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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
Jennison Associates
Jennison Associates
New York
$12.7B -$549M 25 11.7% Reduced
27
Deutsche Bank
Deutsche Bank
Germany
$11.5B -$105M 122 5.8% Reduced
28
UBS AM
UBS AM
Illinois
$10.8B -$43.9M 81 8.01% Reduced
29
ClearBridge Investments
ClearBridge Investments
New York
$10.5B +$131M 45 9.02% Increased
30
AllianceBernstein
AllianceBernstein
Tennessee
$10.5B +$444M 97 6.83% Increased
31
UBS Group
UBS Group
Switzerland
$9.96B +$878M 126 3.95% Increased
32
Charles Schwab
Charles Schwab
California
$9.72B +$407M 104 6.48% Increased
33
Legal & General Group
Legal & General Group
United Kingdom
$9.63B +$206M 107 6.89% Increased
34
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
$8.94B -$500M 123 3.72% Reduced
35
Sumitomo Mitsui Trust Group
Sumitomo Mitsui Trust Group
Japan
$7.37B +$281M 35 7.93% Increased
36
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
$7.35B +$281M 95 2.8% Increased
37
Allianz Asset Management
Allianz Asset Management
Germany
$7.19B +$112M 74 6.51% Increased
38
AQR Capital Management
AQR Capital Management
Connecticut
$7.12B +$684M 86 6.82% Increased
39
Principal Financial Group
Principal Financial Group
Iowa
$7.09B +$286M 86 6.25% Increased
40
Swiss National Bank
Swiss National Bank
Switzerland
$7B -$229M 80 7.8% Reduced
41
Loomis, Sayles & Company
Loomis, Sayles & Company
Massachusetts
$6.94B +$5.77M 40 13.59% Increased
42
New York State Common Retirement Fund
New York State Common Retirement Fund
New York
$6.86B -$87.1M 104 8.13% Reduced
43
Parametric Portfolio Associates
Parametric Portfolio Associates
Washington
$6.68B +$103M 104 5.84% Increased
44
American Century Companies
American Century Companies
Missouri
$6.58B -$60M 54 6.41% Reduced
45
Sands Capital Management
Sands Capital Management
Virginia
$6.49B -$463M 13 18.36% Reduced
46
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
$6.44B +$2.76M 59 14.54% Increased
47
Amundi Asset Management US
Amundi Asset Management US
Massachusetts
$6.39B +$284M 58 8.37% Increased
48
OppenheimerFunds
OppenheimerFunds
New York
$6.06B -$65.2M 60 7.04% Reduced
49
Teachers Advisors
Teachers Advisors
New York
$6.02B -$114M 100 7.26% Reduced
50
Credit Suisse
Credit Suisse
Switzerland
$5.59B +$990M 93 5.01% Increased