SPS CommerceSPSC
13F holders, Q2 2025 (June 30)At the end of Q2 2025, 451 institutions reported holding SPS Commerce Inc. (SPSC) in their 13F filings, up 3 from Q1 2025. 53 opened new positions and 48 sold out. The largest holders were BlackRock, Inc. ($784.4M), Vanguard Group Inc. ($639.0M) and State Street Corp. ($199.5M). 8 famous investors held it, including Paul Tudor Jones (0.0% of Tudor Investment Corporation's portfolio), David E. Shaw (0.0% of D. E. Shaw & Co.'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 Q1 2025 → Q2 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 53 | $86.0M |
| Exits | 48 | $55.3M |
All 13F filers, Q1 2025 → Q2 2025: 3,579,030 shares bought and 2,986,833 shares sold, net +592,197 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 451 holders
| BlackRock, Inc. | 0.01% | Reduce -1.6% | 5,763,681 | $784.4M |
| Vanguard Group Inc. | 0.01% | Add +2.0% | 4,695,098 | $639.0M |
| State Street Corp. | 0.01% | Reduce -0.5% | 1,465,823 | $199.5M |
| Nordea Investment Management AB | 0.16% | Add +505.3% | 1,330,237 | $177.6M |
| Conestoga Capital Advisors, LLC | 2.52% | Reduce -0.8% | 1,250,742 | $170.2M |
| FMR LLC | 0.01% | Add +5.8% | 1,234,163 | $168.0M |
| Neuberger Berman Group LLC | 0.12% | Reduce -29.6% | 1,113,461 | $151.5M |
| Geode Capital Management, LLC | 0.01% | Add +1.3% | 975,890 | $132.8M |
| Morgan Stanley | 0.01% | Add +12.7% | 936,160 | $127.4M |
| Kayne Anderson Rudnick Investment Management LLC | 0.27% | Reduce -5.9% | 835,215 | $113.7M |
| Macquarie Group Ltd. | 0.11% | Add +2.5% | 638,615 | $86.9M |
| Geneva Capital Management LLC | 1.41% | Add +7.5% | 619,031 | $84.2M |
| JPMorgan Chase & Co. | 0.00% | Reduce -2.0% | 522,880 | $71.2M |
| Riverbridge Partners LLC | 1.14% | Reduce -12.5% | 518,420 | $70.6M |
| Charles Schwab Investment Management Inc. | 0.01% | Add +4.5% | 505,308 | $68.8M |
| Northern Trust Corp. | 0.01% | Reduce -2.3% | 501,722 | $68.3M |
| Fred Alger Management, LLC | 0.30% | Add +23.1% | 487,176 | $66.1M |
| Dimensional Fund Advisors LP | 0.01% | Add +1.4% | 454,100 | $61.8M |
| Bank of America Corp. | 0.00% | Add +14.6% | 425,573 | $57.9M |
| Disciplined Growth Investors Inc. | 1.11% | Add +188.0% | 425,126 | $57.9M |
| Norges Bank | 0.01% | Reduce -13.0% | 422,812 | $57.5M |
| Ameriprise Financial Inc. | 0.01% | Reduce -0.5% | 386,380 | $52.6M |
| Granahan Investment Management, LLC | 2.06% | Reduce -7.7% | 372,431 | $50.7M |
| Bank of New York Mellon Corp | 0.01% | Add +5.9% | 350,851 | $47.7M |
| Nuveen, LLC | 0.01% | Reduce -6.5% | 264,336 | $36.0M |
| Royal Bank of Canada | 0.01% | Add +1.9% | 263,227 | $35.8M |
| Brown Capital Management LLC | 1.03% | Reduce -2.1% | 261,295 | $35.6M |
| American Capital Management Inc. | 1.31% | Reduce -11.8% | 232,467 | $31.6M |
| Fiera Capital Corp | 0.11% | Reduce -2.5% | 230,002 | $31.3M |
| T. Rowe Price Associates Inc. | 0.00% | Reduce -20.0% | 215,024 | $29.3M |
| Capital World Investors | 0.00% | New | 214,469 | $29.2M |
| Fisher Asset Management | 0.01% | Reduce -15.0% | 212,175 | $28.9M |
| Principal Financial Group Inc. | 0.01% | Add +3.5% | 206,652 | $28.1M |
| Silvercrest Asset Management Group LLC | 0.18% | Add +96.7% | 195,501 | $26.6M |
| Squarepoint Ops LLC | 0.06% | Reduce -13.9% | 194,167 | $26.4M |
| Wellington Management Group LLP | 0.00% | Reduce -25.0% | 185,801 | $25.3M |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 0.06% | Reduce -10.9% | 181,986 | $24.8M |
| Goldman Sachs Group Inc. | 0.00% | Reduce -4.8% | 180,796 | $24.6M |
| Franklin Resources Inc. | 0.01% | Reduce -49.8% | 180,154 | $24.5M |
| Envestnet Asset Management Inc. | 0.01% | Reduce -14.3% | 175,800 | $23.9M |
| Local Pensions Partnership Investment Ltd | 0.44% | No change | 175,500 | $23.9M |
| Thematics Asset Management | 1.07% | No change | 175,190 | $23.8M |
| DF Dent & Co. Inc. | 0.28% | Add +0.1% | 163,518 | $22.3M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Add +41.1% | 160,441 | $21.8M |
