SPS Commerce
SPSC
460 hedge funds and large institutions have $7.15B invested in SPS Commerce in 2024 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 178 increasing their positions, 175 reducing their positions, and 32 closing their positions.
56% more call options, than puts
Call options by funds: $1.67M | Put options by funds: $1.07M
47% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 32
2% more funds holding
Funds holding: 449 → 460 (+11)
4% more capital invested
Capital invested by funds: $6.88B → $7.15B (+$269M)
2% more repeat investments, than reductions
Existing positions increased: 178 | Existing positions reduced: 175
0.5% more ownership
Funds ownership: 98.97% → 99.47% (+0.5%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$41.3M |
| 2 |
Morgan Stanley
New York
|
+$38M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$31.1M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$20.6M |
| 5 |
JP Morgan Chase
New York
|
+$20.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
APG Asset Management
Amsterdam,
Netherlands
|
-$80.3M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
-$28.6M |
| 3 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$19M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$16.5M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$15.8M |
SPSC Hedge Fund Activity: Q3 2024 in Review
460 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in SPS Commerce (SPSC) for Q3 2024, worth a combined $7.15B — up 3.9% from $6.88B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new SPSC positions and 32 closed out — a net gain of 15 holders — while 178 added to existing stakes and 175 trimmed.
The largest buyer was Franklin Resources, adding an estimated $41.3M. The largest seller was APG Asset Management, cutting an estimated $80.3M.
- 460 institutional investors held SPS Commerce (SPSC) as of Q3 2024, up from 449 in Q2 2024.
- Funds reported $7.15B of SPS Commerce stock for Q3 2024, up 3.9% quarter-over-quarter.
- 47 funds opened new SPS Commerce positions in Q3 2024 and 32 closed out, a net change of +15 holders.
- The largest SPS Commerce buyer in Q3 2024 was Franklin Resources, an estimated $41.3M added.
- The largest SPS Commerce seller in Q3 2024 was APG Asset Management, an estimated $80.3M sold.
Based on aggregated 13F filings for Q3 2024.