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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
ECM
176
Element Capital Management
New York
$332K +$95.5K +2,405 +34%
CSS
177
Cubist Systematic Strategies
Connecticut
$331K -$133K -3,361 -26%
CGH
178
Crossmark Global Holdings
Texas
$324K -$2.78K -70 -0.8%
GHCM
179
Glen Harbor Capital Management
California
$324K +$80K +2,016 +28%
MAM
180
Meeder Asset Management
Ohio
$320K +$165K +4,163 +85%
ACI
181
AMP Capital Investors
Australia
$314K -$25.6K -645 -8%
PA
182
Profund Advisors
Maryland
$307K -$76K -1,914 -18%
ZCM
183
Zebra Capital Management
Connecticut
$305K -$285K -7,169 -45%
CANY
184
Caxton Associates (New York)
New York
$288K
DZ Bank
185
DZ Bank
Germany
$287K +$323K +8,144 New
USAA
186
United Services Automobile Association
Texas
$258K -$84.7K -2,134 -23%
MCIM
187
Meadow Creek Investment Management
Georgia
$255K +$62.9K +1,584 +28%
XK
188
Xact Kapitalforvaltning
Sweden
$248K
GC
189
Guggenheim Capital
Illinois
$246K +$30.9K +778 +13%
O
190
OppenheimerFunds
New York
$241K -$7.35K -185 -3%
ProShare Advisors
191
ProShare Advisors
Maryland
$236K -$30.1K -758 -10%
Pacer Advisors
192
Pacer Advisors
Pennsylvania
$218K +$161K +4,047 +189%
RJA
193
Raymond James & Associates
Florida
$217K +$244K +6,141 New
IFS
194
Ifrah Financial Services
Arkansas
$213K +$239K +6,029 New
RCM
195
Riverhead Capital Management
Delaware
$207K +$51.6K +1,300 +28%
FCM
196
Flinton Capital Management
Pennsylvania
$185K +$45.7K +1,152 +28%
NIT
197
NumerixS Investment Technologies
British Columbia, Canada
$169K -$271K -6,817 -63%
Bank of Montreal
198
Bank of Montreal
Ontario, Canada
$157K -$596 -15 -0.3%
BNP Paribas Financial Markets
199
BNP Paribas Financial Markets
France
$157K -$11.7K -295 -6%
IUHSA
200
Itau Unibanco Holding S.A.
Brazil
$146K +$21K +530 +15%

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.