Progressive Corp (PGR) shareholders
PGRNYSEFire, Marine & Casualty InsuranceFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 2, 2026Score 16/306% below fair value
$235.78+0.29 (+0.12%)
Close on Nov 13, 2026Market cap $137.08BP/E 11.9Yield 5.90%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
87.5%
509M of 581M shares
Institutional holders
1,818
199 new, 128 sold out
Net institutional buying
3M
In Q2 2026
Insider trades, 12 months
0 buys · 26 sales
Net sold $31.01M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Vanguard Capital Management | 44,078,585 | 7.53% | 13G (passive) | Mar 31, 2026 |
| BlackRock, Inc. | 42,063,844 | 7.20% | 13G (passive) amendment | Jun 30, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of PGR | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 48,048,848 | 8.26% | $10.50B | −4,274,758 | 0.16% |
| Vanguard Capital Management LLC | 38,148,192 | 6.56% | $8.33B | +49,833 | 0.18% |
| Capital Research Global Investors | 26,549,107 | 4.57% | $5.80B | +3,974,965 | 0.81% |
| State Street Corp | 26,526,959 | 4.56% | $5.79B | +656,249 | 0.17% |
| Geode Capital Management, LLC | 17,009,978 | 2.93% | $3.71B | +753,134 | 0.20% |
| Capital World Investors | 12,490,946 | 2.15% | $2.73B | −1,682,593 | 0.32% |
| Bank Of America Corp /De/ | 12,278,975 | 2.11% | $2.68B | −595,177 | 0.17% |
| Vanguard Portfolio Management LLC | 11,686,468 | 2.01% | $2.55B | −9,752 | 0.12% |
| FMR LLC | 11,213,445 | 1.93% | $2.45B | +3,384,651 | 0.11% |
| JPMorgan Chase & Co | 10,295,927 | 1.77% | $2.26B | −1,829,605 | 0.13% |
| Morgan Stanley | 9,313,526 | 1.60% | $2.03B | +465,349 | 0.11% |
| Alliancebernstein L.P. | 9,178,776 | 1.58% | $1.82B | −986,877 | 0.60% |
| Norges Bank | 8,647,114 | 1.49% | $1.89B | New | 0.19% |
| Capital International Investors | 7,704,091 | 1.33% | $1.68B | −1,117,509 | 0.35% |
| Massachusetts Financial Services Co /Ma/ | 7,663,770 | 1.32% | $1.67B | −4,435,885 | 0.53% |
| GQG Partners LLC | 7,043,101 | 1.21% | $1.54B | −2,095,839 | 2.86% |
| UBS Asset Management Americas Inc | 6,784,205 | 1.17% | $1.48B | +410,326 | 0.27% |
| Arrowstreet Capital, Limited Partnership | 6,092,628 | 1.05% | $1.33B | +3,428,801 | 0.59% |
| Northern Trust Corp | 5,776,119 | 0.99% | $1.26B | −61,328 | 0.15% |
| Wellington Management Group Llp | 5,729,113 | 0.99% | $1.25B | −749,882 | 0.22% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 1,818 | 509M | 87.5% | 199 / 691 | 707 / 128 | 45M | 42M |
| Q1 2026 | 1,774 | 511M | 87.9% | 168 / 706 | 690 / 200 | 104M | 46M |
| Q4 2025 | 1,834 | 511M | 87.8% | 238 / 673 | 713 / 171 | 49M | 53M |
| Q3 2025 | 1,801 | 516M | 88.8% | 114 / 682 | 765 / 195 | 53M | 45M |
| Q2 2025 | 1,908 | 508M | 87.4% | 205 / 787 | 658 / 120 | 36M | 35M |
| Q1 2025 | 1,846 | 508M | 87.3% | 234 / 729 | 661 / 123 | 40M | 31M |
| Q4 2024 | 1,764 | 506M | 87.0% | 246 / 683 | 607 / 112 | 33M | 35M |
| Q3 2024 | 1,657 | 510M | 87.8% | 225 / 648 | 571 / 78 | 73M | 26M |
| Q2 2024 | 1,526 | 512M | 88.0% | 156 / 633 | 516 / 72 | 32M | 57M |
| Q1 2024 | 1,461 | 539M | 92.7% | 216 / 550 | 513 / 71 | 39M | 36M |
| Q4 2023 | 1,329 | 537M | 92.3% | 239 / 424 | 501 / 63 | 59M | 26M |
| Q3 2023 | 1,172 | 505M | 86.9% | 108 / 435 | 458 / 101 | 34M | 27M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
1,038 funds held PGR in Q2 2026, 41% of their shares through ETFs. Each fund counts once per quarter, from its quarter-end report.
