SPS Commerce, Inc.
US ˙ NasdaqGS ˙ US78463M1071

SecuritySPSC / SPS Commerce, Inc.
InstitutionVictory Capital Management Inc
Latest Disclosed Ownership46,393 shares
Latest Disclosed Value $ 2,582,698
Victory Capital Management Inc reports 358.88% increase in ownership of SPSC / SPS Commerce, Inc.

On May 15, 2026 - Victory Capital Management Inc filed a 13F-HR form disclosing ownership of 46,393 shares of SPS Commerce, Inc. (US:SPSC) valued at $2,582,698 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 10,110 shares of SPS Commerce, Inc.. This represents a change in shares of 358.88% during the quarter. The current value of the position is $2,573,420 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.

Upgrade to unlock premium data and export to Excel .

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)
2026-05-15 2026-03-31 13F SPS COMM COM 78463M107 46,393 36,283 358.88 2,583 186.57 0.0012
2026-02-13 2025-12-31 13F SPS COMM COM 78463M107 10,110 4,360 75.83 901 50.67 0.0005
2025-11-12 2025-09-30 13F SPS COMM COM 78463M107 5,750 -214 -3.59 599 -26.26 0.0004
2025-08-13 2025-06-30 13F SPS COMM COM 78463M107 5,964 -5,612 -48.48 812 -47.20 0.0005
2025-05-02 2025-03-31 13F SPS COMM COM 78463M107 11,576 -525 -4.34 1,536 -31.00 0.0016
2025-02-06 2024-12-31 13F SPS COMM COM 78463M107 12,101 -4,323 -26.32 2,226 -30.20 0.0022
2024-11-05 2024-09-30 13F SPS COMM COM 78463M107 16,424 4,115 33.43 3,189 37.69 0.0031
2024-08-05 2024-06-30 13F SPS COMM COM 78463M107 12,309 848 7.40 2,316 9.30 0.0023
2024-05-03 2024-03-31 13F SPS COMM COM 78463M107 11,461 -1,802 -13.59 2,119 -17.55 0.0021
2024-02-05 2023-12-31 13F SPS COMM COM 78463M107 13,263 -2,167 -14.04 2,571 -2.36 0.0027
2023-11-06 2023-09-30 13F SPS COMM COM 78463M107 15,430 -1,061 -6.43 2,633 -16.89 0.0030
2023-07-27 2023-06-30 13F SPS COMM COM 78463M107 16,491 122 0.75 3,167 27.09 0.0035
2023-05-02 2023-03-31 13F SPS COMM COM 78463M107 16,369 -11,509 -41.28 2,493 -30.39 0.0028
2023-04-25 2022-12-31 13F/A-3 SPS COMM COM 78463M107 27,878 18,942 211.97 3,580 222.52 0.0041
2023-03-10 2022-12-31 13F/A-2 SPS COMM COM 78463M107 27,878 18,942 3,580 0.0039
2023-02-10 2022-12-31 13F/A-1 SPS COMM COM 78463M107 27,878 18,942 3,580 0.0025
2023-02-09 2022-12-31 13F SPS COMM COM 78463M107 28,967 20,031 3,942 0.0027
2022-11-02 2022-09-30 13F SPS COMM COM 78463M107 8,936 131 1.49 1,110 11.56 0.0013
2022-08-01 2022-06-30 13F SPS COMM COM 78463M107 8,805 228 2.66 995 -3.02 0.0011
2022-05-04 2022-03-31 13F SPS COMM COM 78463M107 8,577 3,438 66.90 1,026 40.16 0.0010
2022-02-07 2021-12-31 13F SPS COMM COM 78463M107 5,139 -656 -11.32 732 -21.71 0.0007
2021-11-02 2021-09-30 13F SPS COMM COM 78463M107 5,795 -108 -1.83 935 58.74 0.0009
2021-08-03 2021-06-30 13F SPS COMM COM 78463M107 5,903 -5,984 -50.34 589 -50.08 0.0006
2021-05-04 2021-03-31 13F SPS COMM COM 78463M107 11,887 -448 -3.63 1,180 -11.87 0.0012
2021-02-01 2020-12-31 13F SPS COMMERCE COM 78463M107 12,335 4,769 63.03 1,339 127.33 0.0015
2020-11-09 2020-09-30 13F SPS Commerce COM 78463M107 7,566 -773 -9.27 589 -5.91 0.0008
2020-08-07 2020-06-30 13F SPS COMMERCE COM 78463M107 8,339 698 9.13 626 76.34 0.0008
2020-05-12 2020-03-31 13F/A-1 SPS COMMERCE COM 78463M107 7,641 -1,136 -12.94 355 -26.95 0.0006
2020-05-04 2020-03-31 13F SPS COMMERCE COM 78463M107 7,641 -1,136 355 388.5114
2020-02-06 2019-12-31 13F/A-1 SPS COMMERCE COM 78463M107 8,777 1,481 20.30 486 41.69 0.0006
2020-02-04 2019-12-31 13F SPS COMMERCE COM 78463M107 8,951 1,655 509 610.1335
2019-11-12 2019-09-30 13F SPS COMMERCE COM 78463M107 7,296 6,388 703.52 343 268.82 0.0004
2019-08-15 2019-06-30 13F SPS COMMERCE COM 78463M107 908 -1,577 -63.46 93 -64.77 0.0002
2019-05-03 2019-03-31 13F SPS COMMERCE CS 78463M107 2,485 2,485 264 0.0006
2018-05-04 2018-03-31 13F SPS COMM COM 78463M107 0 -2,685 -100.00 0 -100.00
2018-02-01 2017-12-31 13F SPS COMM COM 78463M107 2,685 233 9.50 130 -6.47 0.0003
2017-10-27 2017-09-30 13F SPS COMM COM 78463M107 2,452 94 3.99 139 -7.33 0.0003
2017-08-07 2017-06-30 13F SPS COMM COM 78463M107 2,358 355 17.72 150 28.21 0.0004
2017-05-10 2017-03-31 13F SPS COMM COM 78463M107 2,003 911 83.42 117 53.95 0.0003
2017-02-09 2016-12-31 13F SPS COMM COM 78463M107 1,092 -27 -2.41 76 -7.32 0.0002
2016-11-02 2016-09-30 13F SPS COMM COM 78463M107 1,119 -481 -30.06 82 -15.46 0.0002
2016-08-09 2016-06-30 13F SPS COMM COM 78463M107 1,600 696 76.99 97 148.72 0.0004
2016-05-17 2016-03-31 13F/A-2 SPS COMM COM 78463M107 904 -438 -32.64 39 -58.51 0.0002
2016-05-12 2016-03-31 13F/A-1 SPS COMM COM 78463M107 904 0 39 0.0002
2016-05-12 2016-03-31 13F SPS COMM COM 78463M107 904 39
2016-02-10 2015-12-31 13F SPS COMM COM 78463M107 1,342 -43 -3.10 94 0.00 0.0004
2015-11-06 2015-09-30 13F SPS COMM COM 78463M107 1,385 366 35.92 94 38.24 0.0004
2015-08-14 2015-06-30 13F/A-01 SPS Commerce COM 78463M107 1,019 1,019 68 0.0003
2015-08-07 2015-06-30 13F SPS Commerce COM 78463M107 1,019 68
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.