Joel Greenblatt's PGR Position Overview
Joel Greenblatt (via Gotham Asset Management, LLC) currently holds 139,510 shares of The Progressive Corporation (PGR) worth $31.77 M, representing 0.12% of the portfolio. First purchased in 2013-Q3, this long-term strategic position has been held for 42 quarters.
Based on 13F filings since 2013, Joel Greenblatt has maintained a long-term strategic position in PGR, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2025, adding 111,246 shares. Largest reduction occurred in Q3 2019, reducing 151,110 shares.
Analysis based on 13F filings available since 2013 Q2
Joel Greenblatt's The Progressive Corporation (PGR) Holding Value Over Time
Track share changes against reported price movement
Quarterly The Progressive Corporation (PGR) Trades by Joel Greenblatt
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +111,246 | Add 393.60% | 139,510 | $227.72 |
| Q3 2025 | -28,005 | Reduce 49.77% | 28,264 | $246.95 |
| Q2 2025 | +14,086 | Add 33.39% | 56,269 | $266.86 |
| Q1 2025 | -4,576 | Reduce 9.79% | 42,183 | $283.01 |
| Q4 2024 | +25,919 | Add 124.37% | 46,759 | $239.61 |
| Q3 2024 | +7,566 | Add 57.00% | 20,840 | $253.76 |
| Q2 2024 | +4,611 | Add 53.23% | 13,274 | $207.71 |
| Q1 2024 | +370 | Add 4.46% | 8,663 | $206.82 |
| Q4 2023 | +4,265 | Add 105.88% | 8,293 | $159.28 |
| Q3 2023 | -9,766 | Reduce 70.80% | 4,028 | $139.30 |
| Q2 2023 | +620 | Add 4.71% | 13,794 | $132.37 |
| Q1 2023 | +8,615 | Add 188.97% | 13,174 | $143.06 |
| Q4 2022 | -15,074 | Reduce 76.78% | 4,559 | $129.71 |
| Q3 2022 | +14,084 | Add 253.81% | 19,633 | $116.23 |
| Q2 2022 | +2,792 | Add 101.27% | 5,549 | $116.24 |
| Q1 2022 | +398 | Add 16.87% | 2,757 | $113.89 |
| Q4 2021 | +2,359 | New Buy | 2,359 | $102.59 |
| Q3 2021 | -9,452 | Sold Out | 0 | $0.00 |
| Q2 2021 | -6,850 | Reduce 42.02% | 9,452 | $98.18 |
| Q1 2021 | +2,556 | Add 18.59% | 16,302 | $95.63 |
| Q4 2020 | +10,453 | Add 317.43% | 13,746 | $98.87 |
| Q3 2020 | +3,293 | New Buy | 3,293 | $94.75 |
| Q2 2020 | -4,966 | Sold Out | 0 | $0.00 |
| Q1 2020 | -16,017 | Reduce 76.33% | 4,966 | $73.90 |
| Q4 2019 | -119 | Reduce 0.56% | 20,983 | $72.39 |
| Q3 2019 | -151,110 | Reduce 87.75% | 21,102 | $77.24 |
| Q2 2019 | +23,551 | Add 15.84% | 172,212 | $79.93 |
| Q1 2019 | -8,599 | Reduce 5.47% | 148,661 | $72.09 |
| Q4 2018 | +13,723 | Add 9.56% | 157,260 | $60.33 |
| Q3 2018 | +30,792 | Add 27.31% | 143,537 | $71.04 |
| Q2 2018 | +11,556 | Add 11.42% | 112,745 | $59.15 |
| Q1 2018 | +62,283 | Add 160.09% | 101,189 | $60.93 |
| Q4 2017 | +5,376 | Add 16.03% | 38,906 | $56.32 |
| Q3 2017 | -14,681 | Reduce 30.45% | 33,530 | $48.43 |
| Q2 2017 | +13,498 | Add 38.88% | 48,211 | $44.10 |
| Q1 2017 | +34,713 | New Buy | 34,713 | $39.18 |
| Q3 2015 | -7,484 | Sold Out | 0 | $0.00 |
| Q2 2015 | -33 | Reduce 0.44% | 7,484 | $27.79 |
| Q1 2015 | +7,517 | New Buy | 7,517 | $27.14 |
| Q1 2014 | -7,524 | Sold Out | 0 | $0.00 |
| Q4 2013 | -886 | Reduce 10.54% | 7,524 | $27.25 |
| Q3 2013 | +8,410 | New Buy | 8,410 | $27.23 |
Joel Greenblatt's The Progressive Corporation Investment FAQs
Joel Greenblatt first purchased The Progressive Corporation (PGR) in Q3 2013, acquiring 8,410 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Joel Greenblatt has held The Progressive Corporation (PGR) for 42 quarters since Q3 2013.
Joel Greenblatt's largest addition to The Progressive Corporation (PGR) was in Q4 2025, adding 139,510 shares worth $31.77 M.
According to the latest 13F filing for Q4 2025, Joel Greenblatt's firm, Gotham Asset Management, LLC, owns 139,510 shares of The Progressive Corporation (PGR), valued at approximately $31.77 M.
As of the Q4 2025 filing, The Progressive Corporation (PGR) represents approximately 0.12% of Joel Greenblatt's publicly disclosed stock portfolio, making it one of their key holdings.
Joel Greenblatt's peak holding in The Progressive Corporation (PGR) was 172,212 shares, as reported at the end of Q2 2019.