Progressive
PGR
PGR
1,175 hedge funds and large institutions have $65.8B invested in Progressive in 2023 Q2 according to their latest regulatory filings, with 116 funds opening new positions, 394 increasing their positions, 502 reducing their positions, and 117 closing their positions.
New
Increased
Maintained
Reduced
Closed
more call options, than puts
Call options by funds: $ | Put options by funds: $
less ownership
Funds ownership: →
less funds holding
Funds holding: →
less first-time investments, than exits
New positions opened: | Existing positions closed:
8% less capital invested
Capital invested by funds: $71.5B → $65.8B (-$5.67B)
22% less repeat investments, than reductions
Existing positions increased: 394 | Existing positions reduced: 502
34% less funds holding in top 10
Funds holding in top 10: 58 → 38 (-20)
Holders
1,175
Holding in Top 10
38
Calls
$258M
Puts
$180M
Top Buyers
| 1 | +$429M | |
| 2 | +$346M | |
| 3 | +$230M | |
| 4 |
JPMorgan Chase & Co
New York
|
+$183M |
| 5 |
Brown Advisory
Baltimore,
Maryland
|
+$156M |
Top Sellers
| 1 | -$444M | |
| 2 | -$422M | |
| 3 | -$287M | |
| 4 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$257M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$192M |