← 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
151	Teacher Retirement System of Texas Austin, Texas	$565M	+$62.2M	31	3.48%	Increased
152	Mondrian Investment Partners London, United Kingdom	$553M	+$217M	7	14.04%	Increased
153	EARNEST Partners Atlanta, Georgia	$545M	-$1.09M	11	5.43%	Reduced
154	MLICM Metropolitan Life Insurance Company (MetLife) New York	$539M	+$42.1M	47	3.38%	Increased
155	SEI Investments Oaks, Pennsylvania	$530M	+$68.1M	46	1.88%	Increased
156	Pictet Asset Management (UK) London, United Kingdom	$529M	+$14.2M	15	1.5%	Increased
157	Los Angeles Capital Management Los Angeles, California	$525M	+$192M	25	3.03%	Increased
158	1832 Asset Management Toronto, Ontario, Canada	$522M	-$12.6M	11	1.83%	Reduced
159	Susquehanna International Group Bala Cynwyd, Pennsylvania	$521M	+$144M	28	0.2%	Increased
160	Viking Global Investors Stamford, Connecticut	$501M	+$151M	2	3.24%	Increased
161	Public Employees Retirement Association of Colorado Denver, Colorado	$499M	-$17M	42	3.6%	Reduced
162	Hotchkis & Wiley Capital Management Los Angeles, California	$498M	-$210M	5	1.96%	Reduced
163	Aperio Group Sausalito, California	$491M	+$10.2M	46	2.77%	Increased
164	Loomis, Sayles & Company Boston, Massachusetts	$490M	-$38.5M	28	1.07%	Reduced
165	Select Equity Group New York	$479M	-$45.9M	5	3.63%	Reduced
166	Bahl & Gaynor Cincinnati, Ohio	$475M	+$83M	8	5.21%	Increased
167	BP Berkshire Partners Boston, Massachusetts	$463M	$0	1	81.3%	Maintained
168	Stockbridge Partners Boston, Massachusetts	$461M	$0	1	23.2%	Maintained
169	Wedge Capital Management Charlotte, North Carolina	$461M	+$5.89M	15	4.29%	Increased
170	M&T Bank Buffalo, New York	$449M	-$15.4M	28	2.44%	Reduced
171	Bank of Nova Scotia Toronto, Ontario, Canada	$446M	-$41.8M	15	2.6%	Reduced
172	Mairs & Power Inc St Paul, Minnesota	$446M	+$2.46M	6	5.36%	Increased
173	KeyBank National Association Cleveland, Ohio	$443M	-$14M	21	2.63%	Reduced
174	Gateway Investment Advisers Cincinnati, Ohio	$441M	-$8.15M	14	3.82%	Reduced
175	First Manhattan New York	$429M	-$9.36M	27	2.46%	Reduced