SPS Commerce
SPSC
126 hedge funds and large institutions have $1.07B invested in SPS Commerce in 2014 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 40 increasing their positions, 54 reducing their positions, and 21 closing their positions.
7% more capital invested
Capital invested by funds: $1B → $1.07B (+$69.2M)
4% less funds holding
Funds holding: 131 → 126 (-5)
24% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 21
26% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 54
28% less call options, than puts
Call options by funds: $670K | Put options by funds: $929K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$26.5M |
| 2 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
+$21.2M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$18.6M |
| 4 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$13.9M |
| 5 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$13.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
RS Investment Management
San Francisco,
California
|
-$23.9M |
| 2 |
GA
Geneva Advisors
Chicago,
Illinois
|
-$17.3M |
| 3 |
William Blair & Company
Chicago,
Illinois
|
-$14.4M |
| 4 |
Capital World Investors
Los Angeles,
California
|
-$12.3M |
| 5 |
RIM
Ranger Investment Management
Dallas,
Texas
|
-$7.76M |
SPSC Hedge Fund Activity: Q2 2014 in Review
126 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in SPS Commerce (SPSC) for Q2 2014, worth a combined $1.07B — up 6.9% from $1B a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of SPSC and 16 opened new positions — a net loss of 5 holders — while 54 trimmed existing stakes and 40 added.
The largest buyer was Wasatch Advisors, adding an estimated $26.5M. The largest seller was RS Investment Management, exiting entirely with an estimated $23.9M sold.
- 126 institutional investors held SPS Commerce (SPSC) as of Q2 2014, down from 131 in Q1 2014.
- Funds reported $1.07B of SPS Commerce stock for Q2 2014, up 6.9% quarter-over-quarter.
- 16 funds opened new SPS Commerce positions in Q2 2014 and 21 closed out, a net change of -5 holders.
- The largest SPS Commerce buyer in Q2 2014 was Wasatch Advisors, an estimated $26.5M added.
- The largest SPS Commerce seller in Q2 2014 was RS Investment Management, an estimated $23.9M sold.
Based on aggregated 13F filings for Q2 2014.