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SPS Commerce Inc

SPSC
Exchange
Nasdaq
Industry
Services-Prepackaged Software
SEC CIK
0001092699

No open-market purchases or sales by SPS Commerce Inc insiders were filed in the last 90 days; 318 institutions reported holding it in 13F filings for Q2 2026, worth $2.23B in total; no superinvestor holds it.

13F holders, Q1 2025

Institutional positions in SPS Commerce Inc as of Mar 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
448
−7 vs. Q4 2024
Shares held
37.6M
+118.2K (+0.3%) vs. Q4 2024
Total value
$4.99B
−$1.91B (−27.6%) vs. Q4 2024
New holders
65
172 more added
Sold out
72
160 more reduced

5 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2024: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting SPSC on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ1 2025: 448 institutions
Q1 2021: 290 institutionsQ2 2021: 278 institutionsQ3 2021: 315 institutionsQ4 2021: 331 institutionsQ1 2022: 326 institutionsQ2 2022: 317 institutionsQ3 2022: 324 institutionsQ4 2022: 337 institutionsQ1 2023: 362 institutionsQ2 2023: 374 institutionsQ3 2023: 380 institutionsQ4 2023: 402 institutionsQ1 2024: 422 institutionsQ2 2024: 449 institutionsQ3 2024: 461 institutionsQ4 2024: 460 institutionsQ1 2025: 448 institutionsQ2 2025: 452 institutionsQ3 2025: 403 institutionsQ4 2025: 367 institutionsQ1 2026: 329 institutionsQ2 2026: 318 institutions
Value heldQ1 2025: $4.99B
Q1 2021: $3.49BQ2 2021: $3.52BQ3 2021: $5.80BQ4 2021: $5.06BQ1 2022: $4.70BQ2 2022: $4.09BQ3 2022: $4.50BQ4 2022: $4.68BQ1 2023: $5.56BQ2 2023: $7.10BQ3 2023: $6.36BQ4 2023: $7.17BQ1 2024: $6.79BQ2 2024: $6.88BQ3 2024: $7.16BQ4 2024: $6.96BQ1 2025: $4.99BQ2 2025: $5.19BQ3 2025: $4.04BQ4 2025: $3.42BQ1 2026: $2.13BQ2 2026: $2.23B
Institutions holding SPSC and their total value by quarter
QuarterHoldersValue
Q2 2026318$2.23B
Q1 2026329$2.13B
Q4 2025367$3.42B
Q3 2025403$4.04B
Q2 2025452$5.19B
Q1 2025448$4.99B
Q4 2024460$6.96B
Q3 2024461$7.16B
Q2 2024449$6.88B
Q1 2024422$6.79B
Q4 2023402$7.17B
Q3 2023380$6.36B
Q2 2023374$7.10B
Q1 2023362$5.56B
Q4 2022337$4.68B
Q3 2022324$4.50B
Q2 2022317$4.09B
Q1 2022326$4.70B
Q4 2021331$5.06B
Q3 2021315$5.80B
Q2 2021278$3.52B
Q1 2021290$3.49B

Institutions, Q1 2025

Shares, value and share of portfolio for each institution holding SPS Commerce Inc; share changes are against Q4 2024.

