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.
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%)
Top Buyers
Top Sellers
| 1 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
-$28.3M |
| 2 |
HP
Hound Partners
New York
|
-$24M |
| 3 |
Millennium Management
New York
|
-$16.5M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$8.58M |
| 5 |
Renaissance Technologies
New York
|
-$7.86M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FQ
176
First Quadrant
Glendale,
California
| – | -$378K | -15,564 | Closed |
|
|
SBA
177
Seven Bridges Advisors
New York
| – | -$340K | -13,982 | Closed |
|
|
DDC
178
DF Dent & Co
Baltimore,
Maryland
| – | -$301K | -12,370 | Closed |
|
179
Victory Capital Management
San Antonio,
Texas
| – | -$130K | -5,370 | Closed |
|
|
QT
180
Quantbot Technologies
New York
| – | -$113K | -4,680 | Closed |
|
|
STA
181
Summit Trail Advisors
New York
| – | -$70K | -2,756 | Closed |
|
|
EWM
182
Evercore Wealth Management
New York
| – | -$52K | -2,154 | Closed |
|
|
NIT
183
NumerixS Investment Technologies
Vancouver,
British Columbia, Canada
| – | -$29K | -1,200 | Closed |
|
|
DCM
184
Delpha Capital Management
New York
| – | -$26K | -1,058 | Closed |
|
|
CA
185
Calton & Associates
Tampa,
Florida
| – | -$3K | -122 | Closed |
|
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.