SPS Commerce
SPSC
331 hedge funds and large institutions have $5.06B invested in SPS Commerce in 2021 Q4 according to their latest regulatory filings, with 49 funds opening new positions, 99 increasing their positions, 148 reducing their positions, and 31 closing their positions.
58% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 31
47% more call options, than puts
Call options by funds: $17.7M | Put options by funds: $12.1M
5% more funds holding
Funds holding: 315 → 331 (+16)
1.51% less ownership
Funds ownership: 100.43% → 98.92% (-1.5%)
13% less capital invested
Capital invested by funds: $5.8B → $5.06B (-$747M)
33% less repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 148
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fred Alger Management
New York
|
+$35.8M |
| 2 |
BlackRock
New York
|
+$26.2M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$9.36M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$6.19M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$5.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$82.1M |
| 2 |
SRFM
Shannon River Fund Management
New York
|
-$31.6M |
| 3 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
-$23.8M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$18.2M |
| 5 |
Goldman Sachs
New York
|
-$14.3M |
SPSC Hedge Fund Activity: Q4 2021 in Review
331 of the 6,518 institutional investors tracked by Wall St. Rank reported a position in SPS Commerce (SPSC) for Q4 2021, worth a combined $5.06B — down 13% from $5.8B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new SPSC positions and 31 closed out — a net gain of 18 holders — while 99 added to existing stakes and 148 trimmed.
The largest buyer was Fred Alger Management, adding an estimated $35.8M. The largest seller was Wells Fargo, cutting an estimated $82.1M.
- 331 institutional investors held SPS Commerce (SPSC) as of Q4 2021, up from 315 in Q3 2021.
- Funds reported $5.06B of SPS Commerce stock for Q4 2021, down 13% quarter-over-quarter.
- 49 funds opened new SPS Commerce positions in Q4 2021 and 31 closed out, a net change of +18 holders.
- The largest SPS Commerce buyer in Q4 2021 was Fred Alger Management, an estimated $35.8M added.
- The largest SPS Commerce seller in Q4 2021 was Wells Fargo, an estimated $82.1M sold.
Based on aggregated 13F filings for Q4 2021.