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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
326
Farallon Capital Management
Farallon Capital Management
California
$161M -$35.3M 1 3.16% Reduced
327
Nomura Asset Management
Nomura Asset Management
Japan
$160M -$2.45M 15 2.93% Reduced
328
Silvercrest Asset Management
Silvercrest Asset Management
New York
$159M -$27.9M 12 2.54% Reduced
329
Mitsubishi UFJ Asset Management
Mitsubishi UFJ Asset Management
Japan
$157M +$14M 15 4.19% Increased
330
Connor, Clark & Lunn Investment Management (CC&L)
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$157M +$54.8M 16 1.15% Increased
331
1919 Investment Counsel
1919 Investment Counsel
Maryland
$156M +$6.45M 13 3.19% Increased
332
Baird
Baird
Wisconsin
$156M +$17.5M 17 2.26% Increased
333
ACM
Addison Clark Management
Connecticut
$156M -$25.4M 3 15.54% Reduced
334
Mawer Investment Management
Mawer Investment Management
Alberta, Canada
$153M +$8.18M 3 2.18% Increased
335
TCM
Tetrem Capital Management
Manitoba, Canada
$153M -$1.55M 4 4.15% Reduced
336
DekaBank Deutsche Girozentrale
DekaBank Deutsche Girozentrale
Germany
$152M -$8.39M 21 2.42% Reduced
337
Commonwealth of Pennsylvania Public School Employees Retirement System
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$152M -$2.46M 25 2.33% Reduced
338
Anchor Capital Advisors
Anchor Capital Advisors
Massachusetts
$151M -$6M 11 3.01% Reduced
339
GA
Greenhaven Associates
New York
$150M -$46.1M 1 3.08% Reduced
340
Welch & Forbes
Welch & Forbes
Massachusetts
$150M -$1.8M 5 4.74% Reduced
341
Nomura Holdings
Nomura Holdings
Japan
$149M +$64.3M 23 0.05% Increased
342
Oregon Public Employees Retirement Fund
Oregon Public Employees Retirement Fund
Oregon
$147M +$187K 23 3.84% Increased
343
LI
LMCG Investments
Massachusetts
$146M -$21.7M 13 3.25% Reduced
344
Andra AP-fonden
Andra AP-fonden
Sweden
$146M +$9.59M 10 3.37% Increased
345
HCM
Huber Capital Management
California
$144M +$33.4M 5 3.79% Increased
346
OCM
Osterweis Capital Management
California
$144M +$11.2M 2 4.42% Increased
347
City National Bank
City National Bank
Delaware
$144M +$11.5M 16 2.03% Increased
348
HM Payson & Co
HM Payson & Co
Maine
$144M -$9.05M 10 7.64% Reduced
349
Guardian Capital (Canada)
Guardian Capital (Canada)
Ontario, Canada
$144M +$17M 4 2.24% Increased
350
Miller Howard Investments
Miller Howard Investments
New York
$143M -$14.4M 2 2.63% Reduced