SPS Commerce
SPSC
192 hedge funds and large institutions have $1.22B invested in SPS Commerce in 2018 Q2 according to their latest regulatory filings, with 41 funds opening new positions, 78 increasing their positions, 45 reducing their positions, and 18 closing their positions.
367% more call options, than puts
Call options by funds: $1.92M | Put options by funds: $411K
128% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 18
73% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 45
14% more capital invested
Capital invested by funds: $1.07B → $1.22B (+$151M)
13% more funds holding
Funds holding: 170 → 192 (+22)
2.42% less ownership
Funds ownership: 194.41% → 191.99% (-2.4%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$15.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$14.3M |
| 3 |
FAM
Fred Alger Management
New York
|
+$9.6M |
| 4 |
TA
Teachers Advisors
New York
|
+$9.22M |
| 5 |
Millennium Management
New York
|
+$6.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HP
Hound Partners
New York
|
-$60.4M |
| 2 |
BBHC
Brown Brothers Harriman & Co
New York
|
-$21.9M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$16.1M |
| 4 |
ESCM
Echo Street Capital Management
New York
|
-$12.7M |
| 5 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
-$9.22M |
SPSC Hedge Fund Activity: Q2 2018 in Review
192 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in SPS Commerce (SPSC) for Q2 2018, worth a combined $1.22B — up 14% from $1.07B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new SPSC positions and 18 closed out — a net gain of 23 holders — while 78 added to existing stakes and 45 trimmed.
The largest buyer was BlackRock, adding an estimated $15.9M. The largest seller was Hound Partners, cutting an estimated $60.4M.
- 192 institutional investors held SPS Commerce (SPSC) as of Q2 2018, up from 170 in Q1 2018.
- Funds reported $1.22B of SPS Commerce stock for Q2 2018, up 14% quarter-over-quarter.
- 41 funds opened new SPS Commerce positions in Q2 2018 and 18 closed out, a net change of +23 holders.
- The largest SPS Commerce buyer in Q2 2018 was BlackRock, an estimated $15.9M added.
- The largest SPS Commerce seller in Q2 2018 was Hound Partners, an estimated $60.4M sold.
Based on aggregated 13F filings for Q2 2018.