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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
Franklin Resources
Franklin Resources
California
$11.6B -$650M 62 7.01% Reduced
27
AllianceBernstein
AllianceBernstein
Tennessee
$9.88B +$861M 100 7.34% Increased
28
ClearBridge Investments
ClearBridge Investments
New York
$9.38B +$123M 47 9.49% Increased
29
Legal & General Group
Legal & General Group
United Kingdom
$8.94B +$561M 112 6.93% Increased
30
UBS AM
UBS AM
Illinois
$8.92B -$500M 90 7.69% Reduced
31
Charles Schwab
Charles Schwab
California
$8.66B +$281M 109 6.63% Increased
32
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
$7.82B -$11.8M 116 3.76% Reduced
33
UBS Group
UBS Group
Switzerland
$7.57B -$1.28B 134 3.43% Reduced
34
Sumitomo Mitsui Trust Group
Sumitomo Mitsui Trust Group
Japan
$7.53B +$1.19B 40 8.1% Increased
35
Deutsche Bank
Deutsche Bank
Germany
$6.69B -$3.35B 125 4.75% Reduced
36
Allianz Asset Management
Allianz Asset Management
Germany
$6.65B +$352M 80 7.27% Increased
37
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
$6.6B +$308M 98 2.99% Increased
38
Swiss National Bank
Swiss National Bank
Switzerland
$6.21B +$141M 83 7.97% Increased
39
Parametric Portfolio Associates
Parametric Portfolio Associates
Washington
$6.07B +$266M 106 6.02% Increased
40
American Century Companies
American Century Companies
Missouri
$5.96B +$145M 54 6.81% Increased
41
Principal Financial Group
Principal Financial Group
Iowa
$5.94B -$123M 79 6.33% Reduced
42
Sands Capital Management
Sands Capital Management
Virginia
$5.85B -$11.1M 13 20.87% Reduced
43
New York State Common Retirement Fund
New York State Common Retirement Fund
New York
$5.79B -$164M 107 8.39% Reduced
44
AQR Capital Management
AQR Capital Management
Connecticut
$5.74B -$381M 86 6.66% Reduced
45
Loomis, Sayles & Company
Loomis, Sayles & Company
Massachusetts
$5.72B -$301M 39 13.51% Reduced
46
Amundi Asset Management US
Amundi Asset Management US
Massachusetts
$5.64B -$35.9M 58 5.19% Reduced
47
Teachers Advisors
Teachers Advisors
New York
$5.38B +$136M 105 7.57% Increased
48
OppenheimerFunds
OppenheimerFunds
New York
$4.92B -$441M 61 7.03% Reduced
49
Neuberger Berman Group
Neuberger Berman Group
New York
$4.75B +$131M 64 6.62% Increased
50
California Public Employees Retirement System
California Public Employees Retirement System
California
$4.56B +$190M 103 6.39% Increased