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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
Mutual of America Capital Management
Mutual of America Capital Management
New York
$156M -$7.9M 42 2.08% Reduced
302
HM Payson & Co
HM Payson & Co
Maine
$155M -$9.47M 18 4.77% Reduced
303
MIHAS
Maj Invest Holding A/S
Denmark
$154M -$21.2M 1 5.7% Reduced
304
United Capital Financial Advisors
United Capital Financial Advisors
Texas
$153M +$1.29M 16 1% Increased
305
Select Equity Group
Select Equity Group
New York
$153M -$63.8M 5 0.75% Reduced
306
Harel Insurance Investments & Financial Services
Harel Insurance Investments & Financial Services
Israel
$151M +$2.13M 14 5.15% Increased
307
Fayez Sarofim & Co
Fayez Sarofim & Co
Texas
$149M -$2.41M 9 0.64% Reduced
308
Waverton Investment Management
Waverton Investment Management
United Kingdom
$148M -$1.49M 3 7.37% Reduced
309
State of Alaska Department of Revenue
State of Alaska Department of Revenue
Alaska
$147M -$8.9M 41 1.81% Reduced
310
Teachers Retirement System of the State of Kentucky
Teachers Retirement System of the State of Kentucky
Kentucky
$144M -$6.93M 42 1.63% Reduced
311
Assenagon Asset Management
Assenagon Asset Management
Luxembourg
$144M -$71.7M 18 0.81% Reduced
312
Emerald Advisers
Emerald Advisers
Pennsylvania
$144M -$18M 9 5.92% Reduced
313
NSCM
New South Capital Management
Tennessee
$143M +$30.2M 2 5.42% Increased
314
Cincinnati Financial Corp
Cincinnati Financial Corp
Ohio
$141M $0 2 4.29% Maintained
315
Rafferty Asset Management
Rafferty Asset Management
New York
$139M +$24.7M 31 1.68% Increased
316
Crawford Investment Counsel
Crawford Investment Counsel
Georgia
$139M +$1.45M 11 3.79% Increased
317
CRM
Cramer Rosenthal McGlynn
Connecticut
$138M -$1.7M 4 5.58% Reduced
318
British Columbia Investment Management
British Columbia Investment Management
British Columbia, Canada
$138M +$10.3M 18 1.13% Increased
319
Cambridge Investment Research Advisors
Cambridge Investment Research Advisors
Iowa
$136M -$10.7M 29 0.92% Reduced
320
Pinnacle Associates
Pinnacle Associates
New York
$136M -$3.26M 14 3.23% Reduced
321
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$134M +$40M 17 1.01% Increased
322
Alyeska Investment Group
Alyeska Investment Group
Illinois
$132M -$27.3M 8 2.01% Reduced
323
CIBC World Market
CIBC World Market
Ontario, Canada
$132M +$2.98M 18 0.57% Increased
324
Emerald Mutual Fund Advisers Trust
Emerald Mutual Fund Advisers Trust
Pennsylvania
$132M -$19.3M 8 5.86% Reduced
325
Utah Retirement Systems
Utah Retirement Systems
Utah
$132M +$856K 24 2.19% Increased