| Congress Asset Management Co. | 0.14% | Reduce -77.9% | 154,129 | $21.0M |
| APG Asset Management N.V. | 0.06% | Add +106.4% | 177,476 | $20.6M |
| Walleye Capital LLC | 0.21% | New | 148,800 | $20.3M |
| California Public Employees Retirement System | 0.01% | Reduce -10.7% | 146,501 | $19.9M |
| Summit Creek Advisors LLC | 2.77% | Add +3.9% | 146,342 | $19.9M |
| D. E. Shaw & Co. | 0.02% | Reduce -33.6% | 137,521 | $18.7M |
| Legal & General Group Plc | 0.00% | Add +0.5% | 134,338 | $18.3M |
| Fort Washington Investment Advisors Inc. | 0.10% | Add +0.1% | 129,932 | $17.7M |
| Public Sector Pension Investment Board | 0.08% | Add +7.5% | 129,429 | $17.6M |
| Fenimore Asset Management Inc | 0.34% | Reduce -0.1% | 123,852 | $16.9M |
| Millennium Management | 0.02% | Add +381.4% | 122,144 | $16.6M |
| Jane Street Group, LLC | 0.03% | Add +193.7% | 122,054 | $16.6M |
| Sei Investments Co. | 0.02% | Reduce -2.1% | 121,063 | $16.5M |
| Comerica Bank | 0.06% | Add +0.2% | 120,986 | $16.5M |
| Voloridge Investment Management, LLC | 0.06% | Reduce -49.4% | 120,693 | $16.4M |
| Invesco Ltd. | 0.00% | Reduce -7.9% | 120,278 | $16.4M |
| New York State Common Retirement Fund | 0.02% | No change | 116,361 | $15.8M |
| Arrowstreet Capital, Limited Partnership | 0.01% | Reduce -1.0% | 112,329 | $15.3M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.03% | Add +13.2% | 109,757 | $14.9M |
| Barclays PLC | 0.01% | Add +110.9% | 108,595 | $14.8M |
| Stephens Investment Management Group LLC | 0.19% | Add +0.1% | 108,229 | $14.7M |
| Rhumbline Advisers | 0.01% | Add +2.9% | 107,500 | $14.6M |
| Federated Hermes, Inc. | 0.03% | Reduce -0.1% | 106,875 | $14.5M |
| Wells Fargo & Company | 0.00% | Add +29.0% | 106,173 | $14.4M |
| Qube Research & Technologies Ltd | 0.02% | Add +18.7% | 104,928 | $14.3M |
| EULAV Asset Management | 0.33% | No change | 104,500 | $14.2M |
| Allspring Global Investments Holdings, LLC | 0.02% | Reduce -13.7% | 98,152 | $13.6M |
| Glenmede Investment Management, LP | 0.07% | — | 100,127 | $13.6M |
| BNP Paribas Financial Markets | 0.01% | Add +41.7% | 96,522 | $13.1M |
| Grandeur Peak Global Advisors, LLC | 1.46% | Add +17.0% | 88,911 | $12.1M |
| Deutsche Bank AG | 0.00% | Reduce -18.5% | 86,693 | $11.8M |
| Alliancebernstein L.P. | 0.00% | Add +6.3% | 81,775 | $11.1M |
| Loomis Sayles & Co. L P | 0.01% | Reduce -15.1% | 80,464 | $11.0M |
| M&G PLC | 0.06% | Add +0.0% | 78,881 | $10.7M |
| Janus Henderson Group PLC | 0.00% | Reduce -13.9% | 73,279 | $10.0M |
| Swiss National Bank | 0.01% | Reduce -0.4% | 72,600 | $9.9M |
| Raymond James Financial Inc. | 0.00% | Add +2.5% | 71,502 | $9.7M |
| Assenagon Asset Management S.A. | 0.02% | Add +35.3% | 70,544 | $9.6M |
| CANADA LIFE ASSURANCE Co | 0.02% | Reduce -2.4% | 70,421 | $9.6M |
| Public Employees Retirement Association of Colorado | 0.04% | No change | 69,833 | $9.5M |
| Edgestream Partners, L.P. | 0.25% | Add +79.8% | 66,730 | $9.1M |
| Jump Financial, LLC | 0.11% | Add +33.0% | 65,484 | $8.9M |
| Russell Investments Group, Ltd. | 0.01% | Add +9.5% | 62,219 | $8.5M |
| Prudential Financial Inc. | 0.01% | Add +3.9% | 59,086 | $8.0M |
| Lazard Asset Management LLC | 0.01% | Add +52.8% | 58,280 | $7.9M |
| Select Equity Group, L.P. | 0.03% | Add +15.3% | 55,318 | $7.5M |
| Nicholas Company, Inc. | 0.13% | Add +3.3% | 54,948 | $7.5M |
| Susquehanna International Group, LLP | 0.01% | Add +16.0% | 54,312 | $7.4M |
| LPL Financial LLC | 0.00% | Add +8.4% | 54,230 | $7.4M |
| FIL Ltd | 0.01% | Add +32.3% | 53,646 | $7.3M |
| Man Group plc | 0.02% | Add +0.1% | 52,719 | $7.2M |
| UBS Group AG | 0.00% | Add +37.5% | 50,639 | $6.9M |
| Renaissance Group LLC | 0.26% | Add +30.8% | 49,454 | $6.7M |
| Palisades Investment Partners, LLC | 2.91% | Reduce -2.9% | 48,913 | $6.7M |
| CW Advisors, LLC | 0.06% | Reduce -61.3% | 48,828 | $6.6M |
| HERALD INVESTMENT MANAGEMENT Ltd | 0.96% | No change | 47,500 | $6.5M |
