SPS CommerceSPSC

13F holders, Q3 2025 (September 30)
403holders −48
42new positions
85sold out
7famous investors
$104.15avg. 13F price*

At the end of Q3 2025, 403 institutions reported holding SPS Commerce Inc. (SPSC) in their 13F filings, down 48 from Q2 2025. 42 opened new positions and 85 sold out. The largest holders were BlackRock, Inc. ($588.2M), Vanguard Group Inc. ($514.9M) and State Street Corp. ($152.1M). 7 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 Ray Dalio (0.0% of Bridgewater Associates's portfolio).

Company
SPS Commerce Inc.
CUSIP
78463M107
Latest filing quarter
Q2 2026

History

Number of 13F holders

0100200300400500 Q1 2024: 422Q1 2024Q2 2024: 449Q2 2024Q3 2024: 461Q3 2024Q4 2024: 460Q4 2024Q1 2025: 448Q1 2025Q2 2025: 451Q2 2025Q3 2025: 403Q3 2025Q4 2025: 367Q4 2025Q1 2026: 329Q1 2026Q2 2026: 318Q2 2026

Total Exit/New Position Q2 2025 → Q3 2025

InstitutionsTotal Value
New Positions42$149.8M
Exits85$130.1M

All 13F filers, Q2 2025 → Q3 2025: 5,399,239 shares bought and 4,403,825 shares sold, net +995,414 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 403 holders

BlackRock, Inc. 0.01% Reduce -2.0% 5,648,074 $588.2M
Vanguard Group Inc. 0.01% Add +5.3% 4,944,449 $514.9M
State Street Corp. 0.01% Reduce -0.4% 1,460,149 $152.1M
Neuberger Berman Group LLC 0.10% Add +16.8% 1,300,132 $135.4M
Nordea Investment Management AB 0.12% Reduce -2.9% 1,292,056 $135.2M
Conestoga Capital Advisors, LLC 2.14% Add +2.5% 1,281,511 $133.5M
Morgan Stanley 0.01% Add +4.0% 973,660 $101.4M
Geode Capital Management, LLC 0.01% Reduce -0.6% 969,730 $101.0M
Disciplined Growth Investors Inc. 1.50% Add +86.4% 792,472 $82.5M
FMR LLC 0.00% Reduce -49.1% 627,622 $65.4M
Macquarie Group Ltd. 0.07% Reduce -5.9% 600,975 $62.6M
Kayne Anderson Rudnick Investment Management LLC 0.14% Reduce -33.5% 555,644 $57.9M
BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.15% Add +205.1% 555,284 $57.8M
Northern Trust Corp. 0.01% Add +0.7% 505,116 $52.6M
Van Berkom & Associates Inc. 1.50% New 498,154 $51.9M
Charles Schwab Investment Management Inc. 0.01% Reduce -2.5% 492,589 $51.3M
Dimensional Fund Advisors LP 0.01% Add +6.4% 482,969 $50.3M
Geneva Capital Management LLC 0.86% Reduce -22.5% 479,987 $50.0M
Riverbridge Partners LLC 0.83% Reduce -9.1% 471,225 $49.1M
JPMorgan Chase & Co. 0.00% Reduce -11.1% 464,957 $48.4M
UBS Group AG 0.01% Add +806.1% 458,860 $47.8M
Bank of America Corp. 0.00% Reduce -6.1% 399,468 $41.6M
Granahan Investment Management, LLC 1.69% Add +6.5% 396,780 $41.3M
Goldman Sachs Group Inc. 0.01% Add +116.4% 391,186 $40.7M
Champlain Investment Partners, LLC 0.28% New 352,748 $36.7M
D. E. Shaw & Co. 0.03% Add +124.1% 308,233 $32.1M
Ameriprise Financial Inc. 0.01% Reduce -22.7% 298,542 $31.1M
Bank of New York Mellon Corp 0.01% Reduce -17.5% 289,365 $30.1M
American Capital Management Inc. 1.18% Add +21.9% 283,475 $29.5M
Royal Bank of Canada 0.01% Add +3.5% 272,472 $28.4M
Voloridge Investment Management, LLC 0.09% Add +123.3% 269,454 $28.1M
Lazard Asset Management LLC 0.04% Add +344.9% 259,258 $27.0M
Nuveen, LLC 0.01% Reduce -2.3% 258,255 $26.9M
DF Dent & Co. Inc. 0.32% Add +45.2% 237,464 $24.7M
Fort Washington Investment Advisors Inc. 0.13% Add +82.3% 236,886 $24.7M
Silvercrest Asset Management Group LLC 0.15% Add +12.9% 220,742 $23.0M
RGM Capital, LLC 0.96% Add +504.5% 219,085 $22.8M
Brown Capital Management LLC 0.93% Reduce -16.8% 217,514 $22.7M
T. Rowe Price Associates Inc. 0.00% Add +0.9% 216,989 $22.6M
Capital World Investors 0.00% No change 214,469 $22.3M
Principal Financial Group Inc. 0.01% Add +3.5% 213,986 $22.3M
Thematics Asset Management 0.93% Add +12.4% 196,914 $20.5M
Local Pensions Partnership Investment Ltd 0.33% Add +5.7% 185,500 $19.3M
Franklin Resources Inc. 0.00% Add +2.1% 183,993 $19.2M
Fred Alger Management, LLC 0.07% Reduce -64.1% 175,057 $18.2M
Barclays PLC 0.01% Add +57.7% 171,264 $17.8M
Envestnet Asset Management Inc. 0.01% Reduce -3.9% 168,896 $17.6M
BNP Paribas Financial Markets 0.01% Add +67.7% 161,843 $16.9M
Congress Asset Management Co. 0.11% Add +3.7% 159,801 $16.6M
Public Sector Pension Investment Board 0.06% Add +14.3% 147,903 $15.4M
Tran Capital Management, L.P. 1.84% New 147,591 $15.4M
Fenimore Asset Management Inc 0.30% Add +17.8% 145,888 $15.2M
Deutsche Bank AG 0.00% Add +55.6% 134,900 $14.0M
Summit Creek Advisors LLC 2.05% Reduce -7.9% 134,835 $14.0M
Walleye Capital LLC 0.12% Reduce -13.4% 128,904 $13.4M
Legal & General Group Plc 0.00% Reduce -9.1% 122,169 $12.7M
Comerica Bank 0.05% Add +0.8% 121,903 $12.7M
Canada Pension Plan Investment Board 0.01% Add +172.6% 115,300 $12.0M
FIL Ltd 0.01% Add +113.5% 114,529 $11.9M
Invesco Ltd. 0.00% Reduce -8.3% 110,323 $11.5M
Qube Research & Technologies Ltd 0.02% Add +4.8% 109,923 $11.4M
Sei Investments Co. 0.01% Reduce -10.8% 107,953 $11.2M
Rhumbline Advisers 0.01% Add +0.3% 107,866 $11.2M
Stephens Investment Management Group LLC 0.14% Reduce -1.2% 106,967 $11.1M
Wells Fargo & Company 0.00% Reduce -2.8% 103,224 $10.7M
Janus Henderson Group PLC 0.00% Add +38.0% 101,111 $10.5M
Grandeur Peak Global Advisors, LLC 1.40% Add +12.9% 100,378 $10.5M
Two Sigma Investments, LP 0.02% Add +244.6% 99,942 $10.4M
Jane Street Group, LLC 0.01% Reduce -18.6% 99,376 $10.3M
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% Reduce -38.6% 98,434 $10.3M
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.02% Reduce -10.3% 98,427 $10.3M
WCM Investment Management, LLC 0.02% New 94,296 $9.9M
Glenmede Investment Management, LP 0.05% Reduce -6.2% 93,939 $9.8M
Allspring Global Investments Holdings, LLC 0.02% Reduce -4.8% 93,444 $9.7M
LPL Financial LLC 0.00% Add +53.9% 83,454 $8.7M
Alliancebernstein L.P. 0.00% Reduce -0.8% 81,106 $8.4M
Renaissance Group LLC 0.30% Add +53.9% 76,113 $7.9M
Raymond James Financial Inc. 0.00% Add +5.5% 75,463 $7.9M
Swiss National Bank 0.00% Add +1.4% 73,600 $7.7M
CANADA LIFE ASSURANCE Co 0.01% Add +0.4% 70,706 $7.4M
Tudor Investment Corporation 0.05% Add +161.5% 70,389 $7.3M
Millennium Management 0.01% Reduce -43.0% 69,585 $7.2M