Institutions holding SPSC in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
EFG Asset Management (North America) Corp.17,077$2.27M0.38%−2,294−11.8%Reduced
Aquatic Capital Management LLC17,646$2.34M0.06%+13,833+362.8%Added
Louisiana State Employees Retirement System17,900$2.38M0.05%−300−1.6%Reduced
XTX Topco Ltd18,524$2.46M0.13%+18,524New
ExodusPoint Capital Management, LP18,607$2.47M0.03%+18,607New
Nicholas Investment Partners, LP18,789$2.49M0.26%−20,450−52.1%Reduced
Synovus Financial Corp19,256$2.56M0.03%+9,826+104.2%Added
Corebridge Financial, Inc.19,691$2.61M0.02%−374−1.9%Reduced
B. Metzler seel. Sohn & Co. AG19,994$2.65M0.03%+2,061+11.5%Added
Element Capital Management LLC20,069$2.66M0.66%+20,069New
Bridge City Capital, LLC20,832$2.77M0.83%+20,832New
Pathstone Holdings, LLC20,852$2.77M0.01%−275−1.3%Reduced
State of Alaska, Department of Revenue21,026$2.79M0.03%−324−1.5%Reduced
Manufacturers Life Insurance Company, The21,697$2.88M0.00%+507+2.4%Added
MetLife Investment Management22,028$2.92M0.02%−527−2.3%Reduced
State of Wisconsin Investment Board22,124$2.94M0.01%+115+0.5%Added
Moody National Bank Trust Division22,730$3.02M0.31%+5,529+32.1%Added
Baird Financial Group, Inc.23,496$3.12M0.01%−70−0.3%Reduced
Illinois Municipal Retirement Fund23,600$3.13M0.05%+535+2.3%Added
Cresset Asset Management, LLC23,622$3.14M0.02%+220+0.9%Added
Stanley-Laman Group, Ltd.23,753$3.15M0.49%+23,753New
Intech Investment Management LLC23,798$3.16M0.03%+1,760+8.0%Added
Whittier Trust Co25,305$3.36M0.05%+478+1.9%Added
Stifel Financial Corp25,358$3.37M0.00%−4,782−15.9%Reduced
Millennium Management LLC25,373$3.37M0.00%−43,337−63.1%Reduced
Bouvel Investment Partners, LLC18,058$3.51M1.33%−200−1.1%Reduced
Algert Global LLC26,995$3.58M0.09%+9,470+54.0%Added
Thrivent Financial for Lutherans27,872$3.70M0.01%−1,166−4.0%Reduced
Universal- Beteiligungs- und Servicegesellschaft mbH28,622$3.80M0.01%+28,622New
Numerai GP LLC28,649$3.80M0.72%+20,725+261.5%Added
Balyasny Asset Management LLC30,939$4.11M0.01%−12,039−28.0%Reduced
Hillsdale Investment Management Inc.31,600$4.19M0.21%+920+3.0%Added
Van Eck Associates Corp33,143$4.40M0.01%+3,224+10.8%Added
Axiom Investors LLC34,272$4.55M0.04%−54,511−61.4%Reduced
Schonfeld Strategic Advisors LLC35,597$4.72M0.03%+24,847+231.1%Added
US Bancorp35,891$4.76M0.01%−4,870−11.9%Reduced
Oppenheimer Asset Management Inc.35,914$4.77M0.06%−515−1.4%Reduced
California State Teachers Retirement System36,157$4.80M0.01%+1,429+4.1%Added
UBS Group AG36,816$4.89M0.00%−1,618−4.2%Reduced
Moody Aldrich Partners LLC36,862$4.89M1.02%−1,177−3.1%Reduced
Edgestream Partners, L.P.37,124$4.93M0.17%−418−1.1%Reduced
Teacher Retirement System of Texas37,489$4.98M0.02%−3,388−8.3%Reduced
Renaissance Group LLC37,804$5.02M0.22%+17,379+85.1%Added
Lazard Asset Management LLC38,137$5.06M0.01%+34,062+835.9%Added
FIL Ltd40,542$5.38M0.01%+40,542New
Citadel Advisors LLC41,301$5.48M0.01%+11,959+40.8%Added
Jane Street Group, LLC41,553$5.52M0.01%+35,832+626.3%Added
Holocene Advisors, LP41,914$5.56M0.02%+18,747+80.9%Added
Voya Investment Management LLC43,952$5.83M0.01%−103,377−70.2%Reduced
Natixis Advisors, L.P.44,485$5.90M0.01%−8,599−16.2%Reduced
