Progress Software
PRGS
309 hedge funds and large institutions have $2.07B invested in Progress Software in 2025 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 108 increasing their positions, 120 reducing their positions, and 76 closing their positions.
4.93% less ownership
Funds ownership: 114.38% → 109.45% (-4.9%)
10% less repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 120
11% less funds holding
Funds holding: 346 → 309 (-37)
17% less call options, than puts
Call options by funds: $70.2M | Put options by funds: $84.3M
34% less capital invested
Capital invested by funds: $3.13B → $2.07B (-$1.06B)
42% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 76
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$25.4M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$17.1M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$14.5M |
| 4 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$12.7M |
| 5 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$12.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCP
Seizert Capital Partners
Birmingham,
Michigan
|
-$39.5M |
| 2 |
MMA
Mizuho Markets Americas
New York
|
-$22M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$20.2M |
| 4 |
Morgan Stanley
New York
|
-$16.2M |
| 5 |
JFG
Jefferies Financial Group
New York
|
-$15.6M |
PRGS Hedge Fund Activity: Q3 2025 in Review
309 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Progress Software (PRGS) for Q3 2025, worth a combined $2.07B — down 34% from $3.13B a quarter earlier.
Sellers outnumbered buyers: 76 funds closed out of PRGS and 44 opened new positions — a net loss of 32 holders — while 120 trimmed existing stakes and 108 added.
The largest buyer was American Century Companies, adding an estimated $25.4M. The largest seller was Seizert Capital Partners, exiting entirely with an estimated $39.5M sold.
- 309 institutional investors held Progress Software (PRGS) as of Q3 2025, down from 346 in Q2 2025.
- Funds reported $2.07B of Progress Software stock for Q3 2025, down 34% quarter-over-quarter.
- 44 funds opened new Progress Software positions in Q3 2025 and 76 closed out, a net change of -32 holders.
- The largest Progress Software buyer in Q3 2025 was American Century Companies, an estimated $25.4M added.
- The largest Progress Software seller in Q3 2025 was Seizert Capital Partners, an estimated $39.5M sold.
Based on aggregated 13F filings for Q3 2025.