Iconic Insurer Purged From Major Institutional Portfolio, According to Recent Filing

On October 17, 2025, Shaker Investments disclosed it sold out of The Progressive Corporation (NYSE:PGR), liquidating 9,829 shares for an estimated $2.62 million.Shaker Investments disclosed in a filing with the Securities and Exchange Commission dated October 17, 2025, that it had sold its entire stake in The Progressive Corporation in the third quarter. The liquidation involved 9,829 shares, with an estimated transaction value of $2.62 million based on the average price for the quarter. The fund’s post-trade holding in the insurer is now zero shares.The fund sold out of Progressive, reducing its allocation from 1.07% of 13F AUM in the previous quarter to zero.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool