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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
Berkshire Hathaway
Berkshire Hathaway
Nebraska
$8.45B -$1.65B 2 5.21% Reduced
27
AllianceBernstein
AllianceBernstein
Tennessee
$7.78B -$299M 90 6.02% Reduced
28
ClearBridge Investments
ClearBridge Investments
New York
$7.7B +$72.6M 36 7.57% Increased
29
Legal & General Group
Legal & General Group
United Kingdom
$6.98B +$78.2M 95 5.64% Increased
30
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
$6.82B +$309M 103 3.52% Increased
31
UBS AM
UBS AM
Illinois
$6.36B +$18.1M 76 6.15% Increased
32
Charles Schwab
Charles Schwab
California
$5.76B +$237M 90 5.41% Increased
33
Deutsche Bank
Deutsche Bank
Germany
$5.63B -$16.4M 107 4.02% Reduced
34
Swiss National Bank
Swiss National Bank
Switzerland
$5.35B +$155M 79 6.35% Increased
35
American Century Companies
American Century Companies
Missouri
$5.18B -$461M 46 5.36% Reduced
36
New York State Common Retirement Fund
New York State Common Retirement Fund
New York
$5.05B -$97M 97 6.66% Reduced
37
Neuberger Berman Group
Neuberger Berman Group
New York
$4.67B +$26.6M 47 5.99% Increased
38
Principal Financial Group
Principal Financial Group
Iowa
$4.66B +$308M 68 4.67% Increased
39
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
$4.65B +$74.9M 74 2.15% Increased
40
Allianz Asset Management
Allianz Asset Management
Germany
$4.61B +$19.4M 51 4.43% Increased
41
Loomis, Sayles & Company
Loomis, Sayles & Company
Massachusetts
$4.6B +$199M 38 10.83% Increased
42
First Eagle Investment Management
First Eagle Investment Management
New York
$4.58B -$175M 7 10.98% Reduced
43
UBS Group
UBS Group
Switzerland
$4.57B +$68.6M 111 2.36% Increased
44
Gates Foundation Trust
Gates Foundation Trust
Washington
$4.41B +$4.39B 1 19.1% New
45
Capital International Investors
Capital International Investors
California
$4.18B -$377M 10 5.58% Reduced
46
Sands Capital Management
Sands Capital Management
Virginia
$4.13B -$54.9M 12 12.42% Reduced
47
Dodge & Cox
Dodge & Cox
California
$4.13B -$481M 8 3.48% Reduced
48
Sumitomo Mitsui Trust Group
Sumitomo Mitsui Trust Group
Japan
$3.99B +$178M 34 5.85% Increased
49
Teachers Advisors
Teachers Advisors
New York
$3.9B -$20.8M 91 5.47% Reduced
50
Parametric Portfolio Associates
Parametric Portfolio Associates
Washington
$3.9B +$822M 90 4.66% Increased