SPS Commerce
SPSC
232 hedge funds and large institutions have $1.39B invested in SPS Commerce in 2018 Q4 according to their latest regulatory filings, with 52 funds opening new positions, 104 increasing their positions, 52 reducing their positions, and 25 closing their positions.
219% more call options, than puts
Call options by funds: $17.9M | Put options by funds: $5.62M
108% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 25
100% more repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 52
13% more funds holding
Funds holding: 205 → 232 (+27)
1.76% more ownership
Funds ownership: 189.3% → 191.06% (+1.8%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
15% less capital invested
Capital invested by funds: $1.64B → $1.39B (-$250M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCAMU
Rothschild & Co Asset Management US
Stamford,
Connecticut
|
+$21.1M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$18.7M |
| 3 |
Renaissance Technologies
New York
|
+$16.6M |
| 4 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$10.3M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$8.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$66M |
| 2 |
LPAM
Legion Partners Asset Management
Los Angeles,
California
|
-$21.4M |
| 3 |
Capital International Investors
Los Angeles,
California
|
-$19.2M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$13.3M |
| 5 |
JP Morgan Chase
New York
|
-$10.7M |
SPSC Hedge Fund Activity: Q4 2018 in Review
232 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in SPS Commerce (SPSC) for Q4 2018, worth a combined $1.39B — down 15% from $1.64B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new SPSC positions and 25 closed out — a net gain of 27 holders — while 104 added to existing stakes and 52 trimmed.
The largest buyer was Rothschild & Co Asset Management US, adding an estimated $21.1M. The largest seller was Capital World Investors, exiting entirely with an estimated $66M sold.
- 232 institutional investors held SPS Commerce (SPSC) as of Q4 2018, up from 205 in Q3 2018.
- Funds reported $1.39B of SPS Commerce stock for Q4 2018, down 15% quarter-over-quarter.
- 52 funds opened new SPS Commerce positions in Q4 2018 and 25 closed out, a net change of +27 holders.
- The largest SPS Commerce buyer in Q4 2018 was Rothschild & Co Asset Management US, an estimated $21.1M added.
- The largest SPS Commerce seller in Q4 2018 was Capital World Investors, an estimated $66M sold.
Based on aggregated 13F filings for Q4 2018.