Generalist · Stockholm, Sweden
Nordea Investment Management Ab
Q2 2025 · compared with Q1 2025
- Software
- $17.7B
- Weight of 13F
- 16.5%
- Names
- 92
- Net bought
- +$529M
Filed 29 July 2025 · SEC filing.
860 positions in the whole 13F.
Quarters on file
Each quarter on file, back to June 2016 when the filing exists. Net bought is the share change from the previous quarter at that quarter’s close. A split that leaves the dollar value in place counts as flat.
- Q2 202694 names$11.5B−$618M
- Q1 202691 names$11.0B−$985M
- Q4 202596 names$15.3B+$2.9B
- Q3 202595 names$17.1B−$334M
- Q2 202592 names$17.7B+$529M
- Q1 202591 names$14.1B+$1.1B
- Q4 202489 names$14.7B+$1.2B
- Q3 202486 names$13.2B+$402M
- Q2 202486 names$12.8B+$384M
- Q1 202488 names$12.1B−$184M
- Q4 202385 names$11.4B−$472M
- Q3 202384 names$10.5B−$270M
- Q2 202382 names$11.1B−$509M
- Q1 202379 names$10.1B+$60.5M
- Q4 202276 names$8.8B+$670M
- Q3 202280 names$7.9B−$253M
- Q2 202278 names$8.5B+$1.4B
- Q1 202276 names$9.9B+$132M
- Q4 202179 names$10.6B−$9.4B
- Q3 202174 names$19.3B+$9.0B
- Q2 202175 names$9.5B+$71.0M
- Q1 202169 names$8.6B−$55.6M
- Q4 202064 names$8.5B+$585M
- Q3 202062 names$7.1B−$5.9B
- Q2 202059 names$12.4B+$5.3B
- Q1 202054 names$4.8B+$420M
- Q4 201952 names$4.8B+$349M
- Q3 201947 names$4.1B+$603M
- Q2 201948 names$3.6B−$27.3M
- Q1 201948 names$3.4B+$156M
- Q4 201841 names$2.7B+$366M
- Q3 201843 names$2.8B+$169M
- Q2 201837 names$2.2B+$324M
- Q1 201835 names$1.8B+$42.8M
- Q4 201733 names$1.7B+$44.5M
- Q3 201731 names$1.6B+$82.2M
- Q2 201731 names$1.4B+$27.4M
- Q1 201732 names$1.3B−$85.8M
- Q4 201634 names$1.3B+$2.6M
- Q3 201633 names$1.2B+$90.1M
- Q2 201633 names$1.1B—
What moved the book
The five software lines with the largest share change this quarter.
Software held
- MicrosoftMSFT14,153,148 shares · 39.6% of their software · price +$1.7B$7.0B+$77.1M
- ServiceNowNOW896,122 shares · 5.2% of their software · price +$208M$919M+$102M
- FortinetFTNT6,726,135 shares · 4.0% of their software · price +$63.6M$706M−$13.7M
- AdobeADBE1,805,683 shares · 4.0% of their software · price +$6.0M$703M+$35.3M
- IntuitINTU875,558 shares · 3.9% of their software · price +$152M$687M+$126M
- SalesforceCRM2,271,603 shares · 3.5% of their software · price +$9.8M$621M+$33.8M
- CadenceCDNS1,793,835 shares · 3.1% of their software · price +$96.5M$555M−$361M
- SynopsysSNPS1,058,564 shares · 3.1% of their software · price +$88.7M$545M−$78.0M
- Uber Technologies, Inc.UBER5,459,829 shares · 2.9% of their software · price +$112M$507M+$205M
- Palo Alto NetworksPANW2,365,301 shares · 2.7% of their software · price +$80.4M$479M+$17.8M
- Automatic Data Processing, Inc.ADP1,472,835 shares · 2.5% of their software · price +$4.2M$448M−$10.5M
- CrowdStrikeCRWD800,068 shares · 2.3% of their software · price +$125M$406M+$9.8M
- PalantirPLTR2,470,129 shares · 1.9% of their software · price +$128M$340M+$112M
- WorkdayWDAY1,397,260 shares · 1.9% of their software · price +$9.0M$335M+$49.9M
