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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
Tower Research Capital (TRC)
Tower Research Capital (TRC)
New York
$199M +$101M 95 1.9% Increased
302
ExodusPoint Capital Management
ExodusPoint Capital Management
New York
$197M +$10M 45 2.49% Increased
303
Pinnacle Associates
Pinnacle Associates
New York
$197M +$1.86M 17 3.48% Increased
304
Riverbridge Partners
Riverbridge Partners
Minnesota
$197M -$5.01M 2 2.22% Reduced
305
BHH
Baker Hughes Holdings
Texas
$196M $0 1 100% Maintained
306
Personal Capital Advisors
Personal Capital Advisors
California
$196M +$44.8M 8 0.92% Increased
307
Oregon Public Employees Retirement Fund
Oregon Public Employees Retirement Fund
Oregon
$195M -$10.7M 40 2% Reduced
308
Yousif Capital Management
Yousif Capital Management
Michigan
$192M -$789K 42 2.09% Reduced
309
EULAV Asset Management
EULAV Asset Management
Florida
$192M -$26.9M 9 5.71% Reduced
310
River Road Asset Management
River Road Asset Management
Kentucky
$189M -$88.3M 5 2.08% Reduced
311
Tocqueville Asset Management
Tocqueville Asset Management
New York
$188M +$15.3M 15 2.84% Increased
312
Heard Capital LLC
Heard Capital LLC
Illinois
$188M +$49.7M 3 17.17% Increased
313
Zurich Insurance Group
Zurich Insurance Group
Switzerland
$187M +$167M 5 2.31% Increased
314
Scout Investments
Scout Investments
Missouri
$186M -$16.3M 8 2.97% Reduced
315
ACB
Aristotle Capital Boston
Massachusetts
$185M -$5.25M 5 4.68% Reduced
316
Great Lakes Advisors
Great Lakes Advisors
Illinois
$185M +$19M 17 3.03% Increased
317
ACP
Atalan Capital Partners
New York
$184M $0 1 13.6% Maintained
318
Stephens Investment Management Group
Stephens Investment Management Group
Texas
$184M +$29.4M 5 2.7% Increased
319
Causeway Capital Management
Causeway Capital Management
California
$184M -$25.4M 2 4.39% Reduced
320
Northwestern Mutual Wealth Management
Northwestern Mutual Wealth Management
Wisconsin
$183M +$28.8M 45 0.29% Increased
321
Teachers Retirement System of the State of Kentucky
Teachers Retirement System of the State of Kentucky
Kentucky
$183M -$2.77M 40 1.79% Reduced
322
DePrince Race & Zollo Inc (DRZ)
DePrince Race & Zollo Inc (DRZ)
Florida
$183M +$30M 6 3.56% Increased
323
Zacks Investment Management
Zacks Investment Management
Illinois
$182M +$50M 10 2.53% Increased
324
Oppenheimer Asset Management
Oppenheimer Asset Management
New York
$182M +$2.48M 32 2.58% Increased
325
ING Group
ING Group
Netherlands
$182M +$45.1M 12 1.83% Increased