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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
151
Glenmede Trust
Glenmede Trust
Pennsylvania
$620M -$39.9M 51 2.82% Reduced
152
Baird Financial Group
Baird Financial Group
Wisconsin
$617M +$31.9M 26 2.22% Increased
153
MG
Meritage Group
California
$602M +$243M 2 10.58% Increased
154
Bessemer Group
Bessemer Group
New Jersey
$594M +$214M 31 1.92% Increased
155
Jensen Investment Management
Jensen Investment Management
Oregon
$593M +$327K 1 5.88% Increased
156
Los Angeles Capital Management
Los Angeles Capital Management
California
$590M -$70.7M 35 2.94% Reduced
157
Gabelli Funds
Gabelli Funds
New York
$582M -$20.3M 26 3.77% Reduced
158
TimesSquare Capital Management
TimesSquare Capital Management
New York
$581M -$52.7M 9 5.18% Reduced
159
Ensign Peak Advisors
Ensign Peak Advisors
Utah
$577M +$587M 42 1.52% New
160
Loomis, Sayles & Company
Loomis, Sayles & Company
Massachusetts
$576M +$34.6M 26 0.98% Increased
161
Alkeon Capital Management
Alkeon Capital Management
New York
$576M +$42.2M 4 2.14% Increased
162
BNP Paribas Financial Markets
BNP Paribas Financial Markets
France
$574M -$195M 59 1.05% Reduced
163
Ohio Public Employees Retirement System (OPERS)
Ohio Public Employees Retirement System (OPERS)
Ohio
$571M -$35.7M 44 2.96% Reduced
164
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
$563M +$60.2M 28 1.31% Increased
165
JP Morgan Private Wealth Advisors
JP Morgan Private Wealth Advisors
California
$553M +$41.3M 25 2.51% Increased
166
Envestnet Asset Management
Envestnet Asset Management
Illinois
$546M +$42.2M 44 0.58% Increased
167
Carillon Tower Advisers
Carillon Tower Advisers
Florida
$541M -$37.8M 14 3.62% Reduced
168
Canada Pension Plan Investment Board
Canada Pension Plan Investment Board
Ontario, Canada
$527M -$128M 33 1.04% Reduced
169
AGF Investments Inc
AGF Investments Inc
Ontario, Canada
$523M -$15.1M 8 6.28% Reduced
170
Asset Management One
Asset Management One
Japan
$510M +$9.11M 20 2.3% Increased
171
Point72 Asset Management
Point72 Asset Management
Connecticut
$507M +$307M 17 2.66% Increased
172
Winslow Capital Management
Winslow Capital Management
Minnesota
$500M -$148M 4 2.6% Reduced
173
Alyeska Investment Group
Alyeska Investment Group
Illinois
$498M +$2.78M 6 6.57% Increased
174
Calamos Advisors
Calamos Advisors
Illinois
$494M +$44.4M 14 2.44% Increased
175
CIBC World Markets
CIBC World Markets
New York
$491M +$296M 18 3.18% Increased