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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
176
DekaBank Deutsche Girozentrale
DekaBank Deutsche Girozentrale
Germany
$435M -$171M 22 1% Reduced
177
Gabelli Funds
Gabelli Funds
New York
$434M -$86.2M 34 3.52% Reduced
178
Asset Management One
Asset Management One
Japan
$431M -$3.22M 24 1.92% Reduced
179
Canada Life
Canada Life
Manitoba, Canada
$430M +$27.6M 46 1.03% Increased
180
Harris Associates
Harris Associates
Illinois
$425M -$473M 1 0.83% Reduced
181
Egerton Capital (UK)
Egerton Capital (UK)
United Kingdom
$424M +$2.23M 1 4.92% Increased
182
State of Tennessee, Department of Treasury
State of Tennessee, Department of Treasury
Tennessee
$423M +$12.3M 40 1.71% Increased
183
KeyBank National Association
KeyBank National Association
Ohio
$421M -$14.4M 23 2.02% Reduced
184
Fifth Third Bancorp
Fifth Third Bancorp
Ohio
$418M -$12.7M 46 1.94% Reduced
185
Westfield Capital Management
Westfield Capital Management
Massachusetts
$417M -$46.4M 4 2.84% Reduced
186
Bank of Nova Scotia
Bank of Nova Scotia
Ontario, Canada
$415M +$41.2M 27 1.09% Increased
187
DF Dent & Co
DF Dent & Co
Maryland
$413M +$4.41M 4 6.05% Increased
188
Barrow, Hanley, Mewhinney & Strauss
Barrow, Hanley, Mewhinney & Strauss
Texas
$412M -$70.1M 8 1.58% Reduced
189
Wealth Enhancement Advisory Services
Wealth Enhancement Advisory Services
Minnesota
$412M +$429M 37 1.36% Increased
190
Janney Montgomery Scott
Janney Montgomery Scott
Pennsylvania
$409M -$43.1M 38 1.52% Reduced
191
Cullen Capital Management
Cullen Capital Management
New York
$402M -$4.1M 6 4.7% Reduced
192
Aviva
Aviva
United Kingdom
$395M -$48.1M 19 1.66% Reduced
193
Comerica Bank
Comerica Bank
Texas
$393M +$420M 53 2.05% New
194
Brandes Investment Partners
Brandes Investment Partners
California
$390M +$6.44M 7 7.62% Increased
195
Manning & Napier Group
Manning & Napier Group
New York
$388M +$66.6M 6 4.81% Increased
196
Fuller & Thaler Asset Management
Fuller & Thaler Asset Management
California
$388M -$40.3M 10 2.23% Reduced
197
Royal London Asset Management
Royal London Asset Management
United Kingdom
$388M +$12.6M 18 1.26% Increased
198
Frontier Capital Management
Frontier Capital Management
Massachusetts
$386M -$36.3M 7 4.24% Reduced
199
CAPTRUST Financial Advisors
CAPTRUST Financial Advisors
North Carolina
$386M +$32.8M 44 1.48% Increased
200
Beutel, Goodman & Co
Beutel, Goodman & Co
Ontario, Canada
$385M +$2.63M 2 2.27% Increased