← 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
76	Viking Global Investors Stamford, Connecticut	$1.44B	+$370M	2	4.37%	Increased
77	D.E. Shaw & Co New York	$1.43B	-$173M	64	1.24%	Reduced
78	PNC Financial Services Group Pittsburgh, Pennsylvania	$1.4B	-$86.1M	59	1.27%	Reduced
79	Amundi Paris, France	$1.34B	+$1.35B	27	0.93%	New
80	EARNEST Partners Atlanta, Georgia	$1.31B	+$92.7M	34	7.7%	Increased
81	Adage Capital Partners Boston, Massachusetts	$1.29B	-$221M	24	2.54%	Reduced
82	Harris Associates Chicago, Illinois	$1.27B	+$14.7M	4	2.03%	Increased
83	State Board of Administration of Florida Retirement System Tallahassee, Florida	$1.27B	+$2.11M	52	2.4%	Increased
84	Barrow, Hanley, Mewhinney & Strauss Dallas, Texas	$1.23B	-$119M	8	3.94%	Reduced
85	New York State Teachers Retirement System (NYSTRS) Albany, New York	$1.2B	-$51.4M	41	2.51%	Reduced
86	Tiger Global Management New York	$1.2B	$0	2	2.23%	Maintained
87	Envestnet Asset Management Chicago, Illinois	$1.15B	+$68.8M	51	0.65%	Increased
88	Mackenzie Financial Toronto Ontario, Ontario, Canada	$1.11B	+$188M	20	1.55%	Increased
89	ACM Atlanta Capital Management Atlanta, Georgia	$1.11B	-$4.94M	5	3.84%	Reduced
90	Truist Financial Charlotte, North Carolina	$1.09B	-$5.08M	35	1.79%	Reduced
91	State of Wisconsin Investment Board Madison, Wisconsin	$1.08B	-$31.4M	46	2.23%	Reduced
92	Lord, Abbett & Co Jersey City, New Jersey	$1.07B	+$316M	11	2.59%	Increased
93	National Pension Service Jeonju-Si, Jeollabuk-Do, South Korea	$1.04B	-$138M	14	1.98%	Reduced
94	HSBC Holdings London, United Kingdom	$1.03B	-$210M	44	1.1%	Reduced
95	Stockbridge Partners Boston, Massachusetts	$1.01B	$0	1	21.41%	Maintained
96	Ensign Peak Advisors Salt Lake City, Utah	$996M	+$26M	44	2.01%	Increased
97	Kayne Anderson Rudnick Investment Management Los Angeles, California	$994M	-$93.6M	10	2.45%	Reduced
98	CIBC Private Wealth Group Atlanta, Georgia	$985M	-$2.35M	16	2.26%	Reduced
99	William Blair Investment Management Chicago, Illinois	$976M	-$47.8M	13	3.06%	Reduced
100	Diamond Hill Capital Management Columbus, Ohio	$967M	+$22.6M	3	3.67%	Increased