Who Owns Progressive Stock?
NYSE: PGRFinanceProperty-Casualty InsurersUSD
Market open · Delayed 15 min · as of Oct 9, 3:31 PM ET
Ownership breakdown
- Held by institutions
- 89.91%
- Held by insiders
- 0.24%
- Institutional holders
- 2,468
- Institutions 89.9%
- Insiders 0.2%
- Public and other 9.8%
Who owns Progressive stock?
Institutional investors own about 89.9% of Progressive's shares, spread across 2,468 institutions that file 13F reports. That level of institutional ownership is high, typical of large, widely followed companies. Insiders, including executives, directors and large founding shareholders, hold 0.24% of PGR.
The largest institutional holders are Blackrock Inc. (8.26%), Vanguard Capital Management LLC (6.56%) and Capital Research Global Investors (4.57%). Together, the top 10 institutions control 36.9% of shares outstanding. In their latest filings, 5 of the top 10 institutions increased their PGR positions and 5 reduced them.
Summary generated from market data by MetaCap's automated system. Methodology
Top institutional holders of PGR
| Institution | Shares | % Held | Change |
|---|---|---|---|
| Blackrock Inc. | 48.05M | 8.26% | -8.2% |
| Vanguard Capital Management LLC | 38.15M | 6.56% | +0.1% |
| Capital Research Global Investors | 26.55M | 4.57% | +17.6% |
| State Street Corporation | 26.53M | 4.56% | +2.5% |
| Geode Capital Management, LLC | 17.01M | 2.93% | +4.6% |
| Capital World Investors | 12.49M | 2.15% | -11.9% |
| Bank of America Corporation | 12.28M | 2.11% | -4.6% |
| Vanguard Portfolio Management LLC | 11.69M | 2.01% | -0.1% |
| FMR, LLC | 11.21M | 1.93% | +43.2% |
| JPMORGAN CHASE & CO | 10.30M | 1.77% | -15.1% |
% held is the share of total shares outstanding. Change is the percentage change in the position since the holder's previous 13F filing.
Top mutual fund and ETF holders of PGR
| Fund | Shares | % Held |
|---|---|---|
| VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund | 18.52M | 3.19% |
| VANGUARD INDEX FUNDS-Vanguard 500 Index Fund | 15.14M | 2.60% |
| iShares Trust-iShares Core S&P 500 ETF | 7.78M | 1.34% |
| Fidelity Concord Street Trust-Fidelity 500 Index Fund | 7.59M | 1.30% |
| SPDR S&P 500 ETF TRUST-State Street SPDR S&P 500 ETF Trust | 7.14M | 1.23% |
| Investment Co of America | 6.67M | 1.15% |
| MFS SERIES TRUST I-MFS Value Fund | 6.58M | 1.13% |
| Fidelity Contrafund | 5.71M | 0.98% |
| AMERICAN MUTUAL FUND | 5.67M | 0.98% |
| VANGUARD INDEX FUNDS-Vanguard Value Index Fund | 5.55M | 0.96% |
Frequently asked questions
Who is the largest shareholder of Progressive?
Blackrock Inc. is the largest institutional shareholder of PGR, owning 8.26% of shares outstanding (48.05M shares) as of its latest 13F filing.
What percentage of Progressive is owned by institutions?
Institutions own about 89.9% of PGR shares and 90.1% of the public float.
How much of Progressive do insiders own?
Insiders, such as officers and directors, own about 0.24% of PGR shares outstanding.
Where does institutional ownership data come from?
Investment managers with more than $100 million in US equities must file Form 13F with the SEC within 45 days of each quarter-end. Holdings are therefore up to about 4.5 months old when published.