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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
276
Zurich Cantonal Bank
Zurich Cantonal Bank
Switzerland
$209M +$50.2M 47 2.18% Increased
277
Davenport & Co
Davenport & Co
Virginia
$209M +$3.13M 10 3.08% Increased
278
Bank of Nova Scotia
Bank of Nova Scotia
Ontario, Canada
$209M +$93.4M 14 1.18% Increased
279
Huntington National Bank
Huntington National Bank
Ohio
$208M +$62M 34 3.87% Increased
280
PCM
Pennant Capital Management
New Jersey
$205M +$18.5M 4 7.17% Increased
281
BB&T Securities
BB&T Securities
Virginia
$203M +$19.4M 14 3.02% Increased
282
Public Sector Pension Investment Board (PSP Investments)
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$202M +$28.6M 28 2.12% Increased
283
Flossbach Von Storch
Flossbach Von Storch
Germany
$198M +$16.7M 2 3.31% Increased
284
Bridgeway Capital Management
Bridgeway Capital Management
Texas
$194M -$29.8M 25 2.9% Reduced
285
Bowen Hanes & Co
Bowen Hanes & Co
Florida
$191M -$7.98M 9 10.12% Reduced
286
Cincinnati Financial Corp
Cincinnati Financial Corp
Ohio
$190M $0 3 10.53% Maintained
287
Meyer Handelman Company
Meyer Handelman Company
New York
$189M -$2.39M 6 8.51% Reduced
288
Channing Capital Management
Channing Capital Management
Illinois
$189M -$1.97M 4 7.53% Reduced
289
Virginia Retirement Systems
Virginia Retirement Systems
Virginia
$188M -$10.1M 20 2.72% Reduced
290
MC
Montag & Caldwell
Georgia
$188M -$3.69M 3 3.95% Reduced
291
GH
GAM Holding
Switzerland
$188M -$23.2M 16 3.3% Reduced
292
Cornerstone Investment Partners
Cornerstone Investment Partners
Georgia
$187M -$73.2M 5 8.12% Reduced
293
Raymond James Financial Services Advisors
Raymond James Financial Services Advisors
Florida
$185M +$9.11M 20 1.64% Increased
294
Hartford Investment Management Co (HIMCO)
Hartford Investment Management Co (HIMCO)
Connecticut
$185M +$1.33M 13 3.69% Increased
295
NN Investment Partners Holdings
NN Investment Partners Holdings
Netherlands
$184M +$10.5M 14 1.73% Increased
296
ExxonMobil Investment Management
ExxonMobil Investment Management
Texas
$182M -$6.09M 12 3.8% Reduced
297
SSM
Sound Shore Management
Connecticut
$182M +$42.4M 1 3.24% Increased
298
GW&K Investment Management
GW&K Investment Management
Massachusetts
$182M +$1.68M 7 3.41% Increased
299
Snyder Capital Management
Snyder Capital Management
California
$181M -$2.56M 5 11.36% Reduced
300
WBC
Westpac Banking Corp
Australia
$181M -$45.9M 18 1.96% Reduced