| Fund | Shares | % of PGR | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 18,524,129 | 3.19% | $4.05B | 0.18% | Jun 30, 2026 |
| Vanguard 500 Index Fund | 15,141,845 | 2.60% | $3.31B | 0.20% | Jun 30, 2026 |
| iShares Core S&P 500 ETF | 8,038,195 | 1.38% | $1.76B | 0.20% | Jun 30, 2026 |
| Fidelity 500 Index Fund | 7,500,332 | 1.29% | $1.43B | 0.17% | May 31, 2026 |
| Investment Co of America | 6,665,263 | 1.15% | $1.46B | 0.79% | Jun 30, 2026 |
| MFS Value Fund | 6,584,694 | 1.13% | $1.25B | 2.45% | May 31, 2026 |
| American Mutual Fund | 5,671,527 | 0.98% | $1.20B | 1.02% | Jul 31, 2026 |
| Vanguard Value Index Fund | 5,553,823 | 0.96% | $1.21B | 0.48% | Jun 30, 2026 |
| Growth Fund of America | 5,538,635 | 0.95% | $1.05B | 0.29% | May 31, 2026 |
| Fidelity Contrafund | 5,496,262 | 0.95% | $1.20B | 0.67% | Jun 30, 2026 |
| American Balanced Fund | 4,982,276 | 0.86% | $1.09B | 0.38% | Jun 30, 2026 |
| AMCAP Fund | 4,731,983 | 0.81% | $900.97M | 0.93% | May 31, 2026 |
| State Street(R) Financial Select Sector SPDR(R) ETF | 3,952,591 | 0.68% | $863.44M | 1.68% | Jun 30, 2026 |
| Vanguard Institutional Index Fund | 3,172,091 | 0.55% | $692.94M | 0.20% | Jun 30, 2026 |
| Capital Income Builder | 3,165,808 | 0.54% | $669.32M | 0.51% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Susan Patricia Griffith | President and CEO, Director | 573,473 | 0.10% | Oct 13, 2026 |
| James C. Curtis | Personal Lines President | 5,860 | 0.00% | Nov 6, 2026 |
| Steven Broz | Chief Information Officer | 28,807 | 0.00% | Oct 26, 2026 |
| Lori A. Niederst | Chief Personal Lines Officer | 42,776 | 0.01% | Oct 13, 2026 |
| Heather E. Day | CRM President | 18,895 | 0.00% | Oct 13, 2026 |
| Jonathan S. Bauer | Chief Investment Officer | 30,548 | 0.01% | Oct 13, 2026 |
| Daniel J. Witalec | Chief Strategy Officer | 4,166 | 0.00% | Oct 13, 2026 |
| Patrick K. Callahan | Personal Lines President | 36,707 | 0.01% | Oct 13, 2026 |
| David M. Stringer | Vice Pres, Secretary and CLO | 5,351 | 0.00% | Oct 13, 2026 |
| William L. Clawson II | Chief Human Resources Officer | 25,487 | 0.00% | Oct 13, 2026 |
| Maribel Pumarejo | Chief Marketing Officer | 1,049 | 0.00% | Oct 13, 2026 |
| Andrew J. Quigg | VP and Chief Financial Officer | 42,595 | 0.01% | Oct 13, 2026 |
| John Jo Murphy | Claims President | 56,466 | 0.01% | Oct 13, 2026 |
| Karen Bailo | Commercial Lines President | 32,348 | 0.01% | Oct 13, 2026 |
| Carl G. Joyce | Chief Accounting Officer | 889 | 0.00% | Oct 13, 2026 |
| John P. Sauerland | VP and Chief Financial Officer | 243,892 | 0.04% | Apr 14, 2026 |
| Remi Kent | Chief Marketing Officer | 21,577 | 0.00% | Apr 15, 2025 |
| Mariann Wojtkun Marshall | Chief Accounting Officer | 12,338 | 0.00% | Jan 23, 2025 |
| Lawton W. Fitt | Director | 12,482 | 0.00% | Oct 13, 2026 |
| Roger N. Farah | Director | 2,011 | 0.00% | Oct 13, 2026 |
| Barbara R. Snyder | Director | 13,193 | 0.00% | Oct 13, 2026 |
| Philip Bleser | Director | 1,145 | 0.00% | Oct 13, 2026 |
