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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
New York State Teachers Retirement System (NYSTRS)
New York State Teachers Retirement System (NYSTRS)
New York
$4.37B -$181M 53 10.57% Reduced
102
Ensign Peak Advisors
Ensign Peak Advisors
Utah
$4.34B +$27.8M 87 10.98% Increased
103
Mitsubishi UFJ Trust & Banking
Mitsubishi UFJ Trust & Banking
Japan
$4.3B -$3.28M 60 9.7% Reduced
104
Canada Life
Canada Life
Manitoba, Canada
$4.3B +$133M 110 9.34% Increased
105
Citadel Advisors
Citadel Advisors
Florida
$4.3B +$1.15B 134 1.22% Increased
106
Dodge & Cox
Dodge & Cox
California
$4.29B -$524M 9 3.92% Reduced
107
Carlyle Group
Carlyle Group
District of Columbia
$4.26B -$277M 1 58.02% Reduced
108
Russell Investments Group
Russell Investments Group
United Kingdom
$4.22B -$259M 129 9.09% Reduced
109
Aristotle Capital Management
Aristotle Capital Management
California
$4.2B +$39.9M 4 12.69% Increased
110
National Pension Service
National Pension Service
South Korea
$4.19B $0 38 11.02% Maintained
111
Whale Rock Capital Management
Whale Rock Capital Management
Massachusetts
$4.15B -$1.03B 16 27.46% Reduced
112
Macquarie Group
Macquarie Group
Australia
$4.15B -$110M 101 7.02% Reduced
113
Coatue Management
Coatue Management
New York
$4.08B +$1.18B 10 21.39% Increased
114
Bessemer Group
Bessemer Group
New Jersey
$4.06B -$127M 66 11.99% Reduced
115
1832 Asset Management
1832 Asset Management
Ontario, Canada
$4.04B -$441M 38 10.54% Reduced
116
Ninety One (UK)
Ninety One (UK)
United Kingdom
$3.99B +$247M 15 14.44% Increased
117
PNC Financial Services Group
PNC Financial Services Group
Pennsylvania
$3.88B -$78.8M 114 4.79% Reduced
118
IHG
Insight Holdings Group
New York
$3.87B +$3.77B 3 86.85% New
119
Select Equity Group
Select Equity Group
New York
$3.85B -$350M 24 18.9% Reduced
120
Aberdeen Group
Aberdeen Group
United Kingdom
$3.82B -$272M 58 10.19% Reduced
121
DZ Bank
DZ Bank
Germany
$3.77B +$134M 35 9.03% Increased
122
State of Wisconsin Investment Board
State of Wisconsin Investment Board
Wisconsin
$3.73B +$10.1M 94 9.31% Increased
123
Stifel Financial
Stifel Financial
Missouri
$3.72B +$186M 91 7.66% Increased
124
Axa
Axa
France
$3.61B +$106M 75 13.05% Increased
125
Adage Capital Partners
Adage Capital Partners
Massachusetts
$3.57B -$72.6M 35 8.95% Reduced