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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
HSBC Holdings
76
HSBC Holdings
United Kingdom
$2.49M +$1.47K +37 +0.1%
SEI Investments
77
SEI Investments
Pennsylvania
$2.49M +$1.37M +34,458 +98%
California State Teachers Retirement System (CalSTRS)
78
California State Teachers Retirement System (CalSTRS)
California
$2.45M -$159 -4 -0%
APG Asset Management
79
APG Asset Management
Netherlands
$2.43M -$87.4K -2,200 -3%
PCM
80
Piermont Capital Management
Missouri
$2.38M -$633K -15,950 -19%
Public Sector Pension Investment Board (PSP Investments)
81
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$2.35M +$67.3K +1,696 +3%
SGAM
82
Smith Group Asset Management
Texas
$2.35M +$110K +2,780 +4%
OSAM
83
O'Shaughnessy Asset Management
Connecticut
$2.33M -$40.2K -1,012 -2%
Susquehanna International Group
84
Susquehanna International Group
Pennsylvania
$2.33M +$2.27M +57,243 +661%
California Public Employees Retirement System
85
California Public Employees Retirement System
California
$2.31M +$197K +4,957 +8%
ASRS
86
Arizona State Retirement System
Arizona
$2.3M -$36.4K -917 -1%
SG Americas Securities
87
SG Americas Securities
New York
$2.24M -$1.35M -34,118 -35%
VOYA Investment Management
88
VOYA Investment Management
Georgia
$2.21M -$785K -19,770 -24%
Stifel Financial
89
Stifel Financial
Missouri
$2.19M +$133K +3,352 +6%
First Trust Advisors
90
First Trust Advisors
Illinois
$2.14M +$1.2M +30,167 +99%
New York State Common Retirement Fund
91
New York State Common Retirement Fund
New York
$2.12M -$2.04M -51,292 -46%
Grantham, Mayo, Van Otterloo & Co (GMO)
92
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$2.04M -$107K -2,700 -4%
Canada Life
93
Canada Life
Manitoba, Canada
$1.98M -$99.6K -2,508 -4%
PCMI
94
Paradigm Capital Management Inc
New York
$1.93M +$330K +8,300 +18%
Fidelity Investments
95
Fidelity Investments
Massachusetts
$1.9M -$1.23K -31 -0.1%
Tudor Investment Corp
96
Tudor Investment Corp
Connecticut
$1.84M -$715K -18,006 -26%
JIR
97
James Investment Research
Ohio
$1.76M +$1.98M +49,860 New
Bessemer Group
98
Bessemer Group
New Jersey
$1.72M -$11.2M -283,098 -85%
DCM
99
Dupont Capital Management
Delaware
$1.62M +$646K +16,277 +55%
Two Sigma Investments
100
Two Sigma Investments
New York
$1.59M -$5.29M -133,138 -75%

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.