Security Snapshot

SPS COMMERCE INC - Common Stock (SPSC) Institutional Ownership

CUSIP: 78463M107

13F Institutional Holders and Ownership History from Q1 2014 to Q1 2026

Latest Period

Q4 2025

Institutions Reporting

362

Shares (Excl. Options)

38,321,463

Price

$89.13

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Type / Class
Equity / Common Stock
Symbol
SPSC on Nasdaq
Shares outstanding
37,917,554
Price per share
$55.67
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
38,321,463
Total reported value
$3,415,927,286
% of total 13F portfolios
0%
Share change
-775,433
Value change
-$113,538,129
Number of holders
362
Price from insider filings
$55.67
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Quick Takeaways

  • SPSC - SPS COMMERCE INC - Common Stock is tracked under CUSIP 78463M107.
  • 362 institutions reported positions in Q4 2025.
  • 1 significant owner is listed from Schedule 13D/13G reporting.

What Changed

  • Holder count moved from 362 to 26 between Q4 2025 and Q1 2026.
  • Reported value moved from $3,415,927,286 to $43,705,871.

Why This Matters

  • You can quickly see who holds this security, then open quarter and manager detail pages for full evidence.
  • 13F and Schedule 13D/13G sections are kept together so you can cross-check institutional and beneficial ownership context.

Source Evidence

Source: SEC Form 13F

Latest holder context comes from 362 institutions filings for Q4 2025.

Open SEC Evidence

Investment Quick Answers

What is CUSIP 78463M107?
CUSIP 78463M107 identifies SPSC - SPS COMMERCE INC - Common Stock in SEC 13F datasets.

Where can I see the latest institutional holders?
Review the Q4 2025 holders report and the ownership history table below.

Significant Owners of SPS COMMERCE INC - Common Stock (SPSC) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
BlackRock, Inc. 15% $581,149,938 5,580,468 BlackRock, Inc. 30 Sep 2025

As of 31 Dec 2025, 362 institutional investors reported holding 38,321,463 shares of SPS COMMERCE INC - Common Stock (SPSC). This represents 101% of the company’s total 37,917,554 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of SPS COMMERCE INC - Common Stock (SPSC) together control 73% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
BlackRock, Inc. 15% 5,717,985 +1.2% 0.01% $509,644,005
VANGUARD GROUP INC 13% 4,925,441 -0.38% 0.01% $439,004,555
STATE STREET CORP 3.9% 1,468,312 +0.56% 0% $130,870,649
NEUBERGER BERMAN GROUP LLC 3.7% 1,415,289 +8.9% 0.09% $126,144,708
UBS Group AG 3.4% 1,295,267 +182% 0.02% $115,447,148
NORDEA INVESTMENT MANAGEMENT AB 3.2% 1,216,642 -5.8% 0.09% $108,792,127
GEODE CAPITAL MANAGEMENT, LLC 2.6% 971,395 +0.17% 0.01% $86,593,662
BANK OF AMERICA CORP /DE/ 2.6% 967,188 +142% 0.01% $86,205,468
MORGAN STANLEY 2.3% 872,018 -10% 0% $77,723,079
DISCIPLINED GROWTH INVESTORS INC /MN 2.2% 844,613 +6.6% 1.4% $75,280,357
BNP PARIBAS ASSET MANAGEMENT Holding S.A. 2% 739,762 +33% 0.08% $65,935,000
GOLDMAN SACHS GROUP INC 1.7% 661,610 +69% 0.01% $58,969,299
FMR LLC 1.7% 651,109 +3.7% 0% $58,033,335
Conestoga Capital Advisors, LLC 1.7% 642,804 -50% 0.96% $57,293,121
Van Berkom & Associates Inc. 1.6% 616,886 +24% 1.6% $54,983,000
NORGES BANK 1.5% 559,669 0.01% $49,883,298
NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 1.4% 546,640 0% 0.07% $48,722,000
CHARLES SCHWAB INVESTMENT MANAGEMENT INC 1.3% 488,821 -0.76% 0.01% $43,568,616
RIVERBRIDGE PARTNERS LLC 1.3% 480,824 +2% 0.8% $42,855,881
JPMORGAN CHASE & CO 1.3% 478,503 +2.9% 0% $42,648,971
D. E. Shaw & Co., Inc. 1.2% 452,519 +47% 0.03% $40,333,018
Irenic Capital Management LP 1.2% 452,066 5.3% $40,292,643
NORTHERN TRUST CORP 1.2% 452,052 -11% 0.01% $40,291,395
DIMENSIONAL FUND ADVISORS LP 1.1% 430,296 -11% 0.01% $38,354,762
AMERICAN CAPITAL MANAGEMENT INC 0.81% 306,786 +8.2% 1.2% $27,343,836

