We are live on ! Find out more
SPSC icon

SPS Commerce
SPSC

170 hedge funds and large institutions have $1.07B invested in SPS Commerce in 2018 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 55 increasing their positions, 58 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

3,206% more call options, than puts

Call options by funds: $9.52M | Put options by funds: $288K

100% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 16

30% more capital invested

Capital invested by funds: $823M → $1.07B (+$251M)

7% more funds holding

Funds holding: 159 → 170 (+11)

5% less repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 58

2.31% less ownership

Funds ownership: 196.72% → 194.41% (-2.3%)

Holders
170
Holders Change
+11
Holders Change %
+6.92%
% of All Funds
3.9%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.05%
New
32
Increased
55
Reduced
58
Closed
16
Calls
$9.52M
Puts
$288K
Net Calls
+$9.23M
Net Calls Change
+$9.58M

Top Buyers

1
LPAM
Legion Partners Asset Management
California
+$18.5M
2
Fidelity Investments
Fidelity Investments
Massachusetts
+$16.9M
3
AA
Ancora Advisors
Ohio
+$11.3M
4
Ameriprise
Ameriprise
Minnesota
+$10.6M
5
GIM
Granahan Investment Management
Massachusetts
+$8.63M

Top Sellers

1
RCG
Ruane, Cunniff & Goldfarb
New York
-$28.3M
2
HP
Hound Partners
New York
-$24M
3
Millennium Management
Millennium Management
New York
-$16.5M
4
Citadel Advisors
Citadel Advisors
Florida
-$8.58M
5
Renaissance Technologies
Renaissance Technologies
New York
-$7.86M
Name Holding Trade Value Shares
Change 		Change in
Stake
BlackRock
1
BlackRock
New York
$138M +$2.3M +81,184 +2%
HP
2
Hound Partners
New York
$81.9M -$24M -849,648 -25%
Capital World Investors
3
Capital World Investors
California
$74.3M – – –
Fidelity Investments
4
Fidelity Investments
Massachusetts
$65.2M +$16.9M +599,000 +42%
Vanguard Group
5
Vanguard Group
Pennsylvania
$64.6M +$987K +34,894 +2%
RP
6
Riverbridge Partners
Minnesota
$41.7M +$1.17M +41,312 +3%
ESCM
7
Echo Street Capital Management
New York
$35M +$5.62M +198,636 +22%
Wells Fargo
8
Wells Fargo
California
$33M +$1.73M +61,272 +6%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$30.5M +$792 +28 +0%
State Street
10
State Street
Massachusetts
$28.1M +$858K +30,342 +4%
CCA
11
Conestoga Capital Advisors
Pennsylvania
$26.3M -$326K -11,520 -1%
Ameriprise
12
Ameriprise
Minnesota
$22.7M +$10.6M +373,542 +111%
BBHC
13
Brown Brothers Harriman & Co
New York
$21.9M – – –
LPAM
14
Legion Partners Asset Management
California
$20.9M +$18.5M +652,742 New
GIM
15
Granahan Investment Management
Massachusetts
$19.5M +$8.63M +304,914 +100%
D.E. Shaw & Co
16
D.E. Shaw & Co
New York
$19M +$3.24M +114,666 +24%
RCG
17
Ruane, Cunniff & Goldfarb
New York
$18.3M -$28.3M -1,001,072 -63%
Northern Trust
18
Northern Trust
Illinois
$17.1M +$30K +1,060 +0.2%
PAMP
19
Polar Asset Management Partners
Ontario, Canada
$15.3M -$2.79M -98,676 -17%
TCM
20
Tensile Capital Management
California
$14.1M -$3.69M -130,310 -23%
FAM
21
Fred Alger Management
New York
$13.7M +$384K +13,568 +3%
Prudential Financial
22
Prudential Financial
New Jersey
$13M +$5.97M +210,986 +108%
Bank of New York Mellon
23
Bank of New York Mellon
New York
$12.9M -$439K -15,532 -4%
AA
24
Ancora Advisors
Ohio
$12.8M +$11.3M +399,394 New
Geode Capital Management
25
Geode Capital Management
Massachusetts
$10.5M +$283K +10,014 +3%
1
2 3 4 5

SPSC Hedge Fund Activity: Q1 2018 in Review

170 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in SPS Commerce (SPSC) for Q1 2018, worth a combined $1.07B — up 30% from $823M a quarter earlier.

Buyers outnumbered sellers: 32 funds opened new SPSC positions and 16 closed out — a net gain of 16 holders — while 55 added to existing stakes and 58 trimmed.

The largest buyer was Legion Partners Asset Management, opening a new position worth an estimated $18.5M. The largest seller was Ruane, Cunniff & Goldfarb, cutting an estimated $28.3M.

  • 170 institutional investors held SPS Commerce (SPSC) as of Q1 2018, up from 159 in Q4 2017.
  • Funds reported $1.07B of SPS Commerce stock for Q1 2018, up 30% quarter-over-quarter.
  • 32 funds opened new SPS Commerce positions in Q1 2018 and 16 closed out, a net change of +16 holders.
  • The largest SPS Commerce buyer in Q1 2018 was Legion Partners Asset Management, an estimated $18.5M added.
  • The largest SPS Commerce seller in Q1 2018 was Ruane, Cunniff & Goldfarb, an estimated $28.3M sold.

Based on aggregated 13F filings for Q1 2018.