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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
Teachers Retirement System of the State of Kentucky
Teachers Retirement System of the State of Kentucky
Kentucky
$166M -$18.5M 41 2.18% Reduced
327
Baillie Gifford & Co
Baillie Gifford & Co
United Kingdom
$165M -$139M 3 0.3% Reduced
328
MCMC
Matrix Capital Management Company
New Hampshire
$163M $0 1 7.31% Maintained
329
Zurich Cantonal Bank
Zurich Cantonal Bank
Switzerland
$161M -$18M 47 2.1% Reduced
330
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
$161M -$121M 21 0.53% Reduced
331
SAM
Scopus Asset Management
New York
$160M -$29.8M 9 2.13% Reduced
332
Caxton Associates (New York)
Caxton Associates (New York)
New York
$159M +$138M 6 4.39% Increased
333
Janus Henderson Group
Janus Henderson Group
$159M -$12.7M 13 1.32% Reduced
334
Pinnacle Associates
Pinnacle Associates
New York
$158M -$4.12M 9 3.41% Reduced
335
Lasalle Investment Management Securities
Lasalle Investment Management Securities
Maryland
$158M -$563K 1 1.49% Reduced
336
OC
Oakmont Corp
California
$157M -$1.25M 2 31.37% Reduced
337
Nomura Asset Management
Nomura Asset Management
Japan
$153M -$13.4M 20 2.87% Reduced
338
United Capital Financial Advisors
United Capital Financial Advisors
Texas
$153M +$4.68M 15 1.55% Increased
339
SSM
Sound Shore Management
Connecticut
$150M +$1.72M 1 2.76% Increased
340
Huntington National Bank
Huntington National Bank
Ohio
$150M +$32.8M 33 3.75% Increased
341
Susquehanna International Group
Susquehanna International Group
Pennsylvania
$149M -$162M 33 0.08% Reduced
342
Castleark Management
Castleark Management
Illinois
$148M -$18.3M 8 4.72% Reduced
343
Northwestern Mutual Investment Management Company
Northwestern Mutual Investment Management Company
Wisconsin
$148M +$10.4M 25 3.15% Increased
344
Advisors Asset Management
Advisors Asset Management
Colorado
$147M -$8.64M 34 2.39% Reduced
345
SFM
Systematic Financial Management
New Jersey
$147M -$5.18M 12 2.01% Reduced
346
Welch & Forbes
Welch & Forbes
Massachusetts
$146M +$1.05M 8 4.46% Increased
347
SGAM
Smith Group Asset Management
Texas
$140M +$11.9M 10 4.19% Increased
348
Utah Retirement Systems
Utah Retirement Systems
Utah
$140M -$3.71M 23 3.73% Reduced
349
Zacks Investment Management
Zacks Investment Management
Illinois
$140M +$5.14M 17 4.26% Increased
350
Mutual of America Capital Management
Mutual of America Capital Management
New York
$139M +$10.1M 29 2.96% Increased