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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
Bank Julius Baer & Co
Bank Julius Baer & Co
Switzerland
$4.18B -$792M 40 16% Reduced
152
US Bancorp
US Bancorp
Minnesota
$4.16B +$21.1M 146 5.67% Increased
153
Chevy Chase Trust
Chevy Chase Trust
Maryland
$4.1B -$70.9M 33 13.07% Reduced
154
Coatue Management
Coatue Management
New York
$4.09B -$1.06B 10 15.92% Reduced
155
Durable Capital Partners
Durable Capital Partners
Maryland
$4.07B -$209M 11 33.44% Reduced
156
Thrivent Financial for Lutherans
Thrivent Financial for Lutherans
Minnesota
$4.06B +$117M 90 8.19% Increased
157
State of Wisconsin Investment Board
State of Wisconsin Investment Board
Wisconsin
$4.03B -$86.1M 124 10.66% Reduced
158
PH
Permira Holdings
Guernsey
$3.99B -$96.8M 2 100% Reduced
159
Storebrand Asset Management
Storebrand Asset Management
Norway
$3.99B -$41.3M 56 13.24% Reduced
160
Federated Hermes
Federated Hermes
Pennsylvania
$3.9B -$38.1M 114 9.25% Reduced
161
HighTower Advisors
HighTower Advisors
Illinois
$3.9B -$37.9M 105 6.02% Reduced
162
Caisse de Depot et Placement du Quebec (CDPQ)
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$3.88B -$262M 36 9.42% Reduced
163
First Manhattan
First Manhattan
New York
$3.86B +$205M 27 12.37% Increased
164
Nomura Asset Management
Nomura Asset Management
Japan
$3.81B +$148M 59 13% Increased
165
Danske Bank
Danske Bank
Denmark
$3.78B -$1.17B 81 13.94% Reduced
166
Raymond James Financial Services Advisors
Raymond James Financial Services Advisors
Florida
$3.75B -$2.15M 75 5.34% Reduced
167
Acadian Asset Management
Acadian Asset Management
Massachusetts
$3.72B -$223M 115 11.45% Reduced
168
Susquehanna International Group
Susquehanna International Group
Pennsylvania
$3.71B -$631M 149 0.69% Reduced
169
Two Sigma Advisers
Two Sigma Advisers
New York
$3.71B +$242M 119 8.28% Increased
170
Flossbach Von Storch
Flossbach Von Storch
Germany
$3.69B +$5.52M 13 15.48% Increased
171
Zurich Cantonal Bank
Zurich Cantonal Bank
Switzerland
$3.59B +$88.4M 143 11.67% Increased
172
Skandinaviska Enskilda Banken (SEB)
Skandinaviska Enskilda Banken (SEB)
Sweden
$3.56B +$455M 61 17.11% Increased
173
Handelsbanken Fonder
Handelsbanken Fonder
Sweden
$3.55B -$205M 107 15.43% Reduced
174
Mariner
Mariner
Kansas
$3.52B +$239M 109 6.82% Increased
175
Investor AB
Investor AB
Sweden
$3.51B $0 1 99.92% Maintained