SPS CommerceSPSC
13F holders, Q4 2024 (December 31)At the end of Q4 2024, 460 institutions reported holding SPS Commerce Inc. (SPSC) in their 13F filings, down 1 from Q3 2024. 35 opened new positions and 48 sold out. The largest holders were BlackRock, Inc. ($1.1B), Vanguard Group Inc. ($852.0M) and Neuberger Berman Group LLC ($304.7M). 7 famous investors held it, including David E. Shaw (0.0% of D. E. Shaw & Co.'s portfolio), Ken Fisher (0.0% of Fisher Asset Management's portfolio) and Israel Englander (0.0% of Millennium Management's portfolio).
- Company
- SPS Commerce Inc.
- CUSIP
- 78463M107
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2024 → Q4 2024
| Institutions | Total Value | |
|---|---|---|
| New Positions | 35 | $40.4M |
| Exits | 48 | $52.1M |
All 13F filers, Q3 2024 → Q4 2024: 3,209,078 shares bought and 2,490,665 shares sold, net +718,413 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 460 holders
| BlackRock, Inc. | 0.02% | Add +2.2% | 5,965,413 | $1.1B |
| Vanguard Group Inc. | 0.01% | Add +1.5% | 4,630,859 | $852.0M |
| Neuberger Berman Group LLC | 0.24% | Add +1.3% | 1,656,200 | $304.7M |
| State Street Corp. | 0.01% | Add +4.6% | 1,510,387 | $277.9M |
| FMR LLC | 0.02% | Add +109.7% | 1,419,831 | $261.2M |
| Conestoga Capital Advisors, LLC | 3.04% | Add +0.0% | 1,248,592 | $229.7M |
| Geode Capital Management, LLC | 0.01% | Reduce 0.0% | 937,295 | $172.9M |
| Morgan Stanley | 0.01% | Add +2.7% | 838,469 | $154.3M |
| Congress Asset Management Co. | 1.01% | Reduce -3.9% | 808,339 | $148.7M |
| Ameriprise Financial Inc. | 0.04% | Add +33.4% | 765,709 | $140.9M |
| Kayne Anderson Rudnick Investment Management LLC | 0.28% | Reduce -7.0% | 661,767 | $121.8M |
| Riverbridge Partners LLC | 1.64% | Reduce -7.2% | 651,602 | $119.9M |
| Alliancebernstein L.P. | 0.04% | Reduce -6.7% | 639,974 | $117.7M |
| Macquarie Group Ltd. | 0.13% | Add +9.0% | 590,079 | $108.6M |
| Geneva Capital Management LLC | 1.86% | Add +31.1% | 581,801 | $107.0M |
| Northern Trust Corp. | 0.01% | Add +11.3% | 510,041 | $93.8M |
| JPMorgan Chase & Co. | 0.01% | Add +99.3% | 507,014 | $93.3M |
| Charles Schwab Investment Management Inc. | 0.02% | Add +3.5% | 481,416 | $88.6M |
| Fred Alger Management, LLC | 0.42% | Add +5.6% | 481,317 | $88.6M |
| Goldman Sachs Group Inc. | 0.02% | Add +63.5% | 480,363 | $88.4M |
| Franklin Resources Inc. | 0.02% | Add +10.6% | 478,714 | $88.1M |
| Norges Bank | 0.01% | Reduce -7.8% | 443,191 | $81.5M |
| Dimensional Fund Advisors LP | 0.02% | Add +2.8% | 424,796 | $78.2M |
| T. Rowe Price Associates Inc. | 0.01% | Reduce -4.3% | 364,768 | $67.1M |
| Granahan Investment Management, LLC | 2.33% | Add +10.7% | 302,920 | $55.7M |
| Bank of America Corp. | 0.01% | Add +0.4% | 300,269 | $55.2M |
| Nuveen Asset Management, LLC | 0.02% | Add +18.8% | 297,908 | $54.8M |
| Bank of New York Mellon Corp | 0.01% | Reduce -1.8% | 296,573 | $54.6M |
| Fisher Asset Management | 0.02% | Add +1.9% | 265,326 | $48.8M |
| Royal Bank of Canada | 0.01% | Reduce -3.4% | 246,536 | $45.4M |
| Wellington Management Group LLP | 0.01% | Reduce -11.2% | 231,325 | $42.6M |
| Envestnet Asset Management Inc. | 0.01% | Reduce -2.5% | 215,189 | $39.6M |
| American Capital Management Inc. | 1.41% | Add +22.2% | 205,720 | $37.9M |
| Principal Financial Group Inc. | 0.02% | Add +4.9% | 193,403 | $35.6M |
| Assenagon Asset Management S.A. | 0.06% | Add +58.8% | 186,344 | $34.3M |
| D. E. Shaw & Co. | 0.04% | Add +96.5% | 161,954 | $29.8M |
| Federated Hermes, Inc. | 0.06% | Reduce -24.0% | 157,505 | $29.0M |
| Thematics Asset Management | 1.25% | Add +36.5% | 155,452 | $28.6M |
| Disciplined Growth Investors Inc. | 0.54% | Reduce -8.2% | 154,794 | $28.5M |
| California Public Employees Retirement System | 0.02% | Add +121.8% | 150,011 | $27.6M |
| Raymond James Financial Inc. | 0.01% | — | 149,145 | $27.4M |
| Voya Investment Management LLC | 0.03% | Reduce -12.7% | 147,329 | $27.1M |
| Local Pensions Partnership Investment Ltd | 0.50% | — | 145,500 | $26.8M |
| CW Advisors, LLC | 0.35% | Reduce -3.9% | 137,973 | $25.4M |
