SPS Commerce Ownership | Who Owns SPS Commerce?


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SPS Commerce Ownership Summary


SPS Commerce is owned by 52.27% institutional investors, 0.94% insiders, and 46.79% retail investors. Blackrock funding, inc. /de is the largest institutional shareholder, holding 15.88% of SPSC shares. iShares Core S&P Small-Cap ETF is the top mutual fund, with 6.09% of its assets in SPS Commerce shares.

SPSC Ownership Benchmark


TypeName% Inst% Insiders% Retail
StockSPS Commerce52.27%0.94%46.79%
SectorTechnology Stocks 36.01%15.20%48.78%

Institutional Shareholders


Top Institutional Shareholders by Total Shares

HolderShares% HoldingValue
Blackrock funding, inc. /de5.93M15.88%$339.26M
Vanguard group4.93M13.00%$439.00M
Disciplined growth investors inc /mn2.12M5.68%$121.42M
Neuberger berman group1.78M4.76%$101.81M
Vanguard capital management1.60M4.28%$91.38M
State street1.55M4.14%$88.37M
Geode capital management1.27M3.39%$72.40M
Goldman sachs group1.11M2.96%$63.31M
Morgan stanley997.97K2.67%$57.05M
Engine capital management, lp916.38K2.45%$52.39M

Top Institutional Shareholders by % of Total Assets

HolderShares% AssetsValue
Lightrock netherlands b.v.613.17K6.92%$35.05M
Engine capital management, lp916.38K5.10%$52.39M
Long path partners lp180.91K4.41%$10.34M
Invenomic capital management lp869.41K2.97%$49.70M
Perry creek capital lp105.93K2.77%$6.06M
Sovereign's capital management69.18K2.64%$3.96M
Anson funds management lp745.00K2.53%$42.59M
Disciplined growth investors inc /mn2.12M2.06%$121.42M
Irenic capital management lp597.70K1.64%$34.17M
Qsv equity investors10.30K1.36%$918.04K

Top Buyers

HolderShares% AssetsChange
Disciplined growth investors inc /mn2.12M2.06%1.31M
Engine capital management, lp916.38K5.10%916.38K
Invenomic capital management lp869.41K2.97%605.32K
Sixth street partners management company542.52K0.00%542.52K
Geode capital management1.27M0.00%268.29K

Top Sellers

HolderShares% AssetsChange
Bank of america corp /de/378.59K0.00%-620.03K
Macquarie group---600.98K
Kayne anderson rudnick investment management---555.64K
Nordea investment management ab---537.91K
Riverbridge partners24.31K0.04%-383.07K

New Positions

HolderShares% AssetsChangeValue
Engine capital management, lp916.38K5.10%916.38K$52.39M
Sixth street partners management company542.52K0.00%542.52K$31.02M
Long path partners lp180.91K4.41%180.91K$10.34M
Perry creek capital lp105.93K2.77%105.93K$6.06M
Diametric capital, lp59.55K0.36%59.55K$3.40M

Sold Out

HolderChange
Wealthtrak capital management-1.00
Jfs wealth advisors-1.00
Cullen/frost bankers-1.00
Dunhill financial-1.00
Abound wealth management-2.00

Institutional Ownership Trends


DateHoldingsChange %SharesChange %OwnershipChange %Increased PositionChange %Decreased PositionChange %
Mar 31, 2026196-46.74%19,799,267-48.34%520.51%98-46.74%61-58.22%
Dec 31, 2025248-38.77%27,777,947-36.45%730.55%122-39.60%97-37.82%
Sep 30, 2025392-11.11%43,615,33918.83%1141.23%197-17.23%1494.20%
Jun 30, 2025446-0.67%37,986,5272.84%1001.06%2393.46%145-9.94%
Mar 31, 20257-98.48%808,469-97.86%20.02%5-97.85%1-99.43%

Top Mutual Funds Shareholders


HolderShares% HoldingChange
iShares Core S&P Small-Cap ETF2.24M6.09%1.43K
Vanguard US Total Market Shares ETF1.20M3.16%26.82K
Vanguard Total Stock Mkt Idx Inv1.11M3.02%-86.63K
Vanguard Morn Total Stk Mkt Idx Investor1.11M3.02%-86.63K
Neuberger Genesis Inv1.02M2.77%-17.03K
iShares Russell 2000 ETF952.89K2.60%-16.90K
Vanguard Information Technology ETF952.22K2.59%6.17K
Vanguard Small Cap Index797.92K2.17%-62.43K
Neuberger Berman Genesis Inv676.07K1.78%-303.43K
Van Berkom Sm-Cap Eq630.33K1.72%-47.91K

Recent Insider Transactions


DateNameRoleActivityValue
May 07, 2026Reaume Marty M-Sell$57.03K
Apr 07, 2026Reaume Marty M-Sell$57.90K
Mar 09, 2026Reaume Marty M-Sell$62.73K
Feb 20, 2026Collins Chadwick Chief Executive OfficerSell$451.74K
Feb 20, 2026Collins Chadwick Chief Executive OfficerSell$167.33K

Insider Transactions Trends


DateBuySell
2026 Q1-12
2025 Q4--
2025 Q3--
2025 Q2--
2025 Q1-80

SPSC Ownership FAQ


Who owns the most shares of SPS Commerce?

SPS Commerce’s largest shareholders are Blackrock funding, inc. /de (5.93M shares, 15.88%), Vanguard group (4.93M shares, 13.00%), and Disciplined growth investors inc /mn (2.12M shares, 5.68%). Together, they hold 34.56% of SPS Commerce’s total shares outstanding.

Does Blackrock own SPS Commerce?

BlackRock is not among the top 10 institutional shareholders of SPS Commerce.

Who is SPS Commerce’s biggest shareholder by percentage of total assets invested?

Lightrock netherlands b.v is SPS Commerce’s biggest shareholder by percentage of total assets invested, with 6.92% of its assets in 613.17K SPS Commerce shares, valued at 35.05M$.

Who is the top mutual fund holder of SPS Commerce shares?

iShares Core S&P Small-Cap ETF is the top mutual fund holder of SPS Commerce shares, with 6.09% of its total shares outstanding invested in 2.24M SPS Commerce shares.

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