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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
Fuller & Thaler Asset Management
26
Fuller & Thaler Asset Management
California
$11.6M +$7.45M +187,513 +134%
American Century Companies
27
American Century Companies
Missouri
$10.9M +$3.64M +91,602 +42%
AQR Capital Management
28
AQR Capital Management
Connecticut
$10.8M +$4.34M +109,334 +56%
SBH
29
Segall Bryant & Hamill
Illinois
$10.7M +$2.11M +53,030 +21%
Arrowstreet Capital
30
Arrowstreet Capital
Massachusetts
$10.5M -$6.79M -170,914 -36%
Deutsche Bank
31
Deutsche Bank
Germany
$10.2M +$5.52M +138,966 +93%
Bank of America
32
Bank of America
North Carolina
$9.79M +$422K +10,619 +4%
PIMC
33
Praesidium Investment Management Company
New York
$9.75M +$11M +276,408 New
Russell Investments Group
34
Russell Investments Group
United Kingdom
$9.7M +$1.14M +28,618 +13%
Allianz Asset Management
35
Allianz Asset Management
Germany
$9.22M -$3.09M -77,852 -23%
Robeco Institutional Asset Management
36
Robeco Institutional Asset Management
Netherlands
$9.21M -$1.74M -43,924 -14%
Invesco
37
Invesco
Georgia
$8.66M +$1.18M +29,624 +14%
Two Sigma Advisers
38
Two Sigma Advisers
New York
$7.38M -$1.6M -40,300 -16%
TCIM
39
TIAA CREF Investment Management
New York
$7.21M +$2.76M +69,563 +52%
KBC Group
40
KBC Group
Belgium
$6.93M +$748K +18,832 +11%
HA
41
Heartland Advisors
Wisconsin
$6.85M +$7.71M +194,051 New
D.E. Shaw & Co
42
D.E. Shaw & Co
New York
$6.82M -$5.21M -131,315 -40%
PPA
43
Parametric Portfolio Associates
Washington
$6.78M -$505K -12,722 -6%
Axa
44
Axa
France
$6.6M +$2.18M +55,000 +42%
GLA
45
Great Lakes Advisors
Illinois
$6.38M -$855K -21,531 -11%
AL
46
AJO LP
Pennsylvania
$6.14M -$603K -15,178 -8%
GAM
47
Gotham Asset Management
New York
$6.14M -$4.65M -117,067 -40%
MAM
48
Martingale Asset Management
Massachusetts
$5.84M -$107K -2,700 -2%
PFC
49
Phocas Financial Corp
California
$5.81M -$123K -3,096 -2%
CAM
50
ClariVest Asset Management
California
$5.79M -$119K -2,985 -2%

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.