| Invesco Ltd. | 0.00% | Reduce -70.3% | 134,960 | $24.8M |
| Legal & General Group Plc | 0.01% | Reduce -0.1% | 133,481 | $24.6M |
| Allspring Global Investments Holdings, LLC | 0.04% | Reduce -25.5% | 128,165 | $23.4M |
| Summit Creek Advisors LLC | 3.08% | Add +7.9% | 127,150 | $23.4M |
| Bessemer Group Inc. | 0.04% | Add +4.2% | 125,339 | $23.1M |
| DF Dent & Co. Inc. | 0.29% | Reduce -3.4% | 122,563 | $22.6M |
| Sei Investments Co. | 0.03% | Add +2.1% | 121,078 | $22.3M |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 0.05% | Add +39.6% | 119,915 | $22.1M |
| Stephens Investment Management Group LLC | 0.29% | Add +1.0% | 119,437 | $22.0M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.01% | Add +14.8% | 117,493 | $21.6M |
| Comerica Bank | 0.08% | Add +4.0% | 111,984 | $20.6M |
| Fort Washington Investment Advisors Inc. | 0.12% | Add +12.8% | 109,473 | $20.1M |
| Glenmede Trust Co. NA | 0.10% | Reduce -3.9% | 106,307 | $19.6M |
| EULAV Asset Management | 0.46% | No change | 104,500 | $19.2M |
| Rhumbline Advisers | 0.02% | Add +1.0% | 103,730 | $19.1M |
| WCM Investment Management, LLC | 0.04% | Reduce -1.6% | 100,796 | $18.5M |
| Wells Fargo & Company | 0.00% | Reduce -0.7% | 99,035 | $18.2M |
| Brown Capital Management LLC | 0.42% | New | 98,584 | $18.1M |
| Loomis Sayles & Co. L P | 0.02% | Add +9.9% | 96,956 | $17.8M |
| Public Employees Retirement Association of Colorado | 0.07% | No change | 96,533 | $17.8M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.04% | Reduce -3.0% | 95,640 | $17.6M |
| Arrowstreet Capital, Limited Partnership | 0.01% | Add +24.3% | 95,276 | $17.5M |
| Public Sector Pension Investment Board | 0.07% | Add +18.8% | 93,572 | $17.2M |
| Axiom Investors LLC | 0.12% | Add +1.8% | 88,783 | $16.3M |
| APG Asset Management N.V. | 0.04% | Reduce -86.8% | 89,368 | $15.9M |
| Fenimore Asset Management Inc | 0.33% | Reduce -0.5% | 85,452 | $15.7M |
| Janus Henderson Group PLC | 0.01% | Add +72.8% | 77,361 | $14.2M |
| Deutsche Bank AG | 0.01% | Add +19.1% | 73,162 | $13.5M |
| Swiss National Bank | 0.01% | Add +0.8% | 72,900 | $13.4M |
| Voloridge Investment Management, LLC | 0.05% | Add +18.2% | 72,313 | $13.3M |
| Barclays PLC | 0.01% | Add +4.2% | 69,192 | $12.7M |
| Millennium Management | 0.01% | Reduce -62.7% | 68,710 | $12.6M |
| Hantz Financial Services, Inc. | 0.20% | Reduce -3.2% | 63,330 | $11.7M |
| New York State Common Retirement Fund | 0.02% | Add +50.0% | 62,284 | $11.5M |
| Citigroup Inc. | 0.01% | Add +9.5% | 59,606 | $11.0M |
| Townsquare Capital LLC | 0.12% | Add +0.8% | 57,809 | $10.6M |
| Prudential Financial Inc. | 0.01% | Reduce -11.9% | 57,802 | $10.6M |
| Qube Research & Technologies Ltd | 0.02% | Add +47.1% | 57,736 | $10.6M |
| Handelsbanken Fonder AB | 0.04% | Reduce -1.3% | 55,100 | $10.1M |
| Natixis Advisors, LLC | 0.02% | Reduce -0.3% | 53,084 | $9.8M |
| Pembroke Management, LTD | 1.18% | Reduce -32.0% | 51,360 | $9.4M |
| Acadian Asset Management LLC | 0.03% | Add +539.2% | 50,112 | $9.2M |
| HERALD INVESTMENT MANAGEMENT Ltd | 1.51% | Reduce -5.2% | 50,000 | $9.2M |
| Grandeur Peak Global Advisors, LLC | 0.81% | Add +464.7% | 49,858 | $9.2M |
| Palisades Investment Partners, LLC | 3.85% | Add +9.4% | 49,548 | $9.1M |
| Russell Investments Group, Ltd. | 0.01% | Add +2.7% | 48,232 | $8.9M |
| Nicholas Company, Inc. | 0.14% | No change | 47,904 | $8.8M |
| LPL Financial LLC | 0.00% | Add +13.0% | 46,561 | $8.7M |
| Oberweis Asset Management Inc./ | 0.40% | Add +34.3% | 46,600 | $8.6M |
| Balyasny Asset Management L.P. | 0.02% | New | 42,978 | $7.9M |
| Teacher Retirement System of Texas | 0.03% | Add +2.4% | 40,877 | $7.5M |
| US Bancorp \de | 0.01% | Reduce -9.8% | 40,761 | $7.5M |
| CANADA LIFE ASSURANCE Co | 0.01% | Reduce -2.0% | 40,193 | $7.4M |
| Nicholas Investment Partners, LP | 0.70% | Add +6.8% | 39,239 | $7.2M |
| UBS Group AG | 0.00% | Add +19.9% | 38,434 | $7.1M |
| Moody Aldrich Partners LLC | 1.30% | Reduce -2.7% | 38,039 | $7.0M |
| Pictet Asset Management Holding SA | 0.01% | Add +260.9% | 37,575 | $6.9M |
