Generalist · Frankfurt Am Main, Germany
Dz Bank AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main
Q2 2025 · compared with Q1 2025
- Software
- $12.2B
- Weight of 13F
- 12.7%
- Names
- 60
- Net bought
- +$334M
Filed 14 August 2025 · SEC filing.
Call exposure on these names is $365M across 3 lines. Calls are not in the stock total.
799 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 202665 names · $108M in calls, not in the total$8.6B+$103M
- Q1 202662 names · $224M in calls, not in the total$7.6B−$1.6B
- Q4 202561 names · $214M in calls, not in the total$11.4B+$5.0B
- Q3 202564 names · $580M in calls, not in the total$13.1B+$306M
- Q2 202560 names · $365M in calls, not in the total$12.2B+$334M
- Q1 202563 names · $347M in calls, not in the total$9.0B−$2.0B
- Q4 202457 names · $27.5M in calls, not in the total$12.5B−$460M
- Q3 202456 names · $29.8M in calls, not in the total$12.2B+$1.4B
- Q2 202457 names · $34.3M in calls, not in the total$10.6B−$505M
- Q1 202462 names · $31.8M in calls, not in the total$10.6B−$16.4M
- Q4 202352 names · $499M in calls, not in the total$9.6B+$537M
- Q3 202351 names · $42.5M in calls, not in the total$7.4B+$1.3B
- Q2 202350 names · $47.0M in calls, not in the total$6.5B+$118M
- Q1 202354 names · $39.6M in calls, not in the total$5.4B+$624M
- Q4 202257 names · $38.2M in calls, not in the total$3.7B−$189M
- Q3 202254 names · $99.7M in calls, not in the total$3.8B−$1.0B
- Q2 202253 names · $111M in calls, not in the total$5.4B+$452M
- Q1 202260 names · $135M in calls, not in the total$6.2B−$192M
- Q4 202161 names · $191M in calls, not in the total$7.1B−$377M
- Q3 202157 names · $101M in calls, not in the total$6.7B+$1.3B
- Q2 202151 names · $96.7M in calls, not in the total$5.1B+$55.6M
- Q1 202152 names · $83.9M in calls, not in the total$4.4B+$512M
- Q4 202044 names · $61.6M in calls, not in the total$3.8B−$241M
- Q3 202039 names · $39.6M in calls, not in the total$3.9B+$58.2M
- Q2 202033 names · $12.5M in calls, not in the total$3.5B+$278M
- Q1 202032 names · $8.4M in calls, not in the total$2.5B−$25.4M
- Q4 201926 names · $21.6M in calls, not in the total$2.7B−$245M
- Q3 201925 names · $17.7M in calls, not in the total$2.6B−$106M
- Q2 201929 names · $16.4M in calls, not in the total$2.7B+$505M
- Q1 201929 names · $14.5M in calls, not in the total$1.9B+$86.4M
- Q4 201826 names$1.5B+$264M
- Q3 201826 names$1.5B−$74.6M
- Q2 201826 names$1.4B−$8.0M
- Q1 201842 names$1.3B+$195M
- Q4 201720 names$1.1B+$26.7M
- Q3 201721 names · $6.0M in calls, not in the total$1.0B+$113M
- Q2 201721 names · $4.2M in calls, not in the total$877M+$75.8M
- Q1 201722 names$743M+$36.0M
- Q4 201622 names · $2.8M in calls, not in the total$653M—
What moved the book
The five software lines with the largest share change this quarter.
