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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
101
PNC Financial Services Group
PNC Financial Services Group
Pennsylvania
$2.34B +$6.22M 86 2.27% Increased
102
APG Asset Management
APG Asset Management
Netherlands
$2.34B -$366M 35 4.28% Reduced
103
Nordea Investment Management
Nordea Investment Management
Sweden
$2.28B +$25.1M 36 5.39% Increased
104
Swedbank
Swedbank
Sweden
$2.21B +$72.5M 7 11.98% Increased
105
Adage Capital Partners
Adage Capital Partners
Massachusetts
$2.15B +$2.28M 20 4.86% Increased
106
Macquarie Group
Macquarie Group
Australia
$2.14B -$95.7M 65 3.78% Reduced
107
Millennium Management
Millennium Management
New York
$2.12B -$251M 92 2.92% Reduced
108
State of Wisconsin Investment Board
State of Wisconsin Investment Board
Wisconsin
$2.08B +$23.3M 52 5.71% Increased
109
Viking Global Investors
Viking Global Investors
Connecticut
$2.05B +$40.5M 4 12.63% Increased
110
Fundsmith LLP
Fundsmith LLP
United Kingdom
$2.03B +$85.1M 3 17.41% Increased
111
Raymond James & Associates
Raymond James & Associates
Florida
$2B +$55.7M 70 3.68% Increased
112
Lazard Asset Management
Lazard Asset Management
New York
$2B +$115M 34 3.42% Increased
113
Prudential plc
Prudential plc
United Kingdom
$2B +$13.9M 24 6.09% Increased
114
USAA
United Services Automobile Association
Texas
$1.99B +$71.5M 53 5.45% Increased
115
Eaton Vance Management
Eaton Vance Management
Massachusetts
$1.97B -$56.3M 43 4.77% Reduced
116
Federated Hermes
Federated Hermes
Pennsylvania
$1.95B -$7.59M 76 5.5% Reduced
117
1832 Asset Management
1832 Asset Management
Ontario, Canada
$1.95B +$75M 29 6.33% Increased
118
Canada Life
Canada Life
Manitoba, Canada
$1.95B -$47.3M 84 4.58% Reduced
119
JSP
Jackson Square Partners
California
$1.94B -$152M 6 9.85% Reduced
120
Guggenheim Capital
Guggenheim Capital
Illinois
$1.85B +$157M 63 4.39% Increased
121
William Blair Investment Management
William Blair Investment Management
Illinois
$1.84B -$325M 21 7.15% Reduced
122
Ninety One (UK)
Ninety One (UK)
United Kingdom
$1.83B +$29.6M 11 7.51% Increased
123
AIG
American International Group
New York
$1.82B +$517M 91 5.99% Increased
124
Independent Franchise Partners
Independent Franchise Partners
United Kingdom
$1.81B +$28.9M 2 15.39% Increased
125
Citigroup
Citigroup
New York
$1.75B +$303M 104 1.4% Increased