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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
ClearBridge Investments
ClearBridge Investments
New York
$7.85B -$371M 38 7.55% Reduced
27
AllianceBernstein
AllianceBernstein
Tennessee
$7.8B -$308M 90 5.85% Reduced
28
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
$7.57B +$481M 110 3.63% Increased
29
Legal & General Group
Legal & General Group
United Kingdom
$7.54B +$241M 96 5.67% Increased
30
UBS AM
UBS AM
Illinois
$6.86B +$195M 75 6.24% Increased
31
Charles Schwab
Charles Schwab
California
$6.2B +$189M 90 5.41% Increased
32
Deutsche Bank
Deutsche Bank
Germany
$6.03B +$149M 108 4.13% Increased
33
Swiss National Bank
Swiss National Bank
Switzerland
$5.65B +$53.6M 79 6.43% Increased
34
Berkshire Hathaway
Berkshire Hathaway
Nebraska
$5.5B -$2.49B 2 3.1% Reduced
35
Dodge & Cox
Dodge & Cox
California
$5.36B +$786M 9 4.31% Increased
36
New York State Common Retirement Fund
New York State Common Retirement Fund
New York
$5.33B +$70.1M 97 6.82% Increased
37
UBS Group
UBS Group
Switzerland
$5.15B +$346M 111 2.38% Increased
38
American Century Companies
American Century Companies
Missouri
$5.13B -$335M 48 5.19% Reduced
39
Loomis, Sayles & Company
Loomis, Sayles & Company
Massachusetts
$4.92B +$77.2M 38 10.73% Increased
40
Principal Financial Group
Principal Financial Group
Iowa
$4.87B -$8.35M 70 4.73% Reduced
41
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
$4.85B +$12M 78 2.12% Increased
42
Allianz Asset Management
Allianz Asset Management
Germany
$4.81B -$47.8M 55 4.16% Reduced
43
First Eagle Investment Management
First Eagle Investment Management
New York
$4.8B +$60.7M 8 10.73% Increased
44
Neuberger Berman Group
Neuberger Berman Group
New York
$4.67B -$89M 51 5.84% Reduced
45
Sands Capital Management
Sands Capital Management
Virginia
$4.54B +$48.6M 12 13.59% Increased
46
Lone Pine Capital
Lone Pine Capital
Connecticut
$4.47B +$782M 6 21.74% Increased
47
Parametric Portfolio Associates
Parametric Portfolio Associates
Washington
$4.3B +$231M 91 4.67% Increased
48
Teachers Advisors
Teachers Advisors
New York
$4.29B +$175M 92 5.8% Increased
49
Sumitomo Mitsui Trust Group
Sumitomo Mitsui Trust Group
Japan
$4.18B +$5.82M 34 5.89% Increased
50
Gates Foundation Trust
Gates Foundation Trust
Washington
$4.17B -$584M 1 16.2% Reduced