Generalist · Munich, Germany
Allianz Asset Management GmbH
Q1 2025 · compared with Q4 2024
- Software
- $6.8B
- Weight of 13F
- 10.0%
- Names
- 129
- Net bought
- +$452M
Filed 5 May 2025 · SEC filing.
Call exposure on these names is $221M across 19 lines. Calls are not in the stock total.
1,706 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 202691 names · $730M in calls, not in the total$6.4B+$560M
- Q1 202691 names · $215M in calls, not in the total$5.8B−$305M
- Q4 202598 names · $347M in calls, not in the total$7.7B+$743M
- Q3 202599 names · $266M in calls, not in the total$8.2B+$254M
- Q2 2025103 names · $283M in calls, not in the total$7.9B−$218M
- Q1 2025129 names · $221M in calls, not in the total$6.8B+$452M
- Q4 2024102 names · $152M in calls, not in the total$7.0B+$329M
- Q3 2024104 names · $141M in calls, not in the total$6.6B−$234M
- Q2 202495 names · $109M in calls, not in the total$6.8B+$146M
- Q1 2024105 names · $25.0M in calls, not in the total$6.5B+$436M
- Q4 202395 names$5.6B−$187M
- Q3 202394 names$5.0B−$3.9M
- Q2 202393 names$5.2B−$213M
- Q1 202389 names$4.7B−$12.0M
- Q4 202276 names$4.1B−$9.6M
- Q3 202278 names$3.9B−$8.4B
- Q2 202293 names$13.1B+$2.2B
- Q1 202289 names$17.3B−$268M
- Q4 2021104 names$19.8B−$827M
- Q3 2021102 names$19.9B+$571M
- Q2 202197 names$18.6B+$3.8B
- Q1 202197 names$14.7B−$197M
- Q4 202095 names$15.3B−$97.0M
- Q3 202088 names$12.9B+$22.8M
- Q2 202091 names$11.2B−$351M
- Q1 202084 names$8.2B−$675M
- Q4 201986 names$9.3B−$47.1M
- Q3 201985 names$8.5B−$86.1M
- Q2 201983 names$9.1B−$466M
- Q1 201983 names$8.9B−$305M
- Q4 201876 names$7.5B+$934M
- Q3 201870 names$7.9B+$481M
- Q2 201865 names$6.3B+$267M
- Q1 201860 names$5.4B−$198M
- Q4 201758 names$4.9B+$366M
- Q3 201754 names$4.1B+$24.3M
- Q2 201751 names$3.8B+$6.4M
- Q1 201749 names$3.5B−$284M
- Q4 201650 names$3.4B+$62.2M
- Q3 201653 names$3.3B+$398M
- Q2 201646 names$2.7B—
What moved the book
The five software lines with the largest share change this quarter.
Software held
- MicrosoftMSFT6,422,884 shares · 35.5% of their software · price −$296M$2.4B−$155M
- AdobeADBE993,168 shares · 5.6% of their software · price −$60.7M$381M−$7.0M
- SalesforceCRM1,141,675 shares · 4.5% of their software · price −$75.3M$306M+$67.3M
- Automatic Data Processing, Inc.ADP964,919 shares · 4.3% of their software · price +$12.4M$295M+$8.8M
- IntuitINTU462,358 shares · 4.2% of their software · price −$6.7M$284M−$16.1M
- Roper Technologies, Inc.ROP479,760 shares · 4.2% of their software · price +$33.5M$283M−$3.2M
- ServiceNowNOW340,550 shares · 4.0% of their software · price −$89.9M$271M+$43.5M
- Corpay, Inc.CPAY570,118 shares · 2.9% of their software · price +$5.9M$199M−$15.9M
- NetApp, Inc.NTAP2,014,237 shares · 2.6% of their software · price −$56.9M$177M+$24.4M
- FortinetFTNT1,819,352 shares · 2.6% of their software · price +$3.2M$175M+$21.3M
- SynopsysSNPS336,567 shares · 2.1% of their software · price −$19.0M$144M+$122M
