← 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

# Name Holding Trade Value Theme
Stocks
% of
Portfolio
Status
76
Prudential Financial
Prudential Financial
New Jersey
$1.39B -$215M 48 1.84% Reduced
77
Lord, Abbett & Co
Lord, Abbett & Co
New Jersey
$1.37B +$160M 13 3.64% Increased
78
Select Equity Group
Select Equity Group
New York
$1.29B -$76.9M 3 4.18% Reduced
79
National Pension Service
National Pension Service
South Korea
$1.27B +$39.3M 15 2.32% Increased
80
Barclays
Barclays
United Kingdom
$1.25B -$390M 68 0.98% Reduced
81
Truist Financial
Truist Financial
North Carolina
$1.22B -$18.3M 38 1.92% Reduced
82
Fisher Asset Management
Fisher Asset Management
Washington
$1.21B +$49.1M 19 0.71% Increased
83
1832 Asset Management
1832 Asset Management
Ontario, Canada
$1.21B +$309M 12 1.71% Increased
84
State Board of Administration of Florida Retirement System
State Board of Administration of Florida Retirement System
Florida
$1.2B -$25.1M 52 2.32% Reduced
85
Mackenzie Financial
Mackenzie Financial
Ontario, Canada
$1.2B +$80.1M 26 1.61% Increased
86
ACM
Atlanta Capital Management
Georgia
$1.17B +$5.5M 5 4.34% Increased
87
New York State Teachers Retirement System (NYSTRS)
New York State Teachers Retirement System (NYSTRS)
New York
$1.17B -$5.45M 40 2.39% Reduced
88
Citadel Advisors
Citadel Advisors
Florida
$1.14B -$304M 78 0.24% Reduced
89
Allspring Global Investments
Allspring Global Investments
North Carolina
$1.12B -$45.9M 51 1.41% Reduced
90
CIBC Private Wealth Group
CIBC Private Wealth Group
Georgia
$1.1B +$41.2M 22 2.4% Increased
91
Renaissance Technologies
Renaissance Technologies
New York
$1.08B -$34.4M 60 1.27% Reduced
92
State of Wisconsin Investment Board
State of Wisconsin Investment Board
Wisconsin
$1.05B -$81.5M 50 2.18% Reduced
93
Stockbridge Partners
Stockbridge Partners
Massachusetts
$1.01B $0 1 21.86% Maintained
94
VOYA Investment Management
VOYA Investment Management
Georgia
$1.01B -$29.9M 56 2.09% Reduced
95
Diamond Hill Capital Management
Diamond Hill Capital Management
Ohio
$982M +$42.3M 5 3.65% Increased
96
Kayne Anderson Rudnick Investment Management
Kayne Anderson Rudnick Investment Management
California
$974M +$91.8M 12 2.59% Increased
97
Russell Investments Group
Russell Investments Group
United Kingdom
$963M -$53.9M 54 1.68% Reduced
98
TD Asset Management
TD Asset Management
Ontario, Canada
$950M -$68M 28 0.87% Reduced
99
Amundi
Amundi
France
$934M -$202M 26 0.63% Reduced
100
Ensign Peak Advisors
Ensign Peak Advisors
Utah
$929M +$4.49M 47 1.89% Increased