SPS COMMERCE INC (SPSC) — Institutional Holders, Q2 2026

321 institutional investment managers reported a SPSC position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $2.2B. Every filer is listed below, ranked by position value, 100 per page; this page shows ranks 1 to 100. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.

← SPSC stock profile

SPSC in Q2 2026: what funds did

Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.

New positions

Added to

115

Trimmed

110

Sold out

Biggest buyers

DISCIPLINED GROWTH INVESTORSAdded · +1,312,943 sh+$75.1M
Engine Capital ManagementNew · +916,380 sh+$52.4M
Invenomic Capital ManagementAdded · +605,315 sh+$34.6M
GEODE CAPITAL MANAGEMENTAdded · +268,288 sh+$15.3M
Long Path PartnersNew · +180,912 sh+$10.3M

Biggest sellers

BANK OF AMERICATrimmed · -620,035 sh-$35.4M
NORDEA INVESTMENT MANAGEMENT ABSold out · -537,906 sh-$30.8M
RIVERBRIDGE PARTNERSTrimmed · -383,074 sh-$21.9M
D. E. ShawTrimmed · -308,039 sh-$17.6M
Walleye CapitalTrimmed · -277,300 sh-$15.9M

SPSC 13F holders ranked 1–100 of 321

Institutional investors reporting a position in SPS COMMERCE INC on SEC Form 13F-HR for Q2 2026, ranked by reported value.
#	Institution	Shares	Value	% of portfolio	QoQShares vs Q1 2026
1	BlackRock#1 · 5,934,211 sh	5,934,211	$339.3M	<0.01%	+1.8%
2	VANGUARD PORTFOLIO MANAGEMENT#2 · 2,914,709 sh	2,914,709	$166.6M	<0.01%	-1.5%
3	DISCIPLINED GROWTH INVESTORS#3 · 2,123,881 sh	2,123,881	$121.4M	2.06%	+161.9%
4	Neuberger Berman Group#4 · 1,780,876 sh	1,780,876	$101.8M	0.07%	-0.5%
5	VANGUARD CAPITAL MANAGEMENT#5 · 1,598,383 sh	1,598,383	$91.4M	<0.01%	-5.9%
6	STATE STREET#6 · 1,545,696 sh	1,545,696	$88.4M	<0.01%	+3.1%
7	GEODE CAPITAL MANAGEMENT#7 · 1,266,247 sh	1,266,247	$72.4M	<0.01%	+26.9%
8	GOLDMAN SACHS GROUP#8 · 1,107,434 sh	1,107,434	$63.3M	<0.01%	+3.6%
9	MORGAN STANLEY#9 · 997,970 sh	997,970	$57.1M	<0.01%	+3.9%
10	Jupiter Topco#10 · 984,427 sh	984,427	$56.3M	0.02%	—
11	Engine Capital Management#11 · 916,380 sh	916,380	$52.4M	5.10%	New
12	CITADEL ADVISORS#12 · 913,868 sh	913,868	$52.2M	<0.01%	+0.1%
13	FEDERATED HERMES#13 · 901,632 sh	901,632	$51.5M	0.07%	+22.0%
14	Invenomic Capital Management#14 · 869,410 sh	869,410	$49.7M	2.97%	+229.2%
15	BNP Paribas Asset Management Holding S.A.#15 · 760,700 sh	760,700	$43.5M	0.04%	+7.1%
16	Anson Funds Management#16 · 745,000 sh	745,000	$42.6M	2.53%	+29.6%
17	Van Berkom & Associates#17 · 630,329 sh	630,329	$36.0M	1.16%	-7.1%
18	Lightrock Netherlands B.V.#18 · 613,169 sh	613,169	$35.1M	6.92%	+38.8%
19	Irenic Capital Management#19 · 597,704 sh	597,704	$34.2M	1.64%	0.0%
20	CHARLES SCHWAB INVESTMENT MANAGEMENT#20 · 542,524 sh	542,524	$31.0M	<0.01%	+8.3%
21	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP#21 · 509,490 sh	509,490	$29.1M	0.01%	+43.7%
