Generalist · Zurich, Switzerland
Swiss National Bank
Q2 2025 · compared with Q1 2025
- Software
- $23.3B
- Weight of 13F
- 14.0%
- Names
- 183
- Net bought
- +$1.3B
Filed 12 August 2025 · SEC filing.
2,332 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 2026181 names$17.0B−$877M
- Q1 2026185 names$16.8B+$1.6B
- Q4 2025188 names$20.3B+$1.1B
- Q3 2025184 names$23.2B−$920M
- Q2 2025183 names$23.3B+$1.3B
- Q1 2025188 names$17.3B+$50.3M
- Q4 2024187 names$19.1B−$529M
- Q3 2024186 names$19.0B+$77.3M
- Q2 2024181 names$18.7B−$145M
- Q1 2024185 names$18.5B−$608M
- Q4 2023180 names$17.6B−$419M
- Q3 2023184 names$15.3B−$1.9B
- Q2 2023182 names$18.0B−$1.3B
- Q1 2023182 names$16.8B−$294M
- Q4 2022182 names$14.5B−$883M
- Q3 2022179 names$15.0B+$5.8M
- Q2 2022178 names$16.2B+$4.1B
- Q1 2022159 names$20.3B+$3.0B
- Q4 2021158 names$20.3B−$693M
- Q3 2021145 names$19.5B−$147M
- Q2 2021143 names$19.1B+$2.7B
- Q1 2021127 names$16.3B+$480M
- Q4 2020126 names$15.7B−$259M
- Q3 2020117 names$14.5B+$31.8M
- Q2 2020115 names$13.3B+$472M
- Q1 2020107 names$9.5B+$1.9B
- Q4 2019107 names$8.4B−$248M
- Q3 201997 names$7.9B+$132M
- Q2 201997 names$7.8B−$6.6M
- Q1 201985 names$7.2B+$135M
- Q4 201885 names$5.8B+$118M
- Q3 201883 names$6.6B−$156M
- Q2 201883 names$5.9B+$192M
- Q1 201882 names$5.3B−$424M
- Q4 201782 names$5.5B+$28.1M
- Q3 201782 names$5.0B+$51.8M
- Q2 201782 names$4.6B+$105M
- Q1 201779 names$4.3B+$743M
- Q4 201679 names$3.2B+$3.4M
- Q3 201677 names$3.1B−$42.9M
- Q2 201677 names$3.0B—
What moved the book
The five software lines with the largest share change this quarter.
Software held
- MicrosoftMSFT21,378,070 shares · 45.6% of their software · price +$2.6B$10.6B+$547M
- OracleORCL5,093,200 shares · 4.8% of their software · price +$401M$1.1B+$50.3M
- PalantirPLTR6,484,200 shares · 3.8% of their software · price +$337M$884M+$46.4M
- SalesforceCRM2,908,977 shares · 3.4% of their software · price +$12.6M$793M+$56.3M
- IntuitINTU846,200 shares · 2.9% of their software · price +$147M$666M+$34.9M
- ServiceNowNOW626,600 shares · 2.8% of their software · price +$145M$644M+$36.3M
- Uber Technologies, Inc.UBER5,697,400 shares · 2.3% of their software · price +$116M$532M+$25.7M
- AdobeADBE1,290,200 shares · 2.1% of their software · price +$4.3M$499M+$24.0M
- ShopifySHOP3,700,900 shares · 1.8% of their software · price +$73.5M$425M+$23.8M
- Palo Alto NetworksPANW2,004,200 shares · 1.8% of their software · price +$68.1M$410M+$26.2M
- CrowdStrikeCRWD750,300 shares · 1.6% of their software · price +$118M$382M+$19.6M
- Automatic Data Processing, Inc.ADP1,231,600 shares · 1.6% of their software · price +$3.5M$380M+$25.2M
- Strategy IncMSTR749,300 shares · 1.3% of their software · price +$86.9M$303M+$31.6M
- Fiserv, Inc.FISV1,690,886 shares · 1.3% of their software · price −$81.9M$292M+$19.1M
- CadenceCDNS830,400 shares · 1.1% of their software · price +$44.7M$256M+$14.5M
- AppLovinAPP702,190 shares · 1.1% of their software · price +$59.8M$246M+$29.8M
- SynopsysSNPS468,000 shares · 1.0% of their software · price +$39.2M$240M+$13.7M
- SnowflakeSNOW960,800 shares · 0.9% of their software · price +$74.6M$215M+$18.0M
