Fortaleza Asset Management’s SPS Commerce SPSC Stock Holding History

Fortaleza 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
2016 Q1	–	Sell	-7,540	Closed	-$265K	–	205
2015 Q4	$265K	Sell	7,540 -190	-2%	-$6.94K	0.16%	75
2015 Q3	$262K	Buy	7,730 +1,110	+17%	+$38.8K	0.18%	68
2015 Q2	$218K	Sell	6,620 -180	-3%	-$6.05K	0.13%	129
2015 Q1	$228K	Buy	+6,800	New	+$217K	0.13%	138
2013 Q4	–	Sell	-15,956	Closed	-$534K	–	230
2013 Q3	$534K	Buy	15,956 +76	+0.5%	+$2.42K	0.28%	132
2013 Q2	$437K	Buy	+15,880	New	+$384K	0.25%	144

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

Fortaleza Asset Management's SPSC Position: Q1 2016 in Review

Fortaleza Asset Management sold out of SPS Commerce (SPSC) in Q1 2016, closing a stake of 7,540 shares — an estimated $265K sold.

Fortaleza Asset Management first reported a position in SPSC in Q2 2013 and held it in 6 quarters. The position peaked at $534K in Q3 2013. 153 funds tracked by Wall St. Rank hold SPSC as of Q1 2016.

Fortaleza Asset Management reported no remaining SPS Commerce position as of Q1 2016 after selling out during the quarter.
Fortaleza Asset Management sold 7,540 SPS Commerce shares in Q1 2016, an estimated $265K.
Fortaleza Asset Management first reported a position in SPS Commerce in Q2 2013 and held it in 6 quarters.
Fortaleza Asset Management's SPS Commerce position peaked at $534K in Q3 2013.
153 funds tracked by Wall St. Rank held SPS Commerce as of Q1 2016.

Based on Fortaleza Asset Management's 13F filing for Q1 2016, filed 12 May 2016.