Select Equity Group, L.P. 0.03% Add +19.5% 66,125 $6.9M
Lombard Odier Asset Management (Europe) Ltd 0.51% New 65,828 $6.9M
California Public Employees Retirement System 0.00% Reduce -55.6% 64,967 $6.8M
Edgestream Partners, L.P. 0.19% Reduce -6.2% 62,565 $6.5M
Numerai GP LLC 0.87% Add +529.4% 59,244 $6.2M
Russell Investments Group, Ltd. 0.01% Reduce -5.2% 58,988 $6.1M
Nicholas Company, Inc. 0.10% Add +7.2% 58,913 $6.1M
APG Asset Management N.V. 0.02% Reduce -61.1% 69,011 $6.1M
Prudential Financial Inc. 0.01% Reduce -2.4% 57,661 $6.0M
EULAV Asset Management 0.14% Reduce -44.9% 57,600 $6.0M
HERALD INVESTMENT MANAGEMENT Ltd 0.76% Add +15.8% 55,000 $5.7M
Quantbot Technologies LP 0.15% Add +105.4% 53,728 $5.6M
Osaic Holdings, Inc. 0.01% Add +872.8% 52,913 $5.5M
Holocene Advisors, LP 0.01% Add +15.5% 49,937 $5.2M
Montrusco Bolton Investments Inc. 0.06% New 49,375 $5.1M
Palisades Investment Partners, LLC 2.01% Add +0.5% 49,137 $5.1M
Assenagon Asset Management S.A. 0.01% Reduce -31.8% 48,149 $5.0M
Jump Financial, LLC 0.07% Reduce -26.9% 47,904 $5.0M
Y-Intercept (Hong Kong) Ltd 0.12% Add +136.7% 47,424 $4.9M
Man Group plc 0.01% Reduce -11.1% 46,856 $4.9M
Hillsdale Investment Management Inc. 0.13% Reduce -5.0% 41,400 $4.3M
Sone Capital Management, LLC 0.36% New 40,880 $4.3M
Fisher Asset Management 0.00% Reduce -81.1% 40,100 $4.2M
Balyasny Asset Management L.P. 0.01% Add +2.0% 39,777 $4.1M
New York State Common Retirement Fund 0.01% Reduce -66.1% 39,417 $4.1M
Advantage Alpha Capital Partners LP 1.20% Add +0.0% 38,359 $4.0M
California State Teachers Retirement System 0.00% Add +0.0% 36,159 $3.8M
Engineers Gate Manager LP 0.04% New 36,112 $3.8M
Buckhead Capital Management LLC 1.36% Add +284.7% 35,945 $3.7M
Arrowstreet Capital, Limited Partnership 0.00% Reduce -70.5% 33,156 $3.5M
Verition Fund Management LLC 0.02% Add +124.8% 32,019 $3.3M
EFG Asset Management (North America) Corp. 0.42% Add +17.3% 31,490 $3.3M
Moody Aldrich Partners LLC 0.60% Reduce -16.2% 30,418 $3.2M
Kennedy Capital Management LLC 0.07% Add +138.7% 30,307 $3.2M
Van Eck Associates Corp. 0.00% Add +5.0% 29,235 $3.0M
Bridgewater Associates 0.01% New 29,159 $3.0M
Intech Investment Management LLC 0.03% Add +19.8% 28,714 $3.0M
Bridge City Capital, LLC 0.78% Add +37.3% 28,224 $2.9M
Johnson Investment Counsel Inc. 0.02% Add +64.1% 27,557 $2.9M
Cresset Asset Management, LLC 0.01% Add +17.4% 27,435 $2.9M
Thrivent Financial for Lutherans 0.01% Reduce -2.1% 27,349 $2.8M
Voya Investment Management LLC 0.00% Reduce -28.1% 26,604 $2.8M
Whittier Trust Co. 0.03% Add +1.8% 26,150 $2.8M
Moody National Bank Trust Division 0.22% Add +12.4% 25,535 $2.7M
Stifel Financial Corp. 0.00% Reduce -0.3% 25,474 $2.7M
Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% Reduce -24.0% 25,026 $2.6M
US Bancorp \de 0.00% Reduce -15.9% 24,650 $2.6M
Oppenheimer Asset Management Inc. 0.03% Reduce -4.5% 23,950 $2.5M
AQR Capital Management 0.00% Reduce -37.6% 22,594 $2.4M
Jain Global LLC 0.03% Add +118.2% 22,332 $2.3M
MetLife Investment Management, LLC 0.01% Reduce -2.0% 22,249 $2.3M
