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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
AKRE Capital Management
AKRE Capital Management
Virginia
$2.45B +$382M 6 18.49% Increased
152
STRS Ohio
STRS Ohio
Ohio
$2.41B -$68M 85 10.54% Reduced
153
Melvin Capital Management
Melvin Capital Management
New York
$2.4B -$181M 10 14.17% Reduced
154
Westfield Capital Management
Westfield Capital Management
Massachusetts
$2.35B -$40.4M 27 16.19% Reduced
155
Baird Financial Group
Baird Financial Group
Wisconsin
$2.32B +$90.7M 64 8.76% Increased
156
Investor AB
Investor AB
Sweden
$2.32B $0 1 99.42% Maintained
157
Viking Global Investors
Viking Global Investors
Connecticut
$2.31B -$580M 6 9.97% Reduced
158
Silver Lake Group
Silver Lake Group
California
$2.3B $0 1 75.69% Maintained
159
Fiera Capital (Canada)
Fiera Capital (Canada)
Quebec, Canada
$2.29B +$50.5M 33 7.71% Increased
160
State of New Jersey Common Pension Fund D
State of New Jersey Common Pension Fund D
New Jersey
$2.28B -$75.9M 83 9.52% Reduced
161
Man Group
Man Group
United Kingdom
$2.28B +$224M 90 11.5% Increased
162
Alecta Tjanstepension Omsesidigt
Alecta Tjanstepension Omsesidigt
Sweden
$2.25B $0 2 15.75% Maintained
163
US Bancorp
US Bancorp
Minnesota
$2.25B -$16.4M 114 5.9% Reduced
164
DSM Capital Partners
DSM Capital Partners
Florida
$2.25B -$29.3M 5 26.75% Reduced
165
Fayez Sarofim & Co
Fayez Sarofim & Co
Texas
$2.17B +$453M 11 10.02% Increased
166
William Blair Investment Management
William Blair Investment Management
Illinois
$2.15B +$201M 26 8.76% Increased
167
Eagle Asset Management
Eagle Asset Management
Florida
$2.14B -$53.6M 41 12.17% Reduced
168
Public Employees Retirement Association of Colorado
Public Employees Retirement Association of Colorado
Colorado
$2.13B +$54.3M 85 12.16% Increased
169
Durable Capital Partners
Durable Capital Partners
Maryland
$2.12B +$1.05B 10 26.44% Increased
170
Mawer Investment Management
Mawer Investment Management
Alberta, Canada
$2.06B +$136M 9 15.17% Increased
171
Coatue Management
Coatue Management
New York
$2.04B -$455M 9 17.95% Reduced
172
GGHC
Gilder Gagnon Howe & Co
New York
$2.04B -$83.4M 29 15.96% Reduced
173
AIG
American International Group
New York
$2.01B +$117M 122 9.71% Increased
174
Polar Capital
Polar Capital
United Kingdom
$2.01B -$62.1M 23 17.32% Reduced
175
ESCM
Echo Street Capital Management
New York
$1.98B +$180M 42 23.48% Increased