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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
Employees Retirement System of Texas
Employees Retirement System of Texas
Texas
$246M -$38.2M 16 2% Reduced
402
Vanguard Personalized Indexing Management
Vanguard Personalized Indexing Management
California
$244M +$45M 52 2.76% Increased
403
Steward Partners Investment Advisory
Steward Partners Investment Advisory
New York
$240M +$3.07M 63 1.88% Increased
404
Yousif Capital Management
Yousif Capital Management
Michigan
$239M -$2.99M 44 2.58% Reduced
405
Regions Financial Corp
Regions Financial Corp
Alabama
$239M -$8.68M 25 1.64% Reduced
406
HM Payson & Co
HM Payson & Co
Maine
$238M +$6.35M 25 3.77% Increased
407
Oppenheimer Asset Management
Oppenheimer Asset Management
New York
$238M -$10.5M 34 2.73% Reduced
408
Geneva Capital Management
Geneva Capital Management
Wisconsin
$237M +$29.6M 3 3.97% Increased
409
Riverbridge Partners
Riverbridge Partners
Minnesota
$234M -$25.7M 1 3.76% Reduced
410
OMERS Administration Corp
OMERS Administration Corp
Ontario, Canada
$233M -$48.8M 23 1.83% Reduced
411
ExodusPoint Capital Management
ExodusPoint Capital Management
New York
$230M +$67.6M 34 2.02% Increased
412
TD Waterhouse Canada
TD Waterhouse Canada
Ontario, Canada
$229M +$10.4M 39 1.64% Increased
413
Stonehage Fleming Financial Services
Stonehage Fleming Financial Services
Jersey
$229M +$32.1M 5 6.64% Increased
414
New York Life Investment Management
New York Life Investment Management
New York
$228M +$4.45M 17 2.14% Increased
415
Welch & Forbes
Welch & Forbes
Massachusetts
$228M -$768K 12 2.85% Reduced
416
Polar Capital Holdings
Polar Capital Holdings
United Kingdom
$228M +$12.2M 3 1.19% Increased
417
EP Wealth Advisors
EP Wealth Advisors
California
$227M +$15.1M 30 1.49% Increased
418
DFO
Duquesne Family Office
New York
$227M -$34.5M 3 5.58% Reduced
419
Midwest Trust
Midwest Trust
Kansas
$226M +$211M 13 3.14% New
420
Capital Fund Management (CFM)
Capital Fund Management (CFM)
France
$226M -$128M 18 0.62% Reduced
421
Wealthfront Advisers
Wealthfront Advisers
California
$225M +$9.74M 21 0.58% Increased
422
Quadrature Capital
Quadrature Capital
United Kingdom
$225M +$71.8M 31 3.87% Increased
423
Farallon Capital Management
Farallon Capital Management
California
$224M -$103M 1 0.94% Reduced
424
Empowered Funds
Empowered Funds
Pennsylvania
$223M +$45.6M 34 2.53% Increased
425
Hyperion Asset Management
Hyperion Asset Management
Australia
$223M -$42.3M 1 7.05% Reduced