| Hillsdale Investment Management Inc. | 0.22% | Add +38.0% | 43,600 | $5.9M |
| Holocene Advisors, LP | 0.01% | Add +3.2% | 43,242 | $5.9M |
| Canada Pension Plan Investment Board | 0.00% | Add +154.8% | 42,300 | $5.8M |
| Teacher Retirement System of Texas | 0.02% | Add +10.7% | 41,504 | $5.6M |
| Citigroup Inc. | 0.00% | Reduce -35.0% | 39,365 | $5.4M |
| Balyasny Asset Management L.P. | 0.01% | Add +26.0% | 38,990 | $5.3M |
| Advantage Alpha Capital Partners LP | 1.41% | Reduce -16.0% | 38,355 | $5.2M |
| Voya Investment Management LLC | 0.01% | Reduce -15.8% | 37,028 | $5.0M |
| Moody Aldrich Partners LLC | 0.96% | Reduce -1.5% | 36,303 | $4.9M |
| RGM Capital, LLC | 0.20% | New | 36,240 | $4.9M |
| AQR Capital Management | 0.00% | Add +156.4% | 36,240 | $4.9M |
| California State Teachers Retirement System | 0.01% | No change | 36,157 | $4.9M |
| Campbell & CO Investment Adviser LLC | 0.30% | New | 35,030 | $4.8M |
| American Century Companies Inc. | 0.00% | Add +487.9% | 33,162 | $4.5M |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 0.01% | Add +15.1% | 32,939 | $4.5M |
| Axiom Investors LLC | 0.04% | Reduce -5.8% | 32,271 | $4.4M |
| Natixis Advisors, LLC | 0.01% | Reduce -32.8% | 29,888 | $4.1M |
| US Bancorp \de | 0.01% | Reduce -18.3% | 29,323 | $4.0M |
| Two Sigma Investments, LP | 0.01% | New | 29,000 | $3.9M |
| Stanley-Laman Group, Ltd. | 0.58% | Add +20.6% | 28,639 | $3.9M |
| Thrivent Financial for Lutherans | 0.01% | Add +0.2% | 27,925 | $3.8M |
| Van Eck Associates Corp. | 0.00% | Reduce -16.0% | 27,829 | $3.8M |
| Algert Global LLC | 0.08% | No change | 26,995 | $3.7M |
| Tudor Investment Corporation | 0.03% | Add +67.6% | 26,913 | $3.7M |
| EFG Asset Management (North America) Corp. | 0.52% | Add +57.3% | 26,857 | $3.7M |
| Quantbot Technologies LP | 0.09% | Add +125.7% | 26,154 | $3.6M |
| Whittier Trust Co. | 0.04% | Add +1.6% | 25,698 | $3.5M |
| Stifel Financial Corp. | 0.00% | Add +0.7% | 25,545 | $3.5M |
| HSBC Holdings PLC | 0.00% | Add +356.0% | 25,480 | $3.4M |
| Oppenheimer Asset Management Inc. | 0.04% | Reduce -30.2% | 25,068 | $3.4M |
| Illinois Municipal Retirement Fund | 0.05% | Add +3.5% | 24,435 | $3.3M |
| Bank of Montreal | 0.00% | Add +95.6% | 24,403 | $3.3M |
| State of Wisconsin Investment Board | 0.01% | Add +9.1% | 24,144 | $3.3M |
| Intech Investment Management LLC | 0.03% | Add +0.7% | 23,969 | $3.3M |
| Cresset Asset Management, LLC | 0.02% | Reduce -1.1% | 23,371 | $3.2M |
| Moody National Bank Trust Division | 0.28% | Reduce -0.0% | 22,722 | $3.1M |
| MetLife Investment Management, LLC | 0.02% | Add +3.1% | 22,712 | $3.1M |
| State of Alaska, Department of Revenue | 0.03% | Add +7.5% | 22,603 | $3.1M |
| Pathstone Holdings, LLC | 0.01% | Add +7.1% | 22,328 | $3.0M |
| Manufacturers Life Insurance Company, The | 0.00% | Reduce -4.5% | 20,713 | $2.8M |
| Bridge City Capital, LLC | 0.78% | Reduce -1.3% | 20,554 | $2.8M |
| Y-Intercept (Hong Kong) Ltd | 0.07% | New | 20,034 | $2.7M |
| Synovus Financial Corp. | 0.03% | Add +1.9% | 19,629 | $2.7M |
| Creative Planning | 0.00% | Add +10.5% | 18,515 | $2.5M |
| Nicholas Investment Partners, LP | 0.24% | Reduce -4.2% | 18,000 | $2.4M |
| Susquehanna Portfolio Strategies, LLC | 0.05% | New | 17,886 | $2.4M |
| Louisiana State Employees Retirement System | 0.04% | Reduce -1.1% | 17,700 | $2.4M |
| Zions Bancorporation, National Association | 0.13% | Add +4.5% | 17,618 | $2.4M |
| ExodusPoint Capital Management, LP | 0.03% | Reduce -6.6% | 17,373 | $2.4M |
| State of Tennessee, Department of Treasury | 0.01% | Add +4.6% | 17,133 | $2.3M |
| Johnson Investment Counsel Inc. | 0.02% | Add +22.7% | 16,792 | $2.3M |
| Citadel Advisors | 0.00% | Reduce -59.7% | 16,662 | $2.3M |
| Marshall Wace, LLP | 0.00% | Add +53.3% | 15,754 | $2.1M |
| Zacks Investment Management | 0.02% | Reduce -1.9% | 15,669 | $2.1M |
| Capital Fund Management S.A. | 0.02% | New | 15,366 | $2.1M |
