Hardy Reed’s SPS Commerce SPSC Stock Holding History

Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake
Trade Value Portfolio Weight Portfolio Position
2025
Q4
Sell
-2,200
Closed -$229K 249
2025
Q3
$229K Sell
2,200
-546
-20% -$65K 0.02% 226
2025
Q2
$374K Buy
2,746
+75
+3% +$10.4K 0.03% 165
2025
Q1
$355K Hold
2,671
0.03% 166
2024
Q4
$491K Sell
2,671
-16
-0.6% -$3K 0.04% 133
2024
Q3
$522K Sell
2,687
-89
-3% -$17.5K 0.05% 129
2024
Q2
$522K Hold
2,776
0.05% 123
2024
Q1
$513K Sell
2,776
-135
-5% -$24.9K 0.06% 65
2023
Q4
$564K Sell
2,911
-386
-12% -$67.3K 0.08% 62
2023
Q3
$563K Hold
3,297
0.1% 52
2023
Q2
$633K Sell
3,297
-140
-4% -$22.6K 0.11% 48
2023
Q1
$523K Hold
3,437
0.09% 59
2022
Q4
$441K Sell
3,437
-237
-6% -$30.5K 0.08% 63
2022
Q3
$456K Sell
3,674
-444
-11% -$53.8K 0.1% 47
2022
Q2
$466K Sell
4,118
-82
-2% -$9.28K 0.1% 46
2022
Q1
$551K Hold
4,200
0.1% 40
2021
Q4
$598K Sell
4,200
-360
-8% -$53.9K 0.1% 51
2021
Q3
$736K Hold
4,560
0.13% 47
2021
Q2
$455K Hold
4,560
0.08% 57
2021
Q1
$453K Hold
4,560
0.09% 53
2020
Q4
$495K Sell
4,560
-28
-0.6% -$2.63K 0.1% 54
2020
Q3
$357K Hold
4,588
0.09% 57
2020
Q2
$345K Buy
+4,588
New +$280K 0.12% 51
2020
Q1
Sell
-4,243
Closed -$235K 74
2019
Q4
$235K Sell
4,243
-83
-2% -$4.41K 0.09% 61
2019
Q3
$204K Hold
4,326
0.08% 65
2019
Q2
$221K Buy
4,326
+280
+7% +$14.6K 0.09% 61
2019
Q1
$215K Buy
+4,046
New +$198K 0.08% 61

Other funds holding SPSC

Hardy Reed's SPSC Position: Q4 2025 in Review

Hardy Reed sold out of SPS Commerce (SPSC) in Q4 2025, closing a stake of 2,200 shares — an estimated $229K sold.

Hardy Reed first reported a position in SPSC in Q1 2019 and held it in 26 quarters. The position peaked at $736K in Q3 2021. 367 funds tracked by Wall St. Rank hold SPSC as of Q4 2025.

  • Hardy Reed reported no remaining SPS Commerce position as of Q4 2025 after selling out during the quarter.
  • Hardy Reed sold 2,200 SPS Commerce shares in Q4 2025, an estimated $229K.
  • Hardy Reed first reported a position in SPS Commerce in Q1 2019 and held it in 26 quarters.
  • Hardy Reed's SPS Commerce position peaked at $736K in Q3 2021.
  • 367 funds tracked by Wall St. Rank held SPS Commerce as of Q4 2025.

Based on Hardy Reed's 13F filing for Q4 2025, filed 6 Feb 2026.