SPS Commerce
SPSC
324 hedge funds and large institutions have $4.5B invested in SPS Commerce in 2022 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 114 increasing their positions, 119 reducing their positions, and 33 closing their positions.
30% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 33
10% more capital invested
Capital invested by funds: $4.09B → $4.5B (+$417M)
3% more funds holding
Funds holding: 316 → 324 (+8)
0.65% more ownership
Funds ownership: 99.9% → 100.55% (+0.65%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
4% less repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 119
67% less call options, than puts
Call options by funds: $272K | Put options by funds: $820K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
APG Asset Management
Amsterdam,
Netherlands
|
+$34.8M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$19.3M |
| 3 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
+$10.6M |
| 4 |
GCM
Geneva Capital Management
Milwaukee,
Wisconsin
|
+$9.26M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$7.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
-$22.4M |
| 2 |
Millennium Management
New York
|
-$11.2M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$10.3M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$10.2M |
| 5 |
Renaissance Technologies
New York
|
-$9.96M |
SPSC Hedge Fund Activity: Q3 2022 in Review
324 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in SPS Commerce (SPSC) for Q3 2022, worth a combined $4.5B — up 10% from $4.09B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new SPSC positions and 33 closed out — a net gain of 10 holders — while 114 added to existing stakes and 119 trimmed.
The largest buyer was APG Asset Management, adding an estimated $34.8M. The largest seller was Conestoga Capital Advisors, cutting an estimated $22.4M.
- 324 institutional investors held SPS Commerce (SPSC) as of Q3 2022, up from 316 in Q2 2022.
- Funds reported $4.5B of SPS Commerce stock for Q3 2022, up 10% quarter-over-quarter.
- 43 funds opened new SPS Commerce positions in Q3 2022 and 33 closed out, a net change of +10 holders.
- The largest SPS Commerce buyer in Q3 2022 was APG Asset Management, an estimated $34.8M added.
- The largest SPS Commerce seller in Q3 2022 was Conestoga Capital Advisors, an estimated $22.4M sold.
Based on aggregated 13F filings for Q3 2022.