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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, Q2 2025

Institutional positions in SPS Commerce Inc as of Jun 30, 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
452
+9 vs. Q1 2025
Shares held
38.2M
+689.9K (+1.8%) vs. Q1 2025
Total value
$5.19B
+$212.4M (+4.3%) vs. Q1 2025
New holders
58
182 more added
Sold out
49
152 more reduced

5 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: 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 holdersQ2 2025: 452 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 heldQ2 2025: $5.19B
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, Q2 2025

Shares, value and share of portfolio for each institution holding SPS Commerce Inc; share changes are against Q1 2025.

Institutions holding SPSC in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.5,763,681$784.4M0.02%−93,046−1.6%Reduced
Vanguard Group Inc4,695,098$639.0M0.01%+94,079+2.0%Added
State Street Corp1,465,823$199.5M0.01%−6,854−0.5%Reduced
Nordea Investment Management AB1,330,237$177.6M0.16%+1,110,476+505.3%Added
Conestoga Capital Advisors, LLC1,250,742$170.2M2.52%−9,440−0.7%Reduced
FMR LLC1,234,163$168.0M0.01%+67,741+5.8%Added
Neuberger Berman Group LLC1,113,461$151.5M0.12%−469,122−29.6%Reduced
Geode Capital Management, LLC975,890$132.8M0.01%+12,046+1.2%Added
Morgan Stanley936,160$127.4M0.01%+105,660+12.7%Added
Kayne Anderson Rudnick Investment Management LLC835,215$113.7M0.27%−52,400−5.9%Reduced
Macquarie Group Ltd638,615$86.9M0.11%+15,601+2.5%Added
Geneva Capital Management LLC619,031$84.2M1.41%+43,330+7.5%Added
JPMorgan Chase & Co522,880$71.2M0.00%−10,718−2.0%Reduced
Riverbridge Partners LLC518,420$70.6M1.14%−74,284−12.5%Reduced
Charles Schwab Investment Management Inc505,308$68.8M0.01%+21,654+4.5%Added
Northern Trust Corp501,722$68.3M0.01%−11,648−2.3%Reduced
Fred Alger Management, LLC487,176$66.1M0.30%+91,286+23.1%Added
Dimensional Fund Advisors LP454,100$61.8M0.01%+6,240+1.4%Added
Bank of America Corp425,573$57.9M0.00%+54,192+14.6%Added
Disciplined Growth Investors Inc425,126$57.9M1.11%+277,499+188.0%Added
Norges Bank422,812$57.5M0.01%−63,172−13.0%Reduced
Ameriprise Financial Inc386,380$52.6M0.01%−1,900−0.5%Reduced
Granahan Investment Management Inc372,431$50.7M2.06%−31,237−7.7%Reduced
Bank of New York Mellon Corp350,851$47.7M0.01%+19,419+5.9%Added
Nuveen, LLC264,336$36.0M0.01%−18,536−6.6%Reduced
Royal Bank of Canada263,227$35.8M0.01%+4,832+1.9%Added
Brown Capital Management LLC261,295$35.6M1.03%−5,507−2.1%Reduced
American Capital Management Inc232,467$31.6M1.31%−30,970−11.8%Reduced
Fiera Capital Corp230,002$31.3M0.11%−5,898−2.5%Reduced
Price T Rowe Associates Inc215,024$29.3M0.00%−53,767−20.0%Reduced
Capital World Investors214,469$29.2M0.00%+214,469New
Fisher Asset Management, LLC212,175$28.9M0.01%−37,323−15.0%Reduced
Principal Financial Group Inc206,652$28.1M0.01%+6,943+3.5%Added
Silvercrest Asset Management Group LLC195,501$26.6M0.18%+96,124+96.7%Added
Squarepoint Ops LLC194,167$26.4M0.06%−31,422−13.9%Reduced
Wellington Management Group LLP185,801$25.3M0.00%−61,851−25.0%Reduced
BNP PARIBAS ASSET MANAGEMENT Holding S.A.181,986$24.8M0.06%−22,180−10.9%Reduced
Goldman Sachs Group Inc180,796$24.6M0.00%−9,122−4.8%Reduced
Franklin Resources Inc180,154$24.5M0.01%−178,922−49.8%Reduced
Envestnet Asset Management Inc175,800$23.9M0.01%−29,240−14.3%Reduced
Local Pensions Partnership Investment Ltd175,500$23.9M0.44%00.0%Unchanged
Thematics Asset Management175,190$23.8M1.07%00.0%Unchanged