| Stratos Wealth Partners, LTD. | 0.03% | Reduce -5.2% | 15,272 | $2.1M |
| F/m Investments LLC | 0.08% | Add +0.1% | 15,257 | $2.1M |
| Public Employees Retirement System of Ohio | 0.01% | Add +0.1% | 14,804 | $2.0M |
| Caxton Associates LLP | 0.05% | New | 14,745 | $2.0M |
| Ensign Peak Advisors, Inc | 0.00% | Reduce -4.3% | 14,325 | $1.9M |
| Verition Fund Management LLC | 0.01% | Add +25.3% | 14,243 | $1.9M |
| Yousif Capital Management, LLC | 0.02% | Add +1.1% | 14,229 | $1.9M |
| McMorgan & Co. LLC | 0.28% | Add +37.3% | 14,201 | $1.9M |
| Whittier Trust Co. of Nevada Inc. | 0.04% | Add +3.1% | 14,135 | $1.9M |
| Daiwa Securities Group Inc. | 0.01% | Reduce -1.1% | 13,763 | $1.9M |
| State of New Jersey Common Pension Fund D | 0.01% | Reduce -7.7% | 12,930 | $1.8M |
| New York State Teachers Retirement System | 0.00% | Add +0.8% | 12,828 | $1.7M |
| E. Ohman J:or Asset Management AB | 0.04% | No change | 12,810 | $1.7M |
| Kennedy Capital Management LLC | 0.04% | Reduce -5.3% | 12,699 | $1.7M |
| Marks Group Wealth Management, Inc | 0.15% | No change | 11,830 | $1.6M |
| Ironwood Investment Management LLC | 0.77% | Reduce -3.4% | 11,628 | $1.6M |
| Maryland State Retirement & Pension System | 0.03% | Add +0.9% | 11,161 | $1.5M |
| Captrust Financial Advisors | 0.00% | Add +11.2% | 11,127 | $1.5M |
| Arizona State Retirement System | 0.01% | Add +3.1% | 11,086 | $1.5M |
| Quantinno Capital Management LP | 0.01% | Add +202.0% | 11,078 | $1.5M |
| Prescott Group Capital Management, L.L.C. | 0.18% | No change | 11,000 | $1.5M |
| Sterling Capital Management LLC | 0.02% | Add +86.7% | 10,866 | $1.5M |
| Van Hulzen Asset Management, LLC | 0.12% | Reduce -4.4% | 10,858 | $1.5M |
| Amalgamated Bank | 0.01% | Reduce -0.0% | 10,809 | $1.5M |
| Dana Investment Advisors, Inc. | 0.05% | Reduce -3.8% | 10,789 | $1.5M |
| Torray Investment Partners LLC | 0.21% | Reduce -0.2% | 10,764 | $1.5M |
| Truist Financial Corp. | 0.00% | Add +1.7% | 10,715 | $1.5M |
| Teachers Retirement System of the State of Kentucky | 0.01% | Reduce -6.2% | 10,716 | $1.5M |
| Martingale Asset Management L P | 0.04% | No change | 10,526 | $1.4M |
| Cetera Investment Advisers | 0.00% | Add +4.8% | 10,441 | $1.4M |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.00% | Add +3.5% | 10,413 | $1.4M |
| Jain Global LLC | 0.02% | Add +490.1% | 10,233 | $1.4M |
| First Trust Advisors LP | 0.00% | Add +83.2% | 10,132 | $1.4M |
| Renaissance Technologies | 0.00% | Reduce -41.0% | 10,060 | $1.4M |
| MML Investors Services, LLC | 0.00% | Reduce -6.6% | 9,940 | $1.4M |
| Handelsbanken Fonder AB | 0.00% | Reduce -10.8% | 9,900 | $1.3M |
| Sovereign's Capital Management, LLC | 0.72% | Add +19.3% | 9,893 | $1.3M |
| Commonwealth of Pennsylvania Public School Empls Retrmt SYS | 0.01% | Add +7.4% | 9,750 | $1.3M |
| Vanguard Personalized Indexing Management, LLC | 0.01% | Add +43.4% | 9,550 | $1.3M |
| Linden Thomas Advisory Services, LLC | 0.14% | Reduce -0.2% | 9,553 | $1.3M |
| Azzad Asset Management Inc. | 0.14% | Reduce -5.2% | 9,544 | $1.3M |
| Numerai GP LLC | 0.18% | Reduce -67.1% | 9,413 | $1.3M |
| Buckhead Capital Management LLC | 0.49% | New | 9,343 | $1.3M |
| Dark Forest Capital Management LP | 0.05% | Add +47.9% | 9,245 | $1.3M |
| State Board of Administration of Florida Retirement System | 0.00% | No change | 9,109 | $1.2M |
| Atria Investments, Inc | 0.01% | Add +3.1% | 9,050 | $1.2M |
| Oregon Public Employees Retirement Fund | 0.02% | No change | 8,703 | $1.2M |
| Police & Firemen's Retirement System of New Jersey | 0.01% | Add +8.0% | 8,695 | $1.2M |
| Norden Group LLC | 0.13% | Reduce -20.2% | 8,626 | $1.2M |
| B. Metzler seel. Sohn & Co. AG | 0.01% | Reduce -57.1% | 8,584 | $1.2M |
| Brevan Howard Capital Management LP | 0.01% | New | 8,579 | $1.2M |
| ProShare Advisors LLC | 0.00% | Reduce -4.2% | 8,505 | $1.2M |
| Trust Point Inc. | 0.11% | Reduce -15.2% | 8,374 | $1.1M |
| Blair William & Co. | 0.00% | Add +2.5% | 8,273 | $1.1M |
