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SPS Commerce

402 hedge funds and large institutions have $4.04B invested in SPS Commerce in 2025 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 153 increasing their positions, 161 reducing their positions, and 87 closing their positions.

New
Increased
Maintained
Reduced
Closed

248% more call options, than puts

Call options by funds: $10.6M | Put options by funds: $3.05M

1.5% more ownership

Funds ownership: 100.54%102.04% (+1.5%)

5% less repeat investments, than reductions

Existing positions increased: 153 | Existing positions reduced: 161

11% less funds holding

Funds holding: 452402 (-50)

22% less capital invested

Capital invested by funds: $5.19B → $4.04B (-$1.15B)

49% less first-time investments, than exits

New positions opened: 44 | Existing positions closed: 87

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
402
Holders Change
-50
Holders Change %
-11.06%
% of All Funds
5.28%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
44
Increased
153
Reduced
161
Closed
87
Calls
$10.6M
Puts
$3.05M
Net Calls
+$7.58M
Net Calls Change
+$8.48M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$588M -$13.8M -115,607 -2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$515M +$29.7M +249,351 +5%
State Street
3
State Street
Massachusetts
$152M -$675K -5,674 -0.4%
Neuberger Berman Group
4
Neuberger Berman Group
New York
$135M +$22.2M +186,671 +17%
Nordea Investment Management
5
Nordea Investment Management
Sweden
$135M -$4.54M -38,181 -3%
CCA
6
Conestoga Capital Advisors
Pennsylvania
$133M +$3.66M +30,769 +2%
Morgan Stanley
7
Morgan Stanley
New York
$101M +$4.46M +37,500 +4%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$101M -$733K -6,160 -0.6%
DGI
9
Disciplined Growth Investors
Minnesota
$82.5M +$43.7M +367,346 +86%
Fidelity Investments
10
Fidelity Investments
Massachusetts
$65.4M -$72.2M -606,541 -49%
Macquarie Group
11
Macquarie Group
Australia
$62.6M -$4.48M -37,640 -6%
Kayne Anderson Rudnick Investment Management
12
Kayne Anderson Rudnick Investment Management
California
$57.9M -$33.3M -279,571 -33%
BNP Paribas Asset Management
13
BNP Paribas Asset Management
France
$57.8M +$44.4M +373,298 +205%
Northern Trust
14
Northern Trust
Illinois
$52.6M +$404K +3,394 +0.7%
VBA
15
Van Berkom & Associates
Quebec, Canada
$51.9M +$59.3M +498,154 New
Charles Schwab
16
Charles Schwab
California
$51.3M -$1.51M -12,719 -3%
Dimensional Fund Advisors
17
Dimensional Fund Advisors
Texas
$50.3M +$3.44M +28,869 +6%
GCM
18
Geneva Capital Management
Wisconsin
$50M -$16.5M -139,044 -22%
RP
19
Riverbridge Partners
Minnesota
$49.1M -$5.62M -47,195 -9%
JP Morgan Chase
20
JP Morgan Chase
New York
$48.4M -$6.89M -57,923 -11%
UBS Group
21
UBS Group
Switzerland
$47.8M +$48.6M +408,221 +806%
Bank of America
22
Bank of America
North Carolina
$41.6M -$3.11M -26,105 -6%
GIM
23
Granahan Investment Management
Massachusetts
$41.3M +$2.9M +24,349 +7%
Goldman Sachs
24
Goldman Sachs
New York
$40.7M +$25M +210,390 +116%
CIP
25
Champlain Investment Partners
Vermont
$36.7M +$42M +352,748 New