.5K -$339K -1,829 -80%
KWAG
1306
Kiely Wealth Advisory Group
North Carolina
$90.1K
QC
1307
Quent Capital
New York
$89.4K +$928 +5 +1%
ZB
1308
Zions Bancorporation
Utah
$84.6K -$5.75K -31 -7%
WTC
1309
WhitTier Trust Company
Nevada
$84.2K
WT
1310
Washington Trust
Rhode Island
$83.3K -$371 -2 -0.5%
CT
1311
Colonial Trust
South Carolina
$80K -$3.52K -19 -5%
MCM
1312
MV Capital Management
Maryland
$77.6K -$6.68K -36 -9%
CA
1313
Centerpoint Advisors
Massachusetts
$77K
CA
1314
Crewe Advisors
Utah
$75.9K +$68.1K +367 New
QL
1315
Quarry LP
New York
$75.3K +$40.4K +218 +149%
RCM
1316
Raleigh Capital Management
North Carolina
$74K +$56.4K +304 +563%
CG
1317
Cutler Group
California
$74K +$67.2K +362 New
HIA
1318
Harbor Investment Advisory
Maryland
$73.4K +$1.3K +7 +2%
FIM
1319
Fernwood Investment Management
Massachusetts
$71.8K +$64.4K +347 New
BONH
1320
Bank of New Hampshire
New Hampshire
$71.4K
NFSG
1321
Newbridge Financial Services Group
Florida
$71K +$26.3K +142 +71%
BWAM
1322
Boyd Watterson Asset Management
Ohio
$69.1K
CAC
1323
Core Alternative Capital
Georgia
$68.7K -$26.3K -142 -30%
AAG
1324
Armstrong Advisory Group
Massachusetts
$66.7K
BFPW
1325
BOK Financial Private Wealth
Colorado
$62K

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.