- FortinetFTNT1,979,100 shares · 0.9% of their software · price +$18.7M$209M+$13.6M
- AutodeskADSK644,800 shares · 0.9% of their software · price +$30.8M$200M+$10.1M
- Roper Technologies, Inc.ROP325,100 shares · 0.8% of their software · price −$7.4M$184M+$13.4M
- CloudflareNET934,600 shares · 0.8% of their software · price +$77.7M$183M+$8.2M
- WorkdayWDAY651,700 shares · 0.7% of their software · price +$4.2M$156M+$11.2M
- Paychex, Inc.PAYX981,300 shares · 0.6% of their software · price −$8.7M$143M+$10.4M
- Fair IsaacFICO73,900 shares · 0.6% of their software · price −$1.2M$135M+$9.6M
- VeevaVEEV467,900 shares · 0.6% of their software · price +$26.4M$135M+$7.6M
- VeriskVRSK423,500 shares · 0.6% of their software · price +$5.9M$132M+$7.5M
- DatadogDDOG869,700 shares · 0.5% of their software · price +$30.5M$117M+$7.4M
- Block, Inc.XYZ1,693,486 shares · 0.5% of their software · price +$23.0M$115M+$6.9M
- CoStarCSGP1,276,765 shares · 0.4% of their software · price +$1.5M$103M+$7.0M
- AtlassianTEAM496,367 shares · 0.4% of their software · price −$4.5M$101M+$8.7M
- The Trade DeskTTD1,369,600 shares · 0.4% of their software · price +$23.7M$98.6M+$5.5M
- ZscalerZS304,400 shares · 0.4% of their software · price +$35.2M$95.6M+$4.6M
- BroadridgeBR354,200 shares · 0.4% of their software$86.1M+$5.9M
- HubSpotHUBS150,000 shares · 0.4% of their software · price −$2.2M$83.5M+$6.7M
- Tyler TechnologiesTYL130,400 shares · 0.3% of their software · price +$1.5M$77.3M+$5.6M
- GoDaddyGDDY427,900 shares · 0.3% of their software$77.0M+$5.7M
- VeriSign, Inc.VRSN256,500 shares · 0.3% of their software · price +$9.0M$74.1M+$3.2M
- Corpay, Inc.CPAY202,000 shares · 0.3% of their software · price −$3.4M$67.0M+$5.3M
- NetApp, Inc.NTAP624,800 shares · 0.3% of their software · price +$11.7M$66.6M+$4.5M
- PTCPTC364,200 shares · 0.3% of their software · price +$6.3M$62.8M+$3.8M
- Check PointCHKP273,300 shares · 0.3% of their software · price −$1.8M$60.5M+$6.2M
- ToastTOST1,345,800 shares · 0.3% of their software · price +$15.0M$59.6M+$7.2M
- ZoomZM760,200 shares · 0.3% of their software · price +$3.2M$59.3M+$4.2M
- NutanixNTNX766,300 shares · 0.3% of their software · price +$5.1M$58.6M+$3.4M
- TrimbleTRMB744,000 shares · 0.2% of their software · price +$7.7M$56.5M+$3.6M
- SS&CSSNC671,000 shares · 0.2% of their software$55.6M+$3.5M
- TwilioTWLO440,800 shares · 0.2% of their software · price +$11.7M$54.8M+$2.9M
- MongoDBMDB245,700 shares · 0.2% of their software · price +$8.5M$51.6M+$6.2M
- F5, Inc.FFIV174,500 shares · 0.2% of their software · price +$4.9M$51.4M+$2.4M
- OktaOKTA502,000 shares · 0.2% of their software · price −$2.6M$50.2M+$4.1M
- DynatraceDT906,201 shares · 0.2% of their software · price +$7.3M$50.0M+$3.0M
- DocuSignDOCU612,900 shares · 0.2% of their software · price −$2.2M$47.7M+$3.5M
- Gen DigitalGEN1,585,775 shares · 0.2% of their software · price +$4.5M$46.6M+$568K
- monday.comMNDY128,000 shares · 0.2% of their software · price +$9.1M$40.3M+$5.7M
- Grab Holdings LimitedGRAB7,481,600 shares · 0.2% of their software · price +$3.7M$37.6M+$4.7M
