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Fred Martin's Disciplined Growth Investors increased its SPSC position by 162%, from 0.92% to 2.06% of the portfolio.

Now holds 2,123,881 shares worth $121.42M.
Published · Based on SEC filings

Low impact
Major add
2026 Q2

Fred Martin's Disciplined Growth Investors increased its SPS Commerce Inc (SPSC) position by 162% in 2026 Q2, according to the 13F-HR filed with the SEC on August 14, 2026. The stake went from 811K to 2.12M shares, worth about $121.4M, and from 0.92% to 2.06% of the reported portfolio.

What did the 2026 Q2 filing report for SPSC?

As of June 30, 2026, from the 13F-HR filed August 14, 2026.

Before After
Shares 811K 2.12M
Shares added +1.31M (162%)
Reported value $45.1M $121.4M
Portfolio weight 0.92% 2.06%
Rank in portfolio 19th of 58

How much did Fred Martin add to SPSC?

Fred Martin added 1.31M shares of SPSC during 2026 Q2, taking the stake from 811K to 2.12M. The reported value of the position rose by about $76.3M, from about $45.1M to about $121.4M.

Where does SPSC sit in the Fred Martin portfolio?

SPSC ranks 19th of 58 stock positions in the Fred Martin portfolio at 2.06%, about the fund's average stock position of 2%. The SPSC addition was the 7th largest of the quarter's 63 position changes by percent change to portfolio. The largest stock position is PLXS at 7.34%. Next come VSAT at 7.21% and P at 6.2%. The three largest stocks together are 20.74% of the book. Across the 2026 Q2 portfolio, Fred Martin reported 58 stock positions, with 3 opened and 6 closed. The total portfolio value is about $5.9B, up 21% from the prior quarter.

Fred Martin buys and sells, 2026 Q2

How long has Fred Martin held SPSC?

Fred Martin first reported SPSC in the quarter ended March 31, 2016. The current weight is the highest the fund has reported for the name. Last quarter the fund had trimmed it by 4%. Every reported trade is on the Fred Martin SPSC trade history page.

Fred Martin shares of SPSC by quarter

FAQ

How many SPSC shares did Fred Martin buy in 2026 Q2?

Fred Martin added 1.31M shares of SPSC, a 162% increase, to 2.12M shares.

What is the SPSC position of Fred Martin worth now?

The SPSC position of Fred Martin is worth about $121.4M at June 30, 2026 prices, 2.06% of the portfolio.

Is SPSC a top holding of Fred Martin?

SPSC ranks 19th of 58 stock positions in the Fred Martin portfolio, at 2.06%.

Source: based on original SEC filings

Figures are from the fund's 13F, which lists long US-listed positions at quarter-end prices. Cash, short positions and most non-US holdings are not reported.
Stocks mentioned
Alan Irwin
Alan Irwin
Valuesider analyst