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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
Robeco Institutional Asset Management
Robeco Institutional Asset Management
Netherlands
$626M -$24.7M 22 1.22% Reduced
177
Winslow Capital Management
Winslow Capital Management
Minnesota
$618M +$85.4M 3 2.46% Increased
178
Pentwater Capital Management
Pentwater Capital Management
Florida
$617M +$186M 2 5.18% Increased
179
GAMCO Investors
GAMCO Investors
Connecticut
$617M -$16.8M 29 6.79% Reduced
180
Bank Julius Baer & Co
Bank Julius Baer & Co
Switzerland
$617M -$102M 12 2% Reduced
181
Bank of Nova Scotia
Bank of Nova Scotia
Ontario, Canada
$614M -$329M 26 1.38% Reduced
182
Nomura Asset Management
Nomura Asset Management
Japan
$613M +$45.3M 37 1.87% Increased
183
Mariner
Mariner
Kansas
$612M -$43.9M 53 1.02% Reduced
184
KeyBank National Association
KeyBank National Association
Ohio
$608M +$38.8M 23 2.43% Increased
185
DekaBank Deutsche Girozentrale
DekaBank Deutsche Girozentrale
Germany
$600M -$15.2M 21 1.18% Reduced
186
Universal-Beteiligungs- und Servicegesellschaft
Universal-Beteiligungs- und Servicegesellschaft
Germany
$594M +$29.3M 44 1.19% Increased
187
BAMCO Inc
BAMCO Inc
New York
$591M +$96M 8 1.74% Increased
188
Panagora Asset Management
Panagora Asset Management
Massachusetts
$589M -$5.03M 32 2.94% Reduced
189
Jane Street
Jane Street
New York
$588M -$359M 75 0.15% Reduced
190
Nikko Asset Management Americas
Nikko Asset Management Americas
New York
$587M -$135M 12 7.57% Reduced
191
Teacher Retirement System of Texas
Teacher Retirement System of Texas
Texas
$578M -$167M 51 2.41% Reduced
192
Janney Montgomery Scott
Janney Montgomery Scott
Pennsylvania
$574M +$50M 48 1.63% Increased
193
Focus Partners Wealth
Focus Partners Wealth
Massachusetts
$572M +$18.7M 35 1.43% Increased
194
Jarislowsky, Fraser Ltd
Jarislowsky, Fraser Ltd
Quebec, Canada
$570M -$19.9M 2 3.57% Reduced
195
Los Angeles Capital Management
Los Angeles Capital Management
California
$568M -$12.9M 25 2.51% Reduced
196
Danske Bank
Danske Bank
Denmark
$567M +$107M 22 1.73% Increased
197
William Blair Investment Management
William Blair Investment Management
Illinois
$564M -$103M 7 1.58% Reduced
198
Cetera Investment Advisers
Cetera Investment Advisers
Illinois
$563M +$81.7M 47 1.09% Increased
199
Canada Life
Canada Life
Manitoba, Canada
$555M +$42.8M 43 0.98% Increased
200
State of Tennessee, Department of Treasury
State of Tennessee, Department of Treasury
Tennessee
$554M -$3.84M 43 2.13% Reduced