SPS Commerce
SPSC
315 hedge funds and large institutions have $5.8B invested in SPS Commerce in 2021 Q3 according to their latest regulatory filings, with 63 funds opening new positions, 88 increasing their positions, 115 reducing their positions, and 23 closing their positions.
400% more funds holding in top 10
Funds holding in top 10: 1 → 5 (+4)
174% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 23
148% more call options, than puts
Call options by funds: $10.8M | Put options by funds: $4.36M
65% more capital invested
Capital invested by funds: $3.52B → $5.8B (+$2.29B)
13% more funds holding
Funds holding: 278 → 315 (+37)
2.41% more ownership
Funds ownership: 98.02% → 100.43% (+2.4%)
23% less repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 115
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
+$104M |
| 2 |
FAM
Fred Alger Management
New York
|
+$80.3M |
| 3 |
Neuberger Berman Group
New York
|
+$42.2M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$27.2M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$14.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$45.1M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$32.5M |
| 3 |
Renaissance Technologies
New York
|
-$18.7M |
| 4 |
Morgan Stanley
New York
|
-$17.4M |
| 5 |
Millennium Management
New York
|
-$15.8M |
SPSC Hedge Fund Activity: Q3 2021 in Review
315 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in SPS Commerce (SPSC) for Q3 2021, worth a combined $5.8B — up 65% from $3.52B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new SPSC positions and 23 closed out — a net gain of 40 holders — while 88 added to existing stakes and 115 trimmed.
The largest buyer was Congress Asset Management, adding an estimated $104M. The largest seller was Ameriprise, cutting an estimated $45.1M.
- 315 institutional investors held SPS Commerce (SPSC) as of Q3 2021, up from 278 in Q2 2021.
- Funds reported $5.8B of SPS Commerce stock for Q3 2021, up 65% quarter-over-quarter.
- 63 funds opened new SPS Commerce positions in Q3 2021 and 23 closed out, a net change of +40 holders.
- The largest SPS Commerce buyer in Q3 2021 was Congress Asset Management, an estimated $104M added.
- The largest SPS Commerce seller in Q3 2021 was Ameriprise, an estimated $45.1M sold.
Based on aggregated 13F filings for Q3 2021.