SPS Commerce
SPSC
150 hedge funds and large institutions have $1.08B invested in SPS Commerce in 2017 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 44 increasing their positions, 57 reducing their positions, and 18 closing their positions.
294% more call options, than puts
Call options by funds: $803K | Put options by funds: $204K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
9% more capital invested
Capital invested by funds: $992M → $1.08B (+$86.4M)
0.66% less ownership
Funds ownership: 197.55% → 196.88% (-0.66%)
3% less funds holding
Funds holding: 154 → 150 (-4)
17% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 18
23% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 57
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
|
+$38.8M |
| 2 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
+$30.2M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$26.9M |
| 4 |
SCA
Southpoint Capital Advisors
New York
|
+$20.8M |
| 5 |
BP
Banbury Partners
Charlotte,
North Carolina
|
+$6.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
-$12.2M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$10.3M |
| 3 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$10.3M |
| 4 |
NRC
North Run Capital
Boston,
Massachusetts
|
-$7.12M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
-$6.48M |
SPSC Hedge Fund Activity: Q2 2017 in Review
150 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in SPS Commerce (SPSC) for Q2 2017, worth a combined $1.08B — up 8.7% from $992M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of SPSC and 15 opened new positions — a net loss of 3 holders — while 57 trimmed existing stakes and 44 added.
The largest buyer was Janus Henderson Group, opening a new position worth an estimated $38.8M. The largest seller was Brown Advisory, cutting an estimated $12.2M.
- 150 institutional investors held SPS Commerce (SPSC) as of Q2 2017, down from 154 in Q1 2017.
- Funds reported $1.08B of SPS Commerce stock for Q2 2017, up 8.7% quarter-over-quarter.
- 15 funds opened new SPS Commerce positions in Q2 2017 and 18 closed out, a net change of -3 holders.
- The largest SPS Commerce buyer in Q2 2017 was Janus Henderson Group, an estimated $38.8M added.
- The largest SPS Commerce seller in Q2 2017 was Brown Advisory, an estimated $12.2M sold.
Based on aggregated 13F filings for Q2 2017.