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Progress Software

214 hedge funds and large institutions have $1.37B invested in Progress Software in 2020 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 73 increasing their positions, 85 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

19% more call options, than puts

Call options by funds: $1.28M | Put options by funds: $1.07M

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.22% less ownership

Funds ownership: 95.47%95.25% (-0.22%)

6% less funds holding

Funds holding: 228214 (-14)

14% less repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 85

23% less capital invested

Capital invested by funds: $1.78B → $1.37B (-$405M)

33% less first-time investments, than exits

New positions opened: 24 | Existing positions closed: 36

Holders
214
Holders Change
-14
Holders Change %
-6.14%
% of All Funds
4.72%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
24
Increased
73
Reduced
85
Closed
36
Calls
$1.28M
Puts
$1.07M
Net Calls
+$206K
Net Calls Change
+$876K
Name Holding Trade Value Shares
Change
Change in
Stake
AssetMark Inc
201
AssetMark Inc
California
$5K -$3.91K -97 -37%
FCA
202
FinTrust Capital Advisors
South Carolina
$5K
PCM
203
Prelude Capital Management
New York
$4K +$4.71K +117 +5,850%
PFBT
204
Parkside Financial Bank & Trust
Missouri
$2K -$483 -12 -14%
CFGS
205
Concourse Financial Group Securities
Alabama
$2K
FRA
206
Front Row Advisors
California
$2K
QCG
207
Quadrant Capital Group
Ohio
$2K
SL
208
Savior LLC
Massachusetts
$2K
S
209
SignatureFD
Georgia
$2K
TFO
210
Tarbox Family Office
California
$2K +$2.33K +58 New
VCM
211
Versant Capital Management
Arizona
$1K -$282 -7 -11%
EI
212
Ellevest Inc
New York
$1K +$1.29K +32 New
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
213
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
-$9.06M -218,041 Closed
Stifel Financial
214
Stifel Financial
Missouri
-$4.12M -99,052 Closed
APG Asset Management
215
APG Asset Management
Netherlands
-$3.6M -97,300 Closed
OAM
216
Oxford Asset Management
United Kingdom
-$2.13M -51,240 Closed
Canada Pension Plan Investment Board
217
Canada Pension Plan Investment Board
Ontario, Canada
-$2.1M -50,500 Closed
PP
218
PDT Partners
New York
-$1.58M -38,036 Closed
3C
219
361 Capital
Colorado
-$1.28M -30,917 Closed
PI
220
PineBridge Investments
New York
-$976K -23,494 Closed
SRAM
221
Stone Ridge Asset Management
New York
-$813K -19,567 Closed
HF
222
HRT Financial
New York
-$773K -18,610 Closed
Qube Research & Technologies (QRT)
223
Qube Research & Technologies (QRT)
United Kingdom
-$751K -18,074 Closed
CEP
224
Chicago Equity Partners
Illinois
-$716K -17,243 Closed
SSA
225
Schonfeld Strategic Advisors
New York
-$599K -14,438 Closed

PRGS Hedge Fund Activity: Q1 2020 in Review

214 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Progress Software (PRGS) for Q1 2020, worth a combined $1.37B — down 23% from $1.78B a quarter earlier.

Sellers outnumbered buyers: 36 funds closed out of PRGS and 24 opened new positions — a net loss of 12 holders — while 85 trimmed existing stakes and 73 added.

The largest buyer was Praesidium Investment Management Company, opening a new position worth an estimated $35.2M. The largest seller was Man Group, cutting an estimated $12.3M.

  • 214 institutional investors held Progress Software (PRGS) as of Q1 2020, down from 228 in Q4 2019.
  • Funds reported $1.37B of Progress Software stock for Q1 2020, down 23% quarter-over-quarter.
  • 24 funds opened new Progress Software positions in Q1 2020 and 36 closed out, a net change of -12 holders.
  • The largest Progress Software buyer in Q1 2020 was Praesidium Investment Management Company, an estimated $35.2M added.
  • The largest Progress Software seller in Q1 2020 was Man Group, an estimated $12.3M sold.

Based on aggregated 13F filings for Q1 2020.