Part of a contrarian software sector bet by Michael Burry following a period of underperformance.

Considered a beneficiary of generative AI and world model technology, with potential for significant margin improvement and product innovation by integrating these technologies into their platforms.

The company has strong incumbent moats and is well-defended against immediate AI disruption due to the complexity and proprietary nature of the CAD market, which is a short-to-medium term positive for investors.

Classified as a 'surprise winner' after its stock climbed 11% following a corrected earnings report.