Generalist · Hamilton, Bermuda
Fil
Q3 2025 · compared with Q2 2025
Filed as Fil LTD
- Software
- $17.1B
- Weight of 13F
- 13.5%
- Names
- 80
- Net bought
- +$2.1B
Filed 13 November 2025 · SEC filing.
980 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 202687 names$16.4B+$2.7B
- Q1 202681 names$15.0B+$2.1B
- Q4 202581 names$17.8B+$1.7B
- Q3 202580 names$17.1B+$2.1B
- Q2 202576 names$14.3B+$1.5B
- Q1 202561 names$11.0B+$688M
- Q4 202463 names$11.5B−$235M
- Q3 202460 names$11.1B−$27.1M
- Q2 202459 names$10.9B+$1.0B
- Q1 202454 names$10.3B+$264M
- Q4 202352 names$9.6B−$20.1M
- Q3 202349 names$7.9B−$14.9M
- Q2 202351 names$8.3B−$445M
- Q1 202349 names$7.8B−$85.2M
- Q4 202257 names$6.6B+$270M
- Q3 202255 names$6.3B−$248M
- Q2 202258 names$7.0B+$1.4B
- Q1 202255 names$8.9B+$1.2B
- Q4 202152 names$9.3B+$202M
- Q3 202156 names$8.9B+$103M
- Q2 202151 names$8.7B+$998M
- Q1 202157 names$7.0B+$400M
- Q4 202059 names$6.5B−$3.4B
- Q3 202065 names$9.2B+$93.6M
- Q2 202063 names$8.2B−$436M
- Q1 202056 names$5.9B−$80.3M
- Q4 201955 names$6.5B+$526M
- Q3 201945 names$5.5B−$112M
- Q2 201945 names$5.8B−$36.4M
- Q1 201943 names$5.3B+$308M
- Q4 201842 names$4.1B−$368M
- Q3 201841 names$5.1B−$282M
- Q2 201831 names$4.7B+$1.1B
- Q1 201824 names$3.4B−$13.1M
- Q4 201723 names$3.3B+$261M
- Q3 201721 names$2.8B+$213M
- Q2 201719 names$2.6B+$333M
- Q1 201719 names$2.1B−$101M
- Q4 201619 names · $12.7M in calls, not in the total$2.0B+$164M
- Q3 201620 names$1.8B−$81.0M
- Q2 201619 names$1.8B—
What moved the book
The five software lines with the largest share change this quarter.
Software held
- MicrosoftMSFT8,576,806 shares · 25.9% of their software · price +$176M$4.4B+$62.1M
- ShopifySHOP19,175,536 shares · 16.6% of their software · price +$638M$2.8BFlat
- SalesforceCRM4,141,448 shares · 5.7% of their software · price −$148M$982M+$440M
- AdobeADBE2,519,700 shares · 5.2% of their software · price −$86.0M$889M−$19.7M
- Full Truck Alliance Co. Ltd.YMM63,341,380 shares · 4.8% of their software · price +$73.5M$822M+$109M
- WorkdayWDAY3,221,298 shares · 4.5% of their software · price +$2.4M$775M+$223M
- SynopsysSNPS1,263,932 shares · 3.6% of their software · price −$24.4M$624M+$550M
- IntuitINTU733,030 shares · 2.9% of their software · price −$76.8M$501M+$220M
- AutodeskADSK1,515,784 shares · 2.8% of their software · price +$12.3M$482M−$24.5M
- OpenTextOTEX11,500,000 shares · 2.5% of their software · price +$94.1M$430M+$100M
- MongoDBMDB1,189,682 shares · 2.2% of their software · price +$119M$369M−$246M
- Joint Stock Company Kaspi.kzKSPI3,793,147 shares · 1.8% of their software · price −$12.2M$310M−$13.0M
- TrimbleTRMB3,637,529 shares · 1.7% of their software · price +$20.6M$297M−$40.4M
- TwilioTWLO2,715,856 shares · 1.6% of their software · price −$65.9M$272M+$331M
- ZoomZM3,273,012 shares · 1.6% of their software · price +$14.8M$270M−$5.4M
- NICENICE1,720,704 shares · 1.5% of their software · price −$41.5M$249M+$221M
- ElasticESTC2,651,170 shares · 1.3% of their software$224MFlat
- Fiserv, Inc.FISV1,690,930 shares · 1.3% of their software · price −$73.5M$218M+$244M
- AppLovinAPP288,108 shares · 1.2% of their software · price +$106M$207M+$10.8M
- ProcorePCOR2,727,777 shares · 1.2% of their software · price +$12.3M$199M+$35.4M
- LightspeedLSPD15,600,000 shares · 1.1% of their software · price −$2.5M$180MFlat
- PTCPTC737,576 shares · 0.9% of their software · price +$22.6M$150M−$88.1M
- Paychex, Inc.PAYX1,118,219 shares · 0.8% of their software · price −$20.9M$142M−$82.3M
- NutanixNTNX1,547,008 shares · 0.7% of their software · price −$3.2M$115M+$85.1M
- Block, Inc.XYZ1,571,901 shares · 0.7% of their software · price +$6.8M$114M−$29.6M
- AkamaiAKAM1,407,736 shares · 0.6% of their software · price −$5.6M$107MFlat
- VeevaVEEV300,707 shares · 0.5% of their software · price +$3.0M$89.6M+$27.4M
