Generalist · Amsterdam, Netherlands
Apg Asset Management
Q4 2025 · compared with Q3 2025
Filed as Apg Asset Management N.v.
- Software
- $5.4B
- Weight of 13F
- 15.2%
- Names
- 60
- Net bought
- +$38.5M
Filed 12 February 2026 · SEC filing.
540 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 202650 names$4.2B−$149M
- Q1 202658 names$3.9B−$433M
- Q4 202560 names$5.4B+$38.5M
- Q3 202560 names$6.2B−$34.7M
- Q2 202562 names$6.1B+$348M
- Q1 202566 names$5.2BFlat
- Q4 202466 names$5.8B+$3.4B
- Q3 202460 names$2.3B−$5.4B
- Q2 202469 names$7.3B+$231M
- Q1 202470 names$6.8B−$28.3M
- Q4 202369 names$6.3B+$196M
- Q3 202368 names$5.8B−$476M
- Q2 202367 names$5.9B−$257M
- Q1 202364 names$5.3B−$363M
- Q4 202265 names$5.4B+$2.0B
- Q3 202265 names$3.4B−$236M
- Q2 202266 names$3.5B−$159M
- Q1 202267 names$4.3B−$722M
- Q4 202167 names$5.4B−$37.0M
- Q3 202163 names$4.7B−$311M
- Q2 202160 names$4.8B+$823M
- Q1 202160 names$4.6B−$720M
- Q4 202060 names$5.0B+$21.8M
- Q3 202057 names$4.7B+$35.8M
- Q2 202055 names$4.5B+$568M
- Q1 202037 names$2.9B+$141M
- Q4 201953 names$3.2B−$381M
- Q3 201949 names$3.3B−$345M
- Q2 201944 names$3.5B+$384M
- Q1 201940 names$3.0B−$155M
- Q4 201838 names$2.6B−$109M
- Q3 201835 names$3.1B+$44.5M
- Q2 201834 names$2.7B−$228M
- Q1 201831 names$2.5B+$2.6M
- Q4 201732 names$2.4B+$131M
- Q3 201732 names$2.5B+$312M
- Q2 201728 names$2.1B−$10.5M
- Q1 201726 names$2.0B−$266M
- Q4 201627 names$2.0B−$157M
- Q3 201627 names$2.2B+$76.6M
- Q2 201628 names$2.0B—
What moved the book
The five software lines with the largest share change this quarter.
Software held
- MicrosoftMSFT6,689,748 shares · 51.5% of their software · price −$230M$2.8B−$42.0M
- CadenceCDNS1,392,940 shares · 6.9% of their software · price −$53.9M$371M−$5.7M
- Tyler TechnologiesTYL660,404 shares · 4.8% of their software · price −$45.7M$255M−$23.8M
- OracleORCL1,065,555 shares · 3.3% of their software · price −$92.0M$177M−$27.6M
- BroadridgeBR884,264 shares · 3.1% of their software · price −$13.3M$168M−$145M
- SalesforceCRM608,365 shares · 2.6% of their software · price +$17.0M$137M−$3.9M
- IntuitINTU191,833 shares · 2.0% of their software · price −$3.9M$108M+$4.7M
- ShopifySHOP713,526 shares · 1.8% of their software · price +$8.8M$97.8M−$3.9M
- AppLovinAPP157,518 shares · 1.7% of their software · price −$7.0M$90.4M+$108M
- Uber Technologies, Inc.UBER1,218,572 shares · 1.6% of their software · price −$19.8M$84.8M−$9.5M
- ServiceNowNOW626,043 shares · 1.5% of their software · price −$480M$81.7M+$455M
- AdobeADBE260,125 shares · 1.4% of their software · price −$718K$77.5M−$5.8M
- Palo Alto NetworksPANW481,095 shares · 1.4% of their software · price −$9.3M$75.5M−$4.7M
- SynopsysSNPS158,877 shares · 1.2% of their software · price −$3.8M$63.5M−$2.8M
- CrowdStrikeCRWD150,669 shares · 1.1% of their software · price −$3.3M$60.1M−$2.5M
- Automatic Data Processing, Inc.ADP260,316 shares · 1.1% of their software · price −$9.4M$57.0M−$8.1M
- Roper Technologies, Inc.ROP133,283 shares · 0.9% of their software · price −$7.1M$50.5M−$4.3M
- SnowflakeSNOW189,329 shares · 0.7% of their software · price −$1.2M$35.4M−$1.7M
- AutodeskADSK120,300 shares · 0.6% of their software · price −$2.6M$30.3M−$6.0M
