Generalist · Oslo, Norway
Norges Bank
Q2 2025 · compared with Q1 2025
- Software
- $100B
- Weight of 13F
- 12.5%
- Names
- 154
- Net bought
- +$79.6B
Filed 13 August 2025 · SEC filing.
1,707 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 2026136 names$83.4B+$78.0B
- Q4 2025142 names$105B+$124B
- Q3 20250 names$0−$99.9B
- Q2 2025154 names$100B+$79.6B
- Q1 20250 names$0−$87.3B
- Q4 2024156 names$87.4B+$84.8B
- Q3 20240 names$0−$78.3B
- Q2 2024158 names$78.4B+$77.1B
- Q1 20240 names$0−$70.4B
- Q4 2023155 names$70.5B+$58.8B
- Q3 20230 names$0—
- Q2 20230 names$0—
- Q1 20230 names$0−$41.1B
- Q4 2022155 names$41.2B+$40.2B
- Q3 20220 names$0—
- Q2 20220 names$0—
- Q1 20220 names$0—
- Q4 20210 names$0—
- Q3 20210 names$0—
- Q2 20210 names$0—
- Q1 20210 names$0—
- Q4 20200 names$0—
- Q3 20200 names$0—
- Q2 20200 names$0—
- Q1 20200 names$0—
- Q4 20190 names$0—
- Q3 20190 names$0—
- Q2 20190 names$0—
- Q1 20190 names$0—
- Q4 20180 names$0—
- Q3 20180 names$0—
- Q2 20180 names$0—
- Q1 20180 names$0—
- Q4 20170 names$0—
- Q3 20170 names$0—
- Q2 20170 names$0—
- Q1 20170 names$0—
- Q4 20160 names$0—
- Q3 20160 names$0—
- Q2 20160 names$0—
What moved the book
The five software lines with the largest share change this quarter.
Software held
- MicrosoftMSFT101,513,194 shares · 50.5% of their software · price +$12.4B$50.5BNew · +$38.1B
- OracleORCL19,555,311 shares · 4.3% of their software · price +$1.5B$4.3BNew · +$2.7B
- PalantirPLTR24,262,451 shares · 3.3% of their software · price +$1.3B$3.3BNew · +$2.0B
- IntuitINTU4,150,210 shares · 3.3% of their software · price +$721M$3.3BNew · +$2.5B
- SalesforceCRM10,363,597 shares · 2.8% of their software · price +$44.9M$2.8BNew · +$2.8B
- ServiceNowNOW2,518,515 shares · 2.6% of their software · price +$584M$2.6BNew · +$2.0B
- Uber Technologies, Inc.UBER25,169,555 shares · 2.3% of their software · price +$514M$2.3BNew · +$1.8B
- AdobeADBE5,246,977 shares · 2.0% of their software · price +$17.6M$2.0BNew · +$2.0B
- ShopifySHOP15,559,887 shares · 1.8% of their software · price +$309M$1.8BNew · +$1.5B
- FortinetFTNT15,521,190 shares · 1.6% of their software · price +$147M$1.6BNew · +$1.5B
- CrowdStrikeCRWD3,216,833 shares · 1.6% of their software · price +$504M$1.6BNew · +$1.1B
- Fiserv, Inc.FISV7,263,269 shares · 1.3% of their software · price −$352M$1.3BNew · +$1.6B
- Strategy IncMSTR2,976,182 shares · 1.2% of their software · price +$345M$1.2BNew · +$858M
- CadenceCDNS3,863,761 shares · 1.2% of their software · price +$208M$1.2BNew · +$983M
- Roper Technologies, Inc.ROP1,878,339 shares · 1.1% of their software · price −$42.7M$1.1BNew · +$1.1B
- AppLovinAPP2,718,067 shares · 1.0% of their software · price +$231M$952MNew · +$720M
- SnowflakeSNOW4,222,615 shares · 0.9% of their software · price +$328M$945MNew · +$617M
- AutodeskADSK2,510,586 shares · 0.8% of their software · price +$120M$777MNew · +$657M
