Friedberg Investment Management’s SPS Commerce SPSC Stock Holding History

Friedberg Investment 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 Q3	–	Sell	-35,460	Closed	-$1.07M	–	100
2016 Q2	$1.07M	Buy	35,460 +2,980	+9%	+$77.1K	0.51%	56
2016 Q1	$697K	Buy	32,480 +2,300	+8%	+$57.7K	0.35%	67
2015 Q4	$1.06M	Sell	30,180 -1,600	-5%	-$58.4K	0.52%	63
2015 Q3	$1.08M	Sell	31,780 -1,440	-4%	-$50.3K	0.51%	56
2015 Q2	$1.09M	Hold	33,220	–	–	0.41%	74
2015 Q1	$1.11M	Buy	33,220 +17,500	+111%	+$558K	0.41%	69
2014 Q4	$445K	Buy	+15,720	New	+$450K	0.17%	86

Other funds holding SPSC

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

CWAM

Columbia Wanger Asset Management Chicago, Illinois $6.69B AUM 31.14% 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

GIM

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

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

CCA

Conestoga Capital Advisors Wayne, Pennsylvania $4.6B AUM 16.08% 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

Friedberg Investment Management's SPSC Position: Q3 2016 in Review

Friedberg Investment Management sold out of SPS Commerce (SPSC) in Q3 2016, closing a stake of 35,460 shares — an estimated $1.07M sold.

Friedberg Investment Management first reported a position in SPSC in Q4 2014 and held it in 7 quarters. The position peaked at $1.11M in Q1 2015. 162 funds tracked by Wall St. Rank hold SPSC as of Q3 2016.

Friedberg Investment Management reported no remaining SPS Commerce position as of Q3 2016 after selling out during the quarter.
Friedberg Investment Management sold 35,460 SPS Commerce shares in Q3 2016, an estimated $1.07M.
Friedberg Investment Management first reported a position in SPS Commerce in Q4 2014 and held it in 7 quarters.
Friedberg Investment Management's SPS Commerce position peaked at $1.11M in Q1 2015.
162 funds tracked by Wall St. Rank held SPS Commerce as of Q3 2016.

Based on Friedberg Investment Management's 13F filing for Q3 2016, filed 14 Nov 2016.