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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
Commonwealth of Pennsylvania Public School Empls Retrmt Sys9,335$832.0K0.00%−319−3.3%Reduced
Teachers Retirement System of the State of Kentucky9,414$839.0K0.01%−1,302−12.2%Reduced
Millennium Management LLC9,659$860.9K0.00%−59,926−86.1%Reduced
PensionDanmark Pensionsforsikringsaktieselskab10,000$891.3K0.01%+10,000New
Police & Firemen's Retirement System of New Jersey10,103$900.5K0.01%−445−4.2%Reduced
Victory Capital Management Inc10,110$901.1K0.00%+4,360+75.8%Added
Y-Intercept (Hong Kong) Ltd10,146$904.3K0.02%−37,278−78.6%Reduced
Yousif Capital Management, LLC10,185$908.2K0.01%−1,661−14.0%Reduced
QSV Equity Investors LLC10,300$918.0K1.36%+10,300New
Arizona State Retirement System10,508$936.6K0.01%−718−6.4%Reduced
Tudor Investment Corp Et Al10,798$962.4K0.01%−59,591−84.7%Reduced
Captrust Financial Advisors10,851$967.1K0.00%−2,381−18.0%Reduced
Prescott Group Capital Management, L.L.C.11,000$980.4K0.09%00.0%Unchanged
Amalgamated Bank11,020$982.0K0.01%+186+1.7%Added
Ironwood Investment Management LLC11,330$1.01M0.42%−273−2.4%Reduced
Laurus Investment Counsel Inc.11,470$1.02M0.83%−4,040−26.0%Reduced
Marks Group Wealth Management, Inc11,830$1.05M0.10%00.0%Unchanged
HSBC Holdings PLC12,324$1.10M0.00%+12,324New
ExodusPoint Capital Management, LP12,373$1.10M0.01%+12,373New
Legato Capital Management LLC12,373$1.10M0.09%+4,929+66.2%Added
Quantinno Capital Management LP12,478$1.11M0.00%+5,301+73.9%Added
E. Ohman J:or Asset Management AB12,810$1.14M0.03%00.0%Unchanged
New York State Teachers Retirement System12,828$1.14M0.00%00.0%Unchanged
Alberta Investment Management Corp12,900$1.15M0.01%+12,900New
Headlands Technologies LLC13,194$1.18M0.10%+2,635+25.0%Added
Abn Amro Investment Solutions13,605$1.21M0.02%+4,064+42.6%Added
Zions Bancorporation, National Association13,762$1.23M0.06%−1,666−10.8%Reduced
Vontobel Holding Ltd.13,958$1.24M0.00%+2,877+26.0%Added
Johnson Investment Counsel Inc14,355$1.28M0.01%−13,202−47.9%Reduced
Citigroup Inc14,508$1.29M0.00%−847−5.5%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)15,135$1.35M0.00%+2,394+18.8%Added
US Bancorp15,494$1.38M0.00%−9,156−37.1%Reduced
Handelsbanken Fonder AB16,000$1.43M0.00%+6,100+61.6%Added
Van Hulzen Asset Management, LLC16,973$1.51M0.11%−5,208−23.5%Reduced
Louisiana State Employees Retirement System17,300$1.54M0.03%−100−0.6%Reduced
Public Employees Retirement System of Ohio17,411$1.55M0.00%+30+0.2%Added
State of Tennessee, Treasury Department17,442$1.56M0.00%+175+1.0%Added
Quadrature Capital Ltd17,489$1.56M0.02%+17,489New
Sterling Capital Management LLC18,001$1.60M0.03%+153+0.9%Added
Jump Financial, LLC18,128$1.62M0.02%−29,776−62.2%Reduced
Dana Investment Advisors, Inc.18,140$1.62M0.05%+3,899+27.4%Added
Man Group plc18,556$1.65M0.00%−28,300−60.4%Reduced
Manufacturers Life Insurance Company, The18,786$1.67M0.00%−768−3.9%Reduced
State of Wisconsin Investment Board18,838$1.68M0.00%−2,055−9.8%Reduced
Oppenheimer Asset Management Inc.18,983$1.69M0.02%−4,967−20.7%Reduced
VELA Investment Management, LLC19,577$1.74M0.47%+19,577New
Illinois Municipal Retirement Fund19,973$1.78M0.02%+117+0.6%Added
Numerai GP LLC20,779$1.85M0.22%−38,465−64.9%Reduced
