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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
Focus Partners Wealth
Focus Partners Wealth
Massachusetts
$1.48B +$196M 50 1.64% Increased
127
Truist Financial
Truist Financial
North Carolina
$1.48B +$30.5M 55 1.99% Increased
128
HighTower Advisors
HighTower Advisors
Illinois
$1.46B +$1.52M 65 1.55% Increased
129
Baillie Gifford & Co
Baillie Gifford & Co
United Kingdom
$1.45B +$20.5M 6 1.49% Increased
130
Mariner
Mariner
Kansas
$1.45B +$253M 58 1.7% Increased
131
Swedbank
Swedbank
Sweden
$1.44B +$522M 15 1.51% Increased
132
Korea Investment Corp
Korea Investment Corp
South Korea
$1.43B +$43.7M 23 2.97% Increased
133
Pentwater Capital Management
Pentwater Capital Management
Florida
$1.41B +$105M 2 7.3% Increased
134
Daiwa Securities Group
Daiwa Securities Group
Japan
$1.4B +$326M 36 4.02% Increased
135
1832 Asset Management
1832 Asset Management
Ontario, Canada
$1.38B -$255M 18 1.27% Reduced
136
Fifth Third Bancorp
Fifth Third Bancorp
Ohio
$1.38B +$676M 72 2.51% Increased
137
Rockefeller Capital Management
Rockefeller Capital Management
New York
$1.37B +$89.4M 86 2.43% Increased
138
ARK Investment Management
ARK Investment Management
Florida
$1.37B +$67.7M 18 10.63% Increased
139
Brandes Investment Partners
Brandes Investment Partners
California
$1.36B +$15.1M 7 9.65% Increased
140
William Blair & Company
William Blair & Company
Illinois
$1.36B +$95.6M 46 3.89% Increased
141
BNP Paribas Asset Management
BNP Paribas Asset Management
France
$1.35B +$134M 58 1.57% Increased
142
Ensign Peak Advisors
Ensign Peak Advisors
Utah
$1.34B +$107M 47 2.5% Increased
143
Pictet Asset Management
Pictet Asset Management
Switzerland
$1.33B -$8.33M 60 1.41% Reduced
144
Aberdeen Group
Aberdeen Group
United Kingdom
$1.32B +$30.1M 22 2.13% Increased
145
LSV Asset Management
LSV Asset Management
Illinois
$1.32B +$15.6M 12 2.84% Increased
146
Brown Advisory
Brown Advisory
Maryland
$1.31B -$279M 35 2.15% Reduced
147
Cetera Investment Advisers
Cetera Investment Advisers
Illinois
$1.3B +$152M 73 1.38% Increased
148
Susquehanna International Group
Susquehanna International Group
Pennsylvania
$1.25B -$39.3M 99 0.14% Reduced
149
Bank of Nova Scotia
Bank of Nova Scotia
Ontario, Canada
$1.19B -$242M 34 2.09% Reduced
150
American Securities
American Securities
New York
$1.17B $0 1 29.88% Maintained