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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
Mitsubishi UFJ Asset Management
Mitsubishi UFJ Asset Management
Japan
$13.1B +$713M 89 14% Increased
52
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
$13B +$2.63B 93 11.1% Increased
53
Envestnet Asset Management
Envestnet Asset Management
Illinois
$12.9B -$372M 128 4.17% Reduced
54
VOYA Investment Management
VOYA Investment Management
Georgia
$12.8B -$1.35B 147 13.22% Reduced
55
Gates Foundation Trust
Gates Foundation Trust
Washington
$12.6B -$2.54B 2 27.92% Reduced
56
Pictet Asset Management
Pictet Asset Management
Switzerland
$12.5B -$219M 114 13.7% Reduced
57
Baillie Gifford & Co
Baillie Gifford & Co
United Kingdom
$12.4B +$611M 29 9.29% Increased
58
Raymond James & Associates
Raymond James & Associates
Florida
$12.3B -$60.7M 115 7.52% Reduced
59
Nordea Investment Management
Nordea Investment Management
Sweden
$12.2B +$340M 64 13.85% Increased
60
National Pension Service
National Pension Service
South Korea
$12B +$1.36B 37 11.6% Increased
61
Primecap Management
Primecap Management
California
$11.9B -$170M 24 8.78% Reduced
62
Loomis, Sayles & Company
Loomis, Sayles & Company
Massachusetts
$11.7B -$209M 38 15.42% Reduced
63
Schroder Investment Management Group
Schroder Investment Management Group
United Kingdom
$11.6B +$553M 65 11.85% Increased
64
Fidelity International
Fidelity International
Bermuda
$11.2B +$208M 55 10.12% Increased
65
BNP Paribas Financial Markets
BNP Paribas Financial Markets
France
$10.5B +$1.44B 106 7.09% Increased
66
TD Asset Management
TD Asset Management
Ontario, Canada
$10.5B -$304M 82 9.28% Reduced
67
California State Teachers Retirement System (CalSTRS)
California State Teachers Retirement System (CalSTRS)
California
$10.5B -$44.8M 160 12.25% Reduced
68
Parnassus Investments
Parnassus Investments
California
$10.4B -$240M 22 22.07% Reduced
69
Polen Capital Management
Polen Capital Management
Florida
$10.3B -$750M 19 26.63% Reduced
70
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$10B -$151M 148 8.78% Reduced
71
Canada Pension Plan Investment Board
Canada Pension Plan Investment Board
Ontario, Canada
$9.94B -$68.6M 104 9.41% Reduced
72
Citigroup
Citigroup
New York
$9.88B -$463M 175 5.72% Reduced
73
First Trust Advisors
First Trust Advisors
Illinois
$9.81B -$529M 120 9.35% Reduced
74
Macquarie Group
Macquarie Group
Australia
$9.71B -$188M 85 10.48% Reduced
75
New York State Common Retirement Fund
New York State Common Retirement Fund
New York
$9.58B -$822M 163 12.96% Reduced