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Progressive

1,771 hedge funds and large institutions have $105B invested in Progressive in 2026 Q1 according to their latest regulatory filings, with 166 funds opening new positions, 703 increasing their positions, 691 reducing their positions, and 198 closing their positions.

New
Increased
Maintained
Reduced
Closed

51% more call options, than puts

Call options by funds: $377M | Put options by funds: $249M

2% more repeat investments, than reductions

Existing positions increased: 703 | Existing positions reduced: 691

0.41% more ownership

Funds ownership: 86.79%87.2% (+0.41%)

3% less funds holding

Funds holding: 1,8331,771 (-62)

10% less capital invested

Capital invested by funds: $116B → $105B (-$11.1B)

16% less first-time investments, than exits

New positions opened: 166 | Existing positions closed: 198

19% less funds holding in top 10

Funds holding in top 10: 4738 (-9)

Holders
1,771
Holders Change
-62
Holders Change %
-3.38%
% of All Funds
21.67%
Holding in Top 10
38
Holding in Top 10 Change
-9
Holding in Top 10 Change %
-19.15%
% of All Funds
0.47%
New
166
Increased
703
Reduced
691
Closed
198
Calls
$377M
Puts
$249M
Net Calls
+$128M
Net Calls Change
+$44.3M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$10.4B +$47.4M +229,533 +0.4%
Vanguard Capital Management
2
Vanguard Capital Management
Pennsylvania
$7.55B +$7.86B +38,098,359 New
State Street
3
State Street
Massachusetts
$5.13B +$11.4M +55,020 +0.2%
Capital Research Global Investors
4
Capital Research Global Investors
California
$4.48B +$2.36B +11,430,114 +103%
DAM
5
Diamant Asset Management
Connecticut
$4.07B +$836M +4,048,351 +19,724%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$3.22B +$133M +644,260 +4%
Capital World Investors
7
Capital World Investors
California
$2.81B +$960M +4,650,923 +49%
Bank of America
8
Bank of America
North Carolina
$2.55B -$108M -522,798 -4%
JP Morgan Chase
9
JP Morgan Chase
New York
$2.44B -$699M -3,384,638 -22%
Massachusetts Financial Services
10
Massachusetts Financial Services
Massachusetts
$2.4B -$140M -680,010 -5%
Vanguard Portfolio Management
11
Vanguard Portfolio Management
Pennsylvania
$2.32B +$2.41B +11,696,220 New
AllianceBernstein
12
AllianceBernstein
Tennessee
$2.31B -$44.4M -214,933 -2%
GQG Partners
13
GQG Partners
Florida
$1.81B -$267M -1,293,609 -12%
Morgan Stanley
14
Morgan Stanley
New York
$1.75B -$132M -639,983 -7%
Capital International Investors
15
Capital International Investors
California
$1.75B -$1.26B -6,100,124 -41%
Fidelity Investments
16
Fidelity Investments
Massachusetts
$1.55B +$191M +923,033 +13%
Wellington Management Group
17
Wellington Management Group
Massachusetts
$1.28B -$5.64M -27,307 -0.4%
UBS AM
18
UBS AM
Illinois
$1.26B +$143M +691,631 +12%
Northern Trust
19
Northern Trust
Illinois
$1.16B -$5.55M -26,880 -0.5%
Artisan Partners
20
Artisan Partners
Wisconsin
$1.03B +$111M +536,010 +11%
T. Rowe Price Associates
21
T. Rowe Price Associates
Maryland
$1.02B -$14.8M -71,610 -1%
Goldman Sachs
22
Goldman Sachs
New York
$1.01B +$180M +872,408 +21%
Deutsche Bank
23
Deutsche Bank
Germany
$956M -$70.9M -343,380 -7%
Janus Henderson Group
24
Janus Henderson Group
$938M -$148M -715,686 -13%
Fidelity International
25
Fidelity International
Bermuda
$926M -$77.3M -374,411 -7%

PGR Hedge Fund Activity: Q1 2026 in Review

1,771 of the 8,172 institutional investors tracked by Wall St. Rank reported a position in Progressive (PGR) for Q1 2026, worth a combined $105B — down 9.6% from $116B a quarter earlier.

Sellers outnumbered buyers: 198 funds closed out of PGR and 166 opened new positions — a net loss of 32 holders — while 691 trimmed existing stakes and 703 added.

The largest buyer was Capital Research Global Investors, adding an estimated $2.36B. The largest seller was Capital International Investors, cutting an estimated $1.26B.

  • 1,771 institutional investors held Progressive (PGR) as of Q1 2026, down from 1,833 in Q4 2025.
  • Funds reported $105B of Progressive stock for Q1 2026, down 9.6% quarter-over-quarter.
  • 166 funds opened new Progressive positions in Q1 2026 and 198 closed out, a net change of -32 holders.
  • The largest Progressive buyer in Q1 2026 was Capital Research Global Investors, an estimated $2.36B added.
  • The largest Progressive seller in Q1 2026 was Capital International Investors, an estimated $1.26B sold.

Based on aggregated 13F filings for Q1 2026.