- AutodeskADSK430,307 shares · 1.7% of their software · price −$14.5M$113M+$43.2M
- OracleORCL740,371 shares · 1.5% of their software · price −$19.9M$104M+$9.0M
- GoDaddyGDDY546,428 shares · 1.5% of their software · price −$9.4M$98.4M−$41.3M
- VeevaVEEV422,101 shares · 1.4% of their software · price +$9.0M$97.8M−$26.6M
- DatadogDDOG966,772 shares · 1.4% of their software · price −$42.2M$95.9M+$50.9M
- ZoomZM1,112,293 shares · 1.2% of their software · price −$8.7M$82.1M+$6.8M
- CrowdStrikeCRWD212,755 shares · 1.1% of their software · price +$2.2M$75.0M−$50.6M
- CommvaultCVLT448,860 shares · 1.0% of their software · price +$3.1M$70.8M+$13.8M
- Palo Alto NetworksPANW358,189 shares · 0.9% of their software · price −$4.1M$61.1M+$12.0M
- Fiserv, Inc.FISV271,755 shares · 0.9% of their software · price +$4.2M$60.0M−$869K
- AppLovinAPP208,034 shares · 0.8% of their software · price −$12.2M$55.1M+$58.6M
- PalantirPLTR604,919 shares · 0.8% of their software · price +$5.3M$51.1M−$11.1M
- DynatraceDT999,766 shares · 0.7% of their software · price −$7.2M$47.1M+$46.4M
- ShopifySHOP446,580 shares · 0.6% of their software · price −$4.8M$42.6M+$28.5M
- Amdocs LimitedDOX444,104 shares · 0.6% of their software · price +$2.8M$40.6M+$15.1M
- Fair IsaacFICO21,410 shares · 0.6% of their software · price −$3.1M$39.5M+$38.6M
- Uber Technologies, Inc.UBER525,557 shares · 0.6% of their software · price +$6.6M$38.3M−$5.9M
- VeriSign, Inc.VRSN113,496 shares · 0.4% of their software · price +$5.3M$28.8M+$15.1M
- ElasticESTC309,593 shares · 0.4% of their software · price −$3.1M$27.6M+$23.5M
- CadenceCDNS108,218 shares · 0.4% of their software · price −$5.0M$27.5M−$23.7M
- WorkdayWDAY112,739 shares · 0.4% of their software · price −$2.8M$26.3M−$52.4M
- DropboxDBX981,479 shares · 0.4% of their software · price −$3.3M$26.2M+$6.0M
- SS&CSSNC310,182 shares · 0.4% of their software · price +$2.4M$25.9M+$20.0M
- TwilioTWLO254,020 shares · 0.4% of their software · price −$2.6M$24.9M+$24.9M
- Manhattan AssociatesMANH143,687 shares · 0.4% of their software · price −$14.0M$24.9M+$6.2M
- HubSpotHUBS38,212 shares · 0.3% of their software · price −$4.8M$21.9M+$18.4M
- Gen DigitalGEN763,677 shares · 0.3% of their software · price −$641K$20.3M+$8.3M
- TeradataTDC892,228 shares · 0.3% of their software · price −$7.7M$20.1M+$4.9M
- TrimbleTRMB294,841 shares · 0.3% of their software · price −$1.5M$19.4M+$15.9M
- The Trade DeskTTD343,899 shares · 0.3% of their software · price −$21.6M$18.8M+$29.0M
- SnowflakeSNOW126,557 shares · 0.3% of their software · price −$1.0M$18.5M+$16.4M
- DocuSignDOCU215,039 shares · 0.3% of their software · price −$1.8M$17.5MFlat
- PTCPTC109,566 shares · 0.3% of their software · price −$3.2M$17.0MFlat
- AtlassianTEAM79,493 shares · 0.2% of their software · price −$2.5M$16.9M+$15.7M
- Clearwater AnalyticsCWAN630,396 shares · 0.2% of their software$16.9MNew
- NetScout Systems, Inc.NTCT779,820 shares · 0.2% of their software · price −$507K$16.4M+$1.3M