- Fair IsaacFICO59,547 shares · 0.5% of their software · price −$19.7M$89.1M+$39.7M
- Shift4 Payments, Inc.FOUR1,131,532 shares · 0.5% of their software · price −$24.6M$87.6M+$16.5M
- OracleORCL233,127 shares · 0.4% of their software · price +$14.6M$65.6M+$10.0M
- Five9FIVN2,620,786 shares · 0.4% of their software · price −$6.0M$63.4M+$1.3M
- PagerDutyPD3,606,202 shares · 0.3% of their software · price +$4.5M$59.6MFlat
- ServiceTitanTTAN549,826 shares · 0.3% of their software · price −$3.5M$55.4M−$6.8M
- DescartesDSGX570,661 shares · 0.3% of their software · price −$4.2M$53.7M+$24.6M
- Corpay, Inc.CPAY139,860 shares · 0.2% of their software · price −$6.1M$40.3M−$52.1M
- Euronet Worldwide, Inc.EEFT444,000 shares · 0.2% of their software · price −$6.0M$39.0M−$112M
- Clearwater AnalyticsCWAN1,995,367 shares · 0.2% of their software$36.0M—
- Automatic Data Processing, Inc.ADP99,991 shares · 0.2% of their software · price −$1.5M$29.3M+$5.7M
- CadenceCDNS73,316 shares · 0.2% of their software · price +$3.2M$25.8M+$21.9M
- WixWIX135,333 shares · 0.1% of their software · price +$2.6M$24.0M+$16.3M
- CoStarCSGP214,248 shares · 0.1% of their software · price +$851K$18.1M+$2.8M
- Uber Technologies, Inc.UBER180,290 shares · 0.1% of their software · price +$842K$17.7M+$13.2M
- Tuya Inc.TUYA7,066,832 shares · 0.1% of their software · price +$1.1M$17.5M+$5.0M
- PalantirPLTR92,713 shares · 0.1% of their software · price +$4.3M$16.9M−$5.0M
- TeradataTDC728,685 shares · 0.1% of their software · price −$583K$15.7MFlat
- SPS CommerceSPSC114,529 shares · 0.1% of their software · price −$3.7M$11.9M+$8.3M
- Palo Alto NetworksPANW58,072 shares · 0.1% of their software$11.8M+$10.9M
- NetApp, Inc.NTAP59,403 shares · 0.0% of their software · price +$707K$7.0M+$5.9M
- ServiceNowNOW7,474 shares · 0.0% of their software · price −$806K$6.9M+$6.3M
- Roper Technologies, Inc.ROP12,530 shares · 0.0% of their software · price −$854K$6.2M+$1.3M
- Tyler TechnologiesTYL11,943 shares · 0.0% of their software · price −$832K$6.2M+$5.8M
- DoceboDCBO220,073 shares · 0.0% of their software$6.0M+$756K
- GuidewireGWRE22,200 shares · 0.0% of their software$5.1MFlat
- Manhattan AssociatesMANH24,272 shares · 0.0% of their software$5.0MNew · +$4.8M
- GoDaddyGDDY31,075 shares · 0.0% of their software · price −$1.3M$4.3M−$5.2M
- CrowdStrikeCRWD7,994 shares · 0.0% of their software$3.9M+$3.2M
- SS&CSSNC39,379 shares · 0.0% of their software$3.5MFlat
- Strategy IncMSTR6,975 shares · 0.0% of their software · price −$572K$2.2M+$2.5M
- DatadogDDOG13,419 shares · 0.0% of their software$1.9M−$13.4M
- FortinetFTNT15,962 shares · 0.0% of their software$1.3M+$1.5M
- SnowflakeSNOW5,128 shares · 0.0% of their software$1.2MFlat
- PaycomPAYC3,681 shares · 0.0% of their software$766KNew · +$852K
- CloudflareNET2,473 shares · 0.0% of their software$531KFlat
- Gen DigitalGEN13,675 shares · 0.0% of their software$388KFlat
- Bentley SystemsBSY6,892 shares · 0.0% of their software$355KFlat
- DynatraceDT7,223 shares · 0.0% of their software$350KNew · Flat
- VeriskVRSK849 shares · 0.0% of their software$214KFlat
- ZscalerZS663 shares · 0.0% of their software$199KFlat
- VeriSign, Inc.VRSN701 shares · 0.0% of their software$196K−$971K
- BlackBerry LimitedBB39,323 shares · 0.0% of their software$192KNew · Flat
- F5, Inc.FFIV550 shares · 0.0% of their software$178K−$1.4M
- HubSpotHUBS314 shares · 0.0% of their software$147KFlat
- AtlassianTEAM896 shares · 0.0% of their software$143KFlat
- FactSetFDS369 shares · 0.0% of their software$106KFlat
- SAPSAP383 shares · 0.0% of their software$102KFlat
- SamsaraIOT2,436 shares · 0.0% of their software$91KFlat
- Amdocs LimitedDOX634 shares · 0.0% of their software$52KFlat
- CoreWeave, Inc.CRWV198 shares · 0.0% of their software$27KNew · Flat
- DuolingoDUOL29 shares · 0.0% of their software$9KNew · Flat
- ToastTOST108 shares · 0.0% of their software$4KNew · Flat