LBP AM’s SPS Commerce SPSC Stock Holding History

LBP AM’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
2025 Q4	–	Sell	-8,858	Closed	-$922K	–	432
2025 Q3	$922K	Buy	8,858 +696	+9%	+$82.8K	0.01%	348
2025 Q2	$1.11M	Sell	8,162 -7,586	-48%	-$1.05M	0.02%	314
2025 Q1	$2.09M	Buy	15,748 +5,714	+57%	+$898K	0.03%	268
2024 Q4	$1.85M	Buy	+10,034	New	+$1.88M	0.02%	279

Other funds holding SPSC

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

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

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

Neuberger Berman Group New York $150B AUM 40.08% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

Nordea Investment Management Stockholm, Sweden $123B AUM 38.85% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

DGI

Disciplined Growth Investors Minneapolis, Minnesota $5.91B AUM 53.97% 1-Year Est. Return

LBP AM's SPSC Position: Q4 2025 in Review

LBP AM sold out of SPS Commerce (SPSC) in Q4 2025, closing a stake of 8,858 shares — an estimated $922K sold.

LBP AM first reported a position in SPSC in Q4 2024 and held it in 4 quarters. The position peaked at $2.09M in Q1 2025. 367 funds tracked by Wall St. Rank hold SPSC as of Q4 2025.

LBP AM reported no remaining SPS Commerce position as of Q4 2025 after selling out during the quarter.
LBP AM sold 8,858 SPS Commerce shares in Q4 2025, an estimated $922K.
LBP AM first reported a position in SPS Commerce in Q4 2024 and held it in 4 quarters.
LBP AM's SPS Commerce position peaked at $2.09M in Q1 2025.
367 funds tracked by Wall St. Rank held SPS Commerce as of Q4 2025.

Based on LBP AM's 13F filing for Q4 2025, filed 26 Jan 2026.