SPS Commerce, Inc.
US ˙ NasdaqGS ˙ US78463M1071

SecuritySPSC / SPS Commerce, Inc.
InstitutionBarclays Plc
Latest Disclosed Ownership259,426 shares
Latest Disclosed Value $ 23,122,639
Barclays Plc reports 51.48% increase in ownership of SPSC / SPS Commerce, Inc.

On February 13, 2026 - Barclays Plc filed a 13F-HR form disclosing ownership of 259,426 shares of SPS Commerce, Inc. (US:SPSC) valued at $23,122,639 USD as of December 31, 2025. The entity filed a previous 13F-HR/A on March 31, 2026 disclosing 171,264 shares of SPS Commerce, Inc.. This represents a change in shares of 51.48% during the quarter. The current value of the position is $14,411,114 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-02-13 2025-12-31 13F SPS COMM COM 78463M107 259,426 88,162 51.48 23,123 29.64 0.0055
2026-03-31 2025-09-30 13F/A-3 SPS COMM COM 78463M107 171,264 62,669 57.71 17,835 20.69 0.0039
2026-03-19 2025-09-30 13F/A-2 SPS COMM COM 78463M107 66,387 -42,208 12,890 0.0034
2025-11-12 2025-09-30 13F SPS COMM COM 78463M107 171,264 62,669 17,835 0.0039
2026-02-27 2025-06-30 13F/A-2 SPS COMM COM 78463M107 108,595 57,101 110.89 14,779 116.24 0.0034
2025-08-14 2025-06-30 13F/A-1 SPS COMM COM 78463M107 108,595 57,101 15 0.0034
2025-08-13 2025-06-30 13F SPS COMM COM 78463M107 108,595 57,101 15 0.0011
2026-03-17 2025-03-31 13F/A-1 SPS COMM COM 78463M107 51,494 -17,698 -25.58 6,835 -46.32 0.0019
2025-05-15 2025-03-31 13F SPS COMM COM 78463M107 51,494 -17,698 7 0.0019
2026-03-19 2024-12-31 13F/A-1 SPS COMM COM 78463M107 69,192 2,805 4.23 12,731 -1.24 0.0036
2025-02-13 2024-12-31 13F SPS COMM COM 78463M107 69,192 2,805 13 0.0036
2026-03-31 2024-09-30 13F/A-2 SPS COMM COM 78463M107 66,387 44,946 209.63 12,890 219.53 0.0034
2024-11-19 2024-09-30 13F/A-1 SPS COMM COM 78463M107 66,387 44,946 13 0.0034
2024-11-15 2024-09-30 13F SPS COMM COM 78463M107 66,387 44,946 13 0.0010
2026-03-23 2024-06-30 13F/A-1 SPS COMM COM 78463M107 21,441 -11,632 -35.17 4,034 -34.03 0.0012
2024-08-14 2024-06-30 13F SPS COMM COM 78463M107 21,441 -11,632 4 0.0012
2026-03-24 2024-03-31 13F/A-1 SPS COMM COM 78463M107 33,073 -24,620 -42.67 6,115 -45.32 0.0021
2024-05-15 2024-03-31 13F SPS COMM COM 78463M107 33,073 -24,620 6 0.0021
2026-03-25 2023-12-31 13F/A-1 SPS COMM COM 78463M107 57,693 30,776 114.34 11,183 143.53 0.0041
2024-02-15 2023-12-31 13F SPS COMM COM 78463M107 57,693 30,776 11 0.0041
2026-03-26 2023-09-30 13F/A-1 SPS COMM COM 78463M107 26,917 960 3.70 4,592 -7.88 0.0029
2023-11-07 2023-09-30 13F SPS COMM COM 78463M107 26,917 960 5 0.0029
2026-03-30 2023-06-30 13F/A-2 SPS COMM COM 78463M107 25,957 -8,690 -25.08 4,985 -5.52 0.0032
2023-09-20 2023-06-30 13F/A-1 SPS COMM COM 78463M107 25,957 -8,690 5 0.0032
2023-08-03 2023-06-30 13F SPS COMM COM 78463M107 25,957 -8,690 5 0.0031
2026-03-30 2023-03-31 13F/A-1 SPS COMM COM 78463M107 34,647 16,316 89.01 5,277 124.13 0.0024
2023-05-04 2023-03-31 13F SPS COMM COM 78463M107 34,647 16,316 5 0.0024
2026-03-30 2022-12-31 13F/A-1 SPS COMM COM 78463M107 18,331 5,631 44.34 2,354 49.18 0.0011
2023-02-13 2022-12-31 13F SPS COMM COM 78463M107 18,331 5,631 2 0.0011
2022-11-03 2022-09-30 13F SPS COMM COM 78463M107 12,700 -2,816 -18.15 1,578 -10.09 0.0017
2022-08-12 2022-06-30 13F SPS COMM COM 78463M107 15,516 -16,054 -50.85 1,755 -57.64 0.0011
2022-05-16 2022-03-31 13F SPS COMM COM 78463M107 31,570 -19,733 -38.46 4,143 -43.27 0.0032
