SPS Commerce
SPSC
449 hedge funds and large institutions have $6.88B invested in SPS Commerce in 2024 Q2 according to their latest regulatory filings, with 60 funds opening new positions, 191 increasing their positions, 144 reducing their positions, and 31 closing their positions.
94% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 31
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
33% more repeat investments, than reductions
Existing positions increased: 191 | Existing positions reduced: 144
30% more call options, than puts
Call options by funds: $978K | Put options by funds: $753K
6% more funds holding
Funds holding: 424 → 449 (+25)
1% more capital invested
Capital invested by funds: $6.8B → $6.88B (+$87.3M)
0.79% less ownership
Funds ownership: 99.75% → 98.97% (-0.79%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOYA Investment Management
Atlanta,
Georgia
|
+$26.6M |
| 2 |
Public Employees Retirement Association of Colorado
Denver,
Colorado
|
+$16.9M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$14.4M |
| 4 |
DDC
DF Dent & Co
Baltimore,
Maryland
|
+$14.1M |
| 5 |
FMI
F/M Investments
Washington,
District of Columbia
|
+$13.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
-$81.5M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$36.2M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$36.2M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$19.8M |
| 5 |
Neuberger Berman Group
New York
|
-$17.3M |
SPSC Hedge Fund Activity: Q2 2024 in Review
449 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in SPS Commerce (SPSC) for Q2 2024, worth a combined $6.88B — up 1.3% from $6.8B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new SPSC positions and 31 closed out — a net gain of 29 holders — while 191 added to existing stakes and 144 trimmed.
The largest buyer was VOYA Investment Management, adding an estimated $26.6M. The largest seller was William Blair Investment Management, cutting an estimated $81.5M.
- 449 institutional investors held SPS Commerce (SPSC) as of Q2 2024, up from 424 in Q1 2024.
- Funds reported $6.88B of SPS Commerce stock for Q2 2024, up 1.3% quarter-over-quarter.
- 60 funds opened new SPS Commerce positions in Q2 2024 and 31 closed out, a net change of +29 holders.
- The largest SPS Commerce buyer in Q2 2024 was VOYA Investment Management, an estimated $26.6M added.
- The largest SPS Commerce seller in Q2 2024 was William Blair Investment Management, an estimated $81.5M sold.
Based on aggregated 13F filings for Q2 2024.