- Check PointCHKP3,230,738 shares · 0.7% of their software · price −$21.5M$715MNew · +$736M
- Tyler TechnologiesTYL1,201,464 shares · 0.7% of their software · price +$13.8M$712MNew · +$699M
- Automatic Data Processing, Inc.ADP2,259,535 shares · 0.7% of their software · price +$6.5M$697MNew · +$690M
- Palo Alto NetworksPANW3,302,703 shares · 0.7% of their software · price +$112M$676MNew · +$564M
- SynopsysSNPS1,263,876 shares · 0.6% of their software · price +$106M$648MNew · +$542M
- VeriskVRSK1,785,528 shares · 0.6% of their software · price +$24.8M$556MNew · +$531M
- CloudflareNET2,764,959 shares · 0.5% of their software · price +$230M$541MNew · +$312M
- ZoomZM6,924,827 shares · 0.5% of their software · price +$29.2M$540MNew · +$511M
- WorkdayWDAY1,844,593 shares · 0.4% of their software · price +$11.9M$443MNew · +$431M
- CoStarCSGP5,308,249 shares · 0.4% of their software · price +$6.2M$427MNew · +$421M
- Block, Inc.XYZ6,117,697 shares · 0.4% of their software · price +$83.2M$416MNew · +$332M
- VeevaVEEV1,334,345 shares · 0.4% of their software · price +$75.2M$384MNew · +$309M
- AtlassianTEAM1,860,229 shares · 0.4% of their software · price −$17.0M$378MNew · +$395M
- Fair IsaacFICO200,131 shares · 0.4% of their software · price −$3.2M$366MNew · +$369M
- DatadogDDOG2,588,611 shares · 0.3% of their software · price +$90.9M$348MNew · +$257M
- GoDaddyGDDY1,897,078 shares · 0.3% of their software$342MNew · +$342M
- Paychex, Inc.PAYX2,077,847 shares · 0.3% of their software · price −$18.3M$302MNew · +$321M
- VeriSign, Inc.VRSN1,039,645 shares · 0.3% of their software · price +$36.3M$300MNew · +$264M
- NetApp, Inc.NTAP2,638,131 shares · 0.3% of their software · price +$49.4M$281MNew · +$232M
- HubSpotHUBS484,956 shares · 0.3% of their software · price −$7.1M$270MNew · +$277M
- AkamaiAKAM3,345,246 shares · 0.3% of their software · price −$2.5M$267MNew · +$269M
- Corpay, Inc.CPAY802,380 shares · 0.3% of their software · price −$13.6M$266MNew · +$280M
- NutanixNTNX3,452,882 shares · 0.3% of their software · price +$22.9M$264MNew · +$241M
- TwilioTWLO1,840,436 shares · 0.2% of their software · price +$48.7M$229MNew · +$180M
- SS&CSSNC2,675,824 shares · 0.2% of their software · price −$2.0M$222MNew · +$224M
- ToastTOST4,951,990 shares · 0.2% of their software · price +$55.1M$219MNew · +$164M
- Rubrik, Inc.RBRK2,445,943 shares · 0.2% of their software · price +$70.0M$219MNew · +$149M
- OktaOKTA2,119,863 shares · 0.2% of their software · price −$11.1M$212MNew · +$223M
- F5, Inc.FFIV704,987 shares · 0.2% of their software · price +$19.8M$207MNew · +$188M
- TrimbleTRMB2,613,625 shares · 0.2% of their software · price +$27.0M$199MNew · +$172M
- The Trade DeskTTD2,741,526 shares · 0.2% of their software · price +$47.3M$197MNew · +$150M
- DuolingoDUOL470,623 shares · 0.2% of their software · price +$46.8M$193MNew · +$146M
- Grab Holdings LimitedGRAB34,829,485 shares · 0.2% of their software · price +$17.4M$175MNew · +$158M
