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Progress Software

251 hedge funds and large institutions have $1.89B invested in Progress Software in 2022 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 91 increasing their positions, 92 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.34% more ownership

Funds ownership: 102.11%102.45% (+0.34%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

1% less repeat investments, than reductions

Existing positions increased: 91 | Existing positions reduced: 92

3% less funds holding

Funds holding: 258251 (-7)

6% less capital invested

Capital invested by funds: $2.02B → $1.89B (-$130M)

11% less first-time investments, than exits

New positions opened: 32 | Existing positions closed: 36

76% less call options, than puts

Call options by funds: $693K | Put options by funds: $2.86M

Holders
251
Holders Change
-7
Holders Change %
-2.71%
% of All Funds
4.32%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
32
Increased
91
Reduced
92
Closed
36
Calls
$693K
Puts
$2.86M
Net Calls
-$2.17M
Net Calls Change
+$610K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$318M +$1.46M +31,610 +0.4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$212M +$3.9M +84,371 +2%
SBH
3
Segall Bryant & Hamill
Illinois
$75.6M +$1.71M +37,038 +2%
BTW
4
Boston Trust Walden
Massachusetts
$68.5M +$1.31M +28,454 +2%
State Street
5
State Street
Massachusetts
$62.4M +$740K +16,012 +1%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$56.5M -$64.2K -1,390 -0.1%
Wellington Management Group
7
Wellington Management Group
Massachusetts
$51.6M -$1.07M -23,193 -2%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$49.4M -$1.06M -23,042 -2%
Renaissance Technologies
9
Renaissance Technologies
New York
$49.4M -$6.22M -134,600 -10%
Fuller & Thaler Asset Management
10
Fuller & Thaler Asset Management
California
$47.1M -$54.4K -1,177 -0.1%
PIM
11
Paradice Investment Management
Colorado
$47M +$6.91M +149,495 +16%
Victory Capital Management
12
Victory Capital Management
Texas
$39.4M +$765K +16,553 +2%
William Blair Investment Management
13
William Blair Investment Management
Illinois
$38.3M -$1.27M -27,528 -3%
SCP
14
Seizert Capital Partners
Michigan
$38.2M +$7.52M +162,739 +22%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$33.4M +$283K +6,127 +0.8%
Invesco
16
Invesco
Georgia
$25.8M +$941K +20,366 +3%
Manulife (Manufacturers Life Insurance)
17
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$25.8M +$2.54M +54,879 +10%
Ameriprise
18
Ameriprise
Minnesota
$21.8M -$942K -20,377 -4%
OCMI
19
Oaktop Capital Management II
New Jersey
$21.6M -$4.8M -103,918 -17%
Northern Trust
20
Northern Trust
Illinois
$20.8M -$416K -8,995 -2%
SFM
21
Systematic Financial Management
New Jersey
$19.8M +$346K +7,491 +2%
Charles Schwab
22
Charles Schwab
California
$19.6M +$65.4K +1,415 +0.3%
VLKIM
23
Van Lanschot Kempen Investment Management
Netherlands
$19.3M -$3.24M -70,143 -13%
Morgan Stanley
24
Morgan Stanley
New York
$19M +$1M +21,732 +5%
MMA
25
Mizuho Markets Americas
New York
$16.6M -$34.7K -750 -0.2%

PRGS Hedge Fund Activity: Q3 2022 in Review

251 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Progress Software (PRGS) for Q3 2022, worth a combined $1.89B — down 6.5% from $2.02B a quarter earlier.

Sellers outnumbered buyers: 36 funds closed out of PRGS and 32 opened new positions — a net loss of 4 holders — while 92 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 6.5% quarter-over-quarter.
  • 32 funds opened new Progress Software positions in Q3 2022 and 36 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.