Advantage Alpha Capital Partners LP45,649$6.06M1.48%+45,649New
Scalar Gauge Management, LLC46,056$6.11M3.74%+46,056New
Susquehanna International Group, LLP46,828$6.22M0.01%+28,987+162.5%Added
Herald Investment Management Ltd47,500$6.30M1.18%−2,500−5.0%Reduced
Select Equity Group, L.P.47,985$6.37M0.03%+40,135+511.3%Added
LPL Financial LLC50,015$6.49M0.00%+3,454+7.4%Added
Jump Financial, LLC49,221$6.53M0.10%+30,174+158.4%Added
Palisades Investment Partners, LLC50,353$6.68M3.35%+805+1.6%Added
Barclays PLC51,494$6.83M0.00%−17,698−25.6%Reduced
Assenagon Asset Management S.A.52,124$6.92M0.01%−134,220−72.0%Reduced
Man Group plc52,657$6.99M0.02%+15,815+42.9%Added
Nicholas Company, Inc.53,216$7.06M0.12%+5,312+11.1%Added
Oberweis Asset Management Inc54,800$7.27M0.36%+8,200+17.6%Added
TownSquare Capital, LLC55,147$7.32M0.08%−2,662−4.6%Reduced
Russell Investments Group, Ltd.56,822$7.54M0.01%+8,590+17.8%Added
Prudential Financial Inc56,858$7.55M0.01%−944−1.6%Reduced
Hantz Financial Services, Inc.57,606$7.65M0.13%−5,724−9.0%Reduced
Citigroup Inc60,513$8.03M0.01%+907+1.5%Added
BNP Paribas Arbitrage, SA68,110$9.04M0.01%+46,583+216.4%Added
Raymond James Financial Inc69,728$9.25M0.00%−79,417−53.2%Reduced
Public Employees Retirement Association of Colorado69,833$9.27M0.04%−26,700−27.7%Reduced
Great West Life Assurance Co72,114$9.57M0.02%+31,921+79.4%Added
Swiss National Bank72,900$9.68M0.01%00.0%Unchanged
Grandeur Peak Global Advisors, LLC75,975$10.1M1.12%+26,117+52.4%Added
Alliancebernstein L.P.76,920$10.2M0.00%−563,054−88.0%Reduced
M&G Plc78,876$10.5M0.05%+78,876New
APG Asset Management N.V.86,002$10.6M0.03%−3,366−3.8%Reduced
Wells Fargo & Company82,284$10.9M0.00%−16,751−16.9%Reduced
Janus Henderson Group PLC85,163$11.4M0.01%+7,802+10.1%Added
Qube Research & Technologies Ltd88,416$11.7M0.02%+30,680+53.1%Added
Loomis Sayles & Co L P94,789$12.6M0.02%−2,167−2.2%Reduced
Mirae Asset Global ETFs Holdings Ltd.96,999$12.9M0.03%+1,359+1.4%Added
Silvercrest Asset Management Group LLC99,377$13.2M0.09%+99,377New
WCM Investment Management, LLC100,369$13.4M0.03%−427−0.4%Reduced
Glenmede Trust Co NA103,092$13.7M0.07%−3,215−3.0%Reduced
Rhumbline Advisers104,487$13.9M0.01%+757+0.7%Added
EULAV Asset Management104,500$13.9M0.34%00.0%Unchanged
Deutsche Bank AG106,401$14.1M0.01%+33,239+45.4%Added
Federated Hermes, Inc.106,983$14.2M0.03%−50,522−32.1%Reduced
Stephens Investment Management Group LLC108,155$14.4M0.21%−11,282−9.4%Reduced
Arrowstreet Capital, Limited Partnership113,502$15.1M0.01%+18,226+19.1%Added
UBS Asset Management Americas Inc113,695$15.1M0.00%−3,798−3.2%Reduced
Allspring Global Investments Holdings, LLC113,773$15.3M0.03%−14,392−11.2%Reduced
New York State Common Retirement Fund116,361$15.4M0.02%+54,077+86.8%Added
Public Sector Pension Investment Board120,347$16.0M0.07%+26,775+28.6%Added
Comerica Bank120,783$16.0M0.07%+8,799+7.9%Added
SEI Investments Co123,624$16.4M0.02%+2,546+2.1%Added
Fenimore Asset Management Inc123,915$16.4M0.35%+38,463+45.0%Added
Congress Wealth Management LLC126,207$16.8M0.20%−11,766−8.5%Reduced
Fort Washington Investment Advisors Inc129,773$17.2M0.11%+20,300+18.5%Added