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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
Brandes Investment Partners
Brandes Investment Partners
California
$1.39B -$56.1M 7 10.59% Reduced
127
Wealth Enhancement Advisory Services
Wealth Enhancement Advisory Services
Minnesota
$1.39B -$38.4M 57 1.89% Reduced
128
Toronto Dominion Bank
Toronto Dominion Bank
Ontario, Canada
$1.38B -$51.6M 31 2.03% Reduced
129
Truist Financial
Truist Financial
North Carolina
$1.38B +$22.4M 49 1.83% Increased
130
Pictet Asset Management
Pictet Asset Management
Switzerland
$1.37B -$81.1M 54 1.33% Reduced
131
Vident Advisory
Vident Advisory
Georgia
$1.36B -$26.8M 54 12.39% Reduced
132
Quantinno Capital Management
Quantinno Capital Management
New York
$1.36B +$281M 64 2.73% Increased
133
Susquehanna International Group
Susquehanna International Group
Pennsylvania
$1.34B -$50.4M 89 0.15% Reduced
134
Aberdeen Group
Aberdeen Group
United Kingdom
$1.32B -$12.1M 21 2.05% Reduced
135
Eagle Capital Management (New York)
Eagle Capital Management (New York)
New York
$1.32B -$16.6M 2 4.1% Reduced
136
American Securities
American Securities
New York
$1.31B $0 1 100% Maintained
137
Allianz Asset Management
Allianz Asset Management
Germany
$1.31B +$316M 31 1.32% Increased
138
Point72 Asset Management
Point72 Asset Management
Connecticut
$1.3B +$542M 48 1.45% Increased
139
AP
Altarock Partners
Florida
$1.29B -$9.16M 1 25.28% Reduced
140
Ensign Peak Advisors
Ensign Peak Advisors
Utah
$1.27B -$172M 46 2.25% Reduced
141
Focus Partners Wealth
Focus Partners Wealth
Massachusetts
$1.27B +$403M 49 1.45% Increased
142
BNP Paribas Asset Management
BNP Paribas Asset Management
France
$1.27B +$738M 57 1.45% Increased
143
Alyeska Investment Group
Alyeska Investment Group
Illinois
$1.27B +$320M 22 3.57% Increased
144
Rockefeller Capital Management
Rockefeller Capital Management
New York
$1.25B +$66.1M 77 2.26% Increased
145
William Blair & Company
William Blair & Company
Illinois
$1.25B +$63.3M 42 3.36% Increased
146
LSV Asset Management
LSV Asset Management
Illinois
$1.25B -$35.6M 12 2.72% Reduced
147
Trian Fund Management
Trian Fund Management
New York
$1.24B +$166K 1 31.16% Increased
148
Bessemer Group
Bessemer Group
New Jersey
$1.23B -$114M 58 1.89% Reduced
149
Daiwa Securities Group
Daiwa Securities Group
Japan
$1.21B +$760M 36 3.88% Increased
150
State Farm Mutual Automobile Insurance
State Farm Mutual Automobile Insurance
Illinois
$1.21B $0 1 0.95% Maintained