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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
Credit Suisse
Credit Suisse
Switzerland
$3.87B -$6.98M 93 3.77% Reduced
52
Capital International Investors
Capital International Investors
California
$3.87B -$557M 10 4.64% Reduced
53
Waddell & Reed Financial
Waddell & Reed Financial
Kansas
$3.79B -$137M 25 8.42% Reduced
54
State Farm Mutual Automobile Insurance
State Farm Mutual Automobile Insurance
Illinois
$3.78B +$40.8M 9 5.06% Increased
55
OppenheimerFunds
OppenheimerFunds
New York
$3.77B -$21.7M 62 4.64% Reduced
56
California Public Employees Retirement System
California Public Employees Retirement System
California
$3.75B +$230M 88 5.57% Increased
57
VOYA Investment Management
VOYA Investment Management
Georgia
$3.67B +$249M 82 7.89% Increased
58
Renaissance Technologies
Renaissance Technologies
New York
$3.56B +$496M 91 4.18% Increased
59
Artisan Partners
Artisan Partners
Wisconsin
$3.54B -$147M 28 6.55% Reduced
60
Eagle Capital Management (New York)
Eagle Capital Management (New York)
New York
$3.51B -$195M 3 13.58% Reduced
61
AQR Capital Management
AQR Capital Management
Connecticut
$3.47B +$269M 69 4.14% Increased
62
Prudential Financial
Prudential Financial
New Jersey
$3.46B -$25.6M 68 4.97% Reduced
63
Russell Investments Group
Russell Investments Group
United Kingdom
$3.43B -$10.8M 81 5.86% Reduced
64
Brown Advisory
Brown Advisory
Maryland
$3.42B -$385M 46 11.36% Reduced
65
Winslow Capital Management
Winslow Capital Management
Minnesota
$3.35B +$16.4M 11 18.03% Increased
66
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$3.26B -$240M 101 3.89% Reduced
67
Fred Alger Management
Fred Alger Management
New York
$3.25B -$108M 39 15.2% Reduced
68
Mitsubishi UFJ Trust & Banking
Mitsubishi UFJ Trust & Banking
Japan
$3.21B +$21.3M 32 5.93% Increased
69
ACM
Atlanta Capital Management
Georgia
$3.18B +$87.3M 15 17.98% Increased
70
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
$3.17B +$69.7M 43 8.49% Increased
71
Caisse de Depot et Placement du Quebec (CDPQ)
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$3.12B -$88.9M 31 7.19% Reduced
72
Bank of Montreal
Bank of Montreal
Ontario, Canada
$3.11B -$1.29M 91 2.85% Reduced
73
BAMCO Inc
BAMCO Inc
New York
$3.08B +$66.7M 19 14.6% Increased
74
Barrow, Hanley, Mewhinney & Strauss
Barrow, Hanley, Mewhinney & Strauss
Texas
$3.01B -$118M 9 4.53% Reduced
75
Polen Capital Management
Polen Capital Management
Florida
$2.96B +$706M 5 23.79% Increased