← 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	US Bancorp Minneapolis, Minnesota	$531M	+$613K	55	1.39%	Increased
127	AP Altarock Partners West Palm Beach, Florida	$527M	+$69M	1	27.02%	Increased
128	Baupost Group Boston, Massachusetts	$527M	$0	1	6.58%	Maintained
129	Coatue Management New York	$525M	+$441M	2	4.62%	New
130	Baird Financial Group Milwaukee, Wisconsin	$515M	+$28.7M	24	1.94%	Increased
131	AGF Investments Inc Toronto, Ontario, Canada	$510M	-$31M	15	5.38%	Reduced
132	State of New Jersey Common Pension Fund D Trenton, New Jersey	$507M	+$41.8M	32	2.12%	Increased
133	Alkeon Capital Management New York	$506M	+$47.5M	5	1.28%	Increased
134	Waddell & Reed Financial Overland Park, Kansas	$500M	-$144M	7	1.29%	Reduced
135	Canada Pension Plan Investment Board Toronto Ontario, Ontario, Canada	$499M	+$111M	29	1.06%	Increased
136	Glenmede Trust Philadelphia, Pennsylvania	$488M	+$25.5M	50	2.98%	Increased
137	Retirement Systems of Alabama Montgomery, Alabama	$486M	-$31.5M	26	2.35%	Reduced
138	CIBC Private Wealth Group Atlanta, Georgia	$485M	-$94.5M	9	2.36%	Reduced
139	Aperio Group Sausalito, California	$485M	-$7.52M	47	1.79%	Reduced
140	MCMC Matrix Capital Management Company Portsmouth, New Hampshire	$484M	+$87.6M	1	7.55%	Increased
141	Diamond Hill Capital Management Columbus, Ohio	$483M	-$179M	2	2.85%	Reduced
142	SEI Investments Oaks, Pennsylvania	$477M	-$13.4M	46	1.48%	Reduced
143	Frontier Capital Management Boston, Massachusetts	$472M	-$207M	9	4.18%	Reduced
144	Jane Street New York	$472M	+$175M	51	0.35%	Increased
145	Robeco Institutional Asset Management Rotterdam, Netherlands	$460M	-$150M	26	1.56%	Reduced
146	BP Berkshire Partners Boston, Massachusetts	$452M	+$42.6M	1	51.07%	Increased
147	Eagle Asset Management St Petersburg, Florida	$447M	-$260M	12	2.54%	Reduced
148	Mackenzie Financial Toronto Ontario, Ontario, Canada	$443M	-$25.1M	21	1.19%	Reduced
149	APG Asset Management Amsterdam, Netherlands	$436M	-$33.7M	13	0.79%	Reduced
150	Ohio Public Employees Retirement System (OPERS) Columbus, Ohio	$423M	+$8.68M	47	2.41%	Increased