Southpoint Capital Advisors’s SPS Commerce SPSC Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2017 Q4	–	Sell	-1,500,000	Closed	-$42.5M	–	36
2017 Q3	$42.5M	Hold	1,500,000	–	–	1.75%	21
2017 Q2	$47.8M	Buy	1,500,000 +702,206	+88%	+$22.4M	1.89%	22
2017 Q1	$23.3M	Buy	+797,794	New	+$23.3M	0.99%	27