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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
401
WorldQuant Millennium Advisors
WorldQuant Millennium Advisors
New York
$119M -$21.7M 8 2.53% Reduced
402
SW
SVB Wealth
Massachusetts
$119M +$5.32M 14 1.65% Increased
403
BNP Paribas Asset Management
BNP Paribas Asset Management
France
$119M +$3.12M 13 0.49% Increased
404
TIAA FSB
TIAA FSB
Florida
$119M +$5.86M 7 0.42% Increased
405
Marshall Wace
Marshall Wace
United Kingdom
$118M +$22M 32 0.54% Increased
406
D.A. Davidson & Co
D.A. Davidson & Co
Montana
$118M +$14.7M 15 1.51% Increased
407
Norinchukin Bank
Norinchukin Bank
Japan
$118M +$29.7M 14 1.63% Increased
408
NI
Natural Investments
California
$117M -$206M 1 23.03% Reduced
409
IAM
Iridian Asset Management
Connecticut
$116M -$31.8M 2 1.99% Reduced
410
Whittier Trust
Whittier Trust
California
$116M -$7.01M 30 2.26% Reduced
411
Carson Wealth (CWM LLC)
Carson Wealth (CWM LLC)
Nebraska
$115M +$544K 44 0.92% Increased
412
Altshuler Shaham
Altshuler Shaham
Israel
$113M +$108M 7 1.14% Increased
413
Ferguson Wellman Capital Management
Ferguson Wellman Capital Management
Oregon
$113M -$41.3M 12 3.93% Reduced
414
Reinhart Partners
Reinhart Partners
Wisconsin
$112M +$8.52M 4 5.84% Increased
415
Geneva Capital Management
Geneva Capital Management
Wisconsin
$112M +$19.2M 3 1.91% Increased
416
Welch & Forbes
Welch & Forbes
Massachusetts
$111M +$1.22M 12 2.05% Increased
417
Bartlett & Co
Bartlett & Co
Ohio
$111M +$1.79M 17 2.23% Increased
418
Bartlett & Co Wealth Management
Bartlett & Co Wealth Management
Ohio
$111M +$1.79M 17 2.23% Increased
419
Avalon Investment & Advisory
Avalon Investment & Advisory
Texas
$111M -$7.8M 7 2.54% Reduced
420
Man Group
Man Group
United Kingdom
$111M -$14.2M 27 0.49% Reduced
421
Scotia Capital
Scotia Capital
Ontario, Canada
$110M +$12.3M 12 0.9% Increased
422
Rubric Capital Management (New York)
Rubric Capital Management (New York)
New York
$110M +$34.4M 3 6.41% Increased
423
Menora Mivtachim Holdings
Menora Mivtachim Holdings
Israel
$110M +$8.6M 3 1.8% Increased
424
Disciplined Growth Investors
Disciplined Growth Investors
Minnesota
$109M -$14.5M 1 2.21% Reduced
425
Tudor Investment Corp
Tudor Investment Corp
Connecticut
$109M +$8.75M 26 2.19% Increased