← 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
101	Fiduciary Management Inc Milwaukee, Wisconsin	$838M	+$4.16M	2	4.64%	Increased
102	Davis Selected Advisers Tucson, Arizona	$829M	+$842M	5	3.44%	Increased
103	Credit Agricole Montrouge Cedex, France	$802M	+$48M	22	3.98%	Increased
104	GAMCO Investors Greenwich, Connecticut	$798M	-$47M	25	5.25%	Reduced
105	Brandywine Global Investment Management Philadelphia, Pennsylvania	$788M	+$115M	24	5.14%	Increased
106	Westwood Holdings Group Dallas, Texas	$763M	+$146M	12	6.61%	Increased
107	STRS Ohio Columbus, Ohio	$762M	-$519K	30	3.63%	Reduced
108	USAA United Services Automobile Association San Antonio, Texas	$741M	+$24.5M	25	2.77%	Increased
109	Prudential plc London, England, United Kingdom	$735M	+$35.3M	13	3.14%	Increased
110	Dodge & Cox San Francisco, California	$734M	-$109M	4	0.74%	Reduced
111	Canada Life Winnipeg, Manitoba, Canada	$723M	-$29.5M	46	2.83%	Reduced
112	State of New Jersey Common Pension Fund D Trenton, New Jersey	$712M	-$98.9M	21	3.02%	Reduced
113	Panagora Asset Management Boston, Massachusetts	$699M	+$63.8M	42	3.69%	Increased
114	D.E. Shaw & Co New York	$698M	-$216M	40	1.03%	Reduced
115	NFA Nationwide Fund Advisors Columbus, Ohio	$696M	+$5.48M	55	3.12%	Increased
116	Artemis Investment Management Edinburgh, United Kingdom	$686M	+$155M	7	20.25%	Increased
117	Artisan Partners Milwaukee, Wisconsin	$674M	+$208M	8	1.37%	Increased
118	I.G. Investment Management Winnipeg, Manitoba, Canada	$667M	-$11.1M	16	2.8%	Reduced
119	US Bancorp Minneapolis, Minnesota	$665M	-$8.17M	54	2.79%	Reduced
120	Hotchkis & Wiley Capital Management Los Angeles, California	$648M	+$25.1M	5	2.59%	Increased
121	Axa Paris, France	$636M	-$38.8M	24	2.61%	Reduced
122	Stifel Financial St. Louis, Missouri	$624M	+$12M	28	3.51%	Increased
123	Fidelity International Hamilton, Bermuda	$617M	+$199M	9	2.15%	Increased
124	Burgundy Asset Management Toronto, Ontario, Canada	$613M	+$64M	5	6.84%	Increased
125	Longview Partners St Peter Port, Guernsey	$612M	-$2.29M	1	4.32%	Reduced