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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
351
CEP
Chicago Equity Partners
Illinois
$144M -$25M 14 4.2% Reduced
352
United Capital Financial Advisors
United Capital Financial Advisors
Texas
$144M +$1.21M 14 1.58% Increased
353
Welch & Forbes
Welch & Forbes
Massachusetts
$144M +$758K 8 4.47% Increased
354
Ingalls & Snyder LLC
Ingalls & Snyder LLC
New York
$143M -$9.84M 9 9.07% Reduced
355
Advisors Asset Management
Advisors Asset Management
Colorado
$142M -$1.49M 31 2.37% Reduced
356
Scotia Capital
Scotia Capital
Ontario, Canada
$142M +$7.14M 11 3.1% Increased
357
Cullen Capital Management
Cullen Capital Management
New York
$141M -$7.68M 4 4.99% Reduced
358
OC
Oakmont Corp
California
$141M -$126M 2 23.69% Reduced
359
Lasalle Investment Management Securities
Lasalle Investment Management Securities
Maryland
$141M -$6.15M 1 1.41% Reduced
360
Utah Retirement Systems
Utah Retirement Systems
Utah
$140M -$1.72M 22 3.78% Reduced
361
Saturna Capital
Saturna Capital
Washington
$136M -$324K 5 4.37% Reduced
362
MCMC
Matrix Capital Management Company
New Hampshire
$136M $0 1 6.63% Maintained
363
HM Payson & Co
HM Payson & Co
Maine
$136M -$889K 10 7.06% Reduced
364
Northwestern Mutual Investment Management Company
Northwestern Mutual Investment Management Company
Wisconsin
$136M +$25.4M 23 2.93% Increased
365
Haverford Trust Company
Haverford Trust Company
Pennsylvania
$134M +$2.89M 7 3.5% Increased
366
Employees Provident Fund Board
Employees Provident Fund Board
Malaysia
$134M +$856K 1 5.72% Increased
367
Cooke & Bieler
Cooke & Bieler
Pennsylvania
$134M -$5.47M 3 2.99% Reduced
368
Segall Bryant & Hamill
Segall Bryant & Hamill
Illinois
$133M -$12.9M 12 3.29% Reduced
369
Scout Investments
Scout Investments
Missouri
$131M -$37.6M 9 3.57% Reduced
370
ProShare Advisors
ProShare Advisors
Maryland
$129M -$35.4M 27 1.78% Reduced
371
Zacks Investment Management
Zacks Investment Management
Illinois
$129M -$24.6M 18 4.09% Reduced
372
Zurich Insurance Group
Zurich Insurance Group
Switzerland
$128M -$14.9M 8 4.57% Reduced
373
Klingenstein Fields & Co
Klingenstein Fields & Co
New York
$128M -$2.08M 6 6.4% Reduced
374
Cullen/Frost Bankers
Cullen/Frost Bankers
Texas
$128M +$1.16M 8 4.79% Increased
375
Bradley Foster & Sargent
Bradley Foster & Sargent
Connecticut
$127M -$6.09M 9 5.92% Reduced