Progressive Ownership | Who Owns Progressive?

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Progressive Ownership Summary

Progressive is owned by 0.89% institutional investors, 0.27% insiders, and 98.84% retail investors. Vanguard group is the largest institutional shareholder, holding 9.12% of PGR shares. Vanguard Total Stock Mkt Idx Inv is the top mutual fund, with 3.21% of its assets in Progressive shares.

PGR Ownership Benchmark

Type	Name	% Inst	% Insiders	% Retail
Stock	Progressive	0.89%	0.27%	98.84%
Sector	Financial Services Stocks	71.97%	15.45%	12.58%
Industry	Property & Casualty Insurance Stocks	47.94%	13.15%	38.90%

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
Pb investment partners	65.02K	14.57%	$18.40M
Makaira partners	329.24K	13.45%	$78.89M
140 summer partners lp	352.83K	12.98%	$99.86M
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
Fairman group	-4.00
Creekmur asset management	-5.00
Horizon financial services	-6.00

Institutional Ownership Trends

Date	Holdings	Change %	Shares	Change %	Ownership	Change %	Increased Position	Change %	Decreased Position	Change %
Mar 31, 2025	45	-97.51%	5,221,940	-98.96%	-	0.01%	18	-98.02%	18	-97.04%
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	-

Top Mutual Funds Shareholders

Holder	Shares	% Holding	Change
Vanguard Total Stock Mkt Idx Inv	18.80M	3.21%	284.46K
Vanguard US Total Market Shares ETF	18.55M	3.16%	5.71K
Vanguard Institutional 500 Index Trust	16.54M	2.82%	263.81K
MFS Large Cap Value Equity	9.07M	1.55%	-89.89K
MFS Value A	8.93M	1.52%	-145.67K
Fidelity 500 Index	7.35M	1.25%	12.68K
SPDR® S&P 500 ETF	7.29M	1.24%	-106.64K
SPDR® S&P 500® ETF Trust	7.10M	1.21%	-37.15K
SPDR® S&P 500® ETF	7.04M	1.20%	26.49K
Capital Group Growth Fnd of Amer Comp	6.92M	1.18%	-548.60K

Recent Insider Transactions

Date	Name	Role	Activity	Value
May 28, 2025	Sauerland John P	VP and Chief Financial Officer	Sell	$2.75M
May 23, 2025	Broz Steven	Chief Information Officer	Sell	$351.99K
May 22, 2025	Van Dyke Kahina	-	Sell	$691.40K
Apr 28, 2025	Sauerland John P	VP and Chief Financial Officer	Sell	$2.69M
Mar 28, 2025	Sauerland John P	VP and Chief Financial Officer	Sell	$2.76M

Insider Transactions Trends

Date	Buy	Sell
2025 Q2	-	4
2025 Q1	-	21
2024 Q4	-	3
2024 Q3	-	17
2024 Q2	-	7

PGR Ownership FAQ

Who Owns Progressive?

Progressive shareholders are primarily institutional investors at 0.89%, followed by 0.27% insiders and 98.84% retail investors. The average institutional ownership in Progressive's industry, Property & Casualty Insurance Stocks, is 47.94%, 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 Total Stock Mkt Idx Inv is the top mutual fund holder of Progressive shares, with 3.21% of its total shares outstanding invested in 18.8M Progressive shares.

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