SPS Commerce
SPSC
379 hedge funds and large institutions have $6.36B invested in SPS Commerce in 2023 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 144 increasing their positions, 158 reducing their positions, and 26 closing their positions.
23% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 26
1% more funds holding
Funds holding: 374 → 379 (+5)
0.01% more ownership
Funds ownership: 101.51% → 101.52% (+0.01%)
9% less repeat investments, than reductions
Existing positions increased: 144 | Existing positions reduced: 158
10% less capital invested
Capital invested by funds: $7.1B → $6.36B (-$741M)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
72% less call options, than puts
Call options by funds: $1.53M | Put options by funds: $5.46M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$48.3M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$22.9M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$20.7M |
| 4 |
Charles Schwab
San Francisco,
California
|
+$20.5M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$16.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$29.1M |
| 2 |
BlackRock
New York
|
-$26.6M |
| 3 |
Nuveen
Charlotte,
North Carolina
|
-$23.3M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$19.7M |
| 5 |
FAM
Fred Alger Management
New York
|
-$18.9M |
SPSC Hedge Fund Activity: Q3 2023 in Review
379 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in SPS Commerce (SPSC) for Q3 2023, worth a combined $6.36B — down 10% from $7.1B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new SPSC positions and 26 closed out — a net gain of 6 holders — while 144 added to existing stakes and 158 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $48.3M. The largest seller was Granahan Investment Management, cutting an estimated $29.1M.
- 379 institutional investors held SPS Commerce (SPSC) as of Q3 2023, up from 374 in Q2 2023.
- Funds reported $6.36B of SPS Commerce stock for Q3 2023, down 10% quarter-over-quarter.
- 32 funds opened new SPS Commerce positions in Q3 2023 and 26 closed out, a net change of +6 holders.
- The largest SPS Commerce buyer in Q3 2023 was Wellington Management Group, an estimated $48.3M added.
- The largest SPS Commerce seller in Q3 2023 was Granahan Investment Management, an estimated $29.1M sold.
Based on aggregated 13F filings for Q3 2023.