22	NORTHERN#22 · 494,868 sh	494,868	$28.3M	<0.01%	+12.0%
23	NOMURA ASSET MANAGEMENT INTERNATIONAL#23 · 411,959 sh	411,959	$23.6M	0.04%	+14.1%
24	BANK OF AMERICA#24 · 378,587 sh	378,587	$21.6M	<0.01%	-62.1%
25	DIMENSIONAL FUND ADVISORS#25 · 343,932 sh	343,932	$19.7M	<0.01%	-31.8%
26	Bank of New York Mellon#26 · 275,175 sh	275,175	$15.7M	<0.01%	-4.7%
27	PUBLIC SECTOR PENSION INVESTMENT BOARD#27 · 270,944 sh	270,944	$15.5M	0.04%	-2.5%
28	PRINCIPAL FINANCIAL GROUP#28 · 268,347 sh	268,347	$15.3M	<0.01%	+1.8%
29	BARCLAYS PLC#29 · 267,135 sh	267,135	$15.3M	<0.01%	+34.9%
30	BNP PARIBAS FINANCIAL MARKETS#30 · 262,120 sh	262,120	$15.0M	<0.01%	-11.4%
31	VANGUARD FIDUCIARY#31 · 253,845 sh	253,845	$14.5M	<0.01%	-3.2%
32	Nuveen#32 · 232,146 sh	232,146	$13.3M	<0.01%	-13.7%
33	Qube Research & Technologies Ltd#33 · 218,265 sh	218,265	$12.5M	0.01%	-13.4%
34	GLENMEDE NA#34 · 214,278 sh	214,278	$12.3M	0.05%	+26.6%
35	AQR CAPITAL MANAGEMENT#35 · 207,870 sh	207,870	$11.9M	<0.01%	+80.7%
36	HEALTHCARE OF ONTARIO PENSION PLAN FUND#36 · 202,645 sh	202,645	$11.6M	0.02%	-6.7%
37	FENIMORE ASSET MANAGEMENT#37 · 195,806 sh	195,806	$11.2M	—	-0.6%
38	PRICE T ROWE ASSOCIATES#38 · 184,383 sh	184,383	$10.5M	<0.01%	-16.0%
39	D. E. Shaw#39 · 182,792 sh	182,792	$10.5M	<0.01%	-62.8%
40	Long Path Partners#40 · 180,912 sh	180,912	$10.3M	4.41%	New
41	Walleye Capital#41 · 180,335 sh	180,335	$10.3M	0.04%	-60.6%
42	UBS Group AG#42 · 175,691 sh	175,691	$10.0M	<0.01%	+77.9%
43	Invesco Ltd.#43 · 174,173 sh	174,173	$10.0M	<0.01%	+14.0%
44	CANADA PENSION PLAN INVESTMENT BOARD#44 · 156,860 sh	156,860	$9.0M	<0.01%	-0.8%
45	LAZARD ASSET MANAGEMENT#45 · 153,769 sh	153,769	$8.8M	0.01%	-2.9%
46	ROYAL BANK OF CANADA#46 · 140,044 sh	140,044	$8.0M	<0.01%	-16.0%
47	BESSEMER GROUP#47 · 119,618 sh	119,618	$6.8M	<0.01%	0.0%
48	JPMORGAN CHASE#48 · 110,694 sh	110,694	$6.5M	<0.01%	-56.6%
49	Legal & General Group Plc#49 · 110,484 sh	110,484	$6.3M	<0.01%	+8.0%
50	Pacer Advisors#50 · 109,645 sh	109,645	$6.3M	0.02%	New
51	PERRY CREEK CAPITAL#51 · 105,927 sh	105,927	$6.1M	2.77%	New
52	UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AME#52 · 101,896 sh	101,896	$5.8M	<0.01%	+1.0%
53	GREAT WEST LIFE ASSURANCE#53 · 94,223 sh	94,223	$5.4M	<0.01%	+4.7%
54	RHUMBLINE ADVISERS#54 · 93,188 sh	93,188	$5.3M	<0.01%	-12.7%
55	Creative Planning#55 · 85,931 sh	85,931	$4.9M	<0.01%	+114.9%
56	MIRAE ASSET GLOBAL ETFS Ltd.#56 · 84,193 sh	84,193	$4.8M	<0.01%	-16.4%
57	RENAISSANCE GROUP#57 · 78,306 sh	78,306	$4.5M	0.18%	-17.3%
58	ALLIANCEBERNSTEIN L.P.#58 · 78,264 sh	78,264	$4.4M	<0.01%	+0.1%
59	PRUDENTIAL FINANCIAL#59 · 75,944 sh	75,944	$4.3M	<0.01%	+30.6%
60	LPL Financial#60 · 74,660 sh	74,660	$4.3M	<0.01%	-10.8%
