We are live on ! Find out more
SPSC icon

SPS Commerce
SPSC

170 hedge funds and large institutions have $1.07B invested in SPS Commerce in 2018 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 55 increasing their positions, 58 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

3,206% more call options, than puts

Call options by funds: $9.52M | Put options by funds: $288K

100% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 16

30% more capital invested

Capital invested by funds: $823M → $1.07B (+$251M)

7% more funds holding

Funds holding: 159 → 170 (+11)

5% less repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 58

2.31% less ownership

Funds ownership: 196.72% → 194.41% (-2.3%)

Holders
170
Holders Change
+11
Holders Change %
+6.92%
% of All Funds
3.9%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.05%
New
32
Increased
55
Reduced
58
Closed
16
Calls
$9.52M
Puts
$288K
Net Calls
+$9.23M
Net Calls Change
+$9.58M

Top Buyers

1
LPAM
Legion Partners Asset Management
California
+$18.5M
2
Fidelity Investments
Fidelity Investments
Massachusetts
+$16.9M
3
AA
Ancora Advisors
Ohio
+$11.3M
4
Ameriprise
Ameriprise
Minnesota
+$10.6M
5
GIM
Granahan Investment Management
Massachusetts
+$8.63M

Top Sellers

1
RCG
Ruane, Cunniff & Goldfarb
New York
-$28.3M
2
HP
Hound Partners
New York
-$24M
3
Millennium Management
Millennium Management
New York
-$16.5M
4
Citadel Advisors
Citadel Advisors
Florida
-$8.58M
5
Renaissance Technologies
Renaissance Technologies
New York
-$7.86M
Name Holding Trade Value Shares
Change 		Change in
Stake
American Century Companies
26
American Century Companies
Missouri
$10M +$5.34M +188,688 +151%
SIMG
27
Stephens Investment Management Group
Texas
$9.81M -$95.4K -3,372 -1%
Renaissance Technologies
28
Renaissance Technologies
New York
$9.32M -$7.86M -278,000 -49%
DGI
29
Disciplined Growth Investors
Minnesota
$9.3M -$20.4K -722 -0.2%
Two Sigma Investments
30
Two Sigma Investments
New York
$9.15M +$263K +9,286 +3%
Stifel Financial
31
Stifel Financial
Missouri
$8.86M +$7.8M +275,550 New
Principal Financial Group
32
Principal Financial Group
Iowa
$8.47M +$189K +6,684 +3%
Two Sigma Advisers
33
Two Sigma Advisers
New York
$7.53M +$720K +25,450 +12%
Goldman Sachs
34
Goldman Sachs
New York
$6.82M +$1.17M +41,360 +24%
Citadel Advisors
35
Citadel Advisors
Florida
$6.78M -$8.58M -303,308 -59%
TCIM
36
TIAA CREF Investment Management
New York
$5.96M +$1.63M +57,610 +45%
Charles Schwab
37
Charles Schwab
California
$5.7M +$328K +11,602 +7%
DM
38
Diker Management
New York
$5.43M +$1.03M +36,400 +27%
Invesco
39
Invesco
Georgia
$5.31M -$510K -18,014 -10%
FG
40
Formula Growth
Quebec, Canada
$4.8M +$4.24M +150,000 New
Morgan Stanley
41
Morgan Stanley
New York
$4.21M -$1.76M -62,292 -32%
OAM
42
Oxford Asset Management
United Kingdom
$4.17M -$4.71M -166,408 -56%
Deutsche Bank
43
Deutsche Bank
Germany
$4.17M -$4.07M -144,030 -53%
TA
44
Teachers Advisors
New York
$4.04M +$982K +34,708 +38%
Millennium Management
45
Millennium Management
New York
$3.91M -$16.5M -584,870 -83%
AQR Capital Management
46
AQR Capital Management
Connecticut
$3.57M +$43.8K +1,548 +1%
Bank of America
47
Bank of America
North Carolina
$3.56M -$2.52M -89,008 -44%
HIM
48
Herald Investment Management
United Kingdom
$3.2M – – –
BIM
49
Bogle Investment Management
Massachusetts
$3.13M +$2.76M +97,544 New
RhumbLine Advisers
50
RhumbLine Advisers
Massachusetts
$2.53M +$40.2K +1,422 +2%
1
2
3 4 5

SPSC Hedge Fund Activity: Q1 2018 in Review

170 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in SPS Commerce (SPSC) for Q1 2018, worth a combined $1.07B — up 30% from $823M a quarter earlier.

Buyers outnumbered sellers: 32 funds opened new SPSC positions and 16 closed out — a net gain of 16 holders — while 55 added to existing stakes and 58 trimmed.

The largest buyer was Legion Partners Asset Management, opening a new position worth an estimated $18.5M. The largest seller was Ruane, Cunniff & Goldfarb, cutting an estimated $28.3M.

  • 170 institutional investors held SPS Commerce (SPSC) as of Q1 2018, up from 159 in Q4 2017.
  • Funds reported $1.07B of SPS Commerce stock for Q1 2018, up 30% quarter-over-quarter.
  • 32 funds opened new SPS Commerce positions in Q1 2018 and 16 closed out, a net change of +16 holders.
  • The largest SPS Commerce buyer in Q1 2018 was Legion Partners Asset Management, an estimated $18.5M added.
  • The largest SPS Commerce seller in Q1 2018 was Ruane, Cunniff & Goldfarb, an estimated $28.3M sold.

Based on aggregated 13F filings for Q1 2018.