Generalist · Hamilton, Bermuda
Fil
Q4 2025 · compared with Q3 2025
Filed as Fil LTD
- Software
- $17.8B
- Weight of 13F
- 13.3%
- Names
- 81
- Net bought
- +$1.7B
Filed 17 February 2026 · SEC filing.
1,011 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
- MicrosoftMSFT8,850,129 shares · 24.1% of their software · price −$304M$4.3B+$142M
- ShopifySHOP18,385,371 shares · 16.7% of their software · price +$227M$3.0B−$117M
- SalesforceCRM4,588,104 shares · 6.8% of their software · price +$128M$1.2B+$106M
- AdobeADBE2,678,236 shares · 5.3% of their software · price −$7.4M$937M+$55.9M
- OracleORCL3,976,441 shares · 4.4% of their software · price −$343M$775M+$1.1B
- IntuitINTU1,125,878 shares · 4.2% of their software · price −$23.1M$746M+$268M
- Full Truck Alliance Co. Ltd.YMM64,382,173 shares · 3.9% of their software · price −$144M$691M+$13.5M
- SynopsysSNPS1,266,409 shares · 3.3% of their software · price −$30.0M$595MFlat
- WorkdayWDAY2,768,628 shares · 3.3% of their software · price −$71.8M$595M−$109M
- AutodeskADSK1,635,908 shares · 2.7% of their software · price −$35.4M$484M+$38.2M
- OpenTextOTEX12,155,000 shares · 2.2% of their software · price −$58.3M$396M+$24.5M
- ZoomZM3,284,861 shares · 1.6% of their software · price +$12.4M$283MFlat
- TrimbleTRMB3,606,420 shares · 1.6% of their software · price −$11.9M$283MFlat
- ElasticESTC3,628,748 shares · 1.5% of their software · price −$32.8M$274M+$82.6M
- TwilioTWLO1,740,832 shares · 1.4% of their software · price +$73.4M$248M−$97.6M
- Joint Stock Company Kaspi.kzKSPI3,026,992 shares · 1.3% of their software · price −$10.7M$236M−$62.6M
- NutanixNTNX4,333,937 shares · 1.3% of their software · price −$98.4M$224M+$207M
- MongoDBMDB477,464 shares · 1.1% of their software · price +$52.2M$200M−$221M
- ProcorePCOR2,727,777 shares · 1.1% of their software$198MFlat
- NICENICE1,732,137 shares · 1.1% of their software · price −$55.0M$196MFlat
- AppLovinAPP285,564 shares · 1.1% of their software · price −$12.8M$192MFlat
- Fiserv, Inc.FISV2,858,218 shares · 1.1% of their software · price −$177M$192M+$150M
- LightspeedLSPD14,625,000 shares · 1.0% of their software · price +$7.8M$176M−$11.3M
- Fair IsaacFICO83,494 shares · 0.8% of their software · price +$16.2M$141M+$35.8M
- PTCPTC737,226 shares · 0.7% of their software · price −$21.2M$128MFlat
- AkamaiAKAM1,405,961 shares · 0.7% of their software · price +$16.2M$123MFlat
- Block, Inc.XYZ1,699,815 shares · 0.6% of their software · price −$12.2M$111M+$9.2M
- DuolingoDUOL497,546 shares · 0.5% of their software · price −$72.8M$87.3M+$160M
- Shift4 Payments, Inc.FOUR1,131,234 shares · 0.4% of their software · price −$16.3M$71.2MFlat
- ServiceTitanTTAN586,958 shares · 0.4% of their software · price +$3.3M$62.5M+$3.7M
- Clearwater AnalyticsCWAN2,288,257 shares · 0.3% of their software$55.2M—
- VeevaVEEV245,302 shares · 0.3% of their software · price −$18.3M$54.8M−$16.5M
- Five9FIVN2,616,040 shares · 0.3% of their software · price −$10.9M$52.5MFlat
- PagerDutyPD3,606,202 shares · 0.3% of their software · price −$12.3M$47.3MFlat
- CoStarCSGP639,883 shares · 0.2% of their software · price −$11.0M$43.0M+$35.9M
- Roper Technologies, Inc.ROP95,767 shares · 0.2% of their software · price −$5.1M$42.6M+$41.5M