- Fiserv, Inc.FISV1,925,448 shares · 1.9% of their software · price −$93.2M$329M+$45.9M
- Check PointCHKP1,203,722 shares · 1.5% of their software · price −$8.0M$264M−$4.2M
- NutanixNTNX2,924,167 shares · 1.3% of their software · price +$19.4M$225M+$18.6M
- AkamaiAKAM2,456,506 shares · 1.1% of their software · price −$1.8M$196M−$2.4M
- SPS CommerceSPSC1,330,237 shares · 1.0% of their software · price +$4.5M$178M+$147M
- Amdocs LimitedDOX1,879,023 shares · 1.0% of their software$171M+$26.3M
- OracleORCL769,111 shares · 1.0% of their software · price +$60.6M$170M−$31.9M
- Roper Technologies, Inc.ROP294,853 shares · 0.9% of their software · price −$6.7M$166M−$84.1M
- FactSetFDS347,220 shares · 0.9% of their software · price −$2.6M$154M−$4.5M
- TwilioTWLO1,123,638 shares · 0.8% of their software · price +$29.7M$140M+$107M
- AtlassianTEAM600,149 shares · 0.7% of their software · price −$5.5M$122M+$117M
- Paychex, Inc.PAYX846,180 shares · 0.7% of their software · price −$7.5M$121M+$17.1M
- VeevaVEEV391,273 shares · 0.6% of their software · price +$22.0M$111M+$7.7M
- VeriskVRSK347,285 shares · 0.6% of their software · price +$4.8M$107M−$16.3M
- Grab Holdings LimitedGRAB17,190,535 shares · 0.5% of their software · price +$8.6M$87.6M+$2.0M
- DocuSignDOCU1,114,392 shares · 0.5% of their software · price −$3.9M$86.4MFlat
- AppLovinAPP213,855 shares · 0.4% of their software · price +$18.2M$76.8M+$7.9M
- ZoomZM864,519 shares · 0.4% of their software · price +$3.6M$67.1M+$1.5M
- WorkivaWK907,861 shares · 0.3% of their software · price −$6.8M$61.2M−$2.1M
- BroadridgeBR220,314 shares · 0.3% of their software$52.9M+$15.5M
- Fair IsaacFICO28,240 shares · 0.3% of their software$51.2M+$861K
- PaycomPAYC213,509 shares · 0.3% of their software · price +$2.8M$48.7M−$1.5M
- SS&CSSNC484,979 shares · 0.2% of their software$40.0M+$14.2M
- NetApp, Inc.NTAP336,347 shares · 0.2% of their software · price +$6.3M$35.8M+$567K
- GitLabGTLB610,902 shares · 0.2% of their software · price −$1.2M$28.0M+$22.5M
- ZscalerZS84,437 shares · 0.1% of their software · price +$9.8M$26.3MFlat
- Manhattan AssociatesMANH130,300 shares · 0.1% of their software · price +$3.2M$25.6MFlat
- F5, Inc.FFIV72,273 shares · 0.1% of their software · price +$2.0M$21.5MFlat
- MorningstarMORN60,181 shares · 0.1% of their software · price +$846K$18.8M+$526K
- VeriSign, Inc.VRSN59,217 shares · 0.1% of their software · price +$2.1M$17.0M−$71.9M
- BoxBOX359,341 shares · 0.1% of their software · price +$1.2M$12.2MFlat
- ACI WorldwideACIW246,006 shares · 0.1% of their software · price −$2.2M$11.4MFlat
- TenableTENB330,046 shares · 0.1% of their software$11.1MFlat
- QualysQLYS75,685 shares · 0.1% of their software · price +$1.3M$10.7MFlat
- PegasystemsPEGA196,065 shares · 0.1% of their software · price −$3.0M$10.5M+$6.8M
- Q2QTWO110,815 shares · 0.1% of their software · price +$1.5M$10.4MFlat
- Clear Secure, Inc.YOU358,788 shares · 0.1% of their software · price +$664K$9.9MFlat