| Edgestream Partners, L.P. | 0.29% | Reduce -10.1% | 37,542 | $6.9M |
| Man Group plc | 0.02% | Reduce -30.2% | 36,842 | $6.8M |
| Oppenheimer Asset Management Inc. | 0.08% | Reduce -0.0% | 36,429 | $6.7M |
| California State Teachers Retirement System | 0.01% | Reduce -0.9% | 34,728 | $6.4M |
| Hillsdale Investment Management Inc. | 0.29% | Add +0.7% | 30,680 | $5.6M |
| Stifel Financial Corp. | 0.01% | Reduce -1.1% | 30,140 | $5.5M |
| Van Eck Associates Corp. | 0.01% | Add +35.7% | 29,919 | $5.5M |
| Citadel Advisors | 0.01% | Add +18.1% | 29,342 | $5.4M |
| Thrivent Financial for Lutherans | 0.01% | Reduce -0.3% | 29,038 | $5.3M |
| Canada Pension Plan Investment Board | 0.00% | Add +92.0% | 26,500 | $4.9M |
| American Century Companies Inc. | 0.00% | Reduce -83.2% | 25,778 | $4.7M |
| AXA S.A. | 0.01% | Reduce -9.2% | 25,519 | $4.7M |
| Whittier Trust Co. | 0.06% | Add +3.7% | 24,827 | $4.6M |
| Baird Financial Group, Inc. | 0.01% | Reduce -2.6% | 23,566 | $4.3M |
| Cresset Asset Management, LLC | 0.02% | Reduce -58.7% | 23,402 | $4.3M |
| Holocene Advisors, LP | 0.01% | Add +43.3% | 23,167 | $4.3M |
| Healthcare of Ontario Pension Plan Trust Fund | 0.01% | No change | 23,100 | $4.3M |
| Illinois Municipal Retirement Fund | 0.06% | Reduce -4.8% | 23,065 | $4.2M |
| MetLife Investment Management, LLC | 0.02% | Add +6.9% | 22,555 | $4.1M |
| Intech Investment Management LLC | 0.04% | Add +170.5% | 22,038 | $4.1M |
| State of Wisconsin Investment Board | 0.01% | Reduce -5.4% | 22,009 | $4.0M |
| BNP Paribas Financial Markets | 0.00% | Reduce -62.3% | 21,527 | $4.0M |
| State of Alaska, Department of Revenue | 0.04% | Add +0.9% | 21,350 | $3.9M |
| Manufacturers Life Insurance Company, The | 0.00% | Reduce -1.5% | 21,190 | $3.9M |
| HighTower Advisors, LLC | 0.01% | Add +157.2% | 21,161 | $3.9M |
| Pathstone Holdings, LLC | 0.02% | Add +7.4% | 21,127 | $3.9M |
| Los Angeles Capital Management LLC | 0.02% | Reduce -3.7% | 21,083 | $3.9M |
| Renaissance Group LLC | 0.16% | Add +11.1% | 20,425 | $3.8M |
| Corebridge Financial, Inc. | 0.02% | Reduce -6.0% | 20,065 | $3.7M |
| Stratos Wealth Partners, LTD. | 0.05% | Reduce -0.9% | 19,493 | $3.6M |
| Amundi | 0.00% | Add +199.1% | 19,534 | $3.6M |
| EFG Asset Management (North America) Corp. | 0.49% | Add +59.1% | 19,371 | $3.6M |
| Jump Financial, LLC | 0.08% | Add +383.2% | 19,047 | $3.5M |
| Bouvel Investment Partners, LLC | 1.21% | Add +1.1% | 18,258 | $3.4M |
| Louisiana State Employees Retirement System | 0.06% | Add +1.7% | 18,200 | $3.3M |
| B. Metzler seel. Sohn & Co. AG | 0.03% | Add +9.6% | 17,933 | $3.3M |
| Susquehanna International Group, LLP | 0.00% | Add +99.4% | 17,841 | $3.3M |
| Algert Global LLC | 0.08% | Add +86.9% | 17,525 | $3.2M |
| Quantbot Technologies LP | 0.12% | Reduce -16.0% | 17,364 | $3.2M |
| Moody National Bank Trust Division | 0.33% | Reduce -0.0% | 17,201 | $3.2M |
| State of Tennessee, Department of Treasury | 0.01% | Reduce -3.0% | 17,175 | $3.2M |
| Zions Bancorporation, N.A. | 0.19% | Add +18.6% | 16,122 | $3.0M |
| NFJ Investment Group, LLC | 0.10% | Reduce -1.3% | 16,101 | $3.0M |
| Prescott Group Capital Management, L.L.C. | 0.40% | No change | 16,000 | $2.9M |
| Zacks Investment Management | 0.03% | Add +75.4% | 15,869 | $2.9M |
| F/m Investments LLC | 0.11% | Reduce -73.0% | 15,809 | $2.9M |
| Ensign Peak Advisors, Inc | 0.00% | No change | 14,975 | $2.8M |
| Trust Point Inc. | 0.19% | Reduce -28.6% | 14,831 | $2.7M |
| Norden Group LLC | 0.31% | Add +0.1% | 14,829 | $2.7M |
| Public Employees Retirement System of Ohio | 0.01% | Add +22.5% | 14,774 | $2.7M |
| Yousif Capital Management, LLC | 0.03% | Reduce -0.8% | 14,226 | $2.6M |
| Credit Agricole S A | 0.01% | Add +26.4% | 14,106 | $2.6M |
| Kennedy Capital Management LLC | 0.06% | Reduce -0.8% | 14,067 | $2.6M |
| AQR Capital Management | 0.00% | Add +0.5% | 13,859 | $2.5M |
| Marshall Wace, LLP | 0.00% | New | 13,267 | $2.4M |
| Whittier Trust Co. of Nevada Inc. | 0.06% | Add +4.2% | 13,087 | $2.4M |
