← All themes

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

Defense Tech & C4ISR Drones & Counter-Drone Military Shipbuilding Munitions Restocking

#	Name	Holding	Trade Value	Theme Stocks	% of Portfolio	Status
26	Dimensional Fund Advisors Austin, Texas	$4.51B	+$145M	65	2.7%	Increased
27	Barrow, Hanley, Mewhinney & Strauss Dallas, Texas	$4.41B	+$142M	18	6.74%	Increased
28	Longview Asset Management (Illinois) Chicago, Illinois	$4.38B	+$131K	1	92.7%	Increased
29	Norges Bank Oslo, Norway	$4.25B	+$113M	39	2.09%	Increased
30	AllianceBernstein Nashville, Tennessee	$3.97B	+$385M	45	3.37%	Increased
31	Deutsche Bank Frankfurt Am Main Ge, Germany	$3.72B	-$302M	64	2.8%	Reduced
32	Capital International Investors Los Angeles, California	$3.47B	+$269M	9	5.32%	Increased
33	UBS Group Zurich, Switzerland	$3.46B	+$264M	71	2.31%	Increased
34	BlackRock Advisors Wilmington, Delaware	$3.37B	+$254M	61	3.54%	Increased
35	Legal & General Group London, United Kingdom	$3.27B	+$8.77M	51	3.62%	Increased
36	Royal Bank of Canada Toronto, Ontario, Canada	$3.11B	+$1.22M	59	1.94%	Increased
37	Boston Partners Boston, Massachusetts	$2.97B	-$601M	24	4.38%	Reduced
38	PNC Financial Services Group Pittsburgh, Pennsylvania	$2.72B	-$91.4M	52	3.18%	Reduced
39	BlackRock Investment Management Wilmington, Delaware	$2.65B	+$115M	62	3.45%	Increased
40	Charles Schwab San Francisco, California	$2.64B	-$6.01M	52	3.47%	Reduced
41	UBS AM Chicago, Illinois	$2.43B	-$28.6M	47	2.82%	Reduced
42	Trian Fund Management New York	$2.36B	-$104M	1	22.73%	Reduced
43	ClearBridge Investments New York	$2.3B	-$125M	16	2.74%	Reduced
44	OppenheimerFunds New York	$2.28B	-$88.6M	40	3.03%	Reduced
45	California Public Employees Retirement System Sacramento, California	$2.26B	-$41.4M	62	3.65%	Reduced
46	New York State Common Retirement Fund Albany, New York	$2.26B	-$37.3M	53	3.45%	Reduced
47	Fisher Asset Management Camas, Washington	$2.16B	+$8.8M	14	4.11%	Increased
48	Sumitomo Mitsui Trust Group Minato-Ku, Tokyo, Japan	$2.14B	+$43.2M	14	3.74%	Increased
49	GE General Electric Evendale, Ohio	$2.03B	-$399M	6	10.39%	Reduced
50	Harris Associates Chicago, Illinois	$2.02B	-$112M	3	3.79%	Reduced