SPS Commerce
SPSC
247 hedge funds and large institutions have $1.82B invested in SPS Commerce in 2019 Q1 according to their latest regulatory filings, with 45 funds opening new positions, 94 increasing their positions, 70 reducing their positions, and 29 closing their positions.
55% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 29
34% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 70
31% more capital invested
Capital invested by funds: $1.39B → $1.82B (+$432M)
6% more funds holding
Funds holding: 232 → 247 (+15)
2.52% more ownership
Funds ownership: 191.06% → 193.58% (+2.5%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
48% less call options, than puts
Call options by funds: $3.14M | Put options by funds: $6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$21.5M |
| 2 |
Morgan Stanley
New York
|
+$10.6M |
| 3 |
GIP
General Industrial Partners
London,
United Kingdom
|
+$9.87M |
| 4 |
Man Group
London,
United Kingdom
|
+$9.19M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$7.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$19.4M |
| 2 |
WG
Winton Group
London,
United Kingdom
|
-$10.5M |
| 3 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
-$7.43M |
| 4 |
Millennium Management
New York
|
-$7M |
| 5 |
LPAM
Legion Partners Asset Management
Los Angeles,
California
|
-$6.66M |
SPSC Hedge Fund Activity: Q1 2019 in Review
247 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in SPS Commerce (SPSC) for Q1 2019, worth a combined $1.82B — up 31% from $1.39B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new SPSC positions and 29 closed out — a net gain of 16 holders — while 94 added to existing stakes and 70 trimmed.
The largest buyer was Glenmede Trust, adding an estimated $21.5M. The largest seller was Fidelity Investments, cutting an estimated $19.4M.
- 247 institutional investors held SPS Commerce (SPSC) as of Q1 2019, up from 232 in Q4 2018.
- Funds reported $1.82B of SPS Commerce stock for Q1 2019, up 31% quarter-over-quarter.
- 45 funds opened new SPS Commerce positions in Q1 2019 and 29 closed out, a net change of +16 holders.
- The largest SPS Commerce buyer in Q1 2019 was Glenmede Trust, an estimated $21.5M added.
- The largest SPS Commerce seller in Q1 2019 was Fidelity Investments, an estimated $19.4M sold.
Based on aggregated 13F filings for Q1 2019.