| Alliance Wealth Advisors, LLC | 0.27% | Reduce -11.9% | 8,163 | $1.1M |
| LBP Am SA | 0.02% | Reduce -48.2% | 8,162 | $1.1M |
| Magnetar Financial LLC | 0.01% | Add +51.0% | 8,110 | $1.1M |
| Centiva Capital, LP | 0.07% | Add +131.3% | 8,104 | $1.1M |
| Accredited Investors Inc. | 0.06% | Reduce -0.1% | 7,909 | $1.1M |
| XTX Topco Ltd | 0.04% | Reduce -57.3% | 7,904 | $1.1M |
| KLP Kapitalforvaltning As | 0.00% | Add +2.6% | 7,900 | $1.1M |
| Legato Capital Management LLC | 0.13% | No change | 7,721 | $1.1M |
| Avantax Advisory Services, Inc. | 0.01% | Add +3.1% | 7,672 | $1.0M |
| Laurus Global Equity Management Inc. | 0.65% | No change | 7,340 | $999K |
| Amica Mutual Insurance Co. | 0.09% | Add +20.1% | 7,224 | $983K |
| Integrated Quantitative Investments LLC | 0.29% | No change | 7,200 | $980K |
| Mercer Global Advisors Inc. | 0.00% | Reduce -0.5% | 7,190 | $978K |
| Cubist Systematic Strategies, LLC | 0.01% | New | 6,950 | $946K |
| Vontobel Holding Ltd. | 0.00% | Reduce -8.5% | 6,745 | $918K |
| AlphaQuest LLC | 0.09% | Add +2.5% | 6,628 | $902K |
| M&T Bank Corp | 0.00% | Add +33.7% | 6,589 | $896K |
| Amundi | 0.00% | Reduce -60.1% | 6,287 | $880K |
| Pictet Asset Management Holding SA | 0.00% | Add +3.2% | 6,431 | $872K |
| Virtu Financial LLC | 0.04% | New | 6,352 | $864K |
| Level Four Advisory Services, LLC | 0.03% | Add +10.7% | 6,283 | $855K |
| Tower Research Capital LLC (TRC) | 0.02% | Add +715.5% | 6,271 | $853K |
| Diversify Wealth Management, LLC | 0.05% | Add +20.1% | 7,811 | $847K |
| Norinchukin Bank, The | 0.01% | Reduce -20.4% | 6,010 | $818K |
| Victory Capital Management Inc. | 0.00% | Reduce -48.5% | 5,964 | $812K |
| Portside Wealth Group, LLC | 0.12% | Reduce -8.2% | 5,921 | $806K |
| South Dakota Investment Council | 0.01% | No change | 5,700 | $776K |
| Gotham Asset Management | 0.00% | Reduce -20.0% | 5,564 | $757K |
| Nicollet Investment Management, Inc. | 0.25% | Reduce -3.4% | 5,549 | $755K |
| Osaic Holdings, Inc. | 0.00% | Reduce -4.0% | 5,439 | $740K |
| NewEdge Wealth, LLC | 0.01% | New | 6,733 | $733K |
| Semanteon Capital Management, LP | 1.08% | New | 5,251 | $715K |
| Arkadios Wealth Advisors | 0.02% | Add +4.9% | 5,206 | $708K |
| Voleon Capital Management LP | 0.04% | Reduce -20.8% | 5,148 | $701K |
| Bokf, NA | 0.01% | Reduce -10.9% | 5,090 | $693K |
| Mutual of America Capital Management LLC | 0.01% | Reduce -11.7% | 4,879 | $664K |
| Intrust Bank NA | 0.06% | Add +28.9% | 4,823 | $656K |
| HighTower Advisors, LLC | 0.00% | Reduce -28.2% | 4,724 | $643K |
| Cibc World Markets Corp. | 0.00% | Reduce -43.9% | 4,696 | $639K |
| Henshaw Capital LLC | 0.03% | No change | 4,660 | $634K |
| Inspire Advisors, LLC | 0.07% | Add +24.7% | 4,646 | $632K |
| PNC Financial Services Group, Inc. | 0.00% | Reduce -15.6% | 4,536 | $617K |
| Allianz Asset Management GmbH | 0.00% | New | 4,489 | $611K |
| Praxis Investment Management Inc. | 0.04% | No change | 4,400 | $599K |
| SG Americas Securities, LLC | 0.00% | Reduce -44.2% | 4,395 | $598K |
| Aigen Investment Management, LP | 0.08% | Add +70.8% | 4,389 | $597K |
| Envestnet Portfolio Solutions, Inc. | 0.00% | Add +14.8% | 4,347 | $592K |
| Yorktown Management & Research Co Inc | 0.56% | No change | 4,330 | $589K |
| Healthcare of Ontario Pension Plan Trust Fund | 0.00% | Reduce -20.4% | 4,300 | $585K |
| Petrus Trust Company, LTA | 0.06% | Reduce -26.9% | 4,158 | $566K |
| Proficio Capital Partners LLC | 0.03% | Reduce -45.4% | 4,102 | $558K |
| &partners | 0.00% | Add +40.5% | 4,083 | $556K |
| Mirae Asset Global Investments Co., Ltd. | 0.00% | Add +21.7% | 4,017 | $547K |
| Great Lakes Advisors, LLC | 0.00% | Reduce -2.0% | 4,012 | $546K |
| Hantz Financial Services, Inc. | 0.01% | Reduce -93.1% | 3,979 | $542K |
| Ameritas Investment Partners, Inc. | 0.02% | Reduce -0.1% | 3,891 | $530K |
| Choreo, LLC | 0.01% | Reduce -5.5% | 3,868 | $526K |
| Quadrant Capital Group LLC | 0.02% | Add +0.6% | 3,844 | $523K |
