13F

Position

CWM, LLC in Progress Software Corp

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Estimated mark uses implied 13F prices (value ÷ shares). Adds are treated as happening at this quarter’s mark; cuts at last quarter’s. Share jumps can be splits, not buys. This is not realized P&L.

Latest estimated mark $232.6K$0.04$25.65

QuarterSharesValueImplied pxEst. markFlowWeight
Q4 202511.3K$4840.0%
Q1 20269.08K$233K$25.65$232.6K−$940.0%