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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
Wealth Enhancement Advisory Services
Wealth Enhancement Advisory Services
Minnesota
$547M -$23.4M 36 1.3% Reduced
177
DekaBank Deutsche Girozentrale
DekaBank Deutsche Girozentrale
Germany
$533M -$22.3M 22 0.96% Reduced
178
State of Tennessee, Department of Treasury
State of Tennessee, Department of Treasury
Tennessee
$513M -$10.7M 39 1.88% Reduced
179
London Company of Virginia
London Company of Virginia
Virginia
$511M -$64.6M 3 2.87% Reduced
180
ProShare Advisors
ProShare Advisors
Maryland
$504M -$20.2M 43 1.35% Reduced
181
Gabelli Funds
Gabelli Funds
New York
$504M -$20.5M 34 3.83% Reduced
182
DF Dent & Co
DF Dent & Co
Maryland
$504M -$58.7M 5 6.52% Reduced
183
Fifth Third Bancorp
Fifth Third Bancorp
Ohio
$504M -$8.57M 44 1.92% Reduced
184
Canada Life
Canada Life
Manitoba, Canada
$503M -$53.4M 43 0.95% Reduced
185
Kestra Advisory Services
Kestra Advisory Services
Texas
$500M +$31.3M 34 2.79% Increased
186
KeyBank National Association
KeyBank National Association
Ohio
$498M -$17.8M 25 2.04% Reduced
187
Asset Management One
Asset Management One
Japan
$494M -$20.9M 23 1.89% Reduced
188
Great Lakes Advisors
Great Lakes Advisors
Illinois
$486M -$28.2M 16 4.31% Reduced
189
Royal London Asset Management
Royal London Asset Management
United Kingdom
$484M -$22.4M 16 1.24% Reduced
190
Holocene Advisors
Holocene Advisors
New York
$481M -$338K 14 2.01% Reduced
191
Janney Montgomery Scott
Janney Montgomery Scott
Pennsylvania
$481M -$29.9M 43 1.47% Reduced
192
Comerica Bank
Comerica Bank
Texas
$476M -$22.6M 51 1.98% Reduced
193
Bank of Nova Scotia
Bank of Nova Scotia
Ontario, Canada
$476M -$18.3M 28 0.93% Reduced
194
Penserra Capital Management
Penserra Capital Management
California
$468M +$136M 29 5.92% Increased
195
Nomura Asset Management
Nomura Asset Management
Japan
$466M -$295K 35 1.59% Reduced
196
State of New Jersey Common Pension Fund D
State of New Jersey Common Pension Fund D
New Jersey
$464M -$281M 40 2.03% Reduced
197
Pentwater Capital Management
Pentwater Capital Management
Florida
$458M +$73.9M 1 5.87% Increased
198
Fort Washington Investment Advisors
Fort Washington Investment Advisors
Ohio
$453M -$20.2M 13 2.95% Reduced
199
AKO Capital
AKO Capital
United Kingdom
$453M -$38M 1 6.22% Reduced
200
Capital Group Private Client Services
Capital Group Private Client Services
California
$443M -$35.8M 8 4.43% Reduced