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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
Lord, Abbett & Co
Lord, Abbett & Co
New Jersey
$1.2B +$182M 22 3.59% Increased
152
Parnassus Investments
Parnassus Investments
California
$1.19B -$270M 6 5.54% Reduced
153
WBC
Westpac Banking Corp
Australia
$1.18B +$22.1M 40 9.46% Increased
154
SEI Investments
SEI Investments
Pennsylvania
$1.15B +$22M 75 5.03% Increased
155
TCW Group
TCW Group
California
$1.13B -$155M 16 9.46% Reduced
156
Thrivent Financial for Lutherans
Thrivent Financial for Lutherans
Minnesota
$1.12B -$89.9M 55 4.85% Reduced
157
Elliott Management
Elliott Management
New York
$1.12B -$150M 2 8.42% Reduced
158
Korea Investment Corp
Korea Investment Corp
South Korea
$1.11B -$146M 25 5.52% Reduced
159
Two Sigma Advisers
Two Sigma Advisers
New York
$1.11B -$16.2M 66 3.63% Reduced
160
State of New Jersey Common Pension Fund D
State of New Jersey Common Pension Fund D
New Jersey
$1.1B -$82.6M 22 4.61% Reduced
161
Findlay Park Partners
Findlay Park Partners
United Kingdom
$1.08B +$23.5M 5 11.52% Increased
162
Fundsmith LLP
Fundsmith LLP
United Kingdom
$1.08B +$13.6M 2 12.58% Increased
163
Ohio Public Employees Retirement System (OPERS)
Ohio Public Employees Retirement System (OPERS)
Ohio
$1.05B -$1.68M 59 5.88% Reduced
164
EC
Eminence Capital
New York
$1.05B -$290M 3 18.72% Reduced
165
Citigroup
Citigroup
New York
$1.03B -$399M 97 0.92% Reduced
166
CIBC Private Wealth Group
CIBC Private Wealth Group
Georgia
$1.02B +$55.1M 17 6.42% Increased
167
Manning & Napier Advisors
Manning & Napier Advisors
New York
$1.02B -$299M 12 7.9% Reduced
168
abrdn Investment Management
abrdn Investment Management
United Kingdom
$1.02B +$584M 6 3.36% Increased
169
VVP
Vulcan Value Partners
Alabama
$1.01B +$3.13M 1 8.75% Increased
170
Retirement Systems of Alabama
Retirement Systems of Alabama
Alabama
$1.01B -$6.31M 32 5.55% Reduced
171
Westfield Capital Management
Westfield Capital Management
Massachusetts
$1B +$74.9M 14 8.61% Increased
172
Aviva
Aviva
United Kingdom
$1B -$15.8M 29 5.73% Reduced
173
Public Employees Retirement Association of Colorado
Public Employees Retirement Association of Colorado
Colorado
$982M +$5.72M 57 7.46% Increased
174
State of Tennessee, Department of Treasury
State of Tennessee, Department of Treasury
Tennessee
$978M +$140M 45 4.61% Increased
175
PointState Capital
PointState Capital
New York
$975M +$728M 5 10.16% Increased