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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
Voloridge Investment Management
Voloridge Investment Management
Florida
$625M -$258M 20 2.46% Reduced
152
Bahl & Gaynor
Bahl & Gaynor
Ohio
$614M -$33.9M 11 3.69% Reduced
153
London Company of Virginia
London Company of Virginia
Virginia
$612M +$71.9M 3 3.44% Increased
154
Ohio Public Employees Retirement System (OPERS)
Ohio Public Employees Retirement System (OPERS)
Ohio
$592M +$1.42M 44 2.37% Increased
155
Chevy Chase Trust
Chevy Chase Trust
Maryland
$592M -$6.01M 15 2.12% Reduced
156
Osaic Holdings
Osaic Holdings
Arizona
$591M -$152M 87 1.03% Reduced
157
Congress Asset Management
Congress Asset Management
Massachusetts
$590M +$27.5M 12 4.64% Increased
158
WPL
WINDACRE PARTNERSHIP LLC
Texas
$587M +$15.6M 1 8.91% Increased
159
Fred Alger Management
Fred Alger Management
New York
$585M -$2.12M 12 3.15% Reduced
160
Fidelity International
Fidelity International
Bermuda
$551M -$57.4M 14 0.58% Reduced
161
Egerton Capital (UK)
Egerton Capital (UK)
United Kingdom
$549M +$54.5M 1 5.95% Increased
162
William Blair & Company
William Blair & Company
Illinois
$546M -$8.69M 31 1.86% Reduced
163
State of Tennessee, Department of Treasury
State of Tennessee, Department of Treasury
Tennessee
$543M +$45.5M 40 2.13% Increased
164
Rockefeller Capital Management
Rockefeller Capital Management
New York
$532M +$21.9M 22 1.78% Increased
165
Pzena Investment Management
Pzena Investment Management
New York
$532M -$410M 4 2% Reduced
166
Aviva
Aviva
United Kingdom
$529M +$54.5M 18 1.9% Increased
167
ARK Investment Management
ARK Investment Management
Florida
$527M +$7.51M 17 3.12% Increased
168
Bank Julius Baer & Co
Bank Julius Baer & Co
Switzerland
$523M +$6.81M 9 2.21% Increased
169
Alphinity Investment Management
Alphinity Investment Management
Australia
$522M +$140M 1 5.3% Increased
170
Wealth Enhancement Advisory Services
Wealth Enhancement Advisory Services
Minnesota
$521M +$27.3M 35 1.51% Increased
171
Eagle Asset Management
Eagle Asset Management
Florida
$518M +$96.8M 17 2.78% Increased
172
Trian Fund Management
Trian Fund Management
New York
$514M +$43.3K 1 7.34% Increased
173
Westfield Capital Management
Westfield Capital Management
Massachusetts
$512M +$14.9M 5 2.98% Increased
174
Treasurer of the State of North Carolina
Treasurer of the State of North Carolina
North Carolina
$511M -$202K 31 2.47% Reduced
175
State Farm Mutual Automobile Insurance
State Farm Mutual Automobile Insurance
Illinois
$509M $0 1 0.49% Maintained