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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
351
Employees Retirement System of Texas
Employees Retirement System of Texas
Texas
$419M -$53.2M 35 5.64% Reduced
352
SGAM
Smith Group Asset Management
Texas
$417M +$27M 12 12.07% Increased
353
Mirae Asset Global Investments
Mirae Asset Global Investments
South Korea
$416M +$58.9M 30 5.67% Increased
354
Davenport & Co
Davenport & Co
Virginia
$414M -$18M 19 5.11% Reduced
355
Teachers Retirement System of the State of Kentucky
Teachers Retirement System of the State of Kentucky
Kentucky
$410M +$11M 58 4.84% Increased
356
Corvex Management
Corvex Management
New York
$409M -$48.3M 5 19.66% Reduced
357
CCI
Columbus Circle Investors
$408M -$82.7M 12 8.43% Reduced
358
Employees Provident Fund Board
Employees Provident Fund Board
Malaysia
$407M +$109M 3 11.06% Increased
359
SI
Salesforce Inc
California
$402M +$229M 3 88.99% Increased
360
HBK Investments
HBK Investments
Texas
$399M +$46.2M 39 2.62% Increased
361
Rockefeller Capital Management
Rockefeller Capital Management
New York
$398M -$11.4M 32 6.49% Reduced
362
BPI
Battery Partners IX
Massachusetts
$397M +$270M 2 96.97% Increased
363
Saturna Capital
Saturna Capital
Washington
$395M +$357K 8 12.65% Increased
364
SAM
Shell Asset Management
Netherlands
$395M -$24.2M 46 8.09% Reduced
365
Norinchukin Bank
Norinchukin Bank
Japan
$394M +$41.7M 20 5.89% Increased
366
Commerce Bank
Commerce Bank
Missouri
$394M -$11.6M 35 5.01% Reduced
367
VM
Valinor Management
New York
$394M +$41.8M 4 12.35% Increased
368
Williams Jones & Associates
Williams Jones & Associates
New York
$391M +$9.01M 16 8.62% Increased
369
Nikko Asset Management Americas
Nikko Asset Management Americas
New York
$391M +$39.5M 11 11.68% Increased
370
IVA
International Value Advisers
$387M +$51.3M 3 10.5% Increased
371
Swiss Life Asset Management
Swiss Life Asset Management
$385M +$6.7M 23 5.77% Increased
372
FQ
First Quadrant
California
$385M -$13.1M 34 7.21% Reduced
373
Nicholas Company
Nicholas Company
Wisconsin
$384M -$23.8M 18 8.96% Reduced
374
LPL Financial
LPL Financial
California
$383M +$9.15M 62 1.01% Increased
375
Hermes Investment Management
Hermes Investment Management
United Kingdom
$380M +$102M 13 5.04% Increased