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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
201
Aristotle Capital Management
Aristotle Capital Management
California
$3.39B -$105M 5 6.8% Reduced
202
Daiwa Securities Group
Daiwa Securities Group
Japan
$3.33B -$287M 65 10.63% Reduced
203
Sustainable Growth Advisers
Sustainable Growth Advisers
Connecticut
$3.3B -$677M 8 22.87% Reduced
204
Ohio Public Employees Retirement System (OPERS)
Ohio Public Employees Retirement System (OPERS)
Ohio
$3.3B -$157M 110 10.28% Reduced
205
Rathbones Group
Rathbones Group
United Kingdom
$3.25B +$1.44M 26 12.72% Increased
206
Employees Provident Fund Board
Employees Provident Fund Board
Malaysia
$3.25B +$273M 8 23.9% Increased
207
Retirement Systems of Alabama
Retirement Systems of Alabama
Alabama
$3.23B +$59.8M 50 10.48% Increased
208
CIBC Asset Management
CIBC Asset Management
Ontario, Canada
$3.19B +$670M 72 7.7% Increased
209
KLP Kapitalforvaltning
KLP Kapitalforvaltning
Norway
$3.15B +$18.9M 116 12.18% Increased
210
Advent International
Advent International
Massachusetts
$3.14B +$48M 8 65.06% Increased
211
STRS Ohio
STRS Ohio
Ohio
$3.12B -$70.8M 106 11.64% Reduced
212
Public Sector Pension Investment Board (PSP Investments)
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$3.12B +$86.3M 61 10.46% Increased
213
AustralianSuper
AustralianSuper
Australia
$3.1B -$30.3M 24 14.39% Reduced
214
Fifth Third Bancorp
Fifth Third Bancorp
Ohio
$3.06B -$61.8M 99 9.71% Reduced
215
Select Equity Group
Select Equity Group
New York
$3.02B -$31.2M 21 13.02% Reduced
216
Iconiq Capital
Iconiq Capital
California
$3B -$1.18B 13 45.24% Reduced
217
Candriam SCA
Candriam SCA
Luxembourg
$2.91B -$34M 41 14.51% Reduced
218
Alyeska Investment Group
Alyeska Investment Group
Illinois
$2.89B +$587M 34 8.16% Increased
219
Cetera Investment Advisers
Cetera Investment Advisers
Illinois
$2.86B +$90.4M 102 3.13% Increased
220
CAPTRUST Financial Advisors
CAPTRUST Financial Advisors
North Carolina
$2.86B +$103M 96 5.44% Increased
221
Jacobs Levy Equity Management
Jacobs Levy Equity Management
New Jersey
$2.83B +$142M 52 10.93% Increased
222
Teacher Retirement System of Texas
Teacher Retirement System of Texas
Texas
$2.81B +$235M 95 9.72% Increased
223
Pacer Advisors
Pacer Advisors
Pennsylvania
$2.8B -$89.4M 84 7.14% Reduced
224
Lansforsakringar Fondforvaltning
Lansforsakringar Fondforvaltning
Sweden
$2.72B +$39.4M 46 13.45% Increased
225
Fundsmith LLP
Fundsmith LLP
United Kingdom
$2.7B -$190M 6 15.77% Reduced