| Pamela J. Craig | Director | 8,956 | 0.00% | Oct 13, 2026 |
| Charles A. Davis | Director | 250,933 | 0.04% | Oct 13, 2026 |
| Jeffrey D. Kelly | Director | 22,546 | 0.00% | Jun 25, 2026 |
| Stuart B. Burgdoerfer | Director | 13,466 | 0.00% | May 12, 2026 |
| Devin C. Johnson | Director | 10,529 | 0.00% | May 12, 2026 |
| Dyke Kahina Van | Director | 14,285 | 0.00% | May 12, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Steven Broz Chief Information Officer | Oct 22, 2026 | Sale(10b5-1 plan) | −1,225 | $223.32 | $273.57K | 28,807 |
| Steven Broz Chief Information Officer | Sep 24, 2026 | Sale(10b5-1 plan) | −1,225 | $204.29 | $250.26K | 30,032 |
| Susan Patricia Griffith President and CEO, Director | Sep 1, 2026 | Gift | −1,598 | – | – | 483,840 |
| Susan Patricia Griffith President and CEO, Director | Sep 1, 2026 | Sale(10b5-1 plan) | −37,338 | $219.50 | $8.20M | 485,438 |
| Steven Broz Chief Information Officer | Aug 20, 2026 | Sale(10b5-1 plan) | −1,225 | $219.40 | $268.77K | 31,257 |
| Lori A. Niederst Chief Personal Lines Officer | Aug 13, 2026 | Sale(10b5-1 plan) | −7,339 | $209.29 | $1.54M | 42,567 |
| Andrew J. Quigg VP and Chief Financial Officer | Jul 28, 2026 | Sale(10b5-1 plan) | −3,499 | $220.00 | $769.78K | 42,595 |
| John Jo Murphy Claims President | Jul 27, 2026 | Sale(10b5-1 plan) | −8,124 | $212.70 | $1.73M | 41,291 |
| Jonathan S. Bauer Chief Investment Officer | Jul 27, 2026 | Sale(10b5-1 plan) | −2,242 | $212.71 | $476.90K | 26,250 |
| Susan Patricia Griffith President and CEO, Director | Jul 27, 2026 | Sale(10b5-1 plan) | −37,338 | $212.71 | $7.94M | 522,776 |
| Karen Bailo Commercial Lines President | Jul 27, 2026 | Sale(10b5-1 plan) | −8,452 | $212.71 | $1.80M | 32,348 |
| William L. Clawson II Chief Human Resources Officer | Jul 24, 2026 | Award | +9,603.05 | – | – | 25,487 |
| William L. Clawson II Chief Human Resources Officer | Jul 24, 2026 | Tax withholding | −4,136 | $211.90 | $876.42K | 21,351 |
| Jonathan S. Bauer Chief Investment Officer | Jul 24, 2026 | Award | +4,175.65 | – | – | 30,425 |
| Jonathan S. Bauer Chief Investment Officer | Jul 24, 2026 | Tax withholding | −1,933 | $211.90 | $409.60K | 28,492 |
| David M. Stringer Vice Pres, Secretary and CLO | Jul 24, 2026 | Award | +529.5 | – | – | 5,269 |
| David M. Stringer Vice Pres, Secretary and CLO | Jul 24, 2026 | Tax withholding | −235 | $211.90 | $49.80K | 5,034 |
| Patrick K. Callahan Personal Lines President | Jul 24, 2026 | Tax withholding | −12,578 | $211.90 | $2.67M | 36,707 |
| Patrick K. Callahan Personal Lines President | Jul 24, 2026 | Award | +29,851.9 | – | – | 49,285 |
| Steven Broz Chief Information Officer | Jul 24, 2026 | Tax withholding | −4,832 | $211.90 | $1.02M | 32,482 |
| Steven Broz Chief Information Officer | Jul 24, 2026 | Award | +10,959.32 | – | – | 37,314 |
| Daniel J. Witalec Chief Strategy Officer | Jul 24, 2026 | Tax withholding | −706 | $211.90 | $149.60K | 4,166 |
