Ruane, Cunniff & Goldfarb’s SPS Commerce SPSC Stock Holding History

Ruane, Cunniff & Goldfarb’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
2018 Q4	–	Sell	-70,000	Closed	-$3.47M	–	66
2018 Q3	$3.47M	Sell	70,000 -260,000	-79%	-$11.6M	0.03%	40
2018 Q2	$12.1M	Sell	330,000 -260,000	-44%	-$9.22M	0.11%	35
2018 Q1	$18.3M	Sell	590,000 -1,001,072	-63%	-$28.3M	0.17%	32
2017 Q4	$38.7M	Buy	1,591,072 +60,436	+4%	+$1.55M	0.32%	36
2017 Q3	$43.4M	Buy	1,530,636 +512,234	+50%	+$15.1M	0.38%	36
2017 Q2	$32.5M	Buy	+1,018,402	New	+$30.2M	0.3%	38

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

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

Riverbridge Partners Minneapolis, Minnesota $3.58B AUM 4.02% 1-Year Est. Return

CCA

Conestoga Capital Advisors Wayne, Pennsylvania $4.6B AUM 16.08% 1-Year Est. Return

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

Renaissance Technologies New York $72.6B AUM 54.88% 1-Year Est. Return

RCAMU

Rothschild & Co Asset Management US Stamford, Connecticut $6.58B AUM 4.5% 1-Year Est. Return

Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return

GIP

General Industrial Partners London, United Kingdom $2.57M AUM

Ruane, Cunniff & Goldfarb's SPSC Position: Q4 2018 in Review

Ruane, Cunniff & Goldfarb sold out of SPS Commerce (SPSC) in Q4 2018, closing a stake of 70,000 shares — an estimated $3.47M sold.

Ruane, Cunniff & Goldfarb first reported a position in SPSC in Q2 2017 and held it in 6 quarters. The position peaked at $43.4M in Q3 2017. 232 funds tracked by Wall St. Rank hold SPSC as of Q4 2018.

Ruane, Cunniff & Goldfarb reported no remaining SPS Commerce position as of Q4 2018 after selling out during the quarter.
Ruane, Cunniff & Goldfarb sold 70,000 SPS Commerce shares in Q4 2018, an estimated $3.47M.
Ruane, Cunniff & Goldfarb first reported a position in SPS Commerce in Q2 2017 and held it in 6 quarters.
Ruane, Cunniff & Goldfarb's SPS Commerce position peaked at $43.4M in Q3 2017.
232 funds tracked by Wall St. Rank held SPS Commerce as of Q4 2018.

Based on Ruane, Cunniff & Goldfarb's 13F filing for Q4 2018, filed 14 Feb 2019.