Institutional Holders of SPS COMMERCE INC - Common Stock (SPSC) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2026 Q1 785,048 $43,705,871 +$1,311,060 $55.67 26
2025 Q4 38,321,463 $3,415,927,286 -$113,538,129 $89.13 362
2025 Q3 38,679,127 $4,027,622,893 +$2,583,787 $104.14 399
2025 Q2 38,195,396 $5,190,588,482 +$138,712,184 $136.09 446
2025 Q1 37,130,838 $4,928,465,142 -$127,187,680 $132.73 443
2024 Q4 37,793,132 $6,953,341,501 +$137,740,306 $183.99 453
2024 Q3 36,898,524 $7,150,683,026 +$49,828,117 $194.17 455
2024 Q2 36,652,971 $6,883,366,331 +$20,145,274 $188.16 445
2024 Q1 36,644,265 $6,759,249,955 -$75,276,853 $184.90 418
2023 Q4 37,077,849 $7,167,699,010 -$53,229,390 $193.84 400
2023 Q3 37,253,947 $6,356,040,339 +$24,467,197 $170.61 377
2023 Q2 36,913,357 $7,073,520,599 +$66,864,016 $192.06 370
2023 Q1 36,580,072 $5,555,582,547 +$43,181,879 $152.30 357
2022 Q4 36,416,551 $4,677,920,768 +$61,030,256 $128.43 333
2022 Q3 36,231,132 $4,503,653,763 -$370,822 $124.23 316
2022 Q2 36,170,477 $4,085,136,329 +$47,855,612 $113.05 313
2022 Q1 35,810,039 $4,697,946,959 +$17,913,936 $131.20 317
2021 Q4 35,562,376 $5,055,804,844 -$169,928,621 $142.35 326
2021 Q3 35,973,554 $5,802,118,162 +$134,621,933 $161.31 310
2021 Q2 34,980,682 $3,493,124,458 +$5,721,253 $99.85 272
2021 Q1 35,071,360 $3,485,258,367 +$22,242,472 $99.31 282
2020 Q4 34,825,955 $3,782,047,605 +$4,840,350 $108.59 283
2020 Q3 34,808,721 $2,712,223,800 -$2,928,960 $77.87 260
2020 Q2 34,753,956 $2,610,427,034 +$70,807,769 $75.12 260
2020 Q1 34,229,432 $1,596,527,753 +$213,088 $46.51 239
2019 Q4 33,817,671 $1,874,412,150 -$2,075,731 $55.42 247
2019 Q3 33,914,677 $1,596,441,576 +$769,791,682 $47.07 229
2019 Q2 17,214,574 $1,759,530,740 +$42,883,604 $102.21 239
2019 Q1 17,173,354 $1,821,385,375 +$51,502,317 $106.06 243
2018 Q4 16,827,883 $1,386,117,754 -$19,337,529 $82.38 228
2018 Q3 16,544,792 $1,641,521,849 +$11,600,231 $99.24 203
2018 Q2 16,664,583 $1,224,833,518 -$1,969,123 $73.48 191
2018 Q1 16,767,017 $1,073,732,488 -$61,133 $64.07 167
2017 Q4 16,937,098 $823,109,094 -$11,749,035 $48.59 155
2017 Q3 16,748,329 $949,611,045 -$14,267,695 $56.71 156
2017 Q2 16,922,086 $1,078,836,618 +$55,419,706 $63.76 150
2017 Q1 16,969,322 $992,470,236 +$62,328,767 $58.49 154
2016 Q4 17,665,675 $1,234,442,004 -$15,749,709 $69.89 161
2016 Q3 17,766,413 $1,304,202,036 +$47,845,256 $73.41 160
2016 Q2 17,146,884 $1,039,053,926 +$6,338,436 $60.60 151
2016 Q1 17,234,337 $739,594,863 -$34,491,865 $42.94 152
2015 Q4 17,126,685 $1,202,619,744 -$16,873,693 $70.21 147
2015 Q3 17,366,585 $1,178,984,772 +$35,172,818 $67.89 142
2015 Q2 16,851,572 $1,108,836,694 -$5,377,114 $65.80 137
2015 Q1 16,979,349 $1,139,144,992 +$35,441,214 $67.10 142
2014 Q4 16,546,328 $936,902,609 -$26,233,175 $56.63 126
2014 Q3 16,985,708 $903,034,863 -$3,799,594 $53.15 117
2014 Q2 17,017,386 $1,073,396,874 +$32,274,223 $63.19 125
2014 Q1 16,377,150 $1,003,620,224 +$29,848,358 $61.45 130