| Daniel J. Witalec Chief Strategy Officer | Jul 24, 2026 | Award | +2,422.24 | – | – | 4,872 |
| Susan Patricia Griffith President and CEO, Director | Jul 24, 2026 | Award | +133,595.03 | – | – | 619,033 |
| Susan Patricia Griffith President and CEO, Director | Jul 24, 2026 | Tax withholding | −58,919 | $211.90 | $12.48M | 560,114 |
| Andrew J. Quigg VP and Chief Financial Officer | Jul 24, 2026 | Award | +12,524.61 | – | – | 51,620 |
| Andrew J. Quigg VP and Chief Financial Officer | Jul 24, 2026 | Tax withholding | −5,526 | $211.90 | $1.17M | 46,094 |
| Heather E. Day CRM President | Jul 24, 2026 | Tax withholding | −613 | $211.90 | $129.89K | 18,895 |
| Heather E. Day CRM President | Jul 24, 2026 | Award | +2,087.82 | – | – | 19,508 |
| Lori A. Niederst Chief Personal Lines Officer | Jul 24, 2026 | Award | +13,151.65 | – | – | 55,718 |
| Lori A. Niederst Chief Personal Lines Officer | Jul 24, 2026 | Tax withholding | −5,812 | $211.90 | $1.23M | 49,906 |
| Karen Bailo Commercial Lines President | Jul 24, 2026 | Tax withholding | −6,578 | $211.90 | $1.39M | 40,800 |
| Karen Bailo Commercial Lines President | Jul 24, 2026 | Award | +15,030.46 | – | – | 47,378 |
| John Jo Murphy Claims President | Jul 24, 2026 | Award | +14,528.82 | – | – | 55,819 |
| John Jo Murphy Claims President | Jul 24, 2026 | Tax withholding | −6,404 | $211.90 | $1.36M | 49,415 |
| Steven Broz Chief Information Officer | Jul 23, 2026 | Sale(10b5-1 plan) | −1,156 | $205.17 | $237.18K | 26,355 |
| Susan Patricia Griffith President and CEO, Director | Jul 13, 2026 | Gift | −6,043 | – | – | 485,438 |
| Andrew J. Quigg VP and Chief Financial Officer | Jul 6, 2026 | Gift | −531 | – | – | 39,095 |
| Barbara R. Snyder Director | Jul 1, 2026 | Returned to company | −106.72 | $219.88 | $23.47K | 13,193 |
| Barbara R. Snyder Director | Jul 1, 2026 | Option exercise | +824.72 | – | – | 13,300 |
| Jeffrey D. Kelly Director | Jun 24, 2026 | Sale | −7,000 | $216.33 | $1.51M | 22,546 |
| Steven Broz Chief Information Officer | Jun 22, 2026 | Sale(10b5-1 plan) | −1,157 | $204.76 | $236.91K | 27,511 |
| Steven Broz Chief Information Officer | Jun 5, 2026 | Sale(10b5-1 plan) | −1,157 | $200.00 | $231.40K | 28,668 |
| John Jo Murphy Claims President | Jun 5, 2026 | Sale(10b5-1 plan) | −5,916 | $200.00 | $1.18M | 41,290 |
| Devin C. Johnson Director | May 8, 2026 | Award | +1,908 | – | – | 10,529 |
| Barbara R. Snyder Director | May 8, 2026 | Award | +1,779 | – | – | 12,475 |
| Jeffrey D. Kelly Director | May 8, 2026 | Award | +1,098 | – | – | 29,546 |
| Lawton W. Fitt Director | May 8, 2026 | Award | +3,093 | – | – | 12,482 |
| Philip Bleser Director | May 8, 2026 | Award | +1,145 | – | – | 1,145 |
| Charles A. Davis Director | May 8, 2026 | Award | +1,959 | – | – | 250,933 |
| Pamela J. Craig Director | May 8, 2026 | Award | +1,207 | – | – | 8,956 |
| Stuart B. Burgdoerfer Director | May 8, 2026 | Award | +1,238 | – | – | 13,455 |
| Dyke Kahina Van Director | May 8, 2026 | Award | +1,856 | – | – | 14,285 |
