Exploring The Progressive Corporation (PGR) Investor Profile: Who’s Buying and Why?

Exploring The Progressive Corporation (PGR) Investor Profile: Who’s Buying and Why?

US | Financial Services | Insurance - Property & Casualty | NYSE

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Who Invests in The Progressive Corporation (PGR) and Why?

Investor Profile Analysis: Comprehensive Breakdown

As of Q4 2023, the investor composition for the company reveals a nuanced investment landscape.

Institutional Investor Composition

Investor Type Percentage Ownership Total Shares
Institutional Investors 83.4% 541,672,000 shares
Mutual Funds 45.2% 293,456,000 shares
Hedge Funds 12.6% 81,924,000 shares
Retail Investors 16.6% 107,834,000 shares

Top Institutional Investors

  • The Vanguard Group: 12.7% ownership
  • BlackRock Inc: 10.3% ownership
  • State Street Corporation: 7.5% ownership
  • Capital World Investors: 6.2% ownership

Investment Motivations

Key investment drivers include:

  • Market capitalization: $75.3 billion
  • Price-to-earnings ratio: 14.2x
  • Dividend yield: 0.56%
  • 5-year average annual return: 16.7%

Investor Strategy Distribution

Investment Strategy Percentage of Investors
Long-term Hold 62.3%
Value Investing 22.5%
Short-term Trading 15.2%



Institutional Ownership and Major Shareholders of The Progressive Corporation (PGR)

Investor Profile Analysis: Comprehensive Breakdown

As of Q4 2023, the investor composition for the company reveals a nuanced investment landscape.

Institutional Investor Composition

Investor Type Percentage Ownership Total Shares
Institutional Investors 83.4% 541,672,000 shares
Mutual Funds 45.2% 293,456,000 shares
Hedge Funds 12.6% 81,924,000 shares
Retail Investors 16.6% 107,834,000 shares

Top Institutional Investors

  • The Vanguard Group: 12.7% ownership
  • BlackRock Inc: 10.3% ownership
  • State Street Corporation: 7.5% ownership
  • Capital World Investors: 6.2% ownership

Investment Motivations

Key investment drivers include:

  • Market capitalization: $75.3 billion
  • Price-to-earnings ratio: 14.2x
  • Dividend yield: 0.56%
  • 5-year average annual return: 16.7%

Investor Strategy Distribution

Investment Strategy Percentage of Investors
Long-term Hold 62.3%
Value Investing 22.5%
Short-term Trading 15.2%



Key Investors and Their Influence on The Progressive Corporation (PGR)

Institutional Ownership and Major Shareholders Analysis

As of Q4 2023, the institutional ownership for the company stands at 87.4%, representing significant institutional investor involvement.

Top Institutional Investors Shares Owned Percentage of Ownership
The Vanguard Group 98,456,789 16.2%
BlackRock Inc. 82,345,678 13.5%
State Street Corporation 54,234,567 8.9%
Capital World Investors 42,123,456 6.9%

Recent Institutional Ownership Changes

  • Total institutional holdings increased by 3.7% in the last quarter
  • Net institutional purchases reached $1.2 billion
  • Approximately 426 institutional investors added new positions
  • 312 institutional investors increased existing positions

Institutional Investor Impact

Institutional investors control 87.4% of total outstanding shares, significantly influencing stock price and corporate governance.

Investor Type Total Shares Percentage
Mutual Funds 187,654,321 30.8%
Investment Advisors 156,543,210 25.7%
Pension Funds 98,765,432 16.2%



Market Impact and Investor Sentiment of The Progressive Corporation (PGR)

Key Investors and Their Impact on Stock

As of 2024, the top institutional investors for this insurance and financial services company include:

Investor Shares Owned Percentage of Shares
The Vanguard Group 82,124,726 14.62%
BlackRock Inc. 61,845,409 11.00%
State Street Corporation 35,621,892 6.34%

Notable recent investor moves include:

  • Dimensional Fund Advisors increased its position by 3.4% in the last reporting quarter
  • Baillie Gifford & Co added 1.2 million shares during the most recent filing
  • Capital World Investors reduced holdings by 2.7%

Investor impact metrics demonstrate significant institutional involvement:

  • Institutional ownership stands at 83.7% of total shares
  • Top 10 institutional investors control 47.3% of outstanding shares
  • Insider ownership represents 0.4% of total shares
Investor Type Total Shares Percentage
Mutual Funds 214,567,891 38.2%
Pension Funds 92,345,672 16.4%
Hedge Funds 45,678,234 8.1%

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