Progress Software
PRGS
313 hedge funds and large institutions have $2.55B invested in Progress Software in 2025 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 112 increasing their positions, 114 reducing their positions, and 58 closing their positions.
2% less repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 114
1.05% less ownership
Funds ownership: 115.9% → 114.85% (-1.1%)
5% less funds holding
Funds holding: 331 → 313 (-18)
21% less capital invested
Capital invested by funds: $3.24B → $2.55B (-$688M)
26% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 58
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
95% less call options, than puts
Call options by funds: $3.09M | Put options by funds: $65.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$41.3M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$27.4M |
| 3 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$21.4M |
| 4 |
Swedbank
Stockholm,
Sweden
|
+$16.5M |
| 5 |
Goldman Sachs
New York
|
+$13.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$65.3M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$25M |
| 3 |
Renaissance Technologies
New York
|
-$21.8M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$19.3M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
-$17.6M |
PRGS Hedge Fund Activity: Q1 2025 in Review
313 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Progress Software (PRGS) for Q1 2025, worth a combined $2.55B — down 21% from $3.24B a quarter earlier.
Sellers outnumbered buyers: 58 funds closed out of PRGS and 43 opened new positions — a net loss of 15 holders — while 114 trimmed existing stakes and 112 added.
The largest buyer was Capital International Investors, opening a new position worth an estimated $41.3M. The largest seller was Pacer Advisors, cutting an estimated $65.3M.
- 313 institutional investors held Progress Software (PRGS) as of Q1 2025, down from 331 in Q4 2024.
- Funds reported $2.55B of Progress Software stock for Q1 2025, down 21% quarter-over-quarter.
- 43 funds opened new Progress Software positions in Q1 2025 and 58 closed out, a net change of -15 holders.
- The largest Progress Software buyer in Q1 2025 was Capital International Investors, an estimated $41.3M added.
- The largest Progress Software seller in Q1 2025 was Pacer Advisors, an estimated $65.3M sold.
Based on aggregated 13F filings for Q1 2025.