Jeremy Grantham's PGR Position Overview
Jeremy Grantham (via Grantham, Mayo, Van Otterloo & Co. LLC) currently holds 44.3K shares of The Progressive Corporation (PGR) worth $10.94 M, representing 0.03% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 50 quarters.
Based on 13F filings since 2013, Jeremy Grantham has maintained a long-term strategic position in PGR, representing a significant commitment to this investment thesis. Largest addition occurred in Q3 2015, adding 806.5K shares. Largest reduction occurred in Q3 2016, reducing 734.0K shares.
Analysis based on 13F filings available since 2013 Q2
Jeremy Grantham's The Progressive Corporation (PGR) Holding Value Over Time
Track share changes against reported price movement
Quarterly The Progressive Corporation (PGR) Trades by Jeremy Grantham
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q2 2013 | +143,601 | Add 0.00% | 143,600 | $25.42 |
| Q3 2013 | -12,300 | Reduce 8.57% | 131,300 | $27.23 |
| Q4 2013 | +1,800 | Add 1.37% | 133,100 | $27.27 |
| Q1 2014 | -15,000 | Reduce 11.27% | 118,100 | $24.22 |
| Q2 2014 | -9,400 | Reduce 7.96% | 108,700 | $25.36 |
| Q3 2014 | +52,600 | Add 48.39% | 161,300 | $25.28 |
| Q4 2014 | -24,100 | Reduce 14.94% | 137,200 | $26.99 |
| Q1 2015 | +10,200 | Add 7.43% | 147,400 | $27.20 |
| Q2 2015 | -26,300 | Reduce 17.84% | 121,100 | $27.83 |
| Q3 2015 | +806,465 | Add 665.95% | 927,565 | $30.64 |
| Q4 2015 | +69,500 | Add 7.49% | 997,065 | $31.80 |
| Q1 2016 | +68,831 | Add 6.90% | 1.07 M | $35.14 |
| Q2 2016 | -303,138 | Reduce 28.44% | 762,758 | $33.50 |
| Q3 2016 | -734,027 | Reduce 96.23% | 28,731 | $31.50 |
| Q4 2016 | -2,900 | Reduce 10.09% | 25,831 | $35.50 |
| Q1 2017 | -25,831 | Sold Out | 25,831 | $0.00 |
| Q2 2017 | +35,250 | New Buy | 35,250 | $44.09 |
| Q3 2017 | +454,500 | Add 1289.36% | 489,750 | $48.42 |
| Q4 2017 | +13,000 | Add 2.65% | 502,750 | $56.32 |
| Q1 2018 | -42,100 | Reduce 8.37% | 460,650 | $60.93 |
| Q2 2018 | -158,693 | Reduce 34.45% | 301,957 | $59.15 |
| Q3 2018 | +34,200 | Add 11.33% | 336,157 | $71.04 |
| Q4 2018 | +61,550 | Add 18.31% | 397,707 | $60.33 |
| Q1 2019 | -106,600 | Reduce 26.80% | 291,107 | $72.09 |
| Q2 2019 | -66,300 | Reduce 22.78% | 224,807 | $79.93 |
| Q3 2019 | -58,900 | Reduce 26.20% | 165,907 | $77.25 |
| Q4 2019 | -87,920 | Reduce 52.99% | 77,987 | $72.38 |
| Q1 2020 | -16,249 | Reduce 20.84% | 61,738 | $73.84 |
| Q2 2020 | +5,500 | Add 8.91% | 67,238 | $80.10 |
| Q3 2020 | -24,000 | Reduce 35.69% | 43,238 | $94.66 |
| Q4 2020 | -8,400 | Reduce 19.43% | 34,838 | $98.89 |
| Q1 2021 | +107,500 | Add 308.57% | 142,338 | $95.61 |
| Q2 2021 | +9,500 | Add 6.67% | 151,838 | $98.21 |
| Q3 2021 | -50,300 | Reduce 33.13% | 101,538 | $90.39 |
| Q4 2021 | -101,538 | Sold Out | 101,538 | $0.00 |
| Q2 2022 | +91,553 | New Buy | 91,553 | $116.27 |
| Q3 2022 | +22,200 | Add 24.25% | 113,753 | $116.21 |
| Q4 2022 | -60,000 | Reduce 52.75% | 53,753 | $129.71 |
| Q1 2023 | -26,000 | Reduce 48.37% | 27,753 | $143.06 |
| Q2 2023 | -13,582 | Reduce 48.94% | 14,171 | $132.37 |
| Q3 2023 | -14,171 | Sold Out | 14,171 | $0.00 |
| Q1 2025 | +2,571 | New Buy | 2,571 | $283.01 |
| Q2 2025 | +1,967 | Add 76.51% | 4,538 | $266.86 |
| Q3 2025 | +39,756 | Add 876.07% | 44,294 | $246.95 |
Jeremy Grantham's The Progressive Corporation Investment FAQs
Jeremy Grantham first purchased The Progressive Corporation (PGR) in Q2 2013, acquiring 143,600 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Jeremy Grantham has held The Progressive Corporation (PGR) for 50 quarters since Q2 2013. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Jeremy Grantham's largest addition to The Progressive Corporation (PGR) was in Q3 2015, adding 927,565 shares worth $28.42 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Jeremy Grantham's firm, Grantham, Mayo, Van Otterloo & Co. LLC, owns 44,294 shares of The Progressive Corporation (PGR), valued at approximately $10.94 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, The Progressive Corporation (PGR) represents approximately 0.03% of Jeremy Grantham's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Jeremy Grantham's peak holding in The Progressive Corporation (PGR) was 1,065,896 shares, as reported at the end of Q1 2016. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.