Generalist · Los Angeles, CA
Capital International Investors
Q3 2025 · compared with Q2 2025
- Software
- $69.0B
- Weight of 13F
- 11.2%
- Names
- 35
- Net bought
- −$176M
Filed 13 November 2025 · SEC filing.
Part of Capital Group. The stock total uses the largest filing in that family, so these shares are not added again.
443 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 202625 names$45.2B+$237M
- Q1 202628 names$45.3B−$9.2B
- Q4 202537 names$68.4B+$5.7B
- Q3 202535 names$69.0B−$176M
- Q2 202529 names$69.1B+$649M
- Q1 202532 names$54.7B−$970M
- Q4 202431 names$61.2B−$2.7B
- Q3 202433 names$59.3B+$22.7B
- Q2 202439 names$56.7B−$1.7B
- Q1 202441 names$58.4B+$174M
- Q4 202339 names$50.9B+$1.4B
- Q3 202337 names$41.0B−$1.1B
- Q2 202335 names$44.5B+$1.4B
- Q1 202334 names$37.3B+$1.5B
- Q4 202231 names$30.3B−$48.4M
- Q3 202232 names$29.4B−$1.0B
- Q2 202234 names$33.2B+$3.2B
- Q1 202230 names$43.4B−$1.5B
- Q4 202138 names$50.6B+$1.2B
- Q3 202136 names$44.9B+$1.9B
- Q2 202133 names$41.9B+$2.5B
- Q1 202132 names$34.3B−$500M
- Q4 202034 names$33.9B−$380M
- Q3 202035 names$30.7B−$670M
- Q2 202031 names$29.9B+$140M
- Q1 202030 names$22.9B−$1.1B
- Q4 201929 names$25.1B−$166M
- Q3 201930 names$22.4B+$49.5M
- Q2 201923 names$22.3B+$635M
- Q1 201923 names$19.9B+$2.1B
- Q4 201821 names$14.5B+$264M
- Q3 201817 names$16.4B+$9.5B
- Q2 20186 names$4.5B−$59.4M
- Q1 20186 names$4.1B−$88.6M
- Q4 20176 names$3.9B+$179M
- Q3 20177 names$3.3B−$497M
- Q2 20178 names$3.5B−$205M
- Q1 20178 names$3.6B+$20.6M
- Q4 20167 names$3.4B+$100M
- Q3 20167 names$3.0B−$110M
- Q2 20167 names$2.9B—
What moved the book
The five software lines with the largest share change this quarter.
Software held
- MicrosoftMSFT79,397,545 shares · 59.6% of their software · price +$1.6B$41.1BFlat
- ShopifySHOP38,612,671 shares · 8.3% of their software · price +$1.3B$5.7B−$167M
- Strategy IncMSTR15,014,295 shares · 7.0% of their software · price −$1.2B$4.8B+$155M
- SalesforceCRM20,051,119 shares · 6.9% of their software · price −$716M$4.8B+$472M
- Paychex, Inc.PAYX19,021,879 shares · 3.5% of their software · price −$356M$2.4B−$508M
- ServiceNowNOW2,095,555 shares · 2.8% of their software · price −$226M$1.9B−$351M
- ToastTOST48,428,060 shares · 2.6% of their software · price −$377M$1.8B+$148M
- SAPSAP4,010,185 shares · 1.5% of their software · price −$148M$1.1B−$14.6M
- UnityU20,424,395 shares · 1.2% of their software · price +$324M$818MFlat
- AppLovinAPP816,561 shares · 0.8% of their software · price +$301M$587MFlat
- CoStarCSGP6,788,554 shares · 0.8% of their software · price +$27.0M$573M−$646M
- AtlassianTEAM3,560,524 shares · 0.8% of their software · price −$154M$569M−$14.6M
- Fair IsaacFICO377,883 shares · 0.8% of their software · price −$125M$566M+$553M
- DatadogDDOG2,158,782 shares · 0.4% of their software · price +$17.4M$307M−$24.7M
- Uber Technologies, Inc.UBER2,313,997 shares · 0.3% of their software · price +$10.8M$227MFlat
- PaymentusPAY7,180,653 shares · 0.3% of their software · price −$15.4M$220M+$35.1M
- BroadridgeBR887,931 shares · 0.3% of their software · price −$4.3M$211M−$150M
- Full Truck Alliance Co. Ltd.YMM14,512,490 shares · 0.3% of their software · price +$16.8M$188MNew · +$171M
- nCinoNCNO5,856,757 shares · 0.2% of their software · price −$5.0M$159MFlat
- AlkamiALKT5,464,036 shares · 0.2% of their software · price −$29.0M$136MFlat
- Rubrik, Inc.RBRK1,321,667 shares · 0.2% of their software · price −$9.7M$109MFlat
- ServiceTitanTTAN988,412 shares · 0.1% of their software · price −$6.3M$99.7MFlat
- SS&CSSNC1,117,046 shares · 0.1% of their software · price +$6.7M$99.1M−$3.4M
- DuolingoDUOL305,916 shares · 0.1% of their software · price −$27.0M$98.5MNew · +$125M
- VeevaVEEV254,419 shares · 0.1% of their software · price +$2.5M$75.8M−$25.0M
- PhreesiaPHR3,134,872 shares · 0.1% of their software · price −$15.5M$73.7MFlat
- VeriskVRSK250,923 shares · 0.1% of their software · price −$15.1M$63.1MNew · +$78.2M
- Figma, Inc.FIG1,193,720 shares · 0.1% of their software$61.9MNew · +$61.9M
- GuidewireGWRE239,672 shares · 0.1% of their software · price −$1.3M$55.1M−$40.8M
- Netskope, Inc.NTSK2,100,000 shares · 0.1% of their software$47.7MNew · +$47.7M
- ProgressPRGS722,081 shares · 0.0% of their software · price −$14.4M$31.7MFlat
- Via Transportation, Inc.VIA550,000 shares · 0.0% of their software$26.4MNew · +$26.4M
- NCR Atleos CorporationNATL418,863 shares · 0.0% of their software · price +$4.5M$16.5MNew · +$12.0M
- Joint Stock Company Kaspi.kzKSPI21,812 shares · 0.0% of their software$1.8MNew · +$1.9M
- Diebold Nixdorf, IncorporatedDBD23,254 shares · 0.0% of their software$1.3MFlat