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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
$19.4B -$1.07B 35 17.5% Reduced
27
Goldman Sachs
Goldman Sachs
New York
$19.3B -$2.35B 136 5.84% Reduced
28
UBS AM
UBS AM
Illinois
$18.4B -$864M 106 11.24% Reduced
29
Charles Schwab
Charles Schwab
California
$17.9B +$215M 130 8.77% Increased
30
Sumitomo Mitsui Trust Group
Sumitomo Mitsui Trust Group
Japan
$15.8B +$398M 59 11.13% Increased
31
ClearBridge Investments
ClearBridge Investments
New York
$14.3B -$469M 52 12.9% Reduced
32
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
$13.7B +$759M 142 5.44% Increased
33
Swiss National Bank
Swiss National Bank
Switzerland
$13.3B +$495M 107 11.24% Increased
34
Primecap Management
Primecap Management
California
$13.2B -$1.07B 22 11.36% Reduced
35
Parametric Portfolio Associates
Parametric Portfolio Associates
Washington
$12.6B +$212M 125 9.68% Increased
36
Nordea Investment Management
Nordea Investment Management
Sweden
$12.6B +$6.08B 56 13.03% Increased
37
UBS Group
UBS Group
Switzerland
$12.1B -$1.1B 148 5.09% Reduced
38
Principal Financial Group
Principal Financial Group
Iowa
$12.1B +$1B 102 10.62% Increased
39
Loomis, Sayles & Company
Loomis, Sayles & Company
Massachusetts
$11.8B +$996M 41 19.01% Increased
40
Deutsche Bank
Deutsche Bank
Germany
$11.8B +$244M 137 8.95% Increased
41
Fisher Asset Management
Fisher Asset Management
Washington
$11.5B +$372M 36 11.22% Increased
42
Polen Capital Management
Polen Capital Management
Florida
$11.1B +$1.26B 15 33.69% Increased
43
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
$10.9B +$29M 115 4.8% Increased
44
Credit Suisse
Credit Suisse
Switzerland
$10.7B +$1.17B 118 7.63% Increased
45
Artisan Partners
Artisan Partners
Wisconsin
$10.2B -$158M 31 16.39% Reduced
46
American Century Companies
American Century Companies
Missouri
$10.1B +$315M 69 9.54% Increased
47
Baillie Gifford & Co
Baillie Gifford & Co
United Kingdom
$9.96B +$157M 23 7.59% Increased
48
California Public Employees Retirement System
California Public Employees Retirement System
California
$9.72B +$385M 129 9.59% Increased
49
Allianz Asset Management
Allianz Asset Management
Germany
$9.53B -$449M 79 11.01% Reduced
50
New York State Common Retirement Fund
New York State Common Retirement Fund
New York
$9.5B -$206M 130 12.11% Reduced