SPS Commerce
SPSC
143 hedge funds and large institutions have $1.04B invested in SPS Commerce in 2013 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 55 increasing their positions, 52 reducing their positions, and 10 closing their positions.
60% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 10
3% more funds holding
Funds holding: 139 → 143 (+4)
6% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 52
2% less capital invested
Capital invested by funds: $1.06B → $1.04B (-$20.9M)
69% less call options, than puts
Call options by funds: $1.52M | Put options by funds: $4.85M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fred Alger Management
New York
|
+$14.6M |
| 2 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
+$10.6M |
| 3 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
+$10.4M |
| 4 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
+$9.17M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$6.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$15.3M |
| 2 |
WSA
Wall Street Associates
Lajolla,
California
|
-$7.67M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$6.49M |
| 4 |
RIM
Ranger Investment Management
Dallas,
Texas
|
-$5.98M |
| 5 |
O
OppenheimerFunds
New York
|
-$5.48M |
SPSC Hedge Fund Activity: Q4 2013 in Review
143 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in SPS Commerce (SPSC) for Q4 2013, worth a combined $1.04B — down 2% from $1.06B a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new SPSC positions and 10 closed out — a net gain of 6 holders — while 55 added to existing stakes and 52 trimmed.
The largest buyer was Fred Alger Management, adding an estimated $14.6M. The largest seller was Capital World Investors, cutting an estimated $15.3M.
- 143 institutional investors held SPS Commerce (SPSC) as of Q4 2013, up from 139 in Q3 2013.
- Funds reported $1.04B of SPS Commerce stock for Q4 2013, down 2% quarter-over-quarter.
- 16 funds opened new SPS Commerce positions in Q4 2013 and 10 closed out, a net change of +6 holders.
- The largest SPS Commerce buyer in Q4 2013 was Fred Alger Management, an estimated $14.6M added.
- The largest SPS Commerce seller in Q4 2013 was Capital World Investors, an estimated $15.3M sold.
Based on aggregated 13F filings for Q4 2013.