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SaaS & Enterprise Software

Software as a service sells business applications by subscription, trading a large upfront licence for predictable recurring revenue. Keeping and growing existing customers matters more to the investment case than winning new ones.

266 stocks

# Name Holding Trade Value Theme
Stocks
% of
Portfolio
Status
226
Alkeon Capital Management
Alkeon Capital Management
New York
$498M -$7.1M 4 9.51% Reduced
227
Evercore Trust Company
Evercore Trust Company
New York
$495M -$29.9M 3 1.74% Reduced
228
Select Equity Group
Select Equity Group
New York
$494M +$153M 8 4.49% Increased
229
Fiera Capital (Canada)
Fiera Capital (Canada)
Quebec, Canada
$494M +$4.46M 11 3.68% Increased
230
Sculptor Capital
Sculptor Capital
New York
$489M +$208M 6 1.59% Increased
231
ASP
Adams Street Partners
Illinois
$487M +$472M 4 77.73% New
232
Scharf Investments
Scharf Investments
California
$487M +$138M 3 13.5% Increased
233
Letko, Brosseau & Associates
Letko, Brosseau & Associates
Quebec, Canada
$481M +$12M 2 4.54% Increased
234
Mackenzie Financial
Mackenzie Financial
Ontario, Canada
$477M -$13.7M 27 2.51% Reduced
235
Flossbach Von Storch
Flossbach Von Storch
Germany
$469M +$92M 4 10.6% Increased
236
State of Michigan Retirement System
State of Michigan Retirement System
Michigan
$467M -$36M 29 3.27% Reduced
237
Wellcome Trust
Wellcome Trust
United Kingdom
$465M $0 3 9.97% Maintained
238
Nuveen
Nuveen
North Carolina
$463M -$43.1M 40 2.54% Reduced
239
Cornerstone Investment Partners
Cornerstone Investment Partners
Georgia
$460M -$213M 3 8.48% Reduced
240
CS
Cisco Systems
California
$459M -$73.6M 1 57.91% Reduced
241
Two Sigma Investments
Two Sigma Investments
New York
$459M -$47M 37 2.14% Reduced
242
Bahl & Gaynor
Bahl & Gaynor
Ohio
$453M +$35M 14 6.14% Increased
243
Public Sector Pension Investment Board (PSP Investments)
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$452M -$1.35M 32 3.35% Reduced
244
Winton Group
Winton Group
United Kingdom
$451M +$240M 9 3.59% Increased
245
CIP
Champlain Investment Partners
Vermont
$446M -$43.6M 8 7.61% Reduced
246
Fundsmith LLP
Fundsmith LLP
United Kingdom
$441M +$323M 2 14.29% Increased
247
Two Sigma Advisers
Two Sigma Advisers
New York
$440M -$69.6M 33 3.23% Reduced
248
JP
Jana Partners
New York
$437M +$79.5M 1 2.54% Increased
249
Sustainable Growth Advisers
Sustainable Growth Advisers
Connecticut
$436M -$13.6M 3 10.02% Reduced
250
Manning & Napier Advisors
Manning & Napier Advisors
New York
$435M -$18.2M 13 2.06% Reduced