← 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
51	Hotchkis & Wiley Capital Management Los Angeles, California	$2.15B	-$168M	12	8.24%	Reduced
52	New York State Common Retirement Fund Albany, New York	$2.11B	-$34M	62	2.89%	Reduced
53	Putnam Investments Boston, Massachusetts	$2.09B	-$36.9M	26	3.65%	Reduced
54	RhumbLine Advisers Boston, Massachusetts	$1.99B	+$57.5M	61	2.67%	Increased
55	Bank of Montreal Toronto, Ontario, Canada	$1.96B	+$111M	52	0.85%	Increased
56	Raymond James & Associates St Petersburg, Florida	$1.87B	+$45.3M	52	1.71%	Increased
57	1832 Asset Management Toronto, Ontario, Canada	$1.8B	-$97.8M	16	2.99%	Reduced
58	California State Teachers Retirement System (CalSTRS) West Sacramento, California	$1.76B	+$14.1M	62	2.77%	Increased
59	Stifel Financial St. Louis, Missouri	$1.73B	+$43.9M	48	2.6%	Increased
60	Citadel Advisors Miami, Florida	$1.72B	+$201M	78	0.4%	Increased
61	Manulife (Manufacturers Life Insurance) Canada, Ontario, Canada	$1.66B	-$147M	55	1.04%	Reduced
62	Envestnet Asset Management Chicago, Illinois	$1.65B	+$55.3M	47	0.86%	Increased
63	Sanders Capital West Palm Beach, Florida	$1.62B	-$43.9M	1	4.25%	Reduced
64	Lord, Abbett & Co Jersey City, New Jersey	$1.6B	+$2.93M	14	5.71%	Increased
65	Credit Suisse Zurich, Switzerland	$1.47B	-$44.8M	68	1.56%	Reduced
66	Eagle Capital Management (New York) New York	$1.44B	-$91.4M	2	6.83%	Reduced
67	PNC Financial Services Group Pittsburgh, Pennsylvania	$1.44B	-$9.84M	58	1.38%	Reduced
68	Lazard Asset Management New York	$1.43B	-$56.4M	36	1.97%	Reduced
69	National Pension Service Jeonju-Si, Jeollabuk-Do, South Korea	$1.43B	+$27.4M	14	2.81%	Increased
70	Pzena Investment Management New York	$1.4B	-$50.1M	6	6.19%	Reduced
71	Citigroup New York	$1.37B	+$131M	70	1.09%	Increased
72	Primecap Management Pasadena, California	$1.35B	-$75.1M	10	1.23%	Reduced
73	Prudential Financial Newark, New Jersey	$1.35B	-$69.5M	48	2.27%	Reduced
74	D.E. Shaw & Co New York	$1.34B	-$162M	55	1.48%	Reduced
75	Balyasny Asset Management Chicago, Illinois	$1.26B	+$573M	36	3.44%	Increased