The Progressive Corporation
MX ˙ BMV ˙ US7433151039
SecurityMX:PGR / The Progressive Corporation
InstitutionPrimecap Management Co/ca/
Latest Disclosed Ownership1,005,390 shares
Latest Disclosed Value $ 199,308,513
Primecap Management Co/ca/ reports 12.57% decrease in ownership of PGR / The Progressive Corporation

On May 11, 2026 - Primecap Management Co/ca/ filed a 13F-HR form disclosing ownership of 1,005,390 shares of The Progressive Corporation (MX:PGR) valued at $199,308,513 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 11, 2026 disclosing 1,149,900 shares of The Progressive Corporation. This represents a change in shares of -12.57% 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)
2026-05-11 2026-03-31 13F PROGRESSIVE COM 743315103 1,005,390 -144,510 -12.57 199,309 -23.89 0.1569
2026-02-11 2025-12-31 13F PROGRESSIVE COM 743315103 1,149,900 -115,790 -9.15 261,855 -16.22 0.1982
2025-11-12 2025-09-30 13F PROGRESSIVE COM 743315103 1,265,690 -73,790 -5.51 312,562 -12.56 0.2394
2025-08-11 2025-06-30 13F PROGRESSIVE COM 743315103 1,339,480 28,720 2.19 357,454 -3.64 0.2833
2025-05-09 2025-03-31 13F PROGRESSIVE COM 743315103 1,310,760 -71,570 -5.18 370,958 12.00 0.3067
2025-02-10 2024-12-31 13F PROGRESSIVE COM 743315103 1,382,330 -38,750 -2.73 331,220 -8.15 0.2565
2024-11-08 2024-09-30 13F PROGRESSIVE COM 743315103 1,421,080 -11,200 -0.78 360,613 21.22 0.2651
2024-08-09 2024-06-30 13F PROGRESSIVE COM 743315103 1,432,280 -24,460 -1.68 297,499 -1.26 0.2154
2024-05-14 2024-03-31 13F PROGRESSIVE COM 743315103 1,456,740 -7,010 -0.48 301,283 29.22 0.2247
2024-02-09 2023-12-31 13F PROGRESSIVE COM 743315103 1,463,750 -3,570 -0.24 233,146 14.07 0.1846
2023-11-13 2023-09-30 13F PROGRESSIVE COM 743315103 1,467,320 -4,940 -0.34 204,398 4.88 0.1725
2023-08-11 2023-06-30 13F PROGRESSIVE COM 743315103 1,472,260 -38,430 -2.54 194,883 -9.83 0.1628
2023-05-15 2023-03-31 13F PROGRESSIVE COM 743315103 1,510,690 -14,310 -0.94 216,119 9.26 0.1884
2023-02-13 2022-12-31 13F PROGRESSIVE COM 743315103 1,525,000 -40,550 -2.59 197,808 8.73 0.1811
2022-11-14 2022-09-30 13F PROGRESSIVE COM 743315103 1,565,550 -120 -0.01 181,933 -0.06 0.1760
2022-08-11 2022-06-30 13F PROGRESSIVE COM 743315103 1,565,670 -13,740 -0.87 182,040 1.11 0.1627
2022-05-11 2022-03-31 13F PROGRESSIVE COM 743315103 1,579,410 -69,810 -4.23 180,037 6.35 0.1358
2022-02-11 2021-12-31 13F PROGRESSIVE COM 743315103 1,649,220 -51,370 -3.02 169,292 10.13 0.1172
2021-11-12 2021-09-30 13F PROGRESSIVE COM 743315103 1,700,590 -11,310 -0.66 153,716 -8.57 0.1085
2021-08-10 2021-06-30 13F PROGRESSIVE COM 743315103 1,711,900 -31,310 -1.80 168,126 0.87 0.1130
