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Progress Software

216 hedge funds and large institutions have $1.74B invested in Progress Software in 2017 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 76 increasing their positions, 79 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 24 (+2)

50% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 22

24% more capital invested

Capital invested by funds: $1.4B → $1.74B (+$340M)

4% more funds holding

Funds holding: 208216 (+8)

0.94% more ownership

Funds ownership: 93.85%94.79% (+0.94%)

4% less repeat investments, than reductions

Existing positions increased: 76 | Existing positions reduced: 79

37% less call options, than puts

Call options by funds: $615K | Put options by funds: $979K

Holders
216
Holders Change
+8
Holders Change %
+3.85%
% of All Funds
5.39%
Holding in Top 10
4
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+100%
% of All Funds
0.1%
New
33
Increased
76
Reduced
79
Closed
22
Calls
$615K
Puts
$979K
Net Calls
-$364K
Net Calls Change
-$118K
Name Holding Trade Value Shares
Change
Change in
Stake
CG
201
Cutler Group
California
$19K -$84.1K -2,516 -83%
SWA
202
Sutton Wealth Advisors
Florida
$19K
TWA
203
TCI Wealth Advisors
Arizona
$15K
PNC Financial Services Group
204
PNC Financial Services Group
Pennsylvania
$14K +$3.44K +103 +40%
RA
205
Royce & Associates
New York
$11K +$9.42K +282 New
Envestnet Asset Management
206
Envestnet Asset Management
Illinois
$10K -$68.7K -2,057 -89%
GAM
207
Gemmer Asset Management
California
$10K
MA
208
MUFG Americas
New York
$10K +$334 +10 +4%
TDC
209
Thompson Davis & Co
Virginia
$8K +$6.68K +200 New
PFC
210
Phocas Financial Corp
California
$7K +$141K +4,213 +2%
VCM
211
Versant Capital Management
Arizona
$5K
Lazard Asset Management
212
Lazard Asset Management
New York
$5K +$4.51K +135 New
PFBT
213
Parkside Financial Bank & Trust
Missouri
$1K
QCG
214
Quadrant Capital Group
Ohio
$1K
Walleye Trading
215
Walleye Trading
New York
$192 -$152K -4,552 -47%
DIA
216
Denver Investment Advisors
Colorado
-$13.2M -428,476 Closed
Retirement Systems of Alabama
217
Retirement Systems of Alabama
Alabama
-$5.01M -162,273 Closed
AG
218
Algert Global
California
-$2.52M -81,537 Closed
SCA
219
Secor Capital Advisors
New York
-$2.07M -67,094 Closed
SSA
220
Schonfeld Strategic Advisors
New York
-$1.16M -37,470 Closed
Susquehanna International Group
221
Susquehanna International Group
Pennsylvania
-$1.12M -33,541 Closed
AQR Capital Management
222
AQR Capital Management
Connecticut
-$1M -32,415 Closed
JG
223
Jefferies Group
New York
-$956K -30,960 Closed
TI
224
Trexquant Investment
Connecticut
-$747K -24,198 Closed
DTL
225
Dynamic Technology Lab
Singapore
-$624K -20,195 Closed

PRGS Hedge Fund Activity: Q3 2017 in Review

216 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Progress Software (PRGS) for Q3 2017, worth a combined $1.74B — up 24% from $1.4B a quarter earlier.

Buyers outnumbered sellers: 33 funds opened new PRGS positions and 22 closed out — a net gain of 11 holders — while 76 added to existing stakes and 79 trimmed.

The largest buyer was Bank of America, adding an estimated $41M. The largest seller was T. Rowe Price Associates, cutting an estimated $53M.

  • 216 institutional investors held Progress Software (PRGS) as of Q3 2017, up from 208 in Q2 2017.
  • Funds reported $1.74B of Progress Software stock for Q3 2017, up 24% quarter-over-quarter.
  • 33 funds opened new Progress Software positions in Q3 2017 and 22 closed out, a net change of +11 holders.
  • The largest Progress Software buyer in Q3 2017 was Bank of America, an estimated $41M added.
  • The largest Progress Software seller in Q3 2017 was T. Rowe Price Associates, an estimated $53M sold.

Based on aggregated 13F filings for Q3 2017.