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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
Natixis Advisors
Natixis Advisors
Massachusetts
$575M -$53.7M 32 2.2% Reduced
152
Retirement Systems of Alabama
Retirement Systems of Alabama
Alabama
$566M +$3.07M 26 1.97% Increased
153
Nikko Asset Management Americas
Nikko Asset Management Americas
New York
$556M -$7.62M 11 2.93% Reduced
154
Bank of Nova Scotia
Bank of Nova Scotia
Ontario, Canada
$553M +$36.5M 25 0.77% Increased
155
Public Employees Retirement Association of Colorado
Public Employees Retirement Association of Colorado
Colorado
$549M -$71.1M 47 2.24% Reduced
156
Chevy Chase Trust
Chevy Chase Trust
Maryland
$545M -$15.3M 15 1.76% Reduced
157
Mitsubishi UFJ Asset Management
Mitsubishi UFJ Asset Management
Japan
$539M +$59.5M 42 2.14% Increased
158
Mitsubishi UFJ Trust & Banking
Mitsubishi UFJ Trust & Banking
Japan
$530M -$27.3M 29 1.09% Reduced
159
Farallon Capital Management
Farallon Capital Management
California
$530M +$57.6M 3 2.65% Increased
160
Voloridge Investment Management
Voloridge Investment Management
Florida
$529M +$271M 35 2.89% Increased
161
BCIM
Black Creek Investment Management
Ontario, Canada
$527M -$4.39M 2 14.05% Reduced
162
State of Tennessee, Department of Treasury
State of Tennessee, Department of Treasury
Tennessee
$525M -$136M 41 1.93% Reduced
163
Brandes Investment Partners
Brandes Investment Partners
California
$522M -$25.8M 7 11.39% Reduced
164
Snyder Capital Management
Snyder Capital Management
California
$511M +$19.5M 8 12.33% Increased
165
Raymond James Financial Services Advisors
Raymond James Financial Services Advisors
Florida
$510M -$3.39M 43 0.95% Reduced
166
Eagle Asset Management
Eagle Asset Management
Florida
$505M -$33M 10 2.22% Reduced
167
STRS Ohio
STRS Ohio
Ohio
$499M +$8.01M 40 1.73% Increased
168
Bahl & Gaynor
Bahl & Gaynor
Ohio
$484M -$108M 12 2.7% Reduced
169
DVI
Deccan Value Investors
Connecticut
$478M -$13.1M 2 18.8% Reduced
170
Glenmede Trust
Glenmede Trust
Pennsylvania
$477M +$5.91M 26 2.27% Increased
171
DekaBank Deutsche Girozentrale
DekaBank Deutsche Girozentrale
Germany
$474M -$112M 23 1.15% Reduced
172
Jacobs Levy Equity Management
Jacobs Levy Equity Management
New Jersey
$474M +$19.6M 21 3.17% Increased
173
Epoch Investment Partners
Epoch Investment Partners
New York
$473M +$10.5M 7 2.4% Increased
174
Holocene Advisors
Holocene Advisors
New York
$473M +$209M 27 2.46% Increased
175
Asset Management One
Asset Management One
Japan
$473M -$2.47M 24 1.65% Reduced