PROGRESSIVE CORP

Ticker: PGR CUSIP: 743315103 Class: COM

Note: Option positions (PUT/CALL) are excluded.

New Positions (130)

Increased Positions (577)

MARSHFIELD ASSOCIATES
Value ($000) $575,160 (+47.6%) Shares 2,525,734 (+60.1%)
MBB PUBLIC MARKETS I LLC
Value ($000) $197,105 (+7.1%) Shares 865,558 (+16.1%)
LFL Advisers, LLC
Value ($000) $31,943 (+6.7%) Shares 140,272 (+15.7%)
IPG Investment Advisors LLC
Value ($000) $16,198 (+32.2%) Shares 71,131 (+43.4%)
GQG Partners LLC
Value ($000) $2,375,706 (+3.0%) Shares 10,432,549 (+11.7%)
WINMILL & CO. INC
Value ($000) $14,574 (+6.7%) Shares 64,000 (+15.7%)
Van Cleef Asset Management,Inc
Value ($000) $173,429 (-6.7%) Shares 761,587 (+1.2%)
Petrus Trust Company, LTA
Value ($000) $25,049 (+19.3%) Shares 110,000 (+29.4%)
WEIK CAPITAL MANAGEMENT
Value ($000) $20,245 (-5.1%) Shares 88,902 (+2.9%)
Tairen Capital Ltd
Value ($000) $22,721 (+10.9%) Shares 99,777 (+20.2%)
Osprey Private Wealth LLC
Value ($000) $7,405 (+22.1%) Shares 32,516 (+32.4%)
James Hambro & Partners
Value ($000) $118,943 (-4.9%) Shares 522,219 (+3.1%)
KENSICO CAPITAL MANAGEMENT CORP
Value ($000) $113,518 (+16.7%) Shares 498,500 (+26.6%)
Erste Asset Management GmbH
Value ($000) $198,836 (+28.7%) Shares 872,460 (+38.0%)
IFC Advisors LLC
Value ($000) $6,106 (+850.9%) Shares 26,812 (+931.2%)
APG Asset Management N.V.
Value ($000) $316,435 (+177.9%) Shares 1,631,992 (+201.2%)
PRENTISS SMITH & CO INC
Value ($000) $5,434 (-4.7%) Shares 23,862 (+3.3%)
TWO SIGMA ADVISERS, LP
Value ($000) $559,690 (+49.1%) Shares 2,457,800 (+61.7%)
Teza Capital Management LLC
Value ($000) $420 (+2.9%) Shares 1,846 (+11.5%)
Stenger Family Office, LLC
Value ($000) $4,208 (+582.4%) Shares 18,479 (+549.1%)

Decreased Positions (621)

PROSPECTOR PARTNERS LLC
Value ($000) $4,848 (-63.5%) Shares 21,290 (-60.5%)
PB INVESTMENT PARTNERS, L.P.
Value ($000) $1,543 (-73.1%) Shares 6,778 (-70.8%)
PRAGMA GESTAO DE PATRIMONIO LTD
Value ($000) $1,799 (-69.5%) Shares 7,900 (-66.9%)
Port Capital LLC
Value ($000) $60,810 (-28.8%) Shares 267,040 (-22.8%)
Close Asset Management Ltd
Value ($000) $13 (-87.5%) Shares 55,351 (-86.4%)
MCDONALD CAPITAL INVESTORS INC/CA
Value ($000) $201,236 (-10.7%) Shares 883,700 (-3.2%)
BloombergSen Inc.
Value ($000) $127,216 (-14.4%) Shares 558,600 (-7.2%)
C WorldWide Group Holding A/S
Value ($000) $171 (-23.2%) Shares 749,564 (-16.7%)
12th Street Asset Management Company, LLC
Value ($000) $12,003 (-23.2%) Shares 52,709 (-16.7%)
NZS Capital, LLC
Value ($000) $106,656 (-13.7%) Shares 468,365 (-6.4%)
CHILTON INVESTMENT CO INC.
Value ($000) $139,217 (-14.1%) Shares 611,350 (-6.9%)
Capco Asset Management, LLC
Value ($000) $44,217 (-9.2%) Shares 194,173 (-1.5%)
Board of the Pension Protection Fund
Value ($000) $46 (-96.4%) Shares 200 (-96.1%)
AustralianSuper Pty Ltd
Value ($000) $2,167 (-98.9%) Shares 9,516 (-98.9%)
WOODLEY FARRA MANION PORTFOLIO MANAGEMENT INC
Value ($000) $69,547 (-10.3%) Shares 305,408 (-2.8%)
TIMUCUAN ASSET MANAGEMENT INC/FL
Value ($000) $208,931 (-9.2%) Shares 917,493 (-1.5%)
Strata Wealth Advisors, LLC
Value ($000) $1,125 (-73.9%) Shares 4,941 (-71.7%)
Lord & Richards Wealth Management, LLC
Value ($000) $869 (-46.9%) Shares 3,818 (-42.4%)
ARGENT CAPITAL MANAGEMENT LLC
Value ($000) $73,351 (-12.3%) Shares 322,112 (-4.9%)
LONDON CO OF VIRGINIA
Value ($000) $385,386 (-10.8%) Shares 1,692,345 (-3.2%)

Exited Positions (175)