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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
State Board of Administration of Florida Retirement System
State Board of Administration of Florida Retirement System
Florida
$2.98B -$17.4M 90 7.56% Reduced
102
PNC Financial Services Group
PNC Financial Services Group
Pennsylvania
$2.95B +$65.5M 94 2.8% Increased
103
THLTP
Thomas H. Lee (THL) Partners
Massachusetts
$2.92B $0 1 64.61% Maintained
104
Raymond James & Associates
Raymond James & Associates
Florida
$2.9B +$114M 84 4.48% Increased
105
BNP Paribas Financial Markets
BNP Paribas Financial Markets
France
$2.89B +$656M 108 4.27% Increased
106
Lazard Asset Management
Lazard Asset Management
New York
$2.86B +$215M 39 4.63% Increased
107
Boston Partners
Boston Partners
Massachusetts
$2.77B -$112M 13 3.22% Reduced
108
Gates Foundation Trust
Gates Foundation Trust
Washington
$2.74B -$867M 1 10.63% Reduced
109
Eaton Vance Management
Eaton Vance Management
Massachusetts
$2.71B -$94.4M 51 6.01% Reduced
110
Ninety One (UK)
Ninety One (UK)
United Kingdom
$2.69B +$464M 11 10.05% Increased
111
CIBC Private Wealth Group
CIBC Private Wealth Group
Georgia
$2.61B +$235M 38 9.88% Increased
112
Adage Capital Partners
Adage Capital Partners
Massachusetts
$2.59B +$46.1M 28 5.78% Increased
113
APG Asset Management
APG Asset Management
Netherlands
$2.58B +$61.5M 37 4.53% Increased
114
Canada Pension Plan Investment Board
Canada Pension Plan Investment Board
Ontario, Canada
$2.53B -$464M 53 4.68% Reduced
115
Macquarie Group
Macquarie Group
Australia
$2.51B -$263M 67 4.09% Reduced
116
State of Wisconsin Investment Board
State of Wisconsin Investment Board
Wisconsin
$2.49B -$47.2M 59 6.89% Reduced
117
Axa
Axa
France
$2.44B -$53.5M 55 8.95% Reduced
118
Citigroup
Citigroup
New York
$2.44B +$595M 116 2.18% Increased
119
USAA
United Services Automobile Association
Texas
$2.41B -$69.8M 73 6.04% Reduced
120
Mackenzie Financial
Mackenzie Financial
Ontario, Canada
$2.38B -$561M 42 5.78% Reduced
121
Lord, Abbett & Co
Lord, Abbett & Co
New Jersey
$2.37B -$49.5M 45 6.56% Reduced
122
William Blair Investment Management
William Blair Investment Management
Illinois
$2.36B -$64.2M 20 8.18% Reduced
123
Harris Associates
Harris Associates
Illinois
$2.36B -$279M 3 3.7% Reduced
124
William Blair & Company
William Blair & Company
Illinois
$2.3B +$53M 60 14.09% Increased
125
Canada Life
Canada Life
Manitoba, Canada
$2.3B -$225M 84 5.45% Reduced