- OktaOKTA139,923 shares · 0.2% of their software · price +$3.7M$14.7M+$9.2M
- InterDigital, Inc.IDCC68,761 shares · 0.2% of their software · price +$896K$14.2M+$12.9M
- GitLabGTLB290,969 shares · 0.2% of their software · price −$2.7M$13.7M+$16.2M
- MongoDBMDB75,340 shares · 0.2% of their software · price −$4.3M$13.2M+$11.5M
- Block, Inc.XYZ231,078 shares · 0.2% of their software · price −$7.1M$12.6M+$11.5M
- Tuya Inc.TUYA3,969,490 shares · 0.2% of their software · price +$4.9M$12.1MNew · +$7.1M
- ACI WorldwideACIW215,574 shares · 0.2% of their software · price +$604K$11.8MFlat
- Payoneer Global Inc.PAYO1,455,566 shares · 0.2% of their software · price −$4.0M$10.6M+$5.2M
- PegasystemsPEGA149,821 shares · 0.2% of their software · price −$3.5M$10.4M−$29.7M
- Q2QTWO129,945 shares · 0.2% of their software · price −$2.7M$10.4MNew · +$13.1M
- VeriskVRSK33,082 shares · 0.1% of their software · price +$734K$9.8M+$3.6M
- Check PointCHKP42,680 shares · 0.1% of their software · price +$1.8M$9.7M+$1.1M
- Intapp, Inc.INTA163,771 shares · 0.1% of their software · price −$935K$9.6MNew · +$10.5M
- GuidewireGWRE47,230 shares · 0.1% of their software · price +$887K$8.8MNew · +$8.0M
- BroadridgeBR33,780 shares · 0.1% of their software · price +$553K$8.2M+$2.3M
- Sabre CorporationSABR2,617,378 shares · 0.1% of their software · price −$2.2M$7.4M+$2.1M
- NutanixNTNX92,527 shares · 0.1% of their software · price +$799K$6.5M−$3.0M
- F5, Inc.FFIV24,011 shares · 0.1% of their software$6.4M+$2.2M
- Paychex, Inc.PAYX35,796 shares · 0.1% of their software · price +$503K$5.5M−$842K
- LiveRamp Holdings, Inc.RAMP177,810 shares · 0.1% of their software · price −$752K$4.6MFlat
- Strategy IncMSTR15,035 shares · 0.1% of their software$4.3M+$550K
- FreshworksFRSH251,271 shares · 0.1% of their software · price −$518K$3.5M+$677K
- ToastTOST106,672 shares · 0.1% of their software$3.5M+$3.1M
- SailPointSAIL186,427 shares · 0.1% of their software$3.5MNew · +$3.5M
- WorkivaWK43,380 shares · 0.0% of their software · price −$1.5M$3.3M−$6.8M
- A10 Networks, Inc.ATEN197,881 shares · 0.0% of their software$3.2M+$1.8M
- Full Truck Alliance Co. Ltd.YMM242,523 shares · 0.0% of their software$3.1MNew · +$2.6M
- WixWIX18,174 shares · 0.0% of their software · price −$930K$3.0M+$729K
- CloudflareNET25,700 shares · 0.0% of their software$2.9MFlat
- CoStarCSGP33,849 shares · 0.0% of their software$2.7MFlat
- PhreesiaPHR103,065 shares · 0.0% of their software$2.6MFlat
- DuolingoDUOL8,166 shares · 0.0% of their software$2.5MNew · +$2.6M
- ZoomInfoZI237,869 shares · 0.0% of their software$2.4M—
- Tyler TechnologiesTYL3,716 shares · 0.0% of their software$2.2M−$19.6M
- Upbound Group, Inc.UPBD83,935 shares · 0.0% of their software$2.0M−$707K
- OneSpan Inc.OSPN119,805 shares · 0.0% of their software$1.8MNew · +$2.2M
- ZscalerZS8,369 shares · 0.0% of their software$1.7M−$21.8M
- PaycomPAYC6,786 shares · 0.0% of their software$1.5MFlat
- AkamaiAKAM17,945 shares · 0.0% of their software$1.4M−$9.5M
