Progress Software
PRGS
331 hedge funds and large institutions have $3.24B invested in Progress Software in 2024 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 123 increasing their positions, 107 reducing their positions, and 35 closing their positions.
23% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 35
15% more repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 107
1.78% more ownership
Funds ownership: 114.13% → 115.9% (+1.8%)
1% more funds holding
Funds holding: 328 → 331 (+3)
1% less capital invested
Capital invested by funds: $3.28B → $3.24B (-$36.6M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
94% less call options, than puts
Call options by funds: $3.3M | Put options by funds: $59.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$76.2M |
| 2 |
JFG
Jefferies Financial Group
New York
|
+$44.3M |
| 3 |
N
Natixis
Paris,
France
|
+$25.7M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$10.3M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$9.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
-$34.8M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$23.6M |
| 3 |
JP Morgan Chase
New York
|
-$19.7M |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$16.7M |
| 5 |
LG
Leuthold Group
Minneapolis,
Minnesota
|
-$16.2M |
PRGS Hedge Fund Activity: Q4 2024 in Review
331 of the 7,606 institutional investors tracked by Wall St. Rank reported a position in Progress Software (PRGS) for Q4 2024, worth a combined $3.24B — down 1.1% from $3.28B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new PRGS positions and 35 closed out — a net gain of 8 holders — while 123 added to existing stakes and 107 trimmed.
The largest buyer was Pacer Advisors, adding an estimated $76.2M. The largest seller was Nomura Holdings, cutting an estimated $34.8M.
- 331 institutional investors held Progress Software (PRGS) as of Q4 2024, up from 328 in Q3 2024.
- Funds reported $3.24B of Progress Software stock for Q4 2024, down 1.1% quarter-over-quarter.
- 43 funds opened new Progress Software positions in Q4 2024 and 35 closed out, a net change of +8 holders.
- The largest Progress Software buyer in Q4 2024 was Pacer Advisors, an estimated $76.2M added.
- The largest Progress Software seller in Q4 2024 was Nomura Holdings, an estimated $34.8M sold.
Based on aggregated 13F filings for Q4 2024.