← 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
101
Caisse de Depot et Placement du Quebec (CDPQ)
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$957M +$98.6M 12 2.76% Increased
102
Baird Financial Group
Baird Financial Group
Wisconsin
$954M -$11.8M 34 2.6% Reduced
103
Mitsubishi UFJ Asset Management
Mitsubishi UFJ Asset Management
Japan
$941M +$97.4M 48 1.9% Increased
104
MCMC
Matrix Capital Management Company
New Hampshire
$923M $0 1 11.07% Maintained
105
Thrivent Financial for Lutherans
Thrivent Financial for Lutherans
Minnesota
$913M -$20.6M 45 2.17% Reduced
106
LSV Asset Management
LSV Asset Management
Illinois
$912M +$26.1M 17 2.12% Increased
107
William Blair Investment Management
William Blair Investment Management
Illinois
$911M -$10.2M 6 3.03% Reduced
108
Diamond Hill Capital Management
Diamond Hill Capital Management
Ohio
$871M -$7.64M 6 4.22% Reduced
109
Ensign Peak Advisors
Ensign Peak Advisors
Utah
$867M -$62.1M 42 1.85% Reduced
110
Marshall Wace
Marshall Wace
United Kingdom
$861M +$38.8M 32 1.74% Increased
111
Pzena Investment Management
Pzena Investment Management
New York
$857M -$115M 4 3.68% Reduced
112
Natixis Advisors
Natixis Advisors
Massachusetts
$855M +$11.6M 37 2.61% Increased
113
Canada Pension Plan Investment Board
Canada Pension Plan Investment Board
Ontario, Canada
$849M +$199M 19 1.24% Increased
114
Point72 Asset Management
Point72 Asset Management
Connecticut
$847M +$315M 36 2.47% Increased
115
TD Asset Management
TD Asset Management
Ontario, Canada
$837M -$40.4M 26 1.01% Reduced
116
State of Wisconsin Investment Board
State of Wisconsin Investment Board
Wisconsin
$826M -$77.5M 54 2.58% Reduced
117
WCM Investment Management
WCM Investment Management
California
$816M +$14.9M 6 2.4% Increased
118
Snyder Capital Management
Snyder Capital Management
California
$815M +$9.55M 8 18.38% Increased
119
Voloridge Investment Management
Voloridge Investment Management
Florida
$805M +$367M 29 3.97% Increased
120
Artisan Partners
Artisan Partners
Wisconsin
$765M -$225M 8 1.3% Reduced
121
Schroder Investment Management Group
Schroder Investment Management Group
United Kingdom
$757M -$35.3M 25 1.13% Reduced
122
Brown Advisory
Brown Advisory
Maryland
$751M +$235M 23 1.23% Increased
123
HighTower Advisors
HighTower Advisors
Illinois
$749M +$191M 44 1.41% Increased
124
Corient Private Wealth
Corient Private Wealth
Florida
$744M +$6.78M 36 1.71% Increased
125
Select Equity Group
Select Equity Group
New York
$735M -$241M 4 3.01% Reduced