SPS Commerce
SPSC
162 hedge funds and large institutions have $1.3B invested in SPS Commerce in 2016 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 56 increasing their positions, 54 reducing their positions, and 24 closing their positions.
38% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 24
23% more capital invested
Capital invested by funds: $1.06B → $1.3B (+$240M)
6% more funds holding
Funds holding: 153 → 162 (+9)
4% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 54
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
77% less call options, than puts
Call options by funds: $136K | Put options by funds: $592K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$49.1M |
| 2 |
HP
Hound Partners
New York
|
+$19.5M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$17.4M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$9.92M |
| 5 |
Goldman Sachs
New York
|
+$8.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$17.8M |
| 2 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$16.6M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$13.5M |
| 4 |
EM
Elliott Management
New York
|
-$12.4M |
| 5 |
TAM
Tiverton Asset Management
Wilimington,
Delaware
|
-$12.2M |
SPSC Hedge Fund Activity: Q3 2016 in Review
162 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in SPS Commerce (SPSC) for Q3 2016, worth a combined $1.3B — up 23% from $1.06B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new SPSC positions and 24 closed out — a net gain of 9 holders — while 56 added to existing stakes and 54 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $49.1M. The largest seller was Wells Fargo, cutting an estimated $17.8M.
- 162 institutional investors held SPS Commerce (SPSC) as of Q3 2016, up from 153 in Q2 2016.
- Funds reported $1.3B of SPS Commerce stock for Q3 2016, up 23% quarter-over-quarter.
- 33 funds opened new SPS Commerce positions in Q3 2016 and 24 closed out, a net change of +9 holders.
- The largest SPS Commerce buyer in Q3 2016 was BlackRock Fund Advisors, an estimated $49.1M added.
- The largest SPS Commerce seller in Q3 2016 was Wells Fargo, an estimated $17.8M sold.
Based on aggregated 13F filings for Q3 2016.