SPS Commerce
SPSC
278 hedge funds and large institutions have $3.52B invested in SPS Commerce in 2021 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 100 increasing their positions, 106 reducing their positions, and 31 closing their positions.
361% more call options, than puts
Call options by funds: $1.89M | Put options by funds: $409K
1% more capital invested
Capital invested by funds: $3.49B → $3.52B (+$32.4M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.56% less ownership
Funds ownership: 98.57% → 98.02% (-0.56%)
6% less repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 106
4% less funds holding
Funds holding: 290 → 278 (-12)
35% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SRFM
Shannon River Fund Management
New York
|
+$20.3M |
| 2 |
Neuberger Berman Group
New York
|
+$15.1M |
| 3 |
Legal & General Group
London,
United Kingdom
|
+$10.5M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$8.2M |
| 5 |
Millennium Management
New York
|
+$7.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$14.1M |
| 2 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$7.16M |
| 3 |
Renaissance Technologies
New York
|
-$7.03M |
| 4 |
FAM
Fred Alger Management
New York
|
-$6.44M |
| 5 |
ZCM
Ziegler Capital Management
Chicago,
Illinois
|
-$6.32M |
SPSC Hedge Fund Activity: Q2 2021 in Review
278 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in SPS Commerce (SPSC) for Q2 2021, worth a combined $3.52B — up 0.93% from $3.49B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of SPSC and 20 opened new positions — a net loss of 11 holders — while 106 trimmed existing stakes and 100 added.
The largest buyer was Shannon River Fund Management, opening a new position worth an estimated $20.3M. The largest seller was BlackRock, cutting an estimated $14.1M.
- 278 institutional investors held SPS Commerce (SPSC) as of Q2 2021, down from 290 in Q1 2021.
- Funds reported $3.52B of SPS Commerce stock for Q2 2021, up 0.93% quarter-over-quarter.
- 20 funds opened new SPS Commerce positions in Q2 2021 and 31 closed out, a net change of -11 holders.
- The largest SPS Commerce buyer in Q2 2021 was Shannon River Fund Management, an estimated $20.3M added.
- The largest SPS Commerce seller in Q2 2021 was BlackRock, an estimated $14.1M sold.
Based on aggregated 13F filings for Q2 2021.