| Callan Family Office, LLC | 0.02% | New | 3,801 | $517K |
| Summit Global Investments | 0.03% | New | 3,757 | $511K |
| First Citizens Bank & Trust Co. | 0.01% | New | 3,699 | $503K |
| Aquatic Capital Management LLC | 0.01% | Reduce -79.2% | 3,678 | $501K |
| Ami Asset Management Corp. | 0.03% | Reduce -37.3% | 3,664 | $499K |
| Corient Private Wealth LP | 0.00% | Add +0.1% | 3,649 | $497K |
| Mariner, LLC | 0.00% | Add +5.7% | 3,630 | $494K |
| STRS Ohio | 0.00% | Add +2.9% | 3,600 | $490K |
| Focus Financial Network, Inc. | 0.02% | Reduce -11.7% | 3,571 | $486K |
| Smith Group Asset Management, LLC | 0.03% | Reduce -1.6% | 3,523 | $479K |
| Freestone Grove Partners LP | 0.00% | New | 3,491 | $475K |
| Twin Tree Management, LP | 0.01% | Reduce -8.9% | 3,389 | $461K |
| Premier Fund Managers Ltd | 0.02% | Reduce -36.1% | 3,452 | $460K |
| Park Avenue Securities LLC | 0.00% | Reduce -22.0% | 3,363 | $458K |
| Aviva PLC | 0.00% | Reduce -27.9% | 3,329 | $453K |
| Evergreen Capital Management LLC | 0.01% | Reduce -4.4% | 3,315 | $451K |
| Farringdon Capital, Ltd. | 0.15% | New | 3,237 | $441K |
| Fox Run Management, L.L.C. | 0.07% | Reduce -40.7% | 3,158 | $430K |
| Cerity Partners LLC | 0.00% | New | 3,146 | $428K |
| O'shaughnessy Asset Management, LLC | 0.00% | Add +10.1% | 3,098 | $422K |
| Shaker Investments LLC | 0.17% | No change | 3,006 | $409K |
| Nebula Research & Development LLC | 0.03% | Reduce -72.3% | 3,005 | $409K |
| Cynosure Group, LLC | 0.05% | Add +15.9% | 2,988 | $407K |
| Xponance LLC | 0.00% | Add +3.8% | 2,971 | $404K |
| Benjamin Edwards Inc. | 0.01% | Add +15.8% | 2,967 | $404K |
| Wealth Enhancement Advisory Services, LLC | 0.00% | New | 2,772 | $392K |
| Inspire Investing, LLC | 0.04% | Add +10.0% | 2,857 | $389K |
| Crossmark Global Holdings, Inc. | 0.01% | Reduce -13.1% | 2,796 | $381K |
| Hardy Reed LLC | 0.03% | Add +2.8% | 2,746 | $374K |
| DC Investments Management, LLC | 0.15% | No change | 2,675 | $364K |
| Two Sigma Securities, LLC | 0.04% | New | 2,641 | $359K |
| Moneta Group Investment Advisors LLC | 0.00% | New | 2,633 | $358K |
| iSAM Funds (UK) Ltd | 0.08% | New | 2,603 | $354K |
| Sanctuary Advisors, LLC | 0.00% | Reduce -5.0% | 2,453 | $334K |
| Vident Advisory, LLC | 0.00% | Add +14.4% | 2,403 | $327K |
| Precision Wealth Strategies, LLC | 0.10% | Add +14.1% | 2,378 | $324K |
| Angeles Wealth Management, LLC | 0.02% | Add +0.0% | 2,375 | $323K |
| Townsquare Capital LLC | 0.03% | Reduce -95.7% | 2,372 | $323K |
| King Luther Capital Management Corp. | 0.00% | No change | 2,304 | $314K |
| Diversify Advisory Services, LLC | 0.01% | Add +19.9% | 2,890 | $314K |
| Mackenzie Financial Corp. | 0.00% | New | 2,298 | $313K |
| Pitcairn Co. | 0.02% | Reduce -16.0% | 2,235 | $304K |
| EP Wealth Advisors, LLC | 0.00% | New | 2,217 | $302K |
| Wallace Advisory Group, LLC | 0.20% | Add +2.4% | 2,073 | $275K |
| Mitsubishi UFJ Asset Management (UK) Ltd. | 0.14% | No change | 2,000 | $272K |
| NorthRock Partners, LLC | 0.01% | Add +0.2% | 1,990 | $271K |
| Janney Montgomery Scott LLC | 0.00% | Add +12.8% | 1,980 | $269K |
| Wealth Alliance, LLC | 0.03% | Add +8.0% | 1,948 | $265K |
| New Age Alpha Advisors, LLC | 0.01% | Add +1.4% | 1,946 | $265K |
| Journey Strategic Wealth LLC | 0.01% | Add +1.1% | 1,940 | $264K |
| Leverty Financial Group, LLC | 0.08% | Add +0.4% | 1,901 | $259K |
| Profund Advisors LLC | 0.01% | Add +6.4% | 1,892 | $257K |
| Headlands Technologies LLC | 0.03% | Reduce -78.8% | 1,848 | $251K |
| Gibbs Wealth Management | 0.05% | New | 1,813 | $247K |
| Summitry LLC | 0.01% | New | 1,796 | $244K |
| Keebeck Wealth Management | 0.03% | New | 1,764 | $240K |
| Principal Securities, Inc. | 0.00% | Add +4.4% | 1,720 | $234K |
| Dakota Wealth Management | 0.00% | Add +2.0% | 1,714 | $233K |
| Sherbrooke Park Advisers LLC | 0.10% | New | 1,669 | $227K |
| Syon Capital LLC | 0.01% | New | 1,651 | $225K |
