Generalist · Toronto Ontario, Canada
Canada Pension Plan Investment Board
Q4 2025 · compared with Q3 2025
- Software
- $17.4B
- Weight of 13F
- 11.6%
- Names
- 176
- Net bought
- +$3.7B
Filed 17 February 2026 · SEC filing.
1,970 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 2026161 names$14.6B+$143M
- Q1 2026156 names$14.2B+$1.5B
- Q4 2025176 names$17.4B+$3.7B
- Q3 2025137 names$16.7B+$1.6B
- Q2 2025137 names$14.7B+$534M
- Q1 2025135 names$11.3B+$1.2B
- Q4 2024139 names$10.7B+$39.7M
- Q3 2024131 names$9.6B−$102M
- Q2 2024136 names$9.2B+$1.8B
- Q1 2024113 names$7.3B+$987M
- Q4 2023106 names$5.9B+$677M
- Q3 2023102 names$4.3B+$227M
- Q2 2023100 names$4.6B+$85.2M
- Q1 202399 names$3.9B−$218M
- Q4 2022102 names$3.3B−$327M
- Q3 2022107 names$3.5B−$129M
- Q2 2022109 names$3.8B+$2.5B
- Q1 2022108 names$5.4B−$1.3B
- Q4 202192 names$7.4B+$230M
- Q3 202190 names$7.5B+$2.1B
- Q2 202177 names$5.4B−$187M
- Q1 202186 names$5.1B−$578M
- Q4 202080 names$6.1B+$143M
- Q3 202067 names$4.6B+$1.3B
- Q2 202082 names$3.1B−$15.6M
- Q1 202065 names$2.3B+$291M
- Q4 201965 names$2.3B−$188M
- Q3 201954 names$2.4B−$71.5M
- Q2 201953 names$2.4B+$21.5M
- Q1 201959 names$2.3B−$118M
- Q4 201851 names$2.0B−$1.0B
- Q3 201853 names$3.4B+$141M
- Q2 201845 names$3.0B−$897M
- Q1 201848 names$3.7B+$645M
- Q4 201742 names$2.8B+$25.6M
- Q3 201739 names$2.5B+$441M
- Q2 201737 names$1.9B+$220M
- Q1 201737 names$1.6B+$326M
- Q4 201638 names$1.1B+$118M
- Q3 201639 names$1.0B+$160M
- Q2 201635 names$751M—
What moved the book
The five software lines with the largest share change this quarter.
Software held
- MicrosoftMSFT12,615,044 shares · 35.2% of their software · price −$433M$6.1B+$101M
- Sportradar Group AGSRAD68,171,745 shares · 9.3% of their software · price −$213M$1.6BFlat
- ShopifySHOP8,763,307 shares · 8.1% of their software · price +$108M$1.4B+$502M
- PalantirPLTR5,890,975 shares · 6.0% of their software · price −$27.5M$1.0B+$129M
- WaystarWAY19,025,452 shares · 3.6% of their software · price −$98.4M$623MFlat
- AdobeADBE1,728,266 shares · 3.5% of their software · price −$4.8M$605M+$130M
- OracleORCL2,930,026 shares · 3.3% of their software · price −$253M$571M+$204M
- SalesforceCRM2,109,201 shares · 3.2% of their software · price +$58.9M$559M+$13.0M
- ServiceNowNOW2,001,345 shares · 1.8% of their software · price −$1.5B$307M+$1.5B
- Uber Technologies, Inc.UBER3,669,453 shares · 1.7% of their software · price −$59.7M$300M+$44.4M
- GoDaddyGDDY1,995,803 shares · 1.4% of their software · price −$25.4M$248M+$31.3M
- AppLovinAPP355,021 shares · 1.4% of their software · price −$15.9M$239M+$84.8M
- SnowflakeSNOW932,599 shares · 1.2% of their software · price −$5.8M$205M+$78.6M
- AutodeskADSK607,780 shares · 1.0% of their software · price −$13.2M$180M+$88.8M
- Palo Alto NetworksPANW973,400 shares · 1.0% of their software · price −$18.9M$179M+$120M
- CrowdStrikeCRWD361,383 shares · 1.0% of their software · price −$7.8M$169M+$167M
- Netskope, Inc.NTSK8,960,263 shares · 0.9% of their software · price −$46.5M$157MFlat
