Progressive Corporation: which funds bought and sold

Institutions that bought and sold Progressive shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 859 institutions that filed 13F reports for both quarters added to or opened positions in Progressive, and 830 cut or closed them. Together they sold a net 6.0M shares, −1.2% on what they held at the start of the quarter. Active managers and hedge funds on our list were net sellers of 1.1M shares (−0.8%); index fund managers were net sellers of 2.5M shares (−1.6%). 171 opened a new position and 126 sold out entirely.

Bought, Q2 2026 859 institutions, 171 of them new holders Sold, Q2 2026 830 institutions, 126 of them sold out

Net change, all compared −6.0M shares (−1.2%)

Net change, active managers −1.1M shares (−0.8%), 45 bought, 67 sold

Buyers versus sellers

institutions compared, 1,909

859 bought 220 830 sold

Active managers and hedge funds 45 bought · 67 sold · −1.1M

Index fund managers 6 bought · 6 sold · −2.5M

Other institutions 808 bought · 757 sold · −2.4M

Biggest buyers

by change in shares held

Biggest buyers
Institution	Change in shares	Shares June 30, 2026	Value
Capital Research Global Investors Active manager	+4.0M +17.6%	26.5M	$5.8B
Arrowstreet Capital, Limited Partnership Hedge fund	+3.4M +128.7%	6.1M	$1.3B
FMR LLC Active manager	+3.4M +43.2%	11.2M	$2.4B
Boston Partners Active manager	+1.5M +13097.5%	1.5M	$325M
Franklin Resources Inc Active manager	+1.4M +55.1%	3.9M	$844M
Longview Partners (Guernsey) Ltd	+1.2M New position	1.2M	$266M
Geode Capital Management, LLC Index funds	+753K +4.6%	17.0M	$3.7B
Brown Advisory Inc Active manager	+664K +42.9%	2.2M	$484M
State Street Corp Index funds	+656K +2.5%	26.5M	$5.8B
Woodline Partners LP Hedge fund	+651K +226.4%	938K	$205M
Caisse De Depot Et Placement Du Quebec	+607K +36.9%	2.3M	$492M
Voya Investment Management LLC	+483K +513.4%	577K	$126M
Morgan Stanley	+465K +5.3%	9.3M	$2B
Royal Bank Of Canada	+447K +18.7%	2.8M	$620M
Life Cycle Investment Partners Ltd	+435K +28.0%	2.0M	$434M
Allianz Asset Management Gmbh	+417K +107.9%	804K	$170M
UBS Am, A Distinct Business Unit Of UBS Asset Management Americas LLC	+410K +6.4%	6.8M	$1.5B
Alecta Tjanstepension Omsesidigt	+397K +57.1%	1.1M	$238M
Healthcare Of Ontario Pension Plan Trust Fund	+366K +323.9%	480K	$105M
Charles Schwab Investment Management Inc Index funds	+360K +8.1%	4.8M	$1B

Biggest buyers, active managers and hedge funds
Institution	Change in shares	Shares June 30, 2026	Value
Capital Research Global Investors Active manager	+4.0M +17.6%	26.5M	$5.8B
Arrowstreet Capital, Limited Partnership Hedge fund	+3.4M +128.7%	6.1M	$1.3B
FMR LLC Active manager	+3.4M +43.2%	11.2M	$2.4B
Boston Partners Active manager	+1.5M +13097.5%	1.5M	$325M
Franklin Resources Inc Active manager	+1.4M +55.1%	3.9M	$844M
Brown Advisory Inc Active manager	+664K +42.9%	2.2M	$484M
Woodline Partners LP Hedge fund	+651K +226.4%	938K	$205M
American Century Companies Inc Active manager	+308K +20.5%	1.8M	$396M
Citadel Advisors LLC Hedge fund	+270K +60.3%	719K	$157M
Millennium Management LLC Hedge fund	+209K +403.3%	261K	$57M

