SPS Commerce
SPSC
142 hedge funds and large institutions have $1.18B invested in SPS Commerce in 2015 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 49 increasing their positions, 60 reducing their positions, and 8 closing their positions.
75% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 8
42% more capital inflows, than outflows
Capital inflows: $110M | Capital outflows: $77.9M
4% more funds holding
Funds holding: 137 → 142 (+5)
2.32% more ownership
Funds ownership: 102.14% → 104.46% (+2.3%)
9% more call options, than puts
Call options by funds: $475K | Put options by funds: $435K
18% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 60
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Investors US
Denver,
Colorado
|
+$39M |
| 2 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$21.2M |
| 3 |
Waddell & Reed Financial
Overland Park,
Kansas
|
+$8.96M |
| 4 |
KI
Kalmar Investments
Greenville,
Delaware
|
+$5.26M |
| 5 |
Granahan Investment Management
Waltham,
Massachusetts
|
+$4.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$14.9M |
| 2 |
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$12.5M |
| 3 |
Weatherbie Capital
Boston,
Massachusetts
|
-$6.68M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$5.4M |
| 5 |
Russell Frank Company
Seattle,
Washington
|
-$4.54M |
SPSC Hedge Fund Activity: Q3 2015 in Review
142 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in SPS Commerce (SPSC) for Q3 2015, worth a combined $1.18B — up 5.7% from $1.12B a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new SPSC positions and 8 closed out — a net gain of 6 holders — while 49 added to existing stakes and 60 trimmed.
The largest buyer was Janus Henderson Investors US, adding an estimated $39M. The largest seller was T. Rowe Price Associates, cutting an estimated $14.9M.
- 142 institutional investors held SPS Commerce (SPSC) as of Q3 2015, up from 137 in Q2 2015.
- Funds reported $1.18B of SPS Commerce stock for Q3 2015, up 5.7% quarter-over-quarter.
- 14 funds opened new SPS Commerce positions in Q3 2015 and 8 closed out, a net change of +6 holders.
- The largest SPS Commerce buyer in Q3 2015 was Janus Henderson Investors US, an estimated $39M added.
- The largest SPS Commerce seller in Q3 2015 was T. Rowe Price Associates, an estimated $14.9M sold.
Based on aggregated 13F filings for Q3 2015.