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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
QI
51
QS Investors
New York
$5.35M +$97.7K +2,460 +2%
PAM
52
Panagora Asset Management
Massachusetts
$5.32M +$281K +7,085 +5%
TA
53
Teachers Advisors
New York
$5.27M -$12.1M -304,323 -67%
New York State Teachers Retirement System (NYSTRS)
54
New York State Teachers Retirement System (NYSTRS)
New York
$5.15M -$193K -4,864 -3%
Mackenzie Financial
55
Mackenzie Financial
Ontario, Canada
$5.05M -$19.9K -500 -0.3%
Federated Hermes
56
Federated Hermes
Pennsylvania
$4.95M -$267K -6,723 -5%
Los Angeles Capital Management
57
Los Angeles Capital Management
California
$4.9M +$620K +15,620 +13%
AllianceBernstein
58
AllianceBernstein
Tennessee
$4.8M +$486K +12,250 +10%
Citadel Advisors
59
Citadel Advisors
Florida
$4.74M -$5.68M -143,166 -52%
Connor, Clark & Lunn Investment Management (CC&L)
60
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$4.58M +$2.28M +57,430 +80%
SIM
61
Spark Investment Management
New York
$4.52M
OAM
62
Oxford Asset Management
United Kingdom
$4.17M +$1.74M +43,746 +60%
Legal & General Group
63
Legal & General Group
United Kingdom
$3.95M +$259K +6,511 +7%
RhumbLine Advisers
64
RhumbLine Advisers
Massachusetts
$3.89M -$190K -4,794 -4%
Millennium Management
65
Millennium Management
New York
$3.82M -$21.9M -551,227 -84%
MSL
66
Mackay Shields LLC
New York
$3.8M +$242K +6,100 +6%
Comerica Bank
67
Comerica Bank
Texas
$3.33M -$205K -5,166 -5%
EVM
68
Eaton Vance Management
Massachusetts
$3.18M +$318 +8 +0%
Wells Fargo
69
Wells Fargo
California
$3.06M +$962K +24,231 +39%
CIA
70
Choate Investment Advisors
Massachusetts
$3.02M
AC
71
AMS Capital
Brazil
$3M +$3.37M +84,862 New
Jacobs Levy Equity Management
72
Jacobs Levy Equity Management
New Jersey
$2.97M -$1.62M -40,900 -33%
CEP
73
Chicago Equity Partners
Illinois
$2.65M -$2.53M -63,669 -46%
Swiss National Bank
74
Swiss National Bank
Switzerland
$2.59M
Barclays
75
Barclays
United Kingdom
$2.54M +$547K +13,765 +24%

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.