Van Hulzen Asset Management, LLC 0.17% Add +104.3% 22,181 $2.3M
Two Sigma Advisers, LP 0.00% New 21,876 $2.3M
Synovus Financial Corp. 0.03% Add +11.1% 21,802 $2.3M
McMorgan & Co. LLC 0.34% Add +50.6% 21,387 $2.2M
State of Wisconsin Investment Board 0.01% Reduce -13.5% 20,893 $2.2M
State of Alaska, Department of Revenue 0.02% Reduce -7.7% 20,860 $2.2M
Campbell & CO Investment Adviser LLC 0.16% Reduce -41.9% 20,351 $2.1M
Marshall Wace, LLP 0.00% Add +28.3% 20,205 $2.1M
Illinois Municipal Retirement Fund 0.03% Reduce -18.7% 19,856 $2.1M
Manufacturers Life Insurance Company, The 0.00% Reduce -5.6% 19,554 $2.0M
State of New Jersey Common Pension Fund D 0.01% Add +45.2% 18,772 $2.0M
Sterling Capital Management LLC 0.03% Add +64.3% 17,848 $1.9M
Healthcare of Ontario Pension Plan Trust Fund 0.00% Add +314.4% 17,820 $1.9M
Louisiana State Employees Retirement System 0.03% Reduce -1.7% 17,400 $1.8M
Public Employees Retirement System of Ohio 0.01% Add +17.4% 17,381 $1.8M
Squarepoint Ops LLC 0.00% Reduce -91.1% 17,323 $1.8M
State of Tennessee, Department of Treasury 0.01% Add +0.8% 17,267 $1.8M
Cetera Investment Advisers 0.00% Add +61.6% 16,878 $1.8M
Zacks Investment Management 0.01% Add +4.5% 16,378 $1.7M
Dark Forest Capital Management LP 0.06% Add +74.4% 16,120 $1.7M
Natixis Advisors, LLC 0.00% Reduce -46.7% 15,937 $1.7M
Sovereign's Capital Management, LLC 0.89% Add +59.5% 15,776 $1.6M
Summit Wealth Group LLC / Co. 0.17% New 9,579 $1.6M
Laurus Global Equity Management Inc. 1.10% Add +111.3% 15,510 $1.6M
Zions Bancorporation, National Association 0.08% Reduce -12.4% 15,428 $1.6M
Citigroup Inc. 0.00% Reduce -61.0% 15,355 $1.6M
F/m Investments LLC 0.06% Reduce -0.9% 15,123 $1.6M
Whittier Trust Co. of Nevada Inc. 0.03% Add +0.8% 14,252 $1.5M
Dana Investment Advisors, Inc. 0.04% Add +32.0% 14,241 $1.5M
Captrust Financial Advisors 0.00% Add +18.9% 13,232 $1.4M
Torray Investment Partners LLC 0.19% Add +22.2% 13,156 $1.4M
SG Americas Securities, LLC 0.01% Add +196.3% 13,023 $1.4M
New York State Teachers Retirement System 0.00% No change 12,828 $1.3M
E. Ohman J:or Asset Management AB 0.03% No change 12,810 $1.3M
Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% Add +22.4% 12,741 $1.3M
Voleon Capital Management LP 0.03% Add +141.4% 12,426 $1.3M
MML Investors Services, LLC 0.00% Add +22.5% 12,174 $1.3M
Yousif Capital Management, LLC 0.01% Reduce -16.8% 11,846 $1.2M
Marks Group Wealth Management, Inc 0.11% No change 11,830 $1.2M
Ironwood Investment Management LLC 0.53% Reduce -0.2% 11,603 $1.2M
Arizona State Retirement System 0.01% Add +1.3% 11,226 $1.2M
Vontobel Holding Ltd. 0.00% Add +64.3% 11,081 $1.2M
Prescott Group Capital Management, L.L.C. 0.12% No change 11,000 $1.1M
First Financial Bankshares Inc 0.02% New 11,000 $1.1M
Amalgamated Bank 0.01% Add +0.2% 10,834 $1.1M
Blair William & Co. 0.00% Add +30.1% 10,765 $1.1M
Teachers Retirement System of the State of Kentucky 0.01% No change 10,716 $1.1M
Headlands Technologies LLC 0.09% Add +471.4% 10,559 $1.1M
