← 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

# Name Holding Trade Value Theme
Stocks
% of
Portfolio
Status
151
Kayne Anderson Rudnick Investment Management
Kayne Anderson Rudnick Investment Management
California
$619M +$14.8M 3 3.62% Increased
152
VVP
Vulcan Value Partners
Alabama
$617M -$12.3M 2 4.5% Reduced
153
Los Angeles Capital Management
Los Angeles Capital Management
California
$615M +$406M 30 3.22% Increased
154
Toronto Dominion Bank
Toronto Dominion Bank
Ontario, Canada
$613M +$260K 20 1.12% Increased
155
Ninety One (UK)
Ninety One (UK)
United Kingdom
$605M +$69.9M 5 2.26% Increased
156
AGF Investments Inc
AGF Investments Inc
Ontario, Canada
$592M -$58.5M 8 5.97% Reduced
157
Aperio Group
Aperio Group
California
$577M -$2.03M 47 2.54% Reduced
158
Korea Investment Corp
Korea Investment Corp
South Korea
$564M -$60.9M 15 2.6% Reduced
159
Homestead Advisers
Homestead Advisers
Virginia
$543M $0 7 8.31% Maintained
160
First Pacific Advisors
First Pacific Advisors
California
$540M -$57.2M 6 3.91% Reduced
161
Susquehanna International Group
Susquehanna International Group
Pennsylvania
$537M -$295M 30 0.18% Reduced
162
Man Group
Man Group
United Kingdom
$531M +$105M 33 1.94% Increased
163
Carillon Tower Advisers
Carillon Tower Advisers
Florida
$522M +$46.7M 14 3.75% Increased
164
Pzena Investment Management
Pzena Investment Management
New York
$517M +$211M 4 2.51% Increased
165
Westfield Capital Management
Westfield Capital Management
Massachusetts
$516M +$52.8M 4 3.62% Increased
166
Treasurer of the State of North Carolina
Treasurer of the State of North Carolina
North Carolina
$512M +$165M 25 3.23% Increased
167
Robeco Institutional Asset Management
Robeco Institutional Asset Management
Netherlands
$503M +$82.3M 23 1.99% Increased
168
Select Equity Group
Select Equity Group
New York
$500M +$41.7M 4 3.7% Increased
169
Alkeon Capital Management
Alkeon Capital Management
New York
$499M -$2.94M 4 2.36% Reduced
170
Balyasny Asset Management
Balyasny Asset Management
Illinois
$499M +$30.9M 26 2.27% Increased
171
LSV Asset Management
LSV Asset Management
Illinois
$498M -$323M 19 0.75% Reduced
172
Pictet Asset Management (UK)
Pictet Asset Management (UK)
United Kingdom
$488M -$52.1M 15 1.03% Reduced
173
Mondrian Investment Partners
Mondrian Investment Partners
United Kingdom
$488M -$80.5M 5 15.27% Reduced
174
State Farm Mutual Automobile Insurance
State Farm Mutual Automobile Insurance
Illinois
$486M $0 1 0.61% Maintained
175
SEI Investments
SEI Investments
Pennsylvania
$480M -$44.8M 45 1.74% Reduced