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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
301
Foresters Investment Management
Foresters Investment Management
New York
$164M +$16M 8 3.09% Increased
302
Oregon Public Employees Retirement Fund
Oregon Public Employees Retirement Fund
Oregon
$162M +$2.85M 39 2.56% Increased
303
Marsico Capital Management
Marsico Capital Management
Colorado
$160M +$87.9M 3 6.75% Increased
304
Virginia Retirement Systems
Virginia Retirement Systems
Virginia
$160M -$10.4M 24 2.16% Reduced
305
Stephens Investment Management Group
Stephens Investment Management Group
Texas
$159M -$4.63M 6 3.78% Reduced
306
Markel Group
Markel Group
Virginia
$159M +$379K 6 3.04% Increased
307
Employees Retirement System of Texas
Employees Retirement System of Texas
Texas
$158M -$11.3M 23 2.51% Reduced
308
Jacobs Levy Equity Management
Jacobs Levy Equity Management
New Jersey
$158M -$21.1M 14 2.77% Reduced
309
Point72 Asset Management
Point72 Asset Management
Connecticut
$157M -$160M 16 0.77% Reduced
310
Letko, Brosseau & Associates
Letko, Brosseau & Associates
Quebec, Canada
$157M +$7.25M 3 1.74% Increased
311
Regions Financial Corp
Regions Financial Corp
Alabama
$156M -$7.87M 34 1.95% Reduced
312
HCM
Huber Capital Management
California
$154M -$15.6M 5 14.01% Reduced
313
Balyasny Asset Management
Balyasny Asset Management
Illinois
$153M -$275M 30 1.11% Reduced
314
D1 Capital Partners
D1 Capital Partners
New York
$153M +$164M 1 2.94% New
315
Davenport & Co
Davenport & Co
Virginia
$153M -$3.61M 11 2.1% Reduced
316
Gofen & Glossberg
Gofen & Glossberg
Illinois
$152M -$3.81M 9 6.02% Reduced
317
Teacher Retirement System of Texas
Teacher Retirement System of Texas
Texas
$152M -$76.5M 15 1.42% Reduced
318
Saturna Capital
Saturna Capital
Washington
$152M -$1.93M 5 5.12% Reduced
319
Chilton Investment Company
Chilton Investment Company
Connecticut
$152M +$62.8M 6 5.56% Increased
320
Mitsubishi UFJ Asset Management
Mitsubishi UFJ Asset Management
Japan
$151M -$1.2M 30 3.8% Reduced
321
LCS
Levin Capital Strategies
New York
$151M +$15.6M 6 3.32% Increased
322
Ladenburg Thalmann Financial Services
Ladenburg Thalmann Financial Services
Florida
$150M +$3.69M 63 1.36% Increased
323
Haverford Trust Company
Haverford Trust Company
Pennsylvania
$148M -$4.53M 8 3.16% Reduced
324
Guggenheim Capital
Guggenheim Capital
Illinois
$147M -$13.2M 26 1.25% Reduced
325
SPH
Steel Partners Holdings
New York
$147M $0 1 62.8% Maintained