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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
Connor, Clark & Lunn Investment Management (CC&L)
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$270M -$44.2M 16 1.78% Reduced
252
Commerce Bank
Commerce Bank
Missouri
$265M +$6.91M 20 3.14% Increased
253
Fort Washington Investment Advisors
Fort Washington Investment Advisors
Ohio
$265M -$21.8M 10 2.97% Reduced
254
PointState Capital
PointState Capital
New York
$264M +$165M 3 5.22% Increased
255
SCM
Suvretta Capital Management
New York
$261M +$258M 2 7.55% New
256
CIBC World Markets
CIBC World Markets
New York
$261M -$154M 13 2.13% Reduced
257
Jarislowsky, Fraser Ltd
Jarislowsky, Fraser Ltd
Quebec, Canada
$253M -$16.5M 8 1.59% Reduced
258
Sterling Capital Management
Sterling Capital Management
North Carolina
$253M -$13M 19 2.5% Reduced
259
Janney Montgomery Scott
Janney Montgomery Scott
Pennsylvania
$252M +$11.2M 29 2.07% Increased
260
Arizona State Retirement System
Arizona State Retirement System
Arizona
$251M -$11M 39 2.98% Reduced
261
BB&T Securities
BB&T Securities
Virginia
$246M +$6.62M 24 2.37% Increased
262
Wellcome Trust
Wellcome Trust
United Kingdom
$240M -$9.07M 1 3.88% Reduced
263
OAMG
Odey Asset Management Group
United Kingdom
$237M -$6.79M 1 19.18% Reduced
264
Bowen Hanes & Co
Bowen Hanes & Co
Florida
$235M +$1.8M 11 10.4% Increased
265
MUFG Securities EMEA
MUFG Securities EMEA
United Kingdom
$235M +$177M 17 2.72% Increased
266
CIBC World Market
CIBC World Market
Ontario, Canada
$234M -$44.7M 19 1.08% Reduced
267
TCW Group
TCW Group
California
$233M -$15.2M 6 2.23% Reduced
268
Public Sector Pension Investment Board (PSP Investments)
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$233M -$57.5M 35 2.11% Reduced
269
OC
Oakmont Corp
California
$232M +$259K 4 32.65% Increased
270
Jane Street
Jane Street
New York
$230M +$107M 38 0.37% Increased
271
Natixis Advisors
Natixis Advisors
Massachusetts
$230M +$29.5M 28 2.01% Increased
272
Alyeska Investment Group
Alyeska Investment Group
Illinois
$226M +$85M 5 2.98% Increased
273
Norinchukin Bank
Norinchukin Bank
Japan
$225M -$7.21M 13 2.87% Reduced
274
BNP Paribas Asset Management
BNP Paribas Asset Management
France
$225M +$10.4M 18 1.88% Increased
275
Stephens Investment Management Group
Stephens Investment Management Group
Texas
$216M +$13.5M 6 4.4% Increased