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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
Parnassus Investments
Parnassus Investments
California
$7.3B +$488M 22 14.8% Increased
77
Ninety One (UK)
Ninety One (UK)
United Kingdom
$7.21B +$443M 17 18.36% Increased
78
Fundsmith LLP
Fundsmith LLP
United Kingdom
$7.07B -$676M 7 24.26% Reduced
79
Citigroup
Citigroup
New York
$6.85B -$716M 205 4.17% Reduced
80
HSBC Holdings
HSBC Holdings
United Kingdom
$6.85B -$658M 115 8.32% Reduced
81
Sands Capital Management
Sands Capital Management
Virginia
$6.77B +$593M 13 15.56% Increased
82
BAMCO Inc
BAMCO Inc
New York
$6.67B -$242M 54 16.38% Reduced
83
Prudential Financial
Prudential Financial
New Jersey
$6.57B -$100M 108 8.73% Reduced
84
Flossbach Von Storch
Flossbach Von Storch
Germany
$6.52B +$1.28B 14 18.22% Increased
85
Dodge & Cox
Dodge & Cox
California
$6.44B +$232M 8 3.91% Increased
86
Schroder Investment Management Group
Schroder Investment Management Group
United Kingdom
$6.38B +$261M 67 8.43% Increased
87
DZ Bank
DZ Bank
Germany
$6.22B -$6.2B 48 8.92% Reduced
88
Select Equity Group
Select Equity Group
New York
$6.18B +$350M 28 20.02% Increased
89
Kayne Anderson Rudnick Investment Management
Kayne Anderson Rudnick Investment Management
California
$6.18B -$236M 46 16.42% Reduced
90
Envestnet Asset Management
Envestnet Asset Management
Illinois
$6.07B +$363M 134 3.05% Increased
91
State Farm Mutual Automobile Insurance
State Farm Mutual Automobile Insurance
Illinois
$6.05B +$9.62M 6 6.08% Increased
92
Advent International
Advent International
Massachusetts
$5.99B +$30.3M 10 36.66% Increased
93
VOYA Investment Management
VOYA Investment Management
Georgia
$5.94B -$58.8M 128 12.32% Reduced
94
ProShare Advisors
ProShare Advisors
Maryland
$5.86B -$240M 105 12.6% Reduced
95
Mackenzie Financial
Mackenzie Financial
Ontario, Canada
$5.84B +$263M 73 7.83% Increased
96
Thoma Bravo
Thoma Bravo
Illinois
$5.83B $0 4 70.41% Maintained
97
National Pension Service
National Pension Service
South Korea
$5.8B +$123M 44 10.59% Increased
98
Fred Alger Management
Fred Alger Management
New York
$5.75B -$543M 58 18.37% Reduced
99
Alkeon Capital Management
Alkeon Capital Management
New York
$5.73B -$1.23B 28 11.49% Reduced
100
State Board of Administration of Florida Retirement System
State Board of Administration of Florida Retirement System
Florida
$5.66B -$85.3M 132 10.96% Reduced