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Progress Software

251 hedge funds and large institutions have $1.89B invested in Progress Software in 2022 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 91 increasing their positions, 92 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.34% more ownership

Funds ownership: 102.11%102.45% (+0.34%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

1% less repeat investments, than reductions

Existing positions increased: 91 | Existing positions reduced: 92

3% less funds holding

Funds holding: 258251 (-7)

6% less capital invested

Capital invested by funds: $2.02B → $1.89B (-$130M)

11% less first-time investments, than exits

New positions opened: 32 | Existing positions closed: 36

76% less call options, than puts

Call options by funds: $693K | Put options by funds: $2.86M

Holders
251
Holders Change
-7
Holders Change %
-2.71%
% of All Funds
4.32%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
32
Increased
91
Reduced
92
Closed
36
Calls
$693K
Puts
$2.86M
Net Calls
-$2.17M
Net Calls Change
+$610K
Name Holding Trade Value Shares
Change
Change in
Stake
Robeco Institutional Asset Management
76
Robeco Institutional Asset Management
Netherlands
$2.8M
Royal Bank of Canada
77
Royal Bank of Canada
Ontario, Canada
$2.66M -$675K -14,614 -19%
CIA
78
Choate Investment Advisors
Massachusetts
$2.64M
ACM
79
AlphaCrest Capital Management
New York
$2.56M +$1.35M +29,231 +95%
SEI Investments
80
SEI Investments
Pennsylvania
$2.55M +$393K +8,510 +17%
ICM
81
Invenomic Capital Management
Massachusetts
$2.49M +$2.71M +58,575 New
Stifel Financial
82
Stifel Financial
Missouri
$2.36M +$72.8K +1,575 +3%
California State Teachers Retirement System (CalSTRS)
83
California State Teachers Retirement System (CalSTRS)
California
$2.34M -$64.4K -1,394 -2%
UBS AM
84
UBS AM
Illinois
$2.31M -$547K -11,836 -18%
GC
85
Globeflex Capital
California
$2.27M +$1.37M +29,691 +126%
Comerica Bank
86
Comerica Bank
Texas
$2.26M -$133K -2,887 -6%
Qube Research & Technologies (QRT)
87
Qube Research & Technologies (QRT)
United Kingdom
$2.19M +$630K +13,623 +36%
Canada Life
88
Canada Life
Manitoba, Canada
$2.18M +$346K +7,483 +17%
JMFC
89
J.M. Forbes & Co
Massachusetts
$2.17M +$2.36M +51,095 New
RJA
90
Raymond James & Associates
Florida
$2.14M -$34K -736 -1%
LPL Financial
91
LPL Financial
California
$2.1M -$33.8K -731 -1%
JAM
92
Jupiter Asset Management
United Kingdom
$2.01M
Thrivent Financial for Lutherans
93
Thrivent Financial for Lutherans
Minnesota
$1.95M +$89.1K +1,928 +4%
GLA
94
Great Lakes Advisors
Illinois
$1.9M -$1.01M -21,906 -33%
New York State Common Retirement Fund
95
New York State Common Retirement Fund
New York
$1.88M -$5.22K -113 -0.3%
Russell Investments Group
96
Russell Investments Group
United Kingdom
$1.88M +$71.6K +1,549 +4%
MAM
97
Martingale Asset Management
Massachusetts
$1.71M +$11.6K +250 +0.6%
COPPSERS
98
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$1.69M -$13.8K -298 -0.7%
Millennium Management
99
Millennium Management
New York
$1.68M +$756K +16,356 +71%
Brown Advisory
100
Brown Advisory
Maryland
$1.64M

PRGS Hedge Fund Activity: Q3 2022 in Review

251 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Progress Software (PRGS) for Q3 2022, worth a combined $1.89B — down 6.5% from $2.02B a quarter earlier.

Sellers outnumbered buyers: 36 funds closed out of PRGS and 32 opened new positions — a net loss of 4 holders — while 92 trimmed existing stakes and 91 added.

The largest buyer was Kennedy Capital Management, opening a new position worth an estimated $7.99M. The largest seller was Bahl & Gaynor, cutting an estimated $8.79M.

  • 251 institutional investors held Progress Software (PRGS) as of Q3 2022, down from 258 in Q2 2022.
  • Funds reported $1.89B of Progress Software stock for Q3 2022, down 6.5% quarter-over-quarter.
  • 32 funds opened new Progress Software positions in Q3 2022 and 36 closed out, a net change of -4 holders.
  • The largest Progress Software buyer in Q3 2022 was Kennedy Capital Management, an estimated $7.99M added.
  • The largest Progress Software seller in Q3 2022 was Bahl & Gaynor, an estimated $8.79M sold.

Based on aggregated 13F filings for Q3 2022.