| VIRGINIA RETIREMENT SYSTEMS ET Al | 0.00% | No change | 1,600 | $218K |
| Cwm, LLC | 0.00% | Add +120.4% | 1,589 | $216K |
| State of Wyoming | 0.03% | Add +0.6% | 1,583 | $215K |
| HB Wealth Management, LLC | 0.00% | New | 1,544 | $210K |
| Nisa Investment Advisors, LLC | 0.00% | Add +10.9% | 1,542 | $210K |
| Ethic Inc. | 0.00% | New | 1,565 | $208K |
| Alamar Capital Management, LLC | 0.11% | New | 1,500 | $204K |
| Marco Investment Management LLC | 0.02% | New | 1,500 | $204K |
| Mgo One Seven LLC | 0.01% | Reduce -41.2% | 1,487 | $202K |
| Lindenwold Advisors, INC | 0.10% | Reduce -2.3% | 1,482 | $202K |
| Signaturefd, LLC | 0.00% | Add +95.2% | 1,411 | $192K |
| DekaBank Deutsche Girozentrale | 0.00% | No change | 1,442 | $190K |
| Vestcor Inc | 0.01% | New | 1,264 | $172K |
| Fifth Third Bancorp | 0.00% | Reduce -18.8% | 1,237 | $168K |
| Parkside Financial Bank & Trust | 0.02% | Add +3.0% | 1,170 | $159K |
| Brooklyn Investment Group | 0.02% | Add +1861.0% | 1,157 | $157K |
| Central Pacific Bank - Trust Division | 0.02% | Reduce -5.0% | 1,150 | $157K |
| KBC Group NV | 0.00% | Reduce -36.3% | 1,051 | $143K |
| Danske Bank A/S | 0.00% | Reduce -77.1% | 949 | $129K |
| Globeflex Capital L P | 0.01% | No change | 907 | $123K |
| Hilltop National Bank | 0.03% | — | 896 | $122K |
| Covestor Ltd | 0.07% | Add +5.4% | 884 | $120K |
| GAMMA Investing LLC | 0.01% | Add +91.7% | 859 | $117K |
| Apollo Management Holdings, L.P. | 0.00% | No change | 837 | $114K |
| Jones Financial Companies LLLP | 0.00% | Add +6.8% | 804 | $107K |
| High Note Wealth, LLC | 0.02% | Reduce -9.5% | 722 | $98K |
| AdvisorNet Financial, Inc | 0.01% | No change | 673 | $92K |
| Huntington National Bank | 0.00% | Add +1.6% | 655 | $89K |
| EverSource Wealth Advisors, LLC | 0.00% | Add +137.7% | 649 | $88K |
| Bessemer Group Inc. | 0.00% | Reduce -2.5% | 613 | $84K |
| JNBA Financial Advisors | 0.01% | No change | 600 | $82K |
| Pacer Advisors, Inc. | 0.00% | Add +12.8% | 592 | $81K |
| Exchange Traded Concepts, LLC | 0.00% | Add +7.9% | 576 | $78K |
| Park Place Capital Corp | 0.02% | Reduce -40.2% | 545 | $76K |
| Amica Retiree Medical Trust | 0.11% | Add +6.4% | 551 | $75K |
| Harbor Investment Advisory, LLC | 0.01% | No change | 548 | $75K |
| Quarry LP | 0.02% | New | 518 | $70K |
| Summit Securities Group LLC | 0.02% | New | 495 | $67K |
| Harel Insurance Investments & Financial Services Ltd. | 0.00% | Add +211.8% | 474 | $65K |
| Advisors Asset Management, Inc. | 0.00% | Add +17.8% | 463 | $63K |
| First Horizon Advisors, Inc. | 0.00% | Add +0.5% | 446 | $61K |
| Versant Capital Management, Inc | 0.01% | Add +3.7% | 397 | $54K |
| Northwestern Mutual Wealth Management Co. | 0.00% | Add +3.5% | 385 | $52K |
| Trust Co. of Vermont | 0.00% | No change | 375 | $51K |
| CIBC Private Wealth Group LLC | 0.00% | Reduce -1.9% | 360 | $49K |
| MassMutual Private Wealth & Trust, FSB | 0.00% | Add +41.1% | 316 | $43K |
| Harbor Capital Advisors, Inc. | 0.00% | Reduce -5.7% | 315 | $43K |
| Clearstead Advisors, LLC | 0.00% | Reduce -19.2% | 265 | $36K |
| Vega Investment Solutions | 0.01% | Reduce -45.9% | 264 | $36K |
| Parallel Advisors, LLC | 0.00% | Reduce -3.7% | 259 | $35K |
| Smartleaf Asset Management LLC | 0.00% | Reduce -25.1% | 254 | $34K |
| Elevation Point Wealth Partners, LLC | 0.00% | Reduce -93.5% | 241 | $33K |
| Blue Trust, Inc. | 0.00% | Reduce -5.9% | 240 | $33K |
| Harbour Investments, Inc. | 0.00% | No change | 237 | $32K |
| CVA Family Office, LLC | 0.00% | Add +3.1% | 236 | $32K |
| Allworth Financial LP | 0.00% | Reduce -6.8% | 218 | $30K |
| SBI Securities Co., Ltd. | 0.00% | No change | 217 | $30K |
| UMB Bank, n.a. | 0.00% | Add +60.6% | 212 | $29K |
| MAI Capital Management | 0.00% | Add +39.5% | 205 | $28K |
| NewEdge Advisors, LLC | 0.00% | Reduce -11.1% | 201 | $27K |
| Cullen/Frost Bankers, Inc. | 0.00% | Add +235.4% | 161 | $22K |
| Lanark Financial, Inc. | 0.00% | No change | 154 | $20K |
| Maseco LLP | 0.00% | — | 140 | $19K |