- CloudflareNET166,642 shares · 0.5% of their software · price −$2.9M$28.0M−$1.6M
- VeriSign, Inc.VRSN133,870 shares · 0.5% of their software · price −$4.9M$27.7M−$2.5M
- VeriskVRSK143,948 shares · 0.5% of their software · price −$4.0M$27.4M−$3.8M
- Paychex, Inc.PAYX286,760 shares · 0.5% of their software · price −$4.2M$27.4M−$3.9M
- FortinetFTNT387,109 shares · 0.5% of their software · price −$1.8M$26.2M−$2.1M
- WorkdayWDAY142,062 shares · 0.5% of their software · price −$3.7M$26.0M−$1.6M
- Fiserv, Inc.FISV430,806 shares · 0.5% of their software · price −$26.6M$24.6M−$2.9M
- NetApp, Inc.NTAP269,281 shares · 0.5% of their software · price −$3.1M$24.6M−$2.4M
- Check PointCHKP151,761 shares · 0.4% of their software · price −$3.2M$24.0M−$3.2M
- PTCPTC156,154 shares · 0.4% of their software · price −$4.5M$23.2M−$2.1M
- SS&CSSNC283,890 shares · 0.4% of their software$21.1M+$7.7M
- Fair IsaacFICO13,958 shares · 0.4% of their software · price +$2.7M$20.1M−$786K
- GoDaddyGDDY177,137 shares · 0.3% of their software · price −$2.3M$18.7M−$1.5M
- Strategy IncMSTR144,313 shares · 0.3% of their software · price −$24.6M$18.7M+$44.9M
- F5, Inc.FFIV84,421 shares · 0.3% of their software · price −$5.7M$18.3M−$2.8M
- VeevaVEEV87,279 shares · 0.3% of their software · price −$6.5M$16.6M−$1.1M
- MongoDBMDB44,638 shares · 0.3% of their software · price +$4.9M$16.0M+$13.2M
- Block, Inc.XYZ282,731 shares · 0.3% of their software · price −$2.0M$15.7M−$3.8M
- DatadogDDOG121,982 shares · 0.3% of their software · price −$782K$14.1M+$3.1M
- ZoomZM183,982 shares · 0.3% of their software · price +$697K$13.5M−$2.3M
- AtlassianTEAM95,963 shares · 0.2% of their software$13.2MFlat
- Gen DigitalGEN548,056 shares · 0.2% of their software · price −$658K$12.7M−$1.6M
- CoStarCSGP218,356 shares · 0.2% of their software · price −$3.7M$12.5M−$1.4M
- ZscalerZS58,160 shares · 0.2% of their software · price −$4.3M$11.1MFlat
- TwilioTWLO89,096 shares · 0.2% of their software · price +$3.8M$10.8MFlat
- HubSpotHUBS30,574 shares · 0.2% of their software · price −$2.0M$10.4MFlat
- Corpay, Inc.CPAY35,800 shares · 0.2% of their software$9.2M−$7.2M
- TrimbleTRMB125,229 shares · 0.2% of their software$8.4M−$888K
- OktaOKTA108,908 shares · 0.1% of their software · price −$570K$8.0MFlat
- DynatraceDT199,741 shares · 0.1% of their software · price −$1.0M$7.4MFlat
- DocuSignDOCU111,106 shares · 0.1% of their software$6.5M+$7.5M
- Grab Holdings LimitedGRAB1,483,731 shares · 0.1% of their software · price −$1.5M$6.3M−$666K
- AkamaiAKAM74,872 shares · 0.1% of their software · price +$860K$5.6M−$676K
- FactSetFDS18,800 shares · 0.1% of their software$4.6M−$2.1M
- DescartesDSGX59,493 shares · 0.1% of their software$4.4MFlat
- OpenTextOTEX140,426 shares · 0.1% of their software · price −$674K$3.9MFlat
- PaycomPAYC27,519 shares · 0.1% of their software · price −$1.3M$3.7M−$600K
- NutanixNTNX69,955 shares · 0.1% of their software · price −$1.6M$3.1M+$1.1M
- Bentley SystemsBSY64,815 shares · 0.0% of their software · price −$863K$2.1MNew · +$3.3M
- StoneCo Ltd.STNE132,900 shares · 0.0% of their software · price −$548K$1.7MNew · +$2.5M
- SamsaraIOT11,795 shares · 0.0% of their software$356KNew · Flat