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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
RhumbLine Advisers
RhumbLine Advisers
Massachusetts
$13B +$63.9M 173 12.25% Increased
52
Envestnet Asset Management
Envestnet Asset Management
Illinois
$12.9B +$182M 127 4.48% Increased
53
Pictet Asset Management
Pictet Asset Management
Switzerland
$12.8B +$662M 110 14.64% Increased
54
DZ Bank
DZ Bank
Germany
$12.6B +$483M 41 12.96% Increased
55
Primecap Management
Primecap Management
California
$12.1B -$53.4M 23 8.74% Reduced
56
Mitsubishi UFJ Asset Management
Mitsubishi UFJ Asset Management
Japan
$12.1B +$1.01B 85 14.69% Increased
57
Nordea Investment Management
Nordea Investment Management
Sweden
$12B +$425M 64 14.08% Increased
58
Raymond James & Associates
Raymond James & Associates
Florida
$12B +$65.9M 117 7.85% Increased
59
Baillie Gifford & Co
Baillie Gifford & Co
United Kingdom
$11.9B -$375M 32 9.28% Reduced
60
Loomis, Sayles & Company
Loomis, Sayles & Company
Massachusetts
$11.1B +$53.7M 41 15.24% Increased
61
Schroder Investment Management Group
Schroder Investment Management Group
United Kingdom
$11B +$492M 62 12.18% Increased
62
Fidelity International
Fidelity International
Bermuda
$10.8B +$1.52B 52 10.72% Increased
63
Polen Capital Management
Polen Capital Management
Florida
$10.7B -$1.61B 17 26.8% Reduced
64
TD Asset Management
TD Asset Management
Ontario, Canada
$10.7B -$342M 84 9.93% Reduced
65
California State Teachers Retirement System (CalSTRS)
California State Teachers Retirement System (CalSTRS)
California
$10.4B +$16.5M 160 12.71% Increased
66
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
$10.4B -$658M 67 9.12% Reduced
67
Lazard Asset Management
Lazard Asset Management
New York
$10.3B -$62.1M 125 12.94% Reduced
68
New York State Common Retirement Fund
New York State Common Retirement Fund
New York
$10.3B -$362M 166 13.45% Reduced
69
Parnassus Investments
Parnassus Investments
California
$10.2B +$260M 22 22.25% Increased
70
Citigroup
Citigroup
New York
$10.2B +$1.15B 173 6.51% Increased
71
Canada Pension Plan Investment Board
Canada Pension Plan Investment Board
Ontario, Canada
$10B +$1.8B 109 9.85% Increased
72
First Trust Advisors
First Trust Advisors
Illinois
$9.89B +$62.7M 110 10.09% Increased
73
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$9.82B -$19.3M 148 9.17% Reduced
74
Edgewood Management
Edgewood Management
Connecticut
$9.62B +$211M 5 26.09% Increased
75
Macquarie Group
Macquarie Group
Australia
$9.58B -$316M 91 10.99% Reduced