- Lyft, Inc.LYFT575,665 shares · 0.1% of their software · price +$2.2M$9.1MFlat
- DatadogDDOG67,082 shares · 0.1% of their software · price +$2.4M$9.0M−$1.1M
- HubSpotHUBS16,043 shares · 0.1% of their software$8.9M+$3.9M
- Strategy IncMSTR21,472 shares · 0.0% of their software · price +$2.5M$8.4M+$913K
- CloudflareNET42,000 shares · 0.0% of their software · price +$3.5M$8.2MFlat
- MagniteMGNI330,917 shares · 0.0% of their software · price +$4.2M$7.9MSplit
- DigitalOceanDOCN270,459 shares · 0.0% of their software · price −$1.3M$7.6MFlat
- ElasticESTC88,846 shares · 0.0% of their software$7.5MFlat
- Euronet Worldwide, Inc.EEFT72,174 shares · 0.0% of their software$7.3MFlat
- Corpay, Inc.CPAY20,297 shares · 0.0% of their software$6.7M+$2.4M
- UnityU270,407 shares · 0.0% of their software · price +$1.2M$6.5MNew · +$5.3M
- AutodeskADSK21,254 shares · 0.0% of their software · price +$1.0M$6.5MFlat
- Intapp, Inc.INTA124,885 shares · 0.0% of their software · price −$844K$6.4MFlat
- SnowflakeSNOW27,693 shares · 0.0% of their software · price +$2.1M$6.2M+$540K
- Payoneer Global Inc.PAYO887,007 shares · 0.0% of their software$6.1MFlat
- The Trade DeskTTD81,926 shares · 0.0% of their software · price +$1.4M$6.0M−$74.6M
- Shift4 Payments, Inc.FOUR59,360 shares · 0.0% of their software · price +$1.0M$5.9MFlat
- DoximityDOCS85,439 shares · 0.0% of their software$5.2M+$1.1M
- PubMaticPUBM346,047 shares · 0.0% of their software · price +$1.1M$4.4MFlat
- TeradataTDC186,759 shares · 0.0% of their software$4.2MFlat
- ToastTOST92,721 shares · 0.0% of their software · price +$1.0M$4.1M+$1.1M
- monday.comMNDY12,568 shares · 0.0% of their software · price +$896K$4.0M+$1.4M
- Five9FIVN136,668 shares · 0.0% of their software$3.7MFlat
- UiPathPATH287,681 shares · 0.0% of their software · price +$719K$3.7MFlat
- OktaOKTA34,090 shares · 0.0% of their software$3.4M−$62.8M
- Block, Inc.XYZ45,725 shares · 0.0% of their software · price +$622K$3.1MFlat
- Zeta GlobalZETA189,397 shares · 0.0% of their software$3.0MFlat
- CoStarCSGP36,150 shares · 0.0% of their software$2.9MFlat
- MongoDBMDB13,389 shares · 0.0% of their software$2.8MFlat
- Cellebrite DI Ltd.CLBT174,734 shares · 0.0% of their software · price −$599K$2.8MFlat
- GoDaddyGDDY12,730 shares · 0.0% of their software$2.3MFlat
- Tyler TechnologiesTYL3,537 shares · 0.0% of their software$2.1MFlat
- WixWIX12,653 shares · 0.0% of their software$2.0M+$649K
- Rapid7RPD78,294 shares · 0.0% of their software$1.8MFlat
- PTCPTC9,834 shares · 0.0% of their software$1.7MFlat
- TrimbleTRMB21,386 shares · 0.0% of their software$1.6MFlat
- ShopifySHOP13,778 shares · 0.0% of their software$1.6MNew · +$1.3M
- Gen DigitalGEN50,542 shares · 0.0% of their software$1.5MFlat
- DynatraceDT22,785 shares · 0.0% of their software$1.3MFlat
- SamsaraIOT22,718 shares · 0.0% of their software$901KFlat
- Bentley SystemsBSY15,835 shares · 0.0% of their software$848KFlat