Free · no sign-up · Q2 2026

Which funds own PGR

Progressive Corp in the Q2 2026 filings. At least 17 of the 91 current managers on file reported a position, worth $21.7bn between them. It is among the largest positions of fewer than a fifth of the current managers on file. The quarter went the other way: 13 managers trimmed or sold out against 6 buying.

Managers holding: 17; at least, of 91 current
Combined value: $21.7bn; as reported
Opened: 1; new this quarter
Added to: 5; already held
Trimmed or sold out: 13; 3 sold out entirely

Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.

Managers reporting a position

Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.

Manager	Value	Weight	Shares	Change on the quarter	Action
Capital Research Global Investors Long-only · $717bn book	$5.8bn	0.8%	26,549,107	+$1.3bn+3,974,965	Added
Capital World Investors Long-only · $846bn book	$2.7bn	0.3%	12,490,946	-$81m-1,682,593	Trimmed
Fidelity (FMR LLC) Long-only · $2304bn book	$2.4bn	0.1%	11,213,445	+$898m+3,384,651	Added
AllianceBernstein LP Long-only · $302bn book	$1.8bn	0.6%	9,178,776	-$495m-986,877	Trimmed
MFS Investment Management Long-only · $315bn book	$1.7bn	0.5%	7,663,770	-$733m-4,435,885	Trimmed
Arrowstreet Capital LP Quantitative · $225bn book	$1.3bn	0.6%	6,092,628	+$803m+3,428,801	Added
Wellington Management Group LLP Long-only · $580bn book	$1.3bn	0.2%	5,729,113	-$33m-749,882	Trimmed
Artisan Partners LP Long-only · $63.1bn book	$1.1bn	1.8%	5,132,462	+$89m-76,542	Trimmed
T. Rowe Price Associates Inc Long-only · $999bn book	$1.1bn	0.1%	5,126,343	+$101m-15,474	Trimmed
Janus Henderson Group Ltd Long-only · $245bn book	$935m	0.4%	4,281,720	-$2.8m-449,861	Trimmed
Two Sigma Investments LP Quantitative · $138bn book	$662m	0.5%	3,030,604	-$37m-497,204	Trimmed
Neuberger Berman Group LLC Long-only · $150bn book	$327m	0.2%	1,493,800	-$11m-205,869	Trimmed
Woodline Partners LP Long/short equity · $32.4bn book	$205m	0.6%	937,837	+$148m+650,509	Added
Markel Group Inc Activist · $13.1bn book	$165m	1.3%	753,750	+$15m0	Held
Renaissance Technologies LLC Quantitative · $72.6bn book	$82m	0.1%	375,200	-$29m-184,582	Trimmed
Freestone Grove Partners LP Multi-strategy · $15.6bn book	$38m	0.2%	171,841	opened171,841	New
Walleye Capital LLC Multi-strategy · $28.0bn book	$36m	0.1%	165,343	+$33m+149,121	Added

Sold out of this quarter

Valued at what the position was worth in the previous filing, because by this one it is gone.

Viking Global Investors LP · Long/short equity$321m held before
Marshall Wace LLP · Quantitative$43m held before
Baillie Gifford & Co · Long-only$7.2m held before

Ownership through time

At least 24 of the 95 managers whose filings are on file listed PGR in Q2 2026, against 12 in Q2 2013. 5 managers fewer than in Q1 2026: 2 started positions; 1 listed it again; 3 sold out, by their own filings; 5 no longer listed it among the positions read, which can mean a holding below the listed range or a filing not yet made.

Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.

Managers on file listing it

Their combined reported value

Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.

Started in Q2 2026

Largest increases, by shares

Capital Research Global Investors22,574,142 to 26,549,107 shares+$868m
Arrowstreet Capital LP2,663,827 to 6,092,628 shares+$749m
Fidelity (FMR LLC)7,828,794 to 11,213,445 shares+$739m
Woodline Partners LP287,328 to 937,837 shares+$142m
Invesco Ltd3,663,671 to 3,881,425 shares+$48m

Largest decreases, by shares

MFS Investment Management12,099,655 to 7,663,770 shares-$964m
Capital World Investors14,173,539 to 12,490,946 shares-$368m
AQR Capital Management LLC2,405,207 to 1,445,012 shares-$210m
AllianceBernstein LP10,165,653 to 9,178,776 shares-$196m
Wellington Management Group LLP6,478,995 to 5,729,113 shares-$164m

Left it

Manager	First listed	Largest	Q2 2026
Capital Research Global Investors	Q2 2013	$5.8bn	$5.8bn
Capital World Investors	Q2 2013	$2.8bn	$2.7bn
Fidelity (FMR LLC)	Q4 2018	$3.9bn	$2.4bn
AllianceBernstein LP	Q2 2013	$2.9bn	$1.8bn
MFS Investment Management	Q1 2021	$3.8bn	$1.7bn
Arrowstreet Capital LP	Q1 2017	$1.3bn	$1.3bn
Wellington Management Group LLP	Q3 2018	$3.8bn	$1.3bn
Artisan Partners LP	Q2 2013	$1.3bn	$1.1bn
T. Rowe Price Associates Inc	Q2 2013	$1.7bn	$1.1bn
Janus Henderson Group Ltd	Q2 2013	$1.8bn	$935m
Invesco Ltd	Q2 2013	$1.4bn	$848m
Two Sigma Investments LP	Q2 2014	$699m	$662m
Neuberger Berman Group LLC	Q2 2013	$860m	$326m
AQR Capital Management LLC	Q1 2016	$477m	$316m
Woodline Partners LP	Q1 2024	$205m	$205m
Viking Global Investors LP	Q1 2016	$934m	last listed Q1 2026
Egerton Capital UK LLP	Q1 2020	$786m	last listed Q3 2025
D. E. Shaw & Co.	Q4 2014	$564m	last listed Q1 2026
Two Sigma Advisers LP	Q2 2014	$560m	last listed Q4 2025
Citadel Advisors LLC	Q1 2016	$444m	last listed Q2 2025
Marshall Wace LLP	Q1 2014	$420m	last listed Q1 2026
Jane Street Group LLC	Q2 2025	$240m	last listed Q3 2025
Baillie Gifford & Co	Q2 2013	$233m	last listed Q1 2026
Balyasny Asset Management LLC	Q1 2014	$219m	last listed Q1 2026
Millennium Management LLC	Q2 2014	$218m	last listed Q3 2025

What PGR is worth

Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.

Build the comp set around PGR →

How much of the picture this is

A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.

What to do with a name the funds are buying

Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.

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