| State of New Jersey Common Pension Fund D | 0.01% | No change | 12,868 | $2.4M |
| Oak Ridge Investments LLC | 0.19% | Reduce -44.5% | 12,834 | $2.4M |
| E. Ohman J:or Asset Management AB | 0.05% | Add +3.0% | 12,810 | $2.4M |
| New York State Teachers Retirement System | 0.00% | Reduce -19.6% | 12,728 | $2.3M |
| Maryland State Retirement & Pension System | 0.05% | Add +1.0% | 12,651 | $2.3M |
| Redwood Investments, LLC | 0.61% | Add +0.2% | 12,454 | $2.3M |
| Martingale Asset Management L P | 0.05% | Reduce -3.8% | 12,229 | $2.3M |
| Victory Capital Management Inc. | 0.00% | Reduce -26.3% | 12,101 | $2.2M |
| Truist Financial Corp. | 0.00% | Add +8.4% | 11,953 | $2.2M |
| Ironwood Investment Management LLC | 1.09% | Reduce -0.3% | 11,893 | $2.2M |
| Marks Group Wealth Management, Inc | 0.21% | Reduce -0.2% | 11,830 | $2.2M |
| First Hawaiian Bank | 0.07% | Reduce -0.4% | 11,775 | $2.2M |
| Van Hulzen Asset Management, LLC | 0.16% | Add +10.1% | 11,773 | $2.2M |
| Teachers Retirement System of the State of Kentucky | 0.02% | Reduce -35.4% | 11,428 | $2.1M |
| ProShare Advisors LLC | 0.00% | Add +46.3% | 11,357 | $2.1M |
| Captrust Financial Advisors | 0.01% | Reduce -20.1% | 11,121 | $2.0M |
| Amalgamated Bank | 0.02% | Add +0.6% | 11,005 | $2.0M |
| Bank of Montreal | 0.00% | Add +3.6% | 10,992 | $2.0M |
| Daiwa Securities Group Inc. | 0.01% | Reduce -1.8% | 10,834 | $2.0M |
| Arizona State Retirement System | 0.01% | Add +0.9% | 10,755 | $2.0M |
| Schonfeld Strategic Advisors LLC | 0.01% | Add +267.1% | 10,750 | $2.0M |
| McMorgan & Co. LLC | 0.30% | Reduce -0.9% | 10,444 | $1.9M |
| Danske Bank A/S | 0.01% | Add +3.9% | 10,357 | $1.9M |
| MML Investors Services, LLC | 0.01% | Add +6.8% | 10,097 | $1.9M |
| Dana Investment Advisors, Inc. | 0.06% | Add +6.2% | 10,078 | $1.9M |
| LBP Am SA | 0.02% | New | 10,034 | $1.8M |
| Azzad Asset Management Inc. | 0.36% | Reduce -30.0% | 10,023 | $1.8M |
| Focus Financial Network, Inc. | 0.07% | Reduce -17.1% | 9,946 | $1.8M |
| Nebula Research & Development LLC | 0.21% | Add +237.9% | 9,790 | $1.8M |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.01% | Add +11.8% | 9,653 | $1.8M |
| Synovus Financial Corp. | 0.02% | Add +1.2% | 9,430 | $1.7M |
| Linden Thomas Advisory Services, LLC | 0.22% | Add +2.1% | 9,302 | $1.7M |
| STRS Ohio | 0.01% | No change | 9,200 | $1.7M |
| Alliance Wealth Advisors, LLC | 0.44% | Add +3.1% | 9,179 | $1.7M |
| State Board of Administration of Florida Retirement System | 0.00% | Reduce -0.4% | 9,109 | $1.7M |
| Voleon Capital Management LP | 0.12% | — | 8,954 | $1.6M |
| Oregon Public Employees Retirement Fund | 0.03% | Add +1.3% | 8,875 | $1.6M |
| Atria Investments, Inc | 0.02% | Reduce -2.0% | 8,836 | $1.6M |
| Cetera Investment Advisers | 0.00% | Reduce -2.2% | 8,242 | $1.5M |
| Creative Planning | 0.00% | Reduce -18.6% | 8,194 | $1.5M |
| Police & Firemen's Retirement System of New Jersey | 0.01% | — | 8,048 | $1.5M |
| Commonwealth of Pennsylvania Public School Empls Retrmt SYS | 0.01% | Add +1.1% | 8,020 | $1.5M |
| Semanteon Capital Management, LP | 0.79% | New | 8,003 | $1.5M |
| Accredited Investors Inc. | 0.09% | Add +0.2% | 7,927 | $1.5M |
| Numerai GP LLC | 0.40% | Add +486.5% | 7,924 | $1.5M |
| Alberta Investment Management Corp | 0.01% | New | 7,857 | $1.4M |
| Select Equity Group, L.P. | 0.01% | Add +7.0% | 7,850 | $1.4M |
| Avantax Advisory Services, Inc. | 0.01% | Add +15.6% | 7,706 | $1.4M |
| KLP Kapitalforvaltning As | 0.01% | — | 7,700 | $1.4M |
| Laurus Global Equity Management Inc. | 0.70% | No change | 7,340 | $1.4M |
| Integrated Quantitative Investments LLC | 0.65% | — | 7,200 | $1.3M |
| Mercer Global Advisors Inc. | 0.00% | New | 7,143 | $1.3M |
| Ami Asset Management Corp. | 0.07% | Reduce -3.4% | 7,067 | $1.3M |
| Mitsubishi UFJ Asset Management (UK) Ltd. | 0.57% | Add +75.0% | 7,000 | $1.3M |
| Torray Investment Partners LLC | 0.18% | Add +0.8% | 6,767 | $1.2M |
| Portside Wealth Group, LLC | 0.20% | Reduce -1.4% | 6,599 | $1.2M |
| Gotham Asset Management | 0.01% | Reduce -0.6% | 6,312 | $1.2M |
