SPS Commerce, Inc.
US ˙ NasdaqGS ˙ US78463M1071

SecuritySPSC / SPS Commerce, Inc.
InstitutionSquarepoint Ops LLC
Latest Disclosed Ownership0 shares
Latest Disclosed Value $ 0
Squarepoint Ops LLC closes position in SPSC / SPS Commerce, Inc.

On February 13, 2026 - Squarepoint Ops LLC filed a 13F-HR form disclosing ownership of 0 shares of SPS Commerce, Inc. (US:SPSC) valued at $0 USD as of December 31, 2025. The entity filed a previous 13F-HR on November 14, 2025 disclosing 17,323 shares of SPS Commerce, Inc.. The current value of the position is $0 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 0 -100.00 0
2025-11-14 2025-09-30 13F SPS COMM COM 78463M107 17,323 -176,844 -91.08 1,804 -93.17 0.0018
2025-08-27 2025-06-30 13F/A-1 SPS COMM COM 78463M107 194,167 -31,422 -13.93 26,424 -11.75 0.0275
2025-08-14 2025-06-30 13F SPS COMM COM 78463M107 194,167 -31,422 26,424 0.0275
2025-08-27 2025-03-31 13F/A-1 SPS COMM COM 78463M107 225,589 225,589 29,942 0.0363
2025-05-15 2025-03-31 13F SPS COMM COM 78463M107 225,589 225,589 29,942 0.0363
2024-08-14 2024-06-30 13F SPS COMM COM 78463M107 0 -11,214 -100.00 0 -100.00
2024-05-15 2024-03-31 13F SPS COMM COM 78463M107 11,214 11,214 2,073 0.0036
2024-02-14 2023-12-31 13F SPS COMM COM 78463M107 0 -1,738 -100.00 0 -100.00
2023-11-14 2023-09-30 13F SPS COMM COM 78463M107 1,738 1,738 297 0.0007
2023-08-14 2023-06-30 13F SPS COMM COM 78463M107 0 -21,004 -100.00 0 -100.00
2023-05-15 2023-03-31 13F SPS COMM COM 78463M107 21,004 13,948 197.68 3,199 252.98 0.0130
2023-02-14 2022-12-31 13F SPS COMM COM 78463M107 7,056 7,056 906 0.0036
2022-11-14 2022-09-30 13F SPS COMM COM 78463M107 0 -4,710 -100.00 0 -100.00
2022-08-15 2022-06-30 13F SPS COMM COM 78463M107 4,710 -990 -17.37 532 -28.88 0.0030
2022-05-16 2022-03-31 13F SPS COMM COM 78463M107 5,700 3,564 166.85 748 146.05 0.0032
2022-02-14 2021-12-31 13F SPS COMM COM 78463M107 2,136 2,136 304 0.0008
2021-08-16 2021-06-30 13F SPS COMM COM 78463M107 0 -4,174 -100.00 0 -100.00
2021-05-17 2021-03-31 13F SPS COMM COM 78463M107 4,174 961 29.91 415 18.91 0.0024
2021-02-16 2020-12-31 13F SPS COMMERCE COM 78463M107 3,213 3,213 -23.02 349 -15.90 0.0026
2020-11-16 2020-09-30 13F SPS COMMERCE COM 78463M107 0 -3,735 -100.00 0 -100.00
2020-08-14 2020-06-30 13F SPS COMMERCE COM 78463M107 3,735 -8,669 -69.89 281 -51.30 0.0045
2020-05-15 2020-03-31 13F SPS COMMERCE COM 78463M107 12,404 229 1.88 577 -14.52 0.0148
2020-02-14 2019-12-31 13F SPS COMMERCE COM 78463M107 12,175 -107,967 -89.87 675 -88.06 0.0040
2019-11-14 2019-09-30 13F SPS COMMERCE COM 78463M107 120,142 83,046 223.87 5,655 49.13 0.0505
2019-08-14 2019-06-30 13F SPS COMMERCE COM 78463M107 37,096 14,696 65.61 3,792 59.60 0.0370
2019-05-15 2019-03-31 13F SPS COMMERCE COM 78463M107 22,400 14,595 187.00 2,376 269.52 0.0252
2019-02-14 2018-12-31 13F SPS COMM COM 78463M107 7,805 4,837 162.97 643 117.97 0.0075
2018-11-14 2018-09-30 13F SPS COMM COM 78463M107 2,968 2,968 -61.97 295 -54.12 0.0035
2018-08-14 2018-06-30 13F SPS COMM COM 78463M107 0 -5,282 -100.00 0 -100.00
2018-05-15 2018-03-31 13F SPS COMM COM 78463M107 5,282 -4,458 -45.77 338 -28.54 0.0054
2018-02-14 2017-12-31 13F SPS COMM COM 78463M107 9,740 4,721 94.06 473 65.96 0.0082
2017-11-14 2017-09-30 13F SPS COMM COM 78463M107 5,019 5,019 285 0.0055
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.