Progressive Ownership | Who Owns Progressive?

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Progressive Ownership Summary

Progressive is owned by 83.26% institutional investors, 0.28% insiders, and 16.46% retail investors. Vanguard group is the largest institutional shareholder, holding 8.92% of PGR shares. Vanguard Total Stock Mkt Idx Inv is the top mutual fund, with 3.15% of its assets in Progressive shares.

PGR Ownership Benchmark

Type	Name	% Inst	% Insiders	% Retail
Stock	Progressive	83.26%	0.28%	16.46%
Sector	Financial Services Stocks	49.66%	13.98%	36.36%
Industry	Property & Casualty Insurance Stocks	65.87%	12.92%	21.22%

Institutional Shareholders

Top Institutional Shareholders by Total Shares

Holder	Shares	% Holding	Value
Vanguard group	52.22M	8.92%	$10.85B
Blackrock	48.46M	8.28%	$10.07B
State street	24.37M	4.16%	$5.06B
Massachusetts financial services co /ma/	14.45M	2.47%	$3.00B
Jpmorgan chase	13.54M	2.31%	$2.81B
Geode capital management	12.74M	2.18%	$2.64B
Wellington management group llp	10.70M	1.83%	$2.22B
Fmr	10.35M	1.77%	$2.15B
Morgan stanley	8.55M	1.46%	$1.78B
Alliancebernstein	8.39M	1.43%	$1.74B

Top Institutional Shareholders by % of Total Assets

Holder	Shares	% Assets	Value
Bonness enterprises	551.28K	41.89%	$114.51M
Courant investment management	116.17K	22.65%	$24.13M
Van cleef asset management,inc	809.84K	21.09%	$168.21M
Makaira partners	727.43K	19.60%	$151.09M
Capco asset management	333.25K	16.38%	$69.22M
Pb investment partners	167.91K	16.09%	$19.82M
Mcdonald capital investors inc/ca	1.19M	15.38%	$246.21M
Global frontier investments	182.00K	11.28%	$37.80M
140 summer partners lp	418.57K	10.46%	$86.94M
Crow's nest lp	220.00K	10.27%	$45.70M

Top Buyers

Holder	Shares	% Assets	Change
Norges bank	7.55M	0.23%	7.55M
Jennison associates	3.91M	0.52%	3.78M
Egerton capital (uk) llp	1.54M	3.23%	1.54M
Nuveen asset management	5.53M	0.34%	1.24M
Ubs asset management americas	4.74M	0.28%	1.18M

Top Sellers

Holder	Shares	% Assets	Change
Jpmorgan chase	13.54M	0.23%	-7.84M
Wellington management group llp	10.70M	0.40%	-6.32M
Amundi	3.20M	0.26%	-1.53M
Janus henderson group	7.84M	0.87%	-912.63K
Principal financial group	6.15M	0.76%	-869.70K

New Positions

Holder	Shares	% Assets	Change	Value
Norges bank	7.55M	0.23%	7.55M	$1.57B
Egerton capital (uk) llp	1.54M	3.23%	1.54M	$320.16M
Capitolis liquid global markets	448.00K	1.15%	448.00K	$93.05M
Corebridge financial	163.91K	0.19%	163.91K	$34.05M
Fjarde ap-fonden (the fourth swedish national pensionfund)	140.57K	0.33%	140.57K	$29.20M

Sold Out

Holder	Change
Redwood wealth management group	-2.00
Tfo-tdc	-7.00
Strengthening families & communities	-7.00
Triad wealth partners	-7.00
Financial gravity asset management	-8.00

Institutional Ownership Trends

Date	Holdings	Change %	Shares	Change %	Ownership	Change %	Increased Position	Change %	Decreased Position	Change %
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%
Sep 30, 2023	1,207	-0.33%	496,784,976	0.09%	84	1.18%	542	6.27%	451	-9.44%

Top Mutual Funds Shareholders

Holder	Shares	% Holding	Change
Vanguard Total Stock Mkt Idx Inv	18.48M	3.15%	-66.00K
Vanguard Institutional 500 Index Trust	15.52M	2.65%	181.88K
MFS Large Cap Value Equity	9.46M	1.62%	-209.24K
MFS Value A	9.40M	1.60%	-62.84K
Fidelity 500 Index	7.20M	1.23%	-16.06K
SPDR® S&P 500® ETF Trust	7.19M	1.23%	-40.02K
iShares Core S&P 500 ETF	6.61M	1.13%	20.47K
Capital Group Growth Fnd of Amer Comp	6.45M	1.10%	1.48M
American Funds Growth Fund of Amer A	6.45M	1.10%	1.48M
Vanguard Wellington™ Inv	5.72M	0.98%	-620.37K

Recent Insider Transactions

Date	Name	Role	Activity	Value
Nov 29, 2024	Sauerland John P	VP and Chief Financial Officer	Sell	$2.68M
Oct 21, 2024	Broz Steven	Chief Information Officer	Sell	$748.68K
Sep 27, 2024	Van Dyke Kahina	-	Sell	$549.97K
Sep 23, 2024	Broz Steven	Chief Information Officer	Sell	$775.32K
Sep 20, 2024	Callahan Patrick K	Personal Lines President	Sell	$1.96M

Insider Transactions Trends

Date	Buy	Sell
2024 Q4	-	1
2024 Q3	-	17
2024 Q2	-	7
2024 Q1	-	8
2023 Q4	-	7

PGR Ownership FAQ

Who Owns Progressive?

Progressive shareholders are primarily institutional investors at 83.26%, followed by 0.28% insiders and 16.46% retail investors. The average institutional ownership in Progressive's industry, Property & Casualty Insurance Stocks, is 65.87%, which Progressive exceeds.

Who owns the most shares of Progressive?

Progressive’s largest shareholders are Vanguard group (52.22M shares, 8.92%), Blackrock (48.46M shares, 8.28%), and State street (24.37M shares, 4.16%). Together, they hold 21.36% 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 41.89% of its assets in 551.28K Progressive shares, valued at 114.51M$.

Who is the top mutual fund holder of Progressive shares?

Vanguard Total Stock Mkt Idx Inv is the top mutual fund holder of Progressive shares, with 3.15% of its total shares outstanding invested in 18.48M Progressive shares.

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