Generalist · Stockholm, Sweden
Nordea Investment Management Ab
Q3 2025 · compared with Q2 2025
- Software
- $17.1B
- Weight of 13F
- 15.0%
- Names
- 95
- Net bought
- −$334M
Filed 27 October 2025 · SEC filing.
844 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
- MicrosoftMSFT14,161,997 shares · 42.7% of their software · price +$291M$7.3BFlat
- ServiceNowNOW963,077 shares · 5.2% of their software · price −$104M$886M+$68.8M
- FortinetFTNT6,922,031 shares · 3.4% of their software · price −$150M$587M+$20.7M
- IntuitINTU819,955 shares · 3.3% of their software · price −$85.9M$565M−$43.8M
- SalesforceCRM2,300,371 shares · 3.2% of their software · price −$82.1M$546M+$7.8M
- AdobeADBE1,409,275 shares · 2.9% of their software · price −$48.1M$501M−$153M
- Palo Alto NetworksPANW2,430,115 shares · 2.9% of their software · price −$2.5M$498M+$13.3M
- SynopsysSNPS976,023 shares · 2.8% of their software · price −$18.8M$480M−$42.3M
- Uber Technologies, Inc.UBER4,497,806 shares · 2.6% of their software · price +$21.0M$437M−$89.8M
- PalantirPLTR2,260,519 shares · 2.4% of their software · price +$104M$410M−$28.6M
- CrowdStrikeCRWD835,405 shares · 2.4% of their software · price −$15.8M$406M+$18.0M
- Automatic Data Processing, Inc.ADP1,184,798 shares · 2.0% of their software · price −$17.7M$344M−$88.8M
- WorkdayWDAY1,393,596 shares · 2.0% of their software · price +$1.0M$340MFlat
- Fiserv, Inc.FISV2,003,668 shares · 1.5% of their software · price −$87.1M$259M+$13.5M
- AkamaiAKAM3,437,472 shares · 1.5% of their software · price −$13.7M$259M+$78.2M
- CadenceCDNS692,133 shares · 1.4% of their software · price +$29.8M$241M−$339M
- Check PointCHKP1,070,850 shares · 1.3% of their software · price −$15.4M$223M−$29.4M
- NutanixNTNX2,864,846 shares · 1.3% of their software · price −$5.9M$216M−$4.5M
- AppLovinAPP229,814 shares · 1.0% of their software · price +$84.7M$163M+$5.6M
- Paychex, Inc.PAYX1,260,376 shares · 0.9% of their software · price −$23.6M$155M+$60.2M
- VeevaVEEV523,247 shares · 0.9% of their software · price +$5.2M$153M+$38.0M
- OracleORCL544,796 shares · 0.9% of their software · price +$34.1M$152M−$49.0M
- Amdocs LimitedDOX1,801,486 shares · 0.9% of their software · price −$16.6M$147M−$7.1M
- SPS CommerceSPSC1,292,056 shares · 0.8% of their software · price −$41.3M$135M−$5.2M
- Grab Holdings LimitedGRAB19,886,007 shares · 0.7% of their software · price +$19.7M$121M+$13.6M
- WorkivaWK1,368,401 shares · 0.7% of their software · price +$24.1M$116M+$31.5M
- TwilioTWLO1,152,727 shares · 0.7% of their software · price −$28.0M$115M+$3.6M
- AtlassianTEAM721,690 shares · 0.7% of their software · price −$31.3M$115M+$24.7M
- FactSetFDS354,387 shares · 0.6% of their software · price −$57.0M$101M+$3.2M
- DocuSignDOCU1,154,824 shares · 0.5% of their software · price −$6.7M$87.3M+$3.1M
- VeriskVRSK334,513 shares · 0.5% of their software · price −$20.1M$84.0M−$4.0M
- SamsaraIOT2,077,481 shares · 0.4% of their software · price −$5.3M$75.2M+$81.7M
- ZoomZM894,492 shares · 0.4% of their software · price +$4.0M$74.1M+$2.3M
- F5, Inc.FFIV229,591 shares · 0.4% of their software · price +$6.6M$74.1M+$46.3M
- monday.comMNDY326,951 shares · 0.4% of their software · price −$39.5M$63.0M+$98.9M
- BroadridgeBR228,444 shares · 0.3% of their software · price −$1.1M$54.2M+$2.0M
- GitLabGTLB1,132,977 shares · 0.3% of their software$51.4M+$23.6M
- PTCPTC213,911 shares · 0.3% of their software · price +$6.6M$43.4M+$35.2M
- Fair IsaacFICO27,527 shares · 0.2% of their software · price −$9.1M$41.8M−$1.3M
- NetApp, Inc.NTAP322,940 shares · 0.2% of their software · price +$3.8M$38.1M−$1.4M
- SS&CSSNC410,811 shares · 0.2% of their software · price +$2.4M$36.3M−$6.1M
- ZscalerZS82,936 shares · 0.1% of their software · price −$1.2M$24.5MFlat
- Manhattan AssociatesMANH110,761 shares · 0.1% of their software · price +$832K$22.9M−$3.9M
