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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 318 | $2.23B |
| Q1 2026 | 329 | $2.13B |
| Q4 2025 | 367 | $3.42B |
| Q3 2025 | 403 | $4.04B |
| Q2 2025 | 452 | $5.19B |
| Q1 2025 | 448 | $4.99B |
| Q4 2024 | 460 | $6.96B |
| Q3 2024 | 461 | $7.16B |
| Q2 2024 | 449 | $6.88B |
| Q1 2024 | 422 | $6.79B |
| Q4 2023 | 402 | $7.17B |
| Q3 2023 | 380 | $6.36B |
| Q2 2023 | 374 | $7.10B |
| Q1 2023 | 362 | $5.56B |
| Q4 2022 | 337 | $4.68B |
| Q3 2022 | 324 | $4.50B |
| Q2 2022 | 317 | $4.09B |
| Q1 2022 | 326 | $4.70B |
| Q4 2021 | 331 | $5.06B |
| Q3 2021 | 315 | $5.80B |
| Q2 2021 | 278 | $3.52B |
| Q1 2021 | 290 | $3.49B |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding SPS Commerce Inc; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Two Sigma Investments, LP | 33,378 | $2.97M | 0.00% | −66,564−66.6% | Reduced |
| Westerly Capital Management, LLC | 30,000 | $2.67M | 0.80% | +30,000 | New |
| Franklin Resources Inc | 29,167 | $2.60M | 0.00% | −154,826−84.1% | Reduced |
| Creative Planning | 28,632 | $2.55M | 0.00% | +18,231+175.3% | Added |
| Granahan Investment Management Inc | 28,004 | $2.50M | 0.11% | −368,776−92.9% | Reduced |
| Cresset Asset Management, LLC | 27,587 | $2.46M | 0.01% | +152+0.6% | Added |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 27,520 | $2.46M | 0.00% | +2,494+10.0% | Added |
| State of New Jersey Common Pension Fund D | 27,424 | $2.44M | 0.01% | +8,652+46.1% | Added |
| Amundi | 26,786 | $2.39M | 0.00% | +20,013+295.5% | Added |
| Hillsdale Investment Management Inc. | 26,100 | $2.33M | 0.06% | −15,300−37.0% | Reduced |
| Thrivent Financial for Lutherans | 25,911 | $2.31M | 0.00% | −1,438−5.3% | Reduced |
| Intech Investment Management LLC | 25,472 | $2.27M | 0.02% | −3,242−11.3% | Reduced |
| Quantbot Technologies LP | 25,129 | $2.24M | 0.07% | −28,599−53.2% | Reduced |
| Walleye Capital LLC | 24,749 | $2.21M | 0.01% | −104,155−80.8% | Reduced |
| Bridge City Capital, LLC | 24,072 | $2.15M | 0.63% | −4,152−14.7% | Reduced |
| Qube Research & Technologies Ltd | 23,337 | $2.08M | 0.00% | −86,586−78.8% | Reduced |
| Jain Global LLC | 21,332 | $1.90M | 0.02% | −1,000−4.5% | Reduced |
| State of Alaska, Department of Revenue | 20,986 | $1.87M | 0.02% | +126+0.6% | Added |
| MetLife Investment Management | 20,955 | $1.87M | 0.01% | −1,294−5.8% | Reduced |
| Numerai GP LLC | 20,779 | $1.85M | 0.22% | −38,465−64.9% | Reduced |
| Illinois Municipal Retirement Fund | 19,973 | $1.78M | 0.02% | +117+0.6% | Added |
| VELA Investment Management, LLC | 19,577 | $1.74M | 0.47% | +19,577 | New |
| Oppenheimer Asset Management Inc. | 18,983 | $1.69M | 0.02% | −4,967−20.7% | Reduced |
| State of Wisconsin Investment Board | 18,838 | $1.68M | 0.00% | −2,055−9.8% | Reduced |
| Manufacturers Life Insurance Company, The | 18,786 | $1.67M | 0.00% | −768−3.9% | Reduced |
| Man Group plc | 18,556 | $1.65M | 0.00% | −28,300−60.4% | Reduced |
