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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
76
Teachers Advisors
Teachers Advisors
New York
$1.31B +$1.18M 50 2.68% Increased
77
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$1.28B +$86.5M 59 1.93% Increased
78
TD Asset Management
TD Asset Management
Ontario, Canada
$1.25B -$22.3M 24 2.13% Reduced
79
Parametric Portfolio Associates
Parametric Portfolio Associates
Washington
$1.25B +$5.96M 51 2.81% Increased
80
Caisse de Depot et Placement du Quebec (CDPQ)
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$1.21B +$58.3M 14 3.31% Increased
81
RhumbLine Advisers
RhumbLine Advisers
Massachusetts
$1.17B -$41.1M 48 3.43% Reduced
82
State Farm Mutual Automobile Insurance
State Farm Mutual Automobile Insurance
Illinois
$1.12B $0 1 1.67% Maintained
83
State Board of Administration of Florida Retirement System
State Board of Administration of Florida Retirement System
Florida
$1.12B -$44.1M 45 3.54% Reduced
84
Lord, Abbett & Co
Lord, Abbett & Co
New Jersey
$1.1B -$83.7M 17 2.49% Reduced
85
Bank of Montreal
Bank of Montreal
Ontario, Canada
$1.09B -$11.4M 53 1.22% Reduced
86
First Eagle Investment Management
First Eagle Investment Management
New York
$1.08B -$276M 9 2.62% Reduced
87
State of Wisconsin Investment Board
State of Wisconsin Investment Board
Wisconsin
$1.06B -$13.2M 33 3.81% Reduced
88
Citadel Advisors
Citadel Advisors
Florida
$1.06B +$160M 46 1.21% Increased
89
Epoch Investment Partners
Epoch Investment Partners
New York
$1.05B -$144M 9 4.11% Reduced
90
Waddell & Reed Financial
Waddell & Reed Financial
Kansas
$1.01B +$23.4M 13 1.48% Increased
91
GAMCO Investors
GAMCO Investors
Connecticut
$985M +$1.37M 24 5.15% Increased
92
MTB
Mizuho Trust & Banking
Japan
$940M -$19.8M 16 3.36% Reduced
93
State of New Jersey Common Pension Fund D
State of New Jersey Common Pension Fund D
New Jersey
$915M +$927M 22 3.64% New
94
Royce & Associates
Royce & Associates
New York
$893M -$14.8M 34 2.66% Reduced
95
AQR Capital Management
AQR Capital Management
Connecticut
$885M +$74.9M 39 2.39% Increased
96
Harris Associates
Harris Associates
Illinois
$871M -$178M 4 1.47% Reduced
97
Columbia Wanger Asset Management
Columbia Wanger Asset Management
Illinois
$842M -$9.19M 6 3.38% Reduced
98
London Company of Virginia
London Company of Virginia
Virginia
$834M -$24.9M 5 9.11% Reduced
99
Susquehanna International Group
Susquehanna International Group
Pennsylvania
$829M -$4.94M 47 0.36% Reduced
100
Canada Life
Canada Life
Manitoba, Canada
$829M +$60.7M 45 2.72% Increased