Biggest sellers

by change in shares held

Biggest sellers
Institution	Change in shares	Shares June 30, 2026	Value
Massachusetts Financial Services Co Active manager	−4.4M −36.7%	7.7M	$1.7B
Blackrock, Inc. Index funds	−4.3M −8.2%	48.0M	$10.5B
GQG Partners LLC Active manager	−2.1M −22.9%	7.0M	$1.5B
Jpmorgan Chase & Co	−1.8M −15.1%	10.3M	$2.3B
Capital World Investors Active manager	−1.7M −11.9%	12.5M	$2.7B
Viking Global Investors LP Hedge fund	−1.6M Sold out	0	—
Capital International Investors Active manager	−1.1M −12.7%	7.7M	$1.7B
Balyasny Asset Management L.P. Hedge fund	−1.1M −98.1%	21K	$4.5M
Barclays PLC	−1.0M −36.9%	1.8M	$390M
Alliancebernstein L.P. Active manager	−987K −9.7%	9.2M	$1.8B
AQR Capital Management LLC Hedge fund	−960K −39.9%	1.4M	$316M
Wellington Management Group LLP Active manager	−750K −11.6%	5.7M	$1.3B
BNP Paribas Financial Markets	−658K −25.4%	1.9M	$423M
Bank Of America Corp	−595K −4.6%	12.3M	$2.7B
UBS Group AG	−552K −18.9%	2.4M	$517M
APG Asset Management N.V.	−510K −30.3%	1.2M	$224M
Two Sigma Investments, LP Hedge fund	−497K −14.1%	3.0M	$662M
First Trust Advisors LP	−408K −28.0%	1.0M	$229M
Temasek Holdings (Private) Ltd	−322K −32.4%	672K	$147M
Nuveen, LLC	−309K −11.7%	2.3M	$509M

Biggest sellers, active managers and hedge funds
Institution	Change in shares	Shares June 30, 2026	Value
Massachusetts Financial Services Co Active manager	−4.4M −36.7%	7.7M	$1.7B
GQG Partners LLC Active manager	−2.1M −22.9%	7.0M	$1.5B
Capital World Investors Active manager	−1.7M −11.9%	12.5M	$2.7B
Viking Global Investors LP Hedge fund	−1.6M Sold out	0	—
Capital International Investors Active manager	−1.1M −12.7%	7.7M	$1.7B
Balyasny Asset Management L.P. Hedge fund	−1.1M −98.1%	21K	$4.5M
Alliancebernstein L.P. Active manager	−987K −9.7%	9.2M	$1.8B
AQR Capital Management LLC Hedge fund	−960K −39.9%	1.4M	$316M
Wellington Management Group LLP Active manager	−750K −11.6%	5.7M	$1.3B
Two Sigma Investments, LP Hedge fund	−497K −14.1%	3.0M	$662M

New positions

largest by value

Institution	Shares	Value June 30, 2026
Longview Partners (Guernsey) Ltd	1.2M	$266M
Gillson Capital LP	321K	$70.1M
HRT Financial LP	228K	$49.8M
Blue Grotto Capital, LLC	178K	$38.9M
Freestone Grove Partners LPHedge fund	172K	$37.5M
Blue Sparrow, LLC	100K	$21.8M
Y-Intercept (Hong Kong) Ltd	68K	$14.8M
Jacobs Levy Equity Management, IncActive manager	57K	$12.5M
Schonfeld Strategic Advisors LLCHedge fund	49K	$10.7M
Providence Capital Advisors, LLC	35K	$7.7M

Sold out

largest by value

Institution	Shares	Value March 31, 2026
Viking Global Investors LPHedge fund	1.6M	$320M
Ontario Teachers Pension Plan Board	267K	$52.9M
Marshall Wace, LLPHedge fund	215K	$42.7M
Tudor Investment Corp Et AlHedge fund	63K	$12.5M
Parkwood LLC	51K	$10.1M
Ycg, LLC	36K	$7.2M
Baillie Gifford & CoActive manager	36K	$7.2M
Taikang Asset Management (Hong Kong) Co Ltd	33K	$6.6M
Aware Super Pty Ltd As Trustee Of Aware Super	30K	$6M
Triglav Investments, D.O.O.	29K	$5.7M

Who holds the shares

13F holdings at June 30, 2026

Institutions reporting: 1,811
Ten largest holders: 42.1%
Index fund managers: 30.8%
Active managers and hedge funds: 28.6%

Buying and selling by type of institution, March 31, 2026 to June 30, 2026
Type	Bought	Sold	New	Sold out	Net change in shares	Net %
Active managers and hedge funds	45	67	9	10	−1.1M	−0.8%
Index fund managers	6	6	0	0	−2.5M	−1.6%
Other institutions	808	757	162	116	−2.4M	−1.2%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

What these filings can and cannot tell you

Form 13F lists the long positions in US-listed shares held by investment managers with more than $100 million in such holdings. Managers file it up to 45 days after each quarter ends, so this page shows what funds held at the end of each quarter, not what they are doing now: a position may have changed since. Short positions, most derivatives and smaller managers are not included, and a cut can mean a fund lost clients or rebalanced rather than a view on Progressive.

Only managers that filed a holdings report for both quarters are compared (1,909 here). 61 other holders are left out: first-time or late filers, firms that changed their SEC registration, and filings that withheld positions under confidential treatment, any of which would otherwise look like a new position or a sale. Figures are as reported by each manager in the SEC's quarterly 13F data sets; option positions are excluded.

← Back to Progressive Corporation · Insiders · Politicians