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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
TIAA CREF Investment Management
TIAA CREF Investment Management
New York
$7.63B -$412M 83 5.42% Reduced
27
Goldman Sachs
Goldman Sachs
New York
$6.96B -$232M 86 2.16% Reduced
28
AllianceBernstein
AllianceBernstein
Tennessee
$5.7B +$223M 74 4.71% Increased
29
Jennison Associates
Jennison Associates
New York
$5.51B -$203M 21 5.05% Reduced
30
Managed Account Advisors
Managed Account Advisors
New Jersey
$5.35B +$258M 75 4.41% Increased
31
Deutsche Bank
Deutsche Bank
Germany
$5.34B -$678M 96 3.41% Reduced
32
Dodge & Cox
Dodge & Cox
California
$4.94B -$184M 7 4.46% Reduced
33
Neuberger Berman Group
Neuberger Berman Group
New York
$4.82B -$353M 44 5.36% Reduced
34
UBS AM
UBS AM
Illinois
$4.75B -$378M 74 4.54% Reduced
35
ValueAct Holdings
ValueAct Holdings
California
$4.6B -$23.6M 2 24.2% Reduced
36
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
$4.49B +$151M 93 3.1% Increased
37
Waddell & Reed Financial
Waddell & Reed Financial
Kansas
$4.39B +$206M 24 6.27% Increased
38
ClearBridge Investments
ClearBridge Investments
New York
$3.96B +$75M 29 4.19% Increased
39
Sands Capital Management
Sands Capital Management
Virginia
$3.94B -$229M 7 9.68% Reduced
40
First Eagle Investment Management
First Eagle Investment Management
New York
$3.88B +$77.6M 7 9.25% Increased
41
Legal & General Group
Legal & General Group
United Kingdom
$3.87B +$46M 70 4.54% Increased
42
Artisan Partners
Artisan Partners
Wisconsin
$3.66B -$169M 20 6.75% Reduced
43
Harris Associates
Harris Associates
Illinois
$3.57B +$28.1M 5 5.7% Increased
44
American Century Companies
American Century Companies
Missouri
$3.56B +$130M 36 4% Increased
45
New York State Common Retirement Fund
New York State Common Retirement Fund
New York
$3.48B +$27.5M 87 5.08% Increased
46
State Farm Mutual Automobile Insurance
State Farm Mutual Automobile Insurance
Illinois
$3.43B $0 8 5.23% Maintained
47
Magellan Asset Management
Magellan Asset Management
Australia
$3.39B +$10.3M 3 21.26% Increased
48
Barrow, Hanley, Mewhinney & Strauss
Barrow, Hanley, Mewhinney & Strauss
Texas
$3.28B -$50M 2 4.47% Reduced
49
Grantham, Mayo, Van Otterloo & Co (GMO)
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$3.27B +$429M 15 10.56% Increased
50
Allianz Asset Management
Allianz Asset Management
Germany
$3.27B -$188M 41 3.48% Reduced