← 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	State of Tennessee, Department of Treasury Nashville, Tennessee	$608M	-$8.93M	33	3.5%	Reduced
127	Axa Paris, France	$604M	-$107M	23	2.71%	Reduced
128	Homestead Advisers Arlington, Virginia	$600M	+$556M	8	10.73%	New
129	Hotchkis & Wiley Capital Management Los Angeles, California	$588M	-$50.3M	5	2.47%	Reduced
130	Raymond James & Associates St Petersburg, Florida	$583M	+$1.5M	29	1.97%	Increased
131	Ohio Public Employees Retirement System (OPERS) Columbus, Ohio	$580M	-$36.6M	42	3.81%	Reduced
132	Artemis Investment Management Edinburgh, United Kingdom	$568M	-$378M	8	14.29%	Reduced
133	Guggenheim Capital Chicago, Illinois	$562M	-$49.8M	43	1.77%	Reduced
134	Aristotle Capital Management Los Angeles, California	$559M	-$26.8M	5	6.49%	Reduced
135	D.E. Shaw & Co New York	$557M	-$249M	44	1%	Reduced
136	Barclays London, United Kingdom	$548M	-$91.9M	55	0.84%	Reduced
137	Amundi Asset Management US Boston, Massachusetts	$546M	-$79.4M	11	2.03%	Reduced
138	I.G. Investment Management Winnipeg, Manitoba, Canada	$545M	-$74M	15	2.2%	Reduced
139	Panagora Asset Management Boston, Massachusetts	$543M	-$163M	40	2.7%	Reduced
140	Citigroup New York	$543M	-$1.73M	68	0.61%	Reduced
141	Ruffer LLP London, United Kingdom	$536M	+$32.1M	6	22.38%	Increased
142	Thomaspartners Boston, Massachusetts	$527M	+$17.1M	6	7.57%	Increased
143	Thrivent Financial for Lutherans Minneapolis, Minnesota	$526M	+$12.4M	41	2.54%	Increased
144	Calamos Advisors Naperville, Illinois	$520M	+$21.5M	11	3.45%	Increased
145	TimesSquare Capital Management New York	$518M	+$65.6M	7	3.39%	Increased
146	Institutional Capital Chicago, Illinois	$516M	-$317M	3	5.49%	Reduced
147	Victory Capital Management San Antonio, Texas	$516M	+$37.6M	30	2.13%	Increased
148	Royce & Associates New York	$509M	-$35.6M	29	3.21%	Reduced
149	Brandywine Global Investment Management Philadelphia, Pennsylvania	$509M	-$113M	19	3.32%	Reduced
150	Pzena Investment Management New York	$508M	+$43.8M	2	3.12%	Increased