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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
$7.17B -$374M 12 7.96% Reduced
27
Goldman Sachs
Goldman Sachs
New York
$6.95B +$347M 83 2.34% Increased
28
AllianceBernstein
AllianceBernstein
Tennessee
$5.84B +$307M 73 5.02% Increased
29
Jennison Associates
Jennison Associates
New York
$5.25B +$88.1M 18 5.38% Increased
30
Neuberger Berman Group
Neuberger Berman Group
New York
$4.69B -$18.4M 43 6.04% Reduced
31
UBS AM
UBS AM
Illinois
$4.57B +$31M 74 5.04% Increased
32
ValueAct Holdings
ValueAct Holdings
California
$4.48B -$137M 2 26.07% Reduced
33
Dodge & Cox
Dodge & Cox
California
$4.45B -$442M 7 4.47% Reduced
34
Deutsche Bank
Deutsche Bank
Germany
$4.29B -$866M 97 3.31% Reduced
35
ClearBridge Investments
ClearBridge Investments
New York
$4.01B +$218M 28 4.79% Increased
36
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
$4B -$480M 93 3% Reduced
37
Waddell & Reed Financial
Waddell & Reed Financial
Kansas
$3.94B -$383M 28 6.47% Reduced
38
Legal & General Group
Legal & General Group
United Kingdom
$3.86B +$169M 70 4.71% Increased
39
First Eagle Investment Management
First Eagle Investment Management
New York
$3.64B +$51.8M 7 9.16% Increased
40
Sands Capital Management
Sands Capital Management
Virginia
$3.63B -$114M 7 10.14% Reduced
41
Artisan Partners
Artisan Partners
Wisconsin
$3.56B +$147M 23 7.25% Increased
42
New York State Common Retirement Fund
New York State Common Retirement Fund
New York
$3.44B +$98.6M 87 5.45% Increased
43
Harris Associates
Harris Associates
Illinois
$3.36B -$25.5M 4 5.88% Reduced
44
Magellan Asset Management
Magellan Asset Management
Australia
$3.33B +$131M 3 20.9% Increased
45
Allianz Asset Management
Allianz Asset Management
Germany
$3.26B +$101M 41 3.88% Increased
46
American Century Companies
American Century Companies
Missouri
$3.1B -$261M 36 3.78% Reduced
47
BlackRock Investment Management
BlackRock Investment Management
Delaware
$3.1B -$20.8M 96 4.18% Reduced
48
State Farm Mutual Automobile Insurance
State Farm Mutual Automobile Insurance
Illinois
$3.09B -$988K 8 5.2% Reduced
49
BlackRock Advisors
BlackRock Advisors
Delaware
$3.06B +$332M 89 3.29% Increased
50
Charles Schwab
Charles Schwab
California
$3.04B -$9.41M 83 4.48% Reduced