| Dana Investment Advisors, Inc. | 18,140 | $1.62M | 0.05% | +3,899+27.4% | Added |
| Jump Financial, LLC | 18,128 | $1.62M | 0.02% | −29,776−62.2% | Reduced |
| Sterling Capital Management LLC | 18,001 | $1.60M | 0.03% | +153+0.9% | Added |
| Quadrature Capital Ltd | 17,489 | $1.56M | 0.02% | +17,489 | New |
| State of Tennessee, Treasury Department | 17,442 | $1.56M | 0.00% | +175+1.0% | Added |
| Public Employees Retirement System of Ohio | 17,411 | $1.55M | 0.00% | +30+0.2% | Added |
| Louisiana State Employees Retirement System | 17,300 | $1.54M | 0.03% | −100−0.6% | Reduced |
| Van Hulzen Asset Management, LLC | 16,973 | $1.51M | 0.11% | −5,208−23.5% | Reduced |
| Handelsbanken Fonder AB | 16,000 | $1.43M | 0.00% | +6,100+61.6% | Added |
| US Bancorp | 15,494 | $1.38M | 0.00% | −9,156−37.1% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 15,135 | $1.35M | 0.00% | +2,394+18.8% | Added |
| Citigroup Inc | 14,508 | $1.29M | 0.00% | −847−5.5% | Reduced |
| Johnson Investment Counsel Inc | 14,355 | $1.28M | 0.01% | −13,202−47.9% | Reduced |
| Vontobel Holding Ltd. | 13,958 | $1.24M | 0.00% | +2,877+26.0% | Added |
| Zions Bancorporation, National Association | 13,762 | $1.23M | 0.06% | −1,666−10.8% | Reduced |
| Abn Amro Investment Solutions | 13,605 | $1.21M | 0.02% | +4,064+42.6% | Added |
| Headlands Technologies LLC | 13,194 | $1.18M | 0.10% | +2,635+25.0% | Added |
| Alberta Investment Management Corp | 12,900 | $1.15M | 0.01% | +12,900 | New |
| New York State Teachers Retirement System | 12,828 | $1.14M | 0.00% | 00.0% | Unchanged |
| E. Ohman J:or Asset Management AB | 12,810 | $1.14M | 0.03% | 00.0% | Unchanged |
| Quantinno Capital Management LP | 12,478 | $1.11M | 0.00% | +5,301+73.9% | Added |
| Legato Capital Management LLC | 12,373 | $1.10M | 0.09% | +4,929+66.2% | Added |
| ExodusPoint Capital Management, LP | 12,373 | $1.10M | 0.01% | +12,373 | New |
| HSBC Holdings PLC | 12,324 | $1.10M | 0.00% | +12,324 | New |
| Marks Group Wealth Management, Inc | 11,830 | $1.05M | 0.10% | 00.0% | Unchanged |
| Laurus Investment Counsel Inc. | 11,470 | $1.02M | 0.83% | −4,040−26.0% | Reduced |
| Ironwood Investment Management LLC | 11,330 | $1.01M | 0.42% | −273−2.4% | Reduced |
| Amalgamated Bank | 11,020 | $982.0K | 0.01% | +186+1.7% | Added |
| Prescott Group Capital Management, L.L.C. | 11,000 | $980.4K | 0.09% | 00.0% | Unchanged |
| Captrust Financial Advisors | 10,851 | $967.1K | 0.00% | −2,381−18.0% | Reduced |
| Tudor Investment Corp Et Al | 10,798 | $962.4K | 0.01% | −59,591−84.7% | Reduced |
| Arizona State Retirement System | 10,508 | $936.6K | 0.01% | −718−6.4% | Reduced |
| QSV Equity Investors LLC | 10,300 | $918.0K | 1.36% | +10,300 | New |
| Yousif Capital Management, LLC | 10,185 | $908.2K | 0.01% | −1,661−14.0% | Reduced |
| Y-Intercept (Hong Kong) Ltd | 10,146 | $904.3K | 0.02% | −37,278−78.6% | Reduced |
| Victory Capital Management Inc | 10,110 | $901.1K | 0.00% | +4,360+75.8% | Added |
| Police & Firemen's Retirement System of New Jersey | 10,103 | $900.5K | 0.01% | −445−4.2% | Reduced |
