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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
LB
1376
Legacy Bridge
Iowa
$23K
WPA
1377
West Paces Advisors
Georgia
$22.1K
RS
1378
Rakuten Securities
Japan
$21.5K +$15.4K +83 +395%
CHA
1379
Carmichael Hill & Associates
Maryland
$21.3K
MFT
1380
Moisand Fitzgerald Tamayo
Florida
$20.9K
HCP
1381
Hexagon Capital Partners
Arkansas
$20.7K
MIM
1382
Manitou Investment Management
Ontario, Canada
$20.7K
MHR
1383
Matthew Hamilton Rosenberg
$20.4K
BCMLT
1384
Beacon Capital Management LLC (Tennessee)
Tennessee
$19.2K +$12.2K +66 +244%
FFO
1385
Fortitude Family Office
Arizona
$18.8K
FFC
1386
First Financial Corp
Indiana
$18.8K -$43.8K -236 -72%
PP
1387
PFS Partners
New Jersey
$18.3K +$186 +1 +1%
CTWM
1388
Cherry Tree Wealth Management
Minnesota
$18.2K
CPG
1389
Cornerstone Planning Group
New Jersey
$17.9K -$2.6K -14 -14%
AP
1390
Atwood & Palmer
Missouri
$17.4K
SIS
1391
Sound Income Strategies
Florida
$17.4K +$7.61K +41 +95%
PWMG
1392
Private Wealth Management Group
New Jersey
$17.2K
CIAS
1393
CBIZ Investment Advisory Services
Ohio
$16.6K +$14.8K +80 New
HW
1394
Hancock Whitney
Mississippi
$16.3K -$3.16M -17,052 -100%
RFG
1395
RFP Financial Group
Georgia
$16.1K +$4.27K +23 +42%
MFG
1396
Mendota Financial Group
Wisconsin
$15.9K -$97.6K -526 -87%
HGERS
1397
Householder Group Estate & Retirement Specialist
Arizona
$15.8K
LAM
1398
Lummis Asset Management
Texas
$15.1K
HNB
1399
Hilltop National Bank
Wyoming
$15.1K +$13.5K +73 New
KFI
1400
Key Financial Inc
Pennsylvania
$13.7K

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.