Generalist · Los Angeles, CA
Capital International Investors
Q4 2025 · compared with Q3 2025
- Software
- $68.4B
- Weight of 13F
- 10.7%
- Names
- 37
- Net bought
- +$5.7B
Filed 11 February 2026 · SEC filing.
Part of Capital Group. The stock total uses the largest filing in that family, so these shares are not added again.
448 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
- MicrosoftMSFT81,585,381 shares · 57.7% of their software · price −$2.8B$39.5B+$1.1B
- ShopifySHOP38,343,155 shares · 9.0% of their software · price +$474M$6.2BFlat
- SalesforceCRM22,721,010 shares · 8.8% of their software · price +$634M$6.0B+$633M
- Paychex, Inc.PAYX30,265,174 shares · 5.0% of their software · price −$441M$3.4B+$1.4B
- Strategy IncMSTR20,614,868 shares · 4.6% of their software · price −$3.5B$3.1B+$1.8B
- ToastTOST45,391,459 shares · 2.4% of their software · price −$45.4M$1.6B−$111M
- ServiceNowNOW10,393,373 shares · 2.3% of their software · price −$8.0B$1.6BSplit
- SAPSAP3,586,780 shares · 1.3% of their software · price −$87.2M$874M−$113M
- UnityU18,370,198 shares · 1.2% of their software · price +$75.9M$811M−$82.3M
- VeriskVRSK3,264,323 shares · 1.1% of their software · price −$90.8M$730M+$758M
- CoStarCSGP10,842,010 shares · 1.1% of their software · price −$186M$729M+$342M
- AppLovinAPP981,214 shares · 1.0% of their software · price −$43.9M$661M+$118M
- Fair IsaacFICO380,750 shares · 0.9% of their software · price +$73.9M$644MFlat
- KlaviyoKVYO12,788,846 shares · 0.6% of their software · price +$61.1M$415MNew · +$354M
- AtlassianTEAM1,946,366 shares · 0.5% of their software · price +$4.7M$316M−$258M
- PaymentusPAY7,655,433 shares · 0.4% of their software · price +$7.6M$242M+$14.5M
- Uber Technologies, Inc.UBER2,677,371 shares · 0.3% of their software · price −$43.5M$219M+$35.6M
- BroadridgeBR829,608 shares · 0.3% of their software · price −$12.4M$185M−$13.9M
- Full Truck Alliance Co. Ltd.YMM16,533,004 shares · 0.3% of their software · price −$37.0M$177M+$26.2M
- nCinoNCNO5,854,698 shares · 0.2% of their software · price −$8.6M$150MFlat
- ServiceTitanTTAN1,224,699 shares · 0.2% of their software · price +$6.9M$130M+$23.8M
- SS&CSSNC1,121,718 shares · 0.1% of their software · price −$1.5M$98.1MFlat
- Rubrik, Inc.RBRK1,281,667 shares · 0.1% of their software · price −$7.4M$98.0M−$3.3M
- DuolingoDUOL308,605 shares · 0.1% of their software · price −$45.2M$54.2MFlat
- Clearwater AnalyticsCWAN2,213,179 shares · 0.1% of their software$53.4MNew
- PhreesiaPHR2,851,536 shares · 0.1% of their software · price −$18.8M$48.2M−$6.7M
- GuidewireGWRE239,672 shares · 0.1% of their software · price −$6.9M$48.2MFlat
- Figma, Inc.FIG1,200,793 shares · 0.1% of their software · price −$17.4M$44.9MFlat
- DatadogDDOG322,631 shares · 0.1% of their software · price −$2.1M$43.9M−$261M
- Navan, Inc.NAVN2,433,100 shares · 0.1% of their software$41.6MNew · +$41.6M
- Cellebrite DI Ltd.CLBT2,278,040 shares · 0.1% of their software · price −$1.1M$41.1MNew · +$42.2M
- Netskope, Inc.NTSK2,101,264 shares · 0.1% of their software · price −$10.9M$36.9MFlat
- ProgressPRGS722,081 shares · 0.0% of their software · price −$700K$31.0MFlat
- NCR Atleos CorporationNATL682,561 shares · 0.0% of their software · price −$819K$26.0M+$10.4M
- Remitly Global, Inc.RELY1,762,894 shares · 0.0% of their software · price −$4.4M$24.3MNew · +$28.7M
- Via Transportation, Inc.VIA550,000 shares · 0.0% of their software · price −$10.5M$16.0MFlat
- Diebold Nixdorf, IncorporatedDBD23,254 shares · 0.0% of their software$1.6MFlat