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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
Nissay Asset Management
Nissay Asset Management
Japan
$1.07B -$11.6M 56 8.19% Reduced
352
Martingale Asset Management
Martingale Asset Management
Massachusetts
$1.07B -$97.6M 45 13.65% Reduced
353
Capital Group Private Client Services
Capital Group Private Client Services
California
$1.07B -$44.1M 14 11.39% Reduced
354
Alphabet Inc
Alphabet Inc
California
$1.06B +$413M 5 25.65% Increased
355
M&G Investment Management
M&G Investment Management
United Kingdom
$1.06B -$851M 25 2.74% Reduced
356
Carmignac Gestion
Carmignac Gestion
France
$1.06B -$456M 13 14.79% Reduced
357
Manning & Napier Group
Manning & Napier Group
New York
$1.05B +$76.7M 12 8.73% Increased
358
CH
Cannae Holdings
Nevada
$1.04B -$115M 1 32.89% Reduced
359
CIBC World Market
CIBC World Market
Ontario, Canada
$1.04B -$21.4M 51 2.98% Reduced
360
Stockbridge Partners
Stockbridge Partners
Massachusetts
$1.03B -$79.9M 4 20.86% Reduced
361
LT
Lindsell Train
United Kingdom
$1.01B -$172M 4 14.57% Reduced
362
GAM
GuardCap Asset Management
United Kingdom
$999M +$7.71M 3 12.42% Increased
363
FAM
Foxhaven Asset Management
Virginia
$997M -$99.3M 6 28.85% Reduced
364
Virginia Retirement Systems
Virginia Retirement Systems
Virginia
$996M +$47.8M 58 6.79% Increased
365
SCM
Steadfast Capital Management
New York
$990M -$901M 7 16.51% Reduced
366
Teachers Retirement System of the State of Kentucky
Teachers Retirement System of the State of Kentucky
Kentucky
$988M -$62.5M 71 8.78% Reduced
367
United Capital Financial Advisors
United Capital Financial Advisors
Texas
$986M -$18.4M 44 4.54% Reduced
368
AKO Capital
AKO Capital
United Kingdom
$984M +$163M 4 9.58% Increased
369
BI
BlueSpruce Investments
Illinois
$982M -$168M 2 15.39% Reduced
370
SCH
Sylebra Capital (HK)
Hong Kong
$979M -$132M 5 31.57% Reduced
371
SV
Sapphire Ventures
Texas
$974M -$150M 8 88.32% Reduced
372
Granahan Investment Management
Granahan Investment Management
Massachusetts
$972M -$67.7M 19 20.01% Reduced
373
Utah Retirement Systems
Utah Retirement Systems
Utah
$971M +$14.6M 77 11.99% Increased
374
Saturna Capital
Saturna Capital
Washington
$963M +$8.41M 16 17.27% Increased
375
Comerica Bank
Comerica Bank
Texas
$962M -$93.6M 92 7.08% Reduced