- Automatic Data Processing, Inc.ADP565,295 shares · 0.8% of their software · price −$20.5M$145M+$5.8M
- MongoDBMDB298,890 shares · 0.7% of their software · price +$32.7M$125M+$47.5M
- CadenceCDNS387,366 shares · 0.7% of their software · price −$15.0M$121M+$51.5M
- DatadogDDOG839,504 shares · 0.7% of their software · price −$5.4M$114M+$52.6M
- CloudflareNET547,688 shares · 0.6% of their software · price −$9.6M$108M+$106M
- IntuitINTU160,674 shares · 0.6% of their software · price −$3.3M$106M−$202M
- FortinetFTNT1,318,488 shares · 0.6% of their software · price −$6.2M$105M+$72.7M
- SynopsysSNPS209,609 shares · 0.6% of their software · price −$5.0M$98.5M+$43.3M
- AtlassianTEAM570,829 shares · 0.5% of their software · price +$1.4M$92.6M−$22.1M
- Fiserv, Inc.FISV1,287,501 shares · 0.5% of their software · price −$79.5M$86.5M+$15.7M
- WorkdayWDAY399,769 shares · 0.5% of their software · price −$10.4M$85.9M−$44.1M
- OktaOKTA816,700 shares · 0.4% of their software · price −$4.3M$70.6M+$58.1M
- VeevaVEEV305,644 shares · 0.4% of their software · price −$22.8M$68.2M+$17.6M
- Strategy IncMSTR438,743 shares · 0.4% of their software · price −$74.7M$66.7M+$14.6M
- The Trade DeskTTD1,717,016 shares · 0.4% of their software · price −$19.0M$65.2M+$47.2M
- ZscalerZS279,693 shares · 0.4% of their software · price −$20.9M$62.9M+$12.0M
- OpenTextOTEX1,817,679 shares · 0.3% of their software · price −$8.7M$59.2M+$22.3M
- TwilioTWLO386,200 shares · 0.3% of their software · price +$16.3M$54.9M+$22.9M
- UiPathPATH3,240,700 shares · 0.3% of their software · price +$9.8M$53.1M+$11.4M
- CoStarCSGP741,403 shares · 0.3% of their software · price −$12.7M$49.9M+$9.0M
- Check PointCHKP256,512 shares · 0.3% of their software · price −$5.5M$47.6M+$49.8M
- BroadridgeBR208,102 shares · 0.3% of their software · price −$3.1M$46.4M+$2.1M
- CoreWeave, Inc.CRWV645,208 shares · 0.3% of their software · price −$42.1M$46.2M+$73.1M
- Rubrik, Inc.RBRK540,679 shares · 0.2% of their software · price −$3.1M$41.4M+$14.5M
- HubSpotHUBS101,651 shares · 0.2% of their software · price −$6.8M$40.8M+$16.1M
- VeriskVRSK175,180 shares · 0.2% of their software · price −$4.9M$39.2M−$26.2M
- SamsaraIOT973,700 shares · 0.2% of their software · price −$1.8M$34.5M+$11.9M
- AkamaiAKAM320,010 shares · 0.2% of their software · price +$3.7M$27.9M+$1.9M
- StoneCo Ltd.STNE1,781,518 shares · 0.2% of their software · price −$7.3M$26.3M−$4.9M
- PegasystemsPEGA437,400 shares · 0.2% of their software · price +$971K$26.1M+$4.5M
- Manhattan AssociatesMANH137,800 shares · 0.1% of their software · price −$4.4M$23.9M+$4.2M
- SoundHound AI, Inc.SOUN2,364,300 shares · 0.1% of their software · price −$14.4M$23.6M+$25.0M
- Lyft, Inc.LYFT1,133,300 shares · 0.1% of their software · price −$3.0M$22.0M−$6.6M
- Block, Inc.XYZ324,486 shares · 0.1% of their software · price −$2.3M$21.1M−$18.2M
- UnityU462,242 shares · 0.1% of their software · price +$1.9M$20.4M+$5.7M
- VeriSign, Inc.VRSN83,700 shares · 0.1% of their software · price −$3.1M$20.3M−$16.1M