Police & Firemen's Retirement System of New Jersey 0.01% Add +21.3% 10,548 $1.1M
Susquehanna International Group, LLP 0.00% Reduce -80.8% 10,428 $1.1M
Creative Planning 0.00% Reduce -43.8% 10,401 $1.1M
Stratos Wealth Partners, LTD. 0.01% Reduce -35.1% 9,904 $1.0M
Handelsbanken Fonder AB 0.00% No change 9,900 $1.0M
Commonwealth of Pennsylvania Public School Empls Retrmt SYS 0.01% Reduce -1.0% 9,654 $1.0M
Linden Thomas Advisory Services, LLC 0.10% Add +0.0% 9,557 $995K
Abn Amro Investment Solutions 0.02% New 9,541 $994K
Pathstone Holdings, LLC 0.00% Reduce -57.3% 9,528 $992K
State Board of Administration of Florida Retirement System 0.00% Reduce -0.2% 9,089 $947K
Daiwa Securities Group Inc. 0.00% Reduce -34.6% 9,003 $938K
LBP Am SA 0.01% Add +8.5% 8,858 $922K
Trust Point Inc. 0.07% Add +2.1% 8,552 $891K
Oregon Public Employees Retirement Fund 0.01% Reduce -2.3% 8,503 $886K
Bank of Montreal 0.00% Reduce -66.1% 8,262 $860K
Accredited Investors Inc. 0.05% Add +3.4% 8,177 $852K
Alliance Wealth Advisors, LLC 0.20% Reduce -0.3% 8,135 $847K
Schonfeld Strategic Advisors LLC 0.01% New 7,926 $825K
KLP Kapitalforvaltning As 0.00% No change 7,900 $823K
Bessemer Group Inc. 0.00% Add +1182.5% 7,862 $819K
Entropy Technologies, LP 0.06% New 7,705 $802K
Vanguard Personalized Indexing Management, LLC 0.01% Reduce -19.8% 7,658 $798K
First Trust Advisors LP 0.00% Reduce -25.0% 7,603 $792K
Legato Capital Management LLC 0.08% Reduce -3.6% 7,444 $775K
Truist Financial Corp. 0.00% Reduce -31.7% 7,322 $762K
Two Sigma Securities, LLC 0.11% Add +176.3% 7,298 $760K
Ensign Peak Advisors, Inc 0.00% Reduce -49.6% 7,225 $752K
Amica Mutual Insurance Co. 0.07% No change 7,224 $752K
Quantinno Capital Management LP 0.00% Reduce -35.2% 7,177 $747K
ProShare Advisors LLC 0.00% Reduce -15.6% 7,176 $747K
Amundi 0.00% Add +7.7% 6,773 $726K
Level Four Advisory Services, LLC 0.02% Add +9.9% 6,903 $719K
Gotham Asset Management 0.00% Add +23.3% 6,859 $714K
Mercer Global Advisors Inc. 0.00% Reduce -5.9% 6,763 $704K
Capstone Investment Advisors, LLC 0.01% New 6,529 $680K
Diversify Wealth Management, LLC 0.04% Add +2.8% 8,029 $663K
B. Metzler seel. Sohn & Co. AG 0.01% Reduce -27.5% 6,224 $648K
Victory Capital Management Inc. 0.00% Reduce -3.6% 5,750 $599K
Atria Investments, Inc 0.01% Reduce -36.5% 5,746 $598K
M&T Bank Corp 0.00% Reduce -15.0% 5,598 $583K
Norden Group LLC 0.06% Reduce -35.9% 5,527 $576K
Pictet Asset Management Holding SA 0.00% Reduce -14.3% 5,511 $574K
Maryland State Retirement & Pension System 0.01% Reduce -51.2% 5,450 $568K
Nicollet Investment Management, Inc. 0.18% Reduce -2.2% 5,428 $565K
Arkadios Wealth Advisors 0.01% Add +3.2% 5,371 $559K
South Dakota Investment Council 0.01% Reduce -7.0% 5,300 $552K
Bokf, NA 0.01% Add +0.3% 5,104 $532K
Bridgefront Capital, LLC 0.15% New 4,989 $520K
Teacher Retirement System of Texas 0.00% Reduce -88.0% 4,977 $518K
Graham Capital Management, L.P. 0.03% New 4,805 $500K
Inspire Advisors, LLC 0.05% Add +3.2% 4,795 $499K
PNC Financial Services Group, Inc. 0.00% Add +3.3% 4,687 $488K
