The Progressive Corporation
MX ˙ BMV ˙ US7433151039
SecurityMX:PGR / The Progressive Corporation
InstitutionMAI Capital Management
Latest Disclosed Ownership65,775 shares
Latest Disclosed Value $ 13,039,247
MAI Capital Management reports 6.87% increase in ownership of PGR / The Progressive Corporation

On May 15, 2026 - MAI Capital Management filed a 13F-HR form disclosing ownership of 65,775 shares of The Progressive Corporation (MX:PGR) valued at $13,039,247 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 61,545 shares of The Progressive Corporation. This represents a change in shares of 6.87% 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)
2026-05-15 2026-03-31 13F PROGRESSIVE COM 743315103 65,775 4,230 6.87 13,039 -6.96 0.0736
2026-02-13 2025-12-31 13F PROGRESSIVE COM 743315103 61,545 -6,673 -9.78 14,015 -16.81 0.0806
2025-11-10 2025-09-30 13F PROGRESSIVE COM 743315103 68,218 -738 -1.07 16,846 -8.45 0.1049
2025-08-12 2025-06-30 13F PROGRESSIVE COM 743315103 68,956 1,066 1.57 18,401 -4.23 0.1271
2025-05-15 2025-03-31 13F PROGRESSIVE COM 743315103 67,890 6,906 11.32 19,213 31.49 0.1448
2025-02-14 2024-12-31 13F PROGRESSIVE COM 743315103 60,984 2,163 3.68 14,612 -2.10 0.1083
2024-11-07 2024-09-30 13F Progressive CS 743315103 58,821 -3,582 -5.74 14,926 15.16 0.1421
2024-08-12 2024-06-30 13F Progressive CS 743315103 62,403 2,592 4.33 12,962 4.78 0.1270
2024-05-08 2024-03-31 13F Progressive CS 743315103 59,811 5,562 10.25 12,370 43.17 0.1282
2024-02-09 2023-12-31 13F Progressive CS 743315103 54,249 -1,811 -3.23 8,641 10.64 0.1136
2023-11-14 2023-09-30 13F Progressive CS 743315103 56,060 1,066 1.94 7,809 7.28 0.1161
2023-08-02 2023-06-30 13F Progressive CS 743315103 54,994 268 0.49 7,280 -7.03 0.1071
2023-05-10 2023-03-31 13F Progressive CS 743315103 54,726 -656 -1.18 7,829 8.99 0.1233
2023-02-09 2022-12-31 13F Progressive CS 743315103 55,382 -980 -1.74 7,184 9.66 0.1207
2022-11-15 2022-09-30 13F Progressive CS 743315103 56,362 -1,102 -1.92 6,550 -1.96 0.1230
2022-07-19 2022-06-30 13F Progressive CS 743315103 57,464 26,480 85.46 6,681 89.16 0.1276
2022-05-10 2022-03-31 13F Progressive CS 743315103 30,984 10 0.03 3,532 11.10 0.0594
2022-02-11 2021-12-31 13F Progressive CS 743315103 30,974 4,198 15.68 3,179 31.36 0.0512
2021-11-12 2021-09-30 13F Progressive CS 743315103 26,776 1 0.00 2,420 -7.98 0.0466
2021-07-19 2021-06-30 13F Progressive CS 743315103 26,775 8,077 43.20 2,630 47.09 0.0522
2021-05-10 2021-03-31 13F Progressive CS 743315103 18,698 2,411 14.80 1,788 11.06 0.0400
2021-02-16 2020-12-31 13F Progressive CS 743315103 16,287 1,269 8.45 1,610 13.22 0.0403
2020-10-26 2020-09-30 13F Progressive CS 743315103 15,018 -196 -1.29 1,422 16.65 0.0412
2020-07-27 2020-06-30 13F Progressive CS 743315103 15,214 5 0.03 1,219 8.55 0.0383
2020-04-16 2020-03-31 13F Progressive CS 743315103 15,209 -11,691 -43.46 1,123 -42.32 0.0458
2020-02-03 2019-12-31 13F Progressive CS 743315103 26,900 -351 -1.29 1,947 -7.51 0.0631
2019-10-29 2019-09-30 13F Progressive CS 743315103 27,251 23,158 565.80 2,105 543.73 0.0938
2019-08-15 2019-06-30 13F Progressive CS 743315103 4,093 928 29.32 327 43.42 0.0148
2019-04-29 2019-03-31 13F Progressive CS 743315103 3,165 3,165 228 0.0117
2019-01-30 2018-12-31 13F Progressive CS 743315103 0 -3,186 -100.00 0 -100.00
2018-10-12 2018-09-30 13F Progressive CS 743315103 3,186 -10,374 -76.50 226 -31.10 0.0115
2014-04-28 2014-03-31 13F Progressive COM 743315103 13,560 0 0.00 328 -11.35 0.0330
2014-02-06 2013-12-31 13F Progressive COM 743315103 13,560 0 0.00 370 0.27 0.0392
2013-10-28 2013-09-30 13F Progressive COM 743315103 13,560 0 0.00 369 6.96 0.0479
2013-08-01 2013-06-30 13F Progressive COM 743315103 13,560 13,560 345 0.0450
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.