Geneva Advisors’s SPS Commerce SPSC Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2017 Q2	$1.62M	Sell	25,346 -11,185	-31%	-$713K	0.03%	273
2017 Q1	$2.14M	Buy	36,531 +4,468	+14%	+$261K	0.04%	204
2016 Q4	$2.24M	Buy	32,063 +4,366	+16%	+$305K	0.04%	187
2016 Q3	$2.03M	Buy	27,697 +5,502	+25%	+$404K	0.04%	197
2016 Q2	$1.35M	Buy	22,195 +3,932	+22%	+$238K	0.03%	253
2016 Q1	$784K	Sell	18,263 -18,447	-50%	-$792K	0.02%	341
2015 Q4	$2.58M	Sell	36,710 -3,708	-9%	-$260K	0.05%	162
2015 Q3	$2.74M	Buy	40,418 +21,893	+118%	+$1.49M	0.06%	158
2015 Q2	$1.22M	Buy	18,525 +3,562	+24%	+$234K	0.02%	276
2015 Q1	$1M	Buy	14,963 +374	+3%	+$25.1K	0.02%	300
2014 Q4	$826K	Buy	14,589 +1,664	+13%	+$94.2K	0.02%	330
2014 Q3	$687K	Buy	12,925 +2,434	+23%	+$129K	0.01%	373
2014 Q2	$663K	Sell	10,491 -309,372	-97%	-$19.6M	0.01%	389
2014 Q1	$19.7M	Buy	319,863 +2,701	+0.9%	+$166K	0.36%	80
2013 Q4	$20.7M	Buy	317,162 +1,617	+0.5%	+$106K	0.38%	77
2013 Q3	$21.1M	Buy	315,545 +6,353	+2%	+$425K	0.44%	74
2013 Q2	$17M	Buy	+309,192	New	+$17M	0.4%	77