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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
Cubist Systematic Strategies
Cubist Systematic Strategies
Connecticut
$155M -$78.9M 55 1.96% Reduced
352
MUFG Securities EMEA
MUFG Securities EMEA
United Kingdom
$155M +$62M 7 1.75% Increased
353
ArrowMark Colorado Holdings
ArrowMark Colorado Holdings
Colorado
$155M +$29.4M 11 1.21% Increased
354
Meyer Handelman Company
Meyer Handelman Company
New York
$155M -$2.98M 7 6.36% Reduced
355
Markel Group
Markel Group
Virginia
$153M +$1.63M 6 1.94% Increased
356
Personal Capital Advisors
Personal Capital Advisors
California
$153M +$5.94M 9 0.77% Increased
357
XEA
XN Exponent Advisors
New York
$152M +$23.9M 1 7.27% Increased
358
TCW Group
TCW Group
California
$150M -$3.31M 5 0.39% Reduced
359
Gofen & Glossberg
Gofen & Glossberg
Illinois
$150M +$2.75M 9 3.51% Increased
360
Causeway Capital Management
Causeway Capital Management
California
$149M +$94.9M 2 3.36% Increased
361
Migdal Insurance & Financial Holdings
Migdal Insurance & Financial Holdings
Israel
$148M +$21.4M 17 1.56% Increased
362
Commonwealth of Pennsylvania Public School Employees Retirement System
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$147M -$11.9M 39 1.71% Reduced
363
South Dakota Investment Council
South Dakota Investment Council
South Dakota
$147M +$5.85M 22 2.63% Increased
364
Private Advisor Group
Private Advisor Group
New Jersey
$147M +$39.7M 20 0.93% Increased
365
Great Lakes Advisors
Great Lakes Advisors
Illinois
$147M -$26.7M 15 2.28% Reduced
366
NSCM
New South Capital Management
Tennessee
$146M -$27.1M 2 5.09% Reduced
367
Thompson Siegel & Walmsley
Thompson Siegel & Walmsley
Virginia
$145M -$27.6M 20 2.09% Reduced
368
Rathbones Group
Rathbones Group
United Kingdom
$145M +$8.25M 10 1.56% Increased
369
Menora Mivtachim Holdings
Menora Mivtachim Holdings
Israel
$143M +$46.3M 2 2.1% Increased
370
Magnetar Financial
Magnetar Financial
Illinois
$143M +$38.5M 11 1.46% Increased
371
Fort Pitt Capital Group
Fort Pitt Capital Group
Pennsylvania
$142M +$5.54M 4 5.89% Increased
372
Cincinnati Insurance
Cincinnati Insurance
Ohio
$140M $0 2 2.85% Maintained
373
HC
Henshaw Capital
Massachusetts
$140M -$222K 15 8.72% Reduced
374
Assenagon Asset Management
Assenagon Asset Management
Luxembourg
$139M +$38.5M 19 0.45% Increased
375
Heard Capital LLC
Heard Capital LLC
Illinois
$139M +$36.7M 6 26.97% Increased