- JFrogFROG314,104 shares · 0.1% of their software · price +$4.8M$19.6M+$4.4M
- KlaviyoKVYO590,700 shares · 0.1% of their software · price +$2.8M$19.2M+$3.7M
- NetApp, Inc.NTAP177,916 shares · 0.1% of their software · price −$2.0M$19.1M−$18.6M
- ToastTOST529,700 shares · 0.1% of their software · price −$530K$18.8M+$9.4M
- monday.comMNDY126,424 shares · 0.1% of their software · price −$5.8M$18.7M+$7.2M
- DropboxDBX652,300 shares · 0.1% of their software · price −$1.6M$18.1M+$2.7M
- PTCPTC102,253 shares · 0.1% of their software · price −$2.9M$17.8M−$846K
- WixWIX170,060 shares · 0.1% of their software · price −$12.5M$17.7M+$7.4M
- PaylocityPCTY114,400 shares · 0.1% of their software · price −$774K$17.4MFlat
- Fair IsaacFICO10,082 shares · 0.1% of their software · price +$2.0M$17.0M−$19.9M
- ElasticESTC210,200 shares · 0.1% of their software · price −$1.9M$15.9M−$4.9M
- BrazeBRZE455,500 shares · 0.1% of their software · price +$2.7M$15.6MFlat
- InterDigital, Inc.IDCC47,300 shares · 0.1% of their software · price −$1.3M$15.1MFlat
- Global-EGLBE364,840 shares · 0.1% of their software · price +$1.3M$14.3M+$4.4M
- BILLBILL258,800 shares · 0.1% of their software$14.1M+$2.4M
- Dave Inc.DAVE59,300 shares · 0.1% of their software · price +$1.3M$13.1M+$10.8M
- Zeta GlobalZETA632,000 shares · 0.1% of their software$12.9M+$9.8M
- DocuSignDOCU181,200 shares · 0.1% of their software · price −$669K$12.4M+$11.5M
- DescartesDSGX140,560 shares · 0.1% of their software · price −$923K$12.3M+$1.2M
- PaycomPAYC73,773 shares · 0.1% of their software · price −$3.6M$11.8M+$6.8M
- WorkivaWK135,500 shares · 0.1% of their software$11.7M+$10.9M
- ServiceTitanTTAN108,500 shares · 0.1% of their software · price +$615K$11.6M+$8.4M
- DuolingoDUOL65,664 shares · 0.1% of their software · price −$9.6M$11.5M+$10.0M
- Q2QTWO147,300 shares · 0.1% of their software$10.6M+$1.9M
- Paychex, Inc.PAYX94,418 shares · 0.1% of their software · price −$1.4M$10.6M−$22.7M
- ZoomZM121,557 shares · 0.1% of their software$10.5M−$2.7M
- BlackBerry LimitedBB2,701,100 shares · 0.1% of their software · price −$2.9M$10.2M+$3.6M
- GitLabGTLB257,400 shares · 0.1% of their software · price −$1.9M$9.7MNew · +$11.6M
- QualysQLYS68,200 shares · 0.1% of their software$9.1M−$3.8M
- C3.aiAI670,300 shares · 0.1% of their software · price −$2.6M$9.0M+$4.9M
- SPS CommerceSPSC88,960 shares · 0.0% of their software · price −$1.3M$7.9M−$2.7M
- FreshworksFRSH629,700 shares · 0.0% of their software$7.7M+$1.5M
- Remitly Global, Inc.RELY522,000 shares · 0.0% of their software · price −$1.3M$7.2MNew · +$8.5M
- AppianAPPN196,700 shares · 0.0% of their software · price +$954K$7.0M+$1.1M
- BoxBOX232,800 shares · 0.0% of their software · price −$549K$7.0M+$632K
- Cellebrite DI Ltd.CLBT364,804 shares · 0.0% of their software$6.6M+$1.9M
- Sprout SocialSPT544,387 shares · 0.0% of their software · price −$898K$6.1M+$660K
- Alarm.com Holdings, Inc.ALRM118,200 shares · 0.0% of their software$6.0MFlat
- ZoomInfoZI570,100 shares · 0.0% of their software$5.8M—
