Progress Software
PRGS
258 hedge funds and large institutions have $2.08B invested in Progress Software in 2021 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 95 increasing their positions, 88 reducing their positions, and 32 closing their positions.
28% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 32
2% more funds holding
Funds holding: 252 → 258 (+6)
8% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 88
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.99% less ownership
Funds ownership: 100.46% → 99.47% (-0.99%)
4% less capital invested
Capital invested by funds: $2.16B → $2.08B (-$81M)
74% less call options, than puts
Call options by funds: $882K | Put options by funds: $3.42M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$17.5M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$9.08M |
| 3 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
+$7.17M |
| 4 |
VLKIM
Van Lanschot Kempen Investment Management
Amsterdam,
Netherlands
|
+$5.89M |
| 5 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$5.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$21M |
| 2 |
Renaissance Technologies
New York
|
-$12.9M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$12.4M |
| 4 |
Bank of New York Mellon
New York
|
-$7.93M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$7.68M |
PRGS Hedge Fund Activity: Q4 2021 in Review
258 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Progress Software (PRGS) for Q4 2021, worth a combined $2.08B — down 3.7% from $2.16B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new PRGS positions and 32 closed out — a net gain of 9 holders — while 95 added to existing stakes and 88 trimmed.
The largest buyer was Glenmede Trust, adding an estimated $17.5M. The largest seller was LSV Asset Management, cutting an estimated $21M.
- 258 institutional investors held Progress Software (PRGS) as of Q4 2021, up from 252 in Q3 2021.
- Funds reported $2.08B of Progress Software stock for Q4 2021, down 3.7% quarter-over-quarter.
- 41 funds opened new Progress Software positions in Q4 2021 and 32 closed out, a net change of +9 holders.
- The largest Progress Software buyer in Q4 2021 was Glenmede Trust, an estimated $17.5M added.
- The largest Progress Software seller in Q4 2021 was LSV Asset Management, an estimated $21M sold.
Based on aggregated 13F filings for Q4 2021.