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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, Q4 2025

Institutional positions in SPS Commerce Inc as of Dec 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
367
−30 vs. Q3 2025
Shares held
38.3M
−8.31K (0.0%) vs. Q3 2025
Total value
$3.42B
−$588.1M (−14.7%) vs. Q3 2025
New holders
64
122 more added
Sold out
94
146 more reduced

6 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2025: 367 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 heldQ4 2025: $3.42B
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, Q4 2025

Shares, value and share of portfolio for each institution holding SPS Commerce Inc; share changes are against Q3 2025.

Institutions holding SPSC in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Dunhill Financial, LLC1$880.00%+1New
Larson Financial Group LLC1$890.00%+1New
True Wealth Design, LLC1$900.00%−11−91.7%Reduced
JFS Wealth Advisors, LLC1$900.00%+1New
Gilpin Wealth Management, LLC1$900.00%+1New
Cullen/Frost Bankers, Inc.1$910.00%−123−99.2%Reduced
Activest Wealth Management2$1780.00%+2New
Elyxium Wealth, LLC2$1780.00%+2New
Basecamp Wealth Advisors LLC2$1780.00%+2New
Abound Wealth Management2$1790.00%00.0%Unchanged
SJS Investment Consulting Inc.3$2680.00%+3New
Flagship Harbor Advisors, LLC4$3570.00%+4New
Neo Ivy Capital Management6$5340.00%+6New
Kilter Group LLC6$5350.00%−3−33.3%Reduced
Bayforest Capital Ltd6$5350.00%+6New
Ankerstar Wealth, LLC6$5350.00%+6New
Keating Financial Advisory Services, Inc.7$6240.00%+7New
Ares Financial Consulting, LLC7$6240.00%+7New
TD Private Client Wealth LLC8$7130.00%+8New
J.Safra Asset Management Corp10$8910.00%00.0%Unchanged
Godfrey Financial Associates, Inc.11$9800.00%+11New
Transamerica Financial Advisors, Inc.12$1.07K0.00%−61−83.6%Reduced
Wealth Watch Advisors, INC13$1.16K0.00%00.0%Unchanged
Crewe Advisors LLC13$1.16K0.00%+13New
Bogart Wealth, LLC14$1.25K0.00%−25−64.1%Reduced
UMA Financial Services, Inc.15$1.34K0.00%+15New
Country Trust Bank16$1.43K0.00%00.0%Unchanged
Tucker Asset Management LLC18$1.60K0.00%+18New
Rossby Financial, LCC19$1.69K0.00%+16+533.3%Added
Spire Wealth Management24$2.14K0.00%−49−67.1%Reduced
Farmers & Merchants Investments Inc24$2.14K0.00%00.0%Unchanged
Financial Perspectives, Inc25$2.23K0.00%00.0%Unchanged
MV Capital Management, Inc.30$2.67K0.00%+14+87.5%Added
Bare Financial Services, Inc33$2.94K0.00%−22−40.0%Reduced
Ancora Advisors, LLC35$3.12K0.00%00.0%Unchanged
Financial Network Wealth Advisors LLC36$3.21K0.00%00.0%Unchanged
CBIZ Investment Advisory Services, LLC36$3.21K0.00%+36New
Brown Brothers Harriman & Co37$3.30K0.00%+37New
Strengthening Families & Communities, LLC38$3.39K0.00%+38New
Torren Management, LLC46$4.10K0.00%+46New
Hurley Capital, LLC50$4.46K0.00%00.0%Unchanged
Key Financial Inc53$4.72K0.00%−29−35.4%Reduced
International Assets Investment Management, LLC54$4.81K0.00%+54New
Meramec Financial Planners, LLC66$5.25K0.00%+66New
Simplex Trading, LLC84$7.49K0.00%+73+663.6%Added
