SPS Commerce
SPSC
251 hedge funds and large institutions have $1.87B invested in SPS Commerce in 2019 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 88 increasing their positions, 90 reducing their positions, and 16 closing their positions.
150% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 16
70% more call options, than puts
Call options by funds: $573K | Put options by funds: $338K
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
17% more capital invested
Capital invested by funds: $1.6B → $1.87B (+$278M)
7% more funds holding
Funds holding: 234 → 251 (+17)
0.17% less ownership
Funds ownership: 97.24% → 97.08% (-0.17%)
2% less repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 90
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$20.4M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$13.5M |
| 3 |
Morgan Stanley
New York
|
+$11.4M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$9.36M |
| 5 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$8.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIP
General Industrial Partners
London,
United Kingdom
|
-$21.7M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$15.7M |
| 3 |
ESCM
Echo Street Capital Management
New York
|
-$13.1M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$13.1M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$12M |
SPSC Hedge Fund Activity: Q4 2019 in Review
251 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in SPS Commerce (SPSC) for Q4 2019, worth a combined $1.87B — up 17% from $1.6B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new SPSC positions and 16 closed out — a net gain of 24 holders — while 88 added to existing stakes and 90 trimmed.
The largest buyer was BlackRock, adding an estimated $20.4M. The largest seller was General Industrial Partners, cutting an estimated $21.7M.
- 251 institutional investors held SPS Commerce (SPSC) as of Q4 2019, up from 234 in Q3 2019.
- Funds reported $1.87B of SPS Commerce stock for Q4 2019, up 17% quarter-over-quarter.
- 40 funds opened new SPS Commerce positions in Q4 2019 and 16 closed out, a net change of +24 holders.
- The largest SPS Commerce buyer in Q4 2019 was BlackRock, an estimated $20.4M added.
- The largest SPS Commerce seller in Q4 2019 was General Industrial Partners, an estimated $21.7M sold.
Based on aggregated 13F filings for Q4 2019.