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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
Hillsdale Investment Management Inc.43,600$5.93M0.22%+12,000+38.0%Added
Holocene Advisors, LP43,242$5.88M0.01%+1,328+3.2%Added
Canada Pension Plan Investment Board42,300$5.76M0.00%+25,700+154.8%Added
Teacher Retirement System of Texas41,504$5.65M0.02%+4,015+10.7%Added
Citigroup Inc39,365$5.36M0.00%−21,148−34.9%Reduced
Balyasny Asset Management LLC38,990$5.31M0.01%+8,051+26.0%Added
Advantage Alpha Capital Partners LP38,355$5.22M1.41%−7,294−16.0%Reduced
Voya Investment Management LLC37,028$5.04M0.01%−6,924−15.8%Reduced
Moody Aldrich Partners LLC36,303$4.94M0.96%−559−1.5%Reduced
RGM Capital, LLC36,240$4.93M0.20%+36,240New
AQR Capital Management LLC36,240$4.93M0.00%+22,106+156.4%Added
California State Teachers Retirement System36,157$4.92M0.01%00.0%Unchanged
Campbell & CO Investment Adviser LLC35,030$4.77M0.30%+35,030New
American Century Companies Inc33,162$4.51M0.00%+27,521+487.9%Added
Universal- Beteiligungs- und Servicegesellschaft mbH32,939$4.48M0.01%+4,317+15.1%Added
Axiom Investors LLC32,271$4.39M0.04%−2,001−5.8%Reduced
Natixis Advisors, L.P.29,888$4.07M0.01%−14,597−32.8%Reduced
US Bancorp29,323$3.99M0.01%−6,568−18.3%Reduced
Two Sigma Investments, LP29,000$3.95M0.01%+29,000New
Stanley-Laman Group, Ltd.28,639$3.90M0.58%+4,886+20.6%Added
Thrivent Financial for Lutherans27,925$3.80M0.01%+53+0.2%Added
Van Eck Associates Corp27,829$3.79M0.00%−5,314−16.0%Reduced
Algert Global LLC26,995$3.67M0.08%00.0%Unchanged
Tudor Investment Corp Et Al26,913$3.66M0.03%+10,857+67.6%Added
EFG Asset Management (North America) Corp.26,857$3.66M0.52%+9,780+57.3%Added
Quantbot Technologies LP26,154$3.56M0.09%+14,567+125.7%Added
Whittier Trust Co25,698$3.50M0.04%+393+1.6%Added
Stifel Financial Corp25,545$3.48M0.00%+187+0.7%Added
HSBC Holdings PLC25,480$3.44M0.00%+19,892+356.0%Added
Oppenheimer Asset Management Inc.25,068$3.41M0.04%−10,846−30.2%Reduced
Illinois Municipal Retirement Fund24,435$3.33M0.05%+835+3.5%Added
Bank of Montreal24,403$3.32M0.00%+11,927+95.6%Added
State of Wisconsin Investment Board24,144$3.29M0.01%+2,020+9.1%Added
Intech Investment Management LLC23,969$3.26M0.03%+171+0.7%Added
Cresset Asset Management, LLC23,371$3.18M0.02%−251−1.1%Reduced
Moody National Bank Trust Division22,722$3.09M0.28%−80.0%Reduced
MetLife Investment Management22,712$3.09M0.02%+684+3.1%Added
State of Alaska, Department of Revenue22,603$3.08M0.03%+1,577+7.5%Added
Pathstone Holdings, LLC22,328$3.04M0.01%+1,476+7.1%Added
Manufacturers Life Insurance Company, The20,713$2.82M0.00%−984−4.5%Reduced
Bridge City Capital, LLC20,554$2.80M0.78%−278−1.3%Reduced
Y-Intercept (Hong Kong) Ltd20,034$2.73M0.07%+20,034New
Synovus Financial Corp19,629$2.67M0.03%+373+1.9%Added
Creative Planning18,515$2.52M0.00%+1,755+10.5%Added
Nicholas Investment Partners, LP18,000$2.45M0.22%−789−4.2%Reduced
Susquehanna Portfolio Strategies, LLC17,886$2.43M0.05%+17,886New
Louisiana State Employees Retirement System17,700$2.41M0.04%−200−1.1%Reduced
Zions Bancorporation, National Association17,618$2.40M0.13%+757+4.5%Added
ExodusPoint Capital Management, LP17,373$2.36M0.03%−1,234−6.6%Reduced