- International Money Express, Inc.IMXI108,461 shares · 0.0% of their software · price −$890K$1.4MFlat
- SamsaraIOT33,709 shares · 0.0% of their software$1.3MFlat
- AppFolioAPPF5,553 shares · 0.0% of their software$1.2M−$2.7M
- DigitalOceanDOCN26,300 shares · 0.0% of their software$878KNew · +$896K
- RingCentralRNG34,200 shares · 0.0% of their software$847KFlat
- FactSetFDS1,857 shares · 0.0% of their software$844K−$866K
- BlackbaudBLKB12,600 shares · 0.0% of their software$782KFlat
- AsanaASAN43,290 shares · 0.0% of their software$638K+$572K
- BoxBOX20,200 shares · 0.0% of their software$623KNew · +$638K
- OpenTextOTEX24,514 shares · 0.0% of their software$619K−$1.2M
- Lyft, Inc.LYFT45,900 shares · 0.0% of their software$545KFlat
- N-ableNABL76,500 shares · 0.0% of their software$542KNew · +$715K
- Clear Secure, Inc.YOU20,500 shares · 0.0% of their software$531KNew · +$546K
- C3.aiAI23,350 shares · 0.0% of their software$515KFlat
- Cellebrite DI Ltd.CLBT24,505 shares · 0.0% of their software$476KNew · +$540K
- QualysQLYS3,700 shares · 0.0% of their software$466KFlat
- Rubrik, Inc.RBRK7,525 shares · 0.0% of their software$459KNew · Flat
- Thryv Holdings, Inc.THRY34,310 shares · 0.0% of their software$440KFlat
- Commerce.com, Inc.CMRC76,200 shares · 0.0% of their software$439KNew · Flat
- Bentley SystemsBSY10,800 shares · 0.0% of their software$425KNew · +$504K
- DoubleVerifyDV30,200 shares · 0.0% of their software$404KFlat
- Rapid7RPD15,100 shares · 0.0% of their software$400KNew · +$607K
- AmplitudeAMPL38,800 shares · 0.0% of their software$395KFlat
- Blend Labs, Inc.BLND117,375 shares · 0.0% of their software$393KFlat
- CourseraCOUR56,500 shares · 0.0% of their software$376KFlat
- AvePointAVPT25,100 shares · 0.0% of their software$362KNew · Flat
- UiPathPATH33,300 shares · 0.0% of their software$343KFlat
- Alarm.com Holdings, Inc.ALRM6,100 shares · 0.0% of their software$339KNew · Flat
- TenableTENB9,600 shares · 0.0% of their software$336KNew · Flat
- Alight, Inc.ALIT56,371 shares · 0.0% of their software$334K−$2.1M
- BlackLineBL6,100 shares · 0.0% of their software$295KFlat
- SprinklrCXM33,100 shares · 0.0% of their software$276KNew · Flat
- PagerDutyPD15,000 shares · 0.0% of their software$274KNew · Flat
- Shift4 Payments, Inc.FOUR3,300 shares · 0.0% of their software$270KNew · Flat
- UnityU13,200 shares · 0.0% of their software$259KFlat
- Adeia Inc.ADEA19,400 shares · 0.0% of their software$256KNew · Flat
- AppianAPPN8,600 shares · 0.0% of their software$248KFlat
- YextYEXT29,300 shares · 0.0% of their software$180KNew · Flat
- Mitek Systems, Inc.MITK19,900 shares · 0.0% of their software$164KNew · Flat
- Definitive HealthcareDH42,000 shares · 0.0% of their software$121KFlat
- FastlyFSLY17,500 shares · 0.0% of their software$111KNew · Flat
- Grab Holdings LimitedGRAB22,510 shares · 0.0% of their software$102KFlat
- Ribbon Communications Inc.RBBN14,500 shares · 0.0% of their software$57KNew · Flat