SPS Commerce
SPSC
142 hedge funds and large institutions have $1.14B invested in SPS Commerce in 2015 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 48 increasing their positions, 44 reducing their positions, and 12 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
133% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 12
19% more capital invested
Capital invested by funds: $956M → $1.14B (+$183M)
13% more call options, than puts
Call options by funds: $530K | Put options by funds: $470K
12% more funds holding
Funds holding: 127 → 142 (+15)
9% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fred Alger Management
New York
|
+$7.82M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
+$7.75M |
| 3 |
Renaissance Technologies
New York
|
+$6.7M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$6.62M |
| 5 |
CM
Castleark Management
Chicago,
Illinois
|
+$5.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$21.8M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$21.4M |
| 3 |
WSA
Wall Street Associates
Lajolla,
California
|
-$7.02M |
| 4 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
-$4.85M |
| 5 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
-$4.82M |
SPSC Hedge Fund Activity: Q1 2015 in Review
142 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in SPS Commerce (SPSC) for Q1 2015, worth a combined $1.14B — up 19% from $956M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new SPSC positions and 12 closed out — a net gain of 16 holders — while 48 added to existing stakes and 44 trimmed.
The largest buyer was Fred Alger Management, adding an estimated $7.82M. The largest seller was Columbia Wanger Asset Management, cutting an estimated $21.8M.
- 142 institutional investors held SPS Commerce (SPSC) as of Q1 2015, up from 127 in Q4 2014.
- Funds reported $1.14B of SPS Commerce stock for Q1 2015, up 19% quarter-over-quarter.
- 28 funds opened new SPS Commerce positions in Q1 2015 and 12 closed out, a net change of +16 holders.
- The largest SPS Commerce buyer in Q1 2015 was Fred Alger Management, an estimated $7.82M added.
- The largest SPS Commerce seller in Q1 2015 was Columbia Wanger Asset Management, an estimated $21.8M sold.
Based on aggregated 13F filings for Q1 2015.