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Progress Software

258 hedge funds and large institutions have $1.67B invested in Progress Software in 2018 Q1 according to their latest regulatory filings, with 66 funds opening new positions, 75 increasing their positions, 82 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

247% more first-time investments, than exits

New positions opened: 66 | Existing positions closed: 19

21% more funds holding

Funds holding: 213258 (+45)

2.38% more ownership

Funds ownership: 91.51%93.9% (+2.4%)

9% less repeat investments, than reductions

Existing positions increased: 75 | Existing positions reduced: 82

10% less capital invested

Capital invested by funds: $1.86B → $1.67B (-$189M)

50% less funds holding in top 10

Funds holding in top 10: 42 (-2)

70% less call options, than puts

Call options by funds: $1.09M | Put options by funds: $3.65M

Holders
258
Holders Change
+45
Holders Change %
+21.13%
% of All Funds
5.91%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.05%
New
66
Increased
75
Reduced
82
Closed
19
Calls
$1.09M
Puts
$3.65M
Net Calls
-$2.56M
Net Calls Change
-$3.43M
Name Holding Trade Value Shares
Change
Change in
Stake
VOYA Investment Management
76
VOYA Investment Management
Georgia
$3.25M +$2.86M +62,506 +285%
PCM
77
Piermont Capital Management
Missouri
$3.1M +$31.2K +680 +0.8%
Two Sigma Investments
78
Two Sigma Investments
New York
$3.1M +$3.7M +80,702 New
SIM
79
Spark Investment Management
New York
$3.03M +$862K +18,800 +31%
OAM
80
Oxford Asset Management
United Kingdom
$3.03M +$1.52M +33,092 +73%
Los Angeles Capital Management
81
Los Angeles Capital Management
California
$2.99M +$640K +13,960 +22%
Swiss National Bank
82
Swiss National Bank
Switzerland
$2.91M +$73.3K +1,600 +2%
Wells Fargo
83
Wells Fargo
California
$2.89M -$1.37M -29,817 -28%
GCP
84
GSA Capital Partners
United Kingdom
$2.85M +$424K +9,249 +14%
ASRS
85
Arizona State Retirement System
Arizona
$2.81M -$330K -7,200 -9%
Bank of Montreal
86
Bank of Montreal
Ontario, Canada
$2.78M -$433K -9,459 -12%
California State Teachers Retirement System (CalSTRS)
87
California State Teachers Retirement System (CalSTRS)
California
$2.69M -$234K -5,100 -7%
APG Asset Management
88
APG Asset Management
Netherlands
$2.68M
Squarepoint
89
Squarepoint
New York
$2.63M +$2.42M +52,840 +341%
OSAM
90
O'Shaughnessy Asset Management
Connecticut
$2.59M +$1.47M +32,046 +91%
GC
91
Globeflex Capital
California
$2.52M +$692K +15,100 +30%
Canada Life
92
Canada Life
Manitoba, Canada
$2.4M -$31.1K -678 -1%
SGAM
93
Smith Group Asset Management
Texas
$2.37M -$2.4M -52,380 -46%
Stifel Financial
94
Stifel Financial
Missouri
$2.31M +$223K +4,870 +9%
California Public Employees Retirement System
95
California Public Employees Retirement System
California
$2.16M +$76.6K +1,671 +3%
MSL
96
Mackay Shields LLC
New York
$2.15M +$2.56M +55,800 New
DIA
97
Dana Investment Advisors
Wisconsin
$2.09M +$2.5M +54,442 New
Grantham, Mayo, Van Otterloo & Co (GMO)
98
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$2.05M +$1.36M +29,700 +126%
JIM
99
Jupiter Investment Management
United Kingdom
$1.96M +$2.23M +48,617 +2,164%
Balyasny Asset Management
100
Balyasny Asset Management
Illinois
$1.93M +$2.3M +50,228 New

PRGS Hedge Fund Activity: Q1 2018 in Review

258 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Progress Software (PRGS) for Q1 2018, worth a combined $1.67B — down 10% from $1.86B a quarter earlier.

Buyers outnumbered sellers: 66 funds opened new PRGS positions and 19 closed out — a net gain of 47 holders — while 75 added to existing stakes and 82 trimmed.

The largest buyer was Acadian Asset Management, adding an estimated $33.2M. The largest seller was Praesidium Investment Management Company, exiting entirely with an estimated $184M sold.

  • 258 institutional investors held Progress Software (PRGS) as of Q1 2018, up from 213 in Q4 2017.
  • Funds reported $1.67B of Progress Software stock for Q1 2018, down 10% quarter-over-quarter.
  • 66 funds opened new Progress Software positions in Q1 2018 and 19 closed out, a net change of +47 holders.
  • The largest Progress Software buyer in Q1 2018 was Acadian Asset Management, an estimated $33.2M added.
  • The largest Progress Software seller in Q1 2018 was Praesidium Investment Management Company, an estimated $184M sold.

Based on aggregated 13F filings for Q1 2018.