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Progress Software

234 hedge funds and large institutions have $1.52B invested in Progress Software in 2018 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 84 increasing their positions, 93 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

2.26% more ownership

Funds ownership: 93.46%95.73% (+2.3%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

7% less first-time investments, than exits

New positions opened: 26 | Existing positions closed: 28

10% less repeat investments, than reductions

Existing positions increased: 84 | Existing positions reduced: 93

2% less funds holding

Funds holding: 238234 (-4)

8% less capital invested

Capital invested by funds: $1.65B → $1.52B (-$128M)

41% less call options, than puts

Call options by funds: $2.66M | Put options by funds: $4.48M

Holders
234
Holders Change
-4
Holders Change %
-1.68%
% of All Funds
5.35%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
26
Increased
84
Reduced
93
Closed
28
Calls
$2.66M
Puts
$4.48M
Net Calls
-$1.82M
Net Calls Change
-$4.21M
Name Holding Trade Value Shares
Change
Change in
Stake
FL
226
Fort LP
Maryland
$2K +$2.3K +58 New
PFBT
227
Parkside Financial Bank & Trust
Missouri
$1K
QCG
228
Quadrant Capital Group
Ohio
$1K
SPIA
229
Steward Partners Investment Advisory
New York
$1K
JA
230
JOYN Advisors
Georgia
$1K +$715 +18 New
SWP
231
Stratos Wealth Partners
Ohio
$1K +$1.15K +29 New
RCAG
232
Rehmann Capital Advisory Group
Michigan
$670
FRA
233
Front Row Advisors
California
$1
DTL
234
Dynamic Technology Lab
Singapore
-$2.81M -72,252 Closed
AIM
235
Alambic Investment Management
California
-$1.87M -48,200 Closed
TI
236
Trexquant Investment
Connecticut
-$1.51M -38,870 Closed
3C
237
361 Capital
Colorado
-$1.27M -32,621 Closed
BCM
238
BlueCrest Capital Management
Jersey
-$1.21M -31,127 Closed
TCM
239
Teza Capital Management
Illinois
-$1M -25,836 Closed
Balyasny Asset Management
240
Balyasny Asset Management
Illinois
-$1M -25,788 Closed
SCM
241
Stevens Capital Management
Pennsylvania
-$795K -20,483 Closed
Walleye Trading
242
Walleye Trading
New York
-$808K -20,359 Closed
QT
243
Quantbot Technologies
New York
-$786K -20,260 Closed
PP
244
Paloma Partners
Connecticut
-$697K -17,975 Closed
VF
245
Virtu Financial
New York
-$681K -17,549 Closed
FRM
246
Fox Run Management
Connecticut
-$570K -14,692 Closed
LCM
247
Laurion Capital Management
New York
-$514K -13,240 Closed
IR
248
Invictus RG
Bermuda
-$513K -13,203 Closed
SCC
249
Spring Creek Capital
Kansas
-$479K -12,349 Closed
HIMCH
250
Hartford Investment Management Co (HIMCO)
Connecticut
-$351K -9,039 Closed

PRGS Hedge Fund Activity: Q3 2018 in Review

234 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Progress Software (PRGS) for Q3 2018, worth a combined $1.52B — down 7.8% from $1.65B a quarter earlier.

Sellers outnumbered buyers: 28 funds closed out of PRGS and 26 opened new positions — a net loss of 2 holders — while 93 trimmed existing stakes and 84 added.

The largest buyer was Acadian Asset Management, adding an estimated $22.5M. The largest seller was Millennium Management, cutting an estimated $21.9M.

  • 234 institutional investors held Progress Software (PRGS) as of Q3 2018, down from 238 in Q2 2018.
  • Funds reported $1.52B of Progress Software stock for Q3 2018, down 7.8% quarter-over-quarter.
  • 26 funds opened new Progress Software positions in Q3 2018 and 28 closed out, a net change of -2 holders.
  • The largest Progress Software buyer in Q3 2018 was Acadian Asset Management, an estimated $22.5M added.
  • The largest Progress Software seller in Q3 2018 was Millennium Management, an estimated $21.9M sold.

Based on aggregated 13F filings for Q3 2018.