SPSC β€” SPS COMMERCE INC

Ownership history in Hardy Reed LLC  Β·  26 quarters on record

AI Ownership Summary

Hardy Reed LLC reported SPS COMMERCE INC (SPSC) in 26 quarterly 13F filings from 2023 Q3 through 2025 Q3. Peak portfolio weight reached 0.1% in 2023 Q3. The latest visible filing shows SPSC at 0.02% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings. Older history is available after unlock; the visible window still shows the most recent pattern.

What this SPSC ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was Hardy Reed LLC's position in SPS COMMERCE INC, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2025 Q3

SPSC was reported at 0.02% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
0.1% in 2023 Q3

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2023 Q3 to 2025 Q3

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

How Hardy Reed LLC held SPSC β€” position size vs. price
% of Fund (quarterly)    SPSC price (quarter-end, indexed to 100)
πŸ“‹ Quarterly Holdings History 9 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2025 Q3 REDUCED 2,200 -546 -19.9% 0.02% $229K 2025-11-07 $82.04
2025 Q2 ADDED 2,746 +75 +2.8% 0.03% $374K 2025-07-23 $140.26
2025 Q1 UNCHANGED 2,671 β€” 0% 0.03% $355K 2025-05-02 $143.79
2024 Q4 REDUCED 2,671 -16 -0.6% 0.04% $491K 2025-02-03 $180.03
2024 Q3 REDUCED 2,687 -89 -3.2% 0.05% $522K 2024-11-13 $186.67
2024 Q2 UNCHANGED 2,776 β€” 0% 0.05% $522K 2024-08-12 $193.91
2024 Q1 REDUCED 2,776 -135 -4.6% 0.06% $513K 2024-05-02 $182.07
2023 Q4 REDUCED 2,911 -386 -11.7% 0.08% $564K 2024-01-24 $187.37
2023 Q3 UNCHANGED 3,297 β€” 0% 0.10% $563K 2023-11-09 $165.93
17 older quarters hidden  β€”  Sign in free or upgrade to Premium to see full history

FAQ About Hardy Reed LLC and SPSC

These are the practical questions this page is built to answer before you even open the full history table.

How long has Hardy Reed LLC reported owning SPSC?

Hardy Reed LLC reported SPSC across 9 quarterly 13F filings, from 2023 Q3 through 2025 Q3.

What was the largest reported SPSC position in Hardy Reed LLC's portfolio?

The largest reported portfolio weight for SPSC was 0.10% in 2023 Q3.

What is the latest reported SPSC position on this page?

The most recent filing on this page is 2025 Q3, when Hardy Reed LLC reported 2,200 shares, equal to 0.02% of portfolio, with an estimated market value of $229K.

What does the chart on this SPSC ownership page compare?

The chart compares Hardy Reed LLC's quarterly SPSC portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

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