61	Swiss National Bank#61 · 74,400 sh	74,400	$4.3M	<0.01%	-0.5%
62	CAXTON ASSOCIATES LLP#62 · 74,290 sh	74,290	$4.2M	0.08%	+33.6%
63	AMERICAN CAPITAL MANAGEMENT#63 · 73,958 sh	73,958	$4.2M	0.19%	-14.1%
64	Quantinno Capital Management#64 · 70,326 sh	70,326	$4.0M	<0.01%	+13.0%
65	Herald Investment Management Ltd#65 · 70,000 sh	70,000	$4.0M	—	0.0%
66	Voleon Capital Management#66 · 69,759 sh	69,759	$4.0M	0.07%	-16.7%
67	Sovereign's Capital Management#67 · 69,184 sh	69,184	$4.0M	2.64%	-1.3%
68	AMERIPRISE FINANCIAL#68 · 68,157 sh	68,157	$3.9M	<0.01%	-7.0%
69	VICTORY CAPITAL MANAGEMENT#69 · 67,757 sh	67,757	$3.9M	<0.01%	+46.1%
70	DEUTSCHE BANK AG\#70 · 66,023 sh	66,023	$3.8M	<0.01%	-10.7%
71	MONTRUSCO BOLTON INVESTMENTS#71 · 63,300 sh	63,300	$3.6M	—	0.0%
72	Occam Crest Management#72 · 52,000 sh	52,000	$3.6M	1.87%	New
73	Diametric Capital#73 · 59,549 sh	59,549	$3.4M	0.36%	New
74	FMR#74 · 59,241 sh	59,241	$3.4M	<0.01%	-13.1%
75	BUCKHEAD CAPITAL MANAGEMENT#75 · 57,626 sh	57,626	$3.3M	1.13%	+1.0%
76	Ballast Asset Management#76 · 56,249 sh	56,249	$3.2M	1.28%	+50.4%
77	Palisades Investment Partners#77 · 55,838 sh	55,838	$3.2M	0.91%	+2.3%
78	FRED ALGER MANAGEMENT#78 · 55,180 sh	55,180	$3.2M	0.01%	-1.2%
79	Verition Fund Management#79 · 55,000 sh	55,000	$3.1M	<0.01%	+1082.8%
80	NATIXIS#80 · 52,500 sh	52,500	$3.0M	0.01%	-4.7%
81	Numerai GP#81 · 50,078 sh	50,078	$2.9M	0.23%	+95.9%
82	Amundi#82 · 45,269 sh	45,269	$2.6M	<0.01%	+30.2%
83	SUSQUEHANNA INTERNATIONAL GROUP, LLP#83 · 44,545 sh	44,545	$2.5M	<0.01%	+21.4%
84	Russell Investments Group, Ltd.#84 · 40,260 sh	40,260	$2.3M	<0.01%	-19.0%
85	BROWN CAPITAL MANAGEMENT#85 · 38,208 sh	38,208	$2.2M	0.44%	-47.2%
86	PRESCOTT GROUP CAPITAL MANAGEMENT, L.L.C.#86 · 38,154 sh	38,154	$2.2M	0.19%	+246.9%
87	ENVESTNET ASSET MANAGEMENT#87 · 36,253 sh	36,253	$2.1M	<0.01%	-50.7%
88	VANGUARD ASSET MANAGEMENT, Ltd#88 · 35,609 sh	35,609	$2.0M	<0.01%	+10.9%
89	WELLS FARGO & COMPANY#89 · 35,595 sh	35,595	$2.0M	<0.01%	+123.3%
90	Ewing Morris & Investment Partners Ltd.#90 · 35,243 sh	35,243	$2.0M	1.05%	New
91	NEW YORK STATE COMMON RETIREMENT FUND#91 · 33,975 sh	33,975	$1.9M	<0.01%	+5.6%
92	Bridgewater Associates#92 · 32,794 sh	32,794	$1.9M	<0.01%	New
93	JANE STREET GROUP#93 · 31,895 sh	31,895	$1.8M	<0.01%	-38.4%
94	Corient Private Wealth#94 · 31,193 sh	31,193	$1.8M	<0.01%	-13.7%
95	Linden Thomas Advisory Services#95 · 30,370 sh	30,370	$1.7M	—	+155.0%
96	Hillsdale Investment Management#96 · 30,300 sh	30,300	$1.7M	0.04%	+16.1%
97	KENNEDY CAPITAL MANAGEMENT#97 · 29,040 sh	29,040	$1.7M	0.03%	+223.8%
98	Jump Financial#98 · 28,389 sh	28,389	$1.6M	0.01%	-52.8%
99	Elo Mutual Pension Insurance#99 · 27,759 sh	27,759	$1.6M	0.02%	New
100	FRANKLIN RESOURCES#100 · 27,630 sh	27,630	$1.6M	<0.01%	+3.3%

