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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
Covestor Ltd1,141$102.0K0.05%−34−2.9%Reduced
Advisors Asset Management, Inc.1,145$102.1K0.00%+359+45.7%Added
Hantz Financial Services, Inc.1,361$121.0K0.00%−143−9.5%Reduced
Quadrant Capital Group LLC1,507$134.3K0.00%−1,405−48.2%Reduced
Central Pacific Bank - Trust Division1,582$141.0K0.02%−220−12.2%Reduced
Parkside Financial Bank & Trust1,640$146.2K0.01%+456+38.5%Added
Whittier Trust Co of Nevada Inc1,608$147.1K0.00%−12,644−88.7%Reduced
State of Wyoming1,792$159.7K0.02%+174+10.8%Added
Eurizon Capital SGR S.p.A.1,874$168.1K0.00%+1,874New
Tower Research Capital LLC (TRC)1,927$171.8K0.00%+1,007+109.5%Added
STRS Ohio2,000$178.3K0.00%00.0%Unchanged
Quest Partners LLC2,189$195.1K0.01%−1,235−36.1%Reduced
Journey Strategic Wealth LLC2,263$201.7K0.01%+2,263New
Atria Investments LLC2,290$204.1K0.00%−3,456−60.1%Reduced
Truist Financial Corp2,314$206.2K0.00%−5,008−68.4%Reduced
Focus Financial Network, Inc.2,332$207.9K0.01%−450−16.2%Reduced
Evergreen Capital Management LLC2,337$208.3K0.00%+155+7.1%Added
Two Sigma Securities, LLC2,338$208.4K0.03%−4,960−68.0%Reduced
EP Wealth Advisors, LLC2,356$210.0K0.00%+2,356New
Portside Wealth Group, LLC2,400$213.9K0.03%−2,171−47.5%Reduced
Norden Group LLC2,433$216.9K0.02%−3,094−56.0%Reduced
Mackenzie Financial Corp2,395$217.1K0.00%+59+2.5%Added
Mercer Global Advisors Inc2,474$220.5K0.00%−4,289−63.4%Reduced
Harel Insurance Investments & Financial Services Ltd.2,498$223.0K0.00%+895+55.8%Added
CWM, LLC2,503$223.0K0.00%+1,946+349.4%Added
CIBC World Markets Corp2,521$224.7K0.00%+2,521New
Angeles Wealth Management, LLC2,549$227.2K0.01%+175+7.4%Added
Sanctuary Advisors, LLC2,586$230.5K0.00%+328+14.5%Added
Alamar Capital Management, LLC2,600$231.7K0.13%+600+30.0%Added
Great Lakes Advisors, LLC2,638$235.1K0.00%−979−27.1%Reduced
Unified Investment Management2,640$235.3K0.24%+2,640New
AE Wealth Management LLC2,646$235.8K0.00%+599+29.3%Added
Ensign Peak Advisors, Inc2,675$238.4K0.00%−4,550−63.0%Reduced
Arrowstreet Capital, Limited Partnership2,700$240.7K0.00%−30,456−91.9%Reduced
Brevan Howard Capital Management LP2,743$244.5K0.00%−623−18.5%Reduced
Argos Wealth Advisors, LLC2,773$247.2K0.07%+2,773New
Prelude Capital Management, LLC2,847$253.8K0.02%+2,847New
Profund Advisors LLC2,864$255.3K0.01%+2,864New
Centiva Capital, LP2,897$258.2K0.02%+2,897New
Xponance, Inc.2,999$267.3K0.00%+4+0.1%Added
McMorgan & Co LLC3,068$273.5K0.05%−18,319−85.7%Reduced
XTX Topco Ltd3,098$276.1K0.01%−181−5.5%Reduced
Ameritas Investment Partners, Inc.3,184$283.8K0.01%00.0%Unchanged
City Center Advisors, LLC3,196$284.9K0.26%+860+36.8%Added
DekaBank Deutsche Girozentrale1,442$285.0K0.00%00.0%Unchanged
Signaturefd, LLC3,217$286.7K0.00%−186−5.5%Reduced
Skopos Labs, Inc.3,210$294.6K0.01%+3,210New
Apollo Management Holdings, L.P.3,349$298.5K0.00%00.0%Unchanged
Diversify Advisory Services, LLC3,320$299.0K0.01%+361+12.2%Added
First Citizens Bank & Trust Co3,401$303.1K0.01%−58−1.7%Reduced
MML Investors Services, LLC3,606$321.4K0.00%−8,568−70.4%Reduced
