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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
51
State Farm Mutual Automobile Insurance
State Farm Mutual Automobile Insurance
Illinois
$3.8B +$251M 9 5.24% Increased
52
Credit Suisse
Credit Suisse
Switzerland
$3.74B -$382M 86 3.64% Reduced
53
Waddell & Reed Financial
Waddell & Reed Financial
Kansas
$3.66B +$318M 28 8.06% Increased
54
Eagle Capital Management (New York)
Eagle Capital Management (New York)
New York
$3.64B -$157M 3 14.24% Reduced
55
OppenheimerFunds
OppenheimerFunds
New York
$3.63B -$66.5M 59 4.48% Reduced
56
Artisan Partners
Artisan Partners
Wisconsin
$3.59B -$409M 24 6.74% Reduced
57
Brown Advisory
Brown Advisory
Maryland
$3.59B +$423M 46 10.97% Increased
58
Lone Pine Capital
Lone Pine Capital
Connecticut
$3.45B +$1.48B 6 17.55% Increased
59
California Public Employees Retirement System
California Public Employees Retirement System
California
$3.37B +$13.9M 84 5.39% Increased
60
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$3.36B -$73M 99 4.09% Reduced
61
Prudential Financial
Prudential Financial
New Jersey
$3.34B +$218M 67 4.97% Increased
62
Russell Investments Group
Russell Investments Group
United Kingdom
$3.3B +$156M 80 5.86% Increased
63
VOYA Investment Management
VOYA Investment Management
Georgia
$3.19B -$77.9M 82 7.15% Reduced
64
Caisse de Depot et Placement du Quebec (CDPQ)
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$3.19B +$123M 31 7.77% Increased
65
Fred Alger Management
Fred Alger Management
New York
$3.15B +$241M 36 15.05% Increased
66
Barrow, Hanley, Mewhinney & Strauss
Barrow, Hanley, Mewhinney & Strauss
Texas
$3.1B -$108M 8 4.71% Reduced
67
Winslow Capital Management
Winslow Capital Management
Minnesota
$3.09B -$252M 11 16.44% Reduced
68
Harris Associates
Harris Associates
Illinois
$3.07B +$254M 3 5.53% Increased
69
AQR Capital Management
AQR Capital Management
Connecticut
$3.06B +$187M 64 4.05% Increased
70
Citadel Advisors
Citadel Advisors
Florida
$3.05B +$262M 88 2.59% Increased
71
Mitsubishi UFJ Trust & Banking
Mitsubishi UFJ Trust & Banking
Japan
$3.04B +$21.6M 31 5.88% Increased
72
ACM
Atlanta Capital Management
Georgia
$3.03B +$14.9M 14 17.75% Increased
73
Bank of Montreal
Bank of Montreal
Ontario, Canada
$2.98B -$120M 89 2.86% Reduced
74
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
$2.94B +$725M 42 8.91% Increased
75
BAMCO Inc
BAMCO Inc
New York
$2.89B -$117M 20 14.76% Reduced