Progress Software
PRGS
242 hedge funds and large institutions have $1.84B invested in Progress Software in 2019 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 66 increasing their positions, 98 reducing their positions, and 32 closing their positions.
38% more call options, than puts
Call options by funds: $2.83M | Put options by funds: $2.05M
13% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 32
3.08% more ownership
Funds ownership: 92.22% → 95.3% (+3.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% less capital invested
Capital invested by funds: $1.85B → $1.84B (-$2.11M)
0% less funds holding
Funds holding: 243 → 242 (-1)
33% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 98
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Man Group
London,
United Kingdom
|
+$21.7M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$20.4M |
| 3 |
Nuveen
Charlotte,
North Carolina
|
+$20.2M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$12.2M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$5.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
-$13.5M |
| 2 |
Charles Schwab
San Francisco,
California
|
-$8.78M |
| 3 |
Goldman Sachs
New York
|
-$8.22M |
| 4 |
Morgan Stanley
New York
|
-$7.21M |
| 5 |
SIM
Spark Investment Management
New York
|
-$7M |
PRGS Hedge Fund Activity: Q2 2019 in Review
242 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Progress Software (PRGS) for Q2 2019, worth a combined $1.84B — down 0.11% from $1.85B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new PRGS positions and 32 closed out — a net gain of 4 holders — while 66 added to existing stakes and 98 trimmed.
The largest buyer was Man Group, adding an estimated $21.7M. The largest seller was Marshall Wace, cutting an estimated $13.5M.
- 242 institutional investors held Progress Software (PRGS) as of Q2 2019, down from 243 in Q1 2019.
- Funds reported $1.84B of Progress Software stock for Q2 2019, down 0.11% quarter-over-quarter.
- 36 funds opened new Progress Software positions in Q2 2019 and 32 closed out, a net change of +4 holders.
- The largest Progress Software buyer in Q2 2019 was Man Group, an estimated $21.7M added.
- The largest Progress Software seller in Q2 2019 was Marshall Wace, an estimated $13.5M sold.
Based on aggregated 13F filings for Q2 2019.