The Progressive Corporation
CH ˙ SWX ˙ US7433151039
SecurityCH:PGR / The Progressive Corporation
InstitutionBanco Santander, S.A.
Latest Disclosed Ownership81,601 shares
Latest Disclosed Value $ 16,176,582
Banco Santander, S.A. reports 0.10% decrease in ownership of PGR / The Progressive Corporation

On May 8, 2026 - Banco Santander, S.A. filed a 13F-HR form disclosing ownership of 81,601 shares of The Progressive Corporation (CH:PGR) valued at $16,176,582 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 81,685 shares of The Progressive Corporation. This represents a change in shares of -0.10% during the quarter.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date
Effective
Date
Form Security Class ID Avg Price
Paid (Est)
Reported
Shares
ΔShares ΔShares
(%)
Reported
Value
(x1000)
ΔValue
(%)
Alloc
(%)
ΔAlloc ΔAlloc (%) Cost Basis
(x1000)
Unrealized
Gain/Loss
(x1000)
2026-05-08 2026-03-31 13F PROGRESSIVE COM 743315103 81,601 -84 -0.10 16,177 -13.04 0.0764
2026-02-13 2025-12-31 13F PROGRESSIVE COM 743315103 81,685 2,620 3.31 18,601 -4.73 0.1393
2025-11-12 2025-09-30 13F PROGRESSIVE COM 743315103 79,065 -8,587 -9.80 19,525 -16.52 0.1734
2025-08-01 2025-06-30 13F PROGRESSIVE COM 743315103 87,652 1,015 1.17 23,391 -4.60 0.2221
2025-05-09 2025-03-31 13F PROGRESSIVE COM 743315103 86,637 -23,814 -21.56 24,519 -7.35 0.2706
2025-02-07 2024-12-31 13F PROGRESSIVE COM 743315103 110,451 6,175 5.92 26,465 0.02 0.3184
2024-11-12 2024-09-30 13F PROGRESSIVE COM 743315103 104,276 12,845 14.05 26,461 39.33 0.3119
2024-07-29 2024-06-30 13F PROGRESSIVE COM 743315103 91,431 11,096 13.81 18,991 14.31 0.2354
2024-05-10 2024-03-31 13F PROGRESSIVE COM 743315103 80,335 80,335 16,615 0.2003
2020-05-11 2020-03-31 13F PROGRESSIVE CORP OHIO COM 743315103 0 -11,491 -100.00 0 -100.00
2020-02-07 2019-12-31 13F PROGRESSIVE CORP OHIO COM 743315103 11,491 -401 -3.37 832 -9.47 0.0077
2019-11-06 2019-09-30 13F PROGRESSIVE CORP OHIO COM 743315103 11,892 537 4.73 919 1.21 0.0089
2019-08-07 2019-06-30 13F PROGRESSIVE CORP OHIO COM 743315103 11,355 -1,290 -10.20 908 -0.44 0.0092
2019-05-13 2019-03-31 13F PROGRESSIVE CORP OHIO COM 743315103 12,645 -497,534 -97.52 912 -97.04 0.0103
2019-02-12 2018-12-31 13F PROGRESSIVE CORP OHIO COM 743315103 510,179 496,007 3,499.91 30,779 2,956.50 0.3890
2018-11-13 2018-09-30 13F PROGRESSIVE CORP OHIO COM 743315103 14,172 4,283 43.31 1,007 72.14 0.0115
2018-08-14 2018-06-30 13F PROGRESSIVE CORP OHIO COM 743315103 9,889 191 1.97 585 -1.02 0.0068
2018-05-14 2018-03-31 13F PROGRESSIVE CORP OHIO COM 743315103 9,698 9,698 591 0.0069
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.