- Calix, Inc.CALX101,477 shares · 0.0% of their software · price −$856K$5.4M+$927K
- Grindr Inc.GRND383,000 shares · 0.0% of their software · price −$567K$5.2M−$1.6M
- AsanaASAN353,100 shares · 0.0% of their software$4.8M+$895K
- Corpay, Inc.CPAY16,055 shares · 0.0% of their software$4.8M+$519K
- NutanixNTNX92,300 shares · 0.0% of their software · price −$2.1M$4.8M−$16.6M
- DoubleVerifyDV404,800 shares · 0.0% of their software$4.6M+$540K
- PaymentusPAY130,394 shares · 0.0% of their software$4.1MNew · +$4.0M
- MorningstarMORN18,900 shares · 0.0% of their software$4.1M−$9.0M
- Clear Secure, Inc.YOU108,600 shares · 0.0% of their software$3.8M−$1.1M
- Grab Holdings LimitedGRAB723,832 shares · 0.0% of their software · price −$746K$3.6MFlat
- SentinelOneS227,100 shares · 0.0% of their software · price −$593K$3.4MFlat
- Pagaya Technologies Ltd.PGY158,665 shares · 0.0% of their software · price −$1.4M$3.3M+$2.0M
- CommvaultCVLT26,000 shares · 0.0% of their software · price −$1.6M$3.3M−$8.1M
- GuidewireGWRE16,200 shares · 0.0% of their software$3.3M+$1.5M
- PagSeguro Digital Ltd.PAGS320,000 shares · 0.0% of their software$3.1MFlat
- LiveRamp Holdings, Inc.RAMP104,100 shares · 0.0% of their software$3.1MFlat
- Figma, Inc.FIG73,324 shares · 0.0% of their software · price −$1.1M$2.7M+$984K
- BlackLineBL47,400 shares · 0.0% of their software$2.6MFlat
- AvePointAVPT133,500 shares · 0.0% of their software$1.9MFlat
- DynatraceDT37,600 shares · 0.0% of their software$1.6M+$572K
- VaronisVRNS48,900 shares · 0.0% of their software · price −$1.2M$1.6MFlat
- A10 Networks, Inc.ATEN82,000 shares · 0.0% of their software$1.5MFlat
- RingCentralRNG48,288 shares · 0.0% of their software$1.4MFlat
- AmplitudeAMPL115,000 shares · 0.0% of their software$1.3M+$925K
- Intapp, Inc.INTA28,500 shares · 0.0% of their software$1.3MNew · +$1.2M
- LightspeedLSPD105,000 shares · 0.0% of their software$1.3MFlat
- DoximityDOCS23,200 shares · 0.0% of their software · price −$670K$1.0M+$1.2M
- BlackbaudBLKB15,900 shares · 0.0% of their software$1.0MNew · +$1.0M
- Amdocs LimitedDOX12,200 shares · 0.0% of their software$982KNew · +$1.0M
- FastlyFSLY88,400 shares · 0.0% of their software$900K+$598K
- SprinklrCXM109,200 shares · 0.0% of their software$850K+$609K
- Rapid7RPD53,300 shares · 0.0% of their software$810K+$501K
- CourseraCOUR106,600 shares · 0.0% of their software$785KFlat
- GigaCloud Technology Inc.GCT19,300 shares · 0.0% of their software$758KNew · +$548K
- Five9FIVN34,800 shares · 0.0% of their software$698K+$695K
- PagerDutyPD52,300 shares · 0.0% of their software$686K+$672K
- CCC Intelligent Solutions Holdings Inc.CCC74,000 shares · 0.0% of their software$588KNew · +$674K
- ePlus inc.PLUS6,200 shares · 0.0% of their software$544KFlat
- nCinoNCNO20,300 shares · 0.0% of their software$520KNew · +$550K
- Tyler TechnologiesTYL1,070 shares · 0.0% of their software$486KFlat
- TeradataTDC15,800 shares · 0.0% of their software$481KNew · Flat
- EVERTEC, Inc.EVTC15,100 shares · 0.0% of their software$439KNew · +$510K