- PaycomPAYC157,600 shares · 0.2% of their software · price +$2.0M$36.5M+$2.4M
- GuidewireGWRE152,200 shares · 0.2% of their software · price +$7.3M$35.8MFlat
- AkamaiAKAM442,400 shares · 0.2% of their software$35.3M+$1.5M
- SamsaraIOT861,900 shares · 0.1% of their software · price +$1.2M$34.3M+$4.9M
- DuolingoDUOL67,100 shares · 0.1% of their software · price +$6.7M$27.5MFlat
- WixWIX166,800 shares · 0.1% of their software · price −$821K$26.4M+$3.1M
- DescartesDSGX260,124 shares · 0.1% of their software$26.3M+$1.7M
- Bentley SystemsBSY485,400 shares · 0.1% of their software · price +$7.1M$26.2M+$1.4M
- OpenTextOTEX789,000 shares · 0.1% of their software · price +$3.1M$23.0M+$970K
- Manhattan AssociatesMANH115,820 shares · 0.1% of their software · price +$2.8M$22.9M−$9.8M
- MorningstarMORN53,100 shares · 0.1% of their software · price +$747K$16.7MFlat
- Rubrik, Inc.RBRK181,600 shares · 0.1% of their software · price +$5.2M$16.3M+$1.3M
- PaylocityPCTY85,400 shares · 0.1% of their software · price −$525K$15.5MFlat
- ProcorePCOR214,700 shares · 0.1% of their software · price +$515K$14.7M+$865K
- CommvaultCVLT84,000 shares · 0.1% of their software · price +$1.4M$14.6MFlat
- ElasticESTC169,500 shares · 0.1% of their software · price −$809K$14.3MFlat
- UnityU587,000 shares · 0.1% of their software · price +$2.7M$14.2M+$795K
- DoximityDOCS229,600 shares · 0.1% of their software · price +$760K$14.1M+$1.1M
- Lyft, Inc.LYFT787,200 shares · 0.1% of their software · price +$3.1M$12.4MFlat
- Shift4 Payments, Inc.FOUR116,500 shares · 0.0% of their software · price +$2.0M$11.5MFlat
- DropboxDBX387,400 shares · 0.0% of their software · price +$732K$11.1M−$1.3M
- InterDigital, Inc.IDCC49,100 shares · 0.0% of their software · price +$858K$11.0MFlat
- VaronisVRNS214,954 shares · 0.0% of their software · price +$2.2M$10.9MFlat
- Q2QTWO116,000 shares · 0.0% of their software · price +$1.6M$10.9MFlat
- GitLabGTLB234,800 shares · 0.0% of their software$10.6M+$752K
- SentinelOneS572,500 shares · 0.0% of their software$10.5M+$534K
- UiPathPATH814,600 shares · 0.0% of their software · price +$2.0M$10.4MFlat
- QualysQLYS69,700 shares · 0.0% of their software · price +$1.2M$10.0MFlat
- SPS CommerceSPSC72,600 shares · 0.0% of their software$9.9MFlat
- Clearwater AnalyticsCWAN447,996 shares · 0.0% of their software$9.8M—
- AppFolioAPPF42,500 shares · 0.0% of their software$9.8MFlat
- PegasystemsPEGA179,800 shares · 0.0% of their software · price −$2.8M$9.7M+$6.1M
- BoxBOX274,800 shares · 0.0% of their software · price +$910K$9.4MFlat
- ACI WorldwideACIW201,200 shares · 0.0% of their software · price −$1.8M$9.2MFlat
- Core Scientific, Inc.CORZ535,200 shares · 0.0% of their software · price +$5.3M$9.1M+$741K
- WEX Inc.WEX62,126 shares · 0.0% of their software · price −$629K$9.1MFlat
- Life360, Inc.LIF137,035 shares · 0.0% of their software · price +$3.7M$8.9MFlat
- CCC Intelligent Solutions Holdings Inc.CCC944,200 shares · 0.0% of their software$8.9M+$1.1M
- BILLBILL185,000 shares · 0.0% of their software$8.6MFlat
- JFrogFROG186,000 shares · 0.0% of their software · price +$2.2M$8.2MFlat
