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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
551
Campbell Newman Asset Management
Campbell Newman Asset Management
Wisconsin
$68.5M +$236K 6 7.78% Increased
552
R.H. Bluestein & Co
R.H. Bluestein & Co
Michigan
$68.3M +$1.3M 12 3.04% Increased
553
Rubric Capital Management (New York)
Rubric Capital Management (New York)
New York
$68.2M +$13M 2 5.01% Increased
554
Pacer Advisors
Pacer Advisors
Pennsylvania
$68.1M -$4.27M 31 1.28% Reduced
555
Kovitz Investment Group Partners
Kovitz Investment Group Partners
Illinois
$68.1M +$14M 7 1.66% Increased
556
Wolverine Trading
Wolverine Trading
Illinois
$68M -$162K 23 0.11% Reduced
557
Beacon Investment Advisory Services
Beacon Investment Advisory Services
New Jersey
$67.8M -$3.15M 9 3.13% Reduced
558
ANI
American National Insurance
Texas
$67.2M +$3.8M 6 2.87% Increased
559
Equity Investment Corp
Equity Investment Corp
Georgia
$67.1M +$8.35M 1 3.13% Increased
560
DUMAC Inc
DUMAC Inc
North Carolina
$66.6M +$50.6M 1 51.92% New
561
Stack Financial Management
Stack Financial Management
Montana
$66.1M +$7.17M 3 5.82% Increased
562
Cetera Investment Advisers
Cetera Investment Advisers
Illinois
$66M +$45.5M 23 1.31% Increased
563
R.M. Davis Inc
R.M. Davis Inc
Maine
$65.8M -$2.95M 8 1.89% Reduced
564
Sprucegrove Investment Management
Sprucegrove Investment Management
Ontario, Canada
$65.7M +$48.7M 1 1.7% Increased
565
Welch Group
Welch Group
Alabama
$64.8M +$1.94M 4 5.2% Increased
566
Willis Investment Counsel
Willis Investment Counsel
Georgia
$64.8M +$23.9M 5 4.43% Increased
567
Lansdowne Partners (UK)
Lansdowne Partners (UK)
United Kingdom
$64.8M +$53.9M 1 2.1% New
568
Fiduciary Trust
Fiduciary Trust
Massachusetts
$64.5M +$4.61M 12 1.34% Increased
569
IFM Investors
IFM Investors
Australia
$64.4M +$5.55M 17 2.05% Increased
570
HRT Financial
HRT Financial
New York
$64.1M +$25.8M 28 1.29% Increased
571
Banque Pictet & Cie
Banque Pictet & Cie
Switzerland
$63.2M +$2.17M 5 0.86% Increased
572
Sit Investment Associates
Sit Investment Associates
Minnesota
$63.2M -$5.04M 13 1.71% Reduced
573
Northwestern Mutual Investment Management Company
Northwestern Mutual Investment Management Company
Wisconsin
$62.8M +$189K 27 0.82% Increased
574
Giverny Capital
Giverny Capital
Quebec, Canada
$62.8M +$1.3M 1 4.81% Increased
575
Railway Pension Investments
Railway Pension Investments
United Kingdom
$62.6M +$3.48M 3 0.6% Increased