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Brown Capital Management’s SPS Commerce SPSC Stock Holding History

Brown Capital Management’s Portfolio SPSC Stock Details SPSC Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2026
Q2 		$2.18M Sell
38,208
-34,154
-47% -$1.89M 0.44% 49
2026
Q1 		$4.03M Sell
72,362
-29,198
-29% -$2.1M 0.57% 43
2025
Q4 		$9.05M Sell
101,560
-115,954
-53% -$10.8M 0.74% 41
2025
Q3 		$22.7M Sell
217,514
-43,781
-17% -$5.21M 0.93% 34
2025
Q2 		$35.6M Sell
261,295
-5,507
-2% -$763K 1.03% 33
2025
Q1 		$35.4M Buy
266,802
+168,218
+171% +$26.4M 1.07% 33
2024
Q4 		$18.1M Buy
+98,584
New +$18.5M 0.42% 46

Other funds holding SPSC

BlackRock
BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return
Vanguard Portfolio Management
Vanguard Portfolio Management Malvern, Pennsylvania $2.22T AUM
DGI
Disciplined Growth Investors Minneapolis, Minnesota $5.91B AUM 53.97% 1-Year Est. Return
Neuberger Berman Group
Neuberger Berman Group New York $150B AUM 40.08% 1-Year Est. Return
Vanguard Capital Management
Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM
State Street
State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return
Geode Capital Management
Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return
Goldman Sachs
Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return
Morgan Stanley
Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return
JT
Jupiter Topco New York $245B AUM

Brown Capital Management's SPSC Position: Q2 2026 in Review

Brown Capital Management reduced its SPS Commerce (SPSC) stake by 47% in Q2 2026, selling an estimated $1.89M and leaving 38,208 shares worth $2.18M. The position accounts for 0.44% of the portfolio, ranked #49.

Brown Capital Management first reported a position in SPSC in Q4 2024 and has held it in 7 quarters since. The position peaked at $35.6M in Q2 2025. 318 funds tracked by Wall St. Rank hold SPSC as of Q2 2026.

  • Brown Capital Management held 38,208 shares of SPS Commerce worth $2.18M as of Q2 2026.
  • Brown Capital Management sold 34,154 SPS Commerce shares in Q2 2026, an estimated $1.89M.
  • SPS Commerce made up 0.44% of Brown Capital Management's portfolio in Q2 2026, its #49 holding.
  • Brown Capital Management first reported a position in SPS Commerce in Q4 2024 and has held it in 7 quarters since.
  • Brown Capital Management's SPS Commerce position peaked at $35.6M in Q2 2025.
  • 318 funds tracked by Wall St. Rank held SPS Commerce as of Q2 2026.

Based on Brown Capital Management's 13F filing for Q2 2026, filed 27 Jul 2026.