The Progressive Corporation
MX ˙ BMV ˙ US7433151039
SecurityMX:PGR / The Progressive Corporation
InstitutionMackenzie Financial Corp
Latest Disclosed Ownership403,082 shares
Latest Disclosed Value $ 79,906,976
Mackenzie Financial Corp reports 47.03% increase in ownership of PGR / The Progressive Corporation

On May 13, 2026 - Mackenzie Financial Corp filed a 13F-HR form disclosing ownership of 403,082 shares of The Progressive Corporation (MX:PGR) valued at $79,906,976 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 18, 2026 disclosing 274,152 shares of The Progressive Corporation. This represents a change in shares of 47.03% 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)
2026-05-13 2026-03-31 13F PROGRESSIVE COM 743315103 403,082 128,930 47.03 79,907 26.99 0.0959
2026-02-18 2025-12-31 13F PROGRESSIVE COM 743315103 274,152 -228,970 -45.51 62,923 -49.36 0.0745
2025-11-13 2025-09-30 13F PROGRESSIVE COM 743315103 503,122 -95,814 -16.00 124,246 -22.27 0.1505
2025-08-13 2025-06-30 13F PROGRESSIVE COM 743315103 598,936 -133,650 -18.24 159,832 -22.91 0.2071
2025-05-07 2025-03-31 13F PROGRESSIVE COM 743315103 732,586 -105,331 -12.57 207,329 3.27 0.2948
2025-05-02 2024-12-31 13F/A-2 PROGRESSIVE COM 743315103 837,917 21,745 2.66 200,773 -3.06 0.2736
2025-02-20 2024-12-31 13F/A-1 PROGRESSIVE COM 743315103 837,917 21,745 200,773 0.2609
2025-02-14 2024-12-31 13F Progressive Common Stock 743315103 837,917 21,745 196,917 0.2827
2024-11-13 2024-09-30 13F PROGRESSIVE COM 743315103 816,172 -185,725 -18.54 207,112 -0.48 0.2882
2024-08-14 2024-06-30 13F PROGRESSIVE COM 743315103 1,001,897 -142,506 -12.45 208,104 -12.08 0.3092
2024-05-10 2024-03-31 13F PROGRESSIVE COM 743315103 1,144,403 12,691 1.12 236,685 31.30 0.3411
2024-01-30 2023-12-31 13F PROGRESSIVE COM 743315103 1,131,712 -259,908 -18.68 180,259 -7.08 0.2719
2023-10-25 2023-09-30 13F PROGRESSIVE COM 743315103 1,391,620 -94,815 -6.38 193,992 -1.57 0.3261
2023-08-03 2023-06-30 13F PROGRESSIVE COM 743315103 1,486,435 -68,257 -4.39 197,086 -11.39 0.2990
2023-04-24 2023-03-31 13F PROGRESSIVE COM 743315103 1,554,692 -67,992 -4.19 222,414 5.67 0.3436
2023-02-14 2022-12-31 13F PROGRESSIVE COM 743315103 1,622,684 296,551 22.36 210,478 36.58 0.3516
2022-10-07 2022-09-30 13F Progressive Common Stock 743315103 1,326,133 554,983 71.97 154,110 71.88 0.2651
2022-08-10 2022-06-30 13F PROGRESSIVE COM 743315103 771,150 39,260 5.36 89,662 7.47 0.1436
2022-05-13 2022-03-31 13F PROGRESSIVE COM 743315103 731,890 -982,973 -57.32 83,428 -52.61 0.1119
2022-02-14 2021-12-31 13F PROGRESSIVE COM 743315103 1,714,863 -728,063 -29.80 176,031 -20.28 0.2372
2021-11-08 2021-09-30 13F PROGRESSIVE COM 743315103 2,442,926 -593,213 -19.54 220,816 -25.95 0.3131
2021-08-11 2021-06-30 13F PROGRESSIVE COM 743315103 3,036,139 -1,015,035 -25.06 298,179 -23.02 0.4147
2021-05-14 2021-03-31 13F PROGRESSIVE COM 743315103 4,051,174 758,398 23.03 387,333 18.96 0.5903
2021-02-10 2020-12-31 13F PROGRESSIVE COM 743315103 3,292,776 370,881 12.69 325,590 17.70 0.7031
2020-11-13 2020-09-30 13F PROGRESSIVE COM 743315103 2,921,895 -314,328 -9.71 276,616 6.70 0.6871
2020-08-13 2020-06-30 13F PROGRESSIVE CORP OHIO COM 743315103 3,236,223 -177,906 -5.21 259,254 2.84 0.6938
2020-05-14 2020-03-31 13F PROGRESSIVE CORP OHIO COM 743315103 3,414,129 405,407 13.47 252,099 15.75 0.8106
