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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
Clal Insurance
Clal Insurance
Israel
$436M +$8.84M 4 5.99% Increased
152
Mirae Asset Global Investments
Mirae Asset Global Investments
South Korea
$436M -$41.4M 39 1.17% Reduced
153
Retirement Systems of Alabama
Retirement Systems of Alabama
Alabama
$435M -$147M 27 2.03% Reduced
154
Glenmede Trust
Glenmede Trust
Pennsylvania
$418M +$9.31M 31 2.63% Increased
155
Commonwealth Equity Services
Commonwealth Equity Services
Massachusetts
$417M +$1.26M 43 1.07% Increased
156
Canada Pension Plan Investment Board
Canada Pension Plan Investment Board
Ontario, Canada
$407M +$64.1M 24 0.69% Increased
157
Sachem Head Capital Management
Sachem Head Capital Management
New York
$405M $0 1 15.1% Maintained
158
Point72 Asset Management
Point72 Asset Management
Connecticut
$401M -$95.2M 16 1.6% Reduced
159
Janney Montgomery Scott
Janney Montgomery Scott
Pennsylvania
$400M +$160M 35 1.72% Increased
160
ProShare Advisors
ProShare Advisors
Maryland
$400M -$34.2M 37 1.53% Reduced
161
Westfield Capital Management
Westfield Capital Management
Massachusetts
$398M +$4.45M 6 3.16% Increased
162
HighTower Advisors
HighTower Advisors
Illinois
$398M +$2.69M 39 1.07% Increased
163
Osaic Holdings
Osaic Holdings
Arizona
$395M +$16.5M 86 0.9% Increased
164
Epoch Investment Partners
Epoch Investment Partners
New York
$394M -$2.1M 9 2.57% Reduced
165
Canada Life
Canada Life
Manitoba, Canada
$391M -$4.91M 49 1.11% Reduced
166
Cullen Capital Management
Cullen Capital Management
New York
$388M -$5.84M 6 4.16% Reduced
167
Lone Pine Capital
Lone Pine Capital
Connecticut
$387M +$440M 1 3.65% New
168
DF Dent & Co
DF Dent & Co
Maryland
$386M -$6.38M 4 5.96% Reduced
169
Fort Washington Investment Advisors
Fort Washington Investment Advisors
Ohio
$380M -$30.2M 13 3.17% Reduced
170
Asset Management One
Asset Management One
Japan
$377M -$2.4M 24 1.92% Reduced
171
Fifth Third Bancorp
Fifth Third Bancorp
Ohio
$376M +$2.54M 48 1.96% Increased
172
William Blair & Company
William Blair & Company
Illinois
$372M +$14.1M 29 1.71% Increased
173
FI
Focused Investors
California
$370M -$29M 4 13.25% Reduced
174
Natixis
Natixis
France
$369M +$77.7M 21 1.73% Increased
175
Toronto Dominion Bank
Toronto Dominion Bank
Ontario, Canada
$368M +$11.6M 22 0.65% Increased