- Euronet Worldwide, Inc.EEFT78,400 shares · 0.0% of their software$7.9MFlat
- TenableTENB229,600 shares · 0.0% of their software$7.8MFlat
- SoundHound AI, Inc.SOUN700,100 shares · 0.0% of their software · price +$1.8M$7.5MFlat
- Global-EGLBE210,100 shares · 0.0% of their software$7.0M−$2.5M
- MagniteMGNI272,600 shares · 0.0% of their software · price +$3.5M$6.6MFlat
- WorkivaWK94,221 shares · 0.0% of their software · price −$703K$6.4MFlat
- Calix, Inc.CALX120,900 shares · 0.0% of their software · price +$2.1M$6.4MFlat
- KlaviyoKVYO181,600 shares · 0.0% of their software · price +$603K$6.1M+$1.3M
- Agilysys, Inc.AGYS50,700 shares · 0.0% of their software · price +$2.1M$5.8MFlat
- BlackLineBL102,400 shares · 0.0% of their software · price +$840K$5.8MFlat
- C3.aiAI234,600 shares · 0.0% of their software · price +$826K$5.8MFlat
- nCinoNCNO200,200 shares · 0.0% of their software$5.6MFlat
- ZoomInfoZI549,600 shares · 0.0% of their software$5.6M—
- Intapp, Inc.INTA106,100 shares · 0.0% of their software · price −$717K$5.5MFlat
- Remitly Global, Inc.RELY287,800 shares · 0.0% of their software · price −$584K$5.4MFlat
- Zeta GlobalZETA347,000 shares · 0.0% of their software · price +$670K$5.4MFlat
- WaystarWAY131,500 shares · 0.0% of their software$5.4MFlat
- PAR Technology CorporationPAR77,300 shares · 0.0% of their software · price +$621K$5.4MFlat
- FreshworksFRSH355,500 shares · 0.0% of their software$5.3MFlat
- ProgressPRGS82,200 shares · 0.0% of their software · price +$1.0M$5.2MFlat
- Alarm.com Holdings, Inc.ALRM90,100 shares · 0.0% of their software$5.1MFlat
- BlackBerry LimitedBB1,089,850 shares · 0.0% of their software · price +$883K$5.0MFlat
- BlackbaudBLKB75,253 shares · 0.0% of their software$4.8MFlat
- Dave Inc.DAVE17,700 shares · 0.0% of their software · price +$3.3M$4.8MFlat
- Clear Secure, Inc.YOU167,600 shares · 0.0% of their software$4.7MFlat
- Alight, Inc.ALIT814,200 shares · 0.0% of their software$4.6MFlat
- VertexVERX130,400 shares · 0.0% of their software$4.6MFlat
- EVERTEC, Inc.EVTC122,274 shares · 0.0% of their software$4.4MFlat
- AlkamiALKT137,700 shares · 0.0% of their software · price +$536K$4.2MFlat
- LiveRamp Holdings, Inc.RAMP125,600 shares · 0.0% of their software · price +$867K$4.1MFlat
- AvePointAVPT213,100 shares · 0.0% of their software · price +$1.0M$4.1MFlat
- Payoneer Global Inc.PAYO588,800 shares · 0.0% of their software$4.0MFlat
- NCR Atleos CorporationNATL140,180 shares · 0.0% of their software$4.0MFlat
- RingCentralRNG139,700 shares · 0.0% of their software · price +$502K$4.0MFlat
- DoubleVerifyDV263,900 shares · 0.0% of their software$4.0MFlat
- BrazeBRZE140,000 shares · 0.0% of their software · price −$1.1M$3.9MFlat
- TeradataTDC165,059 shares · 0.0% of their software$3.7MFlat
- ePlus inc.PLUS50,856 shares · 0.0% of their software · price +$563K$3.7MFlat
- Five9FIVN138,300 shares · 0.0% of their software$3.7MFlat
- DigitalOceanDOCN123,100 shares · 0.0% of their software · price −$595K$3.5MFlat
- NetScout Systems, Inc.NTCT137,028 shares · 0.0% of their software · price +$521K$3.4MFlat
- Cellebrite DI Ltd.CLBT207,100 shares · 0.0% of their software · price −$710K$3.3MFlat