DF Dent & Co Inc163,518$22.3M0.28%+134+0.1%Added
UBS Asset Management Americas Inc160,441$21.8M0.00%+46,746+41.1%Added
Congress Asset Management Co154,129$21.0M0.14%−542,668−77.9%Reduced
APG Asset Management N.V.177,476$20.6M0.06%+91,474+106.4%Added
Walleye Capital LLC148,800$20.3M0.19%+148,800New
California Public Employees Retirement System146,501$19.9M0.01%−17,497−10.7%Reduced
Summit Creek Advisors LLC146,342$19.9M2.77%+5,514+3.9%Added
D. E. Shaw & Co., Inc.137,521$18.7M0.02%−69,563−33.6%Reduced
Legal & General Group Plc134,338$18.3M0.00%+665+0.5%Added
Fort Washington Investment Advisors Inc129,932$17.7M0.10%+159+0.1%Added
Public Sector Pension Investment Board129,429$17.6M0.08%+9,082+7.5%Added
Fenimore Asset Management Inc123,852$16.9M0.34%−63−0.1%Reduced
Millennium Management LLC122,144$16.6M0.01%+96,771+381.4%Added
Jane Street Group, LLC122,054$16.6M0.03%+80,501+193.7%Added
SEI Investments Co121,063$16.5M0.02%−2,561−2.1%Reduced
Comerica Bank120,986$16.5M0.06%+203+0.2%Added
Voloridge Investment Management, LLC120,693$16.4M0.06%−117,577−49.3%Reduced
Invesco Ltd.120,278$16.4M0.00%−10,270−7.9%Reduced
New York State Common Retirement Fund116,361$15.8M0.02%00.0%Unchanged
Arrowstreet Capital, Limited Partnership112,329$15.3M0.01%−1,173−1.0%Reduced
Mirae Asset Global ETFs Holdings Ltd.109,757$14.9M0.03%+12,758+13.2%Added
Barclays PLC108,595$14.8M0.01%+57,101+110.9%Added
Stephens Investment Management Group LLC108,229$14.7M0.19%+74+0.1%Added
Rhumbline Advisers107,500$14.6M0.01%+3,013+2.9%Added
Federated Hermes, Inc.106,875$14.5M0.03%−108−0.1%Reduced
Wells Fargo & Company106,173$14.4M0.00%+23,889+29.0%Added
Qube Research & Technologies Ltd104,928$14.3M0.02%+16,512+18.7%Added
EULAV Asset Management104,500$14.2M0.33%00.0%Unchanged
Allspring Global Investments Holdings, LLC98,152$13.6M0.02%−15,621−13.7%Reduced
Glenmede Investment Management, LP100,127$13.6M0.07%+100,127New
BNP Paribas Arbitrage, SA96,522$13.1M0.01%+28,412+41.7%Added
Grandeur Peak Global Advisors, LLC88,911$12.1M1.46%+12,936+17.0%Added
Deutsche Bank AG86,693$11.8M0.00%−19,708−18.5%Reduced
Alliancebernstein L.P.81,775$11.1M0.00%+4,855+6.3%Added
Loomis Sayles & Co L P80,464$11.0M0.01%−14,325−15.1%Reduced
M&G Plc78,881$10.7M0.06%+50.0%Added
Janus Henderson Group PLC73,279$9.98M0.00%−11,884−14.0%Reduced
Swiss National Bank72,600$9.88M0.01%−300−0.4%Reduced
Raymond James Financial Inc71,502$9.73M0.00%+1,774+2.5%Added
Assenagon Asset Management S.A.70,544$9.60M0.02%+18,420+35.3%Added
Great West Life Assurance Co70,421$9.59M0.02%−1,693−2.3%Reduced
Public Employees Retirement Association of Colorado69,833$9.50M0.04%00.0%Unchanged
Edgestream Partners, L.P.66,730$9.08M0.25%+29,606+79.7%Added
Jump Financial, LLC65,484$8.91M0.11%+16,263+33.0%Added
Russell Investments Group, Ltd.62,219$8.47M0.01%+5,397+9.5%Added
Prudential Financial Inc59,086$8.04M0.01%+2,228+3.9%Added
Lazard Asset Management LLC58,280$7.93M0.01%+20,143+52.8%Added
Select Equity Group, L.P.55,318$7.53M0.03%+7,333+15.3%Added
Nicholas Company, Inc.54,948$7.48M0.13%+1,732+3.3%Added
Susquehanna International Group, LLP54,312$7.39M0.01%+7,484+16.0%Added
LPL Financial LLC54,230$7.38M0.00%+4,215+8.4%Added
FIL Ltd53,646$7.30M0.01%+13,104+32.3%Added
Man Group plc52,719$7.17M0.02%+62+0.1%Added
UBS Group AG50,639$6.89M0.00%+13,823+37.5%Added
Renaissance Group LLC49,454$6.73M0.26%+11,650+30.8%Added
Palisades Investment Partners, LLC48,913$6.66M2.91%−1,440−2.9%Reduced
Congress Wealth Management LLC48,828$6.65M0.06%−77,379−61.3%Reduced
Herald Investment Management Ltd47,500$6.46M0.96%00.0%Unchanged