Progressive CORP (PGR) — Who Owns This Stock? 13F Breakdown (Q2 2026)

PGR ranks #169 out of 37696 tracked stocks by institutional interest — one of the most closely watched names in our coverage.

PGR is a top-conviction position for Marshfield Associates — at 11.0% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.

The largest dollar stake in PGR belongs to BlackRock, Inc., but the position matters far more to Marshfield Associates, who has 11.0% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.

Concurrent Investment Advisors, LLC has added to its PGR position for two straight quarters, increasing it by $8.6M to reach $10.3M today.

Vontobel Holding Ltd. has trimmed its PGR position for two straight quarters, cutting it by $42.2M while still holding $112.9M.

PGR is down 0.6% today, but institutions show net buying of $32.7B this quarter — a divergence between today's price move and the underlying institutional flow.

PGR posted net income of $11.7B over the trailing twelve months, and currently trades at a P/E of 10.9.

• Profitable — net income of $11.7B over the trailing twelve months
• Revenue grew 10.5% year over year
• Net income improved year over year, from $10.4B to $11.7B
• Generated $17.5B in positive operating cash flow
• Liabilities run 3.06x equity — a highly leveraged balance sheet worth noting