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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
Allianz Asset Management GmbH4,489$610.9K0.00%+4,489New
The PNC Financial Services Group, Inc.4,536$617.3K0.00%−839−15.6%Reduced
Inspire Advisors, LLC4,646$632.3K0.07%+919+24.7%Added
Henshaw Capital LLC4,660$634.2K0.03%00.0%Unchanged
CIBC World Markets Corp4,696$639.1K0.00%−3,668−43.9%Reduced
HighTower Advisors, LLC4,724$642.9K0.00%−1,853−28.2%Reduced
Intrust Bank NA4,823$656.4K0.06%+1,082+28.9%Added
Mutual of America Capital Management LLC4,879$664.0K0.01%−647−11.7%Reduced
Bokf, NA5,090$692.7K0.01%−621−10.9%Reduced
Voleon Capital Management LP5,148$700.6K0.04%−1,354−20.8%Reduced
Arkadios Wealth Advisors5,206$708.5K0.02%+244+4.9%Added
Semanteon Capital Management, LP5,251$714.6K1.08%+5,251New
NewEdge Wealth, LLC6,733$733.5K0.01%+6,733New
Advisor Group Holdings, Inc.5,439$740.4K0.00%−226−4.0%Reduced
Nicollet Investment Management, Inc.5,549$755.0K0.25%−194−3.4%Reduced
Gotham Asset Management, LLC5,564$757.2K0.00%−1,391−20.0%Reduced
South Dakota Investment Council5,700$776.0K0.01%00.0%Unchanged
Portside Wealth Group, LLC5,921$805.8K0.12%−528−8.2%Reduced
Victory Capital Management Inc5,964$811.6K0.00%−5,612−48.5%Reduced
Norinchukin Bank, The6,010$817.9K0.01%−1,540−20.4%Reduced
Diversify Wealth Management, LLC7,811$847.4K0.05%+1,310+20.2%Added
Tower Research Capital LLC (TRC)6,271$853.4K0.02%+5,502+715.5%Added
Level Four Advisory Services, LLC6,283$855.1K0.03%+605+10.7%Added
Virtu Financial LLC6,352$864.0K0.04%+6,352New
Pictet Asset Management Holding SA6,431$872.5K0.00%+199+3.2%Added
Amundi6,287$879.8K0.00%−9,460−60.1%Reduced
M&T Bank Corp6,589$896.4K0.00%+1,662+33.7%Added
Quest Partners LLC6,628$902.0K0.09%+159+2.5%Added
Vontobel Holding Ltd.6,745$917.9K0.00%−625−8.5%Reduced
Cubist Systematic Strategies, LLC6,950$945.9K0.01%+6,950New
Mercer Global Advisors Inc7,190$978.5K0.00%−39−0.5%Reduced
Integrated Quantitative Investments LLC7,200$979.8K0.29%00.0%Unchanged
Amica Mutual Insurance Co7,224$983.0K0.09%+1,207+20.1%Added
Laurus Investment Counsel Inc.7,340$998.9K0.65%00.0%Unchanged
Avantax Advisory Services, Inc.7,672$1.04M0.01%+229+3.1%Added
Legato Capital Management LLC7,721$1.05M0.13%00.0%Unchanged
KLP Kapitalforvaltning AS7,900$1.08M0.00%+200+2.6%Added
XTX Topco Ltd7,904$1.08M0.04%−10,620−57.3%Reduced
Accredited Investors Inc.7,909$1.08M0.06%−12−0.2%Reduced
Centiva Capital, LP8,104$1.10M0.07%+4,600+131.3%Added
Magnetar Financial LLC8,110$1.10M0.01%+2,739+51.0%Added
La Banque Postale Asset Management SA8,162$1.11M0.02%−7,586−48.2%Reduced
Alliance Wealth Advisors, LLC8,163$1.11M0.27%−1,106−11.9%Reduced
Blair William & Co8,273$1.13M0.00%+206+2.6%Added
Trust Point Inc.8,374$1.14M0.11%−1,495−15.1%Reduced
ProShare Advisors LLC8,505$1.16M0.00%−377−4.2%Reduced
Brevan Howard Capital Management LP8,579$1.17M0.01%+8,579New
B. Metzler seel. Sohn & Co. AG8,584$1.17M0.01%−11,410−57.1%Reduced
Norden Group LLC8,626$1.17M0.13%−2,189−20.2%Reduced
Police & Firemen's Retirement System of New Jersey8,695$1.18M0.01%+647+8.0%Added
Oregon Public Employees Retirement Fund8,703$1.18M0.02%00.0%Unchanged
