Progress Software
PRGS
251 hedge funds and large institutions have $1.89B invested in Progress Software in 2022 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 91 increasing their positions, 91 reducing their positions, and 37 closing their positions.
0.29% more ownership
Funds ownership: 102.11% → 102.4% (+0.29%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 91
8% less capital inflows, than outflows
Capital inflows: $89.9M | Capital outflows: $97.9M
3% less funds holding
Funds holding: 258 → 251 (-7)
11% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 37
76% less call options, than puts
Call options by funds: $693K | Put options by funds: $2.86M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kennedy Capital Management
St Louis,
Missouri
|
+$7.99M |
| 2 |
Seizert Capital Partners
Birmingham,
Michigan
|
+$7.52M |
| 3 |
Paradice Investment Management
Denver,
Colorado
|
+$6.91M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$4.18M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bahl & Gaynor
Cincinnati,
Ohio
|
-$8.79M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
-$7.43M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$6.42M |
| 4 |
Renaissance Technologies
New York
|
-$6.22M |
| 5 |
OCMI
Oaktop Capital Management II
Chatham,
New Jersey
|
-$4.8M |
PRGS Hedge Fund Activity: Q3 2022 in Review
251 of the 5,831 institutional investors tracked by Wall St. Rank reported a position in Progress Software (PRGS) for Q3 2022, worth a combined $1.89B — down 6.6% from $2.03B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of PRGS and 33 opened new positions — a net loss of 4 holders — while 91 trimmed existing stakes and 91 added.
The largest buyer was Kennedy Capital Management, opening a new position worth an estimated $7.99M. The largest seller was Bahl & Gaynor, cutting an estimated $8.79M.
- 251 institutional investors held Progress Software (PRGS) as of Q3 2022, down from 258 in Q2 2022.
- Funds reported $1.89B of Progress Software stock for Q3 2022, down 6.6% quarter-over-quarter.
- 33 funds opened new Progress Software positions in Q3 2022 and 37 closed out, a net change of -4 holders.
- The largest Progress Software buyer in Q3 2022 was Kennedy Capital Management, an estimated $7.99M added.
- The largest Progress Software seller in Q3 2022 was Bahl & Gaynor, an estimated $8.79M sold.
Based on aggregated 13F filings for Q3 2022.