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Progressive

426 hedge funds and large institutions have $11.3B invested in Progressive in 2014 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 138 increasing their positions, 170 reducing their positions, and 33 closing their positions.

New
Increased
Maintained
Reduced
Closed

30% more first-time investments, than exits

New positions opened: 43 | Existing positions closed: 33

17% more funds holding in top 10

Funds holding in top 10: 67 (+1)

2.9% more ownership

Funds ownership: 72.87%75.77% (+2.9%)

1% more funds holding

Funds holding: 420426 (+6)

3% more capital invested

Capital invested by funds: $10.9B → $11.3B (+$342M)

3% less call options, than puts

Call options by funds: $5.77M | Put options by funds: $5.97M

19% less repeat investments, than reductions

Existing positions increased: 138 | Existing positions reduced: 170

Holders
426
Holders Change
+6
Holders Change %
+1.43%
% of All Funds
12.36%
Holding in Top 10
7
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+16.67%
% of All Funds
0.2%
New
43
Increased
138
Reduced
170
Closed
33
Calls
$5.77M
Puts
$5.97M
Net Calls
-$206K
Net Calls Change
+$1.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Capital Research Global Investors
1
Capital Research Global Investors
California
$844M -$95.6M -3,880,000 -10%
BBHC
2
Brown Brothers Harriman & Co
New York
$708M +$1.52M +61,867 +0.2%
Vanguard Group
3
Vanguard Group
Pennsylvania
$674M +$8.35M +338,779 +1%
Morgan Stanley
4
Morgan Stanley
New York
$609M -$3.25M -132,076 -0.5%
State Street
5
State Street
Massachusetts
$603M +$9.69M +393,141 +2%
T. Rowe Price Associates
6
T. Rowe Price Associates
Maryland
$579M +$23.2M +940,220 +4%
Artisan Partners
7
Artisan Partners
Wisconsin
$515M -$11.3M -457,423 -2%
FMI
8
Fiduciary Management Inc
Wisconsin
$504M +$492M +19,956,055 New
Neuberger Berman Group
9
Neuberger Berman Group
New York
$419M +$66.3M +2,691,227 +19%
BIT
10
BlackRock Institutional Trust
California
$369M +$277K +11,243 +0.1%
Invesco
11
Invesco
Georgia
$293M +$8.66M +351,283 +3%
JP Morgan Chase
12
JP Morgan Chase
New York
$247M +$195M +7,922,537 +427%
BFA
13
BlackRock Fund Advisors
California
$191M +$3.47M +140,957 +2%
Northern Trust
14
Northern Trust
Illinois
$173M -$8.35M -338,700 -5%
Diamond Hill Capital Management
15
Diamond Hill Capital Management
Ohio
$165M +$6M +243,473 +4%
Citadel Advisors
16
Citadel Advisors
Florida
$155M +$26.8M +1,088,552 +22%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$148M -$273K -11,071 -0.2%
Public Sector Pension Investment Board (PSP Investments)
18
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$145M -$5.32M -215,896 -4%
Principal Financial Group
19
Principal Financial Group
Iowa
$132M +$756K +30,679 +0.6%
CB
20
Cooke & Bieler
Pennsylvania
$126M +$22.5M +913,899 +22%
Pzena Investment Management
21
Pzena Investment Management
New York
$114M +$38.7M +1,569,745 +54%
Geode Capital Management
22
Geode Capital Management
Massachusetts
$108M -$1.92M -77,869 -2%
BG
23
BlackRock Group
United Kingdom
$99.7M +$1.24M +50,178 +1%
Two Sigma Investments
24
Two Sigma Investments
New York
$95.7M +$29.9M +1,215,340 +47%
JWBC
25
John W. Bristol & Co
New York
$94.8M -$3.97M -161,207 -4%