SPS Commerce
SPSC
127 hedge funds and large institutions have $956M invested in SPS Commerce in 2014 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 42 increasing their positions, 41 reducing their positions, and 8 closing their positions.
150% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 8
9% more funds holding
Funds holding: 117 → 127 (+10)
2% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 41
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.01% less ownership
Funds ownership: 104.35% → 102.33% (-2%)
14% less capital inflows, than outflows
Capital inflows: $83.4M | Capital outflows: $96.4M
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $318K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$20M |
| 2 |
Stephens Investment Management Group
Houston,
Texas
|
+$11.1M |
| 3 |
Granahan Investment Management
Waltham,
Massachusetts
|
+$5.47M |
| 4 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
+$4.59M |
| 5 |
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$4.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$57.7M |
| 2 |
OppenheimerFunds
New York
|
-$11.2M |
| 3 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
-$4.37M |
| 4 |
Riverbridge Partners
Minneapolis,
Minnesota
|
-$2.99M |
| 5 |
Next Century Growth Investors
Plymouth,
Minnesota
|
-$2.36M |
SPSC Hedge Fund Activity: Q4 2014 in Review
127 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in SPS Commerce (SPSC) for Q4 2014, worth a combined $956M — up 5.8% from $903M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new SPSC positions and 8 closed out — a net gain of 12 holders — while 42 added to existing stakes and 41 trimmed.
The largest buyer was Columbia Wanger Asset Management, adding an estimated $20M. The largest seller was Fidelity Investments, cutting an estimated $57.7M.
- 127 institutional investors held SPS Commerce (SPSC) as of Q4 2014, up from 117 in Q3 2014.
- Funds reported $956M of SPS Commerce stock for Q4 2014, up 5.8% quarter-over-quarter.
- 20 funds opened new SPS Commerce positions in Q4 2014 and 8 closed out, a net change of +12 holders.
- The largest SPS Commerce buyer in Q4 2014 was Columbia Wanger Asset Management, an estimated $20M added.
- The largest SPS Commerce seller in Q4 2014 was Fidelity Investments, an estimated $57.7M sold.
Based on aggregated 13F filings for Q4 2014.