Is The Progressive Corporation (PGR) A Smart Long-Term Buy? Tweedy, Browne Company LLC, an investment management firm, published its “Tweedy, Browne Global Value Fund” first quarter 2021 investor letter – a copy of which can be downloaded here. A return of 7.14% was recorded by the fund for the Q1 of 2021, below the MSCI EAFE Index that delivered a 7.63% return for the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021. Tweedy Browne Global Value Fund, in their Q1 2021 investor letter, mentioned The Progressive Corporation (NYSE: PGR), and shared their insights on the company. The Progressive Corporation is a Mayfield, Ohio-based insurance company that currently has a $60.7 billion market capitalization. Since the beginning of the year, PGR delivered a 4.98% return, extending its 12-month gains to 38.53%. As of May 05, 2021, the stock closed at $103.80 per share.