The Progressive Corporation
US ˙ NYSE ˙ US7433151039

SecurityPGR / The Progressive Corporation
InstitutionCommerce Bank
Latest Disclosed Ownership84,182 shares
Latest Disclosed Value $ 16,688,239
Commerce Bank reports 144.81% increase in ownership of PGR / The Progressive Corporation

On May 11, 2026 - Commerce Bank filed a 13F-HR form disclosing ownership of 84,182 shares of The Progressive Corporation (US:PGR) valued at $16,688,240 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 34,386 shares of The Progressive Corporation. This represents a change in shares of 144.81% during the quarter. The current value of the position is $16,285,850 USD.

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)
2026-05-11 2026-03-31 13F PROGRESSIVE COM 743315103 84,182 49,796 144.81 16,688 113.13 0.0344
2026-02-13 2025-12-31 13F PROGRESSIVE COM 743315103 34,386 -18 -0.05 7,830 -7.84 0.0432
2025-11-12 2025-09-30 13F PROGRESSIVE COM 743315103 34,404 325 0.95 8,496 -6.58 0.0473
2025-08-07 2025-06-30 13F PROGRESSIVE COM 743315103 34,079 86 0.25 9,094 -5.47 0.0537
2025-05-08 2025-03-31 13F PROGRESSIVE COM 743315103 33,993 1 0.00 9,620 18.12 0.0614
2025-02-13 2024-12-31 13F PROGRESSIVE COM 743315103 33,992 -1,216 -3.45 8,145 -8.84 0.0502
2024-11-08 2024-09-30 13F PROGRESSIVE COM 743315103 35,208 -4,329 -10.95 8,934 8.79 0.0547
2024-08-12 2024-06-30 13F PROGRESSIVE COM 743315103 39,537 204 0.52 8,212 0.96 0.0532
2024-05-03 2024-03-31 13F PROGRESSIVE COM 743315103 39,333 -1,354 -3.33 8,135 25.52 0.0538
2024-02-09 2023-12-31 13F PROGRESSIVE COM 743315103 40,687 -398 -0.97 6,481 13.23 0.0461
2023-11-14 2023-09-30 13F PROGRESSIVE COM 743315103 41,085 -126 -0.31 5,723 4.91 0.0451
2023-08-08 2023-06-30 13F PROGRESSIVE COM 743315103 41,211 -733 -1.75 5,455 -9.08 0.0408
2023-05-04 2023-03-31 13F PROGRESSIVE COM 743315103 41,944 163 0.39 6,001 10.72 0.0470
2023-02-10 2022-12-31 13F PROGRESSIVE COM 743315103 41,781 767 1.87 5,419 13.70 0.0440
2022-11-04 2022-09-30 13F PROGRESSIVE COM 743315103 41,014 -1,942 -4.52 4,766 -4.58 0.0414
2022-08-12 2022-06-30 13F PROGRESSIVE COM 743315103 42,956 1,321 3.17 4,995 5.25 0.0407
2022-05-09 2022-03-31 13F PROGRESSIVE COM 743315103 41,635 -1,585 -3.67 4,746 6.96 0.0325
2022-02-14 2021-12-31 13F PROGRESSIVE COM 743315103 43,220 -536 -1.22 4,437 12.19 0.0290
2021-11-09 2021-09-30 13F PROGRESSIVE COM 743315103 43,756 6,239 16.63 3,955 7.36 0.0280
2021-08-09 2021-06-30 13F PROGRESSIVE COM 743315103 37,517 -481 -1.27 3,684 1.40 0.0262
2021-05-05 2021-03-31 13F PROGRESSIVE COM 743315103 37,998 -1,606 -4.06 3,633 -7.23 0.0276
2021-02-09 2020-12-31 13F PROGRESSIVE COM 743315103 39,604 -866 -2.14 3,916 2.22 0.0317
2020-11-06 2020-09-30 13F PROGRESSIVE COM 743315103 40,470 1,925 4.99 3,831 24.06 0.0346
2020-08-07 2020-06-30 13F PROGRESSIVE CORP OHIO COM 743315103 38,545 7,489 24.11 3,088 34.67 0.0301
2020-05-08 2020-03-31 13F PROGRESSIVE CORP OHIO COM 743315103 31,056 3,560 12.95 2,293 15.17 0.0278