| Roger N. Farah Director | May 8, 2026 | Award | +2,011 | – | – | 2,011 |
| Devin C. Johnson Director | Apr 16, 2026 | Sale | −980 | $203.10 | $199.04K | 8,621 |
| Philip Bleser Director | Apr 10, 2026 | Returned to company | −739 | – | – | 0 |
| Charles A. Davis Director | Apr 10, 2026 | Returned to company | −1,248 | – | – | 248,974 |
| Lawton W. Fitt Director | Apr 10, 2026 | Returned to company | −1,986 | – | – | 9,389 |
| Roger N. Farah Director | Apr 10, 2026 | Returned to company | −1,301 | – | – | 0 |
| Pamela J. Craig Director | Apr 10, 2026 | Returned to company | −781 | – | – | 7,749 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Short interest
Shares sold short and not yet bought back, as of Oct 30, 2026 (FINRA, reported twice a month)
Short % of float
1.27%
7M shares short
Days to cover
3.5
At 2M shares a day
Change since last report
+4.6%
From 7M shares
Short volume, 20 days
52.6%
Of volume reported to FINRA
Shares sold short, last 12 months
Short sale volume counts trades marked short on any given day, including market-maker hedging, so it runs far higher than the share of Progressive's stock actually held short. Settlement fails (shares not delivered on time) peaked at 3,340 shares on Sep 15, 2026 over the last 90 days.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Steven Broz Officer | Oct 22, 2026 | 1,225 | $273.57K | Oct 22, 2026 | Restricted Stock Vesting |
| Steven Broz Officer | Sep 24, 2026 | 1,225 | $250.26K | Sep 24, 2026 | Restricted Stock Vesting |
| Susan Patricia Griffith Officer, Director | Sep 1, 2026 | 37,338 | $8.20M | Sep 1, 2026 | Restricted Stock Vesting |
| Steven Broz Officer | Aug 20, 2026 | 1,225 | $268.77K | Aug 20, 2026 | Restricted Stock Vesting |
| Lori A. Niederst Officer | Aug 13, 2026 | 7,339 | $1.54M | Aug 13, 2026 | Restricted Stock Vesting |
| Andrew J. Quigg Officer | Jul 28, 2026 | 3,499 | $769.78K | Jul 28, 2026 | Restricted Stock Vesting |
| John Jo Murphy Officer | Jul 27, 2026 | 8,124 | $1.73M | Jul 27, 2026 | Restricted Stock Vesting |
| Jonathan S. Bauer Officer | Jul 27, 2026 | 2,242 | $476.90K | Jul 27, 2026 | Restricted Stock Vesting |
| Karen Bailo Officer | Jul 27, 2026 | 8,452 | $1.80M | Jul 27, 2026 | Restricted Stock Vesting |
| John P. Sauerland Former Officer | Jul 27, 2026 | 15,003 | $3.18M | Jul 27, 2026 | Restricted Stock Vesting |
| Susan Patricia Griffith Officer, Director | Jul 27, 2026 | 37,338 | $7.94M | Jul 27, 2026 | Restricted Stock Vesting |
| Steven Broz Officer | Jul 23, 2026 | 1,156 | $237.18K | Jul 23, 2026 | Restricted Stock Vesting |
| Jeffrey D. Kelly Director | Jun 24, 2026 | 7,000 | $1.54M | Jun 24, 2026 | Acquired as compensation -- Restricted Stock Units |
| Steven Broz Officer | Jun 22, 2026 | 1,157 | $236.91K | Jun 22, 2026 | Restricted Stock Vesting |
| Steven Broz Officer | Jun 5, 2026 | 1,157 | $231.40K | Jun 5, 2026 | Restricted Stock Vesting |
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