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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
Ladenburg Thalmann Financial Services
Ladenburg Thalmann Financial Services
Florida
$202M +$2.6M 65 1.46% Increased
302
OAMG
Odey Asset Management Group
United Kingdom
$201M -$49.4M 1 17.09% Reduced
303
Guggenheim Capital
Guggenheim Capital
Illinois
$201M +$9.48M 37 1.64% Increased
304
Cubist Systematic Strategies
Cubist Systematic Strategies
Connecticut
$201M +$118M 47 3.69% Increased
305
Markel Group
Markel Group
Virginia
$201M +$2.97M 6 3.08% Increased
306
Marshall Wace
Marshall Wace
United Kingdom
$199M +$85.1M 24 1.63% Increased
307
Kornitzer Capital Management
Kornitzer Capital Management
Kansas
$198M -$3.22M 13 3.49% Reduced
308
ArrowMark Colorado Holdings
ArrowMark Colorado Holdings
Colorado
$198M -$5.19M 5 1.9% Reduced
309
Letko, Brosseau & Associates
Letko, Brosseau & Associates
Quebec, Canada
$197M +$3.58M 3 1.99% Increased
310
Virginia Retirement Systems
Virginia Retirement Systems
Virginia
$196M +$6.89M 29 2.26% Increased
311
MIHAS
Maj Invest Holding A/S
Denmark
$195M +$198M 2 8.92% Increased
312
Regions Financial Corp
Regions Financial Corp
Alabama
$194M -$4.46M 20 2.19% Reduced
313
Conestoga Capital Advisors
Conestoga Capital Advisors
Pennsylvania
$194M -$7.73M 4 4.86% Reduced
314
Confluence Investment Management
Confluence Investment Management
Missouri
$194M +$1.96M 5 3.1% Increased
315
Egerton Capital (UK)
Egerton Capital (UK)
United Kingdom
$193M -$161M 1 1.41% Reduced
316
EULAV Asset Management
EULAV Asset Management
Florida
$192M +$6.78M 11 7.22% Increased
317
Waverton Investment Management
Waverton Investment Management
United Kingdom
$192M +$52.2M 3 9.69% Increased
318
AustralianSuper
AustralianSuper
Australia
$191M +$20.6M 1 1.84% Increased
319
United Capital Financial Advisors
United Capital Financial Advisors
Texas
$190M -$16.6M 18 1.24% Reduced
320
SPH
Steel Partners Holdings
New York
$187M $0 1 69.83% Maintained
321
PCM
Palestra Capital Management
New York
$185M +$185M 1 5.38% New
322
Jacobs Levy Equity Management
Jacobs Levy Equity Management
New Jersey
$184M -$2.17M 16 2.54% Reduced
323
MLICM
Metropolitan Life Insurance Company (MetLife)
New York
$182M +$8.28M 51 3.07% Increased
324
MUFG Securities EMEA
MUFG Securities EMEA
United Kingdom
$180M -$72.8M 11 1.91% Reduced
325
GW&K Investment Management
GW&K Investment Management
Massachusetts
$178M +$9.26M 8 2.7% Increased