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Progress Software

226 hedge funds and large institutions have $2.06B invested in Progress Software in 2021 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 86 increasing their positions, 75 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 21

15% more repeat investments, than reductions

Existing positions increased: 86 | Existing positions reduced: 75

13% more capital invested

Capital invested by funds: $1.82B → $2.06B (+$234M)

7.51% more ownership

Funds ownership: 93.58%101.09% (+7.5%)

3% more funds holding

Funds holding: 220226 (+6)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

34% less call options, than puts

Call options by funds: $2.43M | Put options by funds: $3.69M

Holders
226
Holders Change
+6
Holders Change %
+2.73%
% of All Funds
3.93%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
28
Increased
86
Reduced
75
Closed
21
Calls
$2.43M
Puts
$3.69M
Net Calls
-$1.27M
Net Calls Change
-$977K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$349M -$12.2M -269,037 -3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$225M -$1.7M -37,476 -0.8%
Renaissance Technologies
3
Renaissance Technologies
New York
$79.8M -$12.7M -280,300 -14%
SBH
4
Segall Bryant & Hamill
Illinois
$74.2M +$832K +18,376 +1%
State Street
5
State Street
Massachusetts
$68.8M +$876K +19,354 +1%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$64.6M -$2.98M -65,908 -5%
Bank of New York Mellon
7
Bank of New York Mellon
New York
$56M -$1.66M -36,725 -3%
LSV Asset Management
8
LSV Asset Management
Illinois
$53.5M +$9.92M +219,060 +23%
Fuller & Thaler Asset Management
9
Fuller & Thaler Asset Management
California
$50.3M +$218K +4,826 +0.4%
ICOM
10
Investment Counselors of Maryland
Maryland
$49.9M +$4.03M +88,931 +9%
BTW
11
Boston Trust Walden
Massachusetts
$48.6M -$6.86M -151,434 -13%
Wellington Management Group
12
Wellington Management Group
Massachusetts
$43.8M +$6.4M +141,393 +18%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$40.1M +$965K +21,324 +3%
Acadian Asset Management
14
Acadian Asset Management
Massachusetts
$39.5M -$2.85M -62,948 -7%
JG
15
Jefferies Group
New York
$38M +$37.2M +822,519 New
N
16
Nuveen
North Carolina
$30.7M -$3.38M -74,636 -10%
OCMI
17
Oaktop Capital Management II
New Jersey
$28.3M
SOMRS
18
State of Michigan Retirement System
Michigan
$27M +$26.4M +583,400 New
Norges Bank
19
Norges Bank
Norway
$25M +$1.82M +40,101 +8%
Northern Trust
20
Northern Trust
Illinois
$24.9M -$505K -11,149 -2%
Ameriprise
21
Ameriprise
Minnesota
$23.5M +$2.67M +58,994 +13%
Man Group
22
Man Group
United Kingdom
$22.5M -$932K -20,582 -4%
Invesco
23
Invesco
Georgia
$21.8M -$4.63M -102,235 -18%
Charles Schwab
24
Charles Schwab
California
$20.4M +$548K +12,110 +3%
Manulife (Manufacturers Life Insurance)
25
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$20M +$4.31M +95,279 +28%

PRGS Hedge Fund Activity: Q2 2021 in Review

226 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Progress Software (PRGS) for Q2 2021, worth a combined $2.06B — up 13% from $1.82B a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new PRGS positions and 21 closed out — a net gain of 7 holders — while 86 added to existing stakes and 75 trimmed.

The largest buyer was Jefferies Group, opening a new position worth an estimated $37.2M. The largest seller was Renaissance Technologies, cutting an estimated $12.7M.

  • 226 institutional investors held Progress Software (PRGS) as of Q2 2021, up from 220 in Q1 2021.
  • Funds reported $2.06B of Progress Software stock for Q2 2021, up 13% quarter-over-quarter.
  • 28 funds opened new Progress Software positions in Q2 2021 and 21 closed out, a net change of +7 holders.
  • The largest Progress Software buyer in Q2 2021 was Jefferies Group, an estimated $37.2M added.
  • The largest Progress Software seller in Q2 2021 was Renaissance Technologies, an estimated $12.7M sold.

Based on aggregated 13F filings for Q2 2021.