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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
526
Boston Financial Management
Boston Financial Management
Massachusetts
$78.4M +$4.53M 7 3.15% Increased
527
Norinchukin Bank
Norinchukin Bank
Japan
$78.2M -$30.9M 13 1.68% Reduced
528
CF
Cypress Funds
California
$78.1M $0 1 13.6% Maintained
529
Gotham Asset Management
Gotham Asset Management
New York
$77.9M -$9.51M 27 2.19% Reduced
530
BNP Paribas Asset Management
BNP Paribas Asset Management
France
$77.8M -$49.3M 15 0.28% Reduced
531
Brandywine Global Investment Management
Brandywine Global Investment Management
Pennsylvania
$77.7M -$106M 10 0.61% Reduced
532
London & Capital Asset Management
London & Capital Asset Management
United Kingdom
$77.5M -$6.77M 2 7.14% Reduced
533
PIM
Platinum Investment Management
Australia
$77.4M -$3.12M 2 2.95% Reduced
534
Chartwell Investment Partners
Chartwell Investment Partners
Pennsylvania
$77.2M -$4.01M 10 3.05% Reduced
535
SFA
Spectrum Financial Alliance
Kentucky
$77.1M +$70.3M 3 38.97% New
536
WesBanco Bank
WesBanco Bank
West Virginia
$76.8M +$21.2M 14 3.43% Increased
537
USAA
United Services Automobile Association
Texas
$76.5M -$1.73M 10 1.75% Reduced
538
PHAM
Pacific Heights Asset Management
California
$76.4M -$758K 4 7.44% Reduced
539
Investment Management Corp of Ontario (IMCO)
Investment Management Corp of Ontario (IMCO)
Canada
$76M +$8.19M 5 3.71% Increased
540
Acadian Asset Management
Acadian Asset Management
Massachusetts
$75.8M +$15M 28 0.37% Increased
541
Carnegie Investment Counsel
Carnegie Investment Counsel
Ohio
$75.7M +$523K 12 3.25% Increased
542
Banque Pictet & Cie
Banque Pictet & Cie
Switzerland
$75.4M -$523K 6 0.79% Reduced
543
Clifford Swan Investment Counsel
Clifford Swan Investment Counsel
California
$75.2M -$2.94M 8 3.27% Reduced
544
CIC
Canal Insurance Company
South Carolina
$74.6M +$2.17M 10 20.38% Increased
545
AOI
Auto-Owners Insurance
Michigan
$74.3M +$69.7M 3 2.71% New
546
Meitav Investment House
Meitav Investment House
Israel
$74M -$15.1M 7 1.27% Reduced
547
Williams Jones Wealth Management
Williams Jones Wealth Management
New York
$73.7M +$2.88M 13 1.23% Increased
548
GGHC
Gilder Gagnon Howe & Co
New York
$73.6M +$1.47M 5 1.37% Increased
549
Douglass Winthrop Advisors
Douglass Winthrop Advisors
New York
$73.2M +$6.1M 8 2.01% Increased
550
Eastern Bank
Eastern Bank
Massachusetts
$72.5M -$438K 6 3.87% Reduced