SPSC icon

SPS Commerce
SPSC

Overview Fund Activity

443 hedge funds and large institutions have $4.91B invested in SPS Commerce in 2025 Q1 according to their latest regulatory filings, with 66 funds opening new positions, 169 increasing their positions, 159 reducing their positions, and 72 closing their positions.

New
Increased
Maintained
Reduced
Closed
Holders
443
Holders Change
-13
Holders Change %
-2.85%
% of All Funds
6.02%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.04%
New
66
Increased
169
Reduced
159
Closed
72
Calls
$13.8M
Puts
$3.66M
Net Calls
+$10.2M
Net Calls Change
+$2.86M

Top Buyers

1
Fiera Capital (Canada)
1
Fiera Capital (Canada)
Quebec, Canada
$31.3M
2
Kayne Anderson Rudnick Investment Management
2
Kayne Anderson Rudnick Investment Management
California
$118M
3
Squarepoint
3
Squarepoint
New York
$29.9M
4
Nordea Investment Management
4
Nordea Investment Management
Sweden
$28.5M
5
BCM
5
Brown Capital Management
Maryland
$35.4M

Top Sellers

1
AllianceBernstein
1
AllianceBernstein
Tennessee
$10.2M
2
Ameriprise
2
Ameriprise
Minnesota
$51.5M
3
Goldman Sachs
3
Goldman Sachs
New York
$25.2M
4
Fidelity Investments
4
Fidelity Investments
Massachusetts
$155M
5
Assenagon Asset Management
5
Assenagon Asset Management
Luxembourg
$6.92M
Name Holding Trade Value Shares
Change 		Shares
Change %
FRM
251
Fox Run Management
Connecticut
$707K +$275K +2,071 +64%
AWA
252
Arkadios Wealth Advisors
Georgia
$659K -$6.9K -52 -1%
M&T Bank
253
M&T Bank
New York
$654K -$36.4K -274 -5%
Aviva
254
Aviva
United Kingdom
$613K +$184K +1,386 +43%
ECM
255
Everence Capital Management
Indiana
$584K -$47.8K -360 -8%
YMRC
256
Yorktown Management & Research Company
Virginia
$575K – – –
PAS
257
Park Avenue Securities
New York
$572K -$28.8K -217 -5%
GLA
258
Great Lakes Advisors
Illinois
$544K -$14.5K -109 -3%
CL
259
Choreo LLC
Illinois
$543K -$70.3K -530 -11%
FFN
260
Focus Financial Network
Minnesota
$537K -$783K -5,900 -59%
ET
261
Entropy Technologies
New York
$520K +$133K +1,000 +34%
AIP
262
Ameritas Investment Partners
Nebraska
$517K – – –
QCG
263
Quadrant Capital Group
Ohio
$507K +$329K +2,478 +185%
KeyBank National Association
264
KeyBank National Association
Ohio
$507K -$44.1K -332 -8%
Envestnet Portfolio Solutions
265
Envestnet Portfolio Solutions
Illinois
$503K -$327K -2,461 -39%
IB
266
Intrust Bank
Kansas
$497K -$46.3K -349 -9%
IA
267
Inspire Advisors
Idaho
$495K +$495K +3,727 New
Twin Tree Management
268
Twin Tree Management
Texas
$494K +$494K +3,720 New
MYIA
269
Mount Yale Investment Advisors
Colorado
$489K -$89.3K -673 -15%
QCM
270
Quantinno Capital Management
New York
$487K +$189K +1,427 +64%
Corient Private Wealth
271
Corient Private Wealth
Florida
$484K +$43.4K +327 +10%
SGAM
272
Smith Group Asset Management
Texas
$475K +$1.33K +10 +0.3%
LA
273
Legacy Advisors
Pennsylvania
$470K +$84.4K +636 +22%
CC
274
Centiva Capital
New York
$465K +$465K +3,504 New
SO
275
STRS Ohio
Ohio
$465K -$757K -5,700 -62%
9 10
11
12 13