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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
126
Pictet Asset Management
Pictet Asset Management
Switzerland
$958M +$74.8M 50 1.06% Increased
127
Holocene Advisors
Holocene Advisors
New York
$951M +$374M 16 2.77% Increased
128
LSV Asset Management
LSV Asset Management
Illinois
$942M -$11.2M 14 2.26% Reduced
129
Federated Hermes
Federated Hermes
Pennsylvania
$938M +$76M 45 2.02% Increased
130
Eagle Capital Management (New York)
Eagle Capital Management (New York)
New York
$933M +$53.3M 2 3.4% Increased
131
Edgewood Management
Edgewood Management
Connecticut
$908M +$453M 2 3.16% Increased
132
Toronto Dominion Bank
Toronto Dominion Bank
Ontario, Canada
$906M -$178M 31 1.77% Reduced
133
US Bancorp
US Bancorp
Minnesota
$898M +$7.06M 66 1.2% Increased
134
Blackstone Inc
Blackstone Inc
New York
$888M -$29.5M 3 3.69% Reduced
135
Lazard Asset Management
Lazard Asset Management
New York
$886M -$249M 46 1.36% Reduced
136
Unisphere Establishment
Unisphere Establishment
Liechtenstein
$882M $0 2 7.7% Maintained
137
ProShare Advisors
ProShare Advisors
Maryland
$880M +$53.7M 43 1.99% Increased
138
Capital Wealth Planning
Capital Wealth Planning
Florida
$875M +$81.3M 5 7.59% Increased
139
Rockefeller Capital Management
Rockefeller Capital Management
New York
$855M -$8.21M 28 2.11% Reduced
140
William Blair & Company
William Blair & Company
Illinois
$848M +$41.1M 32 2.56% Increased
141
Commonwealth Equity Services
Commonwealth Equity Services
Massachusetts
$847M +$22.4M 50 1.2% Increased
142
Wealth Enhancement Advisory Services
Wealth Enhancement Advisory Services
Minnesota
$845M +$43.1M 43 1.62% Increased
143
Fuller & Thaler Asset Management
Fuller & Thaler Asset Management
California
$841M +$192M 14 3.27% Increased
144
ARK Investment Management
ARK Investment Management
Florida
$822M -$159M 18 8.23% Reduced
145
Luther King Capital Management (LKCM)
Luther King Capital Management (LKCM)
Texas
$818M -$23.2M 19 3.78% Reduced
146
Trian Fund Management
Trian Fund Management
New York
$807M $0 1 21.59% Maintained
147
Stockbridge Partners
Stockbridge Partners
Massachusetts
$800M -$120M 1 17.7% Reduced
148
Westfield Capital Management
Westfield Capital Management
Massachusetts
$799M -$153M 7 3.89% Reduced
149
American Securities
American Securities
New York
$799M $0 1 100% Maintained
150
State Farm Mutual Automobile Insurance
State Farm Mutual Automobile Insurance
Illinois
$798M $0 1 0.73% Maintained