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SPS Commerce

400 hedge funds and large institutions have $4.04B invested in SPS Commerce in 2025 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 153 increasing their positions, 159 reducing their positions, and 88 closing their positions.

New
Increased
Maintained
Reduced
Closed

more call options, than puts

Call options by funds: $ | Put options by funds: $

more ownership

Funds ownership:

less repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

less funds holding

Funds holding:

22% less capital invested

Capital invested by funds: $5.19B → $4.04B (-$1.15B)

50% less first-time investments, than exits

New positions opened: 44 | Existing positions closed: 88

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
400
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$10.6M
Puts
$3.05M
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Cetera Investment Advisers
151
Cetera Investment Advisers
Illinois
$1.76M
ZIM
152
Zacks Investment Management
Illinois
$1.71M
DFCM
153
Dark Forest Capital Management
Puerto Rico
$1.68M
Natixis Advisors
154
Natixis Advisors
Massachusetts
$1.66M
SSCM
155
Sovereign's Capital Management
Georgia
$1.64M
LIC
156
Laurus Investment Counsel
Canada
$1.62M
ZBNA
157
Zions Bancorporation, National Association
Utah
$1.61M
Citigroup
158
Citigroup
New York
$1.6M
FMI
159
F/M Investments
District of Columbia
$1.57M
WTC
160
WhitTier Trust Company
Nevada
$1.51M
DIA
161
Dana Investment Advisors
Wisconsin
$1.48M
CAPTRUST Financial Advisors
162
CAPTRUST Financial Advisors
North Carolina
$1.38M
TIP
163
Torray Investment Partners
Maryland
$1.37M
SG Americas Securities
164
SG Americas Securities
New York
$1.36M
New York State Teachers Retirement System (NYSTRS)
165
New York State Teachers Retirement System (NYSTRS)
New York
$1.34M
EOJOAM
166
E. Ohman J:or Asset Management
Sweden
$1.33M
Zurich Cantonal Bank
167
Zurich Cantonal Bank
Switzerland
$1.33M
VCM
168
Voleon Capital Management
California
$1.29M
MML Investors Services
169
MML Investors Services
Massachusetts
$1.27M
YCM
170
Yousif Capital Management
Michigan
$1.23M
MGWM
171
Marks Group Wealth Management
Minnesota
$1.23M
IIM
172
Ironwood Investment Management
Massachusetts
$1.21M
ASRS
173
Arizona State Retirement System
Arizona
$1.17M
Vontobel Holding
174
Vontobel Holding
Switzerland
$1.15M
PGCM
175
Prescott Group Capital Management
Oklahoma
$1.15M