- MongoDBMDB782,598 shares · 0.2% of their software · price +$27.1M$164MNew · +$137M
- Manhattan AssociatesMANH823,136 shares · 0.2% of their software · price +$20.1M$163MNew · +$142M
- monday.comMNDY512,318 shares · 0.2% of their software · price +$36.5M$161MNew · +$125M
- PTCPTC903,292 shares · 0.2% of their software · price +$15.7M$156MNew · +$140M
- UnityU6,248,795 shares · 0.2% of their software · price +$28.8M$151MNew · +$122M
- DocuSignDOCU1,810,082 shares · 0.1% of their software · price −$6.4M$141MNew · +$147M
- SamsaraIOT3,392,418 shares · 0.1% of their software · price +$4.9M$135MNew · +$130M
- Full Truck Alliance Co. Ltd.YMM11,399,070 shares · 0.1% of their software · price −$10.9M$135MNew · +$146M
- BroadridgeBR509,451 shares · 0.1% of their software$124MNew · +$124M
- DescartesDSGX1,157,701 shares · 0.1% of their software · price +$949K$118MNew · +$117M
- SailPointSAIL4,912,362 shares · 0.1% of their software · price +$20.2M$112MNew · +$92.1M
- Clearwater AnalyticsCWAN4,856,526 shares · 0.1% of their software$107MNew
- OpenTextOTEX3,381,911 shares · 0.1% of their software · price +$13.3M$98.9MNew · +$85.4M
- GitLabGTLB2,072,463 shares · 0.1% of their software · price −$3.9M$93.5MNew · +$97.4M
- MorningstarMORN296,958 shares · 0.1% of their software · price +$4.2M$93.2MNew · +$89.0M
- DynatraceDT1,587,034 shares · 0.1% of their software · price +$12.8M$87.6MNew · +$74.8M
- ProcorePCOR1,203,749 shares · 0.1% of their software · price +$2.9M$82.4MNew · +$79.5M
- InterDigital, Inc.IDCC317,531 shares · 0.1% of their software · price +$5.6M$71.2MNew · +$65.6M
- UiPathPATH5,347,723 shares · 0.1% of their software · price +$13.4M$68.5MNew · +$55.1M
- WixWIX417,339 shares · 0.1% of their software · price −$2.1M$66.1MNew · +$68.2M
- SentinelOneS3,576,106 shares · 0.1% of their software$65.4MNew · +$65.0M
- VaronisVRNS1,283,952 shares · 0.1% of their software · price +$13.2M$65.2MNew · +$51.9M
- Q2QTWO646,070 shares · 0.1% of their software · price +$8.8M$60.5MNew · +$51.7M
- Life360, Inc.LIF925,198 shares · 0.1% of their software · price +$24.9M$60.4MNew · +$35.5M
- CCC Intelligent Solutions Holdings Inc.CCC6,350,184 shares · 0.1% of their software · price +$2.4M$59.8MNew · +$57.3M
- SPS CommerceSPSC422,812 shares · 0.1% of their software · price +$1.4M$57.5MNew · +$56.1M
- Bentley SystemsBSY1,045,994 shares · 0.1% of their software · price +$15.3M$56.5MNew · +$41.1M
- BILLBILL1,143,701 shares · 0.1% of their software$52.9MNew · +$52.5M
- KlaviyoKVYO1,567,276 shares · 0.1% of their software · price +$5.2M$52.6MNew · +$47.4M
- DropboxDBX1,793,950 shares · 0.1% of their software · price +$3.4M$51.3MNew · +$47.9M
- JFrogFROG1,161,526 shares · 0.1% of their software · price +$13.8M$51.0MNew · +$37.2M
- Euronet Worldwide, Inc.EEFT477,580 shares · 0.0% of their software · price −$2.6M$48.4MNew · +$51.0M
