Progress Software
PRGS
228 hedge funds and large institutions have $1.53B invested in Progress Software in 2018 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 75 increasing their positions, 92 reducing their positions, and 34 closing their positions.
0% more capital invested
Capital invested by funds: $1.52B → $1.53B (+$3.73M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.01% less ownership
Funds ownership: 95.73% → 95.72% (-0.01%)
4% less call options, than puts
Call options by funds: $627K | Put options by funds: $656K
3% less funds holding
Funds holding: 234 → 228 (-6)
18% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 34
18% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 92
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIMC
Praesidium Investment Management Company
New York
|
+$30.3M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$18.7M |
| 3 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
+$13.5M |
| 4 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
+$12.6M |
| 5 |
WG
Winton Group
London,
United Kingdom
|
+$7.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$18.7M |
| 2 |
Morgan Stanley
New York
|
-$15.6M |
| 3 |
Man Group
London,
United Kingdom
|
-$12.6M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$10.5M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$8.52M |
PRGS Hedge Fund Activity: Q4 2018 in Review
228 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Progress Software (PRGS) for Q4 2018, worth a combined $1.53B — up 0.25% from $1.52B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of PRGS and 28 opened new positions — a net loss of 6 holders — while 92 trimmed existing stakes and 75 added.
The largest buyer was Praesidium Investment Management Company, adding an estimated $30.3M. The largest seller was BlackRock, cutting an estimated $18.7M.
- 228 institutional investors held Progress Software (PRGS) as of Q4 2018, down from 234 in Q3 2018.
- Funds reported $1.53B of Progress Software stock for Q4 2018, up 0.25% quarter-over-quarter.
- 28 funds opened new Progress Software positions in Q4 2018 and 34 closed out, a net change of -6 holders.
- The largest Progress Software buyer in Q4 2018 was Praesidium Investment Management Company, an estimated $30.3M added.
- The largest Progress Software seller in Q4 2018 was BlackRock, an estimated $18.7M sold.
Based on aggregated 13F filings for Q4 2018.