| Envestnet Portfolio Solutions, Inc. | 0.00% | Reduce -10.8% | 6,248 | $1.1M |
| Level Four Advisory Services, LLC | 0.05% | Add +14.2% | 6,101 | $1.1M |
| Amica Mutual Insurance Co. | 0.11% | Add +62.9% | 6,017 | $1.1M |
| Osaic Holdings, Inc. | 0.00% | Reduce -10.9% | 5,918 | $1.1M |
| Vontobel Holding Ltd. | 0.00% | Reduce -18.4% | 5,861 | $1.1M |
| HSBC Holdings PLC | 0.00% | Add +5.3% | 5,729 | $1.1M |
| Jane Street Group, LLC | 0.00% | Reduce -91.6% | 5,721 | $1.1M |
| Mutual of America Capital Management LLC | 0.01% | Add +2.0% | 5,690 | $1.0M |
| First Trust Advisors LP | 0.00% | Add +202.0% | 5,683 | $1.0M |
| Verition Fund Management LLC | 0.01% | Reduce -42.2% | 5,542 | $1.0M |
| Norinchukin Bank, The | 0.02% | Add +42.9% | 5,460 | $1.0M |
| Vanguard Personalized Indexing Management, LLC | 0.01% | Reduce -8.5% | 5,389 | $992K |
| Premier Fund Managers Ltd | 0.04% | No change | 5,401 | $991K |
| PNC Financial Services Group, Inc. | 0.00% | Reduce -11.6% | 5,367 | $987K |
| Legato Capital Management LLC | 0.13% | Add +8.0% | 5,203 | $957K |
| M&T Bank Corp | 0.00% | Reduce -10.2% | 5,201 | $957K |
| Arkadios Wealth Advisors | 0.05% | Reduce -7.4% | 5,014 | $923K |
| Diversify Wealth Management, LLC | 0.07% | Add +37.8% | 4,900 | $878K |
| Praxis Investment Management Inc. | 0.06% | Reduce -15.3% | 4,760 | $876K |
| Choreo, LLC | 0.01% | Reduce -12.8% | 4,622 | $848K |
| Park Avenue Securities LLC | 0.01% | Add +19.1% | 4,528 | $833K |
| Bokf, NA | 0.01% | Add +11.1% | 4,499 | $806K |
| Elevation Point Wealth Partners, LLC | 0.06% | Reduce -0.9% | 4,356 | $801K |
| Yorktown Management & Research Co Inc | 0.77% | No change | 4,330 | $797K |
| BIT Capital GmbH | 0.07% | New | 4,239 | $780K |
| Great Lakes Advisors, LLC | 0.01% | Reduce -4.2% | 4,205 | $774K |
| Keybank National Association | 0.00% | Reduce -4.1% | 4,152 | $764K |
| Intrust Bank NA | 0.08% | Reduce -1.3% | 4,090 | $753K |
| Engineers Gate Manager LP | 0.01% | Reduce -77.8% | 4,087 | $752K |
| Mgo One Seven LLC | 0.03% | Add +19.8% | 4,078 | $750K |
| Henshaw Capital LLC | 0.03% | No change | 4,072 | $749K |
| Lazard Asset Management LLC | 0.00% | Reduce -16.6% | 4,075 | $749K |
| Mirae Asset Global Investments Co., Ltd. | 0.00% | Reduce -27.9% | 3,890 | $721K |
| Ameritas Investment Partners, Inc. | 0.02% | Add +3.6% | 3,894 | $716K |
| Aquatic Capital Management LLC | 0.02% | Reduce -40.4% | 3,813 | $702K |
| Headlands Technologies LLC | 0.07% | Add +31.1% | 3,687 | $678K |
| Commonwealth Equity Services, LLC | 0.00% | Add +36.5% | 3,615 | $665K |
| Smith Group Asset Management, LLC | 0.05% | Add +1.1% | 3,572 | $657K |
| Woodline Partners LP | 0.00% | Reduce -52.3% | 3,565 | $656K |
| Cibc World Markets Corp. | 0.00% | New | 3,527 | $649K |
| Evergreen Capital Management LLC | 0.02% | Reduce -3.0% | 3,525 | $649K |
| Asset Management One Co., Ltd. | 0.00% | New | 3,383 | $628K |
| Magnetar Financial LLC | 0.02% | Add +20.7% | 3,348 | $616K |
| Corient Private Wealth LP | 0.00% | Add +0.1% | 3,319 | $611K |
| Fox Run Management, L.L.C. | 0.11% | Add +1.8% | 3,254 | $599K |
| Aviva PLC | 0.00% | Reduce -3.3% | 3,229 | $594K |
| Blair William & Co. | 0.00% | Reduce -0.5% | 3,209 | $590K |
| AlphaQuest LLC | 0.08% | Reduce -73.7% | 3,167 | $583K |
| Crossmark Global Holdings, Inc. | 0.01% | Reduce -1.8% | 3,160 | $582K |
| Mariner, LLC | 0.00% | Reduce -18.8% | 3,098 | $570K |
| Orion Porfolio Solutions, LLC | 0.01% | Reduce -4.4% | 3,082 | $567K |
| Orion Portfolio Solutions, LLC | 0.01% | Reduce -4.4% | 3,082 | $567K |
| Tudor Investment Corporation | 0.01% | New | 3,021 | $556K |
| Shaker Investments LLC | 0.23% | Add +0.2% | 3,007 | $553K |
| Moran Wealth Management, LLC | 0.02% | Add +7.0% | 2,998 | $552K |
| Lord, Abbett & Co. LLC | 0.00% | Reduce -99.0% | 2,921 | $537K |
| Entropy Technologies, LP | 0.06% | Add +52.2% | 2,916 | $537K |
| O'shaughnessy Asset Management, LLC | 0.00% | Reduce -28.9% | 2,906 | $535K |
| Legacy Advisors, LLC | 0.05% | Add +2.6% | 2,903 | $534K |
| Pitcairn Co. | 0.03% | Reduce -32.3% | 2,819 | $519K |
