The Progressive Corporation (PGR)

Highly Crowded

Held by 1,685 of 5,944 reporting institutions (99th percentile) — extremely crowded.

Data as of Q1 2026

Institutional Ownership

82.18%

QoQ Change

N/A

Total Value

$93.0T

Shares Outstanding

584.3M

Crowding AnalysisHighly Crowded

Holders1,685of 5,944

Avg: 68

Uncrowded99th percentileCrowded

Institutional Activity

Buy/Sell Ratio0.93x

99th percentile

859 buying928 selling

+164

New

-235

Closed

+169K

Net shares

Holding Period Distribution

estimate

Median: 5 QAvg: 4.8 QHolders: 1,685

Ownership Concentration

Top 5: 32.3%Top 10: 45.4%

BlackRock,10.9%

VANGUARD CAPITAL MANAGEMENT7.9%

STATE STREET5.4%

Capital Research Global Investors4.7%

GEODE CAPITAL MANAGEMENT,3.4%

Others (1680)67.7%

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Conviction-Weighted Ownership

Median weight: 0.19%Avg weight: 0.31%Max: 0.81%High conviction (>1%): 0

BlackRock,

VANGUARD CAPITAL MANAGEMENT

STATE STREET

Capital Research Global Investors

GEODE CAPITAL MANAGEMENT,

Capital World Investors

BANK OF AMERICA

JPMORGAN CHASE &

MASSACHUSETTS FINANCIAL SERVICES CO

VANGUARD PORTFOLIO MANAGEMENT

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Whale Moves Timeline (8 Quarters)

Biggest dollar-value position changes among top 10 holders

NEWVANGUARD CAPITAL MANAGEMENT$7.6B38.1M shr

NEWCapital World Investors$2.8B14.2M shr

NEWVANGUARD PORTFOLIO MANAGEMENT$2.3B11.7M shr

BOUGHTCapital Research Global Investors$2.3B11.4M shr

SOLDJPMORGAN CHASE$682M3.4M shr

NEWGQG Partners$2.4B10.4M shr

BOUGHTBlackRock$772M3.4M shr

SOLDJPMORGAN CHASE$644M2.8M shr

BOUGHTCapital International Investors$277M1.2M shr

BOUGHTVANGUARD GROUP$135M594K shr

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Institutional Trends (8 Quarters)

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Institutional Holders

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