Golden Door Asset

01 · Who owns it

The software investor book

391 software names, with every line from the 13F information table. 36 active filers in the default cut, plus 46 private firms that do not show a material 13F. Net bought is the change in shares at the prior quarter’s close. This page is Q2 2017, not the latest extract.

Q2 2017 · ended 30 June 2017 · compared with 31 March 2017

Bought the most software

  1. Gates Foundation Trust+$4.2B
  2. Capital Research Global Investors+$2.1B
  3. BlackRock+$1.7B
  4. Fidelity+$1.7B
  5. Lone Pine Capital+$1.0B
  6. Arrowstreet Capital, Limited Partnership+$811M

Sold the most software

  1. State Street−$930M
  2. Capital World Investors−$907M
  3. Bank of New York Mellon−$826M
  4. Primecap Management Co−$787M
  5. Bank of America−$585M
  6. Invesco−$565M

Largest line changes

Specialists and crossovers only. Each figure is one name’s share change at the prior close. The lists above stay the whole sleeve, including the index filers.

Bought

  1. Lone Pine CapitalMicrosoft MSFT+$638M
  2. Tiger Global ManagementMicrosoft MSFT+$551M
  3. Lone Pine CapitalServiceNow NOW+$282M
  4. Lone Pine CapitalSalesforce CRM+$218M
  5. Coatue ManagementShopify SHOP+$179M
  6. Coatue ManagementServiceNow NOW+$152M
  7. Coatue ManagementSalesforce CRM+$89.8M
  8. Coatue ManagementTwilio TWLO+$41.1M

Sold

  1. Silver Lake GroupGoDaddy GDDY−$384M
  2. Silver Lake GroupBlackLine BL−$119M
  3. Lone Pine CapitalAdobe ADBE−$115M
  4. Light Street Capital ManagementShopify SHOP−$35.7M
  5. Dragoneer Investment GroupBlock, Inc. XYZ−$15.4M
  6. Light Street Capital ManagementBlackLine BL−$10.4M
  7. Praesidium Investment Management CompanyProgress PRGS−$7.7M
  8. Dragoneer Investment GroupThe Trade Desk TTD−$6.3M

36 firms