2021-05-14 2021-03-31 13F PROGRESSIVE COM 743315103 1,743,210 -490,220 -21.95 166,668 -24.53 0.1162
2021-02-08 2020-12-31 13F PROGRESSIVE COM 743315103 2,233,430 -134,830 -5.69 220,842 -1.50 0.1641
2020-11-13 2020-09-30 13F PROGRESSIVE COM 743315103 2,368,260 -107,030 -4.32 224,203 13.07 0.1850
2020-08-13 2020-06-30 13F PROGRESSIVE COM 743315103 2,475,290 -14,020 -0.56 198,295 7.88 0.1701
2020-05-14 2020-03-31 13F PROGRESSIVE COM 743315103 2,489,310 -197,010 -7.33 183,811 -5.48 0.1802
2020-02-14 2019-12-31 13F PROGRESSIVE COM 743315103 2,686,320 -510 -0.02 194,463 -6.31 0.1410
2019-11-13 2019-09-30 13F PROGRESSIVE COM 743315103 2,686,830 -40,370 -1.48 207,558 -4.78 0.1660
2019-08-14 2019-06-30 13F PROGRESSIVE COM 743315103 2,727,200 -785,677 -22.37 217,985 -13.92 0.1612
2019-05-14 2019-03-31 13F PROGRESSIVE COM 743315103 3,512,877 -550,000 -13.54 253,243 3.32 0.1864
2019-02-12 2018-12-31 13F PROGRESSIVE COM 743315103 4,062,877 -90,502 -2.18 245,113 -16.93 0.1986
2018-11-13 2018-09-30 13F PROGRESSIVE COM 743315103 4,153,379 -138,000 -3.22 295,056 16.24 0.1992
2018-08-13 2018-06-30 13F PROGRESSIVE COM 743315103 4,291,379 -216,600 -4.80 253,835 -7.59 0.1882
2018-05-14 2018-03-31 13F PROGRESSIVE COM 743315103 4,507,979 -10,123 -0.22 274,671 7.94 0.2061
2018-02-13 2017-12-31 13F PROGRESSIVE COM 743315103 4,518,102 -300,200 -6.23 254,460 9.07 0.1953
2017-11-13 2017-09-30 13F PROGRESSIVE COM 743315103 4,818,302 -1,491,225 -23.63 233,302 -16.13 0.1931
2017-08-11 2017-06-30 13F PROGRESSIVE COM 743315103 6,309,527 -1,979,673 -23.88 278,187 -14.34 0.2390
2017-05-12 2017-03-31 13F PROGRESSIVE COM 743315103 8,289,200 -1,340,200 -13.92 324,771 -4.99 0.2948
2017-02-13 2016-12-31 13F PROGRESSIVE COM 743315103 9,629,400 -253,750 -2.57 341,844 9.81 0.3364
2016-11-14 2016-09-30 13F PROGRESSIVE COM 743315103 9,883,150 -1,855,125 -15.80 311,319 -20.83 0.3107
2016-08-12 2016-06-30 13F PROGRESSIVE COM 743315103 11,738,275 -28,250 -0.24 393,232 -4.90 0.4187
2016-05-12 2016-03-31 13F PROGRESSIVE COM 743315103 11,766,525 86,200 0.74 413,476 11.32 0.4289
2016-02-12 2015-12-31 13F PROGRESSIVE COM 743315103 11,680,325 181,675 1.58 371,434 5.43 0.3797
2015-11-12 2015-09-30 13F PROGRESSIVE COM 743315103 11,498,650 -112,825 -0.97 352,319 9.03 0.3911
2015-08-13 2015-06-30 13F PROGRESSIVE COM 743315103 11,611,475 2,329,775 25.10 323,147 28.00 0.3178
2015-05-14 2015-03-31 13F PROGRESSIVE COM 743315103 9,281,700 1,767,075 23.52 252,462 24.48 0.2465
2015-02-12 2014-12-31 13F PROGRESSIVE COM 743315103 7,514,625 4,773,925 174.19 202,820 192.73 0.2055
2014-11-13 2014-09-30 13F PROGRESSIVE COM 743315103 2,740,700 2,740,700 69,285 0.0741
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.