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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
BAMCO Inc
BAMCO Inc
New York
$5.58B -$154M 52 18.73% Reduced
77
Ninety One (UK)
Ninety One (UK)
United Kingdom
$5.57B -$522M 14 17.86% Reduced
78
Schroder Investment Management Group
Schroder Investment Management Group
United Kingdom
$5.42B -$175M 62 8.61% Reduced
79
Envestnet Asset Management
Envestnet Asset Management
Illinois
$5.39B +$239M 124 2.79% Increased
80
TCI Fund Management
TCI Fund Management
United Kingdom
$5.34B +$574M 1 17.84% Increased
81
Edgewood Management
Edgewood Management
Connecticut
$5.33B -$976M 4 18.93% Reduced
82
D.E. Shaw & Co
D.E. Shaw & Co
New York
$5.2B +$912M 148 5.75% Increased
83
Prudential Financial
Prudential Financial
New Jersey
$5.2B -$148M 112 8.75% Reduced
84
Kayne Anderson Rudnick Investment Management
Kayne Anderson Rudnick Investment Management
California
$5.2B -$151M 50 16.2% Reduced
85
National Pension Service
National Pension Service
South Korea
$5.15B +$80.5M 40 10.12% Increased
86
Flossbach Von Storch
Flossbach Von Storch
Germany
$5.03B -$328M 15 19.21% Reduced
87
State Farm Mutual Automobile Insurance
State Farm Mutual Automobile Insurance
Illinois
$5B $0 6 5.23% Maintained
88
Allspring Global Investments
Allspring Global Investments
North Carolina
$4.94B -$79.5M 144 8.42% Reduced
89
Millennium Management
Millennium Management
New York
$4.86B +$76.1M 185 2.69% Increased
90
Aristotle Capital Management
Aristotle Capital Management
California
$4.82B -$234M 4 10.23% Reduced
91
Mitsubishi UFJ Asset Management
Mitsubishi UFJ Asset Management
Japan
$4.82B +$437M 70 13.14% Increased
92
Harris Associates
Harris Associates
Illinois
$4.8B +$1.57B 9 9.78% Increased
93
Thoma Bravo
Thoma Bravo
Illinois
$4.77B $0 4 62.5% Maintained
94
Stifel Financial
Stifel Financial
Missouri
$4.47B -$3.07M 107 6.72% Reduced
95
Mackenzie Financial
Mackenzie Financial
Ontario, Canada
$4.46B -$224M 79 7.44% Reduced
96
Sands Capital Management
Sands Capital Management
Virginia
$4.4B -$58.4M 13 16.61% Reduced
97
Fundsmith LLP
Fundsmith LLP
United Kingdom
$4.34B -$788M 5 19.83% Reduced
98
VEPM
Vista Equity Partners Management
California
$4.28B -$83.9M 18 65.52% Reduced
99
State Board of Administration of Florida Retirement System
State Board of Administration of Florida Retirement System
Florida
$4.24B -$90.7M 131 10.39% Reduced
100
Select Equity Group
Select Equity Group
New York
$4.19B -$199M 31 15.75% Reduced