You are right.
Me bad. I already deleted the 2.0.8 update so made a little mistake.
It is
.sp-simpleportfolio .sp-simpleportfolio-filter>ul>li{float:left;display:block;margin:0 5px 5px 0}
Check spsimpleportfolio.css (2.0.8)
.sp-simpleportfolio{padding:0}.sp-simpleportfolio:after,.sp-simpleportfolio:before{content:" ";display:table}.sp-simpleportfolio:after{clear:both}.sp-simpleportfolio .sp-simpleportfolio-img{display:block;max-width:100%;height:auto}.sp-simpleportfolio .sp-simpleportfolio-filter{text-align:center;margin-bottom:30px}.sp-simpleportfolio .sp-simpleportfolio-filter>ul{list-style:none;padding:0;margin:0;display:inline-block}.sp-simpleportfolio .sp-simpleportfolio-filter>ul>li{float:left;display:block;margin:0 5px 5px 0}
For 2.0.7
.sp-simpleportfolio{padding:0}.sp-simpleportfolio:after,.sp-simpleportfolio:before{content:" ";display:table}.sp-simpleportfolio:after{clear:both}.sp-simpleportfolio .sp-simpleportfolio-img{display:block;max-width:100%;height:auto}.sp-simpleportfolio .sp-simpleportfolio-filter{text-align:center;margin-bottom:30px}.sp-simpleportfolio .sp-simpleportfolio-filter>ul{list-style:none;padding:0;margin:0;display:inline-block}.sp-simpleportfolio .sp-simpleportfolio-filter>ul>li{float:left;display:block;margin:0 5px}