← 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
New York State Teachers Retirement System (NYSTRS)
New York State Teachers Retirement System (NYSTRS)
New York
$1.17B -$45.3M 39 2.43% Reduced
102
Two Sigma Advisers
Two Sigma Advisers
New York
$1.16B +$232M 44 2.69% Increased
103
Adage Capital Partners
Adage Capital Partners
Massachusetts
$1.14B +$13.8M 21 2.16% Increased
104
Jane Street
Jane Street
New York
$1.14B -$485M 76 0.24% Reduced
105
State Board of Administration of Florida Retirement System
State Board of Administration of Florida Retirement System
Florida
$1.1B +$23.4M 50 2.58% Increased
106
Balyasny Asset Management
Balyasny Asset Management
Illinois
$1.07B -$119M 41 1.87% Reduced
107
Caisse de Depot et Placement du Quebec (CDPQ)
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$1.06B +$65.6M 15 2.54% Increased
108
Ensign Peak Advisors
Ensign Peak Advisors
Utah
$1.05B -$30.6M 41 1.93% Reduced
109
State of Wisconsin Investment Board
State of Wisconsin Investment Board
Wisconsin
$1.05B -$18M 50 2.76% Reduced
110
Truist Financial
Truist Financial
North Carolina
$1.03B +$1.02M 40 1.57% Increased
111
Diamond Hill Capital Management
Diamond Hill Capital Management
Ohio
$1.03B -$55.5M 6 4.21% Reduced
112
BNP Paribas Financial Markets
BNP Paribas Financial Markets
France
$1.03B +$111M 51 0.9% Increased
113
Point72 Asset Management
Point72 Asset Management
Connecticut
$1.02B +$73.4M 32 2.48% Increased
114
Thrivent Financial for Lutherans
Thrivent Financial for Lutherans
Minnesota
$975M -$101M 44 1.96% Reduced
115
Corient Private Wealth
Corient Private Wealth
Florida
$962M -$174M 39 1.71% Reduced
116
Schroder Investment Management Group
Schroder Investment Management Group
United Kingdom
$958M +$28.6M 26 1.13% Increased
117
Stockbridge Partners
Stockbridge Partners
Massachusetts
$948M -$286M 1 19.54% Reduced
118
National Bank of Canada
National Bank of Canada
Quebec, Canada
$941M +$232M 44 1.44% Increased
119
TD Asset Management
TD Asset Management
Ontario, Canada
$930M -$47.5M 29 0.87% Reduced
120
Bessemer Group
Bessemer Group
New Jersey
$911M +$31.2M 42 1.65% Increased
121
AL
AIP LLC
New York
$886M $0 1 82.17% Maintained
122
Marshall Wace
Marshall Wace
United Kingdom
$867M -$142M 32 1.32% Reduced
123
Susquehanna International Group
Susquehanna International Group
Pennsylvania
$858M -$288M 73 0.15% Reduced
124
Korea Investment Corp
Korea Investment Corp
South Korea
$858M -$34.4M 19 2.18% Reduced
125
US Bancorp
US Bancorp
Minnesota
$834M -$18.5M 58 1.16% Reduced