SPS Commerce Ownership | Who Owns SPS Commerce?
SPS Commerce Ownership Summary
SPS Commerce is owned by 73.30% institutional investors, 1.19% insiders, and 25.51% retail investors. Blackrock funding, inc. /de is the largest institutional shareholder, holding 15.09% of SPSC shares. iShares Core S&P Small-Cap ETF is the top mutual fund, with 5.96% of its assets in SPS Commerce shares.
SPSC Ownership Benchmark
| Type | Name | % Inst | % Insiders | % Retail |
|---|---|---|---|---|
| Stock | SPS Commerce | 73.30% | 1.19% | 25.51% |
| Sector | Technology Stocks | 34.35% | 13.05% | 52.60% |
Institutional Shareholders
Top Institutional Shareholders by Total Shares
| Holder | Shares | % Holding | Value |
|---|---|---|---|
| Blackrock funding, inc. /de | 5.72M | 15.09% | $509.64M |
| Lombard odier asset management (europe) | 5.09M | 13.40% | $19.00M |
| Vanguard group | 4.93M | 13.00% | $439.00M |
| State street | 1.47M | 3.89% | $130.87B |
| Neuberger berman group | 1.30M | 3.42% | $135.40M |
| Ubs group | 1.30M | 3.42% | $115.45M |
| Nordea investment management ab | 1.22M | 3.21% | $108.79M |
| Geode capital management | 971.39K | 2.56% | $86.59M |
| Morgan stanley | 872.02K | 2.31% | $77.72M |
| Disciplined growth investors inc /mn | 792.47K | 2.09% | $82.53M |
Top Institutional Shareholders by % of Total Assets
| Holder | Shares | % Assets | Value |
|---|---|---|---|
| Summit creek advisors | 128.10K | 1.80% | $11.42M |
| Granahan investment management | 396.78K | 1.69% | $41.32M |
| Palisades investment partners | 50.19K | 1.69% | $4.47M |
| Van berkom & associates | 616.89K | 1.59% | $54.98M |
| Lightrock netherlands b.v. | 82.90K | 1.53% | $7.39M |
| Disciplined growth investors inc /mn | 792.47K | 1.50% | $82.53M |
| Grandeur peak global advisors | 100.38K | 1.40% | $10.45M |
| Qsv equity investors | 10.30K | 1.36% | $918.04K |
| Advantage alpha capital partners lp | 38.36K | 1.20% | $3.99M |
| American capital management | 283.48K | 1.18% | $29.52M |
Top Buyers
| Holder | Shares | % Assets | Change |
|---|---|---|---|
| Lombard odier asset management (europe) | 5.09M | 0.96% | 5.09M |
| Ubs group | 1.30M | 0.02% | 836.41K |
| Norges bank | 559.67K | 0.01% | 559.67K |
| Bnp paribas asset management | 555.28K | 0.15% | 373.30K |
| Disciplined growth investors inc /mn | 792.47K | 1.50% | 367.35K |
Top Sellers
| Holder | Shares | % Assets | Change |
|---|---|---|---|
| Conestoga capital advisors | 642.80K | 0.96% | -638.71K |
| Fmr | 627.62K | 0.00% | -606.54K |
| Macquarie group | - | - | -600.98K |
| Kayne anderson rudnick investment management | - | - | -555.64K |
| Champlain investment partners | - | - | -352.75K |
New Positions
| Holder | Shares | % Assets | Change | Value |
|---|---|---|---|---|
| Lombard odier asset management (europe) | 5.09M | 0.96% | 5.09M | $19.00M |
| Norges bank | 559.67K | 0.01% | 559.67K | $49.88M |
| Lightrock netherlands b.v. | 82.90K | 1.53% | 82.90K | $7.39M |
| Herald investment management | 55.00K | 0.76% | 55.00K | $5.73M |
| Sone capital management | 40.88K | 0.36% | 40.88K | $4.26M |
Sold Out
| Holder | Change |
|---|---|
| Root financial partners | -1.00 |
| Wealthtrak capital management | -1.00 |
| Tortoise investment management | -2.00 |
| Td capital management | -2.00 |
| Migdal insurance & financial | -3.00 |
Institutional Ownership Trends
| Date | Holdings | Change % | Shares | Change % | Ownership | Change % | Increased Position | Change % | Decreased Position | Change % |
|---|---|---|---|---|---|---|---|---|---|---|
| Dec 31, 2025 | 248 | -38.77% | 27,777,947 | -36.45% | 73 | 0.55% | 122 | -39.60% | 97 | -37.82% |
| Sep 30, 2025 | 392 | -11.11% | 43,615,339 | 18.83% | 114 | 1.23% | 197 | -17.23% | 149 | 4.20% |
| Jun 30, 2025 | 446 | -0.67% | 37,986,527 | 2.84% | 100 | 1.06% | 239 | 3.46% | 145 | -9.94% |
| Mar 31, 2025 | 7 | -98.48% | 808,469 | -97.86% | 2 | 0.02% | 5 | -97.85% | 1 | -99.43% |
| Dec 31, 2024 | 422 | -8.06% | 35,478,557 | -2.50% | 94 | 1.00% | 213 | -4.48% | 160 | -6.98% |
Top Mutual Funds Shareholders
| Holder | Shares | % Holding | Change |
|---|---|---|---|
| iShares Core S&P Small-Cap ETF | 2.26M | 5.96% | - |
| Vanguard US Total Market Shares ETF | 1.20M | 3.16% | 26.82K |
| Vanguard Total Stock Mkt Idx Inv | 1.19M | 3.14% | -25.14K |
| Nordea 1 - Global Climate & Envir BI EUR | 951.33K | 2.51% | -11.89K |
| Vanguard Small Cap Index | 921.96K | 2.43% | -6.36K |
| iShares Russell 2000 ETF | 916.08K | 2.42% | - |
| Conestoga Small Cap Investors | 733.13K | 1.93% | - |
| Neuberger Berman Genesis Inv | 676.07K | 1.78% | -303.43K |
| Vanguard Information Technology ETF | 638.44K | 1.68% | 21.68K |
| Virtus KAR Small-Cap Growth I | 561.46K | 1.48% | -55.96K |
Recent Insider Transactions
| Date | Name | Role | Activity | Value |
|---|---|---|---|---|
| Feb 20, 2026 | Collins Chadwick | Chief Executive Officer | Sell | $167.33K |
| Feb 20, 2026 | Collins Chadwick | Chief Executive Officer | Sell | $451.74K |
| Feb 20, 2026 | Collins Chadwick | Chief Executive Officer | Sell | $166.06K |
| Feb 20, 2026 | Nelson Kimberly K. | EVP & CFO | Sell | $214.92K |
| Feb 20, 2026 | Nelson Kimberly K. | EVP & CFO | Sell | $71.02K |
Insider Transactions Trends
| Date | Buy | Sell |
|---|---|---|
| 2026 Q1 | - | 11 |
| 2025 Q4 | - | - |
| 2025 Q3 | - | - |
| 2025 Q2 | - | - |
| 2025 Q1 | - | 80 |
SPSC Ownership FAQ
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