The Progressive Corporation
MX ˙ BMV ˙ US7433151039
SecurityMX:PGR / The Progressive Corporation
InstitutionCommonwealth Equity Services, Llc
Latest Disclosed Ownership86,950 shares
Latest Disclosed Value $ 19,800,251
Commonwealth Equity Services, Llc reports 12.99% increase in ownership of PGR / The Progressive Corporation

On February 12, 2026 - Commonwealth Equity Services, Llc filed a 13F-HR form disclosing ownership of 86,950 shares of The Progressive Corporation (MX:PGR) valued at $19,800,251 USD as of December 31, 2025. The entity filed a previous 13F-HR on October 22, 2025 disclosing 76,953 shares of The Progressive Corporation. This represents a change in shares of 12.99% 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.

Upgrade to unlock premium data and export to Excel .

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)
2026-02-12 2025-12-31 13F PROGRESSIVE COM 743315103 86,950 9,997 12.99 19,800 104,110.53 0.0264
2025-10-22 2025-09-30 13F PROGRESSIVE COM 743315103 76,953 -2,841 -3.56 19 -9.52 0.0246
2025-08-06 2025-06-30 13F PROGRESSIVE COM 743315103 79,794 -8,441 -9.57 21 -12.50 0.0281
2025-05-09 2025-03-31 13F PROGRESSIVE COM 743315103 88,235 12,025 15.78 25 33.33 0.0353
2025-02-10 2024-12-31 13F PROGRESSIVE COM 743315103 76,210 -3,109 -3.92 18 -10.00 0.0267
2024-10-18 2024-09-30 13F PROGRESSIVE COM 743315103 79,319 -7,279 -8.41 20 17.65 0.0305
2024-07-31 2024-06-30 13F PROGRESSIVE COM 743315103 86,598 -4,635 -5.08 18 -5.56 0.0285
2024-04-29 2024-03-31 13F PROGRESSIVE COM 743315103 91,233 2,421 2.73 19 28.57 0.0314
2024-02-06 2023-12-31 13F PROGRESSIVE COM 743315103 88,812 3,657 4.29 14 27.27 0.0259
2023-10-23 2023-09-30 13F PROGRESSIVE COM 743315103 85,155 2,452 2.96 12 10.00 0.0246
2023-08-10 2023-06-30 13F PROGRESSIVE COM 743315103 82,703 -24 -0.03 11 -9.09 0.0223
2023-05-11 2023-03-31 13F PROGRESSIVE COM 743315103 82,727 -7,998 -8.82 12 0.00 0.0248
2023-02-07 2022-12-31 13F PROGRESSIVE COM 743315103 90,725 5,796 6.82 12 -99.89 0.0283
2022-11-14 2022-09-30 13F PROGRESSIVE COM 743315103 84,929 15,371 22.10 9,869 22.04 0.0254
2022-07-19 2022-06-30 13F PROGRESSIVE COM 743315103 69,558 2,098 3.11 8,087 5.18 0.0211
2022-05-04 2022-03-31 13F PROGRESSIVE COM 743315103 67,460 -6,447 -8.72 7,689 1.36 0.0176
2022-01-31 2021-12-31 13F PROGRESSIVE COM 743315103 73,907 2,936 4.14 7,586 18.25 0.0171
2021-10-29 2021-09-30 13F PROGRESSIVE COM 743315103 70,971 668 0.95 6,415 -7.08 0.0161
2021-08-11 2021-06-30 13F PROGRESSIVE COM 743315103 70,303 4,834 7.38 6,904 10.31 0.0175
2021-05-04 2021-03-31 13F PROGRESSIVE COM 743315103 65,469 7,823 13.57 6,259 9.81 0.0177
2021-02-11 2020-12-31 13F PROGRESSIVE COM 743315103 57,646 390 0.68 5,700 5.17 0.0171
2020-11-05 2020-09-30 13F PROGRESSIVE COM 743315103 57,256 -2,521 -4.22 5,420 13.20 0.0185
2020-08-12 2020-06-30 13F PROGRESSIVE CORP OHIO COM 743315103 59,777 -6,612 -9.96 4,788 -2.33 0.0181
2020-05-11 2020-03-31 13F PROGRESSIVE CORP OHIO COM 743315103 66,389 5,027 8.19 4,902 10.36 0.0228
2020-02-05 2019-12-31 13F PROGRESSIVE CORP OHIO COM 743315103 61,362 14,976 32.29 4,442 23.97 0.0169
2019-10-30 2019-09-30 13F PROGRESSIVE CORP OHIO COM 743315103 46,386 4,111 9.72 3,583 6.04 0.0153
2019-07-19 2019-06-30 13F PROGRESSIVE CORP OHIO COM 743315103 42,275 1,411 3.45 3,379 14.74 0.0149
2019-05-13 2019-03-31 13F PROGRESSIVE CORP OHIO COM 743315103 40,864 333 0.82 2,945 20.45 0.0136
2019-02-11 2018-12-31 13F PROGRESSIVE CORP OHIO COM 743315103 40,531 3,452 9.31 2,445 -7.18 0.0130
2018-11-06 2018-09-30 13F PROGRESSIVE CORP OHIO COM 743315103 37,079 1,001 2.77 2,634 23.43 0.0126
2018-07-31 2018-06-30 13F PROGRESSIVE CORP OHIO COM 743315103 36,078 5,629 18.49 2,134 15.04 0.0112
2018-05-14 2018-03-31 13F PROGRESSIVE CORP OHIO COM 743315103 30,449 4,652 18.03 1,855 27.67 0.0101
2018-02-12 2017-12-31 13F PROGRESSIVE CORP OHIO COM 743315103 25,797 25,797 1,453 0.0079
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.