SPS Commerce
SPSC
117 hedge funds and large institutions have $903M invested in SPS Commerce in 2014 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 34 increasing their positions, 49 reducing their positions, and 14 closing their positions.
7% less funds holding
Funds holding: 126 → 117 (-9)
16% less capital invested
Capital invested by funds: $1.07B → $903M (-$170M)
31% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 49
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
64% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 14
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $569K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$9.96M |
| 2 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$5.95M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$5.43M |
| 4 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$4.83M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$4.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$7.1M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$6.44M |
| 3 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
-$4.19M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$3.83M |
| 5 |
O
OppenheimerFunds
New York
|
-$3.41M |
SPSC Hedge Fund Activity: Q3 2014 in Review
117 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in SPS Commerce (SPSC) for Q3 2014, worth a combined $903M — down 16% from $1.07B a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of SPSC and 5 opened new positions — a net loss of 9 holders — while 49 trimmed existing stakes and 34 added.
The largest buyer was Artisan Partners, adding an estimated $9.96M. The largest seller was Driehaus Capital Management, exiting entirely with an estimated $7.1M sold.
- 117 institutional investors held SPS Commerce (SPSC) as of Q3 2014, down from 126 in Q2 2014.
- Funds reported $903M of SPS Commerce stock for Q3 2014, down 16% quarter-over-quarter.
- 5 funds opened new SPS Commerce positions in Q3 2014 and 14 closed out, a net change of -9 holders.
- The largest SPS Commerce buyer in Q3 2014 was Artisan Partners, an estimated $9.96M added.
- The largest SPS Commerce seller in Q3 2014 was Driehaus Capital Management, an estimated $7.1M sold.
Based on aggregated 13F filings for Q3 2014.