← 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
LPL Financial
LPL Financial
California
$1.93B +$180M 71 0.78% Increased
77
New York State Common Retirement Fund
New York State Common Retirement Fund
New York
$1.92B -$13.9M 69 2.57% Reduced
78
SEI Investments
SEI Investments
Pennsylvania
$1.9B +$96.1M 57 2.43% Increased
79
Primecap Management
Primecap Management
California
$1.87B -$63.2M 11 1.45% Reduced
80
Victory Capital Management
Victory Capital Management
Texas
$1.83B -$292M 55 1.8% Reduced
81
EARNEST Partners
EARNEST Partners
Georgia
$1.83B -$17.5M 13 8.17% Reduced
82
Brown Advisory
Brown Advisory
Maryland
$1.79B -$86.6M 34 2.27% Reduced
83
National Bank of Canada
National Bank of Canada
Quebec, Canada
$1.77B +$415M 47 1.88% Increased
84
Qube Research & Technologies (QRT)
Qube Research & Technologies (QRT)
United Kingdom
$1.74B -$170M 50 2.28% Reduced
85
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$1.73B -$10.6M 55 1.5% Reduced
86
Allspring Global Investments
Allspring Global Investments
North Carolina
$1.66B -$103M 38 2.65% Reduced
87
Two Sigma Advisers
Two Sigma Advisers
New York
$1.62B +$219M 51 3.74% Increased
88
Caisse de Depot et Placement du Quebec (CDPQ)
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$1.61B +$340M 15 3.35% Increased
89
PNC Financial Services Group
PNC Financial Services Group
Pennsylvania
$1.6B +$56M 62 1.07% Increased
90
Baird Financial Group
Baird Financial Group
Wisconsin
$1.53B +$21.2M 38 2.92% Increased
91
Mirae Asset Global ETFs Holdings
Mirae Asset Global ETFs Holdings
Hong Kong
$1.46B +$216M 62 3.09% Increased
92
Lord, Abbett & Co
Lord, Abbett & Co
New Jersey
$1.44B -$22M 20 4.55% Reduced
93
Susquehanna International Group
Susquehanna International Group
Pennsylvania
$1.37B +$350M 83 0.21% Increased
94
Marshall Wace
Marshall Wace
United Kingdom
$1.36B +$175M 47 1.63% Increased
95
Natixis Advisors
Natixis Advisors
Massachusetts
$1.35B +$36.6M 42 2.53% Increased
96
Prudential Financial
Prudential Financial
New Jersey
$1.35B +$32.2M 51 1.85% Increased
97
State Board of Administration of Florida Retirement System
State Board of Administration of Florida Retirement System
Florida
$1.35B +$9.53M 51 2.57% Increased
98
Schroder Investment Management Group
Schroder Investment Management Group
United Kingdom
$1.3B -$8.12M 25 1.25% Reduced
99
Balyasny Asset Management
Balyasny Asset Management
Illinois
$1.3B +$282M 42 1.93% Increased
100
WCM Investment Management
WCM Investment Management
California
$1.29B -$257M 8 3.04% Reduced