2020-02-13 2019-12-31 13F PROGRESSIVE CORP OHIO COM 743315103 3,008,722 332,694 12.43 217,801 5.36 0.5357
2019-11-14 2019-09-30 13F PROGRESSIVE CORP OHIO COM 743315103 2,676,028 385,110 16.81 206,723 12.89 0.5433
2019-08-23 2019-06-30 13F/A-1 PROGRESSIVE CORP OHIO COM 743315103 2,290,918 158,724 7.44 183,113 19.13 0.4724
2019-08-14 2019-06-30 13F PROGRESSIVE CORP OHIO COM 743315103 2,290,918 158,724 183,113
2019-05-15 2019-03-31 13F PROGRESSIVE CORP OHIO COM 743315103 2,132,194 212,516 11.07 153,710 32.72 0.3709
2019-02-06 2018-12-31 13F PROGRESSIVE CORP OHIO COM 743315103 1,919,678 292,593 17.98 115,814 0.20 0.3044
2018-11-15 2018-09-30 13F PROGRESSIVE CORP OHIO COM 743315103 1,627,085 120,200 7.98 115,588 29.68 0.2812
2018-08-13 2018-06-30 13F PROGRESSIVE CORP OHIO COM 743315103 1,506,885 44,835 3.07 89,132 0.06 0.2274
2018-05-14 2018-03-31 13F/A-1 PROGRESSIVE CORP OHIO COM 743315103 1,462,050 -180,757 -11.00 89,083 -3.72 0.2271
2018-05-14 2018-03-31 13F PROGRESSIVE CORP OHIO COM 743315103 1,462,050 89,083
2018-02-13 2017-12-31 13F PROGRESSIVE CORP OHIO COM 743315103 1,642,807 -72,428 -4.22 92,523 11.40 0.2233
2017-11-13 2017-09-30 13F PROGRESSIVE CORP OHIO COM 743315103 1,715,235 -29,629 -1.70 83,052 7.96 0.4479
2017-08-14 2017-06-30 13F PROGRESSIVE CORP OHIO COM 743315103 1,744,864 125,788 7.77 76,931 21.28 0.4282
2017-05-25 2017-03-31 13F/A-1 PROGRESSIVE CORP OHIO COM 743315103 1,619,076 -373,895 -18.76 63,435 -10.34 0.3710
2017-05-12 2017-03-31 13F PROGRESSIVE CORP OHIO COM 743315103 1,619,076 63,435
2017-02-14 2016-12-31 13F PROGRESSIVE CORP OHIO COM 743315103 1,992,971 -311,839 -13.53 70,750 -2.55 0.4238
2016-11-15 2016-09-30 13F PROGRESSIVE CORP OHIO COM 743315103 2,304,810 63,943 2.85 72,602 -3.29 0.4533
2016-08-12 2016-06-30 13F PROGRESSIVE CORP OHIO COM 743315103 2,240,867 -211,924 -8.64 75,069 -12.90 0.4241
2016-05-12 2016-03-31 13F PROGRESSIVE CORP OHIO COM 743315103 2,452,791 -430,241 -14.92 86,191 -5.99 0.7819
2016-02-12 2015-12-31 13F PROGRESSIVE CORP OHIO COM 743315103 2,883,032 -215 -0.01 91,680 3.78 0.5689
2015-11-13 2015-09-30 13F PROGRESSIVE CORP OHIO COM 743315103 2,883,247 -227,463 -7.31 88,343 2.05 0.5360
2015-08-13 2015-06-30 13F PROGRESSIVE CORP OHIO COM 743315103 3,110,710 75,186 2.48 86,571 4.85 0.4693
2015-05-13 2015-03-31 13F PROGRESSIVE CORP OHIO COM 743315103 3,035,524 -6,132 -0.20 82,566 0.57 0.4352
2015-02-11 2014-12-31 13F PROGRESSIVE CORP OHIO COM 743315103 3,041,656 176,900 6.18 82,094 13.36 0.4189
2014-11-12 2014-09-30 13F PROGRESSIVE CORP OHIO COM 743315103 2,864,756 -5,689,369 -66.51 72,421 -66.62 0.3631
2014-08-11 2014-06-30 13F PROGRESSIVE CORP OHIO COM 743315103 8,554,125 -1,345,235 -13.59 216,933 -9.52 1.0091
2014-05-14 2014-03-31 13F PROGRESSIVE CORP OHIO COM 743315103 9,899,360 3,596,731 57.07 239,762 39.50 1.1755
2014-02-11 2013-12-31 13F/A-1 PROGRESSIVE CORP OHIO COM 743315103 6,302,629 -574,894 -8.36 171,873 -8.22 0.8685
2014-02-03 2013-12-31 13F PROGRESSIVE CORP OHIO COM 743315103 6,302,629 171,873
2013-11-12 2013-09-30 13F PROGRESSIVE CORP OHIO COM 743315103 6,877,523 51,801 0.76 187,275 7.93 0.9480
2013-08-20 2013-06-30 13F/A-1 PROGRESSIVE CORP OHIO COM 743315103 6,825,722 6,825,722 173,510 0.8274
2013-08-09 2013-06-30 13F PROGRESSIVE CORP OHIO COM 743315103 6,825,722 173,510 0.8302
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.