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Progressive Corp

PGR
Exchange
NYSE
Industry
Fire, Marine & Casualty Insurance
SEC CIK
0000080661

In the last 90 days, Progressive Corp insiders filed 0 open-market purchases and 10 sales; 1,829 institutions reported holding it in 13F filings for Q2 2026, worth $111.1B in total; 3 superinvestors hold it, including Markel Group and Giverny Capital.

13F holders, Q4 2025

Institutional positions in Progressive Corp as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
1,836
+68 vs. Q3 2025
Shares held
508.3M
+12.3M (+2.5%) vs. Q3 2025
Total value
$115.6B
−$6.71B (−5.5%) vs. Q3 2025
New holders
240
671 more added
Sold out
172
714 more reduced

34 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting PGR on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 1,836 institutions
Q1 2021: 994 institutionsQ2 2021: 1,004 institutionsQ3 2021: 986 institutionsQ4 2021: 1,057 institutionsQ1 2022: 1,068 institutionsQ2 2022: 1,084 institutionsQ3 2022: 1,106 institutionsQ4 2022: 1,173 institutionsQ1 2023: 1,190 institutionsQ2 2023: 1,182 institutionsQ3 2023: 1,173 institutionsQ4 2023: 1,329 institutionsQ1 2024: 1,463 institutionsQ2 2024: 1,528 institutionsQ3 2024: 1,660 institutionsQ4 2024: 1,766 institutionsQ1 2025: 1,846 institutionsQ2 2025: 1,909 institutionsQ3 2025: 1,802 institutionsQ4 2025: 1,836 institutionsQ1 2026: 1,777 institutionsQ2 2026: 1,829 institutions
Value heldQ4 2025: $115.6B
Q1 2021: $46.0BQ2 2021: $47.9BQ3 2021: $44.3BQ4 2021: $50.5BQ1 2022: $56.2BQ2 2022: $58.2BQ3 2022: $57.5BQ4 2022: $64.5BQ1 2023: $71.6BQ2 2023: $65.9BQ3 2023: $70.3BQ4 2023: $80.0BQ1 2024: $103.5BQ2 2024: $103.3BQ3 2024: $125.9BQ4 2024: $120.7BQ1 2025: $143.2BQ2 2025: $134.8BQ3 2025: $122.6BQ4 2025: $115.6BQ1 2026: $100.7BQ2 2026: $111.1B
Institutions holding PGR and their total value by quarter
QuarterHoldersValue
Q2 20261,829$111.1B
Q1 20261,777$100.7B
Q4 20251,836$115.6B
Q3 20251,802$122.6B
Q2 20251,909$134.8B
Q1 20251,846$143.2B
Q4 20241,766$120.7B
Q3 20241,660$125.9B
Q2 20241,528$103.3B
Q1 20241,463$103.5B
Q4 20231,329$80.0B
Q3 20231,173$70.3B
Q2 20231,182$65.9B
Q1 20231,190$71.6B
Q4 20221,173$64.5B
Q3 20221,106$57.5B
Q2 20221,084$58.2B
Q1 20221,068$56.2B
Q4 20211,057$50.5B
Q3 2021986$44.3B
Q2 20211,004$47.9B
Q1 2021994$46.0B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Progressive Corp; share changes are against Q3 2025.