Software held
- MicrosoftMSFT15,750,948 shares · 64.4% of their software · price +$1.9B$7.8B+$451M
- ServiceNowNOW1,579,594 shares · 13.3% of their software · price +$366M$1.6B+$301M
- OracleORCL5,017,965 shares · 9.0% of their software · price +$396M$1.1B+$304M
- Fiserv, Inc.FISV1,923,745 shares · 2.7% of their software · price −$93.1M$332M−$9.6M
- FortinetFTNT2,552,856 shares · 2.2% of their software · price +$24.2M$270M+$3.6M
- CadenceCDNS375,667 shares · 1.0% of their software · price +$20.2M$116M+$73.0M
- SalesforceCRM401,135 shares · 0.9% of their software · price +$1.7M$109M−$507M
- Palo Alto NetworksPANW506,977 shares · 0.9% of their software · price +$17.2M$104M+$16.8M
- Strategy IncMSTR204,564 shares · 0.7% of their software · price +$23.7M$82.7M+$38.6M
- PalantirPLTR488,195 shares · 0.5% of their software · price +$25.3M$66.6M−$9.1M
- AdobeADBE131,258 shares · 0.4% of their software$50.8M−$3.1M
- IntuitINTU62,260 shares · 0.4% of their software · price +$10.8M$49.0M+$1.2M
- Uber Technologies, Inc.UBER495,344 shares · 0.4% of their software · price +$10.1M$46.2MFlat
- CrowdStrikeCRWD87,978 shares · 0.4% of their software · price +$13.8M$44.8M−$4.7M
- SnowflakeSNOW191,739 shares · 0.4% of their software · price +$14.9M$42.9M+$11.9M
- Block, Inc.XYZ322,938 shares · 0.2% of their software · price +$4.4M$21.9M−$284M
- Check PointCHKP94,838 shares · 0.2% of their software · price −$633K$21.0M+$4.4M
- AtlassianTEAM100,000 shares · 0.2% of their software · price −$912K$20.3M+$5.0M
- ProgressPRGS261,364 shares · 0.1% of their software · price +$3.2M$16.7M−$6.4M
- GuidewireGWRE70,056 shares · 0.1% of their software · price +$3.4M$16.5MFlat
- DatadogDDOG114,885 shares · 0.1% of their software · price +$4.0M$15.4M+$3.7M
- ShopifySHOP131,819 shares · 0.1% of their software · price +$2.6M$15.2M−$6.7M
- ZscalerZS46,865 shares · 0.1% of their software · price +$5.4M$14.7M−$922K
- AppLovinAPP40,460 shares · 0.1% of their software · price +$3.4M$14.2M+$4.1M
- ZoomZM180,450 shares · 0.1% of their software · price +$760K$14.1M−$3.5M
- Tyler TechnologiesTYL21,268 shares · 0.1% of their software$12.6M+$6.1M
- HubSpotHUBS20,145 shares · 0.1% of their software$11.2M−$1.2M
- TrimbleTRMB128,983 shares · 0.1% of their software · price +$1.3M$9.8M+$4.1M
- VeevaVEEV32,080 shares · 0.1% of their software · price +$1.8M$9.2M−$7.9M
- VeriskVRSK28,935 shares · 0.1% of their software$9.0M+$5.5M
- Core Scientific, Inc.CORZ493,156 shares · 0.1% of their software · price +$4.8M$8.4M+$1.5M
- Gen DigitalGEN282,556 shares · 0.1% of their software · price +$808K$8.3M−$540K
- WorkdayWDAY30,806 shares · 0.1% of their software$7.4M−$11.6M
- NetApp, Inc.NTAP64,399 shares · 0.1% of their software · price +$1.2M$6.9M−$22.3M
- DescartesDSGX64,735 shares · 0.1% of their software$6.6MFlat
- SynopsysSNPS11,693 shares · 0.0% of their software · price +$980K$6.0MFlat
- PaylocityPCTY27,832 shares · 0.0% of their software$5.0MFlat
- GoDaddyGDDY21,222 shares · 0.0% of their software$3.8MFlat
- AutodeskADSK12,335 shares · 0.0% of their software · price +$589K$3.8M+$1.8M
- Automatic Data Processing, Inc.ADP12,178 shares · 0.0% of their software$3.8M−$2.4M
- OpenTextOTEX112,128 shares · 0.0% of their software$3.3M+$641K
- A10 Networks, Inc.ATEN140,666 shares · 0.0% of their software$2.7M−$2.9M
- Fair IsaacFICO1,350 shares · 0.0% of their software$2.5M+$1.1M
- Bitdeer Technologies GroupBTDR157,425 shares · 0.0% of their software$1.8M+$898K
- DynatraceDT29,541 shares · 0.0% of their software$1.6MNew · +$1.4M
- VeriSign, Inc.VRSN5,581 shares · 0.0% of their software$1.6M−$2.5M
- WaystarWAY38,500 shares · 0.0% of their software$1.6MNew · +$1.4M
- CoStarCSGP16,128 shares · 0.0% of their software$1.3M−$1.9M
- Bentley SystemsBSY20,699 shares · 0.0% of their software$1.1MFlat
- Grab Holdings LimitedGRAB119,822 shares · 0.0% of their software$603KFlat
- Paysafe LimitedPSFE44,872 shares · 0.0% of their software$566KFlat
- CloudflareNET2,811 shares · 0.0% of their software$550KFlat
- QualysQLYS3,800 shares · 0.0% of their software$543KFlat
- AkamaiAKAM4,490 shares · 0.0% of their software$358K−$1.0M
- F5, Inc.FFIV1,200 shares · 0.0% of their software$353K−$4.7M
- Clear Secure, Inc.YOU7,289 shares · 0.0% of their software$202KNew · Flat
- DropboxDBX4,100 shares · 0.0% of their software$117KFlat
- PegasystemsPEGA1,848 shares · 0.0% of their software$100KFlat
- CoreWeave, Inc.CRWV113 shares · 0.0% of their software$18KNew · Flat
- UnityU568 shares · 0.0% of their software$14KFlat