Generalist · Copenhagen V, Denmark
Danske Bank A/S
Q4 2025 · compared with Q3 2025
- Software
- $5.3B
- Weight of 13F
- 12.3%
- Names
- 118
- Net bought
- +$6.2B
Filed 2 February 2026 · SEC filing.
1,550 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 202689 names$4.5B+$238M
- Q1 202688 names$4.1B+$20.8M
- Q4 2025118 names$5.3B+$6.2B
- Q3 202547 names · $390K in calls, not in the total$197M−$5.9B
- Q2 2025121 names · $2.3M in calls, not in the total$6.0B+$511M
- Q1 2025116 names · $163K in calls, not in the total$4.3B+$289M
- Q4 2024115 names · $332K in calls, not in the total$4.5B+$280M
- Q3 2024118 names · $115K in calls, not in the total$4.1B+$379M
- Q2 202499 names · $749K in calls, not in the total$3.7B−$1.2B
- Q1 2024127 names · $1.3M in calls, not in the total$4.8B—
What moved the book
The five software lines with the largest share change this quarter.
Software held
- MicrosoftMSFT5,303,320 shares · 48.7% of their software · price −$182M$2.6B+$2.7B
- OracleORCL1,368,095 shares · 5.1% of their software · price −$118M$267M+$378M
- SalesforceCRM999,299 shares · 5.0% of their software · price +$27.9M$265M+$232M
- PalantirPLTR1,442,538 shares · 4.9% of their software · price −$6.7M$256M+$205M
- IntuitINTU247,157 shares · 3.1% of their software · price −$5.1M$164M+$164M
- Palo Alto NetworksPANW778,701 shares · 2.7% of their software · price −$15.1M$143M+$156M
- AdobeADBE399,184 shares · 2.7% of their software · price −$1.1M$140M+$139M
- Uber Technologies, Inc.UBER1,626,051 shares · 2.5% of their software · price −$26.4M$133M+$155M
- ServiceNowNOW837,701 shares · 2.4% of their software · price −$643M$128M+$769M
- AppLovinAPP156,002 shares · 2.0% of their software · price −$7.0M$105M+$109M
- AutodeskADSK288,826 shares · 1.6% of their software · price −$6.3M$85.5M+$87.0M
- Automatic Data Processing, Inc.ADP293,453 shares · 1.4% of their software · price −$10.6M$75.5M+$85.9M
- CadenceCDNS236,124 shares · 1.4% of their software · price −$9.1M$73.8M+$81.7M
- CrowdStrikeCRWD129,384 shares · 1.2% of their software · price −$2.8M$60.7MNew · +$63.4M
- SS&CSSNC521,042 shares · 0.9% of their software · price −$698K$45.5M+$44.7M
- SynopsysSNPS93,318 shares · 0.8% of their software · price −$2.2M$43.8MNew · +$46.0M
- CloudflareNET213,093 shares · 0.8% of their software · price −$3.7M$42.0M+$45.1M
- SnowflakeSNOW178,480 shares · 0.7% of their software · price −$1.1M$39.2MNew · +$40.3M
- VeevaVEEV167,273 shares · 0.7% of their software · price −$12.5M$37.3M+$46.5M
- FortinetFTNT383,975 shares · 0.6% of their software · price −$1.8M$30.5MNew · +$32.3M
- WorkdayWDAY130,996 shares · 0.5% of their software · price −$3.4M$28.1M+$30.5M
- AtlassianTEAM165,774 shares · 0.5% of their software$26.9MNew · +$26.5M
- Roper Technologies, Inc.ROP55,569 shares · 0.5% of their software · price −$3.0M$24.7MNew · +$27.7M
- Paychex, Inc.PAYX205,341 shares · 0.4% of their software · price −$3.0M$23.0MNew · +$26.0M
- DatadogDDOG168,671 shares · 0.4% of their software · price −$1.1M$22.9MNew · +$24.0M
- Fiserv, Inc.FISV331,650 shares · 0.4% of their software · price −$20.5M$22.3M+$42.8M
- Fair IsaacFICO12,001 shares · 0.4% of their software · price +$2.3M$20.3MNew · +$18.0M
- Strategy IncMSTR132,746 shares · 0.4% of their software · price −$22.6M$20.2M+$42.7M
