1 SAP SE SAP $242.33B $207.97 −0.63% $1.31 DE 2 Shopify Inc. SHOP $200.25B $154.32 −2.66% $4.21 CA 3 Salesforce, Inc. CRM $160.70B $196.21 −2.56% $5.16 US 4 Uber Technologies, Inc. UBER $154.60B $75.95 +0.09% $0.07 US 5 ServiceNow, Inc. NOW $128.20B $124.00 −2.55% $3.25 US 6 Snowflake Inc. SNOW $114.00B $328.92 −2.51% $8.46 US 7 Automatic Data Processing, Inc. ADP $109.11B $272.96 −1.18% $3.27 US 8 AppLovin Corporation APP $105.97B $315.44 +0.89% $2.77 US 9 Adobe Inc. ADBE $104.95B $264.02 −2.39% $6.47 US 10 Intuit Inc. INTU $94.55B $345.66 −3.53% $12.63 US 11 Datadog, Inc. DDOG $90.93B $255.46 +1.28% $3.22 US 12 Cadence Design Systems, Inc. CDNS $89.45B $324.82 +0.32% $1.05 US 13 Autodesk, Inc. ADSK $53.14B $251.66 −2.44% $6.30 US 14 Workday, Inc. WDAY $52.04B $198.68 −3.76% $7.77 US 15 Constellation Software Inc. CSU.TO $47.19B $2,226.60 −2.32% $52.98 CA 16 Atlassian Corporation TEAM $42.61B $162.22 −2.27% $3.76 US 17 Roper Technologies, Inc. ROP $40.30B $399.34 +0.46% $1.84 US 18 Veeva Systems Inc. VEEV $39.60B $243.75 −3.52% $8.89 US 19 Dassault Systèmes SE DSY.PA $32.96B $25.08 +3.63% $0.88 FR 20 Strategy Inc STRC $32.69B $94.78 −1.03% $0.99 US 21 Zoom Communications, Inc. ZM $31.07B $105.96 −3.53% $3.88 US 22 Bending Spoons S.p.A. BSP $26.32B $39.31 −3.93% $1.61 IT 23 Hithink RoyalFlush Information Network Co., Ltd. 300033.SZ $25.71B $34.15 −0.71% $0.24 CN 24 Gen Digital Inc. Contingent Value Rights GENVR $23.93B $3.60 −8.86% $0.35 US 25 LY Corporation 4689.T $21.80B $3.18 +1.36% $0.04 JP 26 Unity Software Inc. U $20.19B $46.25 +1.00% $0.46 US 27 SS&C Technologies Holdings, Inc. SSNC $19.12B $81.50 −0.66% $0.54 US 28 Wolters Kluwer N.V. WKL.AS $18.24B $80.73 +2.14% $1.69 NL 29 DiDi Global Inc. DIDIY $18.03B $4.00 +2.04% $0.08 CN 30 Beijing Kingsoft Office Software, Inc. 688111.SS $17.63B $38.04 +0.77% $0.29 CN 31 PTC Inc. PTC $17.30B $149.75 −2.69% $4.14 US 32 iFLYTEK CO.,LTD 002230.SZ $14.89B $6.20 −0.43% $0.03 CN 33 Guidewire Software, Inc. GWRE $14.62B $175.59 −3.85% $7.03 US 34 Grab Holdings Limited GRAB $14.38B $3.62 −2.16% $0.08 SG 35 Dynatrace, Inc. DT $14.32B $49.14 −3.17% $1.61 US 36 Tyler Technologies, Inc. TYL $13.46B $328.64 −0.09% $0.31 US 37 The Sage Group plc SGE.L $12.88B $14.35 +4.48% $0.62 GB 38 OBIC Co.,Ltd. 4684.T $12.71B $29.50 +1.93% $0.56 JP 39 Figma, Inc. FIG $12.39B $25.42 −3.53% $0.93 US 40 DocuSign, Inc. DOCU $11.85B $62.04 −3.20% $2.05 US 41 JFrog Ltd. FROG $11.65B $96.17 +1.07% $1.02 US 42 Manhattan Associates, Inc. MANH $11.51B $197.39 −1.76% $3.53 US 43 HubSpot, Inc. HUBS $11.47B $223.94 −6.89% $16.57 US 44 Bentley Systems, Incorporated BSY $10.59B $36.24 −0.88% $0.32 US 45 WiseTech Global Limited WTC.AX $10.34B $30.74 +5.55% $1.62 AU 46 Xero Limited XRO.AX $10.01B $57.74 +5.54% $3.03 NZ 47 Paycom Software, Inc. PAYC $9.83B $218.13 −2.46% $5.50 US 48 Full Truck Alliance