- Full Truck Alliance Co. Ltd.YMM1,699,440 shares · 0.1% of their software · price +$2.0M$22.2MNew · +$20.1M
- MorningstarMORN88,108 shares · 0.1% of their software · price −$7.2M$20.4M+$8.8M
- VeriSign, Inc.VRSN57,813 shares · 0.1% of their software · price −$534K$16.1MFlat
- ACI WorldwideACIW255,820 shares · 0.1% of their software · price +$1.8M$13.2MFlat
- PaycomPAYC62,783 shares · 0.1% of their software · price −$1.5M$13.0M−$34.9M
- Lyft, Inc.LYFT594,298 shares · 0.1% of their software · price +$3.7M$13.0MFlat
- Clear Secure, Inc.YOU367,310 shares · 0.1% of their software · price +$2.1M$12.9MFlat
- BoxBOX372,300 shares · 0.1% of their software · price −$707K$12.0MFlat
- PegasystemsPEGA200,664 shares · 0.1% of their software · price +$676K$11.5MFlat
- QualysQLYS77,369 shares · 0.1% of their software · price −$815K$10.4MFlat
- HubSpotHUBS21,638 shares · 0.1% of their software · price −$1.9M$10.1M+$3.1M
- TenableTENB344,116 shares · 0.1% of their software · price −$1.6M$10.1MFlat
- MagniteMGNI447,340 shares · 0.1% of their software · price −$1.0M$9.7M+$2.8M
- DigitalOceanDOCN279,093 shares · 0.1% of their software · price +$1.6M$9.6MFlat
- CloudflareNET44,174 shares · 0.1% of their software · price +$829K$9.4MFlat
- Q2QTWO115,837 shares · 0.0% of their software · price −$2.5M$8.3MFlat
- Strategy IncMSTR24,956 shares · 0.0% of their software · price −$2.0M$8.0M+$1.4M
- Global-EGLBE218,757 shares · 0.0% of their software$7.8MNew · +$7.3M
- ElasticESTC92,567 shares · 0.0% of their software$7.7MFlat
- DatadogDDOG53,289 shares · 0.0% of their software$7.6M−$1.9M
- AutodeskADSK23,795 shares · 0.0% of their software$7.6M+$787K
- Shift4 Payments, Inc.FOUR92,832 shares · 0.0% of their software · price −$2.0M$7.1M+$3.3M
- SnowflakeSNOW30,579 shares · 0.0% of their software$6.8M+$646K
- DoximityDOCS88,894 shares · 0.0% of their software · price +$1.0M$6.4MFlat
- Euronet Worldwide, Inc.EEFT72,647 shares · 0.0% of their software · price −$986K$6.3MFlat
- Corpay, Inc.CPAY21,060 shares · 0.0% of their software · price −$922K$6.1MFlat
- Rubrik, Inc.RBRK67,880 shares · 0.0% of their software$5.5MNew · +$6.1M
- Payoneer Global Inc.PAYO909,830 shares · 0.0% of their software · price −$728K$5.5MFlat
- Intapp, Inc.INTA129,545 shares · 0.0% of their software · price −$1.4M$5.3MFlat
- Roper Technologies, Inc.ROP10,326 shares · 0.0% of their software · price −$704K$5.1M−$161M
- FreshworksFRSH426,395 shares · 0.0% of their software · price −$1.3M$5.1MNew · +$6.4M
- ToastTOST138,619 shares · 0.0% of their software · price −$1.1M$5.0M+$2.0M
- ShopifySHOP32,318 shares · 0.0% of their software · price +$1.1M$4.7M+$2.1M
- Five9FIVN189,459 shares · 0.0% of their software$4.7M+$1.4M
- MongoDBMDB14,196 shares · 0.0% of their software · price +$1.4M$4.4MFlat
- The Trade DeskTTD89,309 shares · 0.0% of their software · price −$2.1M$4.4M+$532K
- TeradataTDC194,135 shares · 0.0% of their software$4.3MFlat
- GigaCloud Technology Inc.GCT133,300 shares · 0.0% of their software · price +$1.1M$3.9MNew · +$2.6M
- Zeta GlobalZETA191,404 shares · 0.0% of their software · price +$838K$3.8MFlat
- UiPathPATH277,344 shares · 0.0% of their software$3.8MFlat
- Block, Inc.XYZ51,312 shares · 0.0% of their software$3.7MFlat
- CoStarCSGP40,746 shares · 0.0% of their software$3.4MFlat
- OktaOKTA36,057 shares · 0.0% of their software$3.3MFlat
- WixWIX13,504 shares · 0.0% of their software$2.3MFlat
- Tyler TechnologiesTYL4,062 shares · 0.0% of their software$2.1MFlat
- GoDaddyGDDY14,585 shares · 0.0% of their software · price −$631K$2.0MFlat
- TrimbleTRMB23,085 shares · 0.0% of their software$1.9MFlat
- Sprout SocialSPT130,921 shares · 0.0% of their software · price −$1.0M$1.7MNew · +$2.7M
- Gen DigitalGEN54,630 shares · 0.0% of their software$1.5MFlat
- Rapid7RPD79,546 shares · 0.0% of their software$1.5MFlat
- DynatraceDT24,503 shares · 0.0% of their software$1.2MFlat
- Bentley SystemsBSY16,716 shares · 0.0% of their software$862KFlat