Formula Growth’s SPS Commerce SPSC Stock Holding History

Formula Growth’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
2018 Q2	–	Sell	-150,000	Closed	-$4.8M	–	154
2018 Q1	$4.8M	Buy	+150,000	New	+$4.24M	0.57%	49

Other funds holding SPSC

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

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

Capital World Investors Los Angeles, California $846B AUM 46.74% 1-Year Est. Return

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

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

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

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

CCA

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

Hound Partners New York $863M AUM 11.22% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $672B AUM 33.48% 1-Year Est. Return

Formula Growth's SPSC Position: Q2 2018 in Review

Formula Growth sold out of SPS Commerce (SPSC) in Q2 2018, closing a stake of 150,000 shares — an estimated $4.8M sold.

Formula Growth first reported a position in SPSC in Q1 2018 and held it in 1 quarter. The position peaked at $4.8M in Q1 2018. 192 funds tracked by Wall St. Rank hold SPSC as of Q2 2018.

Formula Growth reported no remaining SPS Commerce position as of Q2 2018 after selling out during the quarter.
Formula Growth sold 150,000 SPS Commerce shares in Q2 2018, an estimated $4.8M.
Formula Growth first reported a position in SPS Commerce in Q1 2018 and held it in 1 quarter.
Formula Growth's SPS Commerce position peaked at $4.8M in Q1 2018.
192 funds tracked by Wall St. Rank held SPS Commerce as of Q2 2018.

Based on Formula Growth's 13F filing for Q2 2018, filed 13 Aug 2018.