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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
Russell Investments Group
Russell Investments Group
United Kingdom
$1.97B +$164M 86 2.12% Increased
102
Prudential Financial
Prudential Financial
New Jersey
$1.96B -$221M 57 2.41% Reduced
103
Thrivent Financial for Lutherans
Thrivent Financial for Lutherans
Minnesota
$1.9B +$187M 49 3.63% Increased
104
Abrams Capital Management
Abrams Capital Management
Massachusetts
$1.84B $0 1 39.59% Maintained
105
State Board of Administration of Florida Retirement System
State Board of Administration of Florida Retirement System
Florida
$1.79B -$16.3M 56 3.36% Reduced
106
Balyasny Asset Management
Balyasny Asset Management
Illinois
$1.77B +$253M 51 2.29% Increased
107
Adage Capital Partners
Adage Capital Partners
Massachusetts
$1.77B -$148M 21 2.72% Reduced
108
Holocene Advisors
Holocene Advisors
New York
$1.76B +$263M 19 4.24% Increased
109
Federated Hermes
Federated Hermes
Pennsylvania
$1.75B +$243M 58 2.84% Increased
110
Allianz Asset Management
Allianz Asset Management
Germany
$1.72B +$448M 36 1.8% Increased
111
Allspring Global Investments
Allspring Global Investments
North Carolina
$1.71B +$2.49M 46 2.86% Increased
112
Nomura Asset Management International
Nomura Asset Management International
Pennsylvania
$1.69B -$104M 37 2.89% Reduced
113
Quantinno Capital Management
Quantinno Capital Management
New York
$1.69B +$323M 67 2.82% Increased
114
New York State Teachers Retirement System (NYSTRS)
New York State Teachers Retirement System (NYSTRS)
New York
$1.68B -$2.21M 45 3.42% Reduced
115
Caisse de Depot et Placement du Quebec (CDPQ)
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$1.66B +$138M 20 2.67% Increased
116
Mackenzie Financial
Mackenzie Financial
Ontario, Canada
$1.66B +$229M 34 1.99% Increased
117
Point72 Asset Management
Point72 Asset Management
Connecticut
$1.64B +$363M 47 2.1% Increased
118
Marshall Wace
Marshall Wace
United Kingdom
$1.62B -$169M 72 1.62% Reduced
119
Clal Insurance
Clal Insurance
Israel
$1.56B +$166M 9 9.37% Increased
120
State of Wisconsin Investment Board
State of Wisconsin Investment Board
Wisconsin
$1.55B +$104M 65 3.54% Increased
121
Bessemer Group
Bessemer Group
New Jersey
$1.53B +$189M 57 2.41% Increased
122
Winslow Capital Management
Winslow Capital Management
Minnesota
$1.52B +$855M 3 5.94% Increased
123
Vident Advisory
Vident Advisory
Georgia
$1.51B +$113M 60 12.81% Increased
124
Aviva
Aviva
United Kingdom
$1.49B +$73.2M 22 2.5% Increased
125
Squarepoint
Squarepoint
New York
$1.48B -$40.2M 68 1.74% Reduced