Smith Group Asset Management, LLC3,609$321.7K0.02%−10.0%Reduced
Wealth Enhancement Advisory Services, LLC3,538$323.6K0.00%+3,538New
Bokf, NA3,845$342.7K0.01%−1,259−24.7%Reduced
Envestnet Portfolio Solutions, Inc.3,896$347.3K0.00%−44−1.1%Reduced
Callan Family Office, LLC3,915$348.9K0.01%+3,915New
Blair William & Co4,013$357.7K0.00%−6,752−62.7%Reduced
The PNC Financial Services Group, Inc.4,071$362.8K0.00%−616−13.1%Reduced
Public Employees Retirement Association of Colorado4,101$366.0K0.00%00.0%Unchanged
Rockefeller Capital Management L.P.4,145$369.4K0.00%+699+20.3%Added
Mirae Asset Global Investments Co., Ltd.4,264$380.1K0.00%+334+8.5%Added
Mutual of America Capital Management LLC4,310$384.1K0.00%+64+1.5%Added
Yorktown Management & Research Co Inc4,330$385.9K0.31%00.0%Unchanged
Gotham Asset Management, LLC4,340$386.8K0.00%−2,519−36.7%Reduced
American Century Companies Inc4,375$389.9K0.00%−152−3.4%Reduced
Everence Capital Management Inc4,400$392.0K0.02%00.0%Unchanged
Keebeck Wealth Management, LLC4,493$400.5K0.05%+275+6.5%Added
Alliance Wealth Advisors, LLC4,541$404.8K0.09%−3,594−44.2%Reduced
Inspire Advisors, LLC4,865$433.6K0.04%+70+1.5%Added
South Dakota Investment Council4,900$437.0K0.01%−400−7.5%Reduced
RSM US Wealth Management LLC4,941$448.7K0.01%+1,225+33.0%Added
Bank of Nova Scotia5,056$450.6K0.00%+5,056New
CWM Advisors, LLC5,233$466.4K0.04%+875+20.1%Added
Arkadios Wealth Advisors5,302$472.6K0.01%−69−1.3%Reduced
Cynosure Management, LLC5,430$484.0K0.05%+2,442+81.7%Added
Pictet Asset Management Holding SA5,511$491.2K0.00%00.0%Unchanged
Maryland State Retirement & Pension System5,511$491.2K0.01%+61+1.1%Added
FORA Capital, LLC5,526$492.5K0.06%+3,116+129.3%Added
Pathstone Holdings, LLC5,722$510.0K0.00%−3,806−39.9%Reduced
Aviva PLC5,828$519.5K0.00%+1,476+33.9%Added
B. Metzler seel. Sohn & Co. AG6,229$555.2K0.00%+5+0.1%Added
Susquehanna International Group, LLP6,415$571.8K0.00%−4,013−38.5%Reduced
Virginia Retirement Systems Et Al6,800$606.1K0.00%+6,800New
Voya Investment Management LLC6,886$613.7K0.00%−19,718−74.1%Reduced
JustInvest LLC6,943$618.8K0.01%−715−9.3%Reduced
Bank of Montreal7,045$627.9K0.00%−1,217−14.7%Reduced
ProShare Advisors LLC7,405$660.0K0.00%+229+3.2%Added
Woodline Partners LP7,685$685.0K0.00%+3,131+68.8%Added
Amica Mutual Insurance Co7,864$701.0K0.06%+640+8.9%Added
Accredited Investors Inc.7,909$704.9K0.04%−268−3.3%Reduced
KLP Kapitalforvaltning AS8,100$722.0K0.00%+200+2.5%Added
Stifel Financial Corp8,471$755.0K0.00%−17,003−66.7%Reduced
Diversify Wealth Management, LLC8,276$761.4K0.04%+247+3.1%Added
Oregon Public Employees Retirement Fund8,603$766.8K0.01%+100+1.2%Added
Laurion Capital Management LP8,678$773.5K0.05%+8,678New
Cetera Investment Advisers8,893$792.6K0.00%−7,985−47.3%Reduced
Linden Thomas Advisory Services, LLC8,919$795.0K0.08%−638−6.7%Reduced
Kennedy Capital Management, Inc.9,058$807.3K0.02%−21,249−70.1%Reduced
State Board of Administration of Florida Retirement System9,089$810.1K0.00%00.0%Unchanged
Trust Point Inc.9,112$812.2K0.06%+560+6.5%Added