Falcon Point Capital’s SPS Commerce SPSC Stock Holding History

Falcon Point Capital’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
2016 Q1	–	Sell	-332,534	Closed	-$11.7M	–	127
2015 Q4	$11.7M	Buy	332,534 +110,900	+50%	+$4.05M	2.52%	8
2015 Q3	$7.52M	Buy	221,634 +4,438	+2%	+$155K	2.69%	4
2015 Q2	$7.15M	Buy	217,196 +142,698	+192%	+$4.8M	2.42%	9
2015 Q1	$2.5M	Buy	74,498 +17,572	+31%	+$560K	1.94%	10
2014 Q4	$1.61M	Buy	56,926 +260	+0.5%	+$7.44K	1.48%	20
2014 Q3	$1.51M	Buy	56,666 +21,738	+62%	+$602K	1.27%	25
2014 Q2	$1.1M	Sell	34,928 -21,622	-38%	-$605K	1.11%	29
2014 Q1	$1.74M	Buy	56,550 +7,982	+16%	+$261K	1.67%	14
2013 Q4	$1.59M	Sell	48,568 -1,444	-3%	-$49.1K	1.52%	15
2013 Q3	$1.67M	Sell	50,012 -900	-2%	-$28.7K	1.78%	12
2013 Q2	$1.4M	Buy	+50,912	New	+$1.23M	1.54%	13

Other funds holding SPSC

Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $999B AUM 46.22% 1-Year Est. Return

GIM

Granahan Investment Management Waltham, Massachusetts $2.81B AUM 83.9% 1-Year Est. Return

CWAM

Columbia Wanger Asset Management Chicago, Illinois $6.69B AUM 31.14% 1-Year Est. Return

CCA

Conestoga Capital Advisors Wayne, Pennsylvania $4.6B AUM 16.08% 1-Year Est. Return

Riverbridge Partners Minneapolis, Minnesota $3.58B AUM 4.02% 1-Year Est. Return

JHIU

Janus Henderson Investors US Denver, Colorado $122B AUM 18.26% 1-Year Est. Return

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

Wasatch Advisors Salt Lake City, Utah $15.3B AUM 25.06% 1-Year Est. Return

CIP

Champlain Investment Partners Burlington, Vermont $3.89B AUM 16.15% 1-Year Est. Return

Falcon Point Capital's SPSC Position: Q1 2016 in Review

Falcon Point Capital sold out of SPS Commerce (SPSC) in Q1 2016, closing a stake of 332,534 shares — an estimated $11.7M sold.

Falcon Point Capital first reported a position in SPSC in Q2 2013 and held it in 11 quarters. The position peaked at $11.7M in Q4 2015. 153 funds tracked by Wall St. Rank hold SPSC as of Q1 2016.

Falcon Point Capital reported no remaining SPS Commerce position as of Q1 2016 after selling out during the quarter.
Falcon Point Capital sold 332,534 SPS Commerce shares in Q1 2016, an estimated $11.7M.
Falcon Point Capital first reported a position in SPS Commerce in Q2 2013 and held it in 11 quarters.
Falcon Point Capital's SPS Commerce position peaked at $11.7M in Q4 2015.
153 funds tracked by Wall St. Rank held SPS Commerce as of Q1 2016.

Based on Falcon Point Capital's 13F filing for Q1 2016, filed 15 Apr 2016.