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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
Amalgamated Financial
Amalgamated Financial
New York
$300M +$291M 58 2.38% New
252
Rockefeller Capital Management
Rockefeller Capital Management
New York
$296M +$31.7M 59 1.43% Increased
253
Janney Montgomery Scott
Janney Montgomery Scott
Pennsylvania
$292M -$16.1M 30 1.25% Reduced
254
Arizona State Retirement System
Arizona State Retirement System
Arizona
$290M -$257K 48 2.34% Reduced
255
State of Michigan Retirement System
State of Michigan Retirement System
Michigan
$283M +$7.4M 27 1.64% Increased
256
Gateway Investment Advisers
Gateway Investment Advisers
Ohio
$283M +$10.5M 18 2.79% Increased
257
Guggenheim Capital
Guggenheim Capital
Illinois
$283M -$28M 40 1.7% Reduced
258
Comerica Bank
Comerica Bank
Texas
$280M -$5.18M 42 2.04% Reduced
259
GW&K Investment Management
GW&K Investment Management
Massachusetts
$272M +$33M 21 2.42% Increased
260
Lazard Frères Gestion
Lazard Frères Gestion
France
$270M -$35.3M 3 8.13% Reduced
261
Regions Financial Corp
Regions Financial Corp
Alabama
$269M +$543K 20 2.17% Increased
262
SAM
Southeastern Asset Management
Tennessee
$267M -$23.9M 1 4.72% Reduced
263
Conestoga Capital Advisors
Conestoga Capital Advisors
Pennsylvania
$265M -$48.3M 3 3.99% Reduced
264
London Company of Virginia
London Company of Virginia
Virginia
$262M +$6.14M 4 1.38% Increased
265
EMG
ETF Managers Group
New Jersey
$262M -$13.7M 17 5.25% Reduced
266
Bridgewater Associates
Bridgewater Associates
Connecticut
$261M +$187M 17 1.05% Increased
267
Robeco Institutional Asset Management
Robeco Institutional Asset Management
Netherlands
$257M -$9.09M 21 0.6% Reduced
268
CCMLC
Cardinal Capital Management LLC (Connecticut)
Connecticut
$255M +$10.6M 6 6.44% Increased
269
FP
FPR Partners
California
$254M -$1.1M 1 8.23% Reduced
270
Ninety One (UK)
Ninety One (UK)
United Kingdom
$251M -$85.8M 1 0.64% Reduced
271
Ruffer LLP
Ruffer LLP
United Kingdom
$250M +$29.8M 3 5.84% Increased
272
Douglas Lane & Associates
Douglas Lane & Associates
New York
$249M +$25M 7 3.51% Increased
273
Bowen Hanes & Co
Bowen Hanes & Co
Florida
$248M +$6.12M 8 7.4% Increased
274
Creative Planning
Creative Planning
Kansas
$244M +$98.1M 32 0.38% Increased
275
United Capital Financial Advisors
United Capital Financial Advisors
Texas
$239M -$3.6M 15 1.16% Reduced