Boothbay Fund Management, LLC 0.01% New 4,617 $481K
Portside Wealth Group, LLC 0.07% Reduce -22.8% 4,571 $476K
Woodline Partners LP 0.00% New 4,554 $474K
American Century Companies Inc. 0.00% Reduce -86.3% 4,527 $471K
Praxis Investment Management Inc. 0.03% No change 4,400 $458K
Inspire Investing, LLC 0.04% Add +52.5% 4,358 $454K
Aviva PLC 0.00% Add +30.7% 4,352 $453K
Yorktown Management & Research Co Inc 0.36% No change 4,330 $451K
Mutual of America Capital Management LLC 0.00% Reduce -13.0% 4,246 $442K
Keebeck Wealth Management 0.05% Add +139.1% 4,218 $439K
Moneta Group Investment Advisors LLC 0.00% Add +56.1% 4,111 $428K
Public Employees Retirement Association of Colorado 0.00% Reduce -94.1% 4,101 $427K
CIBC Bancorp USA Inc. 0.00% — 4,063 $423K
Diversified Trust Co. 0.01% New 4,019 $419K
Envestnet Portfolio Solutions, Inc. 0.00% Reduce -9.4% 3,940 $410K
Mirae Asset Global Investments Co., Ltd. 0.00% Reduce -2.2% 3,930 $409K
Park Avenue Securities LLC 0.00% Add +12.6% 3,788 $395K
Corient Private Wealth LP 0.00% Add +1.9% 3,720 $387K
Choreo, LLC 0.01% Reduce -3.9% 3,716 $387K
Great Lakes Advisors, LLC 0.00% Reduce -9.8% 3,617 $377K
Smith Group Asset Management, LLC 0.02% Add +2.5% 3,610 $376K
Semanteon Capital Management, LP 0.46% Reduce -32.4% 3,552 $370K
&partners 0.00% Reduce -13.8% 3,518 $366K
Premier Fund Managers Ltd 0.01% No change 3,452 $363K
Aquatic Capital Management LLC 0.01% Reduce -5.8% 3,464 $361K
First Citizens Bank & Trust Co. 0.01% Reduce -6.5% 3,459 $360K
Rockefeller Capital Management L.P. 0.00% New 3,446 $359K
AlphaQuest LLC 0.02% Reduce -48.3% 3,424 $357K
Henshaw Capital LLC 0.01% Reduce -26.6% 3,421 $356K
Signaturefd, LLC 0.01% Add +141.2% 3,403 $354K
Equitable Trust Co. 0.02% New 3,383 $352K
Brevan Howard Capital Management LP 0.01% Reduce -60.8% 3,366 $351K
Apollo Management Holdings, L.P. 0.01% Add +300.1% 3,349 $349K
XTX Topco Ltd 0.02% Reduce -58.5% 3,279 $341K
Bank of Marin 0.24% New 3,243 $338K
Ameritas Investment Partners, Inc. 0.01% Reduce -18.2% 3,184 $332K
Freestone Grove Partners LP 0.00% Reduce -9.0% 3,178 $331K
Benjamin Edwards Inc. 0.00% Add +4.0% 3,087 $321K
Xponance LLC 0.00% Add +0.8% 2,995 $312K
Cynosure Group, LLC 0.03% No change 2,988 $311K
Quadrant Capital Group LLC 0.01% Reduce -24.3% 2,912 $303K
Focus Financial Network, Inc. 0.01% Reduce -22.1% 2,782 $290K
Pitcairn Co. 0.02% Add +21.5% 2,715 $283K
DC Investments Management, LLC 0.12% No change 2,675 $279K
NorthRock Partners, LLC 0.00% Add +23.8% 2,463 $256K
Shaker Investments LLC 0.10% Reduce -19.1% 2,432 $253K
FORA Capital, LLC 0.04% New 2,410 $251K
Intrust Bank NA 0.02% Reduce -50.0% 2,409 $251K
Angeles Wealth Management, LLC 0.02% Reduce -0.0% 2,374 $247K
Diversify Advisory Services, LLC 0.01% Add +2.4% 2,959 $244K
City Center Advisors, LLC 0.24% New 2,336 $243K
Mackenzie Financial Corp. 0.00% Add +1.6% 2,336 $243K
O'shaughnessy Asset Management, LLC 0.00% Reduce -25.5% 2,309 $240K
Sanctuary Advisors, LLC 0.00% Reduce -8.0% 2,258 $235K
King Luther Capital Management Corp. 0.00% Reduce -2.4% 2,249 $234K
