Progress Software
PRGS
294 hedge funds and large institutions have $1.14B invested in Progress Software in 2026 Q1 according to their latest regulatory filings, with 56 funds opening new positions, 97 increasing their positions, 105 reducing their positions, and 65 closing their positions.
10% more call options, than puts
Call options by funds: $11.7M | Put options by funds: $10.7M
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 105
1.39% less ownership
Funds ownership: 106.75% → 105.36% (-1.4%)
5% less funds holding
Funds holding: 309 → 294 (-15)
14% less first-time investments, than exits
New positions opened: 56 | Existing positions closed: 65
42% less capital invested
Capital invested by funds: $1.97B → $1.14B (-$832M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$35.5M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$26.7M |
| 3 |
HBCM
Heron Bay Capital Management
Bloomfield Hills,
Michigan
|
+$24.9M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$18.3M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$12.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$59.9M |
| 2 |
Capital International Investors
Los Angeles,
California
|
-$31M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$26.8M |
| 4 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$21.3M |
| 5 |
JFG
Jefferies Financial Group
New York
|
-$12.9M |
PRGS Hedge Fund Activity: Q1 2026 in Review
294 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in Progress Software (PRGS) for Q1 2026, worth a combined $1.14B — down 42% from $1.97B a quarter earlier.
Sellers outnumbered buyers: 65 funds closed out of PRGS and 56 opened new positions — a net loss of 9 holders — while 105 trimmed existing stakes and 97 added.
The largest buyer was Victory Capital Management, adding an estimated $35.5M. The largest seller was Wellington Management Group, exiting entirely with an estimated $59.9M sold.
- 294 institutional investors held Progress Software (PRGS) as of Q1 2026, down from 309 in Q4 2025.
- Funds reported $1.14B of Progress Software stock for Q1 2026, down 42% quarter-over-quarter.
- 56 funds opened new Progress Software positions in Q1 2026 and 65 closed out, a net change of -9 holders.
- The largest Progress Software buyer in Q1 2026 was Victory Capital Management, an estimated $35.5M added.
- The largest Progress Software seller in Q1 2026 was Wellington Management Group, an estimated $59.9M sold.
Based on aggregated 13F filings for Q1 2026.