SPS Commerce
SPSC
261 hedge funds and large institutions have $2.73B invested in SPS Commerce in 2020 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 76 increasing their positions, 120 reducing their positions, and 30 closing their positions.
4% more capital invested
Capital invested by funds: $2.64B → $2.73B (+$94M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.78% less ownership
Funds ownership: 100.56% → 99.78% (-0.78%)
7% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 30
1% less funds holding
Funds holding: 264 → 261 (-3)
37% less repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 120
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$45.5M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$26.4M |
| 3 |
Neuberger Berman Group
New York
|
+$15.4M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$13.7M |
| 5 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$9.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$13.5M |
| 2 |
Renaissance Technologies
New York
|
-$12.3M |
| 3 |
FAM
Fred Alger Management
New York
|
-$9.34M |
| 4 |
BCA
Bernzott Capital Advisors
Camarillo,
California
|
-$8.78M |
| 5 |
RCAMU
Rothschild & Co Asset Management US
Stamford,
Connecticut
|
-$7.92M |
SPSC Hedge Fund Activity: Q3 2020 in Review
261 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in SPS Commerce (SPSC) for Q3 2020, worth a combined $2.73B — up 3.6% from $2.64B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of SPSC and 28 opened new positions — a net loss of 2 holders — while 120 trimmed existing stakes and 76 added.
The largest buyer was Vanguard Group, adding an estimated $45.5M. The largest seller was BlackRock, cutting an estimated $13.5M.
- 261 institutional investors held SPS Commerce (SPSC) as of Q3 2020, down from 264 in Q2 2020.
- Funds reported $2.73B of SPS Commerce stock for Q3 2020, up 3.6% quarter-over-quarter.
- 28 funds opened new SPS Commerce positions in Q3 2020 and 30 closed out, a net change of -2 holders.
- The largest SPS Commerce buyer in Q3 2020 was Vanguard Group, an estimated $45.5M added.
- The largest SPS Commerce seller in Q3 2020 was BlackRock, an estimated $13.5M sold.
Based on aggregated 13F filings for Q3 2020.