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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
Employees Retirement System of Texas
Employees Retirement System of Texas
Texas
$189M -$769K 23 2.85% Reduced
302
Markel Group
Markel Group
Virginia
$186M +$1.69M 6 3.12% Increased
303
AIM
Allen Investment Management
New York
$183M -$8.68M 6 5.75% Reduced
304
Farallon Capital Management
Farallon Capital Management
California
$183M -$92.1M 1 1.38% Reduced
305
Jacobs Levy Equity Management
Jacobs Levy Equity Management
New Jersey
$183M -$2.11M 16 2.64% Reduced
306
Davenport & Co
Davenport & Co
Virginia
$182M +$5.14M 11 2.27% Increased
307
Regions Financial Corp
Regions Financial Corp
Alabama
$182M -$3.77M 34 2.09% Reduced
308
Channing Capital Management
Channing Capital Management
Illinois
$180M -$32M 3 8.32% Reduced
309
Letko, Brosseau & Associates
Letko, Brosseau & Associates
Quebec, Canada
$180M -$16.1M 3 1.79% Reduced
310
KCM
Kensico Capital Management
Connecticut
$180M -$12.4M 1 3.54% Reduced
311
Scout Investments
Scout Investments
Missouri
$180M +$61.8M 9 3.68% Increased
312
AKO Capital
AKO Capital
United Kingdom
$179M +$58.3M 1 5.42% Increased
313
Saturna Capital
Saturna Capital
Washington
$179M -$679K 4 5.23% Reduced
314
SCA
Southpoint Capital Advisors
New York
$179M -$85.6M 2 7.59% Reduced
315
Guggenheim Capital
Guggenheim Capital
Illinois
$178M +$3.82M 37 1.45% Increased
316
Anchor Capital Advisors
Anchor Capital Advisors
Massachusetts
$177M +$14.4M 12 3.73% Increased
317
SG Americas Securities
SG Americas Securities
New York
$177M -$105M 47 1.63% Reduced
318
Mitsubishi UFJ Asset Management
Mitsubishi UFJ Asset Management
Japan
$175M -$8.93M 31 3.61% Reduced
319
Virginia Retirement Systems
Virginia Retirement Systems
Virginia
$175M -$13.6M 23 2.06% Reduced
320
Conestoga Capital Advisors
Conestoga Capital Advisors
Pennsylvania
$174M +$1.06M 4 4.84% Increased
321
ArrowMark Colorado Holdings
ArrowMark Colorado Holdings
Colorado
$172M -$40.5M 5 1.62% Reduced
322
EMG
ETF Managers Group
New Jersey
$170M -$6.77M 23 8.33% Reduced
323
Gofen & Glossberg
Gofen & Glossberg
Illinois
$170M -$11.9M 9 6.02% Reduced
324
PineBridge Investments
PineBridge Investments
New York
$168M +$13.8M 23 3.41% Increased
325
Confluence Investment Management
Confluence Investment Management
Missouri
$168M +$85.2M 5 2.83% Increased