Massmutual Trust Co FSB84$7.49K0.00%−115−57.8%Reduced
CX Institutional90$8.00K0.00%00.0%Unchanged
SageView Advisory Group, LLC91$8.11K0.00%+91New
Private Trust Co NA94$8.38K0.00%+66+235.7%Added
Rothschild Investment LLC95$8.47K0.00%+95New
MAI Capital Management99$8.82K0.00%−39−28.3%Reduced
Federation des caisses Desjardins du Quebec100$8.91K0.00%00.0%Unchanged
Assetmark, Inc101$9.00K0.00%+97+2,425.0%Added
IFP Advisors, Inc102$9.09K0.00%+63+161.5%Added
Farther Finance Advisors, LLC106$9.45K0.00%+69+186.5%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.110$9.67K0.00%00.0%Unchanged
Versant Capital Management, Inc119$10.6K0.00%+12+11.2%Added
Private Wealth Management Group, LLC123$11.0K0.00%+110+846.2%Added
GWM Advisors LLC136$12.1K0.00%−40−22.7%Reduced
First Horizon Corp138$12.3K0.00%−55−28.5%Reduced
Maseco LLP140$12.5K0.00%00.0%Unchanged
Bell Investment Advisors, Inc148$13.2K0.00%+90+155.2%Added
Essential Partners LLC157$14.0K0.00%+155+7,750.0%Added
Allworth Financial LP171$15.2K0.00%+100+140.8%Added
SBI Securities Co., Ltd.173$15.4K0.00%−42−19.5%Reduced
Parallel Advisors, LLC177$15.8K0.00%−35−16.5%Reduced
Los Angeles Capital Management LLC157$16.3K0.00%+157New
Smartleaf Asset Management LLC207$18.8K0.00%−90−30.3%Reduced
CVA Family Office, LLC225$20.1K0.00%00.0%Unchanged
Vega Investment Solutions264$23.5K0.00%+264New
Salomon & Ludwin, LLC261$23.6K0.00%−3−1.1%Reduced
NBC Securities, Inc.281$25.0K0.00%+75+36.4%Added
CIBC Private Wealth Group, LLC281$25.0K0.00%−79−21.9%Reduced
Harbour Investments, Inc.290$25.8K0.00%00.0%Unchanged
Umb Bank N A335$29.9K0.00%+139+70.9%Added
SRS Capital Advisors, Inc.354$31.6K0.00%−51−12.6%Reduced
Trust Co of Vermont375$33.4K0.00%00.0%Unchanged
Northwestern Mutual Wealth Management Co419$37.3K0.00%−38−8.3%Reduced
Steward Partners Investment Advisory, LLC444$39.6K0.00%−7−1.6%Reduced
Global Retirement Partners, LLC446$39.8K0.00%+426+2,130.0%Added
Pilgrim Partners Asia Pte Ltd460$41.0K0.02%00.0%Unchanged
Huntington National Bank475$42.3K0.00%−152−24.2%Reduced
Danske Bank A/S500$44.6K0.00%00.0%Unchanged
Clear Street Markets LLC500$44.6K0.01%+500New
Pinnacle Wealth Planning Services, Inc.511$45.5K0.00%+511New
Park Place Capital Corp564$50.3K0.01%+129+29.7%Added
Nisa Investment Advisors, LLC587$52.3K0.00%−676−53.5%Reduced
Leonteq Securities AG589$52.5K0.00%+589New
JNBA Financial Advisors600$53.5K0.00%00.0%Unchanged
Hilltop National Bank657$58.6K0.01%−290−30.6%Reduced
AdvisorNet Financial, Inc707$63.0K0.00%+34+5.1%Added
Jones Financial Companies LLLP770$68.6K0.00%−24−3.0%Reduced
Whittier Trust Co756$69.2K0.00%−25,394−97.1%Reduced
GAMMA Investing LLC810$72.2K0.00%+47+6.2%Added
High Note Wealth, LLC725$78.7K0.02%+9+1.3%Added
Pacer Advisors, Inc.909$81.0K0.00%−75−7.6%Reduced
New Age Alpha Advisors, LLC1,032$92.0K0.00%−859−45.4%Reduced
Fifth Third Bancorp1,032$92.0K0.00%−250−19.5%Reduced
KBC Group NV1,051$94.0K0.00%00.0%Unchanged
EverSource Wealth Advisors, LLC1,134$101.1K0.00%+218+23.8%Added