Institutions holding PGR in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
State of Alaska, Department of Revenue57,899$13.2M0.14%−4,795−7.6%Reduced
SageGuard Financial Group, LLC57,677$13.1M2.09%+57,677New
GoodHaven Capital Management, LLC57,470$13.1M4.24%00.0%Unchanged
Sycomore Asset Management51,770$13.1M2.16%+51,770New
GHP Investment Advisors, Inc.56,299$12.8M0.53%−401−0.7%Reduced
Pacer Advisors, Inc.55,506$12.6M0.03%+8,298+17.6%Added
Close Asset Management Ltd55,351$12.6M0.28%−351,538−86.4%Reduced
Baillie Gifford & Co54,606$12.4M0.01%00.0%Unchanged
Motley Fool Asset Management LLC54,531$12.4M0.48%+14,081+34.8%Added
Financial Strategies Group, Inc.58,429$12.4M2.25%+4,374+8.1%Added
Oppenheimer Asset Management Inc.54,286$12.4M0.15%−1,544−2.8%Reduced
Investment Management Corp of Ontario54,149$12.3M0.16%+17,325+47.0%Added
D.A. Davidson & Co.53,777$12.2M0.08%+31,558+142.0%Added
Cullen/Frost Bankers, Inc.53,264$12.1M0.13%−652−1.2%Reduced
12th Street Asset Management Company, LLC52,709$12.0M1.98%−10,577−16.7%Reduced
B. Metzler seel. Sohn & Co. AG52,490$12.0M0.10%+488+0.9%Added
Kinsale Capital Group, Inc.51,364$11.7M1.94%+1,888+3.8%Added
Manning & Napier Advisors LLC50,129$11.5M0.15%+500+1.0%Added
NewEdge Wealth, LLC50,604$11.5M0.13%+5,722+12.7%Added
Avanza Fonder AB49,853$11.4M0.29%+3,663+7.9%Added
Forbes J M & Co LLP49,215$11.2M0.91%+206+0.4%Added
Galvin, Gaustad & Stein, LLC49,094$11.2M0.87%+49,094New
NLB Skladi, upravljanje premozenja, d.o.o.49,084$11.2M0.51%+49,084New
CWM, LLC48,223$11.0M0.03%+4,097+9.3%Added
Employees Retirement System of Texas47,920$10.9M0.09%−22,097−31.6%Reduced
GWM Advisors LLC47,705$10.9M0.04%−15,566−24.6%Reduced
Toroso Investments, LLC49,666$10.8M0.05%−1,380−2.7%Reduced
UniSuper Management Pty Ltd44,960$10.2M0.06%+763+1.7%Added
Wealthspire Advisors, LLC44,787$10.2M0.08%+39,209+702.9%Added
Allstate Corp44,513$10.1M0.14%+22,915+106.1%Added
Quantbot Technologies LP43,385$9.88M0.33%−28,508−39.7%Reduced
Mizuho Securities USA LLC42,698$9.77M0.16%+20.0%Added
Osmosis Investment Management UK Ltd42,804$9.75M0.25%+42,804New
Trillium Asset Management, LLC40,949$9.68M0.30%−21,792−34.7%Reduced
Geneos Wealth Management Inc.42,281$9.63M0.24%−981−2.3%Reduced
AIA Group Ltd42,038$9.57M0.14%−33,873−44.6%Reduced
Banco Bilbao Vizcaya Argentaria, S.A.41,227$9.40M0.07%−28,817−41.1%Reduced
Ascent Group, LLC41,117$9.36M0.32%+1,908+4.9%Added
Integrated Wealth Concepts LLC40,565$9.24M0.11%−8,515−17.3%Reduced
We Are One Seven, LLC40,512$9.23M0.19%+526+1.3%Added
Vinva Investment Management Ltd40,009$9.20M0.11%+13,223+49.4%Added
Capital Group Private Client Services, Inc.40,020$9.11M0.15%−567−1.4%Reduced
Great Lakes Advisors, LLC39,057$8.89M0.07%+9,060+30.2%Added
Donaldson Capital Management, LLC38,741$8.82M0.28%+9,154+30.9%Added
Groupe la Francaise38,727$8.82M0.13%−26,299−40.4%Reduced
OpenArc Corporate Advisory, LLC38,712$8.82M0.15%+38,712New
Prudential PLC38,367$8.74M0.07%−15,760−29.1%Reduced
Turtle Creek Wealth Advisors, LLC37,781$8.60M0.68%+5,617+17.5%Added
Caisse des Depots Et Consignations37,439$8.53M0.19%+4,754+14.5%Added
Basswood Capital Management, L.L.C.37,427$8.52M0.38%+14,501+63.3%Added
