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Progress Software

159 hedge funds and large institutions have $1.17B invested in Progress Software in 2014 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 42 increasing their positions, 64 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

42% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 19

9% more capital invested

Capital invested by funds: $1.08B → $1.17B (+$92.6M)

5% more funds holding

Funds holding: 151159 (+8)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

21% less call options, than puts

Call options by funds: $240K | Put options by funds: $303K

34% less repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 64

Holders
159
Holders Change
+8
Holders Change %
+5.3%
% of All Funds
4.57%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
27
Increased
42
Reduced
64
Closed
19
Calls
$240K
Puts
$303K
Net Calls
-$63K
Net Calls Change
-$521K
Name Holding Trade Value Shares
Change
Change in
Stake
GIM
26
Granahan Investment Management
Massachusetts
$10.2M -$5.61M -256,953 -38%
Wells Fargo
27
Wells Fargo
California
$10.1M -$1.14M -52,281 -11%
TI
28
Trigran Investments
Illinois
$10.1M +$2.72M +124,685 +42%
Prudential Financial
29
Prudential Financial
New Jersey
$8.61M +$435K +19,930 +6%
NAM
30
Netols Asset Management
Wisconsin
$8.07M -$290K -13,273 -4%
Principal Financial Group
31
Principal Financial Group
Iowa
$7.78M +$239K +10,932 +3%
GAM
32
Gotham Asset Management
New York
$7.71M -$5.48M -251,322 -44%
IIM
33
Ironwood Investment Management
Massachusetts
$7.35M -$478K -21,907 -7%
Geode Capital Management
34
Geode Capital Management
Massachusetts
$6.91M +$41.8K +1,917 +0.7%
California Public Employees Retirement System
35
California Public Employees Retirement System
California
$6.86M +$103K +4,700 +2%
QBFM
36
QS Batterymarch Financial Management
New York
$5.93M -$465K -21,300 -8%
TCIM
37
TIAA CREF Investment Management
New York
$5.78M +$232K +10,620 +5%
Invesco
38
Invesco
Georgia
$5.62M +$101K +4,633 +2%
BA
39
BlackRock Advisors
Delaware
$5.38M -$8.33M -381,949 -63%
HA
40
Heartland Advisors
Wisconsin
$5.02M
Citadel Advisors
41
Citadel Advisors
Florida
$4.88M +$2.14M +97,960 +93%
BIM
42
BlackRock Investment Management
Delaware
$4.54M +$5.98K +274 +0.1%
Charles Schwab
43
Charles Schwab
California
$4.31M +$62.4K +2,862 +2%
PFC
44
Phocas Financial Corp
California
$4.24M +$558K +25,558 +17%
MSA
45
Mason Street Advisors
Wisconsin
$4.24M +$3.47K +159 +0.1%
Morgan Stanley
46
Morgan Stanley
New York
$4.08M +$1.3M +59,503 +54%
PCMI
47
Paradigm Capital Management Inc
New York
$3.83M -$2.35M -107,515 -40%
New York State Teachers Retirement System (NYSTRS)
48
New York State Teachers Retirement System (NYSTRS)
New York
$3.82M -$34.9K -1,600 -1%
PCMF
49
Private Capital Management (Florida)
Florida
$3.2M -$34.4K -1,575 -1%
New York State Common Retirement Fund
50
New York State Common Retirement Fund
New York
$3.17M

PRGS Hedge Fund Activity: Q2 2014 in Review

159 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Progress Software (PRGS) for Q2 2014, worth a combined $1.17B — up 8.6% from $1.08B a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new PRGS positions and 19 closed out — a net gain of 8 holders — while 42 added to existing stakes and 64 trimmed.

The largest buyer was Fiduciary Management Inc, opening a new position worth an estimated $32.9M. The largest seller was Artisan Partners, cutting an estimated $13.7M.

  • 159 institutional investors held Progress Software (PRGS) as of Q2 2014, up from 151 in Q1 2014.
  • Funds reported $1.17B of Progress Software stock for Q2 2014, up 8.6% quarter-over-quarter.
  • 27 funds opened new Progress Software positions in Q2 2014 and 19 closed out, a net change of +8 holders.
  • The largest Progress Software buyer in Q2 2014 was Fiduciary Management Inc, an estimated $32.9M added.
  • The largest Progress Software seller in Q2 2014 was Artisan Partners, an estimated $13.7M sold.

Based on aggregated 13F filings for Q2 2014.