- DocuSignDOCU286,782 shares · 0.4% of their software · price −$1.1M$19.6M+$19.0M
- MongoDBMDB46,348 shares · 0.4% of their software · price +$5.1M$19.5MNew · +$14.4M
- Block, Inc.XYZ285,256 shares · 0.4% of their software · price −$2.0M$18.6MNew · +$20.6M
- VeriskVRSK76,761 shares · 0.3% of their software · price −$2.1M$17.2MNew · +$19.3M
- DynatraceDT390,401 shares · 0.3% of their software · price −$2.0M$16.9MNew · +$18.9M
- TwilioTWLO112,944 shares · 0.3% of their software · price +$4.8M$16.1MNew · +$11.3M
- GoDaddyGDDY129,429 shares · 0.3% of their software · price −$1.7M$16.1M+$17.5M
- VeriSign, Inc.VRSN64,246 shares · 0.3% of their software · price −$2.4M$15.6MNew · +$18.0M
- F5, Inc.FFIV60,050 shares · 0.3% of their software · price −$4.1M$15.3M+$18.5M
- BroadridgeBR67,267 shares · 0.3% of their software · price −$1.0M$15.0MNew · +$16.0M
- CoStarCSGP218,361 shares · 0.3% of their software · price −$3.7M$14.7MNew · +$18.4M
- NetApp, Inc.NTAP134,579 shares · 0.3% of their software · price −$1.5M$14.4M+$14.0M
- TrimbleTRMB180,338 shares · 0.3% of their software · price −$595K$14.1MNew · +$14.7M
- ZoomZM148,948 shares · 0.2% of their software · price +$565K$12.9MNew · +$12.3M
- ZscalerZS54,859 shares · 0.2% of their software · price −$4.1M$12.3MNew · +$16.4M
- HubSpotHUBS30,333 shares · 0.2% of their software · price −$2.0M$12.2MNew · +$14.2M
- Corpay, Inc.CPAY37,793 shares · 0.2% of their software$11.4M+$10.4M
- PTCPTC65,200 shares · 0.2% of their software · price −$1.9M$11.4MNew · +$13.2M
- DigitalOceanDOCN218,617 shares · 0.2% of their software · price +$3.1M$10.5M+$6.6M
- Tyler TechnologiesTYL22,349 shares · 0.2% of their software · price −$1.5M$10.1MNew · +$11.7M
- NutanixNTNX173,004 shares · 0.2% of their software · price −$3.9M$8.9MNew · +$12.9M
- The Trade DeskTTD235,350 shares · 0.2% of their software · price −$2.6M$8.9MNew · +$11.5M
- ToastTOST247,728 shares · 0.2% of their software$8.8MNew · +$9.0M
- Manhattan AssociatesMANH49,741 shares · 0.2% of their software · price −$1.6M$8.6M+$9.5M
- OktaOKTA78,130 shares · 0.1% of their software$6.8MNew · +$7.2M
- Grab Holdings LimitedGRAB1,260,520 shares · 0.1% of their software · price −$1.3M$6.3MNew · +$7.6M
- Gen DigitalGEN220,282 shares · 0.1% of their software$6.0M+$4.1M
- SamsaraIOT139,459 shares · 0.1% of their software$4.9MNew · +$5.2M
- PaycomPAYC30,287 shares · 0.1% of their software · price −$1.5M$4.8MNew · +$6.3M
- Check PointCHKP23,802 shares · 0.1% of their software · price −$508K$4.4MNew · +$4.9M
- CoreWeave, Inc.CRWV61,600 shares · 0.1% of their software · price −$4.0M$4.4MNew · +$8.4M
- Bentley SystemsBSY78,204 shares · 0.1% of their software · price −$1.0M$3.0MNew · +$4.0M
- UiPathPATH173,580 shares · 0.1% of their software · price +$522K$2.8M+$1.4M
- ShopifySHOP11,621 shares · 0.0% of their software$1.9M+$975K
- WixWIX15,901 shares · 0.0% of their software · price −$1.2M$1.7MNew · +$2.8M
- AkamaiAKAM18,903 shares · 0.0% of their software$1.6MNew · +$1.4M
- monday.comMNDY7,700 shares · 0.0% of their software$1.1MNew · +$1.5M
- StoneCo Ltd.STNE35,800 shares · 0.0% of their software$529KNew · +$677K
- QualysQLYS2,165 shares · 0.0% of their software$288KFlat
- TenableTENB11,881 shares · 0.0% of their software$280KFlat
- FactSetFDS740 shares · 0.0% of their software$215KNew · Flat
