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Progress Software
PRGS

213 hedge funds and large institutions have $1.86B invested in Progress Software in 2017 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 74 increasing their positions, 85 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

7% more capital invested

Capital invested by funds: $1.74B → $1.86B (+$123M)

0% more funds holding in top 10

Funds holding in top 10: 4 → 4 (0)

6% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 31

1% less funds holding

Funds holding: 216 → 213 (-3)

3.28% less ownership

Funds ownership: 94.79% → 91.51% (-3.3%)

13% less repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 85

Holders
213
Holders Change
-3
Holders Change %
-1.39%
% of All Funds
4.83%
Holding in Top 10
4
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.09%
New
29
Increased
74
Reduced
85
Closed
31
Calls
$870K
Puts
–
Net Calls
+$870K
Net Calls Change
+$1.23M

Top Buyers

Rank Fund Capital Flow
1
Renaissance Technologies
Renaissance Technologies
New York
+$12.4M
2
JP Morgan Chase
JP Morgan Chase
New York
+$10.8M
3
Norges Bank
Norges Bank
Norway
+$10.7M
4
AQR Capital Management
AQR Capital Management
Connecticut
+$3.93M
5
CEP
Chicago Equity Partners
Illinois
+$3.8M

Top Sellers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
-$54.6M
2
Two Sigma Investments
Two Sigma Investments
New York
-$11.7M
3
Two Sigma Advisers
Two Sigma Advisers
New York
-$10.5M
4
NI
Numeric Investors
Massachusetts
-$7.51M
5
NFA
Nationwide Fund Advisors
Ohio
-$7.17M
Name Holding Trade Value Shares
Change 		Change in
Stake
NIT
201
NumerixS Investment Technologies
British Columbia, Canada
$9K -$487K -11,700 -98%
FMA
202
FNY Managed Accounts
New York
$7K -$22.5K -540 -75%
VCM
203
Versant Capital Management
Arizona
$6K – – –
Lazard Asset Management
204
Lazard Asset Management
New York
$5K – – –
STA
205
Summit Trail Advisors
New York
$4K +$3.62K +87 New
GT
206
Glenmede Trust
Pennsylvania
$3K +$3.12K +75 New
QCG
207
Quadrant Capital Group
Ohio
$2K – – –
WAM
208
Wealthspire Advisors (Maryland)
Maryland
$2K +$1.5K +36 New
Northwestern Mutual Wealth Management
209
Northwestern Mutual Wealth Management
Wisconsin
$2K +$1.62K +39 +488%
FRA
210
Front Row Advisors
California
$2K +$1.67K +40 New
PFBT
211
Parkside Financial Bank & Trust
Missouri
$1K – – –
SPIA
212
Steward Partners Investment Advisory
New York
$1K +$1.25K +30 New
Walleye Trading
213
Walleye Trading
New York
$56 -$155K -3,713 -74%
Two Sigma Investments
214
Two Sigma Investments
New York
– -$11.7M -307,443 Closed
NFA
215
Nationwide Fund Advisors
Ohio
– -$7.17M -187,822 Closed
Skandinaviska Enskilda Banken (SEB)
216
Skandinaviska Enskilda Banken (SEB)
Sweden
– -$5.06M -132,600 Closed
BIM
217
Bogle Investment Management
Massachusetts
– -$4.99M -130,837 Closed
SM
218
Scoggin Management
New York
– -$4.77M -125,000 Closed
Capital Fund Management (CFM)
219
Capital Fund Management (CFM)
France
– -$1.58M -41,300 Closed
Axa
220
Axa
France
– -$1.49M -39,100 Closed
AIMCA
221
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
– -$1.46M -38,300 Closed
ARTA
222
A.R.T. Advisors
New York
– -$1.35M -35,500 Closed
PP
223
Paloma Partners
Connecticut
– -$1.13M -29,507 Closed
CCMH
224
Cornerstone Capital Management Holdings
New York
– -$1.02M -26,700 Closed
SLG
225
Stanley-Laman Group
Pennsylvania
– -$813K -21,293 Closed
6 7 8
9
10

PRGS Hedge Fund Activity: Q4 2017 in Review

213 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Progress Software (PRGS) for Q4 2017, worth a combined $1.86B — up 7.1% from $1.74B a quarter earlier.

Sellers outnumbered buyers: 31 funds closed out of PRGS and 29 opened new positions — a net loss of 2 holders — while 85 trimmed existing stakes and 74 added.

The largest buyer was Renaissance Technologies, adding an estimated $12.4M. The largest seller was Bank of America, cutting an estimated $54.6M.

  • 213 institutional investors held Progress Software (PRGS) as of Q4 2017, down from 216 in Q3 2017.
  • Funds reported $1.86B of Progress Software stock for Q4 2017, up 7.1% quarter-over-quarter.
  • 29 funds opened new Progress Software positions in Q4 2017 and 31 closed out, a net change of -2 holders.
  • The largest Progress Software buyer in Q4 2017 was Renaissance Technologies, an estimated $12.4M added.
  • The largest Progress Software seller in Q4 2017 was Bank of America, an estimated $54.6M sold.

Based on aggregated 13F filings for Q4 2017.