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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
26
Primecap Management
Primecap Management
California
$6.81B -$429M 11 8.18% Reduced
27
Janus Henderson Investors US
Janus Henderson Investors US
Colorado
$6.6B +$279M 42 6.22% Increased
28
Morgan Stanley
Morgan Stanley
New York
$6.18B +$350M 87 2.63% Increased
29
Grantham, Mayo, Van Otterloo & Co (GMO)
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$5.73B +$74.1M 20 13.9% Increased
30
Deutsche Bank
Deutsche Bank
Germany
$5.59B -$168M 78 4.02% Reduced
31
Neuberger Berman Group
Neuberger Berman Group
New York
$5.48B +$38.7M 41 5.63% Increased
32
AllianceBernstein
AllianceBernstein
Tennessee
$5.26B -$144M 71 4.71% Reduced
33
Dodge & Cox
Dodge & Cox
California
$4.98B -$842M 8 5.19% Reduced
34
Artisan Partners
Artisan Partners
Wisconsin
$4.78B +$301M 24 8.57% Increased
35
Jennison Associates
Jennison Associates
New York
$4.73B -$61.3M 16 4.64% Reduced
36
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
$4.18B +$173M 65 2.97% Increased
37
ValueAct Holdings
ValueAct Holdings
California
$4.02B -$331M 2 33.22% Reduced
38
Legal & General Group
Legal & General Group
United Kingdom
$3.98B +$30.8M 29 4.82% Increased
39
UBS AM
UBS AM
Illinois
$3.9B -$211M 62 4.46% Reduced
40
Macquarie Group
Macquarie Group
Australia
$3.89B -$253M 41 6.97% Reduced
41
BlackRock Advisors
BlackRock Advisors
Delaware
$3.8B -$167M 75 3.65% Reduced
42
State Farm Mutual Automobile Insurance
State Farm Mutual Automobile Insurance
Illinois
$3.7B +$9.61M 7 5.9% Increased
43
Managed Account Advisors
Managed Account Advisors
New Jersey
$3.34B +$2.05M 64 4.48% Increased
44
Harris Associates
Harris Associates
Illinois
$3.24B +$74.5M 5 5.78% Increased
45
Credit Suisse
Credit Suisse
Switzerland
$3.17B +$483M 70 2.87% Increased
46
California Public Employees Retirement System
California Public Employees Retirement System
California
$3.1B +$432M 80 4.49% Increased
47
First Eagle Investment Management
First Eagle Investment Management
New York
$3.07B +$562M 9 8.35% Increased
48
Allianz Asset Management
Allianz Asset Management
Germany
$3.05B +$121M 51 3.89% Increased
49
New York State Common Retirement Fund
New York State Common Retirement Fund
New York
$3.02B -$65.5M 53 4.74% Reduced
50
Waddell & Reed Financial
Waddell & Reed Financial
Kansas
$2.98B +$526M 21 4.8% Increased