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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
AllianceBernstein
AllianceBernstein
Tennessee
$21.6B +$160M 130 11.63% Increased
27
Goldman Sachs
Goldman Sachs
New York
$20.4B -$620M 141 5.78% Reduced
28
Jennison Associates
Jennison Associates
New York
$20.3B -$839M 38 16.29% Reduced
29
Charles Schwab
Charles Schwab
California
$19.4B +$230M 133 8.9% Increased
30
Sumitomo Mitsui Trust Group
Sumitomo Mitsui Trust Group
Japan
$16.7B -$229M 64 11.27% Reduced
31
ClearBridge Investments
ClearBridge Investments
New York
$15B -$240M 57 12.85% Reduced
32
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
$14.9B +$159M 150 5.32% Increased
33
Swiss National Bank
Swiss National Bank
Switzerland
$14.3B -$16.4M 108 11.18% Reduced
34
Parametric Portfolio Associates
Parametric Portfolio Associates
Washington
$13.5B +$21.6M 124 9.68% Increased
35
Deutsche Bank
Deutsche Bank
Germany
$13.3B +$692M 145 9.18% Increased
36
Fisher Asset Management
Fisher Asset Management
Washington
$13.2B +$284M 36 11.56% Increased
37
Principal Financial Group
Principal Financial Group
Iowa
$13.1B +$85.9M 109 10.98% Increased
38
Baillie Gifford & Co
Baillie Gifford & Co
United Kingdom
$12.9B +$709M 25 8.92% Increased
39
Primecap Management
Primecap Management
California
$12.8B -$1.29B 24 10.56% Reduced
40
Loomis, Sayles & Company
Loomis, Sayles & Company
Massachusetts
$12.8B -$61.8M 45 18.56% Reduced
41
UBS Group
UBS Group
Switzerland
$12.7B -$344M 154 4.77% Reduced
42
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
$11.4B -$83.5M 121 4.84% Reduced
43
American Century Companies
American Century Companies
Missouri
$11.2B +$89.7M 77 9.94% Increased
44
California Public Employees Retirement System
California Public Employees Retirement System
California
$11B +$558M 135 9.82% Increased
45
Polen Capital Management
Polen Capital Management
Florida
$10.8B -$1.34B 15 28.97% Reduced
46
Artisan Partners
Artisan Partners
Wisconsin
$10.3B -$1.45B 32 14.57% Reduced
47
Allianz Asset Management
Allianz Asset Management
Germany
$10.2B -$84.5M 80 11.91% Reduced
48
Amundi Asset Management US
Amundi Asset Management US
Massachusetts
$10.1B +$352M 82 10.61% Increased
49
Credit Suisse
Credit Suisse
Switzerland
$9.92B -$1.41B 119 6.06% Reduced
50
Tiger Global Management
Tiger Global Management
New York
$9.83B +$1.42B 34 27.68% Increased