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SPS Commerce

460 hedge funds and large institutions have $6.96B invested in SPS Commerce in 2024 Q4 according to their latest regulatory filings, with 56 funds opening new positions, 177 increasing their positions, 178 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

69% more call options, than puts

Call options by funds: $18M | Put options by funds: $10.7M

12% more first-time investments, than exits

New positions opened: 56 | Existing positions closed: 50

1.14% more ownership

Funds ownership: 99.5%100.63% (+1.1%)

0% more funds holding

Funds holding: 460460 (0)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

1% less repeat investments, than reductions

Existing positions increased: 177 | Existing positions reduced: 178

3% less capital invested

Capital invested by funds: $7.15B → $6.96B (-$196M)

Holders
460
Holders Change
Holders Change %
0%
% of All Funds
6.06%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
56
Increased
177
Reduced
178
Closed
50
Calls
$18M
Puts
$10.7M
Net Calls
+$7.32M
Net Calls Change
+$6.72M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$1.1B +$24.3M +129,485 +2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$852M +$12.7M +67,687 +1%
Neuberger Berman Group
3
Neuberger Berman Group
New York
$305M +$3.9M +20,799 +1%
State Street
4
State Street
Massachusetts
$278M +$12.4M +66,304 +5%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$261M +$139M +742,686 +110%
CCA
6
Conestoga Capital Advisors
Pennsylvania
$230M +$2.06K +11 +0%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$173M -$4.88K -26 -0%
Morgan Stanley
8
Morgan Stanley
New York
$154M +$4.14M +22,048 +3%
CAM
9
Congress Asset Management
Massachusetts
$149M -$6.17M -32,904 -4%
Ameriprise
10
Ameriprise
Minnesota
$141M +$36M +191,740 +33%
Kayne Anderson Rudnick Investment Management
11
Kayne Anderson Rudnick Investment Management
California
$122M -$9.35M -49,840 -7%
RP
12
Riverbridge Partners
Minnesota
$120M -$9.45M -50,375 -7%
AllianceBernstein
13
AllianceBernstein
Tennessee
$118M -$8.57M -45,687 -7%
Macquarie Group
14
Macquarie Group
Australia
$109M +$9.15M +48,785 +9%
GCM
15
Geneva Capital Management
Wisconsin
$107M +$25.9M +138,014 +31%
Northern Trust
16
Northern Trust
Illinois
$93.8M +$9.72M +51,839 +11%
JP Morgan Chase
17
JP Morgan Chase
New York
$93.3M +$47.4M +252,575 +99%
Charles Schwab
18
Charles Schwab
California
$88.6M +$3.05M +16,272 +3%
FAM
19
Fred Alger Management
New York
$88.6M +$4.77M +25,414 +6%
Goldman Sachs
20
Goldman Sachs
New York
$88.4M +$35M +186,623 +64%
Franklin Resources
21
Franklin Resources
California
$88.1M +$8.61M +45,913 +11%
Norges Bank
22
Norges Bank
Norway
$81.5M -$7.06M -37,642 -8%
Dimensional Fund Advisors
23
Dimensional Fund Advisors
Texas
$78.2M +$2.16M +11,506 +3%
T. Rowe Price Associates
24
T. Rowe Price Associates
Maryland
$67.1M -$3.04M -16,229 -4%
GIM
25
Granahan Investment Management
Massachusetts
$55.7M +$5.49M +29,274 +11%

SPSC Hedge Fund Activity: Q4 2024 in Review

460 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in SPS Commerce (SPSC) for Q4 2024, worth a combined $6.96B — down 2.7% from $7.15B a quarter earlier.

Buyers outnumbered sellers: 56 funds opened new SPSC positions and 50 closed out — a net gain of 6 holders — while 177 added to existing stakes and 178 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $139M. The largest seller was APG Asset Management, cutting an estimated $110M.

  • 460 institutional investors held SPS Commerce (SPSC) as of Q4 2024, unchanged from Q3 2024.
  • Funds reported $6.96B of SPS Commerce stock for Q4 2024, down 2.7% quarter-over-quarter.
  • 56 funds opened new SPS Commerce positions in Q4 2024 and 50 closed out, a net change of +6 holders.
  • The largest SPS Commerce buyer in Q4 2024 was Fidelity Investments, an estimated $139M added.
  • The largest SPS Commerce seller in Q4 2024 was APG Asset Management, an estimated $110M sold.

Based on aggregated 13F filings for Q4 2024.