Co. Ltd. YMM $9.21B $8.81 −0.68% $0.06 CN 49 Procore Technologies, Inc. PCOR $9.02B $59.80 −3.81% $2.37 US 50 Elastic N.V. ESTC $9.01B $86.68 +0.76% $0.65 NL 51 InterDigital, Inc. IDCC $8.87B $343.65 −0.12% $0.42 US 52 ServiceTitan, Inc. TTAN $8.62B $90.40 −3.52% $3.30 US 53 TeraWulf Inc. WULF $8.61B $17.38 +6.56% $1.07 US 54 Nemetschek SE NEM.DE $8.24B $71.44 +8.43% $5.55 DE 55 Momenta Global Ltd. Class A 6880.HK $8.04B $34.15 −0.15% $0.05 CN 56 Horizon Robotics 9660.HK $8.00B $0.64 −0.89% $0.01 CN 57 Paylocity Holding Corporation PCTY $7.94B $148.28 −2.90% $4.43 US 58 Technology One Limited TNE.AX $7.85B $23.97 +3.20% $0.74 AU 59 Empyrean Technology Co., Ltd. 301269.SZ $7.76B $14.22 +0.17% $0.02 CN 60 Beijing Compass Technology Development Co., Ltd. 300803.SZ $7.55B $12.38 −0.86% $0.11 CN 61 AppFolio Inc. APPF $7.30B $204.21 +0.12% $0.24 US 62 Zeta Global Holdings Corp. ZETA $7.26B $29.05 −1.92% $0.57 US 63 GitLab Inc. GTLB $7.20B $42.62 −1.68% $0.73 US 64 Deepzero 2723.HK $7.19B $79.33 −3.34% $2.74 CN 65 SenseTime Group Inc. 0020.HK $7.16B $0.18 −1.75% $0.00 CN 66 Navan, Inc. NAVN $6.99B $29.26 −1.53% $0.45 US 67 Lyft, Inc. LYFT $6.64B $17.48 +2.04% $0.35 US 68 The Descartes Systems Group Inc. DSGX $6.62B $77.24 +0.00% $0.00 CA 69 Hundsun Technologies Inc. 600570.SS $6.21B $3.28 −1.29% $0.04 CN 70 Duolingo, Inc. DUOL $6.19B $132.83 −7.82% $11.27 US 71 Temenos AG TEMN.SW $6.18B $91.76 +1.84% $1.66 CH 72 Commvault Systems, Inc. CVLT $6.10B $147.09 −2.66% $4.01 US 73 Topicus.com Inc. TOI.V $6.05B $72.56 −3.67% $2.77 CA 74 NICE Ltd. NICE $5.99B $102.26 −2.84% $2.99 IL 75 Open Text Corporation OTEX $5.95B $24.54 −1.37% $0.34 CA 76 Yonyou Network Technology Co.,Ltd. 600588.SS $5.90B $1.73 +0.00% $0.00 CN 77 Shanghai Baosight Software Co.,Ltd. 600845.SS $5.77B $2.71 −1.19% $0.03 CN 78 Shanghai Stonehill Technology Co., Ltd. 002195.SZ $5.69B $1.00 −2.03% $0.02 CN 79 RingCentral, Inc. RNG $5.56B $64.49 −4.85% $3.29 US 80 Klaviyo, Inc. KVYO $5.53B $18.49 −3.80% $0.73 US 81 Pegasystems Inc. PEGA $5.31B $32.32 −3.49% $1.17 US 82 Octave Intelligence plc OCTV $5.08B $18.91 +0.00% $0.00 US 83 Bill.com Holdings, Inc. BILL $4.96B $49.78 −2.98% $1.53 US 84 Talkweb Information System Co.,Ltd. 002261.SZ $4.94B $3.92 +1.11% $0.04 CN 85 Asseco Poland S.A. ACP.WA $4.92B $61.12 +1.16% $0.70 PL 86 Fastly, Inc. FSLY $4.68B $29.93 −0.30% $0.09 US 87 Clear Secure, Inc. YOU $4.57B $45.45 −0.48% $0.22 US 88 Lumine Group Inc. LMN.V $4.57B $17.82 −1.83% $0.33 CA 89 Dave Inc. DAVE $4.50B $334.57 +0.24% $0.80 US 90 Kingsoft Corporation Ltd KSFTF $4.41B $3.25 +0.00% $0.00 CN 91 Jiangsu Hoperun Software Co., Ltd. 300339.SZ $4.34B $5.45 −0.70% $0.04 CN 92 China National Software & Service Company Limited 600536.SS $4.33B $4.64 −1.04% $0.05 CN 93 Geovis Technology Co.,Ltd 688568.SS $4.29B $5.31 +0.14% $0.01 CN 94 Shenzhen Fortune Trend