| PensionDanmark Pensionsforsikringsaktieselskab | 10,000 | $891.3K | 0.01% | +10,000 | New |
| Millennium Management LLC | 9,659 | $860.9K | 0.00% | −59,926−86.1% | Reduced |
| Teachers Retirement System of the State of Kentucky | 9,414 | $839.0K | 0.01% | −1,302−12.2% | Reduced |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 9,335 | $832.0K | 0.00% | −319−3.3% | Reduced |
| Trust Point Inc. | 9,112 | $812.2K | 0.06% | +560+6.5% | Added |
| State Board of Administration of Florida Retirement System | 9,089 | $810.1K | 0.00% | 00.0% | Unchanged |
| Kennedy Capital Management, Inc. | 9,058 | $807.3K | 0.02% | −21,249−70.1% | Reduced |
| Linden Thomas Advisory Services, LLC | 8,919 | $795.0K | 0.08% | −638−6.7% | Reduced |
| Cetera Investment Advisers | 8,893 | $792.6K | 0.00% | −7,985−47.3% | Reduced |
| Laurion Capital Management LP | 8,678 | $773.5K | 0.05% | +8,678 | New |
| Oregon Public Employees Retirement Fund | 8,603 | $766.8K | 0.01% | +100+1.2% | Added |
| Diversify Wealth Management, LLC | 8,276 | $761.4K | 0.04% | +247+3.1% | Added |
| Stifel Financial Corp | 8,471 | $755.0K | 0.00% | −17,003−66.7% | Reduced |
| KLP Kapitalforvaltning AS | 8,100 | $722.0K | 0.00% | +200+2.5% | Added |
| Accredited Investors Inc. | 7,909 | $704.9K | 0.04% | −268−3.3% | Reduced |
| Amica Mutual Insurance Co | 7,864 | $701.0K | 0.06% | +640+8.9% | Added |
| Woodline Partners LP | 7,685 | $685.0K | 0.00% | +3,131+68.8% | Added |
| ProShare Advisors LLC | 7,405 | $660.0K | 0.00% | +229+3.2% | Added |
| Bank of Montreal | 7,045 | $627.9K | 0.00% | −1,217−14.7% | Reduced |
| JustInvest LLC | 6,943 | $618.8K | 0.01% | −715−9.3% | Reduced |
| Voya Investment Management LLC | 6,886 | $613.7K | 0.00% | −19,718−74.1% | Reduced |
| Virginia Retirement Systems Et Al | 6,800 | $606.1K | 0.00% | +6,800 | New |
| Susquehanna International Group, LLP | 6,415 | $571.8K | 0.00% | −4,013−38.5% | Reduced |
| B. Metzler seel. Sohn & Co. AG | 6,229 | $555.2K | 0.00% | +5+0.1% | Added |
| Aviva PLC | 5,828 | $519.5K | 0.00% | +1,476+33.9% | Added |
| Pathstone Holdings, LLC | 5,722 | $510.0K | 0.00% | −3,806−39.9% | Reduced |
| FORA Capital, LLC | 5,526 | $492.5K | 0.06% | +3,116+129.3% | Added |
| Pictet Asset Management Holding SA | 5,511 | $491.2K | 0.00% | 00.0% | Unchanged |
| Maryland State Retirement & Pension System | 5,511 | $491.2K | 0.01% | +61+1.1% | Added |
| Cynosure Management, LLC | 5,430 | $484.0K | 0.05% | +2,442+81.7% | Added |
| Arkadios Wealth Advisors | 5,302 | $472.6K | 0.01% | −69−1.3% | Reduced |
| CWM Advisors, LLC | 5,233 | $466.4K | 0.04% | +875+20.1% | Added |
| Bank of Nova Scotia | 5,056 | $450.6K | 0.00% | +5,056 | New |
| RSM US Wealth Management LLC | 4,941 | $448.7K | 0.01% | +1,225+33.0% | Added |
| South Dakota Investment Council | 4,900 | $437.0K | 0.01% | −400−7.5% | Reduced |
| Inspire Advisors, LLC | 4,865 | $433.6K | 0.04% | +70+1.5% | Added |
| Alliance Wealth Advisors, LLC | 4,541 | $404.8K | 0.09% | −3,594−44.2% | Reduced |