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Progress Software

186 hedge funds and large institutions have $1.22B invested in Progress Software in 2016 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 66 increasing their positions, 60 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 15

10% more repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 60

9% more funds holding

Funds holding: 171186 (+15)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

3% less capital invested

Capital invested by funds: $1.26B → $1.22B (-$39.9M)

81% less call options, than puts

Call options by funds: $586K | Put options by funds: $3.01M

Holders
186
Holders Change
+15
Holders Change %
+8.77%
% of All Funds
4.96%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.08%
New
30
Increased
66
Reduced
60
Closed
15
Calls
$586K
Puts
$3.01M
Net Calls
-$2.42M
Net Calls Change
-$2.23M
Name Holding Trade Value Shares
Change
Change in
Stake
ADEF
126
Adams Diversified Equity Fund
Maryland
$439K
CGH
127
Crossmark Global Holdings
Texas
$435K +$326K +11,399 New
BIM
128
Bridgecreek Investment Management
Oklahoma
$404K
AIMCA
129
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$397K +$417K +14,600 New
CAM
130
Capstone Asset Management
Texas
$396K -$5.58K -195 -1%
TC
131
TFS Capital
Pennsylvania
$389K +$409K +14,309 New
QI
132
Quotient Investors
New York
$381K +$400K +14,000 New
PP
133
Paloma Partners
Connecticut
$367K -$343K -11,980 -47%
Capital Fund Management (CFM)
134
Capital Fund Management (CFM)
France
$364K +$383K +13,400 New
Connor, Clark & Lunn Investment Management (CC&L)
135
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$362K -$755K -26,400 -66%
KBC Group
136
KBC Group
Belgium
$357K
Asset Management One
137
Asset Management One
Japan
$346K +$363K +12,706 New
BlackRock
138
BlackRock
New York
$338K +$10K +351 +3%
VKH
139
Virtu KCG Holdings
New York
$316K +$69.6K +2,436 +26%
CEP
140
Chicago Equity Partners
Illinois
$311K -$1.29K -45 -0.4%
MERSOM
141
Municipal Employees' Retirement System of Michigan
Michigan
$304K +$4.86K +170 +2%
SG Americas Securities
142
SG Americas Securities
New York
$289K +$304K +10,628 New
Verition Fund Management
143
Verition Fund Management
Connecticut
$277K +$291K +10,179 New
PCM
144
Prelude Capital Management
New York
$272K +$54.3K +1,900 +23%
MSA
145
Mason Street Advisors
Wisconsin
$271K +$4.09K +143 +1%
Citadel Advisors
146
Citadel Advisors
Florida
$265K -$949K -33,176 -77%
SB
147
Suntrust Banks
Georgia
$262K +$42.6K +1,489 +18%
Public Employees Retirement Association of Colorado
148
Public Employees Retirement Association of Colorado
Colorado
$260K
QT
149
Quantbot Technologies
New York
$252K +$265K +9,266 New
Squarepoint
150
Squarepoint
New York
$238K +$30.3K +1,059 +14%

PRGS Hedge Fund Activity: Q3 2016 in Review

186 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Progress Software (PRGS) for Q3 2016, worth a combined $1.22B — down 3.2% from $1.26B a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new PRGS positions and 15 closed out — a net gain of 15 holders — while 66 added to existing stakes and 60 trimmed.

The largest buyer was Neuberger Berman Group, adding an estimated $12M. The largest seller was Thrivent Financial for Lutherans, cutting an estimated $41M.

  • 186 institutional investors held Progress Software (PRGS) as of Q3 2016, up from 171 in Q2 2016.
  • Funds reported $1.22B of Progress Software stock for Q3 2016, down 3.2% quarter-over-quarter.
  • 30 funds opened new Progress Software positions in Q3 2016 and 15 closed out, a net change of +15 holders.
  • The largest Progress Software buyer in Q3 2016 was Neuberger Berman Group, an estimated $12M added.
  • The largest Progress Software seller in Q3 2016 was Thrivent Financial for Lutherans, an estimated $41M sold.

Based on aggregated 13F filings for Q3 2016.