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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
Letko, Brosseau & Associates
Letko, Brosseau & Associates
Quebec, Canada
$180M -$29.6M 3 2.46% Reduced
327
Creative Planning
Creative Planning
Kansas
$179M +$11M 38 0.36% Increased
328
Teachers Retirement System of the State of Kentucky
Teachers Retirement System of the State of Kentucky
Kentucky
$178M -$17.1M 42 1.75% Reduced
329
Great Lakes Advisors
Great Lakes Advisors
Illinois
$177M +$16.3M 16 2.87% Increased
330
Utah Retirement Systems
Utah Retirement Systems
Utah
$177M -$7.02M 26 2.47% Reduced
331
British Columbia Investment Management
British Columbia Investment Management
British Columbia, Canada
$177M -$3.34M 18 1.27% Reduced
332
Davenport & Co
Davenport & Co
Virginia
$176M -$1.96M 13 1.65% Reduced
333
Oregon Public Employees Retirement Fund
Oregon Public Employees Retirement Fund
Oregon
$174M +$4.95M 42 2.07% Increased
334
Magnetar Financial
Magnetar Financial
Illinois
$174M +$57.7M 15 1.67% Increased
335
Rockefeller Capital Management
Rockefeller Capital Management
New York
$174M +$17.6M 53 1.18% Increased
336
Vaughan Nelson Investment Management
Vaughan Nelson Investment Management
Texas
$172M +$24.2M 3 1.84% Increased
337
Scout Investments
Scout Investments
Missouri
$172M -$27.6M 7 2.59% Reduced
338
SAM
Scopus Asset Management
New York
$172M +$2.05M 11 2.16% Increased
339
SRIM
Saratoga Research & Investment Management
California
$168M +$2.3M 2 8.51% Increased
340
CIBC World Markets
CIBC World Markets
New York
$166M -$143M 27 1.04% Reduced
341
Cubist Systematic Strategies
Cubist Systematic Strategies
Connecticut
$166M -$74.1M 57 2.12% Reduced
342
Group One Trading
Group One Trading
Illinois
$166M +$52.7M 31 0.25% Increased
343
Commonwealth of Pennsylvania Public School Employees Retirement System
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$165M +$3.66M 39 2.03% Increased
344
Crawford Investment Counsel
Crawford Investment Counsel
Georgia
$165M -$4.83M 11 3.71% Reduced
345
Grantham, Mayo, Van Otterloo & Co (GMO)
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$165M -$157M 18 0.9% Reduced
346
Antipodes Partners
Antipodes Partners
Australia
$164M -$6.44M 1 6.63% Reduced
347
Meyer Handelman Company
Meyer Handelman Company
New York
$162M +$1.38M 7 6.7% Increased
348
Susquehanna Fundamental Investments
Susquehanna Fundamental Investments
Pennsylvania
$161M -$10.8M 31 2.77% Reduced
349
Hood River Capital Management
Hood River Capital Management
Florida
$160M -$3.78M 5 5.13% Reduced
350
Wolverine Trading
Wolverine Trading
Illinois
$158M +$85.1M 34 0.24% Increased