Atria Investments LLC9,050$1.23M0.01%+270+3.1%Added
State Board of Administration of Florida Retirement System9,109$1.24M0.00%00.0%Unchanged
Dark Forest Capital Management LP9,245$1.26M0.05%+2,993+47.9%Added
Buckhead Capital Management LLC9,343$1.27M0.49%+9,343New
Numerai GP LLC9,413$1.28M0.18%−19,236−67.1%Reduced
Azzad Asset Management Inc9,544$1.30M0.14%−520−5.2%Reduced
Linden Thomas Advisory Services, LLC9,553$1.30M0.14%−15−0.2%Reduced
JustInvest LLC9,550$1.30M0.01%+2,890+43.4%Added
Commonwealth of Pennsylvania Public School Empls Retrmt Sys9,750$1.33M0.01%+669+7.4%Added
Sovereign's Capital Management, LLC9,893$1.35M0.72%+1,600+19.3%Added
Handelsbanken Fonder AB9,900$1.35M0.00%−1,200−10.8%Reduced
MML Investors Services, LLC9,940$1.35M0.00%−706−6.6%Reduced
Renaissance Technologies LLC10,060$1.37M0.00%−7,000−41.0%Reduced
First Trust Advisors LP10,132$1.38M0.00%+4,602+83.2%Added
Jain Global LLC10,233$1.39M0.02%+8,499+490.1%Added
Zurcher Kantonalbank (Zurich Cantonalbank)10,413$1.42M0.00%+356+3.5%Added
Cetera Investment Advisers10,441$1.42M0.00%+477+4.8%Added
Martingale Asset Management L P10,526$1.43M0.04%00.0%Unchanged
Teachers Retirement System of the State of Kentucky10,716$1.46M0.01%−712−6.2%Reduced
Truist Financial Corp10,715$1.46M0.00%+175+1.7%Added
Torray LLC10,764$1.46M0.21%−19−0.2%Reduced
Dana Investment Advisors, Inc.10,789$1.47M0.05%−430−3.8%Reduced
Amalgamated Bank10,809$1.47M0.01%−20.0%Reduced
Van Hulzen Asset Management, LLC10,858$1.48M0.12%−499−4.4%Reduced
Sterling Capital Management LLC10,866$1.48M0.02%+5,045+86.7%Added
Prescott Group Capital Management, L.L.C.11,000$1.50M0.18%00.0%Unchanged
Quantinno Capital Management LP11,078$1.51M0.01%+7,410+202.0%Added
Arizona State Retirement System11,086$1.51M0.01%+331+3.1%Added
Captrust Financial Advisors11,127$1.51M0.00%+1,122+11.2%Added
Maryland State Retirement & Pension System11,161$1.52M0.03%+103+0.9%Added
Ironwood Investment Management LLC11,628$1.58M0.77%−408−3.4%Reduced
Marks Group Wealth Management, Inc11,830$1.61M0.15%00.0%Unchanged
Kennedy Capital Management, Inc.12,699$1.73M0.04%−706−5.3%Reduced
E. Ohman J:or Asset Management AB12,810$1.74M0.04%00.0%Unchanged
New York State Teachers Retirement System12,828$1.75M0.00%+100+0.8%Added
State of New Jersey Common Pension Fund D12,930$1.76M0.01%−1,083−7.7%Reduced
Daiwa Securities Group Inc.13,763$1.87M0.01%−150−1.1%Reduced
Whittier Trust Co of Nevada Inc14,135$1.92M0.04%+425+3.1%Added
McMorgan & Co LLC14,201$1.93M0.28%+3,857+37.3%Added
Yousif Capital Management, LLC14,229$1.94M0.02%+158+1.1%Added
Verition Fund Management LLC14,243$1.94M0.01%+2,874+25.3%Added
Ensign Peak Advisors, Inc14,325$1.95M0.00%−650−4.3%Reduced
Caxton Associates LLP14,745$2.01M0.05%+14,745New
Public Employees Retirement System of Ohio14,804$2.01M0.01%+8+0.1%Added
F/M Investments LLC15,257$2.08M0.08%+12+0.1%Added
Stratos Wealth Partners, LTD.15,272$2.08M0.03%−845−5.2%Reduced
Capital Fund Management S.A.15,366$2.09M0.02%+15,366New
Zacks Investment Management15,669$2.13M0.02%−295−1.8%Reduced
Marshall Wace, LLP15,754$2.14M0.00%+5,477+53.3%Added