State of Tennessee, Treasury Department17,133$2.33M0.01%+758+4.6%Added
Johnson Investment Counsel Inc16,792$2.29M0.02%+3,110+22.7%Added
Citadel Advisors LLC16,662$2.27M0.00%−24,639−59.7%Reduced
Marshall Wace, LLP15,754$2.14M0.00%+5,477+53.3%Added
Zacks Investment Management15,669$2.13M0.02%−295−1.8%Reduced
Capital Fund Management S.A.15,366$2.09M0.02%+15,366New
Stratos Wealth Partners, LTD.15,272$2.08M0.03%−845−5.2%Reduced
F/M Investments LLC15,257$2.08M0.08%+12+0.1%Added
Public Employees Retirement System of Ohio14,804$2.01M0.01%+8+0.1%Added
Caxton Associates LLP14,745$2.01M0.05%+14,745New
Ensign Peak Advisors, Inc14,325$1.95M0.00%−650−4.3%Reduced
Verition Fund Management LLC14,243$1.94M0.01%+2,874+25.3%Added
Yousif Capital Management, LLC14,229$1.94M0.02%+158+1.1%Added
McMorgan & Co LLC14,201$1.93M0.28%+3,857+37.3%Added
Whittier Trust Co of Nevada Inc14,135$1.92M0.04%+425+3.1%Added
Daiwa Securities Group Inc.13,763$1.87M0.01%−150−1.1%Reduced
State of New Jersey Common Pension Fund D12,930$1.76M0.01%−1,083−7.7%Reduced
New York State Teachers Retirement System12,828$1.75M0.00%+100+0.8%Added
E. Ohman J:or Asset Management AB12,810$1.74M0.04%00.0%Unchanged
Kennedy Capital Management, Inc.12,699$1.73M0.04%−706−5.3%Reduced
Marks Group Wealth Management, Inc11,830$1.61M0.15%00.0%Unchanged
Ironwood Investment Management LLC11,628$1.58M0.77%−408−3.4%Reduced
Maryland State Retirement & Pension System11,161$1.52M0.03%+103+0.9%Added
Captrust Financial Advisors11,127$1.51M0.00%+1,122+11.2%Added
Arizona State Retirement System11,086$1.51M0.01%+331+3.1%Added
Quantinno Capital Management LP11,078$1.51M0.01%+7,410+202.0%Added
Prescott Group Capital Management, L.L.C.11,000$1.50M0.18%00.0%Unchanged
Sterling Capital Management LLC10,866$1.48M0.02%+5,045+86.7%Added
Van Hulzen Asset Management, LLC10,858$1.48M0.12%−499−4.4%Reduced
Amalgamated Bank10,809$1.47M0.01%−20.0%Reduced
Dana Investment Advisors, Inc.10,789$1.47M0.05%−430−3.8%Reduced
Torray LLC10,764$1.46M0.21%−19−0.2%Reduced
Truist Financial Corp10,715$1.46M0.00%+175+1.7%Added
Teachers Retirement System of the State of Kentucky10,716$1.46M0.01%−712−6.2%Reduced
Martingale Asset Management L P10,526$1.43M0.04%00.0%Unchanged
Cetera Investment Advisers10,441$1.42M0.00%+477+4.8%Added
Zurcher Kantonalbank (Zurich Cantonalbank)10,413$1.42M0.00%+356+3.5%Added
Jain Global LLC10,233$1.39M0.02%+8,499+490.1%Added
First Trust Advisors LP10,132$1.38M0.00%+4,602+83.2%Added
Renaissance Technologies LLC10,060$1.37M0.00%−7,000−41.0%Reduced
MML Investors Services, LLC9,940$1.35M0.00%−706−6.6%Reduced
Handelsbanken Fonder AB9,900$1.35M0.00%−1,200−10.8%Reduced
Sovereign's Capital Management, LLC9,893$1.35M0.72%+1,600+19.3%Added
Commonwealth of Pennsylvania Public School Empls Retrmt Sys9,750$1.33M0.01%+669+7.4%Added
JustInvest LLC9,550$1.30M0.01%+2,890+43.4%Added
Linden Thomas Advisory Services, LLC9,553$1.30M0.14%−15−0.2%Reduced
Azzad Asset Management Inc9,544$1.30M0.14%−520−5.2%Reduced
Numerai GP LLC9,413$1.28M0.18%−19,236−67.1%Reduced
Buckhead Capital Management LLC9,343$1.27M0.49%+9,343New
Dark Forest Capital Management LP9,245$1.26M0.05%+2,993+47.9%Added
State Board of Administration of Florida Retirement System9,109$1.24M0.00%00.0%Unchanged