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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
Advent International
Advent International
Massachusetts
$105M +$20.8M 1 0.93% Increased
402
Cetera Advisor Networks
Cetera Advisor Networks
California
$104M +$20.7M 21 1.29% Increased
403
O'Shaughnessy Asset Management
O'Shaughnessy Asset Management
Connecticut
$104M -$21.4M 23 1.95% Reduced
404
Stonegate Investment Group
Stonegate Investment Group
Alabama
$104M +$2.05M 8 4.75% Increased
405
Grantham, Mayo, Van Otterloo & Co (GMO)
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$103M +$11.1M 15 0.6% Increased
406
Resolution Capital
Resolution Capital
Australia
$103M +$52.7M 1 1.86% Increased
407
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$103M -$55.4M 21 0.5% Reduced
408
Xponance
Xponance
Pennsylvania
$103M +$13.9M 34 1.98% Increased
409
Bridgewater Associates
Bridgewater Associates
Connecticut
$102M -$44.5M 10 0.52% Reduced
410
Conning Inc
Conning Inc
Connecticut
$102M -$9.12M 9 3.61% Reduced
411
Kestra Advisory Services
Kestra Advisory Services
Texas
$102M +$4.67M 29 1.09% Increased
412
OMERS Administration Corp
OMERS Administration Corp
Ontario, Canada
$102M $0 1 1.69% Maintained
413
Daiwa Securities Group
Daiwa Securities Group
Japan
$101M +$1.76M 26 0.84% Increased
414
Tower Research Capital (TRC)
Tower Research Capital (TRC)
New York
$101M +$33.2M 90 1.64% Increased
415
Whittier Trust
Whittier Trust
California
$100M +$369K 32 2.1% Increased
416
Sumitomo Mitsui DS Asset Management
Sumitomo Mitsui DS Asset Management
Japan
$100M +$13.3M 19 2.29% Increased
417
AE Wealth Management
AE Wealth Management
Kansas
$98.6M -$1.42M 24 0.78% Reduced
418
DFO
Duquesne Family Office
New York
$98.2M +$8.9M 2 5.57% Increased
419
Burney Company
Burney Company
Virginia
$98M -$490K 14 5.41% Reduced
420
Thornburg Investment Management
Thornburg Investment Management
New Mexico
$97.7M -$185K 5 1.73% Reduced
421
ELC
Edgar Lomax Company
Virginia
$97M -$746K 3 6.7% Reduced
422
KP
Kiltearn Partners
United Kingdom
$95.5M -$9.2M 2 5.54% Reduced
423
SAM
Scopus Asset Management
New York
$95.4M +$52.2M 8 3.54% Increased
424
BOK Financial
BOK Financial
Oklahoma
$95.4M +$10.6M 17 1.93% Increased
425
MAI Capital Management
MAI Capital Management
Ohio
$95.1M +$4.25M 16 1.79% Increased