| CI Investments Inc. | 0.00% | Add +77.9% | 121 | $16K |
| Mitsubishi UFJ Asset Management Co., Ltd. | 0.00% | No change | 110 | $15K |
| Geneos Wealth Management Inc. | 0.00% | Add +4.2% | 100 | $14K |
| Federation des caisses Desjardins du Quebec | 0.00% | No change | 100 | $14K |
| CX Institutional | 0.00% | No change | 90 | $12K |
| Key Financial Inc | 0.00% | No change | 82 | $11K |
| Rothschild Investment LLC | 0.00% | Add +1540.0% | 82 | $11K |
| Rise Advisors, LLC | 0.00% | No change | 81 | $11K |
| Highline Wealth Partners LLC | 0.00% | No change | 78 | $11K |
| Essential Partners LLC | 0.00% | — | 74 | $10K |
| Spire Wealth Management | 0.00% | Reduce -1.4% | 73 | $10K |
| Twin Peaks Wealth Advisors, LLC | 0.00% | New | 90 | $10K |
| Bell Investment Advisors, Inc | 0.00% | No change | 70 | $10K |
| Point72 (DIFC) Ltd | 0.00% | New | 70 | $9K |
| Golden State Wealth Management, LLC | 0.00% | No change | 67 | $9K |
| J.Safra Asset Management Corp | 0.00% | Reduce -25.3% | 62 | $8K |
| Arax Advisory Partners | 0.00% | Add +43.9% | 59 | $8K |
| Westside Investment Management, Inc. | 0.00% | New | 55 | $8K |
| Aventura Private Wealth, LLC | 0.00% | No change | 55 | $7K |
| Optiver Holding B.V. | 0.00% | Reduce -24.7% | 55 | $7K |
| Caitong International Asset Management Co., Ltd | 0.01% | Reduce -82.5% | 53 | $7K |
| WPG Advisers, LLC | 0.01% | Add +8.7% | 50 | $7K |
| Hurley Capital, LLC | 0.00% | No change | 50 | $7K |
| Private Wealth Management Group, LLC | 0.00% | Add +133.3% | 49 | $7K |
| Bare Financial Services, Inc | 0.00% | Add +152.6% | 48 | $7K |
| IFP Advisors, Inc | 0.00% | Add +61.1% | 29 | $6K |
| Capital Advisors, Ltd. LLC | 0.00% | No change | 44 | $6K |
| Wolff Wiese Magana LLC | 0.00% | Add +41.4% | 41 | $6K |
| Washington Trust Advisors, Inc. | 0.00% | No change | 41 | $6K |
| Global Retirement Partners, LLC | 0.00% | — | 41 | $6K |
| Bogart Wealth, LLC | 0.00% | No change | 39 | $5K |
| Financial Network Wealth Advisors LLC | 0.01% | No change | 36 | $5K |
| Ancora Advisors LLC | 0.00% | New | 35 | $5K |
| Fortitude Family Office, LLC | 0.00% | New | 33 | $4K |
| NewSquare Capital LLC | 0.00% | Add +13.8% | 33 | $4K |
| MJT & Associates Financial Advisory Group, Inc. | 0.01% | Add +14.3% | 32 | $4K |
| Financial Perspectives, Inc | 0.00% | No change | 25 | $3K |
| Farmers & Merchants Investments Inc. | 0.00% | Reduce -7.7% | 24 | $3K |
| Steward Partners Investment Advisory, LLC | 0.00% | No change | 24 | $3K |
| Farther Finance Advisors, LLC | 0.00% | Reduce -67.7% | 22 | $3K |
| Clearstead Trust, LLC | 0.00% | New | 21 | $3K |
| Kilter Group LLC | 0.00% | New | 20 | $3K |
| Riggs Asset Managment Co. Inc. | 0.00% | New | 16 | $2K |
| LRI Investments, LLC | 0.00% | No change | 16 | $2K |
| Bellevue Asset Management, LLC | 0.00% | No change | 15 | $2K |
| Crowley Wealth Management, Inc. | 0.00% | No change | 10 | $1K |
| Assetmark, Inc. | 0.00% | New | 9 | $1K |
| Annis Gardner Whiting Capital Advisors, LLC | 0.00% | New | 8 | $1K |
| Private Trust Co. NA | 0.00% | No change | 7 | $953 |
| Larson Financial Group LLC | 0.00% | Reduce -36.4% | 7 | $953 |
| Arlington Trust Co LLC | 0.00% | New | 5 | $680 |
| True Wealth Design, LLC | 0.00% | Reduce -33.3% | 4 | $545 |
| Abound Wealth Management | 0.00% | No change | 2 | $273 |
| MV Capital Management, Inc. | 0.00% | Add +100.0% | 2 | $273 |
| Tortoise Investment Management, LLC | 0.00% | New | 2 | $272 |
| WealthTrak Capital Management LLC | 0.00% | No change | 1 | $137 |
| Parkworth Wealth Management, Inc. | 0.00% | No change | 1 | $136 |
| TD Private Client Wealth LLC | 0.00% | Reduce -95.7% | 1 | $136 |
| Migdal Insurance & Financial Holdings Ltd. | 0.00% | New | 1 | $0 |
| Avion Wealth | 0.00% | Reduce -55.6% | 4 | $0 |
| Hemington Wealth Management | 0.00% | Reduce -25.0% | 3 | $0 |
"% of holder's portfolio" is SPSC's weight in each manager's 13F, not the share of SPS Commerce Inc. the manager owns.