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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
State of Alaska Department of Revenue
State of Alaska Department of Revenue
Alaska
$191M -$2.11M 42 1.93% Reduced
327
SPH
Steel Partners Holdings
New York
$191M $0 1 48.87% Maintained
328
Cincinnati Financial Corp
Cincinnati Financial Corp
Ohio
$190M +$2.02M 2 4.63% Increased
329
Teachers Retirement System of the State of Kentucky
Teachers Retirement System of the State of Kentucky
Kentucky
$188M +$5.56M 42 1.73% Increased
330
Douglas Lane & Associates
Douglas Lane & Associates
New York
$186M +$29.1M 7 2.61% Increased
331
Platinum Equity Advisors
Platinum Equity Advisors
California
$186M $0 1 4.76% Maintained
332
Mondrian Investment Partners
Mondrian Investment Partners
United Kingdom
$185M -$2.43M 7 3.54% Reduced
333
Utah Retirement Systems
Utah Retirement Systems
Utah
$185M +$2.04M 27 2.38% Increased
334
Susquehanna Fundamental Investments
Susquehanna Fundamental Investments
Pennsylvania
$185M +$14.3M 36 3.37% Increased
335
SRIM
Saratoga Research & Investment Management
California
$182M +$992K 2 8.57% Increased
336
Laurion Capital Management
Laurion Capital Management
New York
$182M -$146M 10 1.01% Reduced
337
Riverbridge Partners
Riverbridge Partners
Minnesota
$181M +$6.77M 2 1.84% Increased
338
Great Lakes Advisors
Great Lakes Advisors
Illinois
$181M -$3.61M 15 2.73% Reduced
339
Thompson Siegel & Walmsley
Thompson Siegel & Walmsley
Virginia
$180M -$51M 20 2.46% Reduced
340
Crawford Investment Counsel
Crawford Investment Counsel
Georgia
$179M +$8.65M 10 3.63% Increased
341
Wedge Capital Management
Wedge Capital Management
North Carolina
$177M -$41.1M 12 2.17% Reduced
342
ACB
Aristotle Capital Boston
Massachusetts
$173M +$11.7M 5 3.97% Increased
343
Schonfeld Strategic Advisors
Schonfeld Strategic Advisors
New York
$173M +$26.1M 24 1.83% Increased
344
BNP Paribas Asset Management
BNP Paribas Asset Management
France
$172M +$50.3M 15 0.61% Increased
345
YCM
Yiheng Capital Management
California
$169M $0 1 6.82% Maintained
346
Northwestern Mutual Wealth Management
Northwestern Mutual Wealth Management
Wisconsin
$169M +$13.3M 38 0.32% Increased
347
WBC
Westpac Banking Corp
Australia
$169M +$34.7M 19 1.69% Increased
348
CIBC World Markets
CIBC World Markets
New York
$168M +$371K 16 1.17% Increased
349
Commonwealth of Pennsylvania Public School Employees Retirement System
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$168M +$255K 39 1.87% Increased
350
NSCM
New South Capital Management
Tennessee
$166M -$25.3M 3 4.64% Reduced