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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
$7.4B -$229M 11 7.22% Reduced
27
Goldman Sachs
Goldman Sachs
New York
$7B -$20.5M 83 2.25% Reduced
28
Deutsche Bank
Deutsche Bank
Germany
$5.83B +$722M 94 3.63% Increased
29
Jennison Associates
Jennison Associates
New York
$5.43B +$128M 18 4.98% Increased
30
AllianceBernstein
AllianceBernstein
Tennessee
$5.41B -$174M 81 4.38% Reduced
31
Managed Account Advisors
Managed Account Advisors
New Jersey
$5.08B +$431M 68 4.47% Increased
32
Neuberger Berman Group
Neuberger Berman Group
New York
$5.05B -$306M 44 5.39% Reduced
33
UBS AM
UBS AM
Illinois
$5.03B -$190M 71 4.85% Reduced
34
Dodge & Cox
Dodge & Cox
California
$4.72B +$28.7M 7 4.35% Increased
35
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
$4.42B -$92M 86 3.08% Reduced
36
ValueAct Holdings
ValueAct Holdings
California
$4.24B +$45M 2 23.46% Increased
37
Waddell & Reed Financial
Waddell & Reed Financial
Kansas
$4.04B -$244M 21 5.61% Reduced
38
Artisan Partners
Artisan Partners
Wisconsin
$3.94B -$95.2M 20 7.08% Reduced
39
Sands Capital Management
Sands Capital Management
Virginia
$3.92B -$154M 7 9.33% Reduced
40
ClearBridge Investments
ClearBridge Investments
New York
$3.92B +$287M 31 4.07% Increased
41
First Eagle Investment Management
First Eagle Investment Management
New York
$3.91B +$56.5M 7 9.31% Increased
42
Legal & General Group
Legal & General Group
United Kingdom
$3.75B -$49M 67 4.49% Reduced
43
Harris Associates
Harris Associates
Illinois
$3.66B +$353M 5 5.78% Increased
44
State Farm Mutual Automobile Insurance
State Farm Mutual Automobile Insurance
Illinois
$3.39B $0 8 5.07% Maintained
45
American Century Companies
American Century Companies
Missouri
$3.38B +$255M 37 3.78% Increased
46
Allianz Asset Management
Allianz Asset Management
Germany
$3.38B +$32.8M 45 3.86% Increased
47
New York State Common Retirement Fund
New York State Common Retirement Fund
New York
$3.35B +$109M 64 4.89% Increased
48
Barrow, Hanley, Mewhinney & Strauss
Barrow, Hanley, Mewhinney & Strauss
Texas
$3.3B +$1.97M 3 4.48% Increased
49
Magellan Asset Management
Magellan Asset Management
Australia
$3.27B +$1.13B 3 21.07% Increased
50
Eagle Capital Management (New York)
Eagle Capital Management (New York)
New York
$3.23B -$27.5M 3 12% Reduced