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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
Two Sigma Advisers
Two Sigma Advisers
New York
$548M -$328M 41 1.45% Reduced
152
Royce & Associates
Royce & Associates
New York
$544M -$22.2M 33 3.74% Reduced
153
State of New Jersey Common Pension Fund D
State of New Jersey Common Pension Fund D
New Jersey
$543M -$62.6M 38 1.78% Reduced
154
BHH
Baker Hughes Holdings
Texas
$541M -$134M 1 99.51% Reduced
155
DVI
Deccan Value Investors
Connecticut
$535M -$71.5K 2 21.1% Reduced
156
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$534M -$146M 27 1.17% Reduced
157
Raymond James Financial Services Advisors
Raymond James Financial Services Advisors
Florida
$528M +$28.9M 40 1.08% Increased
158
STRS Ohio
STRS Ohio
Ohio
$520M -$37.9M 40 1.87% Reduced
159
Glenmede Trust
Glenmede Trust
Pennsylvania
$519M +$52.7M 28 2.69% Increased
160
Bank of Nova Scotia
Bank of Nova Scotia
Ontario, Canada
$515M -$151M 22 0.95% Reduced
161
WPL
WINDACRE PARTNERSHIP LLC
Texas
$513M -$17.7M 1 11.35% Reduced
162
DekaBank Deutsche Girozentrale
DekaBank Deutsche Girozentrale
Germany
$508M +$56.4M 23 1.48% Increased
163
AGF Investments Inc
AGF Investments Inc
Ontario, Canada
$505M +$8.44M 16 3.77% Increased
164
SEI Investments
SEI Investments
Pennsylvania
$504M +$66.8M 50 1.12% Increased
165
Asset Management One
Asset Management One
Japan
$502M +$5.83M 23 1.87% Increased
166
RA
Rovida Advisors
Florida
$499M -$16.1M 9 21.63% Reduced
167
Westfield Capital Management
Westfield Capital Management
Massachusetts
$492M -$32.7M 6 2.95% Reduced
168
State Farm Mutual Automobile Insurance
State Farm Mutual Automobile Insurance
Illinois
$490M $0 1 0.49% Maintained
169
William Blair & Company
William Blair & Company
Illinois
$489M -$2.11M 29 1.69% Reduced
170
Comerica Bank
Comerica Bank
Texas
$487M -$15.7M 49 2.91% Reduced
171
Brandes Investment Partners
Brandes Investment Partners
California
$486M -$9.42M 5 10.8% Reduced
172
Frontier Capital Management
Frontier Capital Management
Massachusetts
$483M -$21.1M 8 3.54% Reduced
173
Commonwealth Equity Services
Commonwealth Equity Services
Massachusetts
$482M +$21M 47 1.22% Increased
174
Snyder Capital Management
Snyder Capital Management
California
$477M -$71.8M 8 13.34% Reduced
175
Royal London Asset Management
Royal London Asset Management
United Kingdom
$473M +$53.8M 16 1.93% Increased