2022-02-23 2021-12-31 13F/A-1 SPS COMM COM 78463M107 51,303 18,551 56.64 7,303 38.24 0.0027
2022-02-14 2021-12-31 13F SPS COMM COM 78463M107 51,303 18,551 7,303 0.0008
2021-11-09 2021-09-30 13F SPS COMM COM 78463M107 32,752 8,974 37.74 5,283 122.54 0.0024
2021-08-13 2021-06-30 13F SPS COMM COM 78463M107 23,778 -24,111 -50.35 2,374 -50.09 0.0011
2021-05-13 2021-03-31 13F SPS COMM COM 78463M107 47,889 -7,299 -13.23 4,757 -20.61 0.0026
2021-02-11 2020-12-31 13F SPS COMMERCE COM 78463M107 55,188 -8,962 -13.97 5,992 19.94 0.0032
2020-11-12 2020-09-30 13F SPS COMMERCE COM 78463M107 64,150 27,873 76.83 4,996 83.34 0.0030
2020-08-12 2020-06-30 13F SPS COMMERCE COM 78463M107 36,277 -9,972 -21.56 2,725 26.69 0.0021
2020-05-13 2020-03-31 13F SPS COMMERCE COM 78463M107 46,249 -23,667 -33.85 2,151 -44.49 0.0017
2020-02-10 2019-12-31 13F SPS COMMERCE COM 78463M107 69,916 28,236 67.74 3,875 97.70 0.0022
2019-11-15 2019-09-30 13F/A-1 SPS COMMERCE COM 78463M107 41,680 12,459 42.64 1,960 -34.38 0.0012
2019-11-14 2019-09-30 13F SPS COMMERCE COM 78463M107 41,680 12,459 1,960 453.1542
2019-08-14 2019-06-30 13F SPS COMMERCE COM 78463M107 29,221 -10,207 -25.89 2,987 -28.57 0.0018
2019-05-15 2019-03-31 13F SPS COMMERCE COM 78463M107 39,428 26,842 213.27 4,182 303.28 0.0029
2019-02-14 2018-12-31 13F SPS COMM COM 78463M107 12,586 -8,303 -39.75 1,037 -49.98 0.0008
2018-11-14 2018-09-30 13F SPS COMM COM 78463M107 20,889 -5,758 -21.61 2,073 5.93 0.0014
2018-08-14 2018-06-30 13F SPS COMM COM 78463M107 26,647 16,467 161.76 1,957 200.15 0.0017
2018-05-15 2018-03-31 13F SPS COMM COM 78463M107 10,180 3,526 52.99 652 101.23 0.0005
2018-02-14 2017-12-31 13F SPS COMM COM 78463M107 6,654 2,610 64.54 324 41.48 0.0003
2017-11-14 2017-09-30 13F SPS COMM COM 78463M107 4,044 2,001 97.94 229 76.15 0.0002
2017-08-14 2017-06-30 13F SPS COMM COM 78463M107 2,043 1,491 270.11 130 306.25 0.0001
2017-05-15 2017-03-31 13F SPS COMM COM 78463M107 552 -571 -50.85 32 -59.49 0.0000
2017-02-14 2016-12-31 13F SPS COMM COM 78463M107 1,123 289 34.65 79 27.42 0.0001
2016-11-14 2016-09-30 13F SPS COMM COM 78463M107 834 -566 -40.43 62 -27.06 0.0001
2016-08-12 2016-06-30 13F SPS COMM COM 78463M107 1,400 1,024 272.34 85 431.25 0.0001
2016-05-16 2016-03-31 13F SPS COMM COM 78463M107 376 368 4,600.00 16 1,500.00 0.0000
2016-02-12 2015-12-31 13F SPS COMM COM 78463M107 8 -549 -98.56 1 -97.30 0.0000
2015-11-13 2015-09-30 13F SPS COMM COM 78463M107 557 95 20.56 37 23.33 0.0000
2015-08-14 2015-06-30 13F SPS COMM COM 78463M107 462 -8,521 -94.86 30 -95.02 0.0000
2015-05-19 2015-03-31 13F/A-1 SPS COMM COM 78463M107 8,983 -1,524 -14.50 602 2.38 0.0007
2015-05-14 2015-03-31 13F SPS COMM COM 78463M107 8,983 602
2015-02-13 2014-12-31 13F SPS COMM COM 78463M107 10,507 9,808 1,403.15 588 1,489.19 0.0006
2014-11-14 2014-09-30 13F SPS COMM COM 78463M107 699 381 119.81 37 85.00 0.0000
2014-08-14 2014-06-30 13F SPS COMM COM 78463M107 318 -2,035 -86.49 20 -86.21 0.0000
2014-05-15 2014-03-31 13F SPS COMM COM 78463M107 2,353 -203 -7.94 145 -12.65 0.0002
2014-02-13 2013-12-31 13F SPS COMM COM 78463M107 2,556 584 29.61 166 27.69 0.0002
2013-11-14 2013-09-30 13F SPS COMM COM 78463M107 1,972 -55 -2.71 130 17.12 0.0002
2013-08-14 2013-06-30 13F SPS COMM COM 78463M107 2,027 2,027 111 0.0001
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.