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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
TWI
176
Thomas White International
Illinois
$6K
CFG
177
Citizens Financial Group
Rhode Island
$3K -$372 -13 -12%
HR
178
Howe & Rusling
New York
$3K +$2.86K +100 New
PHK
179
Point72 Hong Kong
Hong Kong
$3K +$2.86K +100 New
PIA
180
Piedmont Investment Advisors
North Carolina
$2.67K
KT
181
Kanaly Trust
Texas
$2K
QCG
182
Quadrant Capital Group
Ohio
$1K
WTB
183
Washington Trust Bank
Washington
$1K +$1.14K +40 New
ACH
184
ArrowMark Colorado Holdings
Colorado
$1K +$1.29K +45 New
VOYA Investment Management
185
VOYA Investment Management
Georgia
$612
GPC
186
Guardian Point Capital
Virginia
-$2.75M -100,000 Closed
Susquehanna International Group
187
Susquehanna International Group
Pennsylvania
-$1.52M -53,130 Closed
PRCM
188
Pine River Capital Management
Minnesota
-$1.04K -37,996 Closed
PAM
189
Princeton Alpha Management
New Jersey
-$442K -16,109 Closed
GCP
190
GSA Capital Partners
United Kingdom
-$360K -13,116 Closed
FMT
191
First Mercantile Trust
Tennessee
-$305K -11,100 Closed
SRCM
192
Swift Run Capital Management
Virginia
-$275K -10,000 Closed
Teacher Retirement System of Texas
193
Teacher Retirement System of Texas
Texas
-$174K -6,321 Closed
MAM
194
Meeder Asset Management
Ohio
-$144K -5,259 Closed
TRCT
195
Tower Research Capital (TRC)
New York
-$142K -5,157 Closed
FMA
196
FNY Managed Accounts
New York
-$110K -4,000 Closed
GWM
197
Geneos Wealth Management
Colorado
-$83K -3,008 Closed
PNC Financial Services Group
198
PNC Financial Services Group
Pennsylvania
-$9K -315 Closed
WRM
199
Westport Resources Management
Connecticut
-$8K -300 Closed
CHP
200
Cable Hill Partners
Oregon
+$457 +16 New

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.