Funds that sold out of SPSC in Q2 2026 (67)

Held SPSC at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.

Institutions that held SPSC in Q1 2026 and reported no position in Q2 2026.
Institution	Shares sold	Value in Q1 2026
NORDEA INVESTMENT MANAGEMENT AB537,906 sh	537,906	$30.0M
VOLORIDGE INVESTMENT MANAGEMENT251,661 sh	251,661	$14.0M
Local Pensions Partnership Investment Ltd185,500 sh	185,500	$10.3M
CONGRESS ASSET MANAGEMENT174,758 sh	174,758	$9.7M
RENAISSANCE TECHNOLOGIES99,360 sh	99,360	$5.5M
TRAN CAPITAL MANAGEMENT, L.P.89,538 sh	89,538	$5.0M
Y-Intercept (Hong Kong) Ltd88,683 sh	88,683	$4.9M
Summit Creek Advisors82,108 sh	82,108	$4.6M
AGF MANAGEMENT LTD63,804 sh	63,804	$3.6M
CAISSE DE DEPOT ET PLACEMENT DU QUEBEC58,529 sh	58,529	$3.3M
TWO SIGMA INVESTMENTS54,676 sh	54,676	$3.0M
SG Americas Securities46,127 sh	46,127	$2.6M
Select Equity Group, L.P.41,923 sh	41,923	$2.3M
TWINBEECH CAPITAL33,108 sh	33,108	$1.8M
TORONTO DOMINION BANK24,776 sh	24,776	$1.4M
HSBC PLC22,920 sh	22,920	$1.3M
NICHOLAS COMPANY22,977 sh	22,977	$1.3M
OPPENHEIMER ASSET MANAGEMENT22,342 sh	22,342	$1.2M
Dana Investment Advisors21,616 sh	21,616	$1.2M
Quadrature Capital Ltd19,319 sh	19,319	$1.1M
Illinois Municipal Retirement Fund17,226 sh	17,226	$959.0K
JOHNSON INVESTMENT COUNSEL15,345 sh	15,345	$854.3K
XTX Topco Ltd15,056 sh	15,056	$838.2K
E. Ohman J:or Asset Management AB12,810 sh	12,810	$713.1K
DIVERSIFY WEALTH MANAGEMENT12,585 sh	12,585	$694.4K
Vontobel Holding Ltd.11,913 sh	11,913	$663.2K
Aquatic Capital Management11,290 sh	11,290	$628.5K
HUSSMAN STRATEGIC ADVISORS10,500 sh	10,500	$584.5K
Conestoga Capital Advisors8,270 sh	8,270	$460.4K
Point72 Asset Management, L.P.7,523 sh	7,523	$418.8K
BANK OF NOVA SCOTIA7,343 sh	7,343	$408.8K
STIFEL FINANCIAL6,965 sh	6,965	$387.7K
Inspire Advisors5,815 sh	5,815	$323.7K
Mariner5,755 sh	5,755	$320.4K
Arkadios Wealth Advisors5,750 sh	5,750	$320.1K
Blackstone5,593 sh	5,593	$311.4K
Keebeck Wealth Management5,154 sh	5,154	$286.9K
Entropy Technologies4,978 sh	4,978	$277.1K
Yorktown Management & Research4,330 sh	4,330	$241.1K
AIGEN INVESTMENT MANAGEMENT3,954 sh	3,954	$220.1K
VARCOV3,934 sh	3,934	$219.0K
Gibbs Wealth Management3,731 sh	3,731	$207.7K
FORA Capital3,602 sh	3,602	$200.6K
QUADRANT CAPITAL GROUP5,292 sh	5,292	$196.3K
Caitong International Asset Management , Ltd3,488 sh	3,488	$194.2K
Harel Insurance Investments & Financial Services Ltd.2,259 sh	2,259	$126.0K
State of Wyoming1,615 sh	1,615	$89.9K
Freestone Grove Partners938 sh	938	$52.2K
AdvisorNet Financial673 sh	673	$37.5K
Optiver Holding B.V.432 sh	432	$24.0K
Advisory Services Network299 sh	299	$16.6K
Park Place Capital287 sh	287	$16.0K
Destiny Wealth Partners270 sh	270	$15.0K
VEGA INVESTMENT SOLUTIONS264 sh	264	$14.7K
NBC SECURITIES218 sh	218	$12.1K
Kemnay Advisory Services216 sh	216	$12.0K
MAI Capital Management203 sh	203	$11.3K
Root Financial Partners183 sh	183	$10.2K
Meramec Financial Planners66 sh	66	$3.8K
Wealth Preservation Advisors60 sh	60	$3.3K
INTERNATIONAL ASSETS INVESTMENT MANAGEMENT49 sh	49	$2.8K
Quarry25 sh	25	$1.4K
COUNTRY BANK16 sh	16	$891.00
Physician Wealth Advisors16 sh	16	$891.00
TD PRIVATE CLIENT WEALTH8 sh	8	$445.00
Ares Financial Consulting7 sh	7	$394.00
Abound Wealth Management2 sh	2	$112.00

Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.