Progress Software
PRGS
218 hedge funds and large institutions have $1.89B invested in Progress Software in 2020 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 72 increasing their positions, 91 reducing their positions, and 20 closing their positions.
145% more call options, than puts
Call options by funds: $3.66M | Put options by funds: $1.5M
20% more capital invested
Capital invested by funds: $1.58B → $1.89B (+$315M)
0% more funds holding
Funds holding: 218 → 218 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 20
2.77% less ownership
Funds ownership: 95.63% → 92.86% (-2.8%)
21% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 91
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$16.9M |
| 2 |
BlackRock
New York
|
+$15.5M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$12M |
| 4 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
+$6.97M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$21.6M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$9.95M |
| 3 |
Renaissance Technologies
New York
|
-$8.93M |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$8.65M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$8.04M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QC
226
Quadrature Capital
London,
United Kingdom
| – | -$613K | -16,726 | Closed |
|
|
PTC
227
Petrus Trust Company
Dallas,
Texas
| – | -$555K | -15,138 | Closed |
|
|
LCM
228
Laurion Capital Management
New York
| – | -$484K | -13,200 | Closed |
|
|
DCM
229
Dupont Capital Management
Wilmington,
Delaware
| – | -$480K | -13,095 | Closed |
|
230
Tudor Investment Corp
Stamford,
Connecticut
| – | -$332K | -9,047 | Closed |
|
|
B
231
Bailard
Foster City,
California
| – | -$306K | -8,350 | Closed |
|
|
ARM
232
Adirondack Research & Management
Guilderland,
New York
| – | -$277K | -7,561 | Closed |
|
|
HS
233
Haafor (Singapore)
Singapore
| – | -$214K | -5,827 | Closed |
|
|
SO
234
STRS Ohio
Columbus,
Ohio
| – | -$198K | -5,400 | Closed |
|
|
CMBA
235
C.M. Bidwell & Associates
Honolulu,
Hawaii
| – | -$192K | -5,245 | Closed |
|
|
GT
236
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$27K | -779 | Closed |
|
|
RPWA
237
Regent Peak Wealth Advisors
Atlanta,
Georgia
| – | +$283 | +7 | New |
|
PRGS Hedge Fund Activity: Q4 2020 in Review
218 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Progress Software (PRGS) for Q4 2020, worth a combined $1.89B — up 20% from $1.58B a quarter earlier.
Fund positioning in PRGS was balanced in Q4 2020: 20 funds opened new positions, 20 closed out, 72 added to existing stakes and 91 trimmed.
The largest buyer was LSV Asset Management, adding an estimated $16.9M. The largest seller was Assenagon Asset Management, exiting entirely with an estimated $21.6M sold.
- 218 institutional investors held Progress Software (PRGS) as of Q4 2020, unchanged from Q3 2020.
- Funds reported $1.89B of Progress Software stock for Q4 2020, up 20% quarter-over-quarter.
- 20 funds opened new Progress Software positions in Q4 2020 and 20 closed out, a net change of 0 holders.
- The largest Progress Software buyer in Q4 2020 was LSV Asset Management, an estimated $16.9M added.
- The largest Progress Software seller in Q4 2020 was Assenagon Asset Management, an estimated $21.6M sold.
Based on aggregated 13F filings for Q4 2020.