# Institutional investment shifts in The Progressive Corp

> Live situation record from CLSTR: https://clstr.news/situations/institutional-investment-shifts-in-the-progressive-corp
> Updated: 2026-08-15T09:36:44.000Z. Sources: 2. Developments: 2.

Institutional investors have adjusted their holdings in The Progressive Corporation. During the first quarter, Janus Henderson Group PLC reduced its stake in the insurer by 13.1%, selling 715,686 shares to leave a total of 4,731,581 shares.

By the second quarter, further shifts occurred. Avalon Trust Co established a new position by purchasing 118,434 shares valued at approximately $25.87 million. Concurrently, River Road Asset Management LLC decreased its position by 3.1%, selling 14,955 shares.

## Timeline

### 2026-08-15: The Progressive Corporation sees shifts in institutional holdings

Institutional investors are adjusting stakes in The Progressive Corporation, with Avalon Trust Co taking a new $25.87 million position while River Road Asset Management LLC trimmed its holdings.

2 sources. https://clstr.news/cluster/the-progressive-corporation-sees-shifts-in-institutional-holdings

### 2026-07-29: Investors cut Progressive stake, boost WEX holdings

Janus Henderson cut its Progressive stake by 13% to $938 M, while Quantinno more than doubled its WEX holding to $33 M.

2 sources. https://clstr.news/cluster/propetro-holding-corp-draws-new-institutional-stakes-and-reports-q2-2026-earnings

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Cite as: Institutional investment shifts in The Progressive Corp. CLSTR, https://clstr.news/situations/institutional-investment-shifts-in-the-progressive-corp