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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
Schroder Investment Management Group
Schroder Investment Management Group
United Kingdom
$16.6B +$1.79B 61 14.05% Increased
52
Nordea Investment Management
Nordea Investment Management
Sweden
$16.3B +$468M 64 15.08% Increased
53
Victory Capital Management
Victory Capital Management
Texas
$16.2B +$7.69B 121 10.42% Increased
54
Envestnet Asset Management
Envestnet Asset Management
Illinois
$15.7B +$367M 126 4.59% Increased
55
Pictet Asset Management
Pictet Asset Management
Switzerland
$15.5B +$4.24M 111 15.72% Increased
56
RhumbLine Advisers
RhumbLine Advisers
Massachusetts
$15.4B -$89M 161 13.16% Reduced
57
Brown Advisory
Brown Advisory
Maryland
$15.2B -$354M 54 19.95% Reduced
58
National Pension Service
National Pension Service
South Korea
$14.9B -$61.9M 38 12.91% Reduced
59
Citigroup
Citigroup
New York
$14.9B -$312M 167 7.33% Reduced
60
Neuberger Berman Group
Neuberger Berman Group
New York
$14.9B +$19M 88 11.47% Increased
61
Canada Pension Plan Investment Board
Canada Pension Plan Investment Board
Ontario, Canada
$14.5B +$705M 102 12.41% Increased
62
BNP Paribas Financial Markets
BNP Paribas Financial Markets
France
$14.1B -$1.26B 168 8.09% Reduced
63
VOYA Investment Management
VOYA Investment Management
Georgia
$13.9B +$40.2M 133 13.83% Increased
64
Fidelity International
Fidelity International
Bermuda
$13.2B +$1.07B 61 11.28% Increased
65
Gates Foundation Trust
Gates Foundation Trust
Washington
$13.2B -$984M 2 27.56% Reduced
66
AQR Capital Management
AQR Capital Management
Connecticut
$12.6B +$2.08B 143 10.41% Increased
67
Loomis, Sayles & Company
Loomis, Sayles & Company
Massachusetts
$12.6B -$58.3M 49 15.73% Reduced
68
California State Teachers Retirement System (CalSTRS)
California State Teachers Retirement System (CalSTRS)
California
$12.3B +$114M 146 13.67% Increased
69
DZ Bank
DZ Bank
Germany
$12.2B +$524M 41 12.21% Increased
70
First Trust Advisors
First Trust Advisors
Illinois
$12.1B -$730M 119 9.7% Reduced
71
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$12B -$357M 137 10.78% Reduced
72
TD Asset Management
TD Asset Management
Ontario, Canada
$12B -$190M 72 10.26% Reduced
73
Baillie Gifford & Co
Baillie Gifford & Co
United Kingdom
$11.8B -$1.89B 30 8.83% Reduced
74
Primecap Management
Primecap Management
California
$11.5B -$465M 25 9.09% Reduced
75
New York State Common Retirement Fund
New York State Common Retirement Fund
New York
$10.9B -$58.1M 155 14.45% Reduced