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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
251
Commerce Bank
Commerce Bank
Missouri
$252M +$3.31M 13 3.99% Increased
252
Davis Selected Advisers
Davis Selected Advisers
Arizona
$252M -$27.2M 5 0.82% Reduced
253
Suntrust Banks
Suntrust Banks
Georgia
$252M -$23.2M 19 1.71% Reduced
254
OC
Oakmont Corp
California
$247M -$23.4M 2 39.57% Reduced
255
SCCM
Schafer Cullen Capital Management
New York
$244M -$48.3M 10 3.09% Reduced
256
Santa Barbara Asset Management
Santa Barbara Asset Management
California
$244M -$7.06M 2 4.92% Reduced
257
Jacobs Levy Equity Management
Jacobs Levy Equity Management
New Jersey
$244M +$248K 21 4.18% Increased
258
Arizona State Retirement System
Arizona State Retirement System
Arizona
$243M -$4.19M 39 2.86% Reduced
259
Ninety One (UK)
Ninety One (UK)
United Kingdom
$239M -$4.56M 3 1.46% Reduced
260
Employees Retirement System of Texas
Employees Retirement System of Texas
Texas
$237M -$4.99M 21 3.01% Reduced
261
Brandes Investment Partners
Brandes Investment Partners
California
$237M -$11.3M 1 3.34% Reduced
262
Fiera Capital (Canada)
Fiera Capital (Canada)
Quebec, Canada
$236M +$19.8M 9 1.72% Increased
263
Teachers Retirement System of the State of Kentucky
Teachers Retirement System of the State of Kentucky
Kentucky
$235M +$436K 40 2.67% Increased
264
Great Lakes Advisors
Great Lakes Advisors
Illinois
$234M -$38.5M 13 7.25% Reduced
265
Mawer Investment Management
Mawer Investment Management
Alberta, Canada
$226M +$19M 3 2.92% Increased
266
RCM
Riverhead Capital Management
Delaware
$225M +$8.66M 12 3.41% Increased
267
BNP Paribas Asset Management
BNP Paribas Asset Management
France
$224M -$33.3M 15 1.81% Reduced
268
APG Asset Management US
APG Asset Management US
New York
$219M -$4.31M 1 1.89% Reduced
269
SAM
Southeastern Asset Management
Tennessee
$219M +$23.4M 1 1.26% Increased
270
Aperio Group
Aperio Group
California
$219M +$12.3M 35 2.7% Increased
271
O'Shaughnessy Asset Management
O'Shaughnessy Asset Management
Connecticut
$217M -$30.1M 26 4.16% Reduced
272
Regions Financial Corp
Regions Financial Corp
Alabama
$217M -$23.8M 13 2.81% Reduced
273
GH
GAM Holding
Switzerland
$216M -$1.4M 17 3.23% Reduced
274
Mackenzie Financial
Mackenzie Financial
Ontario, Canada
$216M -$14.3M 14 1.1% Reduced
275
WBC
Westpac Banking Corp
Australia
$215M +$21.3M 19 2.05% Increased