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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
Scout Investments
Scout Investments
Missouri
$202M +$3.16M 9 3.01% Increased
302
Capital International Inc
Capital International Inc
California
$201M -$17M 10 1.94% Reduced
303
Stephens Investment Management Group
Stephens Investment Management Group
Texas
$197M -$47.2M 7 2.67% Reduced
304
Horizon Kinetics Asset Management
Horizon Kinetics Asset Management
New York
$195M +$793K 10 4.56% Increased
305
Mutual of America Capital Management
Mutual of America Capital Management
New York
$195M -$14.8M 41 1.93% Reduced
306
Confluence Investment Management
Confluence Investment Management
Missouri
$194M -$11.8M 5 2.72% Reduced
307
TPSF
Texas Permanent School Fund
Texas
$193M -$9.99M 39 2.37% Reduced
308
British Columbia Investment Management
British Columbia Investment Management
British Columbia, Canada
$193M -$12.1M 19 1.13% Reduced
309
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
$191M -$236M 17 0.24% Reduced
310
Douglas Lane & Associates
Douglas Lane & Associates
New York
$191M +$28.1M 6 2.73% Increased
311
SRIM
Saratoga Research & Investment Management
California
$191M +$5.07M 2 8.81% Increased
312
Teachers Retirement System of the State of Kentucky
Teachers Retirement System of the State of Kentucky
Kentucky
$191M +$15.1M 41 1.78% Increased
313
Davis Selected Advisers
Davis Selected Advisers
Arizona
$190M -$3.25M 1 0.88% Reduced
314
HRT Financial
HRT Financial
New York
$189M -$24.9M 41 1.15% Reduced
315
CAPTRUST Financial Advisors
CAPTRUST Financial Advisors
North Carolina
$188M +$40.5M 61 1.56% Increased
316
State of Alaska Department of Revenue
State of Alaska Department of Revenue
Alaska
$187M +$2.8M 41 1.88% Increased
317
Susquehanna Fundamental Investments
Susquehanna Fundamental Investments
Pennsylvania
$186M +$3.51M 32 3.42% Increased
318
Mairs & Power Inc
Mairs & Power Inc
Minnesota
$185M -$1.01M 6 1.85% Reduced
319
Capital Wealth Planning
Capital Wealth Planning
Florida
$184M -$119M 3 5.07% Reduced
320
Cincinnati Financial Corp
Cincinnati Financial Corp
Ohio
$184M $0 2 4.52% Maintained
321
MVIP
Mar Vista Investment Partners
California
$184M -$8.63M 2 4.73% Reduced
322
Tocqueville Asset Management
Tocqueville Asset Management
New York
$183M +$32M 14 2.71% Increased
323
Letko, Brosseau & Associates
Letko, Brosseau & Associates
Quebec, Canada
$180M -$36K 4 2.61% Reduced
324
Employees Retirement System of Texas
Employees Retirement System of Texas
Texas
$180M -$12.4M 21 2.09% Reduced
325
SIG
Senator Investment Group
New York
$177M +$134M 3 3.04% Increased