Compagnie Lombard Odier SCmA reduced its holdings in shares of The Progressive Co. ( NYSE:PGR – Free Report ) by 0.5% during the first quarter, HoldingsChannel.com reports. The fund owned 57,927 shares of the insurance provider's stock after selling 320 shares during the quarter. Compagnie Lombard Odier SCmA's holdings in Progressive were worth $8,287,000 as of its most recent filing with the Securities and Exchange Commission. A number of other hedge funds have also bought and sold shares of PGR.

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