2020-02-14 2019-12-31 13F PROGRESSIVE CORP OHIO COM 743315103 27,496 3,872 16.39 1,991 9.10 0.0190
2019-11-12 2019-09-30 13F PROGRESSIVE CORP OHIO COM 743315103 23,624 991 4.38 1,825 0.88 0.0187
2019-08-07 2019-06-30 13F PROGRESSIVE CORP OHIO COM 743315103 22,633 -246 -1.08 1,809 9.70 0.0203
2019-05-08 2019-03-31 13F PROGRESSIVE CORP OHIO COM 743315103 22,879 468 2.09 1,649 21.97 0.0195
2019-02-11 2018-12-31 13F PROGRESSIVE CORP OHIO COM 743315103 22,411 1,679 8.10 1,352 -8.21 0.0172
2018-11-02 2018-09-30 13F PROGRESSIVE CORP OHIO COM 743315103 20,732 -2,158 -9.43 1,473 8.79 0.0175
2018-08-08 2018-06-30 13F PROGRESSIVE CORP OHIO COM 743315103 22,890 3,738 19.52 1,354 16.02 0.0172
2018-05-03 2018-03-31 13F PROGRESSIVE CORP OHIO COM 743315103 19,152 -232 -1.20 1,167 6.87 0.0154
2018-02-12 2017-12-31 13F PROGRESSIVE CORP OHIO COM 743315103 19,384 -230 -1.17 1,092 14.95 0.0142
2017-11-07 2017-09-30 13F/A-1 PROGRESSIVE CORP OHIO COM 743315103 19,614 0 0.00 950 9.83 0.0129
2017-11-07 2017-09-30 13F PROGRESSIVE CORP OHIO COM 743315103 19,614 865
2017-08-08 2017-06-30 13F PROGRESSIVE CORP OHIO COM 743315103 19,614 -16 -0.08 865 12.48 0.0121
2017-05-05 2017-03-31 13F PROGRESSIVE CORP OHIO COM 743315103 19,630 777 4.12 769 14.95 0.0110
2017-02-08 2016-12-31 13F PROGRESSIVE CORP OHIO COM 743315103 18,853 -2,200 -10.45 669 0.75 0.0100
2016-11-03 2016-09-30 13F PROGRESSIVE CORP OHIO COM 743315103 21,053 -10,368 -33.00 664 -36.94 0.0103
2016-08-09 2016-06-30 13F PROGRESSIVE CORP OHIO COM 743315103 31,421 -1,805 -5.43 1,053 -9.85 0.0167
2016-04-27 2016-03-31 13F PROGRESSIVE CORP OHIO COM 743315103 33,226 5,594 20.24 1,168 32.88 0.0194
2016-02-12 2015-12-31 13F PROGRESSIVE CORP OHIO COM 743315103 27,632 14,331 107.74 879 115.44 0.0147
2015-11-10 2015-09-30 13F PROGRESSIVE CORP OHIO COM 743315103 13,301 3,459 35.15 408 48.91 0.0070
2015-08-03 2015-06-30 13F PROGRESSIVE CORP OHIO COM 743315103 9,842 -16 -0.16 274 2.24 0.0043
2015-05-06 2015-03-31 13F PROGRESSIVE CORP OHIO COM 743315103 9,858 0 0.00 268 0.75 0.0042
2015-02-11 2014-12-31 13F PROGRESSIVE CORP OHIO COM 743315103 9,858 957 10.75 266 18.22 0.0042
2014-11-06 2014-09-30 13F PROGRESSIVE CORP OHIO COM 743315103 8,901 -343 -3.71 225 -4.26 0.0037
2014-08-05 2014-06-30 13F PROGRESSIVE CORP OHIO COM 743315103 9,244 23 0.25 235 5.38 0.0038
2014-05-09 2014-03-31 13F PROGRESSIVE CORP OHIO COM 743315103 9,221 -120 -1.28 223 -12.20 0.0038
2014-02-14 2013-12-31 13F PROGRESSIVE CORP OHIO COM 743315103 9,341 -18 -0.19 254 -0.39 0.0044
2013-11-05 2013-09-30 13F/A-1 PROGRESSIVE CORP OHIO COM 743315103 684,394 675,388 51,335 0.9259
2013-11-05 2013-09-30 13F/A-2 PROGRESSIVE CORP OHIO COM 743315103 9,359 353 3.92 255 11.35 0.0046
2013-11-04 2013-09-30 13F PROGRESSIVE CORP OHIO COM 743315103 684,394 51,335
2013-08-07 2013-06-30 13F PROGRESSIVE CORP OHIO COM 743315103 9,006 -24 -0.27 229 0.00 0.0043
2013-08-08 2013-03-31 13F/A-1 PROGRESSIVE CORP OHIO COM 743315103 9,030 9,030 229 0.0045
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.