| &partners | 0.01% | Add +65.0% | 2,755 | $519K |
| Xponance LLC | 0.00% | Add +11.7% | 2,717 | $500K |
| Bayesian Capital Management, LP | 0.06% | New | 2,709 | $498K |
| Hardy Reed LLC | 0.04% | Reduce -0.6% | 2,671 | $491K |
| Sovereign's Capital Management, LLC | 0.31% | — | 2,615 | $481K |
| Sanctuary Advisors, LLC | 0.00% | Reduce -18.7% | 2,522 | $463K |
| Angeles Wealth Management, LLC | 0.04% | Reduce -1.0% | 2,374 | $437K |
| King Luther Capital Management Corp. | 0.00% | Add +0.0% | 2,319 | $427K |
| Benjamin Edwards Inc. | 0.01% | Add +6.3% | 2,246 | $413K |
| Quantinno Capital Management LP | 0.00% | Add +16.4% | 2,241 | $412K |
| Inspire Investing, LLC | 0.04% | Add +2.2% | 2,178 | $401K |
| Aigen Investment Management, LP | 0.07% | Add +64.2% | 2,167 | $399K |
| Wallace Advisory Group, LLC | 0.28% | Reduce -7.5% | 2,052 | $398K |
| New Age Alpha Advisors, LLC | 0.02% | New | 2,103 | $387K |
| Covenant Partners, LLC | 0.12% | Reduce -1.0% | 2,065 | $380K |
| Cerity Partners LLC | 0.00% | Reduce -49.4% | 1,916 | $372K |
| Profund Advisors LLC | 0.01% | Add +0.4% | 1,989 | $366K |
| Precision Wealth Strategies, LLC | 0.28% | Add +1.2% | 1,959 | $360K |
| Leverty Financial Group, LLC | 0.18% | Reduce -1.4% | 1,959 | $360K |
| Janney Montgomery Scott LLC | 0.00% | Reduce -28.8% | 1,868 | $344K |
| Journey Strategic Wealth LLC | 0.01% | Reduce -1.7% | 1,840 | $339K |
| Legacy Wealth Asset Management, LLC | 0.09% | Reduce -10.6% | 1,803 | $332K |
| Lindenwold Advisors, INC | 0.17% | Reduce -0.8% | 1,777 | $327K |
| Olympiad Research LP | 0.34% | Reduce -29.9% | 1,773 | $326K |
| Diversify Advisory Services, LLC | 0.02% | Reduce -3.6% | 1,785 | $320K |
| South Dakota Investment Council | 0.01% | No change | 1,700 | $313K |
| Jefferies Financial Group Inc. | 0.00% | New | 1,649 | $303K |
| Principal Securities, Inc. | 0.01% | Add +16.0% | 1,648 | $303K |
| Campbell & CO Investment Adviser LLC | 0.02% | Reduce -58.9% | 1,647 | $303K |
| Sequoia Financial Advisors, LLC | 0.00% | Add +2.5% | 1,623 | $299K |
| NorthRock Partners, LLC | 0.01% | Reduce -7.7% | 1,598 | $294K |
| Stephens Inc. | 0.00% | Reduce -7.0% | 1,569 | $289K |
| Wealth Alliance, LLC | 0.03% | Reduce -12.6% | 1,561 | $287K |
| Tower Research Capital LLC (TRC) | 0.01% | Reduce -42.0% | 1,535 | $282K |
| KBC Group NV | 0.00% | Add +41.9% | 1,527 | $281K |
| Wealth Enhancement Advisory Services, LLC | 0.00% | Add +14.7% | 1,510 | $278K |
| Fifth Third Bancorp | 0.00% | Reduce -5.6% | 1,508 | $277K |
| Cynosure Group, LLC | 0.04% | Reduce -26.5% | 1,494 | $275K |
| Shelton Capital Management | 0.01% | Reduce -5.2% | 1,448 | $266K |
| Sherbrooke Park Advisers LLC | 0.08% | New | 1,441 | $265K |
| Canandaigua National Bank & Trust Co. | 0.03% | Reduce -6.8% | 1,436 | $264K |
| DekaBank Deutsche Girozentrale | 0.00% | No change | 1,442 | $263K |
| Prelude Capital Management, LLC | 0.02% | Reduce -45.6% | 1,418 | $261K |
| Marco Investment Management LLC | 0.02% | No change | 1,400 | $258K |
| QRG Capital Management, Inc. | 0.00% | New | 1,397 | $257K |
| Susquehanna Fundamental Investments, LLC | 0.00% | — | 1,391 | $256K |
| Private Advisor Group, LLC | 0.00% | Reduce -19.1% | 1,382 | $254K |
| Gsa Capital Partners LLP | 0.02% | New | 1,374 | $253K |
| Hilltop Holdings Inc. | 0.02% | Add +0.3% | 1,368 | $252K |
| Quadrant Capital Group LLC | 0.02% | Reduce -29.1% | 1,343 | $247K |
| Compass Ion Advisors, LLC | 0.03% | No change | 1,338 | $246K |
| Wedbush Securities Inc. | 0.01% | New | 1,328 | $244K |
| Schroder Investment Management Group | 0.00% | Reduce -74.2% | 1,327 | $243K |
| Dark Forest Capital Management LP | 0.04% | New | 1,314 | $242K |
| Allianz Asset Management GmbH | 0.00% | Reduce -18.8% | 1,300 | $239K |
| Nisa Investment Advisors, LLC | 0.00% | Add +3.4% | 1,295 | $238K |
| Smartleaf Asset Management LLC | 0.02% | Add +57.0% | 1,284 | $236K |
| Vestmark Advisory Solutions, Inc. | 0.01% | Add +6.0% | 1,255 | $231K |
| NewEdge Wealth, LLC | 0.00% | Add +3.5% | 1,255 | $231K |