MetLife Investment Management20,955$1.87M0.01%−1,294−5.8%Reduced
State of Alaska, Department of Revenue20,986$1.87M0.02%+126+0.6%Added
Jain Global LLC21,332$1.90M0.02%−1,000−4.5%Reduced
Qube Research & Technologies Ltd23,337$2.08M0.00%−86,586−78.8%Reduced
Bridge City Capital, LLC24,072$2.15M0.63%−4,152−14.7%Reduced
Walleye Capital LLC24,749$2.21M0.01%−104,155−80.8%Reduced
Quantbot Technologies LP25,129$2.24M0.07%−28,599−53.2%Reduced
Intech Investment Management LLC25,472$2.27M0.02%−3,242−11.3%Reduced
Thrivent Financial for Lutherans25,911$2.31M0.00%−1,438−5.3%Reduced
Hillsdale Investment Management Inc.26,100$2.33M0.06%−15,300−37.0%Reduced
Amundi26,786$2.39M0.00%+20,013+295.5%Added
State of New Jersey Common Pension Fund D27,424$2.44M0.01%+8,652+46.1%Added
Universal- Beteiligungs- und Servicegesellschaft mbH27,520$2.46M0.00%+2,494+10.0%Added
Cresset Asset Management, LLC27,587$2.46M0.01%+152+0.6%Added
Granahan Investment Management Inc28,004$2.50M0.11%−368,776−92.9%Reduced
Creative Planning28,632$2.55M0.00%+18,231+175.3%Added
Franklin Resources Inc29,167$2.60M0.00%−154,826−84.1%Reduced
Westerly Capital Management, LLC30,000$2.67M0.80%+30,000New
Two Sigma Investments, LP33,378$2.97M0.00%−66,564−66.6%Reduced
Buckhead Capital Management LLC33,793$3.01M1.08%−2,152−6.0%Reduced
California State Teachers Retirement System36,141$3.22M0.00%−180.0%Reduced
Assenagon Asset Management S.A.36,987$3.30M0.00%−11,162−23.2%Reduced
Agf Management Ltd38,346$3.42M0.01%+38,346New
New York State Common Retirement Fund39,417$3.51M0.00%00.0%Unchanged
SG Americas Securities, LLC39,753$3.54M0.00%+26,730+205.3%Added
EVR Research LP40,000$3.57M1.92%+40,000New
Raymond James Financial Inc40,442$3.60M0.00%−35,021−46.4%Reduced
Lombard Odier Asset Management (Europe) Ltd40,493$3.61M0.18%−25,335−38.5%Reduced
Holocene Advisors, LP42,809$3.82M0.01%−7,128−14.3%Reduced
Jane Street Group, LLC43,013$3.83M0.00%−56,363−56.7%Reduced
Advisor Group Holdings, Inc.45,052$4.02M0.01%−7,861−14.9%Reduced
Marshall Wace, LLP45,078$4.02M0.00%+24,873+123.1%Added
Wells Fargo & Company45,791$4.08M0.00%−57,433−55.6%Reduced
Palisades Investment Partners, LLC50,192$4.47M1.69%+1,055+2.1%Added
Sovereign's Capital Management, LLC50,327$4.49M2.72%+34,551+219.0%Added
Grandeur Peak Global Advisors, LLC50,675$4.52M0.61%−49,703−49.5%Reduced
Prudential Financial Inc55,219$4.92M0.01%−2,442−4.2%Reduced
AQR Capital Management LLC56,868$5.07M0.00%+34,274+151.7%Added
Renaissance Group LLC59,941$5.34M0.21%−16,172−21.2%Reduced
Russell Investments Group, Ltd.61,023$5.44M0.01%+2,035+3.4%Added
Great West Life Assurance Co62,131$5.54M0.01%−8,575−12.1%Reduced
Montrusco Bolton Investments Inc.63,300$5.64M0.07%+13,925+28.2%Added
Nicholas Company, Inc.64,418$5.74M0.10%+5,505+9.3%Added
Bridgewater Associates, LP65,572$5.84M0.02%+36,413+124.9%Added
Select Equity Group, L.P.66,972$5.97M0.03%+847+1.3%Added
California Public Employees Retirement System67,723$6.04M0.00%+2,756+4.2%Added
Herald Investment Management Ltd70,000$6.24M0.82%+15,000+27.3%Added
Edgestream Partners, L.P.70,454$6.28M0.18%+7,889+12.6%Added
Envestnet Asset Management Inc71,007$6.33M0.00%−97,889−58.0%Reduced
Swiss National Bank74,800$6.67M0.00%+1,200+1.6%Added
Deutsche Bank AG75,221$6.70M0.00%−59,679−44.2%Reduced
LPL Financial LLC77,720$6.93M0.00%−5,734−6.9%Reduced