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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
Polen Capital Management
Polen Capital Management
Florida
$14B +$1B 20 23.54% Increased
52
DZ Bank
DZ Bank
Germany
$14B +$6.51B 44 9.95% Increased
53
Neuberger Berman Group
Neuberger Berman Group
New York
$13.6B +$582M 103 10.71% Increased
54
Credit Suisse
Credit Suisse
Switzerland
$13B -$724M 154 6.91% Reduced
55
First Trust Advisors
First Trust Advisors
Illinois
$13B +$1.12B 115 12.61% Increased
56
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
$12.8B -$980M 71 15.72% Reduced
57
Bank of Montreal
Bank of Montreal
Ontario, Canada
$12.8B -$1.98B 116 6.79% Reduced
58
Artisan Partners
Artisan Partners
Wisconsin
$12.7B +$29.1M 40 15.08% Increased
59
Macquarie Group
Macquarie Group
Australia
$11.8B -$108M 129 9.87% Reduced
60
TD Asset Management
TD Asset Management
Ontario, Canada
$11.8B +$3.38B 87 9.88% Increased
61
New York State Common Retirement Fund
New York State Common Retirement Fund
New York
$11.8B -$25.6M 166 11.81% Reduced
62
Pictet Asset Management (Switzerland)
Pictet Asset Management (Switzerland)
Switzerland
$11.7B +$359M 92 11.64% Increased
63
Swedbank
Swedbank
Sweden
$11.3B +$933M 62 18.81% Increased
64
VEPM
Vista Equity Partners Management
California
$10.9B +$3.37B 18 83.07% Increased
65
Allspring Global Investments
Allspring Global Investments
North Carolina
$10.1B +$10.3B 147 11.19% New
66
Nordea Investment Management
Nordea Investment Management
Sweden
$9.72B -$368M 70 11.64% Reduced
67
California State Teachers Retirement System (CalSTRS)
California State Teachers Retirement System (CalSTRS)
California
$9.57B +$33.7M 162 11.19% Increased
68
Lazard Asset Management
Lazard Asset Management
New York
$9.03B -$240M 109 9.61% Reduced
69
Fundsmith LLP
Fundsmith LLP
United Kingdom
$8.98B -$210M 6 21.92% Reduced
70
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$8.97B -$940M 138 5.49% Reduced
71
Putnam Investments
Putnam Investments
Massachusetts
$8.78B -$5.93M 61 12.53% Reduced
72
Edgewood Management
Edgewood Management
Connecticut
$8.73B -$659M 4 14.34% Reduced
73
RhumbLine Advisers
RhumbLine Advisers
Massachusetts
$8.65B +$168M 150 10.6% Increased
74
Alkeon Capital Management
Alkeon Capital Management
New York
$8.54B -$1.15B 33 15.82% Reduced
75
Citigroup
Citigroup
New York
$8.53B +$1.17B 192 4.57% Increased