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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
Brown Advisory
Brown Advisory
Maryland
$10.4B +$403M 53 17.75% Increased
52
Artisan Partners
Artisan Partners
Wisconsin
$10.3B -$481M 33 12.96% Reduced
53
Neuberger Berman Group
Neuberger Berman Group
New York
$10.2B +$579M 95 9.79% Increased
54
New York State Common Retirement Fund
New York State Common Retirement Fund
New York
$9.59B -$412M 137 10.61% Reduced
55
Barclays
Barclays
United Kingdom
$9.25B +$1.89B 129 4.97% Increased
56
Bank of Montreal
Bank of Montreal
Ontario, Canada
$9.16B -$285M 152 5.96% Reduced
57
Pictet Asset Management (UK)
Pictet Asset Management (UK)
United Kingdom
$9.05B +$1.19B 90 10.87% Increased
58
Nordea Investment Management
Nordea Investment Management
Sweden
$8.62B -$16.7M 62 12.51% Reduced
59
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$8.57B +$18.7M 132 7.44% Increased
60
Swedbank
Swedbank
Sweden
$8.52B +$1.48B 59 17.69% Increased
61
Altimeter Capital Management
Altimeter Capital Management
Massachusetts
$8.44B +$5.84B 7 60.35% Increased
62
Iconiq Capital
Iconiq Capital
California
$8.06B +$6.44B 7 90.7% Increased
63
California State Teachers Retirement System (CalSTRS)
California State Teachers Retirement System (CalSTRS)
California
$7.82B -$11.1M 133 10.33% Reduced
64
Alkeon Capital Management
Alkeon Capital Management
New York
$7.63B +$124M 31 11.34% Increased
65
BAMCO Inc
BAMCO Inc
New York
$7.45B +$163M 44 18.37% Increased
66
Citigroup
Citigroup
New York
$7.4B +$338M 158 4.79% Increased
67
Lone Pine Capital
Lone Pine Capital
Connecticut
$7.35B -$424M 11 26.7% Reduced
68
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
$7.27B +$953M 103 9.72% Increased
69
Lazard Asset Management
Lazard Asset Management
New York
$7.17B +$251M 73 8.69% Increased
70
Fred Alger Management
Fred Alger Management
New York
$7.13B -$54.2M 60 18.66% Reduced
71
Edgewood Management
Edgewood Management
Connecticut
$6.93B +$132M 4 13.71% Increased
72
Magellan Asset Management
Magellan Asset Management
Australia
$6.91B +$511M 9 14.46% Increased
73
RhumbLine Advisers
RhumbLine Advisers
Massachusetts
$6.91B -$363M 131 9.38% Reduced
74
Sands Capital Management
Sands Capital Management
Virginia
$6.81B -$478M 12 13.16% Reduced
75
Kayne Anderson Rudnick Investment Management
Kayne Anderson Rudnick Investment Management
California
$6.66B +$64.3M 44 17.87% Increased