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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
Janus Henderson Investors US
Janus Henderson Investors US
Colorado
$6.93B +$128M 42 5.94% Increased
27
Bank of America
Bank of America
North Carolina
$6.58B -$2.17B 86 2.35% Reduced
28
AllianceBernstein
AllianceBernstein
Tennessee
$5.56B +$190M 81 4.62% Increased
29
UBS AM
UBS AM
Illinois
$5.26B +$170M 67 5% Increased
30
Deutsche Bank
Deutsche Bank
Germany
$5.24B -$322M 96 3.23% Reduced
31
Neuberger Berman Group
Neuberger Berman Group
New York
$5.2B -$508M 45 5.4% Reduced
32
Dodge & Cox
Dodge & Cox
California
$5.12B -$535M 7 4.76% Reduced
33
Jennison Associates
Jennison Associates
New York
$5.09B -$70M 18 4.76% Reduced
34
ValueAct Holdings
ValueAct Holdings
California
$4.61B -$550M 2 28.9% Reduced
35
Grantham, Mayo, Van Otterloo & Co (GMO)
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$4.59B -$518M 15 12.35% Reduced
36
Managed Account Advisors
Managed Account Advisors
New Jersey
$4.57B +$213M 63 4.52% Increased
37
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
$4.54B +$99.4M 79 2.93% Increased
38
Waddell & Reed Financial
Waddell & Reed Financial
Kansas
$4.36B +$297M 21 6.05% Increased
39
First Eagle Investment Management
First Eagle Investment Management
New York
$4.12B -$28.3M 7 10.01% Reduced
40
Artisan Partners
Artisan Partners
Wisconsin
$4.05B -$135M 19 7.05% Reduced
41
Legal & General Group
Legal & General Group
United Kingdom
$3.93B -$73.1M 59 4.63% Reduced
42
Sands Capital Management
Sands Capital Management
Virginia
$3.83B +$293M 9 9.12% Increased
43
ClearBridge Investments
ClearBridge Investments
New York
$3.74B +$73.4M 30 3.93% Increased
44
Barrow, Hanley, Mewhinney & Strauss
Barrow, Hanley, Mewhinney & Strauss
Texas
$3.59B +$41M 3 4.81% Increased
45
Eagle Capital Management (New York)
Eagle Capital Management (New York)
New York
$3.53B -$57.3M 3 13.3% Reduced
46
Harris Associates
Harris Associates
Illinois
$3.44B -$830M 6 5.34% Reduced
47
Allianz Asset Management
Allianz Asset Management
Germany
$3.38B -$166M 48 3.76% Reduced
48
State Farm Mutual Automobile Insurance
State Farm Mutual Automobile Insurance
Illinois
$3.36B +$2M 8 4.87% Increased
49
New York State Common Retirement Fund
New York State Common Retirement Fund
New York
$3.32B -$8.32M 61 4.92% Reduced
50
BlackRock Advisors
BlackRock Advisors
Delaware
$3.25B +$163M 85 3.27% Increased