- Donnelley Financial Solutions, Inc.DFIN51,800 shares · 0.0% of their software · price +$929K$3.2MFlat
- LightspeedLSPD268,900 shares · 0.0% of their software · price +$796K$3.1MFlat
- PhreesiaPHR107,000 shares · 0.0% of their software$3.0MFlat
- Adeia Inc.ADEA207,146 shares · 0.0% of their software$2.9MFlat
- CertaraCERT246,800 shares · 0.0% of their software$2.9MFlat
- A10 Networks, Inc.ATEN141,200 shares · 0.0% of their software$2.7MFlat
- Rapid7RPD110,000 shares · 0.0% of their software$2.5MFlat
- PagerDutyPD165,900 shares · 0.0% of their software$2.5MFlat
- Upbound Group, Inc.UPBD98,700 shares · 0.0% of their software$2.5MFlat
- SchrödingerSDGR122,000 shares · 0.0% of their software$2.5MFlat
- FlywireFLYW209,200 shares · 0.0% of their software$2.4MFlat
- CourseraCOUR262,300 shares · 0.0% of their software · price +$551K$2.3MFlat
- AsanaASAN169,200 shares · 0.0% of their software$2.3MFlat
- Sabre CorporationSABR700,700 shares · 0.0% of their software$2.2MFlat
- NextNav Inc.NN138,800 shares · 0.0% of their software$2.1MFlat
- Sprout SocialSPT99,141 shares · 0.0% of their software$2.1MFlat
- AmplitudeAMPL155,800 shares · 0.0% of their software$1.9MFlat
- Radware Ltd.RDWR65,600 shares · 0.0% of their software · price +$513K$1.9MFlat
- Bitdeer Technologies GroupBTDR166,300 shares · 0.0% of their software$1.9MFlat
- AppianAPPN61,500 shares · 0.0% of their software$1.8MFlat
- FastlyFSLY259,000 shares · 0.0% of their software$1.8MFlat
- SprinklrCXM215,500 shares · 0.0% of their software$1.8MFlat
- YextYEXT205,300 shares · 0.0% of their software$1.7MFlat
- PaymentusPAY52,500 shares · 0.0% of their software$1.7MFlat
- Pagaya Technologies Ltd.PGY76,883 shares · 0.0% of their software · price +$833K$1.6MFlat
- Diebold Nixdorf, IncorporatedDBD28,700 shares · 0.0% of their software$1.6MFlat
- Nayax Ltd.NYAX28,152 shares · 0.0% of their software$1.4MFlat
- Blend Labs, Inc.BLND415,300 shares · 0.0% of their software$1.4MFlat
- Grindr Inc.GRND59,900 shares · 0.0% of their software$1.4MFlat
- PDF Solutions, Inc.PDFS60,100 shares · 0.0% of their software$1.3MFlat
- N-ableNABL145,350 shares · 0.0% of their software$1.2MFlat
- i3 Verticals, Inc.IIIV42,500 shares · 0.0% of their software$1.2MFlat
- OneSpan Inc.OSPN69,300 shares · 0.0% of their software$1.2MFlat
- Daily Journal CorporationDJCO2,542 shares · 0.0% of their software$1.1MFlat
- GigaCloud Technology Inc.GCT51,900 shares · 0.0% of their software$1.0MFlat
- PowerFleet, Inc.AIOT230,500 shares · 0.0% of their software$993KFlat
- Thryv Holdings, Inc.THRY78,700 shares · 0.0% of their software$957KFlat
- Ibotta, Inc.IBTA25,200 shares · 0.0% of their software$922KFlat
- PubMaticPUBM73,200 shares · 0.0% of their software$911KFlat
- DoceboDCBO29,525 shares · 0.0% of their software$852KFlat
- Riskified Ltd.RSKD162,513 shares · 0.0% of their software$811KFlat
- SemrushSEMR83,900 shares · 0.0% of their software$759KFlat
- Ribbon Communications Inc.RBBN185,474 shares · 0.0% of their software$744KFlat
- SimilarwebSMWB87,474 shares · 0.0% of their software$686KFlat
- Simulations PlusSLP33,100 shares · 0.0% of their software$578KFlat