- NetScout Systems, Inc.NTCT16,200 shares · 0.0% of their software$438KNew · Flat
- WEX Inc.WEX2,800 shares · 0.0% of their software$417KNew · Flat
- Telos CorporationTLS78,500 shares · 0.0% of their software$400KNew · +$537K
- Sabre CorporationSABR278,700 shares · 0.0% of their software$379KFlat
- TrimbleTRMB4,710 shares · 0.0% of their software$369KFlat
- SS&CSSNC3,500 shares · 0.0% of their software$306KFlat
- Mitek Systems, Inc.MITK29,000 shares · 0.0% of their software$306KNew · Flat
- Bandwidth Inc.BAND19,800 shares · 0.0% of their software$306KNew · Flat
- MagniteMGNI18,452 shares · 0.0% of their software$299KFlat
- Bakkt, Inc.BKKT29,300 shares · 0.0% of their software · price −$692K$294KNew · +$986K
- Donnelley Financial Solutions, Inc.DFIN6,300 shares · 0.0% of their software$294KNew · Flat
- Thryv Holdings, Inc.THRY45,700 shares · 0.0% of their software$276KNew · +$551K
- Alight, Inc.ALIT140,900 shares · 0.0% of their software$275KNew · Flat
- YextYEXT33,700 shares · 0.0% of their software$272KNew · Flat
- 8x8EGHT118,300 shares · 0.0% of their software$233KNew
- Ibotta, Inc.IBTA10,200 shares · 0.0% of their software$232KNew · Flat
- BackblazeBLZE47,200 shares · 0.0% of their software$220KNew · Flat
- VertexVERX10,500 shares · 0.0% of their software$210KNew · Flat
- Priority Technology Holdings, Inc.PRTH36,700 shares · 0.0% of their software$200KNew · Flat
- Agilysys, Inc.AGYS1,500 shares · 0.0% of their software$178KNew · Flat
- PubMaticPUBM18,800 shares · 0.0% of their software$167KNew · Flat
- FlywireFLYW10,400 shares · 0.0% of their software$147KNew · Flat
- Ooma, Inc.OOMA10,600 shares · 0.0% of their software$124KNew · Flat
- Cerence Inc.CRNC11,600 shares · 0.0% of their software$124KNew · Flat
- TenableTENB5,000 shares · 0.0% of their software$118KFlat
- DigitalOceanDOCN2,300 shares · 0.0% of their software$111KNew · Flat
- ProcorePCOR1,300 shares · 0.0% of their software$95KFlat
- PowerFleet, Inc.AIOT15,800 shares · 0.0% of their software$84KNew · Flat
- CS Disco, Inc.LAW10,500 shares · 0.0% of their software$81KNew · Flat
- N-ableNABL9,500 shares · 0.0% of their software$71KFlat
- Upbound Group, Inc.UPBD3,800 shares · 0.0% of their software$67KFlat
- ProgressPRGS1,500 shares · 0.0% of their software$64KNew · Flat
- AppFolioAPPF260 shares · 0.0% of their software$60KFlat
- Simulations PlusSLP2,900 shares · 0.0% of their software$53KFlat
- CertaraCERT6,000 shares · 0.0% of their software$53KNew · Flat
- Definitive HealthcareDH17,900 shares · 0.0% of their software$51KNew · Flat
- Clearwater AnalyticsCWAN1,900 shares · 0.0% of their software$46KNew
- eGain CorporationEGAN3,700 shares · 0.0% of their software$38KNew · Flat
- Repay Holdings CorporationRPAY9,700 shares · 0.0% of their software$35KNew · Flat
- Daily Journal CorporationDJCO60 shares · 0.0% of their software$29KNew · Flat
- Roper Technologies, Inc.ROP13 shares · 0.0% of their software$6K−$46.0M
- F5, Inc.FFIV10 shares · 0.0% of their software$3K−$841K