← 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
126
Guggenheim Capital
Guggenheim Capital
Illinois
$681M -$60.2M 45 1.68% Reduced
127
Stifel Financial
Stifel Financial
Missouri
$677M +$46.8M 31 3.5% Increased
128
Canada Pension Plan Investment Board
Canada Pension Plan Investment Board
Ontario, Canada
$670M +$350M 22 2.19% Increased
129
Gotham Asset Management
Gotham Asset Management
New York
$668M +$43.1M 26 5.59% Increased
130
Comerica Bank
Comerica Bank
Texas
$668M +$335M 41 2.87% Increased
131
Diamond Hill Capital Management
Diamond Hill Capital Management
Ohio
$651M +$21.7M 2 4.32% Increased
132
Retirement Systems of Alabama
Retirement Systems of Alabama
Alabama
$630M -$5.06M 22 3.42% Reduced
133
Fred Alger Management
Fred Alger Management
New York
$624M +$10.2M 9 2.81% Increased
134
Chevy Chase Trust
Chevy Chase Trust
Maryland
$620M +$4.83M 12 3.71% Increased
135
Amundi Asset Management US
Amundi Asset Management US
Massachusetts
$612M -$135M 9 2.24% Reduced
136
Columbia Wanger Asset Management
Columbia Wanger Asset Management
Illinois
$611M -$56.9M 6 3.93% Reduced
137
Ohio Public Employees Retirement System (OPERS)
Ohio Public Employees Retirement System (OPERS)
Ohio
$604M -$7.56M 40 3.48% Reduced
138
1832 Asset Management
1832 Asset Management
Ontario, Canada
$599M +$198M 10 2.03% Increased
139
William Blair & Company
William Blair & Company
Illinois
$595M +$21M 21 0.89% Increased
140
Burgundy Asset Management
Burgundy Asset Management
Ontario, Canada
$594M +$108M 5 6.46% Increased
141
Artisan Partners
Artisan Partners
Wisconsin
$584M +$72.5M 7 1.08% Increased
142
National Rural Electric Cooperative Association
National Rural Electric Cooperative Association
Virginia
$579M -$377K 9 9.56% Reduced
143
Renaissance Technologies
Renaissance Technologies
New York
$567M -$209M 54 1.29% Reduced
144
First Manhattan
First Manhattan
New York
$560M +$23.3M 18 3.31% Increased
145
Aristotle Capital Management
Aristotle Capital Management
California
$553M +$6.16M 6 6.51% Increased
146
First Pacific Advisors
First Pacific Advisors
California
$541M -$1.15M 4 4.41% Reduced
147
Bessemer Group
Bessemer Group
New Jersey
$539M +$4.1M 21 2.82% Increased
148
Eagle Asset Management
Eagle Asset Management
Florida
$539M +$8.09M 13 3.02% Increased
149
Acadian Asset Management
Acadian Asset Management
Massachusetts
$537M -$245M 23 2.6% Reduced
150
Artemis Investment Management
Artemis Investment Management
United Kingdom
$526M +$262M 6 17.05% Increased
4 5
6
7 8