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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
APG Asset Management
APG Asset Management
Netherlands
$3.17B +$614M 42 5.44% Increased
102
Alkeon Capital Management
Alkeon Capital Management
New York
$3.17B +$162M 24 12.54% Increased
103
ACM
Atlanta Capital Management
Georgia
$3.16B -$240M 15 14.19% Reduced
104
Bessemer Group
Bessemer Group
New Jersey
$3.15B +$291M 68 10.61% Increased
105
1832 Asset Management
1832 Asset Management
Ontario, Canada
$3.08B +$168M 35 9.97% Increased
106
First Eagle Investment Management
First Eagle Investment Management
New York
$3.05B -$77.7M 5 8.22% Reduced
107
William Blair & Company
William Blair & Company
Illinois
$2.92B +$67.4M 69 16.7% Increased
108
JSP
Jackson Square Partners
California
$2.91B +$1.36M 7 15.08% Increased
109
Canada Life
Canada Life
Manitoba, Canada
$2.85B +$64.4M 100 6.51% Increased
110
Kayne Anderson Rudnick Investment Management
Kayne Anderson Rudnick Investment Management
California
$2.82B +$51.9M 34 14.91% Increased
111
DZ Bank
DZ Bank
Germany
$2.81B +$306M 25 8.69% Increased
112
Two Sigma Advisers
Two Sigma Advisers
New York
$2.78B +$464M 92 6.92% Increased
113
State of Wisconsin Investment Board
State of Wisconsin Investment Board
Wisconsin
$2.78B -$206M 70 7.74% Reduced
114
Ninety One (UK)
Ninety One (UK)
United Kingdom
$2.76B +$294M 14 10.5% Increased
115
USAA
United Services Automobile Association
Texas
$2.71B +$5.29M 80 6.75% Increased
116
Caisse de Depot et Placement du Quebec (CDPQ)
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$2.62B -$103M 33 6.53% Reduced
117
Axa
Axa
France
$2.62B -$38.9M 68 10.21% Reduced
118
HSBC Holdings
HSBC Holdings
United Kingdom
$2.6B -$26.6M 74 4.94% Reduced
119
Silver Lake Group
Silver Lake Group
California
$2.49B -$141M 2 61.08% Reduced
120
Freestone Capital Holdings
Freestone Capital Holdings
Washington
$2.46B -$10.6M 15 63.05% Reduced
121
Adage Capital Partners
Adage Capital Partners
Massachusetts
$2.46B -$279M 26 6.11% Reduced
122
Mitsubishi UFJ Trust & Banking
Mitsubishi UFJ Trust & Banking
Japan
$2.44B +$130M 48 8.32% Increased
123
Victory Capital Management
Victory Capital Management
Texas
$2.44B -$105M 65 4.92% Reduced
124
Thrivent Financial for Lutherans
Thrivent Financial for Lutherans
Minnesota
$2.43B +$52.2M 65 7.38% Increased
125
National Pension Service
National Pension Service
South Korea
$2.41B +$158M 28 8.05% Increased