Hardy Reed LLC 0.02% Reduce -19.9% 2,200 $229K
Evergreen Capital Management LLC 0.01% Reduce -34.2% 2,182 $227K
HighTower Advisors, LLC 0.00% Reduce -53.9% 2,178 $227K
Farringdon Capital, Ltd. 0.06% Reduce -33.4% 2,156 $225K
Wedbush Securities Inc. 0.01% New 2,130 $222K
Janney Montgomery Scott LLC 0.00% Add +6.1% 2,100 $219K
AE Wealth Management LLC 0.00% New 2,047 $213K
Alamar Capital Management, LLC 0.11% Add +33.3% 2,000 $208K
STRS Ohio 0.00% Reduce -44.4% 2,000 $208K
Mitsubishi UFJ Asset Management (UK) Ltd. 0.10% No change 2,000 $208K
New Age Alpha Advisors, LLC 0.01% Reduce -2.8% 1,891 $197K
Central Pacific Bank - Trust Division 0.02% Add +56.7% 1,802 $188K
State of Wyoming 0.02% Add +2.2% 1,618 $168K
Harel Insurance Investments & Financial Services Ltd. 0.00% Add +238.2% 1,603 $167K
Hantz Financial Services, Inc. 0.00% Reduce -62.2% 1,504 $157K
Principal Securities, Inc. 0.00% Reduce -13.1% 1,494 $156K
DekaBank Deutsche Girozentrale 0.00% No change 1,442 $148K
Fifth Third Bancorp 0.00% Add +3.6% 1,282 $134K
Nisa Investment Advisors, LLC 0.00% Reduce -18.1% 1,263 $132K
Parkside Financial Bank & Trust 0.01% Add +1.2% 1,184 $123K
Covestor Ltd 0.07% Add +32.9% 1,175 $123K
KBC Group NV 0.00% No change 1,051 $109K
Pacer Advisors, Inc. 0.00% Add +66.2% 984 $102K
Hilltop National Bank 0.02% Add +5.7% 947 $99K
Tower Research Capital LLC (TRC) 0.00% Reduce -85.3% 920 $96K
EverSource Wealth Advisors, LLC 0.00% Add +41.1% 916 $95K
Harbor Investment Advisory, LLC 0.01% Add +51.6% 831 $87K
Jones Financial Companies LLLP 0.00% Reduce -1.2% 794 $84K
Advisors Asset Management, Inc. 0.00% Add +69.8% 786 $82K
GAMMA Investing LLC 0.00% Reduce -11.2% 763 $79K
High Note Wealth, LLC 0.02% Reduce -0.8% 716 $78K
AdvisorNet Financial, Inc 0.00% No change 673 $70K
Federated Hermes, Inc. 0.00% Reduce -99.4% 636 $66K
Huntington National Bank 0.00% Reduce -4.3% 627 $65K
JNBA Financial Advisors 0.01% No change 600 $62K
Cwm, LLC 0.00% Reduce -65.0% 557 $58K
Amica Retiree Medical Trust 0.08% No change 551 $57K
Johnson Financial Group, Inc. 0.00% New 543 $57K
Danske Bank A/S 0.00% Reduce -47.3% 500 $52K
Pilgrim Partners Asia Pte Ltd 0.02% — 460 $48K
Northwestern Mutual Wealth Management Co. 0.00% Add +18.7% 457 $48K
Steward Partners Investment Advisory, LLC 0.00% Add +1779.2% 451 $47K
Park Place Capital Corp 0.01% Reduce -20.2% 435 $45K
Arax Advisory Partners 0.00% Add +586.4% 405 $42K
Trust Co. of Vermont 0.00% No change 375 $39K
CIBC Private Wealth Group LLC 0.00% No change 360 $37K
Advisory Services Network, LLC 0.00% New 312 $32K
Smartleaf Asset Management LLC 0.00% Add +16.9% 297 $31K
Harbour Investments, Inc. 0.00% Add +22.4% 290 $30K
Salomon & Ludwin, LLC 0.00% New 264 $28K
Blue Trust, Inc. 0.00% No change 240 $25K
CVA Family Office, LLC 0.00% Reduce -4.7% 225 $23K
SBI Securities Co., Ltd. 0.00% Reduce -0.9% 215 $22K
Parallel Advisors, LLC 0.00% Reduce -18.1% 212 $22K
Lanark Financial, Inc. 0.00% Add +33.8% 206 $21K
MassMutual Private Wealth & Trust, FSB 0.00% Reduce -37.0% 199 $21K
