Who Owns Progress Software Stock?
NASDAQ: PRGSTechnologyComputer Software: Prepackaged SoftwareUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Ownership breakdown
- Held by institutions
- 115.99%
- Institutions (% of float)
- 118.76%
- Held by insiders
- 2.33%
- Institutional holders
- 414
- Institutions 97.7%
- Insiders 2.3%
- Public and other 0.0%
Who owns Progress Software stock?
Institutional investors own about 116.0% of Progress Software's shares, spread across 414 institutions that file 13F reports. That level of institutional ownership is high, typical of large, widely followed companies. Insiders, including executives, directors and large founding shareholders, hold 2.33% of PRGS.
The largest institutional holders are Blackrock Inc. (18.52%), Vanguard Portfolio Management LLC (9.41%) and State Street Corporation (4.80%). Together, the top 10 institutions control 56.6% of shares outstanding. In their latest filings, 9 of the top 10 institutions increased their PRGS positions and 1 reduced them.
Summary generated from market data by MetaCap's automated system. Methodology
Top institutional holders of PRGS
| Institution | Shares | % Held | Change |
|---|---|---|---|
| Blackrock Inc. | 7.57M | 18.52% | +8.6% |
| Vanguard Portfolio Management LLC | 3.85M | 9.41% | +12.1% |
| State Street Corporation | 1.96M | 4.80% | +11.4% |
| Vanguard Capital Management LLC | 1.90M | 4.65% | -1.5% |
| Victory Capital Management Inc. | 1.69M | 4.13% | +78.3% |
| Arrowstreet Capital, Limited Partnership | 1.27M | 3.12% | +4.4% |
| LSV Asset Management | 1.26M | 3.09% | +27.7% |
| Goldman Sachs Group Inc | 1.26M | 3.08% | +93.3% |
| Manufacturers Life Insurance Co. | 1.21M | 2.97% | +13.5% |
| Geode Capital Management, LLC | 1.17M | 2.87% | +7.8% |
% held is the share of total shares outstanding. Change is the percentage change in the position since the holder's previous 13F filing.
Top mutual fund and ETF holders of PRGS
| Fund | Shares | % Held |
|---|---|---|
| iShares Trust-iShares Core S&P Small-Cap ETF | 2.56M | 6.28% |
| VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund | 1.34M | 3.27% |
| iShares Trust-iShares Russell 2000 ETF | 1.09M | 2.66% |
| VANGUARD WORLD FUND-Vanguard Information Technology Index Fund | 1.08M | 2.64% |
| VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund | 964.21K | 2.36% |
| John Hancock Investment Trust-Small Cap Core Fund | 853.05K | 2.09% |
| Capitol Series Trust-FullerThaler Behavioral Small-Cap Equity Fund | 763.16K | 1.87% |
| VANGUARD INDEX FUNDS-Vanguard Small-Cap Value Index Fund | 611.31K | 1.50% |
| Fidelity Covington Trust-Fidelity Enhanced Small Cap Core ETF | 501.33K | 1.23% |
| Delaware Group Equity Funds V-Nomura Small Cap Core Fund | 495.33K | 1.21% |
Frequently asked questions
Who is the largest shareholder of Progress Software?
Blackrock Inc. is the largest institutional shareholder of PRGS, owning 18.52% of shares outstanding (7.57M shares) as of its latest 13F filing.
What percentage of Progress Software is owned by institutions?
Institutions own about 116.0% of PRGS shares and 118.8% of the public float.
How much of Progress Software do insiders own?
Insiders, such as officers and directors, own about 2.33% of PRGS shares outstanding.
Where does institutional ownership data come from?
Investment managers with more than $100 million in US equities must file Form 13F with the SEC within 45 days of each quarter-end. Holdings are therefore up to about 4.5 months old when published.