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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
Swedbank
Swedbank
Sweden
$11.3B -$466M 55 19.53% Reduced
52
Credit Suisse
Credit Suisse
Switzerland
$11B -$87.9M 162 11.16% Reduced
53
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
$10.9B -$55.2M 69 13.22% Reduced
54
Pictet Asset Management
Pictet Asset Management
Switzerland
$10.9B +$11B 107 13.48% New
55
Polen Capital Management
Polen Capital Management
Florida
$10.5B -$869M 20 27.72% Reduced
56
HSBC Holdings
HSBC Holdings
United Kingdom
$10.3B +$901K 112 10.73% Increased
57
RhumbLine Advisers
RhumbLine Advisers
Massachusetts
$9.69B +$22M 179 11.25% Increased
58
Nordea Investment Management
Nordea Investment Management
Sweden
$9.64B -$605M 68 13.38% Reduced
59
Envestnet Asset Management
Envestnet Asset Management
Illinois
$9.28B +$1.91B 127 4.24% Increased
60
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$9.15B +$265M 153 5.32% Increased
61
Silver Lake Group
Silver Lake Group
California
$9.05B $0 5 61.64% Maintained
62
Artisan Partners
Artisan Partners
Wisconsin
$9.02B -$21.5M 34 15.31% Reduced
63
Loomis, Sayles & Company
Loomis, Sayles & Company
Massachusetts
$8.95B -$248M 56 15.38% Reduced
64
New York State Common Retirement Fund
New York State Common Retirement Fund
New York
$8.89B -$635M 168 12.77% Reduced
65
First Trust Advisors
First Trust Advisors
Illinois
$8.68B +$360M 122 10.29% Increased
66
Parnassus Investments
Parnassus Investments
California
$8.55B -$121M 22 20.91% Reduced
67
Macquarie Group
Macquarie Group
Australia
$8.53B -$478M 96 10.72% Reduced
68
TD Asset Management
TD Asset Management
Ontario, Canada
$8.49B -$309M 84 10.29% Reduced
69
Raymond James & Associates
Raymond James & Associates
Florida
$8.48B +$158M 114 7.13% Increased
70
Putnam Investments
Putnam Investments
Massachusetts
$8.42B +$427M 66 12.8% Increased
71
Fidelity International
Fidelity International
Bermuda
$8.03B +$518M 45 9.46% Increased
72
DZ Bank
DZ Bank
Germany
$7.95B +$1.71B 38 11.29% Increased
73
Schroder Investment Management Group
Schroder Investment Management Group
United Kingdom
$7.71B -$216M 60 11.48% Reduced
74
Lazard Asset Management
Lazard Asset Management
New York
$7.71B -$11.7M 123 10.49% Reduced
75
California State Teachers Retirement System (CalSTRS)
California State Teachers Retirement System (CalSTRS)
California
$7.64B -$374M 164 11.74% Reduced