| Quadrature Capital Ltd | 0.00% | Reduce -63.0% | 1,229 | $226K |
| Summitry LLC | 0.01% | New | 1,205 | $222K |
| Fifth Third Wealth Advisors LLC | 0.01% | No change | 1,203 | $221K |
| Hancock Whitney Corp. | 0.01% | Add +8.3% | 1,193 | $220K |
| Ethic Inc. | 0.00% | Add +3.2% | 1,178 | $217K |
| Vident Advisory, LLC | 0.00% | Reduce -54.6% | 1,147 | $211K |
| Defined Financial Planning LLC | 0.22% | — | 1,144 | $210K |
| Coldstream Capital Management Inc. | 0.00% | Reduce -7.1% | 1,137 | $209K |
| CIBC Asset Management Inc | 0.00% | Add +4.9% | 1,137 | $209K |
| Postrock Partners LLC | 0.10% | — | 1,134 | $209K |
| State of Wyoming | 0.03% | Reduce -3.7% | 1,130 | $208K |
| Sage Rhino Capital LLC | 0.04% | Reduce -0.5% | 1,122 | $206K |
| Parkside Financial Bank & Trust | 0.03% | Reduce -9.3% | 1,119 | $206K |
| Alamar Capital Management, LLC | 0.11% | No change | 1,100 | $202K |
| Dakota Wealth Management | 0.00% | Add +2.7% | 1,097 | $202K |
| Icon Wealth Advisors, LLC | 0.02% | Reduce -6.8% | 1,084 | $199K |
| Harbor Capital Advisors, Inc. | 0.01% | Add +18.2% | 1,040 | $191K |
| Central Pacific Bank - Trust Division | 0.03% | Add +13.5% | 1,010 | $186K |
| Park Place Capital Corp | 0.05% | Reduce -4.3% | 963 | $177K |
| Ostrum Asset Management | 0.01% | Add +293.3% | 940 | $173K |
| Raiffeisen Bank International AG | 0.00% | — | 917 | $168K |
| Globeflex Capital L P | 0.01% | Reduce -6.3% | 907 | $167K |
| Jones Financial Companies LLLP | 0.00% | Add +706.9% | 823 | $151K |
| Concourse Financial Group Securities, Inc. | 0.01% | Reduce -7.1% | 769 | $149K |
| Huntington National Bank | 0.00% | Add +68.1% | 748 | $138K |
| High Note Wealth, LLC | 0.04% | Reduce -65.2% | 748 | $138K |
| Covestor Ltd | 0.08% | Add +4.4% | 708 | $130K |
| Pacer Advisors, Inc. | 0.00% | Reduce -2.0% | 700 | $129K |
| Exchange Traded Concepts, LLC | 0.00% | Add +6.1% | 699 | $129K |
| GAMMA Investing LLC | 0.01% | Reduce -42.0% | 685 | $126K |
| Simplex Trading, LLC | 0.00% | New | 679 | $124K |
| AdvisorNet Financial, Inc | 0.01% | Reduce -1.3% | 673 | $124K |
| Hilltop National Bank | 0.04% | Reduce -8.0% | 657 | $121K |
| Natixis Investment Managers International | 0.01% | Add +55.7% | 632 | $116K |
| JNBA Financial Advisors | 0.01% | No change | 600 | $110K |
| Group One Trading LLC | 0.00% | New | 552 | $102K |
| Amica Retiree Medical Trust | 0.09% | Add +19.4% | 518 | $95K |
| First Horizon Advisors, Inc. | 0.00% | Reduce -26.4% | 491 | $90K |
| Clearstead Advisors, LLC | 0.00% | Reduce -35.5% | 467 | $86K |
| CIBC Private Wealth Group LLC | 0.00% | No change | 438 | $80K |
| Harbor Investment Advisory, LLC | 0.01% | No change | 404 | $74K |
| Northwestern Mutual Wealth Management Co. | 0.00% | Add +3.2% | 389 | $72K |
| Johnson Financial Group, Inc. | 0.00% | New | 380 | $70K |
| Trust Co. of Vermont | 0.00% | New | 375 | $69K |
| Avior Wealth Management, LLC | 0.00% | Add +4.9% | 367 | $68K |
| Cwm, LLC | 0.00% | Reduce -12.9% | 365 | $67K |
| Archer Investment Corp | 0.02% | No change | 353 | $65K |
| R Squared Ltd | 0.06% | — | 310 | $57K |
| Arcadia Investment Management Corp. | 0.01% | New | 310 | $57K |
| Signaturefd, LLC | 0.00% | Reduce -7.5% | 309 | $57K |
| MAI Capital Management | 0.00% | New | 300 | $55K |
| Advisors Asset Management, Inc. | 0.00% | Add +58.8% | 281 | $52K |
| Oarsman Capital, Inc. | 0.01% | Add +8.8% | 260 | $48K |
| Parallel Advisors, LLC | 0.00% | Reduce -1.9% | 260 | $48K |
| Blue Trust, Inc. | 0.00% | Add +49.1% | 255 | $47K |
| EverSource Wealth Advisors, LLC | 0.00% | Reduce -3.8% | 252 | $46K |
| Harbour Investments, Inc. | 0.00% | No change | 237 | $44K |
| CVA Family Office, LLC | 0.01% | No change | 232 | $43K |
| Hurley Capital, LLC | 0.03% | — | 222 | $41K |
| RiverPark Advisors, LLC | 0.03% | Reduce -49.3% | 383 | $41K |
| SBI Securities Co., Ltd. | 0.00% | — | 216 | $40K |
| Global Retirement Partners, LLC | 0.00% | Reduce -15.1% | 203 | $37K |
| GeoWealth Management, LLC | 0.00% | No change | 185 | $34K |
| UMB Bank, n.a. | 0.00% | Reduce -18.2% | 171 | $31K |
