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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
$23.8B -$91.5M 131 11.23% Reduced
27
Charles Schwab
Charles Schwab
California
$21.3B +$241M 137 8.45% Increased
28
Jennison Associates
Jennison Associates
New York
$21.3B -$295M 41 15.17% Reduced
29
Goldman Sachs
Goldman Sachs
New York
$20.3B -$1.84B 149 5.24% Reduced
30
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
$18.9B +$2.8B 151 5.46% Increased
31
Sumitomo Mitsui Trust Group
Sumitomo Mitsui Trust Group
Japan
$17.1B -$970M 63 11.02% Reduced
32
ClearBridge Investments
ClearBridge Investments
New York
$16.3B +$262M 55 12.58% Increased
33
Swiss National Bank
Swiss National Bank
Switzerland
$15.1B -$293M 113 10.73% Reduced
34
Parametric Portfolio Associates
Parametric Portfolio Associates
Washington
$14.7B +$189M 134 9.16% Increased
35
Deutsche Bank
Deutsche Bank
Germany
$14.6B +$104M 146 8.89% Increased
36
Principal Financial Group
Principal Financial Group
Iowa
$14.4B +$101M 116 10.65% Increased
37
Fisher Asset Management
Fisher Asset Management
Washington
$13.9B +$675M 39 10.42% Increased
38
Baillie Gifford & Co
Baillie Gifford & Co
United Kingdom
$13.8B +$237M 48 7.68% Increased
39
UBS Group
UBS Group
Switzerland
$13.3B -$63.8M 160 4.51% Reduced
40
Loomis, Sayles & Company
Loomis, Sayles & Company
Massachusetts
$13.1B -$783M 55 17.35% Reduced
41
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
$12.9B +$260M 126 4.67% Increased
42
Primecap Management
Primecap Management
California
$12.7B -$873M 24 9.44% Reduced
43
California Public Employees Retirement System
California Public Employees Retirement System
California
$12.3B +$339M 142 9.49% Increased
44
Polen Capital Management
Polen Capital Management
Florida
$11.8B +$275M 15 27.51% Increased
45
American Century Companies
American Century Companies
Missouri
$11.8B -$180M 76 9.22% Reduced
46
Amundi Asset Management US
Amundi Asset Management US
Massachusetts
$11.6B +$594M 78 9.83% Increased
47
Artisan Partners
Artisan Partners
Wisconsin
$11.5B -$158M 34 14.04% Reduced
48
Credit Suisse
Credit Suisse
Switzerland
$11.4B +$532M 133 5.56% Increased
49
Allianz Asset Management
Allianz Asset Management
Germany
$11.3B +$64.8M 82 11.13% Increased
50
Tiger Global Management
Tiger Global Management
New York
$10.9B -$64.5M 36 27.86% Reduced