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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
ARK Investment Management
ARK Investment Management
Florida
$1.15B -$162M 18 8.41% Reduced
127
Corient Private Wealth
Corient Private Wealth
Florida
$1.15B -$50.2M 46 1.53% Reduced
128
Truist Financial
Truist Financial
North Carolina
$1.14B +$1.16M 46 1.67% Increased
129
Vident Advisory
Vident Advisory
Georgia
$1.14B +$197M 45 12.8% Increased
130
Kayne Anderson Rudnick Investment Management
Kayne Anderson Rudnick Investment Management
California
$1.13B -$11M 28 2.71% Reduced
131
Artisan Partners
Artisan Partners
Wisconsin
$1.11B +$119M 10 1.62% Increased
132
Aviva
Aviva
United Kingdom
$1.1B +$136M 20 2.26% Increased
133
William Blair & Company
William Blair & Company
Illinois
$1.09B +$56.4M 37 3.03% Increased
134
1832 Asset Management
1832 Asset Management
Ontario, Canada
$1.09B -$219M 15 0.85% Reduced
135
Holocene Advisors
Holocene Advisors
New York
$1.09B +$3.6M 19 2.65% Increased
136
WPL
WINDACRE PARTNERSHIP LLC
Texas
$1.08B -$13.1M 1 14.85% Reduced
137
Rockefeller Capital Management
Rockefeller Capital Management
New York
$1.08B +$16.8M 30 2.37% Increased
138
Point72 Asset Management
Point72 Asset Management
Connecticut
$1.06B -$490M 33 2.09% Reduced
139
American Securities
American Securities
New York
$1.06B +$23.7M 1 100% Increased
140
Edgewood Management
Edgewood Management
Connecticut
$1.06B +$57.4M 2 3.38% Increased
141
Driehaus Capital Management
Driehaus Capital Management
Illinois
$1.06B +$322M 24 8.49% Increased
142
Unisphere Establishment
Unisphere Establishment
Liechtenstein
$1.06B +$70.8M 2 8.54% Increased
143
Aberdeen Group
Aberdeen Group
United Kingdom
$1.04B +$56M 20 1.77% Increased
144
Trian Fund Management
Trian Fund Management
New York
$1.04B $0 1 27.36% Maintained
145
Commonwealth Equity Services
Commonwealth Equity Services
Massachusetts
$1.03B +$893K 56 1.37% Increased
146
State Farm Mutual Automobile Insurance
State Farm Mutual Automobile Insurance
Illinois
$1.03B $0 1 0.91% Maintained
147
US Bancorp
US Bancorp
Minnesota
$1.02B -$3.82M 69 1.29% Reduced
148
Jane Street
Jane Street
New York
$1B +$250M 66 0.2% Increased
149
Alyeska Investment Group
Alyeska Investment Group
Illinois
$994M +$121M 19 3.5% Increased
150
Chevy Chase Trust
Chevy Chase Trust
Maryland
$948M +$51.2M 16 2.76% Increased