SPS Commerce
SPSC
240 hedge funds and large institutions have $1.76B invested in SPS Commerce in 2019 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 99 increasing their positions, 75 reducing their positions, and 37 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 75
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less capital invested
Capital invested by funds: $1.82B → $1.76B (-$63.6M)
1.34% less ownership
Funds ownership: 193.58% → 192.23% (-1.3%)
3% less funds holding
Funds holding: 247 → 240 (-7)
14% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 37
89% less call options, than puts
Call options by funds: $1.07M | Put options by funds: $10M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
+$39.8M |
| 2 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
+$12.1M |
| 3 |
BlackRock
New York
|
+$11.2M |
| 4 |
SG Americas Securities
New York
|
+$10M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$7.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$29M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$16.8M |
| 3 |
Morgan Stanley
New York
|
-$7.87M |
| 4 |
D.E. Shaw & Co
New York
|
-$7.19M |
| 5 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
-$6.75M |
SPSC Hedge Fund Activity: Q2 2019 in Review
240 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in SPS Commerce (SPSC) for Q2 2019, worth a combined $1.76B — down 3.5% from $1.82B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of SPSC and 32 opened new positions — a net loss of 5 holders — while 75 trimmed existing stakes and 99 added.
The largest buyer was Nuveen, opening a new position worth an estimated $39.8M. The largest seller was Capital International Investors, exiting entirely with an estimated $29M sold.
- 240 institutional investors held SPS Commerce (SPSC) as of Q2 2019, down from 247 in Q1 2019.
- Funds reported $1.76B of SPS Commerce stock for Q2 2019, down 3.5% quarter-over-quarter.
- 32 funds opened new SPS Commerce positions in Q2 2019 and 37 closed out, a net change of -5 holders.
- The largest SPS Commerce buyer in Q2 2019 was Nuveen, an estimated $39.8M added.
- The largest SPS Commerce seller in Q2 2019 was Capital International Investors, an estimated $29M sold.
Based on aggregated 13F filings for Q2 2019.