SPS Commerce
SPSC
153 hedge funds and large institutions have $1.06B invested in SPS Commerce in 2016 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 53 increasing their positions, 51 reducing their positions, and 24 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
43% more capital invested
Capital invested by funds: $747M → $1.06B (+$318M)
8% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 24
4% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 51
0% more funds holding
Funds holding: 153 → 153 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$25.4M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
+$15.7M |
| 3 |
EM
Elliott Management
New York
|
+$10.6M |
| 4 |
GIP
Granite Investment Partners
El Segundo,
California
|
+$9.9M |
| 5 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$8.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$47.3M |
| 2 |
Millennium Management
New York
|
-$10.8M |
| 3 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
-$7.78M |
| 4 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
-$6.54M |
| 5 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$4.76M |
SPSC Hedge Fund Activity: Q2 2016 in Review
153 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in SPS Commerce (SPSC) for Q2 2016, worth a combined $1.06B — up 43% from $747M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new SPSC positions and 24 closed out — a net gain of 2 holders — while 53 added to existing stakes and 51 trimmed.
The largest buyer was Columbia Wanger Asset Management, adding an estimated $25.4M. The largest seller was T. Rowe Price Associates, cutting an estimated $47.3M.
- 153 institutional investors held SPS Commerce (SPSC) as of Q2 2016, unchanged from Q1 2016.
- Funds reported $1.06B of SPS Commerce stock for Q2 2016, up 43% quarter-over-quarter.
- 26 funds opened new SPS Commerce positions in Q2 2016 and 24 closed out, a net change of +2 holders.
- The largest SPS Commerce buyer in Q2 2016 was Columbia Wanger Asset Management, an estimated $25.4M added.
- The largest SPS Commerce seller in Q2 2016 was T. Rowe Price Associates, an estimated $47.3M sold.
Based on aggregated 13F filings for Q2 2016.