Jones Financial Companies LLLP37,138$8.46M0.01%+1,465+4.1%Added
Investment House LLC37,095$8.45M0.40%+37,095New
Crossmark Global Holdings, Inc.36,933$8.41M0.12%−69,749−65.4%Reduced
Kentucky Retirement Systems36,792$8.38M0.23%00.0%Unchanged
Welch & Forbes LLC36,413$8.29M0.10%−110−0.3%Reduced
Signal Advisors Wealth, LLC36,386$8.29M0.66%+2,125+6.2%Added
Norinchukin Bank, The36,248$8.25M0.10%+2,365+7.0%Added
Assenagon Asset Management S.A.36,042$8.21M0.01%+5,468+17.9%Added
Atria Investments LLC35,668$8.12M0.09%−554−1.5%Reduced
Levin Capital Strategies, L.P.35,647$8.12M0.70%+34,380+2,713.5%Added
Voleon Capital Management LP35,194$8.01M0.17%−33,468−48.7%Reduced
Jain Global LLC35,121$8.00M0.08%+28,900+464.6%Added
Commerce Bank34,386$7.83M0.04%−18−0.1%Reduced
Horizon Investments, LLC36,337$7.78M0.10%+2,862+8.5%Added
Moore Capital Management, LP34,000$7.74M0.16%+34,000New
Hartford Investment Management Co33,922$7.72M0.23%−461−1.3%Reduced
Summit Global Investments33,480$7.62M0.45%−17,222−34.0%Reduced
Bretton Capital Management, LLC33,400$7.61M6.36%00.0%Unchanged
Jennison Associates LLC33,268$7.58M0.00%−22,865−40.7%Reduced
Captrust Financial Advisors33,236$7.57M0.01%+4,785+16.8%Added
Artemis Investment Management LLP33,207$7.56M0.09%−24,509−42.5%Reduced
Metis Global Partners, LLC33,142$7.55M0.18%+3,900+13.3%Added
Banque Cantonale Vaudoise33,047$7.53M0.27%+20,318+159.6%Added
Midwest Trust Co33,010$7.52M0.09%−6,073−15.5%Reduced
MASTERINVEST Kapitalanlage GmbH32,548$7.49M0.71%+3,066+10.4%Added
Arthur M. Cohen & Associates, LLC32,815$7.47M1.22%−1,154−3.4%Reduced
Ipswich Investment Management Co., Inc.32,799$7.47M1.73%−121−0.4%Reduced
Annandale Capital, LLC32,794$7.47M1.22%+1,310+4.2%Added
Tower Research Capital LLC (TRC)32,793$7.47M0.18%+22,015+204.3%Added
Osprey Private Wealth LLC32,516$7.40M2.13%+7,961+32.4%Added
iA Global Asset Management Inc.32,495$7.40M0.09%−2,791−7.9%Reduced
First American Trust, FSB32,390$7.38M0.51%−4,701−12.7%Reduced
Advisors Asset Management, Inc.32,162$7.32M0.12%+3,736+13.1%Added
Exchange Traded Concepts, LLC32,076$7.30M0.06%+528+1.7%Added
Warren Averett Asset Management, LLC32,037$7.30M0.06%+2,171+7.3%Added
FSM Wealth Advisors, LLC31,521$7.18M0.98%+878+2.9%Added
Abn Amro Investment Solutions31,310$7.13M0.11%+24,212+341.1%Added
William Blair Investment Management, LLC30,989$7.06M0.02%+2,290+8.0%Added
BankPlus Trust Department30,458$6.94M1.81%+1,495+5.2%Added
Johnson Investment Counsel Inc30,275$6.89M0.06%−215−0.7%Reduced
Karl Kapital LLC30,208$6.88M6.10%+30,208New
Tortoise Investment Management, LLC30,100$6.85M0.60%+141+0.5%Added
Louisiana State Employees Retirement System30,000$6.83M0.12%−800−2.6%Reduced
Gulf International Bank (UK) Ltd29,505$6.72M0.22%+90.0%Added
Hamilton Capital Partners Inc.29,489$6.72M0.25%+2,031+7.4%Added
Carret Asset Management, LLC29,450$6.71M0.64%+4,000+15.7%Added
HB Wealth Management, LLC29,391$6.69M0.04%−1,251−4.1%Reduced
Maryland State Retirement & Pension System29,263$6.66M0.14%+200+0.7%Added
Johnson Financial Group, Inc.29,226$6.66M0.25%−1,145−3.8%Reduced
Park Avenue Securities LLC28,841$6.57M0.06%−5,855−16.9%Reduced