- TenableTENB1,420,464 shares · 0.0% of their software · price −$1.7M$48.0MNew · +$49.7M
- ACI WorldwideACIW1,037,701 shares · 0.0% of their software · price −$9.1M$47.6MNew · +$56.8M
- WaystarWAY1,139,633 shares · 0.0% of their software · price +$4.0M$46.6MNew · +$42.6M
- StoneCo Ltd.STNE2,765,955 shares · 0.0% of their software · price +$15.4M$44.4MNew · +$29.0M
- Lyft, Inc.LYFT2,805,116 shares · 0.0% of their software · price +$10.9M$44.2MNew · +$33.3M
- Global-EGLBE1,300,016 shares · 0.0% of their software · price −$2.7M$43.6MNew · +$46.3M
- PegasystemsPEGA794,160 shares · 0.0% of their software · price −$12.2M$43.0MNew · +$55.2M
- WEX Inc.WEX291,453 shares · 0.0% of their software · price −$3.0M$42.8MNew · +$45.8M
- WorkivaWK587,735 shares · 0.0% of their software · price −$4.4M$40.2MNew · +$44.6M
- Five9FIVN1,474,939 shares · 0.0% of their software · price −$988K$39.1MNew · +$40.0M
- Remitly Global, Inc.RELY1,950,913 shares · 0.0% of their software · price −$4.0M$36.6MNew · +$40.6M
- Intapp, Inc.INTA679,609 shares · 0.0% of their software · price −$4.6M$35.1MNew · +$39.7M
- AppFolioAPPF149,491 shares · 0.0% of their software · price +$1.6M$34.4MNew · +$32.9M
- PaylocityPCTY187,879 shares · 0.0% of their software · price −$1.2M$34.0MNew · +$35.2M
- Zeta GlobalZETA2,161,006 shares · 0.0% of their software · price +$4.2M$33.5MNew · +$29.3M
- Alarm.com Holdings, Inc.ALRM591,466 shares · 0.0% of their software · price +$544K$33.5MNew · +$32.9M
- BoxBOX967,001 shares · 0.0% of their software · price +$3.2M$33.0MNew · +$29.8M
- FactSetFDS73,471 shares · 0.0% of their software · price −$541K$32.9MNew · +$33.4M
- BlackbaudBLKB490,621 shares · 0.0% of their software · price +$1.1M$31.5MNew · +$30.4M
- CommvaultCVLT173,538 shares · 0.0% of their software · price +$2.9M$30.3MNew · +$27.4M
- Alight, Inc.ALIT5,052,251 shares · 0.0% of their software · price −$1.4M$28.6MNew · +$30.0M
- nCinoNCNO936,897 shares · 0.0% of their software$26.2MNew · +$25.7M
- ZscalerZS82,868 shares · 0.0% of their software · price +$9.6M$26.0MNew · +$16.4M
- FreshworksFRSH1,684,318 shares · 0.0% of their software · price +$1.3M$25.1MNew · +$23.8M
- GuidewireGWRE104,741 shares · 0.0% of their software · price +$5.0M$24.7MNew · +$19.6M
- BrazeBRZE870,696 shares · 0.0% of their software · price −$6.9M$24.5MNew · +$31.4M
- Chime Financial, Inc.CHYM700,000 shares · 0.0% of their software$24.2MNew · +$24.2M
- DoubleVerifyDV1,579,187 shares · 0.0% of their software · price +$2.5M$23.6MNew · +$21.1M
- DigitalOceanDOCN792,480 shares · 0.0% of their software · price −$3.8M$22.6MNew · +$26.5M
- Gen DigitalGEN730,853 shares · 0.0% of their software · price +$2.1M$21.5MNew · +$19.4M
- BlackLineBL350,231 shares · 0.0% of their software · price +$2.9M$19.8MNew · +$17.0M
- PaycomPAYC73,511 shares · 0.0% of their software · price +$950K$17.0MNew · +$16.1M
