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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
OP
1401
ORG Partners
Indiana
$13.4K -$219K -1,183 -95%
GWSA
1402
Global Wealth Strategies & Associates
Colorado
$13K
VWA
1403
Valued Wealth Advisors
Utah
$13K +$5.01K +27 +75%
GC
1404
Globeflex Capital
California
$12.6K -$2.23K -12 -16%
PK
1405
Pflug Koory
Nebraska
$12.4K
FPF
1406
First Pacific Financial
Washington
$12.2K +$3.15K +17 +40%
CYG
1407
Clean Yield Group
Vermont
$12K
OSNBOA
1408
Old Second National Bank of Aurora
Illinois
$12K
IFAM
1409
Institutional & Family Asset Management
Colorado
$11.8K -$2.97K -16 -22%
RWPA
1410
Richard W. Paul & Associates
Michigan
$11.6K
WWP
1411
WR Wealth Planners
Missouri
$11.6K +$10.4K +56 New
FPB
1412
First PREMIER Bank
South Dakota
$11K +$1.48K +8 +17%
NSIM
1413
North Star Investment Management
Illinois
$11K +$6.12K +33 +165%
DF
1414
Dunhill Financial
United Kingdom
$10.5K +$1.48K +8 +19%
AEPWM
1415
Atlantic Edge Private Wealth Management
Florida
$10.3K
MRCM
1416
M&R Capital Management
New Jersey
$10.3K
AW
1417
Avion Wealth
Texas
$10K +$1.67K +9 +24%
GJIA
1418
Glass Jacobson Investment Advisors
Maryland
$9.72K
MWM
1419
Mascoma Wealth Management
New Hampshire
$9.72K
PCWA
1420
Pacific Capital Wealth Advisors
California
$9.1K +$8.16K +44 New
AFS
1421
Annapolis Financial Services
Maryland
$8.69K
CWC
1422
Carolinas Wealth Consulting
North Carolina
$8.19K -$928 -5 -11%
SIC
1423
SJS Investment Consulting
Ohio
$8.07K
WIA
1424
Wetzel Investment Advisors
Indiana
$7.97K
DPW
1425
DiNuzzo Private Wealth
Pennsylvania
$7.65K

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.