Technology Co., Ltd. 688318.SS $4.28B $11.93 −3.32% $0.41 CN 95 Webull Corporation Class A Ordinary Shares BULL $4.28B $8.04 +1.13% $0.09 US 96 Life360, Inc. LIF $4.15B $51.21 +1.91% $0.96 US 97 Youzan Technology Ltd. CHNVF $4.14B $0.13 +0.00% $0.00 HK 98 CCC Intelligent Solutions Holdings Inc. CCC $4.11B $6.97 −2.11% $0.15 US 99 Thunder Software Technology Co.,Ltd. 300496.SZ $4.09B $8.87 +0.00% $0.00 CN 100 Sportradar Group AG SRAD $4.09B $13.82 +1.77% $0.24 CH 101 Q2 Holdings, Inc. QTWO $4.04B $64.73 −2.25% $1.49 US 102 OBIC Business Consultants Co., Ltd. 4733.T $3.89B $51.76 +2.37% $1.20 JP 103 Wix.com Ltd. WIX $3.89B $74.13 −7.41% $5.93 IL 104 Workiva Inc. WK $3.84B $70.51 −4.39% $3.24 US 105 monday.com Ltd. MNDY $3.70B $87.52 −7.18% $6.77 IL 106 Bullish BLSH $3.70B $24.39 −11.24% $3.09 KY 107 Beijing Shiji Information Technology Co., Ltd. 002153.SZ $3.56B $1.30 +4.89% $0.06 CN 108 Pony AI Inc. Class A 2026.HK $3.54B $8.16 +0.16% $0.01 CN 109 Beijing 51WORLD Digital Twin Technology Co., Ltd. 6651.HK $3.52B $8.80 +2.30% $0.20 CN 110 DHC Software Co.,Ltd. 002065.SZ $3.51B $1.09 −2.38% $0.03 CN 111 Freshworks Inc. FRSH $3.50B $12.66 −0.16% $0.02 US 112 Kingdee International Software Group Company Limited 0268.HK $3.49B $1.00 −0.06% $0.00 CN 113 Kingsoft Cloud Holdings Limited KC $3.46B $11.71 +2.63% $0.30 CN 114 NCR Atleos Corporation NATL $3.46B $46.93 −0.11% $0.05 US 115 Kinaxis Inc. KXS.TO $3.41B $124.84 −1.08% $1.36 CA 116 Totvs S.a. TOTS3.SA $3.36B $5.79 +2.27% $0.13 BR 117 Perfect World Co., Ltd. 002624.SZ $3.36B $1.73 −0.85% $0.01 CN 118 Pattern Group Inc. Series A Common Stock PTRN $3.33B $21.44 −6.05% $1.38 US 119 PATEO CONNECT Technology (Shanghai) Corporation 2889.HK $3.31B $23.25 +1.33% $0.31 CN 120 Adeia Inc. ADEA $3.29B $29.83 +3.97% $1.14 US 121 Braze, Inc. BRZE $3.26B $28.93 −3.15% $0.94 US 122 SoundHound AI, Inc. SOUN $3.24B $7.43 −0.67% $0.05 US 123 Agilysys, Inc. AGYS $3.22B $114.00 −1.04% $1.20 US 124 Intapp, Inc. INTA $3.09B $40.11 −2.22% $0.91 US 125 PT GoTo Gojek Tokopedia Tbk GOTO.JK $2.99B $0.00 +0.00% $0.00 ID 126 SPS Commerce, Inc. SPSC $2.86B $79.40 +0.04% $0.03 US 127 Grindr Inc. GRND $2.85B $16.01 +1.65% $0.26 US 128 Servyou Software Group Co., Ltd. 603171.SS $2.76B $6.80 −0.54% $0.04 CN 129 Meitu, Inc. MEIUF $2.76B $0.61 +0.00% $0.00 — CN 130 Alarm.com Holdings, Inc. 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NCNO $2.28B $20.81 +0.73% $0.15 US 144 Money Forward, Inc. 3994.T $2.26B $40.67 +10.30% $3.80 JP 145 Glodon Company Limited 002410.SZ $2.25B $1.36 −1.29% $0.02 CN 146 Urban Company Limited URBANCO.NS $2.21B $1.51 +2.16% $0.03 IN 147 Alkami Technology, Inc. ALKT $2.21B $20.67 −0.53% $0.11 US 148 Asana, Inc. ASAN $2.17B $9.14 −7.40% $0.73 US 149 Bitdeer Technologies Group BTDR $2.13B $9.13 +4.22% $0.37 SG 150 PDF Solutions, Inc. PDFS $2.13B $50.90 +1.09% $0.55 US