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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
Corient Private Wealth
Corient Private Wealth
Florida
$1.17B +$43.4M 55 1.68% Increased
152
Cerity Partners
Cerity Partners
New York
$1.17B +$91.3M 58 1.65% Increased
153
Trian Fund Management
Trian Fund Management
New York
$1.14B $0 1 29.63% Maintained
154
ProShare Advisors
ProShare Advisors
Maryland
$1.13B -$226M 45 1.67% Reduced
155
Danske Bank
Danske Bank
Denmark
$1.11B +$87M 43 2.69% Increased
156
US Bancorp
US Bancorp
Minnesota
$1.11B -$12.1M 74 1.35% Reduced
157
Panagora Asset Management
Panagora Asset Management
Massachusetts
$1.1B +$99M 36 4.13% Increased
158
State Farm Mutual Automobile Insurance
State Farm Mutual Automobile Insurance
Illinois
$1.1B -$12.5M 1 0.87% Reduced
159
Chevy Chase Trust
Chevy Chase Trust
Maryland
$1.08B +$6.77M 18 3.12% Increased
160
Harel Insurance Investments & Financial Services
Harel Insurance Investments & Financial Services
Israel
$1.08B +$463M 28 7.34% Increased
161
Royal London Asset Management
Royal London Asset Management
United Kingdom
$1.08B +$130M 20 2.26% Increased
162
Alkeon Capital Management
Alkeon Capital Management
New York
$1.07B +$110M 5 1.8% Increased
163
Luther King Capital Management (LKCM)
Luther King Capital Management (LKCM)
Texas
$1.07B +$27.3M 18 4.62% Increased
164
Man Group
Man Group
United Kingdom
$1.07B -$106M 47 1.93% Reduced
165
AP
Altarock Partners
Florida
$1.05B -$79M 1 25.54% Reduced
166
Driehaus Capital Management
Driehaus Capital Management
Illinois
$1.04B -$250M 21 7.68% Reduced
167
Universal-Beteiligungs- und Servicegesellschaft
Universal-Beteiligungs- und Servicegesellschaft
Germany
$1.04B +$53.2M 57 1.78% Increased
168
Retirement Systems of Alabama
Retirement Systems of Alabama
Alabama
$1.03B +$78.4M 35 3.45% Increased
169
Toronto Dominion Bank
Toronto Dominion Bank
Ontario, Canada
$1.03B -$302M 31 1.48% Reduced
170
Commonwealth Equity Services
Commonwealth Equity Services
Massachusetts
$1.03B -$18.6M 60 1.44% Reduced
171
Osaic Holdings
Osaic Holdings
Arizona
$1.02B +$40.3M 113 1.49% Increased
172
Creative Planning
Creative Planning
Kansas
$1.02B +$110M 72 0.69% Increased
173
Hotchkis & Wiley Capital Management
Hotchkis & Wiley Capital Management
California
$1.01B -$118M 7 3.13% Reduced
174
Robeco Institutional Asset Management
Robeco Institutional Asset Management
Netherlands
$1.01B +$180M 23 1.44% Increased
175
Mitsubishi UFJ Trust & Banking
Mitsubishi UFJ Trust & Banking
Japan
$1.01B +$46.4M 28 2.49% Increased