EULAV Asset Management’s SPS Commerce SPSC Stock Holding History

EULAV Asset 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
2025 Q4	–	Sell	-57,600	Closed	-$6M	–	155
2025 Q3	$6M	Sell	57,600 -46,900	-45%	-$5.58M	0.14%	123
2025 Q2	$14.2M	Hold	104,500	–	–	0.33%	76
2025 Q1	$13.9M	Hold	104,500	–	–	0.34%	76
2024 Q4	$19.2M	Hold	104,500	–	–	0.46%	63
2024 Q3	$20.3M	Hold	104,500	–	–	0.49%	59
2024 Q2	$19.7M	Hold	104,500	–	–	0.53%	52
2024 Q1	$19.3M	Hold	104,500	–	–	0.53%	52
2023 Q4	$20.3M	Hold	104,500	–	–	0.63%	51
2023 Q3	$17.8M	Hold	104,500	–	–	0.65%	53
2023 Q2	$20.1M	Hold	104,500	–	–	0.75%	49
2023 Q1	$15.9M	Hold	104,500	–	–	0.63%	50
2022 Q4	$13.4M	Hold	104,500	–	–	0.58%	56
2022 Q3	$13M	Hold	104,500	–	–	0.57%	61
2022 Q2	$11.8M	Hold	104,500	–	–	0.49%	64
2022 Q1	$13.7M	Hold	104,500	–	–	0.41%	72
2021 Q4	$14.5M	Hold	104,500	–	–	0.36%	82
2021 Q3	$16.9M	Hold	104,500	–	–	0.44%	78
2021 Q2	$10.4M	Hold	104,500	–	–	0.28%	105
2021 Q1	$10.4M	Hold	104,500	–	–	0.28%	102
2020 Q4	$11.3M	Hold	104,500	–	–	0.3%	104
2020 Q3	$8.14M	Hold	104,500	–	–	0.24%	111
2020 Q2	$7.85M	Hold	104,500	–	–	0.26%	108
2020 Q1	$4.86M	Buy	104,500 +5,900	+6%	+$311K	0.19%	124
2019 Q4	$5.46M	Hold	98,600	–	–	0.19%	128
2019 Q3	$4.64M	Hold	98,600	–	–	0.17%	137
2019 Q2	$5.04M	Hold	98,600	–	–	0.19%	130
2019 Q1	$5.21M	Buy	98,600 +26,000	+36%	+$1.27M	0.21%	123
2018 Q4	$2.99M	Buy	+72,600	New	+$3.17M	0.15%	155

Other funds holding SPSC

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Neuberger Berman Group New York $150B AUM 40.08% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

Nordea Investment Management Stockholm, Sweden $123B AUM 38.85% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

DGI

Disciplined Growth Investors Minneapolis, Minnesota $5.91B AUM 53.97% 1-Year Est. Return

EULAV Asset Management's SPSC Position: Q4 2025 in Review

EULAV Asset Management sold out of SPS Commerce (SPSC) in Q4 2025, closing a stake of 57,600 shares — an estimated $6M sold.

EULAV Asset Management first reported a position in SPSC in Q4 2018 and held it in 28 quarters. The position peaked at $20.3M in Q3 2024. 367 funds tracked by Wall St. Rank hold SPSC as of Q4 2025.

EULAV Asset Management reported no remaining SPS Commerce position as of Q4 2025 after selling out during the quarter.
EULAV Asset Management sold 57,600 SPS Commerce shares in Q4 2025, an estimated $6M.
EULAV Asset Management first reported a position in SPS Commerce in Q4 2018 and held it in 28 quarters.
EULAV Asset Management's SPS Commerce position peaked at $20.3M in Q3 2024.
367 funds tracked by Wall St. Rank held SPS Commerce as of Q4 2025.

Based on EULAV Asset Management's 13F filing for Q4 2025, filed 11 Feb 2026.