SPS Commerce
SPSC
337 hedge funds and large institutions have $4.62B invested in SPS Commerce in 2022 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 111 increasing their positions, 135 reducing their positions, and 22 closing their positions.
1,714% more call options, than puts
Call options by funds: $925K | Put options by funds: $51K
82% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 22
4% more funds holding
Funds holding: 323 → 337 (+14)
3% more capital invested
Capital invested by funds: $4.5B → $4.62B (+$117M)
0.41% more ownership
Funds ownership: 100.62% → 101.03% (+0.41%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
18% less repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 135
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$75.6M |
| 2 |
Morgan Stanley
New York
|
+$62.9M |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
+$11.6M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$10.9M |
| 5 |
Goldman Sachs
New York
|
+$9.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$15.7M |
| 2 |
FAM
Fred Alger Management
New York
|
-$13.4M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
-$10.3M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$10M |
| 5 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
-$9.87M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MAM
351
Meeder Asset Management
Dublin,
Ohio
| – | -$96K | -769 | Closed |
|
|
SFO
352
Standard Family Office
Sioux Falls,
South Dakota
| – | -$61K | -494 | Closed |
|
|
AF
353
Advisornet Financial
Minnetonka,
Minnesota
| – | -$43K | -350 | Closed |
|
|
TFS
354
TrustCore Financial Services
Brentwood,
Tennessee
| – | -$9K | -74 | Closed |
|
|
AA
355
AlphaMark Advisors
Ft. Wright,
Kentucky
| – | -$7K | -60 | Closed |
|
356
Simplex Trading
Chicago,
Illinois
| – | -$5K | -41 | Closed |
|
|
ACM
357
Absolute Capital Management
Pittsburgh,
Pennsylvania
| – | -$1.27K | -10 | Closed |
|
SPSC Hedge Fund Activity: Q4 2022 in Review
337 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in SPS Commerce (SPSC) for Q4 2022, worth a combined $4.62B — up 2.6% from $4.5B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new SPSC positions and 22 closed out — a net gain of 18 holders — while 111 added to existing stakes and 135 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $75.6M. The largest seller was Kayne Anderson Rudnick Investment Management, cutting an estimated $15.7M.
- 337 institutional investors held SPS Commerce (SPSC) as of Q4 2022, up from 323 in Q3 2022.
- Funds reported $4.62B of SPS Commerce stock for Q4 2022, up 2.6% quarter-over-quarter.
- 40 funds opened new SPS Commerce positions in Q4 2022 and 22 closed out, a net change of +18 holders.
- The largest SPS Commerce buyer in Q4 2022 was AllianceBernstein, an estimated $75.6M added.
- The largest SPS Commerce seller in Q4 2022 was Kayne Anderson Rudnick Investment Management, an estimated $15.7M sold.
Based on aggregated 13F filings for Q4 2022.