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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
First Trust Advisors LP0$00.00%−7,603−100.0%Sold out
Level Four Advisory Services, LLC0$00.00%−6,903−100.0%Sold out
Capstone Investment Advisors, LLC0$00.00%−6,529−100.0%Sold out
M&T Bank Corp0$00.00%−5,598−100.0%Sold out
Nicollet Investment Management, Inc.0$00.00%−5,428−100.0%Sold out
Bridgefront Capital, LLC0$00.00%−4,989−100.0%Sold out
Teacher Retirement System of Texas0$00.00%−4,977−100.0%Sold out
Graham Capital Management, L.P.0$00.00%−4,805−100.0%Sold out
Boothbay Fund Management, LLC0$00.00%−4,617−100.0%Sold out
Moneta Group Investment Advisors LLC0$00.00%−4,111−100.0%Sold out
Diversified Trust Co0$00.00%−4,019−100.0%Sold out
Park Avenue Securities LLC0$00.00%−3,788−100.0%Sold out
CI Private Wealth, LLC0$00.00%−3,720−100.0%Sold out
Semanteon Capital Management, LP0$00.00%−3,552−100.0%Sold out
Wiley Bros.-Aintree Capital, LLC0$00.00%−3,518−100.0%Sold out
Premier Fund Managers Ltd0$00.00%−3,452−100.0%Sold out
Aquatic Capital Management LLC0$00.00%−3,464−100.0%Sold out
Henshaw Capital LLC0$00.00%−3,421−100.0%Sold out
Equitable Trust Co0$00.00%−3,383−100.0%Sold out
Michael B. Yongue0$00.00%−3,243−100.0%Sold out
Freestone Grove Partners LP0$00.00%−3,178−100.0%Sold out
Benjamin Edwards Inc0$00.00%−3,087−100.0%Sold out
Pitcairn Co0$00.00%−2,715−100.0%Sold out
DC Investments Management, LLC0$00.00%−2,675−100.0%Sold out
NorthRock Partners, LLC0$00.00%−2,463−100.0%Sold out
Shaker Investments LLC0$00.00%−2,432−100.0%Sold out
Intrust Bank NA0$00.00%−2,409−100.0%Sold out
O'Shaughnessy Asset Management, LLC0$00.00%−2,309−100.0%Sold out
King Luther Capital Management Corp0$00.00%−2,249−100.0%Sold out
Hardy Reed LLC0$00.00%−2,200−100.0%Sold out
HighTower Advisors, LLC0$00.00%−2,178−100.0%Sold out
Farringdon Capital, Ltd.0$00.00%−2,156−100.0%Sold out
Wedbush Securities Inc0$00.00%−2,130−100.0%Sold out
Janney Montgomery Scott LLC0$00.00%−2,100−100.0%Sold out
Mitsubishi UFJ Asset Management (UK) Ltd.0$00.00%−2,000−100.0%Sold out
Principal Securities, Inc.0$00.00%−1,494−100.0%Sold out
Harbor Investment Advisory, LLC0$00.00%−831−100.0%Sold out
Johnson Financial Group, Inc.0$00.00%−543−100.0%Sold out
Advisory Services Network, LLC0$00.00%−312−100.0%Sold out
Ronald Blue Trust, Inc.0$00.00%−240−100.0%Sold out
Caitlin John, LLC0$00.00%−154−100.0%Sold out
Ci Investments Inc.0$00.00%−133−100.0%Sold out
Clearstead Advisors, LLC0$00.00%−122−100.0%Sold out
Quarry LP0$00.00%−113−100.0%Sold out
Westside Investment Management, Inc.0$00.00%−110−100.0%Sold out
Rise Advisors, LLC0$00.00%−81−100.0%Sold out
Wealthspire Advisors, LLC0$00.00%−72−100.0%Sold out
Golden State Wealth Management, LLC0$00.00%−67−100.0%Sold out
Optiver Holding B.V.0$00.00%−42−100.0%Sold out
Wolff Wiese Magana LLC0$00.00%−41−100.0%Sold out
Washington Trust Advisors, Inc.0$00.00%−41−100.0%Sold out
Atlantic Trust, LLC0$00.00%−21−100.0%Sold out
Mather Group, LLC.0$00.00%−16−100.0%Sold out
LRI Investments, LLC0$00.00%−16−100.0%Sold out
Bellevue Asset Management, LLC0$00.00%−15−100.0%Sold out
Crowley Wealth Management, Inc.0$00.00%−10−100.0%Sold out
Capital Advisors, Ltd. LLC0$00.00%−6−100.0%Sold out
Westfuller Advisors, LLC0$00.00%−8−100.0%Sold out
Globeflex Capital L P0$00.00%−7−100.0%Sold out
Montag A & Associates Inc0$00.00%−6−100.0%Sold out
Root Financial Partners, LLC0$00.00%−1−100.0%Sold out
Thematics Asset Management––––Not filed
Glenmede Investment Management, LP––––Not filed
EFG Asset Management (North America) Corp.––––Not filed
Synovus Financial Corp––––Not filed
CIBC Bancorp USA Inc.––––Not filed
Amica Retiree Medical Trust––––Not filed