SPS Commerce
SPSC
139 hedge funds and large institutions have $1.05B invested in SPS Commerce in 2013 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 56 increasing their positions, 54 reducing their positions, and 4 closing their positions.
250% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 4
22% more capital invested
Capital invested by funds: $859M → $1.05B (+$186M)
8% more funds holding
Funds holding: 129 → 139 (+10)
4% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 54
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
82% less call options, than puts
Call options by funds: $1.19M | Put options by funds: $6.56M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
+$17.5M |
| 2 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
+$10.4M |
| 3 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$7.88M |
| 4 |
RIM
Ranger Investment Management
Dallas,
Texas
|
+$4.47M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$24.2M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$7.07M |
| 3 |
MSA
Mason Street Advisors
Milwaukee,
Wisconsin
|
-$7.06M |
| 4 |
WSA
Wall Street Associates
Lajolla,
California
|
-$4.99M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$4.67M |
SPSC Hedge Fund Activity: Q3 2013 in Review
139 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in SPS Commerce (SPSC) for Q3 2013, worth a combined $1.05B — up 22% from $859M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new SPSC positions and 4 closed out — a net gain of 10 holders — while 56 added to existing stakes and 54 trimmed.
The largest buyer was OppenheimerFunds, opening a new position worth an estimated $17.5M. The largest seller was Fidelity Investments, cutting an estimated $24.2M.
- 139 institutional investors held SPS Commerce (SPSC) as of Q3 2013, up from 129 in Q2 2013.
- Funds reported $1.05B of SPS Commerce stock for Q3 2013, up 22% quarter-over-quarter.
- 14 funds opened new SPS Commerce positions in Q3 2013 and 4 closed out, a net change of +10 holders.
- The largest SPS Commerce buyer in Q3 2013 was OppenheimerFunds, an estimated $17.5M added.
- The largest SPS Commerce seller in Q3 2013 was Fidelity Investments, an estimated $24.2M sold.
Based on aggregated 13F filings for Q3 2013.