Progressive Ownership | Who Owns Progressive?

Overview Forecast RevenueFinancials Chart Transcripts

Progressive Ownership Summary

Progressive is owned by 47.04% institutional investors, 0.58% insiders, and 52.38% retail investors. Vanguard group is the largest institutional shareholder, holding 9.12% of PGR shares. Vanguard US Total Market Shares ETF is the top mutual fund, with 3.16% of its assets in Progressive shares.

PGR Ownership Benchmark

Type	Name	% Inst	% Insiders	% Retail
Stock	Progressive	47.04%	0.58%	52.38%
Sector	Financial Services Stocks	40.29%	14.61%	45.11%
Industry	Property & Casualty Insurance Stocks	52.55%	13.48%	33.97%

Institutional Shareholders

Top Institutional Shareholders by Total Shares

Holder	Shares	% Holding	Value
Vanguard group	53.40M	9.12%	$12.80B
Blackrock funding, inc. /de	52.61M	8.98%	$12.60B
Blackrock	48.46M	8.28%	$10.07B
State street	25.49M	4.35%	$6.11B
Jpmorgan chase	15.68M	2.68%	$3.76B
Geode capital management	14.62M	2.50%	$3.50B
Massachusetts financial services co /ma/	13.49M	2.30%	$3.23B
Fmr	10.23M	1.75%	$2.45B
Morgan stanley	8.55M	1.46%	$1.78B
Norges bank	7.69M	1.31%	$1.84B

Top Institutional Shareholders by % of Total Assets

Holder	Shares	% Assets	Value
Bonness enterprises	522.46K	43.92%	$125.19M
Courant investment management	116.17K	23.56%	$27.84M
Van cleef asset management,inc	790.45K	20.76%	$189.40M
Capco asset management	325.42K	17.53%	$77.97M
Mcdonald capital investors inc/ca	1.03M	15.57%	$247.80M
Makaira partners	329.24K	13.45%	$78.89M
Pb investment partners	66.86K	12.00%	$16.02M
140 summer partners lp	405.75K	11.63%	$97.22M
Global frontier investments	182.00K	11.22%	$43.61M
Lfl advisers	117.48K	10.96%	$28.15M

Top Buyers

Holder	Shares	% Assets	Change
Norges bank	7.69M	0.24%	7.69M
Blackrock funding, inc. /de	52.61M	0.26%	4.69M
Jpmorgan chase	15.68M	0.28%	2.26M
Gqg partners	5.17M	1.84%	2.09M
Raymond james financial	1.70M	0.15%	1.70M

Top Sellers

Holder	Shares	% Assets	Change
Wellington management group llp	6.39M	0.28%	-3.32M
Viking global investors lp	2.17M	1.69%	-1.31M
Artisan partners limited partnership	3.97M	1.43%	-1.00M
Price t rowe associates inc /md/	5.71M	0.16%	-1.00M
Legal & general group	3.79M	0.24%	-926.99K

New Positions

Holder	Shares	% Assets	Change	Value
Norges bank	7.69M	0.24%	7.69M	$1.84B
Raymond james financial	1.70M	0.15%	1.70M	$408.42M
Madison investment advisors	432.49K	1.17%	432.49K	$103.63M
Ofi invest asset management	205.85K	1.12%	205.85K	$47.63M
Global frontier investments	182.00K	11.22%	182.00K	$43.61M

Sold Out

Holder	Change
Redwood wealth management group	-2.00
Sugar maple asset management	-3.00
Strengthening families & communities	-7.00
Triad wealth partners	-7.00
Tfo-tdc	-7.00

Institutional Ownership Trends

Date	Holdings	Change %	Shares	Change %	Ownership	Change %	Increased Position	Change %	Decreased Position	Change %
Dec 31, 2024	1,199	-29.64%	275,456,004	-43.62%	47	0.68%	606	-29.70%	409	-28.12%
Sep 30, 2024	1,680	7.07%	487,562,435	-1.83%	83	1.16%	851	9.52%	562	9.98%
Jun 30, 2024	1,547	3.13%	495,173,238	0.58%	84	1.20%	766	0.66%	505	0.20%
Mar 31, 2024	1,500	9.49%	492,314,984	-1.76%	84	1.15%	761	17.98%	504	-
Dec 31, 2023	1,370	13.50%	501,113,688	0.87%	85	1.19%	645	19.00%	504	11.75%

Top Mutual Funds Shareholders

Holder	Shares	% Holding	Change
Vanguard US Total Market Shares ETF	18.55M	3.16%	5.71K
Vanguard Total Stock Mkt Idx Inv	18.48M	3.15%	65.83K
Vanguard Institutional 500 Index Trust	16.25M	2.77%	109.91K
MFS Large Cap Value Equity	9.16M	1.56%	-301.52K
MFS Value A	9.12M	1.56%	-152.28K
Capital Group Growth Fnd of Amer Comp	7.47M	1.27%	1.02M
American Funds Growth Fund of Amer A	7.47M	1.27%	1.02M
Fidelity 500 Index	7.34M	1.25%	32.67K
SPDR® S&P 500 ETF	7.29M	1.24%	-106.64K
iShares Core S&P 500 ETF	7.15M	1.22%	20.70K

Recent Insider Transactions

Date	Name	Role	Activity	Value
Mar 28, 2025	Sauerland John P	VP and Chief Financial Officer	Sell	$2.76M
Mar 25, 2025	Johnson Devin C	-	Sell	$110.02K
Mar 21, 2025	Joyce Carl G	Chief Accounting Officer	Sell	$99.42K
Mar 17, 2025	Sauerland John P	VP and Chief Financial Officer	Sell	$435.86K
Mar 17, 2025	Bauer Jonathan S.	Chief Investment Officer	Sell	$479.39K

Insider Transactions Trends

Date	Buy	Sell
2025 Q1	-	20
2024 Q4	-	3
2024 Q3	-	17
2024 Q2	-	7
2024 Q1	-	8

PGR Ownership FAQ

Who Owns Progressive?

Progressive shareholders are primarily institutional investors at 47.04%, followed by 0.58% insiders and 52.38% retail investors. The average institutional ownership in Progressive's industry, Property & Casualty Insurance Stocks, is 52.55%, which Progressive falls below.

Who owns the most shares of Progressive?

Progressive’s largest shareholders are Vanguard group (53.4M shares, 9.12%), Blackrock funding, inc. /de (52.61M shares, 8.98%), and Blackrock (48.46M shares, 8.28%). Together, they hold 26.38% of Progressive’s total shares outstanding.

Does Blackrock own Progressive?

Yes, BlackRock owns 8.28% of Progressive, totaling 48.46M shares as of Jun 2024. This represents 0.23% of BlackRock's total assets, with a market value of 10.07B$. In the last quarter, BlackRock increased its holdings by 202.45K shares, a 0.42% change.

Who is Progressive’s biggest shareholder by percentage of total assets invested?

Bonness enterprises is Progressive’s biggest shareholder by percentage of total assets invested, with 43.92% of its assets in 522.46K Progressive shares, valued at 125.19M$.

Who is the top mutual fund holder of Progressive shares?

Vanguard US Total Market Shares ETF is the top mutual fund holder of Progressive shares, with 3.16% of its total shares outstanding invested in 18.55M Progressive shares.

Try Tickergate Pro Free

Customize Everything. 100% Flexibility. Fast and Easy to Use (No code or Excel Needed)

Customize your own personal stocks lists, views and charts
Choose from hundreds of fields, up to 15 years of history
Conduct deep comparison analysis

Discover trending investment themes
Find your next best investment
Research stocks using tools