Joel Greenblatt acquired 46.8 Thousand Progressive shares worth $13.3 Million. That's 0.13% of their equity portfolio (195th largest holding). The first Progressive trade was made in Q3 2013. Since then Joel Greenblatt bought shares 23 more times and sold shares on fourteen occasions. The stake costed the investor $8.84 Million, netting the investor a gain of 50% so far.