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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
Arizona State Retirement System
Arizona State Retirement System
Arizona
$418M +$8.83M 50 2.55% Increased
252
Capital Group Private Client Services
Capital Group Private Client Services
California
$416M -$13.1M 8 3.83% Reduced
253
Glenmede Trust
Glenmede Trust
Pennsylvania
$414M -$62.3M 29 2.11% Reduced
254
Creative Planning
Creative Planning
Kansas
$414M +$32M 55 0.4% Increased
255
C WorldWide Group
C WorldWide Group
Denmark
$411M -$33.1M 2 5.01% Reduced
256
Penserra Capital Management
Penserra Capital Management
California
$410M +$113M 27 7.5% Increased
257
KCMH
Keywise Capital Management (HK)
Hong Kong
$409M -$140M 1 33.53% Reduced
258
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$407M +$161M 17 0.86% Increased
259
First Manhattan
First Manhattan
New York
$403M +$26.5M 17 1.18% Increased
260
Edgewood Management
Edgewood Management
Connecticut
$402M +$418M 2 1.15% New
261
Brandywine Global Investment Management
Brandywine Global Investment Management
Pennsylvania
$401M -$25.4M 10 2.91% Reduced
262
Zacks Investment Management
Zacks Investment Management
Illinois
$398M -$60.5M 17 3.69% Reduced
263
Resona Asset Management
Resona Asset Management
Japan
$394M -$10M 21 2.33% Reduced
264
AMF Tjänstepension
AMF Tjänstepension
Sweden
$394M -$38.3M 4 2.8% Reduced
265
VVP
Vulcan Value Partners
Alabama
$393M +$42.5M 2 6.57% Increased
266
Ontario Teachers' Pension Plan Board
Ontario Teachers' Pension Plan Board
Ontario, Canada
$388M -$407M 6 4.84% Reduced
267
Pacer Advisors
Pacer Advisors
Pennsylvania
$382M +$151M 30 0.82% Increased
268
Wedge Capital Management
Wedge Capital Management
North Carolina
$381M +$5.31M 19 6.86% Increased
269
Clal Insurance
Clal Insurance
Israel
$378M -$10.2M 6 3.41% Reduced
270
Skye Global Management
Skye Global Management
Florida
$374M -$21.7M 3 7.81% Reduced
271
FI
Focused Investors
California
$370M -$3.25M 4 11.69% Reduced
272
Jacobs Levy Equity Management
Jacobs Levy Equity Management
New Jersey
$370M +$72.6M 20 1.31% Increased
273
Baillie Gifford & Co
Baillie Gifford & Co
United Kingdom
$369M +$23.4M 2 0.28% Increased
274
Lazard Frères Gestion
Lazard Frères Gestion
France
$367M +$2.13M 3 7.36% Increased
275
Mirae Asset Global Investments
Mirae Asset Global Investments
South Korea
$359M +$65.2M 30 1.46% Increased