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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
76
Fundsmith LLP
Fundsmith LLP
United Kingdom
$4.49B +$31.9M 6 21.23% Increased
77
Waddell & Reed Financial
Waddell & Reed Financial
Kansas
$4.45B -$428M 24 11.06% Reduced
78
Swedbank
Swedbank
Sweden
$4.41B +$359M 14 17.89% Increased
79
Parnassus Investments
Parnassus Investments
California
$4.27B -$58.7M 13 14.38% Reduced
80
TD Asset Management
TD Asset Management
Ontario, Canada
$4.26B -$22.3M 58 6.19% Reduced
81
Schroder Investment Management Group
Schroder Investment Management Group
United Kingdom
$4.2B -$99.9M 42 6.84% Reduced
82
Lone Pine Capital
Lone Pine Capital
Connecticut
$4.17B -$505M 8 22.08% Reduced
83
Tiger Global Management
Tiger Global Management
New York
$4.14B -$782M 26 22.86% Reduced
84
Russell Investments Group
Russell Investments Group
United Kingdom
$4B +$26.5M 109 7.45% Increased
85
Citadel Advisors
Citadel Advisors
Florida
$3.96B +$64.8M 123 1.72% Increased
86
Renaissance Technologies
Renaissance Technologies
New York
$3.9B -$204M 90 3% Reduced
87
Macquarie Group
Macquarie Group
Australia
$3.87B +$453M 74 5.53% Increased
88
Raymond James & Associates
Raymond James & Associates
Florida
$3.87B +$62M 100 4.91% Increased
89
Aristotle Capital Management
Aristotle Capital Management
California
$3.79B +$1.18B 4 12.47% Increased
90
Edgewood Management
Edgewood Management
Connecticut
$3.77B +$197M 3 11.26% Increased
91
Coatue Management
Coatue Management
New York
$3.76B +$458M 30 29.88% Increased
92
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
$3.75B -$688M 60 8.72% Reduced
93
Eagle Capital Management (New York)
Eagle Capital Management (New York)
New York
$3.74B -$74.6M 3 11.92% Reduced
94
Citigroup
Citigroup
New York
$3.71B +$334M 133 2.69% Increased
95
State Farm Mutual Automobile Insurance
State Farm Mutual Automobile Insurance
Illinois
$3.63B -$341M 5 4.57% Reduced
96
New York State Teachers Retirement System (NYSTRS)
New York State Teachers Retirement System (NYSTRS)
New York
$3.62B +$66.6M 50 8.41% Increased
97
State Board of Administration of Florida Retirement System
State Board of Administration of Florida Retirement System
Florida
$3.59B -$34M 101 8.77% Reduced
98
Ninety One (UK)
Ninety One (UK)
United Kingdom
$3.57B +$370M 14 11.84% Increased
99
Eaton Vance Management
Eaton Vance Management
Massachusetts
$3.53B +$27.5M 65 6.91% Increased
100
Aberdeen Group
Aberdeen Group
United Kingdom
$3.51B -$152M 55 8.49% Reduced