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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.

Q4 2025 vs. Q3 2025

How the institutions holding SPS Commerce Inc changed between Q3 2025 and Q4 2025.

All holders in Q4 2025All holders in Q3 2025

13F holders of SPSC: Q3 2025 compared with Q4 2025
MeasureQ3 2025Of which not filed for Q4 2025Q4 2025Change
Holders4036367−30
Shares38.7M348.8K38.3M−8.31K (0.0%)
Value$4.04B$36.3M$3.42B−$588.1M (−14.7%)

6 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so the changes leave them out.

New holders (64)

Institutions that held SPS Commerce Inc at the end of Q4 2025 but not at the end of Q3 2025.

Institutions new to SPSC in Q4 2025
InstitutionSharesValue% of portfolio
Norges Bank559,669$49.9M0.01%
Nomura Asset Management International Inc.546,640$48.7M0.07%
Irenic Capital Management LP452,066$40.3M5.28%
Nomura Holdings Inc303,914$27.1M0.08%
Citadel Advisors LLC263,042$23.4M0.02%
Glenmede Trust Co NA128,676$11.5M0.05%
Lightrock Netherlands B.V.82,898$7.39M1.56%
EVR Research LP40,000$3.57M1.92%
Agf Management Ltd38,346$3.42M0.01%
Westerly Capital Management, LLC30,000$2.67M0.80%
VELA Investment Management, LLC19,577$1.74M0.47%
Quadrature Capital Ltd17,489$1.56M0.02%
Alberta Investment Management Corp12,900$1.15M0.01%
ExodusPoint Capital Management, LP12,373$1.10M0.01%
HSBC Holdings PLC12,324$1.10M0.00%
QSV Equity Investors LLC10,300$918.0K1.36%
PensionDanmark Pensionsforsikringsaktieselskab10,000$891.3K0.01%
Laurion Capital Management LP8,678$773.5K0.05%
Virginia Retirement Systems Et Al6,800$606.1K0.00%
Bank of Nova Scotia5,056$450.6K0.00%
Callan Family Office, LLC3,915$348.9K0.01%
Wealth Enhancement Advisory Services, LLC3,538$323.6K0.00%
Skopos Labs, Inc.3,210$294.6K0.01%
Centiva Capital, LP2,897$258.2K0.02%
Profund Advisors LLC2,864$255.3K0.01%
Prelude Capital Management, LLC2,847$253.8K0.02%
Argos Wealth Advisors, LLC2,773$247.2K0.07%
Unified Investment Management2,640$235.3K0.24%
CIBC World Markets Corp2,521$224.7K0.00%
EP Wealth Advisors, LLC2,356$210.0K0.00%
Journey Strategic Wealth LLC2,263$201.7K0.01%
Eurizon Capital SGR S.p.A.1,874$168.1K0.00%
Leonteq Securities AG589$52.5K0.00%
Pinnacle Wealth Planning Services, Inc.511$45.5K0.00%
Clear Street Markets LLC500$44.6K0.01%
Vega Investment Solutions264$23.5K0.00%
Los Angeles Capital Management LLC157$16.3K0.00%
Rothschild Investment LLC95$8.47K0.00%
SageView Advisory Group, LLC91$8.11K0.00%
Meramec Financial Planners, LLC66$5.25K0.00%
International Assets Investment Management, LLC54$4.81K0.00%
Torren Management, LLC46$4.10K0.00%
Strengthening Families & Communities, LLC38$3.39K0.00%
Brown Brothers Harriman & Co37$3.30K0.00%
CBIZ Investment Advisory Services, LLC36$3.21K0.00%
Tucker Asset Management LLC18$1.60K0.00%
UMA Financial Services, Inc.15$1.34K0.00%
Crewe Advisors LLC13$1.16K0.00%
Godfrey Financial Associates, Inc.11$9800.00%
TD Private Client Wealth LLC8$7130.00%
Keating Financial Advisory Services, Inc.7$6240.00%
Ares Financial Consulting, LLC7$6240.00%
Bayforest Capital Ltd6$5350.00%
Ankerstar Wealth, LLC6$5350.00%
Neo Ivy Capital Management6$5340.00%
Flagship Harbor Advisors, LLC4$3570.00%
SJS Investment Consulting Inc.3$2680.00%
Activest Wealth Management2$1780.00%
Elyxium Wealth, LLC2$1780.00%
Basecamp Wealth Advisors LLC2$1780.00%
JFS Wealth Advisors, LLC1$900.00%
Gilpin Wealth Management, LLC1$900.00%
Larson Financial Group LLC1$890.00%
Dunhill Financial, LLC1$880.00%

Sold out (94)

Institutions that held SPS Commerce Inc at the end of Q3 2025 and filed for Q4 2025 without it.

