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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
CS
101
Credit Suisse
Switzerland
$1.57M -$1.86M -46,950 -51%
FQ
102
First Quadrant
California
$1.55M +$520K +13,093 +42%
GCP
103
GSA Capital Partners
United Kingdom
$1.42M -$717K -18,056 -31%
Brown Advisory
104
Brown Advisory
Maryland
$1.36M
PI
105
Putnam Investments
Massachusetts
$1.33M +$1.5M +37,841 New
Wellington Management Group
106
Wellington Management Group
Massachusetts
$1.28M -$5.28M -132,882 -79%
TA
107
Teton Advisors
New York
$1.25M
AIG
108
American International Group
New York
$1.25M +$24.5K +618 +2%
Capital Fund Management (CFM)
109
Capital Fund Management (CFM)
France
$1.23M -$659K -16,600 -32%
SFM
110
Systematic Financial Management
New Jersey
$1.21M -$31.4K -790 -2%
State Board of Administration of Florida Retirement System
111
State Board of Administration of Florida Retirement System
Florida
$1.21M
UBS Group
112
UBS Group
Switzerland
$1.15M +$431K +10,864 +50%
LCM
113
Landscape Capital Management
New Jersey
$1.14M -$304K -7,649 -19%
BCM
114
BBT Capital Management
Texas
$1.12M +$1.26M +31,773 New
Thrivent Financial for Lutherans
115
Thrivent Financial for Lutherans
Minnesota
$1.12M +$18.9K +477 +2%
State of Tennessee, Department of Treasury
116
State of Tennessee, Department of Treasury
Tennessee
$1.11M +$6.43K +162 +0.5%
CIC
117
Cornercap Investment Counsel
Georgia
$1.06M +$267K +6,735 +29%
MWNA
118
Marshall Wace North America
New York
$1.05M -$5.64M -142,091 -83%
Manulife (Manufacturers Life Insurance)
119
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$1.03M -$155K -3,894 -12%
MSE
120
MUFG Securities EMEA
United Kingdom
$1.01M +$1.13M +28,500 New
TPSF
121
Texas Permanent School Fund
Texas
$1M -$40.4K -1,018 -3%
Squarepoint
122
Squarepoint
New York
$1M +$1.13M +28,345 New
SO
123
STRS Ohio
Ohio
$949K -$123K -3,100 -10%
BA
124
Boston Advisors
Massachusetts
$919K +$180K +4,530 +21%
UBS AM
125
UBS AM
Illinois
$906K +$33.7K +849 +3%

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.