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Defense Modernization

Defense modernization covers the rearmament and technology refresh underway as governments raise military budgets and restock depleted inventories. Contracts are long, funded, and relatively insensitive to the economic cycle.

163 stocks

# Name Holding Trade Value Theme
Stocks
% of
Portfolio
Status
226
Hood River Capital Management
Hood River Capital Management
Florida
$1.02B +$339M 13 7.41% Increased
227
Vanguard Investments Australia
Vanguard Investments Australia
Australia
$1.02B +$54.7M 67 2.53% Increased
228
Lazard Asset Management
Lazard Asset Management
New York
$1.01B +$49.1M 38 1.53% Increased
229
Gotham Asset Management
Gotham Asset Management
New York
$1.01B +$182M 52 2.35% Increased
230
Nomura Asset Management
Nomura Asset Management
Japan
$1B +$80.9M 40 2.14% Increased
231
Kestra Advisory Services
Kestra Advisory Services
Texas
$995M +$55.8M 47 3.21% Increased
232
Asset Management One
Asset Management One
Japan
$984M +$31.9M 28 2.52% Increased
233
Public Employees Retirement Association of Colorado
Public Employees Retirement Association of Colorado
Colorado
$979M -$7.29M 55 3.38% Reduced
234
Connor, Clark & Lunn Investment Management (CC&L)
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$979M -$79.6M 38 1.86% Reduced
235
Kayne Anderson Rudnick Investment Management
Kayne Anderson Rudnick Investment Management
California
$978M -$98.1M 24 3.04% Reduced
236
Intesa Sanpaolo SpA.
Intesa Sanpaolo SpA.
Italy
$976M +$951M 9 33.4% Increased
237
PFA Pension Forsikringsaktieselskab
PFA Pension Forsikringsaktieselskab
$970M +$101M 13 2.46% Increased
238
Janney Montgomery Scott
Janney Montgomery Scott
Pennsylvania
$956M +$99.3M 63 1.85% Increased
239
Toronto Dominion Bank
Toronto Dominion Bank
Ontario, Canada
$956M -$31.2M 33 1.11% Reduced
240
Unisphere Establishment
Unisphere Establishment
Liechtenstein
$949M +$31.9M 3 8.08% Increased
241
William Blair Investment Management
William Blair Investment Management
Illinois
$944M +$342M 12 2.84% Increased
242
GAMCO Investors
GAMCO Investors
Connecticut
$942M -$7.21M 35 8.45% Reduced
243
Viking Global Investors
Viking Global Investors
Connecticut
$941M +$161M 3 2.68% Increased
244
Wealth Enhancement Advisory Services
Wealth Enhancement Advisory Services
Minnesota
$931M +$127M 73 1.56% Increased
245
American Securities
American Securities
New York
$931M $0 1 24.79% Maintained
246
Canada Life
Canada Life
Manitoba, Canada
$914M +$90.5M 44 1.46% Increased
247
WPL
WINDACRE PARTNERSHIP LLC
Texas
$911M +$214M 1 9.01% Increased
248
Zurich Cantonal Bank
Zurich Cantonal Bank
Switzerland
$908M +$36.1M 63 1.74% Increased
249
Freestone Grove Partners
Freestone Grove Partners
California
$906M +$363M 27 5.82% Increased
250
CAPTRUST Financial Advisors
CAPTRUST Financial Advisors
North Carolina
$904M +$197M 71 1.38% Increased