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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
151
Ninety One (UK)
Ninety One (UK)
United Kingdom
$1B +$28.1M 11 5.18% Increased
152
Panagora Asset Management
Panagora Asset Management
Massachusetts
$996M -$13.5M 54 4.95% Reduced
153
Raymond James & Associates
Raymond James & Associates
Florida
$992M +$51.4M 60 3.11% Increased
154
Parnassus Investments
Parnassus Investments
California
$984M +$3.31M 6 5.99% Increased
155
Thrivent Financial for Lutherans
Thrivent Financial for Lutherans
Minnesota
$953M -$46.1M 51 4.54% Reduced
156
VVP
Vulcan Value Partners
Alabama
$950M -$16.6M 1 9.35% Reduced
157
Soroban Capital Partners
Soroban Capital Partners
New York
$948M -$245M 2 5.83% Reduced
158
Credit Agricole
Credit Agricole
France
$935M +$47.9M 40 3.6% Increased
159
William Blair & Company
William Blair & Company
Illinois
$927M -$1.97M 48 8.64% Reduced
160
State of New Jersey Common Pension Fund D
State of New Jersey Common Pension Fund D
New Jersey
$900M -$37.9M 21 4.08% Reduced
161
Jarislowsky, Fraser Ltd
Jarislowsky, Fraser Ltd
Quebec, Canada
$898M -$548M 6 6.24% Reduced
162
Mackenzie Financial
Mackenzie Financial
Ontario, Canada
$892M +$182M 37 5.04% Increased
163
BRC
Blue Ridge Capital
New York
$884M +$3.86M 2 11.4% Increased
164
Korea Investment Corp
Korea Investment Corp
South Korea
$884M +$171M 19 5.26% Increased
165
Teacher Retirement System of Texas
Teacher Retirement System of Texas
Texas
$869M -$7.71M 72 5.92% Reduced
166
Retirement Systems of Alabama
Retirement Systems of Alabama
Alabama
$866M -$11.8M 33 5.06% Reduced
167
Select Equity Group
Select Equity Group
New York
$857M +$13.5M 7 7.53% Increased
168
Coatue Management
Coatue Management
New York
$845M -$576M 5 12.05% Reduced
169
Ohio Public Employees Retirement System (OPERS)
Ohio Public Employees Retirement System (OPERS)
Ohio
$832M -$420K 56 5.37% Reduced
170
US Bancorp
US Bancorp
Minnesota
$823M +$26.3M 67 3.13% Increased
171
DF Dent & Co
DF Dent & Co
Maryland
$813M +$55.8M 16 22.83% Increased
172
Jensen Investment Management
Jensen Investment Management
Oregon
$810M +$182M 9 12.56% Increased
173
CIBC Private Wealth Group
CIBC Private Wealth Group
Georgia
$801M -$32.4M 17 5.85% Reduced
174
Findlay Park Partners
Findlay Park Partners
United Kingdom
$801M +$120M 4 9.16% Increased
175
Bessemer Group
Bessemer Group
New Jersey
$790M +$53M 43 4.33% Increased