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Martingale Asset Management’s SPS Commerce SPSC Stock Holding History

Martingale 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
2025
Q3 		– Sell
-10,526
Closed -$1.43M – 836
2025
Q2 		$1.43M Hold
10,526
– – 0.04% 381
2025
Q1 		$1.4M Sell
10,526
-1,703
-14% -$268K 0.04% 384
2024
Q4 		$2.25M Sell
12,229
-480
-4% -$90K 0.05% 294
2024
Q3 		$2.47M Buy
12,709
+100
+0.8% +$19.6K 0.06% 262
2024
Q2 		$2.37M Hold
12,609
– – 0.05% 252
2024
Q1 		$2.33M Buy
12,609
+1
+0% +$185 0.05% 264
2023
Q4 		$2.44M Buy
12,608
+600
+5% +$105K 0.05% 242
2023
Q3 		$2.05M Hold
12,008
– – 0.04% 259
2023
Q2 		$2.31M Buy
12,008
+5,417
+82% +$874K 0.05% 247
2023
Q1 		$1M Sell
6,591
-3,793
-37% -$538K 0.02% 441
2022
Q4 		$1.33M Sell
10,384
-971
-9% -$125K 0.03% 375
2022
Q3 		$1.41M Sell
11,355
-1,500
-12% -$182K 0.03% 334
2022
Q2 		$1.45M Sell
12,855
-603
-4% -$68.2K 0.03% 356
2022
Q1 		$1.77M Sell
13,458
-2
-0% -$250 0.03% 329
2021
Q4 		$1.92M Sell
13,460
-4,103
-23% -$615K 0.02% 323
2021
Q3 		$2.83M Buy
17,563
+8,248
+89% +$1.02M 0.04% 223
2021
Q2 		$931K Sell
9,315
-200
-2% -$19.8K 0.01% 423
2021
Q1 		$946K Sell
9,515
-899
-9% -$95K 0.01% 442
2020
Q4 		$1.13M Sell
10,414
-55,201
-84% -$5.18M 0.01% 409
2020
Q3 		$5.11M Sell
65,615
-74,098
-53% -$5.63M 0.06% 215
2020
Q2 		$10.5M Sell
139,713
-10,397
-7% -$633K 0.12% 173
2020
Q1 		$6.98M Buy
150,110
+1,400
+0.9% +$73.8K 0.09% 225
2019
Q4 		$8.24M Sell
148,710
-100
-0.1% -$5.32K 0.08% 257
2019
Q3 		$7.01M Buy
148,810
+3,800
+3% +$193K 0.07% 301
2019
Q2 		$7.41M Buy
145,010
+4,400
+3% +$229K 0.08% 279
2019
Q1 		$7.46M Buy
140,610
+41,600
+42% +$2.04M 0.08% 272
2018
Q4 		$4.08M Buy
99,010
+21,400
+28% +$933K 0.05% 367
2018
Q3 		$3.85M Buy
77,610
+802
+1% +$35.9K 0.05% 385
2018
Q2 		$2.82M Buy
+76,808
New +$2.72M 0.03% 453

Other funds holding SPSC

BlackRock
BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return
Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return
Neuberger Berman Group
Neuberger Berman Group New York $150B AUM 40.08% 1-Year Est. Return
Nordea Investment Management
Nordea Investment Management Stockholm, Sweden $123B AUM 38.85% 1-Year Est. Return
CCA
Conestoga Capital Advisors Wayne, Pennsylvania $4.6B AUM 16.08% 1-Year Est. Return
Morgan Stanley
Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return
Geode Capital Management
Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return
DGI
Disciplined Growth Investors Minneapolis, Minnesota $5.91B AUM 53.97% 1-Year Est. Return
Fidelity Investments
Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

Martingale Asset Management's SPSC Position: Q3 2025 in Review

Martingale Asset Management sold out of SPS Commerce (SPSC) in Q3 2025, closing a stake of 10,526 shares — an estimated $1.43M sold.

Martingale Asset Management first reported a position in SPSC in Q2 2018 and held it in 29 quarters. The position peaked at $10.5M in Q2 2020. 403 funds tracked by Wall St. Rank hold SPSC as of Q3 2025.

  • Martingale Asset Management reported no remaining SPS Commerce position as of Q3 2025 after selling out during the quarter.
  • Martingale Asset Management sold 10,526 SPS Commerce shares in Q3 2025, an estimated $1.43M.
  • Martingale Asset Management first reported a position in SPS Commerce in Q2 2018 and held it in 29 quarters.
  • Martingale Asset Management's SPS Commerce position peaked at $10.5M in Q2 2020.
  • 403 funds tracked by Wall St. Rank held SPS Commerce as of Q3 2025.

Based on Martingale Asset Management's 13F filing for Q3 2025, filed 13 Nov 2025.