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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
Simplex Trading
151
Simplex Trading
Illinois
$567K +$424K +10,678 +198%
MLICM
152
Metropolitan Life Insurance Company (MetLife)
New York
$536K
SOADOR
153
State of Alaska Department of Revenue
Alaska
$531K
BIM
154
Bridgecreek Investment Management
Oklahoma
$524K
SRAM
155
Stone Ridge Asset Management
New York
$520K
TRSOTSOK
156
Teachers Retirement System of the State of Kentucky
Kentucky
$507K +$35.7K +900 +7%
Ohio Public Employees Retirement System (OPERS)
157
Ohio Public Employees Retirement System (OPERS)
Ohio
$501K -$73.3K -1,847 -12%
DekaBank Deutsche Girozentrale
158
DekaBank Deutsche Girozentrale
Germany
$489K -$552K -13,900 -53%
MSA
159
Mason Street Advisors
Wisconsin
$471K +$8.34K +210 +2%
Jane Street
160
Jane Street
New York
$449K +$26.3K +662 +5%
SCA
161
Secor Capital Advisors
New York
$442K -$1.02M -25,781 -67%
HFS
162
HL Financial Services
Kentucky
$435K -$3.69K -93 -0.7%
GH
163
GAM Holding
Switzerland
$422K -$147K -3,708 -24%
CG
164
Cutler Group
California
$414K +$467K +11,757 New
AA
165
ALPS Advisors
Colorado
$403K +$453K +11,409 New
ECM
166
ETrade Capital Management
Virginia
$396K +$4.72K +119 +1%
JG
167
Jefferies Group
New York
$394K -$243K -6,124 -35%
EP
168
Elkfork Partners
Oregon
$394K +$97.2K +2,448 +28%
MC
169
Menta Capital
California
$379K -$602K -15,156 -59%
COPPSERS
170
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$379K +$44.8K +1,129 +12%
PIA
171
Piedmont Investment Advisors
North Carolina
$371K -$1.8M -45,210 -81%
FDCDDQ
172
Federation des caisses Desjardins du Quebec
Quebec, Canada
$362K
CA
173
Cullinan Associates
Kentucky
$361K
PI
174
PineBridge Investments
New York
$342K +$83.6K +2,105 +28%
Public Employees Retirement Association of Colorado
175
Public Employees Retirement Association of Colorado
Colorado
$333K

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.