- Grindr Inc.GRND732,068 shares · 0.0% of their software · price +$3.5M$16.6MNew · +$13.1M
- ZoomInfoZI1,584,803 shares · 0.0% of their software$16.0MNew
- CourseraCOUR1,761,974 shares · 0.0% of their software · price +$3.7M$15.4MNew · +$11.7M
- Sprout SocialSPT511,421 shares · 0.0% of their software · price −$552K$10.7MNew · +$11.2M
- SprinklrCXM1,218,700 shares · 0.0% of their software$10.3MNew · +$10.2M
- AvePointAVPT419,000 shares · 0.0% of their software · price +$2.0M$8.1MNew · +$6.1M
- QualysQLYS45,361 shares · 0.0% of their software · price +$768K$6.5MNew · +$5.7M
- DoximityDOCS101,155 shares · 0.0% of their software$6.2MNew · +$5.9M
- NICENICE23,828 shares · 0.0% of their software$4.0MNew · +$3.7M
- ElasticESTC39,223 shares · 0.0% of their software$3.3MNew · +$3.5M
- CS Disco, Inc.LAW655,115 shares · 0.0% of their software$2.9MNew · +$2.7M
- VTEXVTEX404,523 shares · 0.0% of their software · price +$619K$2.7MNew · +$2.1M
- MagniteMGNI108,716 shares · 0.0% of their software · price +$1.4M$2.6MNew · +$1.2M
- ProgressPRGS38,300 shares · 0.0% of their software$2.4MNew · +$2.0M
- FlywireFLYW199,478 shares · 0.0% of their software$2.3MNew · +$1.9M
- EVERTEC, Inc.EVTC58,572 shares · 0.0% of their software$2.1MNew · +$2.2M
- ServiceTitanTTAN15,000 shares · 0.0% of their software$1.6MNew · +$1.4M
- NetScout Systems, Inc.NTCT63,790 shares · 0.0% of their software$1.6MNew · +$1.3M
- LiveRamp Holdings, Inc.RAMP44,792 shares · 0.0% of their software$1.5MNew · +$1.2M
- PhreesiaPHR44,916 shares · 0.0% of their software$1.3MNew · +$1.1M
- International Money Express, Inc.IMXI111,400 shares · 0.0% of their software$1.1MNew · +$1.4M
- C3.aiAI39,981 shares · 0.0% of their software$982KNew · +$842K
- Adeia Inc.ADEA68,941 shares · 0.0% of their software$975KNew · +$911K
- Ooma, Inc.OOMA67,800 shares · 0.0% of their software$875KNew · +$888K
- AsanaASAN59,163 shares · 0.0% of their software$799KNew · +$862K
- Ibotta, Inc.IBTA21,343 shares · 0.0% of their software$781KNew · +$901K
- LightspeedLSPD63,296 shares · 0.0% of their software$743KNew · +$554K
- PagSeguro Digital Ltd.PAGS54,828 shares · 0.0% of their software$529KNew · Flat
- Sabre CorporationSABR165,504 shares · 0.0% of their software$523KNew · Flat
- A10 Networks, Inc.ATEN26,272 shares · 0.0% of their software$508KNew · Flat
- Upbound Group, Inc.UPBD17,526 shares · 0.0% of their software$440KNew · Flat
- CertaraCERT36,303 shares · 0.0% of their software$425KNew · Flat
- N-ableNABL40,395 shares · 0.0% of their software$327KNew · Flat
- SchrödingerSDGR15,437 shares · 0.0% of their software$311KNew · Flat
- SmartRent, Inc.SMRT250,000 shares · 0.0% of their software$248KNew · Flat
- PagerDutyPD15,845 shares · 0.0% of their software$242KNew · Flat
- Amdocs LimitedDOX2,584 shares · 0.0% of their software$236KNew · Flat
- FastlyFSLY28,596 shares · 0.0% of their software$202KNew · Flat
- SemrushSEMR15,527 shares · 0.0% of their software$141KNew