← 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	$4.83B	-$53.2M	66	2.31%	Reduced
27	AllianceBernstein Nashville, Tennessee	$4.13B	-$220M	49	3.28%	Reduced
28	Legal & General Group London, United Kingdom	$3.84B	+$162M	54	3.26%	Increased
29	UBS Group Zurich, Switzerland	$3.82B	+$84.8M	74	2.08%	Increased
30	Capital International Investors Los Angeles, California	$3.74B	-$98.5M	9	5.08%	Reduced
31	Royal Bank of Canada Toronto, Ontario, Canada	$3.71B	+$318M	63	2%	Increased
32	Deutsche Bank Frankfurt Am Main Ge, Germany	$3.56B	+$73.3M	65	2.63%	Increased
33	Barrow, Hanley, Mewhinney & Strauss Dallas, Texas	$3.49B	-$276M	14	5.26%	Reduced
34	Charles Schwab San Francisco, California	$3.36B	+$200M	53	3.37%	Increased
35	AQR Capital Management Greenwich, Connecticut	$3.04B	+$304M	44	4.04%	Increased
36	Boston Partners Boston, Massachusetts	$3.01B	-$359M	22	3.85%	Reduced
37	UBS AM Chicago, Illinois	$2.73B	+$112M	43	2.79%	Increased
38	New York State Common Retirement Fund Albany, New York	$2.49B	-$16.6M	54	3.35%	Reduced
39	PNC Financial Services Group Pittsburgh, Pennsylvania	$2.48B	-$181M	54	2.74%	Reduced
40	Swiss National Bank Zurich, Switzerland	$2.48B	+$463M	45	3.08%	Increased
41	Principal Financial Group Des Moines, Iowa	$2.41B	+$52.6M	46	2.9%	Increased
42	Jennison Associates New York	$2.41B	-$402M	13	2.59%	Reduced
43	Sumitomo Mitsui Trust Group Minato-Ku, Tokyo, Japan	$2.3B	-$12.9M	15	3.56%	Reduced
44	OppenheimerFunds New York	$2.23B	-$49.4M	44	2.7%	Reduced
45	American Century Companies Kansas City, Missouri	$2.22B	+$135M	28	2.3%	Increased
46	California Public Employees Retirement System Sacramento, California	$2.16B	-$57M	62	3.52%	Reduced
47	Prudential Financial Newark, New Jersey	$2.1B	+$4.44M	45	3.27%	Increased
48	Trian Fund Management New York	$2.06B	+$47.1M	1	15.42%	Increased
49	Teachers Advisors New York	$2.05B	+$17.4M	52	2.99%	Increased
50	Credit Suisse Zurich, Switzerland	$2.05B	-$38.3M	52	1.85%	Reduced