- Corpay, Inc.CPAY136,254 shares · 0.2% of their software · price +$1.8M$41.0M−$1.0M
- GitLabGTLB971,491 shares · 0.2% of their software · price −$7.3M$36.5MNew · +$43.8M
- Automatic Data Processing, Inc.ADP131,174 shares · 0.2% of their software · price −$4.8M$33.7M+$9.2M
- SemrushSEMR2,540,000 shares · 0.2% of their software$30.2MNew
- WixWIX277,701 shares · 0.2% of their software · price −$20.5M$28.9M+$25.3M
- CadenceCDNS83,152 shares · 0.1% of their software · price −$3.2M$26.0M+$3.5M
- SPS CommerceSPSC235,669 shares · 0.1% of their software · price −$3.5M$21.0M+$12.6M
- Tuya Inc.TUYA8,920,329 shares · 0.1% of their software · price −$3.2M$18.8M+$4.6M
- Uber Technologies, Inc.UBER218,850 shares · 0.1% of their software · price −$3.6M$17.9M+$3.8M
- PalantirPLTR92,350 shares · 0.1% of their software$16.4MFlat
- Yalla Group LimitedYALA2,024,980 shares · 0.1% of their software · price −$1.2M$14.1MNew · +$15.2M
- Palo Alto NetworksPANW63,905 shares · 0.1% of their software · price −$1.2M$11.8M+$1.2M
- VeriskVRSK48,117 shares · 0.1% of their software · price −$1.3M$10.8M+$11.9M
- CrowdStrikeCRWD21,193 shares · 0.1% of their software$9.9M+$6.5M
- monday.comMNDY61,657 shares · 0.1% of their software · price −$2.8M$9.1MNew · +$11.9M
- DatadogDDOG44,029 shares · 0.0% of their software$6.0M+$4.4M
- DoceboDCBO255,518 shares · 0.0% of their software · price −$1.3M$5.7M+$969K
- Tyler TechnologiesTYL11,607 shares · 0.0% of their software · price −$803K$5.3MFlat
- DescartesDSGX55,356 shares · 0.0% of their software$4.9M−$48.6M
- ServiceNowNOW30,757 shares · 0.0% of their software · price −$23.6M$4.7M+$21.4M
- GuidewireGWRE22,200 shares · 0.0% of their software · price −$640K$4.5MFlat
- KlaviyoKVYO109,944 shares · 0.0% of their software · price +$526K$3.6MNew · +$3.0M
- SS&CSSNC39,379 shares · 0.0% of their software$3.4MFlat
- CommvaultCVLT20,000 shares · 0.0% of their software · price −$1.3M$2.5MNew · +$3.8M
- Paychex, Inc.PAYX20,853 shares · 0.0% of their software$2.3M−$139M
- Cellebrite DI Ltd.CLBT120,000 shares · 0.0% of their software$2.2MNew · +$2.2M
- NetApp, Inc.NTAP13,622 shares · 0.0% of their software$1.5M−$5.4M
- GoDaddyGDDY11,232 shares · 0.0% of their software$1.4M−$2.7M
- FortinetFTNT15,248 shares · 0.0% of their software$1.2MFlat
- SnowflakeSNOW5,493 shares · 0.0% of their software$1.2MFlat
- Manhattan AssociatesMANH6,468 shares · 0.0% of their software$1.1M−$3.6M
- Strategy IncMSTR6,361 shares · 0.0% of their software · price −$1.1M$967KFlat
- Gen DigitalGEN30,708 shares · 0.0% of their software$835KFlat
- Bentley SystemsBSY20,706 shares · 0.0% of their software$790K+$711K
- CloudflareNET2,995 shares · 0.0% of their software$590KFlat
- VeriSign, Inc.VRSN809 shares · 0.0% of their software$197KFlat
- HubSpotHUBS445 shares · 0.0% of their software$179KFlat
- BlackBerry LimitedBB46,919 shares · 0.0% of their software$177KFlat
- AtlassianTEAM959 shares · 0.0% of their software$155KFlat
- F5, Inc.FFIV601 shares · 0.0% of their software$153KFlat
- ZscalerZS655 shares · 0.0% of their software$147KFlat
- SAPSAP390 shares · 0.0% of their software$95KFlat
- Rubrik, Inc.RBRK112 shares · 0.0% of their software$9KNew · Flat
- ToastTOST108 shares · 0.0% of their software$4KFlat
- DynatraceDT53 shares · 0.0% of their software$2KFlat