RGM Capital’s SPS Commerce SPSC Stock Holding History

RGM Capital’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	-219,085	Closed	-$22.8M	–	19
2025 Q3	$22.8M	Buy	219,085 +182,845	+505%	+$21.8M	0.96%	19
2025 Q2	$4.93M	Buy	+36,240	New	+$5.02M	0.2%	20

Other funds holding SPSC

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

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

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Neuberger Berman Group New York $131B AUM 28.36% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Nordea Investment Management Stockholm, Sweden $107B AUM 24.58% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

DGI

Disciplined Growth Investors Minneapolis, Minnesota $4.89B AUM 33.85% 1-Year Est. Return

RGM Capital's SPSC Position: Q4 2025 in Review

RGM Capital sold out of SPS Commerce (SPSC) in Q4 2025, closing a stake of 219,085 shares — an estimated $22.8M sold.

RGM Capital first reported a position in SPSC in Q2 2025 and held it in 2 quarters. The position peaked at $22.8M in Q3 2025. 367 funds tracked by Wall St. Rank hold SPSC as of Q4 2025.

RGM Capital reported no remaining SPS Commerce position as of Q4 2025 after selling out during the quarter.
RGM Capital sold 219,085 SPS Commerce shares in Q4 2025, an estimated $22.8M.
RGM Capital first reported a position in SPS Commerce in Q2 2025 and held it in 2 quarters.
RGM Capital's SPS Commerce position peaked at $22.8M in Q3 2025.
367 funds tracked by Wall St. Rank held SPS Commerce as of Q4 2025.

Based on RGM Capital's 13F filing for Q4 2025, filed 17 Feb 2026.