SPS Commerce
SPSC
149 hedge funds and large institutions have $1.2B invested in SPS Commerce in 2015 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 54 increasing their positions, 59 reducing their positions, and 6 closing their positions.
117% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 6
24% more call options, than puts
Call options by funds: $428K | Put options by funds: $344K
5% more funds holding
Funds holding: 142 → 149 (+7)
2% more capital invested
Capital invested by funds: $1.18B → $1.2B (+$23.7M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
8% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 59
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$14M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$8.71M |
| 3 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$5.81M |
| 4 |
FPC
Falcon Point Capital
San Francisco,
California
|
+$4.05M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$4.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$17.9M |
| 2 |
WC
Weatherbie Capital
Boston,
Massachusetts
|
-$9.49M |
| 3 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$6.43M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$6.13M |
| 5 |
FAM
Fred Alger Management
New York
|
-$5.19M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Goldman Sachs
New York
| – | -$494K | -14,540 | Closed |
|
|
ARTA
152
A.R.T. Advisors
New York
| – | -$342K | -10,098 | Closed |
|
153
Prudential Financial
Newark,
New Jersey
| – | -$225K | -6,618 | Closed |
|
154
SG Americas Securities
New York
| – | -$102K | -2,994 | Closed |
|
|
RWA
155
Ropes Wealth Advisors
Boston,
Massachusetts
| – | -$98K | -2,874 | Closed |
|
SPSC Hedge Fund Activity: Q4 2015 in Review
149 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in SPS Commerce (SPSC) for Q4 2015, worth a combined $1.2B — up 2% from $1.18B a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new SPSC positions and 6 closed out — a net gain of 7 holders — while 54 added to existing stakes and 59 trimmed.
The largest buyer was Fidelity International, adding an estimated $14M. The largest seller was Columbia Wanger Asset Management, cutting an estimated $17.9M.
- 149 institutional investors held SPS Commerce (SPSC) as of Q4 2015, up from 142 in Q3 2015.
- Funds reported $1.2B of SPS Commerce stock for Q4 2015, up 2% quarter-over-quarter.
- 13 funds opened new SPS Commerce positions in Q4 2015 and 6 closed out, a net change of +7 holders.
- The largest SPS Commerce buyer in Q4 2015 was Fidelity International, an estimated $14M added.
- The largest SPS Commerce seller in Q4 2015 was Columbia Wanger Asset Management, an estimated $17.9M sold.
Based on aggregated 13F filings for Q4 2015.