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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
Magellan Asset Management
Magellan Asset Management
Australia
$3.47B +$88.4M 3 9.14% Increased
102
APG Asset Management
APG Asset Management
Netherlands
$3.42B -$248M 49 5.55% Reduced
103
PNC Financial Services Group
PNC Financial Services Group
Pennsylvania
$3.37B -$88.9M 110 3.32% Reduced
104
Kayne Anderson Rudnick Investment Management
Kayne Anderson Rudnick Investment Management
California
$3.34B +$170M 41 16.1% Increased
105
Canada Life
Canada Life
Manitoba, Canada
$3.27B +$199M 101 7.11% Increased
106
Federated Hermes
Federated Hermes
Pennsylvania
$3.26B -$291M 80 7.27% Reduced
107
Ensign Peak Advisors
Ensign Peak Advisors
Utah
$3.22B +$3.04B 91 8.51% New
108
Freestone Capital Holdings
Freestone Capital Holdings
Washington
$3.19B +$10.1M 17 66.14% Increased
109
JSP
Jackson Square Partners
California
$3.16B +$250M 9 16.59% Increased
110
HSBC Holdings
HSBC Holdings
United Kingdom
$3.16B +$325M 88 5.49% Increased
111
CIBC Private Wealth Group
CIBC Private Wealth Group
Georgia
$3.15B -$250M 43 10.28% Reduced
112
Bessemer Group
Bessemer Group
New Jersey
$3.15B -$31.9M 69 10.19% Reduced
113
State of Wisconsin Investment Board
State of Wisconsin Investment Board
Wisconsin
$3.12B +$21M 77 7.81% Increased
114
William Blair & Company
William Blair & Company
Illinois
$3.09B +$70.7M 79 15.89% Increased
115
Alkeon Capital Management
Alkeon Capital Management
New York
$3.07B -$770M 22 11.43% Reduced
116
Stifel Financial
Stifel Financial
Missouri
$3.06B +$589M 82 6.38% Increased
117
Toronto Dominion Bank
Toronto Dominion Bank
Ontario, Canada
$3.04B +$334M 46 5.11% Increased
118
Select Equity Group
Select Equity Group
New York
$3.04B +$439M 16 19.16% Increased
119
DZ Bank
DZ Bank
Germany
$3.02B -$359M 23 7.91% Reduced
120
National Pension Service
National Pension Service
South Korea
$3B +$225M 31 8.23% Increased
121
Mitsubishi UFJ Trust & Banking
Mitsubishi UFJ Trust & Banking
Japan
$2.9B +$76.5M 56 6.92% Increased
122
ACM
Atlanta Capital Management
Georgia
$2.74B -$392M 14 11.34% Reduced
123
Adage Capital Partners
Adage Capital Partners
Massachusetts
$2.71B -$105M 33 6.65% Reduced
124
1832 Asset Management
1832 Asset Management
Ontario, Canada
$2.7B -$143M 37 8.21% Reduced
125
Caisse de Depot et Placement du Quebec (CDPQ)
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$2.66B -$197M 34 6.46% Reduced