| Caitlin John, LLC | 0.02% | Add +0.6% | 165 | $30K |
| Caitong International Asset Management Co., Ltd | 0.03% | — | 147 | $27K |
| Spire Wealth Management | 0.00% | New | 120 | $22K |
| Mitsubishi UFJ Asset Management Co., Ltd. | 0.00% | No change | 110 | $21K |
| V-Square Quantitative Management LLC | 0.00% | New | 109 | $20K |
| Federation des caisses Desjardins du Quebec | 0.00% | No change | 100 | $18K |
| MassMutual Private Wealth & Trust, FSB | 0.00% | Reduce -22.1% | 99 | $18K |
| Geneos Wealth Management Inc. | 0.00% | No change | 96 | $18K |
| Key Financial Inc | 0.00% | No change | 82 | $15K |
| Rise Advisors, LLC | 0.01% | No change | 81 | $15K |
| Mather Group, Llc. | 0.00% | Add +381.3% | 77 | $14K |
| Steward Partners Investment Advisory, LLC | 0.00% | New | 77 | $14K |
| Bell Investment Advisors, Inc | 0.00% | No change | 70 | $13K |
| Venturi Wealth Management, LLC | 0.00% | Reduce -12.7% | 69 | $13K |
| Farther Finance Advisors, LLC | 0.00% | Reduce -23.6% | 68 | $13K |
| Golden State Wealth Management, LLC | 0.00% | — | 67 | $12K |
| CI Investments Inc. | 0.00% | Reduce -1.5% | 67 | $12K |
| Allworth Financial LP | 0.00% | Reduce -9.2% | 59 | $11K |
| WPG Advisers, LLC | 0.01% | — | 55 | $10K |
| Aventura Private Wealth, LLC | 0.01% | — | 55 | $10K |
| LGT Financial Advisors LLC | 0.02% | No change | 54 | $10K |
| Anchor Investment Management, LLC | 0.00% | No change | 50 | $9K |
| Bogart Wealth, LLC | 0.00% | Add +33.3% | 48 | $9K |
| Pacific Center for Financial Services | 0.00% | No change | 44 | $8K |
| Sterling Capital Management LLC | 0.00% | No change | 38 | $7K |
| Cullen/Frost Bankers, Inc. | 0.00% | Reduce -69.2% | 37 | $7K |
| Financial Network Wealth Advisors LLC | 0.01% | No change | 36 | $7K |
| NewEdge Advisors, LLC | 0.00% | No change | 35 | $6K |
| Tucker Asset Management LLC | 0.00% | Reduce -22.7% | 34 | $6K |
| Private Wealth Management Group, LLC | 0.00% | Reduce -21.4% | 33 | $6K |
| Cetera Trust Company, N.A | 0.00% | No change | 32 | $6K |
| Rothschild Investment LLC | 0.00% | Reduce -21.9% | 32 | $6K |
| Private Trust Co. NA | 0.00% | Reduce -42.6% | 31 | $6K |
| Washington Trust Advisors, Inc. | 0.00% | Add +66.7% | 30 | $6K |
| Wolff Wiese Magana LLC | 0.00% | No change | 29 | $5K |
| Lindbrook Capital, LLC | 0.00% | Reduce -63.8% | 29 | $5K |
| Capital Advisors, Ltd. LLC | 0.00% | Add +8.7% | 25 | $5K |
| Farmers & Merchants Investments Inc. | 0.00% | No change | 26 | $5K |
| 2UniFi Bank | 0.00% | — | 25 | $5K |
| Financial Perspectives, Inc | 0.00% | No change | 25 | $5K |
| IFP Advisors, Inc | 0.00% | Reduce -5.3% | 18 | $4K |
| Continuum Advisory, LLC | 0.00% | Add +90.0% | 19 | $3K |
| Assetmark, Inc. | 0.00% | New | 16 | $3K |
| LRI Investments, LLC | 0.00% | Reduce -30.4% | 16 | $3K |
| First Financial Corp. | 0.00% | No change | 15 | $3K |
| Center for Financial Planning, Inc. | 0.00% | New | 12 | $2K |
| TD Private Client Wealth LLC | 0.00% | No change | 12 | $2K |
| Bellevue Asset Management, LLC | 0.00% | Add +57.1% | 11 | $2K |
| Crowley Wealth Management, Inc. | 0.00% | — | 10 | $2K |
| Versant Capital Management, Inc | 0.00% | Reduce -59.1% | 9 | $2K |
| Arax Advisory Partners | 0.00% | New | 7 | $1K |
| Hexagon Capital Partners LLC | 0.00% | New | 6 | $1K |
| Avion Wealth | 0.00% | No change | 9 | $1K |
| Migdal Insurance & Financial Holdings Ltd. | 0.00% | Reduce -78.6% | 3 | $1K |
| Concord Wealth Partners | 0.00% | No change | 5 | $920 |
| Riggs Asset Managment Co. Inc. | 0.00% | No change | 4 | $734 |
| Abound Wealth Management | 0.00% | No change | 2 | $368 |
| Parkworth Wealth Management, Inc. | 0.00% | — | 1 | $184 |
| Brooklyn Investment Group | 0.00% | New | 1 | $184 |
| JFS Wealth Advisors, LLC | 0.00% | No change | 1 | $184 |
| Grove Bank & Trust | 0.00% | New | 1 | $184 |
| Larson Financial Group LLC | 0.00% | No change | 1 | $184 |
| Hemington Wealth Management | 0.00% | Reduce -55.6% | 4 | $0 |
"% of holder's portfolio" is SPSC's weight in each manager's 13F, not the share of SPS Commerce Inc. the manager owns.