- UnityU2,900 shares · 0.0% of their software$128KNew · Flat
- InterDigital, Inc.IDCC400 shares · 0.0% of their software$127KNew · Flat
- ProcorePCOR1,600 shares · 0.0% of their software$116KNew · Flat
- Rubrik, Inc.RBRK1,400 shares · 0.0% of their software$107KNew · Flat
- GuidewireGWRE500 shares · 0.0% of their software$101K−$539K
- FreshworksFRSH8,000 shares · 0.0% of their software$98KFlat
- Alarm.com Holdings, Inc.ALRM1,800 shares · 0.0% of their software$92KNew · Flat
- Lyft, Inc.LYFT4,400 shares · 0.0% of their software$85KNew · Flat
- BILLBILL1,500 shares · 0.0% of their software$82KNew · Flat
- CCC Intelligent Solutions Holdings Inc.CCC9,800 shares · 0.0% of their software$78KNew · Flat
- WEX Inc.WEX500 shares · 0.0% of their software$74KNew · Flat
- DoximityDOCS1,600 shares · 0.0% of their software$71KFlat
- ElasticESTC900 shares · 0.0% of their software$68KNew · Flat
- MorningstarMORN300 shares · 0.0% of their software$65KFlat
- GitLabGTLB1,700 shares · 0.0% of their software$64KNew · Flat
- OpenTextOTEX1,955 shares · 0.0% of their software$64KNew · Flat
- CommvaultCVLT500 shares · 0.0% of their software$63KNew · Flat
- PaylocityPCTY400 shares · 0.0% of their software$61KNew · Flat
- PegasystemsPEGA1,000 shares · 0.0% of their software$60KFlat
- DuolingoDUOL300 shares · 0.0% of their software$53KFlat
- WaystarWAY1,600 shares · 0.0% of their software$52KNew · Flat
- Q2QTWO700 shares · 0.0% of their software$51KNew · Flat
- Clearwater AnalyticsCWAN2,000 shares · 0.0% of their software$48KNew
- DropboxDBX1,700 shares · 0.0% of their software$47KNew · Flat
- SPS CommerceSPSC500 shares · 0.0% of their software$45KNew · Flat
- Core Scientific, Inc.CORZ2,500 shares · 0.0% of their software$36KNew · Flat
- SoundHound AI, Inc.SOUN3,300 shares · 0.0% of their software$33KNew · Flat
- Five9FIVN1,400 shares · 0.0% of their software$28KFlat
- Calix, Inc.CALX500 shares · 0.0% of their software$26KFlat
- JFrogFROG400 shares · 0.0% of their software$25KNew · Flat
- AppFolioAPPF100 shares · 0.0% of their software$23K−$679K
- Euronet Worldwide, Inc.EEFT300 shares · 0.0% of their software$23KNew · Flat
- SentinelOneS1,500 shares · 0.0% of their software$23KNew · Flat
- ACI WorldwideACIW400 shares · 0.0% of their software$19KNew · Flat
- NetScout Systems, Inc.NTCT700 shares · 0.0% of their software$19KNew · Flat
- Alight, Inc.ALIT9,500 shares · 0.0% of their software$19KNew · Flat
- ZoomInfoZI1,800 shares · 0.0% of their software$18KNew
- WorkivaWK200 shares · 0.0% of their software$17KNew · Flat
- VaronisVRNS400 shares · 0.0% of their software$13KNew · Flat
- Shift4 Payments, Inc.FOUR200 shares · 0.0% of their software$13KNew · Flat
- BoxBOX400 shares · 0.0% of their software$12KFlat
- EVERTEC, Inc.EVTC400 shares · 0.0% of their software$12KNew · Flat
- Remitly Global, Inc.RELY600 shares · 0.0% of their software$8KNew · Flat
- A10 Networks, Inc.ATEN400 shares · 0.0% of their software$7KNew · Flat
- Zeta GlobalZETA300 shares · 0.0% of their software$6KNew · Flat
- N-ableNABL300 shares · 0.0% of their software$2KNew · Flat
- Next Technology Holding Inc.NXTT1 shares · 0.0% of their software$6Flat
- Treasure Global Inc.TGL1 shares · 0.0% of their software$6New · Flat
- Inuvo, Inc.INUV2 shares · 0.0% of their software$5Flat