Institutions that sold out of SPSC in Q4 2025
InstitutionShares, Q3 2025Value, Q3 2025
Macquarie Group Ltd600,975$62.6M
Kayne Anderson Rudnick Investment Management LLC555,644$57.9M
Champlain Investment Partners, LLC352,748$36.7M
RGM Capital, LLC219,085$22.8M
Capital World Investors214,469$22.3M
Tran Capital Management, L.P.147,591$15.4M
Stephens Investment Management Group LLC106,967$11.1M
WCM Investment Management, LLC94,296$9.91M
APG Asset Management N.V.69,011$6.12M
EULAV Asset Management57,600$6.00M
Sone Capital Management, LLC40,880$4.26M
Fisher Asset Management, LLC40,100$4.18M
Balyasny Asset Management LLC39,777$4.14M
Advantage Alpha Capital Partners LP38,359$3.99M
Engineers Gate Manager LP36,112$3.76M
Moody Aldrich Partners LLC30,418$3.17M
Van Eck Associates Corp29,235$3.04M
Moody National Bank Trust Division25,535$2.66M
Two Sigma Advisers, LP21,876$2.28M
Campbell & CO Investment Adviser LLC20,351$2.12M
Squarepoint Ops LLC17,323$1.80M
Zacks Investment Management16,378$1.71M
Dark Forest Capital Management LP16,120$1.68M
Natixis Advisors, L.P.15,937$1.66M
Summit Wealth Group LLC9,579$1.63M
F/M Investments LLC15,123$1.57M
Torray LLC13,156$1.37M
First Financial Bankshares Inc11,000$1.15M
Stratos Wealth Partners, LTD.9,904$1.03M
Daiwa Securities Group Inc.9,003$938.0K
La Banque Postale Asset Management SA8,858$922.5K
Schonfeld Strategic Advisors LLC7,926$825.4K
Entropy Technologies, LP7,705$802.4K
First Trust Advisors LP7,603$791.8K
Level Four Advisory Services, LLC6,903$718.9K
Capstone Investment Advisors, LLC6,529$679.9K
M&T Bank Corp5,598$582.7K
Nicollet Investment Management, Inc.5,428$565.0K
Bridgefront Capital, LLC4,989$519.6K
Teacher Retirement System of Texas4,977$518.3K
Graham Capital Management, L.P.4,805$500.4K
Boothbay Fund Management, LLC4,617$480.8K
Moneta Group Investment Advisors LLC4,111$428.1K
Diversified Trust Co4,019$418.5K
Park Avenue Securities LLC3,788$395.0K
CI Private Wealth, LLC3,720$387.4K
Semanteon Capital Management, LP3,552$369.9K
Wiley Bros.-Aintree Capital, LLC3,518$366.4K
Premier Fund Managers Ltd3,452$363.0K
Aquatic Capital Management LLC3,464$360.7K
Henshaw Capital LLC3,421$356.3K
Equitable Trust Co3,383$352.3K
Michael B. Yongue3,243$337.7K
Freestone Grove Partners LP3,178$331.0K
Benjamin Edwards Inc3,087$321.4K
Pitcairn Co2,715$282.7K
DC Investments Management, LLC2,675$278.6K
NorthRock Partners, LLC2,463$256.5K
Shaker Investments LLC2,432$253.3K
Intrust Bank NA2,409$250.9K
O'Shaughnessy Asset Management, LLC2,309$240.5K
King Luther Capital Management Corp2,249$234.2K
Hardy Reed LLC2,200$229.1K
HighTower Advisors, LLC2,178$226.8K
Farringdon Capital, Ltd.2,156$224.5K
Wedbush Securities Inc2,130$222.0K
Janney Montgomery Scott LLC2,100$219.0K
Mitsubishi UFJ Asset Management (UK) Ltd.2,000$208.0K
Principal Securities, Inc.1,494$155.6K
Harbor Investment Advisory, LLC831$86.5K
Johnson Financial Group, Inc.543$56.5K
Advisory Services Network, LLC312$32.5K
Ronald Blue Trust, Inc.240$25.0K
Caitlin John, LLC154$16.0K
Ci Investments Inc.133$14.0K
Clearstead Advisors, LLC122$12.7K
Quarry LP113$11.8K
Westside Investment Management, Inc.110$11.4K
Rise Advisors, LLC81$8.44K
Wealthspire Advisors, LLC72$7.52K
Golden State Wealth Management, LLC67$6.98K
Optiver Holding B.V.42$4.37K
Wolff Wiese Magana LLC41$4.27K
Washington Trust Advisors, Inc.41$4.27K
Atlantic Trust, LLC21$2.19K
Mather Group, LLC.16$1.67K
LRI Investments, LLC16$1.66K
Bellevue Asset Management, LLC15$1.56K
Crowley Wealth Management, Inc.10$1.04K
Capital Advisors, Ltd. LLC6$1.00K
Westfuller Advisors, LLC8$783
Globeflex Capital L P7$729
Montag A & Associates Inc6$625
Root Financial Partners, LLC1$104

Not filed for Q4 2025 yet (6)

Institutions that held SPS Commerce Inc at the end of Q3 2025 and haven't filed a 13F for Q4 2025. Not filing isn't selling, so they aren't counted as sold out.

Institutions holding SPSC in Q3 2025 that haven't filed for Q4 2025
InstitutionShares, Q3 2025Value, Q3 2025
Thematics Asset Management196,914$20.5M
Glenmede Investment Management, LP93,939$9.78M
EFG Asset Management (North America) Corp.31,490$3.28M
Synovus Financial Corp21,802$2.27M
CIBC Bancorp USA Inc.4,063$423.1K
Amica Retiree Medical Trust551$57.0K