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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
State of Tennessee, Department of Treasury
101
State of Tennessee, Department of Treasury
Tennessee
$1.64M +$59K +1,277 +3%
WTC
102
WhitTier Trust Company
Nevada
$1.57M +$130K +2,816 +8%
YCM
103
Yousif Capital Management
Michigan
$1.49M -$43.1K -933 -3%
US Bancorp
104
US Bancorp
Minnesota
$1.46M -$40.9K -885 -3%
Assenagon Asset Management
105
Assenagon Asset Management
Luxembourg
$1.45M -$378K -8,182 -19%
Wells Fargo
106
Wells Fargo
California
$1.35M -$482K -10,438 -25%
TPSF
107
Texas Permanent School Fund
Texas
$1.33M -$19.5K -422 -1%
SOADOR
108
State of Alaska Department of Revenue
Alaska
$1.28M -$140K -3,020 -9%
AAM
109
Advisors Asset Management
Colorado
$1.26M -$162K -3,504 -11%
Balyasny Asset Management
110
Balyasny Asset Management
Illinois
$1.25M +$1.36M +29,372 New
PFO
111
Pathstone Family Office
New Jersey
$1.2M +$765K +16,561 +143%
AIC
112
Aurora Investment Counsel
Georgia
$1.15M -$369K -7,976 -23%
Two Sigma Investments
113
Two Sigma Investments
New York
$1.13M -$665K -14,394 -35%
SG Americas Securities
114
SG Americas Securities
New York
$1.11M +$1.04M +22,497 +629%
MCC
115
Malaga Cove Capital
California
$1.11M +$115K +2,495 +11%
Teacher Retirement System of Texas
116
Teacher Retirement System of Texas
Texas
$1.1M +$860K +18,609 +257%
Arrowstreet Capital
117
Arrowstreet Capital
Massachusetts
$1.09M +$1.18M +25,562 New
CIC
118
Cornercap Investment Counsel
Georgia
$1.07M
MNBTD
119
Moody National Bank Trust Division
Texas
$1.04M +$908K +19,653 +411%
AIG
120
American International Group
New York
$1.02M +$11K +238 +1%
CSS
121
Cubist Systematic Strategies
Connecticut
$1.01M -$344K -7,440 -24%
MIM
122
MetLife Investment Management
New Jersey
$992K
Ensign Peak Advisors
123
Ensign Peak Advisors
Utah
$968K
AQR Capital Management
124
AQR Capital Management
Connecticut
$945K +$451K +9,760 +78%
Rafferty Asset Management
125
Rafferty Asset Management
New York
$936K -$666K -14,402 -40%

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.