UMB Bank, n.a. 0.00% Reduce -7.5% 196 $20K
First Horizon Corp. 0.00% — 193 $20K
NewEdge Advisors, LLC 0.00% Reduce -12.4% 176 $18K
Caitlin John, LLC 0.01% New 154 $16K
Maseco LLP 0.00% No change 140 $15K
MAI Capital Management 0.00% Reduce -32.7% 138 $14K
CI Investments Inc. 0.00% Add +9.9% 133 $14K
Cullen/Frost Bankers, Inc. 0.00% Reduce -23.0% 124 $13K
Clearstead Advisors, LLC 0.00% Reduce -54.0% 122 $13K
Quarry LP 0.00% Reduce -78.2% 113 $12K
Mitsubishi UFJ Asset Management Co., Ltd. 0.00% No change 110 $11K
Westside Investment Management, Inc. 0.00% Add +100.0% 110 $11K
Versant Capital Management, Inc 0.00% Reduce -73.0% 107 $11K
Federation des caisses Desjardins du Quebec 0.00% No change 100 $10K
CX Institutional 0.00% No change 90 $9K
Key Financial Inc 0.00% No change 82 $8K
Rise Advisors, LLC 0.00% No change 81 $8K
Transamerica Financial Advisors, LLC 0.00% New 73 $8K
Spire Wealth Management 0.00% No change 73 $8K
Wealthspire Advisors, LLC 0.00% New 72 $8K
Allworth Financial LP 0.00% Reduce -67.4% 71 $7K
Golden State Wealth Management, LLC 0.00% No change 67 $7K
Bell Investment Advisors, Inc 0.00% Reduce -17.1% 58 $6K
Bare Financial Services, Inc 0.00% Add +14.6% 55 $6K
Hurley Capital, LLC 0.00% No change 50 $5K
Optiver Holding B.V. 0.00% Reduce -23.6% 42 $4K
Wolff Wiese Magana LLC 0.00% No change 41 $4K
Washington Trust Advisors, Inc. 0.00% No change 41 $4K
Bogart Wealth, LLC 0.00% No change 39 $4K
IFP Advisors, Inc 0.00% Add +34.5% 39 $4K
Farther Finance Advisors, LLC 0.00% Add +68.2% 37 $4K
Financial Network Wealth Advisors LLC 0.00% No change 36 $4K
Ancora Advisors LLC 0.00% No change 35 $4K
Private Trust Co. NA 0.00% Add +300.0% 28 $3K
Financial Perspectives, Inc 0.00% No change 25 $3K
Farmers & Merchants Investments Inc. 0.00% No change 24 $2K
Clearstead Trust, LLC 0.00% No change 21 $2K
Global Retirement Partners, LLC 0.00% Reduce -51.2% 20 $2K
MV Capital Management, Inc. 0.00% Add +700.0% 16 $2K
Country Trust Bank 0.00% New 16 $2K
Mather Group, Llc. 0.00% New 16 $2K
LRI Investments, LLC 0.00% No change 16 $2K
Bellevue Asset Management, LLC 0.00% No change 15 $2K
Wealth Watch Advisors, INC 0.00% New 13 $1K
Private Wealth Management Group, LLC 0.00% Reduce -73.5% 13 $1K
True Wealth Design, LLC 0.00% Add +200.0% 12 $1K
Crowley Wealth Management, Inc. 0.00% No change 10 $1K
J.Safra Asset Management Corp 0.00% Reduce -83.9% 10 $1K
Capital Advisors, Ltd. LLC 0.00% Reduce -86.4% 6 $1K
Simplex Trading, LLC 0.00% New 11 $1K
Kilter Group LLC 0.00% Reduce -55.0% 9 $938
Westfuller Advisors, LLC 0.00% New 8 $783
Globeflex Capital L P 0.00% Reduce -99.2% 7 $729
Montag A & Associates Inc. 0.00% New 6 $625
Assetmark, Inc. 0.00% Reduce -55.6% 4 $417
Rossby Financial, LCC 0.00% New 3 $310
Abound Wealth Management 0.00% No change 2 $209
Essential Partners LLC 0.00% Reduce -97.3% 2 $208
Root Financial Partners, LLC 0.00% New 1 $104

"% of holder's portfolio" is SPSC's weight in each manager's 13F, not the share of SPS Commerce Inc. the manager owns.